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Report No. : |
352516 |
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Report Date : |
09.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
AUSTRAL FOOD INTERNATIONAL SAS |
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Registered Office : |
10 Rue de la Fraternite, Zone d Amenagement Concerte Triangle, 97490 Saint-Clotilde, Saint Denis |
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Country : |
Reunion |
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Financials (as on) : |
2013 |
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Date of Incorporation : |
2.10.2000 |
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Com. Reg. No.: |
433 187 234 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
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No. of Employee : |
1-9 (2015) |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but correct |
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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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Reunion |
B2 |
B2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
AUSTRAL
FOOD INTERNATIONAL SAS
|
Business Name |
AUSTRAL FOOD INTERNATIONAL SAS |
|
Country |
RÉUNION |
|
Company
Registration Number |
B 433 187 234 |
|
Main Activity
Code |
4639 |
|
Main Activity
Description |
Non-specialised wholesale of
food, beverages and tobacco |
|
Company Status |
Active (Active) |
|
Latest Turnover
Figure |
- |
|
Latest
Shareholder Equity Figure |
798.700 |
|
Business Name |
AUSTRAL FOOD INTERNATIONAL SAS |
|
Registered
Company Name |
Austral Food International SAS |
|
Company
Registration Number |
B 433 187 234 |
|
Country |
RÉUNION |
|
VAT Registration
Number |
433187234 |
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VAT Registration
Date |
|
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Date of
Company Registration |
2000-10-23 |
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Date of
Starting Operations |
2000-10-23 |
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Commercial Court |
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|
Legal Form |
Company limited by shares |
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Type of
Ownership |
|
|
Company Status |
Active (Active) |
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Principal
Activity Code |
|
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Principal
Activity Description |
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Contact
Telephone Number |
+33 2 62 73 17 99 |
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Address |
Country |
Telephone |
|
10 Rue de la Fraternite, Zone d Amenagement Concerte Triangle, 97490 Saint-Clotilde, Saint Denis |
RÉUNION |
+33 2 62 73 17 99 |
OTHER ADDRESS
No other addresses for this
company.
PREVIOUS ADDRESS
No previous addresses for
this company.
|
Activity Code |
Activity Description |
|
4639 |
Non-specialised wholesale of
food, beverages and tobacco |
|
4638 |
Wholesale of other food,
including fish, crustaceans and molluscs |
EMAIL ADDRESSES
ausfood2@ausfood.fr
WEB PAGES
http://www.perlemarine.re/
|
Previous Name |
Date Changed
from Previous Name |
|
Austral Food International SARL |
2015-03-04 |
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Date Reported |
Number of
Employees |
|
2015 |
1-9 |
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Banker Name |
Banker Address |
Phone Number |
|
BRED Banque populaire |
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Auditor Name |
Solicitor Name |
|
RV SARL SARL AUDIRE |
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Fax
Number |
+33 2 62 73 07 95 |
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Export
Countries |
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Import
Countries |
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Additional
Business Information |
The company is engaged in
wholesale of frozen seafood products. The
company distribute it's products in all
large and medium-sized supermarkets of
Reunion Island and Mayotte under PERLE
MARINE brand and also under the company's
private label. The company also sells
to caterers, restaurants and other industrial
