MIRA INFORM REPORT

 

 

Report Date :

29.11.2014

 

IDENTIFICATION DETAILS

 

Name :

AUSTRAL FOOD INTERNATIONAL SARL

 

 

Registered Office :

10 Rue de la Fraternite, ZAC Triangle, Zip code    97490 Saint-Clotilde, Saint Denis

 

 

Country :

Reunion Islands

 

 

Date of Incorporation :

23.10.2000

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesaler of food, beverages and tobacco

 

 

No of Employees :

Not Available 

 

[We tried to confirm the number of employees but no one is ready to part any information from the company management.]

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

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 – June 1, 2014

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

Reunion Islands

B1

B2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

 

REGISTERED NAME & COMPANY SUMMARY

 

 

Austral Food International SARL

 

ADDRESSES:

Main Address:                             10 Rue de la Fraternite, ZAC Triangle

Zip code/City:                              97490 Saint-Clotilde, Saint Denis, Reunion Islands

Telephone:                                 

Fax:                                           +33 2 62 73 07 95

 

VAT-No.:                                    433187234

 

 

Profile

Established:                                2000

Line of Business:                         Consumer goods wholesale

Industry Division:                         Wholesale trade

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

                                                  4690 Non-specialised wholesale trade

Banks:                                       unknown

Employees:                                unknown

 

 

DIRECTORS/MANAGEMENT

 

Board of Directors:

Manager                                        Jean-Pierre Riviere, born: 1943

 

Official Administration:

Director                                         Jean-Pierre Riviere, born: 1943

 

 

NEGATIVE INFORMATION

 

Public information:

No legal information is available.

 

 

SHARE & SHARE CAPITAL INFORMATION

 

State Register:                            B 433 187 234

Legal form:                                  Limited Liability Company

Incorporation date:                       23.10.2000

Balance sheet filing date:             -

Tax Contributor Number (CNPJ):   -

Legal status:                               active

Responsible Register:                  Registre de Commerce de Reunion - St-Denis

 

Entry            Deleted   Name

active                           Austral Food International SARL

 

Entry            Deleted   Address

active                           10 Rue de la Fraternite, ZAC Triangle, 97490 Saint-Clotilde, Saint Denis, Reunion/RE

 

Entry            Deleted   Capital

active                           Share Capital EUR 200,000, paidup EUR 200,000

 

 

Sanctions List

The company is not listed on the World Compliance Database.

 

 

PAYMENT INFORMATION

 

Payment history:

No payment history is available.

 

Owners/-s:

Class:                                        50-100%

Type:                                          direct

Name:                                        Jean-Pierre Riviere

City/Country:                               Reunion/RE

 

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

 

Related Companies:

SCI EUCALYPTUS, Reunion Islands

GELAUSTRAL, Reunion Islands

And other two companies at Reunion Islands which names were not disclosed.

 

 

FINANCIAL INFORMATION

 

Financial information:

Private companies in Reunion Islands are not required to disclose financial statements. These have been requested from the company but they have not been made available as the subject regards this information as strictly confidential.

 

 

FOREIGN EXCHANGE RATES

 

Exchange rate:

US$ 1,00  =  EUR 0.80113            

 

 

ADDITIONAL INFORMATION

 

Main Activities:

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

 

Operations & branches:

At the address, 10 Rue de la Fraternite, ZAC Triangle, 97490 Saint-Clotilde, Saint Denis, Reunion Islands, we find the company's head office.

 

 

NOTES & COMMENTS

 

We have contacted an employee who was not authorized to disclose any kind of information on grounds of confidentiality.

 

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.

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.61.97

UK Pound

1

Rs.97.37

Euro

1

Rs.77.16

 

INFORMATION DETAILS

 

Analysis Done by :

SUB

 

 

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%)

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.