MIRA INFORM REPORT
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Report Date : |
07.08.2014 |
IDENTIFICATION DETAILS
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Name : |
ALPEN EDITIONS SAM |
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Registered Office : |
Le Copori 3Eme Etage Cote Nord 9 Ave Albert II, |
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Country : |
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Date of Incorporation : |
2002 |
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Legal Form : |
Private Company with Limited Liability |
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Line of Business : |
Trader of Paper, Pulp & Products |
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No. of Employees |
5 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD $20,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 – June 1, 2014
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Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
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A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
UNITED KINGDOM - ECONOMIC OVERVIEW
The UK, a leading trading power and financial center, is the
third largest economy in Europe after Germany and France. Over the past two decades,
the government has greatly reduced public ownership. Agriculture is intensive,
highly mechanized, and efficient by European standards, producing about 60% of
food needs with less than 2% of the labor force. The UK has large coal, natural
gas, and oil resources, but its oil and natural gas reserves are declining and
the UK became a net importer of energy in 2005. Services, particularly banking,
insurance, and business services, are key drivers of British GDP growth.
Manufacturing, meanwhile, has declined in importance but still accounts for
about 10% of economic output. After emerging from recession in 1992, Britain's
economy enjoyed the longest period of expansion on record during which time
growth outpaced most of Western Europe. In 2008, however, the global financial
crisis hit the economy particularly hard, due to the importance of its
financial sector. Falling home prices, high consumer debt, and the global
economic slowdown compounded Britain's economic problems, pushing the economy
into recession in the latter half of 2008 and prompting the then BROWN (Labour)
government to implement a number of measures to stimulate the economy and
stabilize the financial markets; these included nationalizing parts of the
banking system, temporarily cutting taxes, suspending public sector borrowing
rules, and moving forward public spending on capital projects. Facing
burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition
government (between Conservatives and Liberal Democrats) initiated a five-year
austerity program, which aimed to lower London's budget deficit from about 11%
of GDP in 2010 to nearly 1% by 2015. In November 2011, Chancellor of the
Exchequer George OSBORNE announced additional austerity measures through 2017
largely due to the euro-zone debt crisis. The CAMERON government raised the
value added tax from 17.5% to 20% in 2011. It has pledged to reduce the
corporation tax rate to 21% by 2014. The Bank of England (BoE) implemented an
asset purchase program of £375 billion (approximately $605 billion) as of
December 2013. During times of economic crisis, the BoE coordinates interest
rate moves with the European Central Bank, but Britain remains outside the
European Economic and Monetary Union (EMU). In 2012, weak consumer spending and
subdued business investment weighed on the economy, however, in 2013 GDP grew
1.4%, accelerating unexpectedly in the second half of the year because of
greater consumer spending and a recovering housing market. The budget deficit
is falling but remains high at nearly 7% and public debt has continued to
increase.
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Source
: CIA |
REGISTERED NAME & COMPANY
SUMMARY
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Organization Name |
: |
ALPEN EDITIONS SAM |
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Address |
: |
Le Copori 3Eme Etage Cote Nord 9 Ave Albert II, Monaco 98000 |
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Country |
: |
Monaco |
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Phone (S) |
: |
[+377]-97776210 |
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Facsimile |
: |
[+377]-97776211 |
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Email |
: |
contact@alpen.mc |
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Website |
: |
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Primary Business Activity |
: |
Trader |
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Key Industry |
: |
Paper, Pulp & Products |
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Registered Legal Address |
: |
Le Copori 3Eme Etage Cote Nord 9 Ave Albert II, Monaco 98000 |
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Operational Address |
: |
Le Copori 3Eme Etage Cote Nord 9 Ave Albert II, Monaco 98000 |
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Trading Name |
: |
ROMART |
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Issuing Authority |
: |
Register of Commerce & Industry - National |
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License Number |
: |
02S04021 |
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License Status |
: |
License exists - Normal. |
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Legal Form - Category |
: |
Private Company with Limited Liability |
|
Legal Form |
: |
Societe Anonyme Monegasque |
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Legal Form - Abbreviation |
: |
SAM |
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Operational Status of Business |
: |
Normal |
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Date of Registration |
: |
2002 |
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Employees |
: |
5 |
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Capital |
: |
n/a(1) |
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Note |
: |
(1) Not applicable. |
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Country |
: |
Monaco |
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Business Entity Name |
: |
ALPEN EDITIONS SAM |
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Primary Business Activity |
: |
Trader |
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Primary Industry |
: |
Paper, Pulp & Products |
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Office Contact Details |
||
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Operating Address |
: |
Le Copori 3Eme Etage Cote Nord 9 Ave Albert II, Monaco 98000 |