clients. The company also has clients
in Europe, the UAE, the US and
Asia. |
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Additional
Rating Information |
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Additional
Payment Information |
No payment history is available. |
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Additional
Financial Information |
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Number
of Employees at Address |
1-9 |
|
Number
of Employees at Group |
|
|
Number
of Employees at Factory |
|
|
Comments About
Your Request |
We have contacted a
representative who was not authorized to
disclose any kind of information and |
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|
advised to present the subject
matter via e-mail. We sent a
questionnaire to the email available requesting |
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more information from the
company but we did not receive a
reply. |
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Line of Business |
Consumer goods wholesale |
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Industry Division |
Wholesale trade |
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Management |
Mr. Jean-Pierre Riviere is
also: - Manager of GELAUSTRAL, Reunion
- Manager of TRADING OCEAN INDIEN |
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(T.O.I.), Reunion |
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Responsible Register |
Registre de Commerce de
Reunion - St-Denis |
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Sanctions List |
The company is not listed
on the World Compliance Database. |
|
Owners |
Class: 50-100% Name: Gelaustral SAS City/Country: Sainte-Clotilde/Saint Denis, Reunion/RE Interest: 95,00% voting right, 95,00% capital interest 2. Class: 0-9% Name: Jean-Pierre Riviere City/Country: Reunion/RE Interest: 5,00% voting right, 5,00% capital interest The company is a subsidiary of Gelaustral SAS, incorporated in 1997 in Reunion. Gelaustral is owned by the Riviere family. Related Companies: SCI EUCALYPTUS, Reunion. And other two companies at Reunion which names were not disclosed. |
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Notes |
Material costs: 4,700.5;
5,210.0 Cost of employees: 105.2;
155.7 Added value: 478.6; 581.2 Working |
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Capital: 48.5; 130.1 Net
Current Assets: 391.6; 350.2 |
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Flagship Brand |
PERLE MARINE |
|
Partnerships |
E.LECLERC |
|
Operations &
Branches |
At the address, 10 Rue
de la Fraternite, ZAC Triangle, 97490 Saint-Clotilde,
Saint Denis, Reunion, we find |
|
|
the company's head office. |
|
Financial Year |
2013 |
2012 |
|
Number of Weeks |
52 |
52 |
|
Currency |
EUR |
EUR |
|
Consolidated Accounts |
No |
No |
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PROFIT AND LOSS |
|
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Revenue |
5.921.200 |
6.524.600 |
|
Operating Costs |
5.550.500 |
6.092.900 |
|
Operating Profit |
370.700 |
431.700 |
|
Wages & Salaries |
- |
- |
|
Pension Costs |
- |
- |
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Depreciation |
- |
- |
|
Amortisation |
- |
- |
|
Financial Income |
- |
2.400 |
|
Financial Expenses |
29.700 |
28.000 |
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Extraordinary Income |
51.200 |
8.300 |
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Extraordinary Costs |
59.700 |
33.300 |
|
Profit before Tax |
332.500 |
381.100 |
|
Tax |
30.800 |
12.600 |
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Profit after Tax |
301.700 |
368.500 |
|
Dividends |
- |
- |
|
Minority Interests |
- |
- |
|
Other Appropriations |
- |
- |
|
Retained Profit |
- |
- |
BALANCE SHEET
|
Land &
Buildings |
0 |
0 |
|
Plant &
Machinery |
0 |
0 |
|
Other Tangible
Assets |
147.300 |
311.400 |
|
Total Tangible
Assets |
147.300 |
311.400 |
|
Goodwill |
0 |
0 |
|
Other Intangible
Assets |
0 |
0 |
|
Total Intangible
Assets |
0 |
0 |
|
Investments |
0 |
0 |
|
Loans to Group |
0 |
0 |
|
Other Loans |
0 |
0 |
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Miscellaneous
Fixed Assets |
708.400 |
296.500 |
|
Total Other
Fixed Assets |
708.400 |
296.500 |
|
Total Fixed
