MIRA INFORM REPORT

Report No. :	315524
Report Date :	04.04.2015

IDENTIFICATION DETAILS

Name :	SNC CAD

Registered Office :	LA Mottais, 35140 Saint Aubin Du Cormier

Country :	France

Date of Incorporation :	February 1992

Com. Reg. No.:	B 338 106 586

Legal Form :	Partnership

Line of Business :	Subject is engaged in purchasing Non-food central

No. of Employee :	3 to 5

RATING & COMMENTS

MIRA’s Rating :

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 – December 31, 2014

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

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 82 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 mitigate economic inequality. France's real GDP stagnated in 2012 and 2013. The unemployment rate (including overseas territories) increased from 7.8% in 2008 to 10.2% in 2013. Youth unemployment in metropolitan France decreased from a high of 25.4% in the fourth quarter of 2012 to 22.8% in the fourth quarter of 2013. Lower-than-expected growth and high spending have strained France's public finances. The budget deficit rose sharply from 3.3% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4.1% of GDP in 2013, while France's public debt rose from 68% of GDP to nearly 94% over the same period. In accordance with its EU obligations, France is targeting a deficit of 3.6% of GDP in 2014 and 2.8% in 2015. The administration of President Francois HOLLANDE has implemented greater state support for employment, the separation of banks' traditional deposit taking and lending activities from more speculative businesses, increasing the top corporate and personal tax rates, including a temporary 75% tax on wages over one million euros, and hiring an additional 60,000 teachers during his five-year term. In January 2014 HOLLANDE proposed a “Responsibility Pact” aimed primarily at lowering labor costs in return for businesses’ commitment to create jobs. Despite stagnant growth and fiscal challenges, France's borrowing costs have declined in recent years because investors remain attracted to the liquidity of France’s bonds.

Source : CIA

Company name

Name	SIREN / SIRET
SNC CAD	338 106 586 00039

SIRET	338 106 586 00039
Name		SNC CAD
Acronym	-
Trade name	-
Type of Establishment		Single (translated to H)
Postal Address		SNC CAD
		LA MOTTAIS
		35140 SAINT AUBIN DU CORMIER
Telephone	02 99 39 73 73
Share Capital		500,000 Euros
Incorporiation Date		02/1992	Nationality	France
APE/NAF Code		4619A	Currency	Euros
Activity (APE)		Non-food central purchasing	Last account Date	-
Formation Date		06/1986	Fax	-
Deregistration Date	-
EUR VAT Number		FR82338106586	Legal form	Partnership
Court Registry Number		19 9 2B00189
Registration Court		Rennes (35)	RCS Registration	RCS Rennes B 338 106 586

Ultimate Holding Company


Name	Company Number
SAS PB PARTICIPATIONS	319569596

Directors

Current Directors

Preferential Right

This company is not under monitoring

Payment Information Summary – Trade Payment Data

Total number of Invoices available	25
Total number of Invoices paid within or up to 30 days after the due date	14
Total number of Invoices paid more than 30 days after the dues date	9
Total number of Invoices currently outstanding where the due date has not yet been reached	2
Total number of Invoices currently outstanding beyond the due date	0

Establishment Details
Type of Establishment	Single (translated to H)	Production Role	-
APE/NAF Code	4619A	Activity	Non-food central purchasing
Formation Date	04/2001	Reason for Formation	Other
Closure Date	-	Reason for Closure	-
Reactivation Date	-	Seasonality	-
Activity Nature	-	Activity Location	Store
Trading Address	LA MOTTAIS	Department
			Ille-et-Vilaine (35)
	35140 SAINT AUBIN DU CORMIER
Location Surface	Less than 300 m²	District	1
City	SAINT AUBIN DU CORMIER	Status	Economically active
Business Pages FT®	VETEMENTS POUR HOMMES ET DAMES (DETAIL)	Region	Bretagne
		Area	35
		Size of Urban Area	Establishment in a rural municipality

Ultimate Parent(s)
1 ultimate parent company/companies for this company
Company Name	Activity (APE)	APE/NAF Code	City	Post Code
PB PARTICIPATIONS	Activités des sociétés holding	6420Z	PORTBAIL	50580

Other Establishment(s)
Regionality	Legal unit with all establishments in same area
Mono-activity status	Legal unit having all establishments with the same main activity
Branches	1 branch entities in this company
Company Name	Company Type	APE/NAF Code	Activity	City	Post Code
			Centrales d'achat non	SAINT AUBIN DU
SNC CAD	Head Office	4619A			35140
			alimentaires	CORMIER

Workforces

Workforce at address

3 to 5 employees

Company workforce

3 to 5 employees

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.

