MIRA INFORM REPORT

Report Date :

06.01.2014

IDENTIFICATION DETAILS

Name :	POUR LE MEILLEUR
Registered Office :	Pour Le Meilleur 22 Rue Pertinax 06000 Nice
Country :	France
Financials (as on) :	31.12.2012
Date of Incorporation :	01.06.2010
Legal Form :	Limited Liability Company
Line of Business :	Import export, trading various products and services related to marriage, bazaar, general food, bread, selling and renting video and audio, various articles, selling drinks to go, sell non-regulated articles, and on-site itinerant, everywhere, living, fairs, markets related activities
No. of Employees :	Not Available

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 :	Slow but correct
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.

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 4.8% of GDP in 2012, while France's public debt rose from 68% of GDP to 90% 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

REGISTERED NAME & COMPANY SUMMARY

Name

POUR LE MEILLEUR

SIRET

522 975 457 00022

Personal comment

Company Summary

EUR VAT Number	FR77522975457
Activity (APE)	other intermediaries in the sale of various products	Legal form	Limited Liability Company
Phone	04 83 50 96 55	RCS Registration	RCS Nice 1 522 975 457
Fax
Address	POUR LE MEILLEUR 22 RUE PERTINAX 06000 NICE	Incorporated Date	06/2010
Nationality	France	Status	Economically active

DIRECTORS/MANAGEMENT

Directors

Name	M. HADIRI FARID
Manager position	Manager	Date of birth	07/09/1980
Place of birth	NICE
Type	Individual	Name at birth

Name	Mme. HADIRI SONIA
Manager position	Manager	Date of birth	13/10/1981
Place of birth	NICE
Type	Individual	Name at birth	EL ATI

Previous Directors

No data about previous directors is available for this company

NEGATIVE INFORMATION

judgements

Collective procedures

No judgment information for the company

SHARE & SHARE CAPITAL INFORMATION

Share capital

1,000 Euros

Shareholders

No Shareholders available for this company

PAYMENT INFORMATION

N/a

GROUP STRUCTURE & AFFILIATED COMPANIES

Group Structure

No group information available for the company

Linkages

No Linkages information available for the company

FINANCIAL INFORMATION

Turnover	199,584 €	96,212 €
Gross Operating Surplus	15,83 % Turnover	2,25 % Turnover
Shareholders’ equity	33,207 €	2,813 €
Net result	30,394 €	1,813 €

accounts

Active Account |  Passive Account |  Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2012	31/12/2011
Account period (month)	12	12
Account Type	Simple	Simple
Date of capture	18/10/2013	-
Activity Code	4619B	4619B
Employees	0	1	-

Active account

Annual Accounts	31/12/2012		31/12/2011	Sector Median 2012
Capital not called	-	-	-	0	-
Total fixed assets	5 184	0%	0	4 018	29,0%
- Intangible assets	0	0%	0	0	0%
- Tangible assets	5 184	0%	0	1 051	393,2%
- Financial assets	0	0%	0	0	0%
Net current assets	54 241	133,4%	23 243	61 051	-11,2%
- Stocks	26 744	576,0%	3 956	0	0%
- Advanced payments	1 035	133,4%	435	0	0%
- Receivables	903	2,4%	882	21 265	-95,8%
- Securities and cash	24 900	47,3%	16 905	17 534	42,0%
- Prepaid expenses	659	-38,1%	1 065	0	0%
Accounts of regularization	-	-	-	0	-
Total Assets	59 425	155,7%	23 243	84 467	-29,6%

Passive Account

Annual Accounts	31/12/2012		31/12/2011	Sector Median 2012
Shareholders' equity	33 207	1080,5%	2 813	29 074	14,2%
Share capital	1 000	0%	1 000	7 622	-86,9%
Other capital resources	-	-	-	0	-
Risk Provisions	0	0%	0	0	0%
Liabilities	26 218	28,3%	20 430	42 365	-38,1%
- Financial liabilities	0	0%	0	2 226	0%
- Advanced payments received	0	0%	0	0	0%
- Trade account payables	14 620	-2,3%	14 957	4 887	199,2%
- Tax and social liabilities	-	-	-	14 948	-
- Other debts and fixed assets liabilities	11 598	111,9%	5 473	3 008	285,6%
Account regularization	-	-	-	0	-
Total liabilities	59 425	155,7%	23 243	84 466	-29,6%

