MIRA INFORM REPORT

 

 

Report Date :

18.08.2014

 

IDENTIFICATION DETAILS

 

Name :

ALIMENTATION GENERALE SARL

 

 

Registered Office :

BP 9 N'Djamena

 

 

Country :

Chad

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Subject is engaged in the wholesale of food, beverages and tobacco

 

 

No. of Employees

10-19

 

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

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

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

Chad

C2

C1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

CHAD ECONOMIC OVERVIEW

 

Oil and agriculture drive Chad’s economy. At least 80% of Chad's population relies for its livelihood on subsistence farming and livestock raising and oil provides the bulk of export revenues. Cotton, cattle, and gum arabic provide the bulk of Chad's non-oil export earnings. Remittances have also been an important source of income and Chad relies on foreign assistance and foreign capital for most public and private sector investment. Oil production came on stream in late 2003 and Chad began to export oil in 2004. Economic growth has been positive in recent years due to high oil prices and strong local harvests, but Chad’s fiscal situation is repeatedly exposed to declining oil prices and drought . Recently, the economy has been strained by the costs of repatriating Chadians fleeing the violence in South Sudan and the Central African Republic. Chad's investment climate remains challenging due to limited infrastructure, a lack of trained workers, extensive government bureaucracy, and corruption

 

Source : CIA

 

 

 


Company name

 

ALIMENTATION GENERALE SARL

 

 

ADDRESSES

 

Main Address:                             BP 9

Zip code/City:                              N'Djamena, Chad

Telephone:                                  +235 22 52 38 36

Fax:                                           +235 22 52 38 36

 

Postal Address:                           BP 9

Zip code/City:                              N’Djamena, Chad

 

E-mail:                                        alimentationgenerale@yahoo.fr

WIN Worldbox No.:                      TD0000019754

 

 

Profile

 

Line of Business:                         Consumer goods wholesale

Industry Division:                         Wholesale trade

Industry-code (NACE):                 4639 Non-specialised wholesale of food, beverages and tobacco

Banks:                                        Unknown.

Employees:                                 10-19

 

CNPJ:                                         -

 

 

DIRECTORS/MANAGEMENT

 

Board of Directors:

Member of the management         Kolbassia  Fidiguissou

 

NEGATIVE INFORMATION

 

Public information:

-

 

SHARE & SHARE CAPITAL INFORMATION

 

Legal form:                                  Limited Liability Company

Balance sheet filing date:             -

Tax Contributor Number (CNPJ):   -

Legal status:                               active

Responsible Register:                  Registre de Commerce et de Crédit Mobilier N'Djamena

 

Entry          Deleted      Name

active                           Alimentation Generale SARL

 

Entry          Deleted      Legal domicile

active                           N'Djamena, Chad

 

 

PAYMENT INFORMATION

 

Import and Export:

Import

 

 

Payment history:

No payment history is available.

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Owners/-s:

The name of the shareholders and the exact percentage were not disclosed.

 

 

FINANCIAL INFORMATION

 

Financial information:

Private companies in Chad are not required to disclose financial statements.

 

 

FOREIGN EXCHANGE RATES

 

Exchange rate:

US$ 1,00  =  XAF 489.565            -  Official rate


 

ADDITIONAL INFORMATION

 

Main Activities:

The company is engaged in the wholesale of food, beverages and tobacco.

 

Operations & branches:

At the address BP 9 N'Djamena, Chad, we find the company's head office.

 

Staff:

10-19

 

Company's Background:

We have been unable to obtain when the company started trading as well as the full register details.

 

NOTES & COMMENTS

 

Regarding the address given in the order the correct address is provided in this report. As far as we could gather the company is situated near Avenue Charles de Gaulle in the Klemaat neighborhood.

 

We were not able to reach the person in charge that can provide us information. We will send an update if we are able to contact them. As we have no way of contacting the company, the details from this report come from official sources and various databases we can consult.

Due to insufficient payment history & financial information being available and the recent Ebola outbreak and effects this has on the economy and transport lines as well as due to the lack of details, we recommend you to deal on fully secured, pre-payment terms only.

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.06

UK Pound

1

Rs.101.84

Euro

1

Rs.81.56

 

INFORMATION DETAILS

 

Analysis Done by :

SUM

 

 

Report Prepared by :

NIS

 

               

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.