MIRA INFORM REPORT

Report Date :

18.10.2014

IDENTIFICATION DETAILS

Name :	ABRAHAM SAS
Registered Office :	8-10 Rue Armand Barbes, Point-a-Pitre, Guadeloupe 97110
Country :	Guadeloupe
Date of Incorporation :	01.01.1981
Legal Form :	Société par actions simplifiée
Line of Business :	Importer of Textiles & Raw Material
No. of Employees :	8

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 :	No complaints
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)
Guadeloupe	A1	A1

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

REGISTERED NAME & COMPANY SUMMARY

Organization Name	:	ABRAHAM SAS
Address	:	8-10 Rue Armand Barbes, Point-a-Pitre, Guadeloupe 97110
Country	:	Guadeloupe
Phone (S)	:	[+590] 590-821067
Facsimile	:	[+590] 690-893823
Email	:	tatiegpe0591@orange.fr
Primary Business Activity	:	Importer
Key Industry	:	Textiles & Raw Material

Registered Legal Address	:	8-10 Rue Armand Barbes, Point-a-Pitre, Guadeloupe 97110
Operational Address	:	8-10 Rue Armand Barbes, Point-a-Pitre, Guadeloupe 97110
Trading Name	:	ABRAHAM SA MERCERIE CHEZ TATIE
Issuing Authority	:	Registre du Commerce et des Societes - Point-a-Pitre
License Number	:	B320637358
License Status	:	License exists - Normal.
Legal Form - Category	:	Joint Stock Company
Legal Form	:	Société par actions simplifiée
Legal Form - Abbreviation	:	SAS
Operational Status of Business	:	Normal
Date of Registration	:	1 Jan, 1981
Employees	:	8
Capital	:	US$ 506,329

DIRECTORS/MANAGEMENT

Key Person

Legal Title	:	Managing Director
Name	:	Ms. Ghislaine Abraham
Nationality	:	French

COMPANY MANAGEMENT

Management Listings

	Name	Nationality	Job Description	Dept. / Division
1	Ms. Ghislaine Abraham	French	General Manager	-

Management Details - 1

Personal Unique Identifier	:	MI03781998
Name	:	Ms. Ghislaine Abraham

COMPANY DIRECTORS

1
Personal Unique Identifier	:	MI03781998
Name	:	Ms. Ghislaine Abraham

Based on corporate statutory laws / regulations in Guadeloupe, there is no requirement for public disclosure of Directors. In this case, the Directors information was supplied by the Subject Business Entity.
However in the absence of data normally obtained from local Statutory Authorities, it is not possible to verify the accuracy of data supplied and hence is provided as reference ONLY.

NEGATIVE INFORMATION

REPUTATION

Reference checking for the purpose of establishing ABRAHAM SAS's reputation within the respective industry failed to reveal any adverse information.

NEGA-SCAN - ADVERSE DATA MONITORING

DISHONORED CHECKS

No Record Found

DEBT	No Record Found

CIVIL LITIGATION

No Record Found

PERFORMANCE DEFAULTS

No Record Found

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY

No Record Found

SHARE & SHARE CAPITAL INFORMATION

CAPITAL (Currency: EUR - Euro)

Authorized Capital

:

€ 400,000

SHAREHOLDERS

Not available - According to the corporate statutory laws for this type of Legal Form - Category (Joint Stock Company) in Guadeloupe, there is no public disclosure of Shareholders.

PAYMENT INFORMATION

DOMESTIC SALES & PURCHASES

Annual Sales Analysis	Percentage
Domestic Sales	100%

Annual Purchases Analysis	Percentage
Local Purchases	5%
Imports	95%

PAYMENT TERMS

Selling

Type	Terms
Local	Cash on delivery (COD) Credit - Unsecured 30~90 days

Purchasing

Type	Terms
Local	Cash on delivery (COD) Credit - Unsecured 30~90 days
Import	Letter of Credit (At-sight) Telegraphic Transfer (T/T) - Executed at time of transaction

OVERSEAS SUPPLIERS

Business Entity Name	Global Identifier	Country
SONEN IMPEX PVT LTD	P3116135	India

GROUP STRUCTURE & AFFILIATED COMPANIES

N/a

FINANCIAL INFORMATION

FINANCIAL STATEMENT – DETAILED

Based on the corporate laws of Guadeloupe, legal entities which are Joint Stock Company are not required to make public disclosure of their annual financials. Therefore no financials are available for this entity.

FOREIGN EXCHANGE RATES

N/a

ADDITIONAL INFORMATION

Country	:	Guadeloupe
Business Entity Name	:	ABRAHAM SAS
Primary Business Activity	:	Importer
Primary Industry	:	Textiles & Raw Material
Office Contact Details
Operating Address	:	8-10 Rue Armand Barbes, Point-a-Pitre, Guadeloupe 97110
Tel	:	[+590] 590-821067
Fax	:	[+590] 690-893823
Email	:	tatiegpe0591@orange.fr
Tax / VAT Details
Tax Issuing Authority	:	Direction Générale des Impôts
Tax Number	:	32063735800013

Primary Products

Products / Materials / Services Description	Activity
Fabrics	Importing, Trading
Laces	Importing, Trading
Sewing accessories	Importing, Trading
Trimmings	Importing, Trading

SIC PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description	Code	Activity
Apparel/Other Textile Products	2300	Importing, Trading
Fabricated textile products, nspf	2399	Importing, Trading

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description	Code	Activity
Sewing, darning or embroidery needles, iron or steel	7319100000	Importing, Trading
Textile products etc. for specific tech uses	5911	Importing, Trading

CORE BUSINESS DESCRIPTION

Core Business

The primary business focus of ABRAHAM SAS is Importing - Semi-finished products.

Key products include :

Fabrics

Laces

Sewing accessories

Trimmings

Supplementary Business

In addition to the core business, ABRAHAM SAS also is engaged in the following areas of business:

Trading

Trading - Semi-finished products

INTERNATIONAL TRADE - Activity & Markets

Country / Region	Estimated level of importance	Trading Activity
Asia / Pacific	Medium	Importing
Europe	Medium	Importing
India	Medium	Importing

OFFICE & FACILITIES

The following information relates to the Business Entity's office as listed above:

Name	:	ABRAHAM SAS - POINT-A-PITRE, GUADELOUPE
Primary Use	:	Office & Administration facilities
Other Use	:	This facility is also used for Warehousing
Address	:	8-10 Rue Armand Barbes, Point-a-Pitre, Guadeloupe 97110
Country	:	Guadeloupe
Status	:	Operational

NOTES & COMMENTS

N/a

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.61.62
UK Pound	1	Rs.99.12
Euro	1	Rs.78.89

INFORMATION DETAILS

Analysis Done by :	SUB
Report Prepared by :	PDT

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.