Results

Annual Accounts	31/12/2012		31/12/2011	Sector Median 2012
Sales of Goods	199 608	107,5%	96 216	114 372	74,5%
Net turnover	199 584	107,4%	96 212	111 915	78,3%
- of which net export turnover	0	0%	0	0	0%
Operating charges	168 259	78,9%	94 049	98 479	70,9%
Operating profit/loss	31 349	1346,7%	2 167	6 364	392,6%
Financial income	0	0%	0	0	0%
Financial charges	0	0%	0	19	0%
Financial profit/loss	0	0%	0	0	0%
Pretax net operating income	31 349	1346,7%	2 167	6 515	381,2%
Extraordinary income	4 508	0%	0	0	0%
Extraordinary charges	85	150,0%	34	0	0%
Extraordinary profit/loss	4 423	13108,8%	-34	0	0%
Net result	30 394	1576,4%	1 813	5 724	431,0%

Display parameter
Currency	Euro	Kilo Euro

Simple Account	31/12/2012	31/12/2011
Months	12	12

Accounts - Active
Current Assets

Grand Total - Active account (I + II)

		31/12/2012		31/12/2011
Grand Total (I + II)	Net	59 424	155,7%	23 243
Gross	110	59 675	156,7%	23 243
Amortisation	112	251	0%	0

Active fixed asset (I)

		31/12/2012		31/12/2011
Total Active fixed asset (I)	Net	5 184	0%	0
Gross	044	5 435	0%	0
Amortisation	048	251	0%	0
Intangible assets: Goodwill	Net	0	0%	0
Gross	10	0	0%	0
Amortisation	12	0	0%	0
Other intangible fixed assets	Net	0	0%	0
Gross	14	0	0%	0
Amortisation	16	0	0%	0
Tangible Assets	Net	5 184	0%	0
Gross	28	5 435	0%	0
Amortisation	30	251	0%	0
Immobilization Financial	Net	0	0%	0
Gross	40	0	0%	0
Accumulated depreciation	42	0	0%	0

Assets (II)

		31/12/2012		31/12/2011
Total assets (II)	Net	54 241	133,4%	23 243
Gross	96	54 241	133,4%	23 243
Amortisation	98	0	0%	0
Raw materials stock, supply, in production	Net	0	0%	0
Gross	50	0	0%	0
Amortisation	52	0	0%	0
Goods for resale	Net	26 744	576,0%	3 956
Gross	60	26 744	576,0%	3 956
Amortisation	62	0	0%	0
Advance payments to suppliers	Net	1 035	137,9%	435
Gross	64	1 035	137,9%	435
Amortisation	66	0	0%	0
Trade accounts receivable debtor	Net	343	-21,1%	435
Gross	68	343	-21,1%	435
Amortisation	70	0	0%	0
Other debtors	Net	560	25,3%	447
Gross	72	560	25,3%	447
Amortisation	74	0	0%	0
Investment securities	Net	0	0%	0
Gross	80	0	0%	0
Amortisation	82	0	0%	0
Cash and cash equivalents	Net	24 900	47,3%	16 905
Gross	84	24 900	47,3%	16 905
Amortisation	86	0	0%	0
Cash	88 Net	0	0%	0
Prepaid expenses	Net	659	-38,1%	1 065
Gross	92	659	-38,1%	1 065
Amortisation	94	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Accounts - Passive

Grand Total - Passive Accounts (I + II + III)

		31/12/2012		31/12/2011
Grand Total (I+II+III)	180	59 424	155,7%	23 243

Shareholder Equity (I)

		31/12/2012		31/12/2011
Total Shareholder Equity	142	33 207	1080,5%	2 813
Equity and shareholders' equity	120	1 000	0%	1 000
Revaluation differentials	124	0	0%	0
Legal reserve	126	100	0%	0
Special regulated reserves	130	0	0%	0
Other reserves	132	1 713	0%	0
Profits or losses brought forward	134	0	0%	0
Profit or loss for the period	136	30 394	1576,4%	1 813
Special tax-allowable reserves	140	0	0%	0

Provisions for risks and charges (II)

		31/12/2012	31/12/2011
Provisions for risks and charges (II)	154	0	0

Liabilities (III)

		31/12/2012		31/12/2011
Total Liabilities (III)	176	26 218	28,3%	20 430
Loans & debts assimilated	156	0	0%	0
Advance payments received for current orders	164	0	0%	0
Trade accounts payables	166	14 620	-2,3%	14 957
Other debts	172	11 598	111,9%	5 473
Other creditors whose accounts of associates of the exercise N	169	0	0%	0
Deferred income	174	0	0%	0

