MIRA INFORM REPORT
|
Report Date : |
25.05.2013 |
IDENTIFICATION DETAILS
|
Name : |
LIBRAIRIECLAIRAFRIQUE SA |
|
|
|
|
Registered Office : |
2, Rue El
HdjMbayeGuèye, BP 2005, Zip code/City Dakar |
|
|
|
|
Country : |
Senegal |
|
|
|
|
Year of Establishments: |
1951 |
|
|
|
|
Legal Form : |
Company limited by
shares |
|
|
|
|
Line of Business : |
Book Retail and Book
Publishing |
|
|
|
|
No. of Employees : |
35-49 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Senegal |
B2 |
B2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
seNegal ECONOMIC OVERVIEW
Senegal relies heavily on donor assistance and foreign direct investment. The country's key export industries are phosphate mining, fertilizer production, and commercial fishing. The country is also working on iron ore and oil exploration projects. After seeing its economy contract by 2.1% in 1993, Senegal made an important turnaround, thanks to an economic reform program backed by the donor community, which led to real growth in GDP averaging over 5% annually during 1995-2007. Annual inflation was pushed down to the single digits. The global economic downturn reduced growth to 2.2% in 2009. The IMF completed a non-dispersing, Policy Support Initiative program in 2010 and approved a new three-year policy support instrument in December 2010 to assist with economic reforms. Senegal also receives disbursements from a $540 million Millennium Challenge Account for infrastructure and agriculture development. In 2012, the economy began to rebound after a weak 2011. The economy continues to suffer from unreliable power supply, which has led to public protests and high unemployment and has prompted migrants to flee Senegal in search of better job opportunities in Europe.
|
Source : CIA |
REGISTERED NAME & COMPANY SUMMARY
LibrairieClairafrique SA
ADDRESSES:
Main Address: 2, Rue El
HdjMbayeGuèye, BP 2005
Zip code/City: Dakar, Senegal
Telephone: +221 338 22 21
69
+221 338 64 44 29
Fax: +221 338 64 58 54
Web site: http://www.clairafrique.net/
E-mail: clairaf@orange.sn
WIN Worldbox No.: SN0000020077
VAT-No.: 00153802 G 1
Profile
Established: 1951
Line of Business: Retail stores, Media
Industry Division: Retail trade, Services
Industry-code (NACE): 4761 Retail sale of books in
specialised stores
5811 Book publishing
Banks: Not
disclosed.
Employees: 35-49
CNPJ:
-
DIRECTORS/MANAGEMENT
Board
of Directors:
General Director Jean Charles Faye
NEGATIVE INFORMATION
Public
information:
-
SHARE & SHARE CAPITAL INFORMATION
State Register: SN-DKR-2010-7683B
Legal form: Company limited
by shares
Incorporation date: 27.12.2010
Balance sheet filing date: -
Tax Contributor Number
(CNPJ): -
Legal status: active
Responsible Register: Chambre de commerce de Dakar
Entry Deleted Name
active Clairafrique
PAYMENT INFORMATION
Import
and Export:
-
Payment
history:
No complaints on record.
GROUP STRUCTURE & AFFILIATED COMPANIES
Owners/-s:
Name(s) of the sharreholder(s)
are not available.
FINANCIAL INFORMATION
Financial
information:
There are no accounts
available.
Turnover 2012 : XOF
1.250.000.000
FOREIGN EXCHANGE RATES
Exchange
rate:
US$
1,00 =
XOF 509,793 - Official rate on 24.05.2013
ADDITIONAL INFORMATION
Main
Activities:
The company is engaged in
Book Retail and Book Publishing.
The majority of books are
published in French in various fields, such as law, history, art, botany,
geography, practical life guide etc..
Subject matter supports and
advises the client in his research. Proposals for works based on literature
searches can be requested both by institutional clients, libraries and
students.
The company also organizes
various cultural activities concerning literature and current affaires.
Operations
& branches:
At the address, 2 Rue El
HdjMbayeGuèye, Dakar, we find the companies head office.
The library has four stores
between Dakar and Thies:
Clairafrique - Indépendance,
Place de l'Indépendance, B.P. 2005, Quartier de Plateau, Dakar.
Clairafrique - Université,
Av. Cheikh Anta Diop, Route de l'Universitéprolongée, B. P. 2005, Quartier de
Fann, Dakar.
Clairafrique - Thiès, Daniel
Brottier, 116 Rue de Verdun, B.P. 3004, Quartier de Aiglon, Thiès.
Clairafrique - Maristes,
Chez Maya etDija, Route Des PéresMaristes, B.P. 2005, Quartier Hann, Maristes.
Quality certification: ISO 9001
Staff:
35-49
NOTES & COMMENTS
When contacting the company,
they declined to provide any information by phone. As per their request we have
sent an email requesting further details. So far we did not receive a response.
Should we receive more information in the coming few days, then we will send
you an update.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.61 |
|
UK Pound |
1 |
Rs.83.98 |
|
Euro |
1 |
Rs.71.94 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors and their relative weights (as
indicated through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.