Assets |
855.700 |
607.900 |
|
Raw Materials |
0 |
0 |
|
Work in Progress |
0 |
0 |
|
Finished Goods |
0 |
0 |
|
Other Inventories |
0 |
0 |
|
Total Inventories |
658.900 |
462.100 |
|
Trade Receivables |
465.500 |
270.300 |
|
Group Receivables |
0 |
0 |
|
Receivables Due
after 1 year |
0 |
0 |
|
Miscellaneous
Receivables |
314.100 |
364.900 |
|
Total Receivables |
779.600 |
635.200 |
|
Cash |
464.800 |
329.400 |
|
Other Current
Assets |
0 |
0 |
|
Total Current
Assets |
1.903.300 |
1.426.700 |
|
Total Assets |
2.759.000 |
2.034.600 |
|
Trade Payables |
1.075.900 |
602.300 |
|
Bank Liabilities |
0 |
0 |
|
Other Loans
or Finance |
284.700 |
281.900 |
|
Group Payables |
0 |
0 |
|
Miscellaneous
Liabilities |
151.100 |
192.300 |
|
Total Current
Liabilities |
1.511.700 |
1.076.500 |
|
Trade Payables
After 1 Year |
0 |
0 |
|
Bank Liabilities
After 1 Year |
0 |
0 |
|
Other Loans
or Finance due after 1 year |
220.600 |
129.000 |
|
Group Payables After
1 Year |
0 |
0 |
|
Miscellaneous
Liabilities Due After 1 Year |
228.000 |
84.700 |
|
Total Long
Term Liabilities |
448.600 |
213.700 |
|
Total Liabilities |
1.960.300 |
1.290.200 |
|
Called Up
Share Capital |
200.000 |
200.000 |
|
Share Premium |
0 |
0 |
|
Revenue Reserves |
0 |
0 |
|
Other Reserves |
598.700 |
544.400 |
|
Total
Shareholders Equity |
798.700 |
744.400 |
OTHER FINANCIALS
|
Contingent Liabilities |
|
|
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Working Capital |
391.600 |
350.200 |
|
Net Worth |
0 |
0 |
RATIOS
|
Pre Tax
Profit Margin |
5.62 |
5.84 |
|
Return On
Capital Employed |
26.66 |
39.78 |
|
Return On
Total Assets Employed |
12.05 |
18.73 |
|
Return On
Net Assets Employed |
41.63 |
51.2 |
|
Sales /
Net Working Capital |
15.12 |
18.63 |
|
Stock Turnover
Ratio |
11.13 |
7.08 |
|
Debtor Days |
28.69 |
15.12 |
|
Creditor Days |
66.32 |
33.69 |
|
Current Ratio |
1.26 |
1.33 |
|
Liquidity Ratio
Or Acid Test |
0.82 |
0.9 |
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Current Debt
Ratio |
1.89 |
1.45 |
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Gearing |
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Equity In Percentage |
|
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Total Debt Ratio |
2.45 |
1.73 |
Additional Financials
Gross Profit
|
Name |
Gender |
Address |
Date of |
Position |
|
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|
Birth |
|
|
Guillaume Riviere |
Unknown |
Reunion |
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General Director |
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Chief Human
Resources Officer |
|
Jean-Pierre Riviere |
Unknown |
|
1943-01-01 |
President |
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Chief Financial
Officer Chief
Administration Officer |
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Name |
Gender |
Address |
Date of Birth |
Position |
Resignation Date |
|
No previous directors for
this company. |
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Share Capital
Structure
Nominal Share
Capital
Issued Share
Capital
|
Shareholder |
Address |
% Shares Held |
|
Gelaustral SAS |
|
95 |
|
Jean-Pierre Riviere |
|
5 |
|
Name |
Type |
OfficeType |
Status |
RegistrationNumber |
VatNumber |
Address |
PhoneNumber |
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No Ultimate Holding Parent
for this company. |
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Name |
Status |
Registration Number |
Address |
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Gelaustral SAS |
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Name |
Status |
Registration |
Address |
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|
Number |
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No subsidaries for this company.
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Name |
Status |
Registration |
Address |
|
SCI EUCALYPTUS |
Active |
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Negative Information
No legal information is available.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.80 |
|
|
1 |
Rs.100.49 |
|
Euro |
1 |
Rs.72.52 |
|
EURO |
1 |
Rs. 72.85 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
HEE |
|
|
|
|
Report Prepared
by : |
ASH |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.