References

		31/12/2012		31/12/2011
Including Financial assets of -1 year	193	0	0%	0
Including debts after one year	197	0	0%	0
Including current accounts receivable associated	199	0	0%	0
Including debts + 1 year	195	0	0%	0
Cost of return of capital assets acquired or created during the year	182	5 435	0%	0
Selling price excluding VAT capital surrendered during the year	184	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Simplified Income statement
Taxable income

A - Account result
1 - Operating result (I-II)

		31/12/2012		31/12/2011
Operating result	270	31 349	1346,7%	2 167

2 - Profit or loss (I + II + IV) - Charges (II + V + VI + VII)

		31/12/2012		31/12/2011
Profit or loss	310	30 394	1576,4%	1 813

Operating income (I)

		31/12/2012		31/12/2011
Total operating income without VAT (Total I)	232	199 608	107,5%	96 216
Sale of goods for resale	210	199 584	107,4%	96 212
Export	209	0	0%	0
Sale of goods produced	214	0	0%	0
Export	215	0	0%	0
Sale of services	218	0	0%	0
Export	217	0	0%	0
Stocked production	222	0	0%	0
Self-constructed assets	224	0	0%	0
Operating grants	226	0	0%	0
Other income	230	24	700%	03

Operating charges (II)

		31/12/2012		31/12/2011
Total operating charges (Total II)	264	168 259	78,9%	94 049
Purchase of goods for resale (including customs duties)	234	128 620	154,1%	50 619
Change in stocks of goods for resale	236	-22 788	-476,0%	-3 956
Purchase of raw materials (including customs duties)	238	402	0%	0
Change in stocks of raw materials	240	0	0%	0
Other external purchases and charges	242	40 558	20,0%	33 809
Includes lease - furniture	242_2	0	0%	0
Includes lease - real estate	242_1	0	0%	0
Tax, duty and similar payments	244	7 368	510,4%	1 207
Including business tax	243	758	4,0%	729
Payroll	250	11 447	10,6%	10 346
Social security costs	252	2 388	18,1%	2 022
Depreciation	254	251	0%	0
Provisions	256	0	0%	0
Other charges	262	13	550,0%	02
Including provisions for tax settlements abroad	259	0	0%	0

Products and various charges (III to VII)

		31/12/2012		31/12/2011
Financial Products (Total III)	280	0	0%	0
Extraordinary income (Total IV)	290	4 508	0%	0
Financial charges (Total V)	294	0	0%	0
Extraordinary charges (Total VI)	300	85	150,0%	34
Income taxes (Total VII)	306	5 379	1580,9%	320

B - Taxable income

		31/12/2012		31/12/2011
Compensation and benefits non-deductible personal	316	0	0%	0
Amount VAT collected	374	37 964	70,2%	22 304
Deductible VAT on goods and services	378	23 282	60,0%	14 553
Average number of employees	376	0	0%	01

Display parameter
Currency	Euro	Kilo Euro

Other incomes tax return forms
Capital gains, losses | Summary of Provisions - Depreciation Derogatory

Assets

		31/12/2012		31/12/2011
Gross asset value at beginning of year	490	0	0%	0
Increases	492	5 435	0%	0
Decreases	494	0	0%	0

Intangible fixed assets

		31/12/2012		31/12/2011
Goodwill (Increases)	402	0	0%	0
Goodwill (Decreases)	404	0	0%	0
Others (Increases)	412	0	0%	0
Others (Decreases)	414	0	0%	0

Tangible fixed assets (Increases)

		31/12/2012		31/12/2011
Lands	422	0	0%	0
Buildings	432	0	0%	0
Plant machinery and equipment industry	442	0	0%	0
General installations various fixtures	452	0	0%	0
Transportation Equipment	462	5 435	0%	0
Other fixed assets	472	0	0%	0

Financial assets

		31/12/2012		31/12/2011
Increases	482	0	0%	0
Decreases	484	0	0%	0

Capital gains, losses

		31/12/2012		31/12/2011
Total Residual Value	582	0	0%	0
Total Transfer pricing	584	0	0%	0
Total Plus or losses in the short term	596	0	0%	0
Total Plus or losses in the long term	598	0	0%	0