Workforce size is in the average risk band

The company is 28 years old

Industry code with low risk rating

Collective procedures

No judgment information for the company

Preferential rights details and history

Status of collection	This company is not under monitoring

Group Data

Ultimate parent company		SAS PB PARTICIPATIONS
Direct parent		ALPHA ANJOU II - 99.8 %
Group - Number of companies Linkages - Number of companies Number of countries		6
		-
		-

NAME	SIREN	PARTS	LAST
			ACCOUNT
			PUBLISHED
PB PARTICIPATIONS	319569596	-	-
CELTAT	493821821	100 %	31/12/2012
DISTRICENTER	432510030	99.50 %	-
SNC CAD	338106586	0.20 %	-
ZD SERVICES	348681347	100 %	31/12/2010
ALPHA ANJOU II	402864169	100 %	31/12/2010
SNC CAD	338106586	99.80 %	-

Linkages

No Linkages information available for the company.

Shareholder(s)

Name	CELTAT
Name of representative	M DESPREZ JEAN-EMILE
Manager position	Manager	Date of birth	26/11/1955
Place of birth	PORTBAIL
Type	Moral person	Name at birth
Name	ALPHA ANJOU II
Name of representative	M DESPREZ JEAN-EMILE
Manager position	Manager	Date of birth	26/11/1955
Place of birth	PORTBAIL
Type	Moral person	Name at birth

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
Manager	ALPHA ANJOU II	-
Manager	ALPHA ANJOU II	-
Manager	CELTAT	-
Manager	CELTAT	-
Active partner	ALPHA ANJOU II	16/11/1955 - PORTBAIL
Active partner	DESPREZ VETEMENTS	-
Active partner	DIFA SERVICES	-

Recent publications in Gazettes
Publication date	Gazette Name	Description
15/08/2014	Bodacc B	Modification et mutation diverse

35 - ILLE-ET-VILAINE

GREFFE DU TRIBUNAL DE COMMERCE DE RENNES

586 - 338 106 586 RCS Rennes. SNC C. A. D. Forme : Société en nom collectif. Administration : Gérant : CELTAT représenté par DESPREZ Jean-Emile Gérant : ALPHA ANJOU II représenté par DESPREZ Jean-Emile Associé en nom : CELTAT représenté par DESPREZ Jean-Emile Associé en nom : ALPHA ANJOU II représenté par DESPREZ Jean-Emile Commissaire aux comptes titulaire : KPMG FIDUCIAIRE DE FRANCE Commissaire aux comptes suppléant : THOUVENEL Eric Commissaire aux comptes titulaire : ROUXEL-TANGUY & ASSOCIES en fonction le 05 Août 2014 Commissaire aux comptes suppléant : PEAN Murielle en fonction le 05 Août 2014. Activité : .

Commentaires : Modification de représentant.

26/09/2008

Bodacc B

Modification et mutation diverse

35 - ILLE-ET-VILAINE

GREFFE DU TRIBUNAL DE COMMERCE DE RENNES

1099 - 338 106 586 RCS Rennes. SNC C.A.D. Forme : Société en nom collectif. Administration : Gérant : CELTAT, représenté par M DESPREZ Jean Emile André Brice. Gérant : ALPHA ANJOU II, représenté par M DESPREZ Jean Emile André Brice. Associé en nom collectif : CELTAT, représenté par M DESPREZ Jean Emile André Brice. Associé en nom collectif : ALPHA ANJOU II, représenté par M DESPREZ Jean Emile André Brice. Commissaire aux comptes titulaire : KPMG FIDUCIAIRE DE FRANCE. Commissaire aux comptes suppléant : THOUVENEL Eric. Capital : 500000 EUR. Activité : Produits textiles, articles chaussants et articles d'habillement (exploitation et commercialisation) (début : 06.04.2001). Adresse de l’établissement principal : la Mottais, 35140 Saint-Aubin-du-Cormier. Adresse du siège social : la Mottais, 35140 Saint-Aubin-du-Cormier.

Commentaires : Changement de composition des associés. Date de commencement de l’activité : 01/06/1986. Date d’effet : 02/09/2008.

08/08/2007

Bodacc B