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Tel |
: |
[+377]-97776210 |
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Fax |
: |
[+377]-97776211 |
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Email |
: |
contact@alpen.mc |
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Website Details |
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Website |
: |
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Status |
: |
Normal - operational |
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Country of Registration |
: |
Monaco |
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Tax / VAT Details |
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Tax Issuing Authority |
: |
Department of Finance & Economy |
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Tax Number |
: |
FR01000060201 |
CREDIT recommendation
Current Credit
Limit: USD $20,000 based on 90 days
Credit Rating /
Limit additional comments:
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Credit opinion |
: |
Credit can proceed ONLY on strict financing terms. |
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Proposed Credit Limit |
: |
USD $20,000 based on 90 days |
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Revision of Credit Limit |
: |
Periodic /quarterly |
DIRECTORS/MANAGEMENT
Key Person
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Legal Title |
: |
President |
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Name |
: |
Mr. Monique Peridier |
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Nationality |
: |
Monegasque |
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COMPANY
MANAGEMENT |
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Management Listings |
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Management
Details - 1 |
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Management
Details - 2 |
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Management
Details - 3 |
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COMPANY
DIRECTORS |
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NEGATIVE INFORMATION
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REPUTATION |
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Reference checking for the purpose of establishing ALPEN EDITIONS
SAM's reputation within the respective industry failed to reveal any adverse
information. |
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NEGA-SCAN -
ADVERSE DATA MONITORING |
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SHARE & SHARE CAPITAL
INFORMATION
SHAREHOLDERS
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Total number of shareholders |
: |
n/a |
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Total number of shares |
: |
n/a |
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Currency |
: |
EUR - Euro |
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No. |
Shareholders |
Country |
Shares |
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Number |
Amount (EUR) |
% |
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1 |
Mr. Christophe Didierlaurent |
Monaco |
n/a |
n/a |
n/a |
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2 |
Mr. Monique Peridier |
Monaco |
n/a |
n/a |
n/a |
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Total |
n/a |
n/a |
n/a |
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PAYMENT INFORMATION
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DOMESTIC SALES
& PURCHASES |
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PAYMENT TERMS |
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Selling |
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Purchasing |
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DOMESTIC
SUPPLIERS |
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GROUP STRUCTURE & AFFILIATED
COMPANIES
N/a
FINANCIAL INFORMATION
Financials - Summary (Currency: USD - US Dollar)
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Missing Financials |
Reasons |
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2011, Annual |
No financials have been lodged since year of incorporation. |
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2012, Annual |
No financials have been lodged since year of incorporation. |
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2013, Annual |
No financials have been lodged since year of incorporation. |
FOREIGN EXCHANGE RATES
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Today's Exchange rate |
: |
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ADDITIONAL INFORMATION
Primary Products
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Products / Materials / Services Description |
Activity |
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Books |
Trading |
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Guide books |
Trading |
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Health books |
Trading |
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SIC PRODUCT
CLASSIFICATION & ACTIVITY |
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HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY |
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DETAILED PRODUCT
CLASSIFICATION & ACTIVITY |
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CORE BUSINESS
DESCRIPTION |
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Core Business |
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The primary business focus of ALPEN EDITIONS SAM is Trading - Finished
products. Guide books Health books Books |
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Supplementary Business |
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In addition to the core business, ALPEN EDITIONS SAM also is engaged
in the following areas of business: Service Specialized professional services, including: Book publishing On-line trading |
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OFFICE &
FACILITIES |
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The following information relates to the Business Entity's office as
listed above: |
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NOTES & COMMENTS
N/a
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.61.34 |
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UK Pound |
1 |
Rs.103.44 |
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Euro |
1 |
Rs.81.96 |
INFORMATION DETAILS
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Analysis Done by
: |
RAS |
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Report Prepared
by : |
SDA |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall
operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
-- |
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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.