Summary of Provisions - Depreciation Derogatory

			31/12/2012		31/12/2011
	Total Provisions (increases)	682	0	0%	0
	Provisions regulated - Depreciation Derogatory	602	0	0%	0
	Provisions regulated - Including exceptional increases of 30%	603	0	0%	0
	Other Provisions regulated	612	0	0%	0
	Provisions for risks and charges	622	0	0%	0
	Provisions for losses - On Capital	632	0	0%	0
	Provisions for losses - and current stocks	642	0	0%	0
	Provisions for losses - clients and accounts payable	652	0	0%	0
	Other Provisions for losses	662	0	0%	0
	Total Provisions (decreases)	684	0	0%	0
	Provisions regulated - Depreciation Derogatory	604	0	0%	0
	Provisions regulated - Including exceptional increases of 30%	605	0	0%	0
	Other Provisions regulated	614
	Provisions for risks and charges	624	0	0%	0
	Provisions for losses - On Capital	634	0	0%	0
	Provisions for losses - and current stocks	644	0	0%	0
	Provisions for losses - clients and accounts payable	654	0	0%	0
	Other Provisions for losses	664	0	0%	0

Display parameter
Comparison mode	Average	Median

Ratios
Structure and liquidity | Management or rotation | Profitability of the business | Return on capital

Structure and Liquidity

	31/12/2012		31/12/2011	Sector Median 2012
Fixed Asset Financing	6,16	-		2,90	112,4%
Global Debt	47 days	-38,2%	76 days	117 days	-59,8%
Working Capital Fund overall net	51 days	363,6%	11 days	78 days	-34,6%
Financial independence	%	-	%	360,26%	-
More ratios
Solvability	55,88%	361,8%	12,10%	40,10%	39,4%
Capacity debt futures	%	-	%	1387,60%	-
Coverage of current assets by net working capital overall	52,30%	312,5%	12,68%	46%	13,7%
General Liquidity	0,07	16,7%	0,06	0,65	-89,2%
Restricted Liquidity	1,02	14,6%	0,89	1,38	-26,1%

Management or rotation

	31/12/2012		31/12/2011	Sector Median 2012
Need background in operating working capital	4 days	107,0%	-57 days	2 days	100%
Treasury	0 days	0%	0 days	5 days	0%
Inventory turnover of goods	91 days	193,5%	31 days	15 days	506,7%
Average length of credit granted to customers	1 days	0%	1 days	48 days	-97,9%
Average length of credit obtained suppliers	31 days	-45,6%	57 days	37 days	-16,2%
More ratios
Inventory turnover of raw materials in industrial enterprises	0 days	-	days	0 days	0%
Inventory turnover of intermediate and finished products in the industrial enterprise	days	-	days	1360 days	-
Rotation tangible assets	3672,20%	-	%	1922,39%	91,0%

Profitability of the business

	31/12/2012		31/12/2011	Sector Median 2012
Margin trading	46,97%	-8,8%	51,50%	0%	0%
Profitability of the business	15,83	603,6%	2,25	6,33%	150,1%
Net profit	15,23%	710,1%	1,88%	4,38%	247,7%
More ratios
Growth rate of turnover (excluding VAT)	%	-	%	0%	-
Rates integration	26,45%	61,7%	16,36%	36,94%	-28,4%
Rate leasing furniture	0%	0%	0%	0%	0%
Work Factor	26,21%	-66,6%	78,58%	59,45%	-55,9%
Weight interests	0	0%	0%	0,02%	0%

Return on capital

	31/12/2012		31/12/2011	Sector Median 2012
Cash flow from the overall profitability	15,35%	716,5%	1,88%	5,77%	166,0%
Rates of economic profitability	95,13%	23,6%	76,96%	22%	332,4%
Financial profitability	91,53%	42,0%	64,45%	2193%	-95,8%
Return on investment	91,53%	42,0%	64,45%	17,16%	433,4%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Sales Agents Management

	31/12/2012		31/12/2011	Sector Median 2012
Turnover	199 584	107,4%	96 212	111 915 €	78,3%

Sales of goods	199 584	107,4%	96 212
- Purchase of goods	128 620	154,1%	50 619
+/- Stock of goods variation	-22 788	-476,0%	-3 956
Trading margin	93 752 €	89,2%	49 549 €	0 €	0%
	46,97 % CA	-8,8%	51,50 % CA	1,10 % CA	4170,0%

Sale of goods produced	0	0%	0
+/- Stocked production	0	0%	0
+ Self-constructed assets	0	0%	0
Period production	0 €	0%	0 €	54 561 €	0%
	% CA	-	% CA	100 % CA	-

