MIRA INFORM REPORT

Report Date :

27.02.2014

IDENTIFICATION DETAILS

Name :	CASSOULET DULON FRANCOISE

Registered Office :	Grand Jean, 33760 Soulignac

Country :	France

Date of Incorporation :	December 1992

Com. Reg. No.:	RCS Bordeaux A 398 678 284

Legal Form :	Personal business- commercial

Line of Business :	Wholesale trader of beverages

No. of Employees	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

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 – december 01, 2013

Country Name

Previous Rating

(30.09.2013)

Current Rating

(01.12.2013)

France

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

france ECONOMIC OVERVIEW

The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. With at least 79 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that reduce income disparity and the impact of free markets on public health and welfare. France's real GDP contracted 2.6% in 2009, but recovered somewhat in 2010 and 2011, before stagnating in 2012. The unemployment rate increased from 7.4% in 2008 to 10.3% in 2012. Youth unemployment shot up to 24.2% during the third quarter of 2012 in metropolitan France. Lower-than-expected growth and high unemployment costs have strained France's public finances. The budget deficit rose sharply from 3.4% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4.5% of GDP in 2012, while France's public debt rose from 68% of GDP to 89% over the same period. Under President SARKOZY, Paris implemented some austerity measures to bring the budget deficit under the 3% euro-zone ceiling by 2013 and to highlight France's commitment to fiscal discipline at a time of intense financial market scrutiny of euro-zone debt. Socialist Party candidate Francois HOLLANDE won the May 2012 presidential election, after advocating pro-growth economic policies, the separation of banks' traditional deposit taking and lending activities from more speculative businesses, increasing the top corporate and personal tax rates, and hiring an additional 60,000 teachers during his five-year term. The government's attempt to introduce a 75% wealth tax on income over one million euros for two years was struck down by the French Constitutional Council in December 2012 because it applied to individuals rather than households. France ratified the EU fiscal stability treaty in October 2012 and HOLLANDE's government has maintained France's commitment to meeting the budget deficit target of 3% of GDP during 2013 even amid signs that economic growth will be lower than the government's forecast of 0.8%. Despite stagnant growth and fiscal challenges, France's borrowing costs declined during the second half of 2012 to euro-era lows.

Source : CIA

company summary


Name	CASSOULET DULON FRANCOISE	SIRET	398 678 284 00017

		EUR VAT Number	FR32398678284
Activity (APE)	Wholesale trader of beverages	Legal form	Personal business- commercial
Phone	05 56 23 69 16	RCS Registration	RCS Bordeaux A 398 678 284
Fax	05 57 34 41 29	Share capital	-
Address	MADAME FRANCOISE DULON GRAND JEAN 33760 SOULIGNAC	Incorporated Date	06/1997
Nationality	France	Status	Economically active

This company is not under monitoring

Current Directors

Company details

Activity (APE)	Wholesale trader of beverages
RCS Registration	RCS Bordeaux A 398 678 284	Share capital	-
Registration Court	Bordeaux (33)	Legal form	Personal business- commercial
Court Registry Number	97 A 01145	EUR VAT Number	FR32398678284
Incorporation Date	06/1997	Formation Date	12/1992
Deregistration Date		Last account Date	N/A
Nationality	France

Establishment details

Activity (APE)	Wholesale trader of beverages	Business Pages FT®	PRODUCTEURS RECOLTANTS, VENTE DIRECTE DE VINS
Postal Address	MADAME FRANCOISE DULON GRAND JEAN 33760 SOULIGNAC	Trading Address	GRAND JEAN 33760 SOULIGNAC
Telephone	05 56 23 69 16
Fax	05 57 34 41 29

Type	Head office (one site company)	Status	Economically active
Formation Date	12/1992	Reason for formation	Formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature	-	Activity Location	Other
Location surface		Seasonality

Department	Gironde (33)	Region	Aquitaine
District	3	Area	48
City	SOULIGNAC	Size of urban area	Establishment in a rural municipality

Other establishments

	Branches	1 branch entities in this company


	Head office	> CASSOULET DULON FRANCOISE <<< - Commerce de gros (commerce interentreprises) de boissons (4634Z) in SOULIGNAC (33760)

	Secondary establishments

	Regionality	Legal unit with all establishments in same area

	Mono-activity status	Legal unit having all establishments with the same main activity

Workforces

	Workforce at address	0 employee	Company workforce	0 employee

Commentary

The comments are ordered according to the class of risk. Companies are compared with regard to other companies of the same type. Thus a positive comment for one category can be negative for another or can change depending on its value. This is a purely statistical decision.

Low risk workforce size

Industry code with low risk rating

The company is 20 years old

Region code with medium risk rating

judgements

Collective procedures

No judgment information for the company

Social security, pension funds preferential rights | Tax office preferential rights

Preferential rights details and history

Status of collection

This company is not under monitoring

Group data

Group Structure

No group information available for the company

Shareholders

No Shareholders available for this company

Linkages

No Linkages information available for the company

event history

Status history

No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
10/07/1997	Bodacc A	Création d'établissement

RCS Bordeaux A 398 678 284 RC 97-A 1145 CASSOULET Françoise, Marie, Christine nom d'usage: DULON ,conjoint DULON. Activité : négoce et exportation de vin. Adresse : 33760 Soulignac CREATION D' ETABLISSEMENT Date de début d'activité: 13 juin 1997.

Company events history

Date	Description
06/12/2013	Update Rating

Establishment events history

Date	Description
08/10/2013	Update Rating
24/07/2013	Update Rating
06/05/2013	Update Rating
07/12/2012	Update Rating
23/09/2012	Update Rating
10/07/2012	Update Rating
18/05/2012	Update of phone numbers
30/12/2009	Update Rating
05/06/2009	Update Rating
27/09/2008	Update Rating

directors

Name	DULON FRANCOISE
Manager position	Personal business manager	Date of birth	10/03/1959
Place of birth	BORDEAUX
Type	Individual	Name at birth	CASSOULET

Previous Directors

No data about previous directors is available for this company

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.61.94
UK Pound	1	Rs.103.31
Euro	1	Rs.85.11

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%)

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