|
Report Date : |
18.09.2013 |
IDENTIFICATION DETAILS
|
Name : |
SENTIMENTAL SARL |
|
|
|
|
Registered Office : |
Marché Mokolo, Yaounde |
|
|
|
|
Country : |
Cameroon |
|
|
|
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Date of Incorporation : |
Not Available |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Engaged in the exploitation of supermarkets
and all related activities in the broadest sense of the word. |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Unknown |
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|
|
|
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) |
|
Cameroon |
B2 |
B2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
CAMEROON - ECONOMIC OVERVIEW
Because of its modest
oil resources and favorable agricultural conditions, Cameroon has one of the
best-endowed primary commodity economies in sub-Saharan Africa. Still, it faces
many of the serious problems confronting other underdeveloped countries, such
as stagnant per capita income, a relatively inequitable distribution of income,
a top-heavy civil service, endemic corruption, and a generally unfavorable
climate for business enterprise. Since 1990, the government has embarked on
various IMF and World Bank programs designed to spur business investment,
increase efficiency in agriculture, improve trade, and recapitalize the
nation's banks. The IMF is pressing for more reforms, including increased
budget transparency, privatization, and poverty reduction programs. Subsidies for
electricity, food, and fuel have strained the budget. Cameroon recently began
several large infrastructure projects, including a deep sea port in Kribi, a
natural gas powered electricity generating plant, and several hydroelectric
dams. Cameroon must attract more investment to improve its inadequate
infrastructure, but its business environment is a deterrent to foreign
investment
|
Source
: CIA |
SENTIMENTAL SARL
ADDRESSES:
Main Address: Marché Mokolo
Zip code/City: Yaounde, Cameroon
WIN Worldbox No.: CM0000020146
VAT-No.: M111000034572M
Profile
Line of Business: Consumer markets/Department stores
Industry Division: Retail trade
Industry-code (NACE): 4711 Retail sale in non-specialised stores with
food, beverages or tobacco predominating
4729
Other retail sale of food in specialised stores
Banks: Not
disclosed.
Employees: unknown
CNPJ: -
Board of
Directors:
General Director MbeussiweKuinga, Origin: Cameroon,
Residential address: Cameroon
Public
information:
-
Legal form: Limited Liability Company
Balance sheet filing date: -
Tax Contributor Number (CNPJ): -
Legal status: active
Responsible Register: Tax Authorities of Yaounde
Entry Deleted Name
active SENTIMENTAL
SARL
Import and
Export:
-
Payment
history:
No complaints on record.
Owners/-s:
Name(s) of the sharreholder(s) are not
available.
Financial
information:
There are no accounts available.
Exchange rate:
US$ 1,00 = XAF
494,639 - Official rate on 12.09.2013
Main
Activities:
The company is engaged in the exploitation of
supermarkets and all related activities in the broadest sense of the word.
Operations & branches:
At the address, Marché Mokolo, Yaounde, we find
the companies head office.
It proved impossible to trace the year of
foundation of the company.
We could not find a telephone number for the
company.
The tax authorities in Yaounde confirmed the
existance of the company and supplied the tax number.
In case you have additional information, such as
a phone number, then please advise so that we can continue our searches and
send you an update.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.37 |
|
|
1 |
Rs.100.85 |
|
Euro |
1 |
Rs.84.59 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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.