Trading margin	93 752	89,2%	49 549	0	0%
+ Period Production	0	0%	0	54 561	0%
- Purchase of raw materials	402	0%	0
+/- Change in stocks of raw materiels	0	0%	0
- Other external purchases and charges	40 558	20,0%	33 809
Added value	52 792 €	235,4%	15 740 €	43 424 €	21,6%
	26,45 % CA	61,7%	16,36 % CA	36,94 % CA	-28,4%

Added value	52 792 €	235,4%	15 740 €	43 424 €	21,6%
+ Operating grants	0	0%	0
- Tax, duty and similar payments	7 368	510,4%	1 207
- Personal charges	13 835	11,9%	12 368
Gross operating surplus	31 589 €	1359,1%	2 165 €	8 069 €	291,5%
	15,83 % CA	603,6%	2,25 % CA	6,33 % CA	150,1%

Gross operating surplus	31 589 €	1359,1%	2 165 €	8 069 €	291,5%
+ Release of reserves and provisions	-	-	-
+ Other operating income	24	700%	03
- Depreciation/Amortisation	251	0%	0
- Other charges	13	550,0%	02
Operating result	31 349 €	1347,3%	2 166 €	6 383 €	391,1%
	15,71 % CA	598,2%	2,25 % CA	5,13 % CA	206,2%

Operating result	31 349 €	1347,3%	2 166 €	6 383 €	391,1%
+/- Result of joint-venture transferred from/to other partners	-	-	-
+ Financial income	0	0%	0
- Financial charges	0	0%	0
Pre-tax result	31 349 €	1347,3%	2 166 €	6 515 €	381,2%
	15,71 % CA	598,2%	2,25 % CA	4,93 % CA	218,7%

Extraordinary income	4 508	0%	0	0	0%
- Extraordinary charges	85	150,0%	34
Extraordinary result	4 423 €	13108,8%	-34 €	0 €	0%
	2,22 % CA	5650,0%	-0,04 % CA	0 % CA	0%

Pre-tax result	31 349 €	1347,3%	2 166 €	6 515 €	381,2%
Extraordinary result	4 423 €	13108,8%	-34 €	0 €	0%
- Employee profit sharing	-	-	-
- Tax on profits	5 379	1580,9%	320
Net result	30 393 €	1577,3%	1 812 €	5 723 €	431,1%
	15,23 % CA	710,1%	1,88 % CA	4,38 % CA	247,7%

FOREIGN EXCHANGE RATES

N/a

ADDITIONAL INFORMATION

Company details

Activity (APE)	Other intermediaries in the sale of various products (4619B)
RCS Registration	RCS Nice 1 522 975 457	Share capital	1,000 Euros
Registration Court	Nice (06)	Legal form	Limited Liability Company
Court Registry Number	20 1 0B01289	EUR VAT Number	FR77522975457
Incorporation Date	06/2010	Formation Date	06/2010
Deregistration Date		Last account Date	31/12/2012
Nationality	France

Establishment details

Activity (APE)	other intermediaries in the sale of various products (	Business Pages FT®
Postal Address	POUR LE MEILLEUR 22 RUE PERTINAX 06000 NICE	Trading Address	22 RUE PERTINAX 06000 NICE
Telephone	04 83 50 96 55
Fax

Type	Head office	Status	Economically active
Formation Date	06/2010	Reason for formation	Formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature	-	Activity Location	N/R
Location surface		Seasonality

Department		Region	Côte d'Azur
District		Area
City	NICE	Size of urban area

Other establishments

Branches	1 branch entities in this company
Head office	> POUR LE MEILLEUR <<<  - Other intermediaries in the sale of various products (4619B) in NICE (06000)
Secondary establishments	>  FOR THE BEST Other intermediaries in the sale of various products (4619B) in NICE (06000) >  FOR THE BEST - Other intermediaries in the sale of various products (4619B) in NICE (06000)

Regionality

Mono-activity status

Workforces

Workforce at address

0 employee

Company workforce

0 employee

Status history

No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
09/11/2013	Bodacc C	Annual accounts and reports
06 - ALPES-MARITIMES REGISTRY OF THE COURT OF TRADE NICE 600-522975457 RCS. FOR BEST. Form: Limited Liability Company. Address: 22 rue Pertinax 6000 Nice. Comments: Annual accounts and reports for the year ended : 31/12/2012.
07/09/2012	Bodacc C	Annual accounts and reports
06 - ALPES-MARITIMES REGISTRY OF THE COURT OF TRADE NICE 999-522975457 RCS. FOR BEST. Form: Limited Liability Company. Address: 22 rue Pertinax 6000 Nice. Comments: Annual accounts and reports for the year ended : 31/12/2011.
17/10/2010	Bodacc B	Modification et mutation diverse
06 - ALPES-MARITIMES REGISTRY OF THE COURT OF TRADE NICE 999-522975457 RCS. FOR BEST. Form: Limited Liability Company. Address: 22 rue Pertinax 6000 Nice. Comments: Annual accounts and reports for the year ended
08/10/2010	JAL	Head Office Transfer
L'AVENIR COTE D'AZUR Decision Date: 24/09/2010 Transfer of the registered office of the company 522975457 - FOR THE BEST Address of the seat: 22 RUE PERTINAX, 06000 NICE Former location: 175 BD OF ARIANE WAY ANGLE OF THE TOUR, 06300 NICE
17/06/2010	Bodacc A	Création d'établissement
06 - ALPES-MARITIMES REGISTRY OF THE COURT OF TRADE NICE 64 - 522 975 457 RCS Nice. FOR BEST. Form: Limited Liability Company. Administration: Manager: Farid Hadiri Manager: EL ATI Sonia. Capital: 1000 EUR. Address: 175 boulevard de l'Ariane, Angle Chemin de la Tour, 6300 Nice. Origin of funding: Creating a business. Institution: Institution principal. Activity: import export, trading various products and services related to marriage, bazaar, general food, bread, selling and renting video and audio, various articles, selling drinks to go, sell non-regulated articles, and on-site itinerant, everywhere, living, fairs, markets related activities. Address:. Start date of activity: 01/06/2010. Description:. Comments: Registration of a legal person (B, C, D) result in the creation of a principal place of business.

Company events history

Date	Description
09/11/2013	Bodacc C : Deposit accounts notice
22/10/2013	Update Limit
22/10/2013	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
19/10/2013	Update Limit
19/10/2013	Update Rating
31/12/2012	New accounts available
14/09/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
07/09/2012	Bodacc C : Deposit accounts notice
31/12/2011	New accounts available
17/10/2010	Bodacc B: Various editing or changing
08/10/2010	Legal Gazette: Head Office Transfer
07/10/2010	Updated articles of association
07/10/2010	Registered office transferred inside jurisdiction of the Commercial Court
07/10/2010	Minutes of general meeting of shareholders
17/06/2010	Bodacc A : Establishment creation
08/06/2010	Articles of association
08/06/2010	Minutes of general meeting of shareholders
08/06/2010	Appointment/resignation of company officers
01/06/2010	Transfer of Establishment
01/06/2010	Other modification of Establishment
01/06/2010	Formation of Company
01/06/2010	Update of Company Head Office Identifier

Establishment events history

Date	Description
22/10/2013	Update Rating
22/10/2013	Update Limit
02/10/2013	Update Rating
02/10/2013	Update Limit
13/02/2013	Update Rating
13/01/2013	Update of phone numbers
24/10/2012	Update of phone numbers
14/09/2012	Update Rating
14/09/2012	Update Limit
09/12/2011	Update Rating
09/12/2011	Update Limit
21/07/2011	Update Limit
21/07/2011	Update Rating
01/06/2010	Modification of Establishment
01/06/2010	Modification of Head office (after transfer)
01/06/2010	Formation of Establishment

NOTES & COMMENTS

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.

	The deviation in the equity percentage over the last two accounting periods is 461.72 %
	The deviation in the return on capital employed over the last two accounting periods is 142.07 %
	The growth in pre-tax profit over the last two accounting periods is 1677.12 %
	The growth in the pre-tax profit margin over the last two accounting periods is 808.48 %
	The deviation in the current ratio over the last two accounting periods is 181.85 %
	The financial liabilities are 0 €
	The pre-tax profit is 35,773 €
	The receivables value is 903 €
	Low risk workforce size
	Industry code with low risk rating
	Region code with medium risk rating
	The trade payables value is 14,620 €
	The net current assets are 54,241 €
	The net turnover is 199,584 €
	The ratio total assets to total liabilities is 2,27
	The sales to current assets ratio is 3,68
	The deviation in the gearing percentage over the last two accounting periods is 0 %
	The company is less than 4 years old
	The stocks value is 26,744 €
	The tangible fixed assets are 5,184 €

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.62.41
UK Pound	1	Rs.102.54
Euro	1	Rs.85.20

INFORMATION DETAILS

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%)

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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.