MIRA INFORM REPORT

 

 

Report No. :

356440

Report Date :

25.12.2015

 

IDENTIFICATION DETAILS

 

Name :

ECM ECHO CONTROL MEDICAL

 

 

Registered Office :

126 Bd De La Republique, 16000 Angouleme

 

 

Country :

France

 

 

Date of Incorporation :

March 2014

 

 

Com. Reg. No.:

B 800 923 740

 

 

Legal Form :

Simplified Joint Stock Company

 

 

Line of Business :

Manufacture of irradiation, electro medical and electrotherapeutic equipment ( 2660Z )

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

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 – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

France

A1

A1

 

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 more than 84 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 increased by 0.4% in 2014. The unemployment rate (including overseas territories) increased from 7.8% in 2008 to 10.4% in the fourth quarter of 2014. Youth unemployment in metropolitan France decreased from a high of 25.4% in the fourth quarter of 2012 to 24.3% in the fourth quarter of 2014. 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% of GDP in 2014, while France's public debt rose from 68% of GDP to more than 95% in 2014, and may hit 100% by 2016. Elected on a conventionally leftist platform, President Francois HOLLANDE surprised and angered many supporters with a January 2014 speech announcing a sharp change in his economic policy, recasting himself as a liberalizing reformer. The government's budget for 2014 shifted the balance of fiscal consolidation from taxes to a total of $24 billion in spending cuts. In December 2014, HOLLANDE announced additional reforms, including a plan to extend commercial business hours, liberalize professional services, and sell off $6.2-12.4 billion in state owned assets. France’s tax burden remains well above the EU average and income tax cuts over the past decade are being partly reversed, particularly for higher earners. The top rate of income tax is 41%. The government is allowing a 75% payroll tax on salaries over $1.24 million to lapse.

 

Source : CIA

 


Company summary

 

SIRET

800 923 740 00016

Name

ECM ECHO CONTROL MEDICAL

Acronym

-

Trade name

-

Status

Economically active

Postal Address

ECM ECHO CONTROL MEDICAL
126 Bd De La Republique
16000 Angouleme

Share Capital

50,000 Euros

Telephone

05 45 94 85 14

Activity (APE)

Manufacture of irradiation, electro medical and electrotherapeutic equipment ( 2660Z )

RCS Registration

RCS Angouleme B 800 923 740

Formation Date

03/2014

EUR VAT Number

FR43800923740

Deregistration Date

-

Last account Date

-

Court Registry Number

20 1 4B00112

Incorporiation Date

03/2014

Registration Court

Angouleme (16)

Fax

-

Nationality

France

Legal form

Simplified joint stock company

Currency

Euros

 

 

Directors

 

Current Directors

1

 

 

Judgment and Preferential

 

Judgment

No judgement

Preferential Right

This company is not under monitoring

 

 

Establishment Details

 

Type of Establishment

Single (translated to H)

Production Role

-

APE/NAF Code

2660Z

Activity

Manufacture of irradiation , electro medical and electrotherapeutic equipment

Formation Date

03/2014

Reason for Formation

Formation

Closure Date

-

Reason for Closure

-

Reactivation Date

-

Seasonality

-

Activity Nature

Other

Activity Location

Other

Trading Address

126 BOULEVARD DE LA REPUBLIQUE 
16000 ANGOULEME

Department

-

Location Surface

-

District

-

City

ANGOULEME

Status

Economically active

Business Pages FT®

-

Region

Poitou-Charentes

Area

-

Size of Urban Area

-

 

 

Other Establishment(s)

 

Regionality

-

Mono-activity status

-

Branches

0 branch entities in this company

 

Company Name

Company Type

APE/NAF Code

Activity

City

Post Code

ECM ECHO CONTROL MEDICAL

Head Office

2660Z

Manufacture of irradiation , electro medical and electrotherapeutic equipment

ANGOULEME

16000

 

 

Workforces

 

Workforce at address

0 employee

Company workforce

0 employee

 

 

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.

 

 

Industry comparison

 

Activity (APE)

Manufacture of irradiation, electro medical and electrotherapeutic equipment ( 2660Z )

 

 

Collective procedures

 

No judgment information for the company

 

 

Preferential rights details and history

 

Status of collection

This company is not under monitoring

 

 

Group Data

 

No group information available for the company

 

 

Shareholders

 

No Shareholders available for this company

 

 

Linkages

 

No Linkages information available for the company.

 

 

Director(s)

 

Name

M. DESJARDIN FRANCK MARTIAL

Manager position

President

Date of birth

24/08/1963

Place of birth

MONTPON MENESTEROL (24)

Type

Individual

Name at birth

 

 

Previous Directors

 

No data about previous directors is available for this company

 

Status history

 

Date

Description

06/03/2014

Economically active

 

 

Recent publications in gazettes

 

Publication date

Gazette Name

Description

31/03/2014

Bodacc B

Modification et mutation diverse

16 - CHARENTE

GREFFE DU TRIBUNAL DE COMMERCE D'ANGOULÊME

112 - 800 923 740 RCS Angoulème. ECM ECHO CONTROL MEDICAL. Forme : Société par actions simplifiée. Activité : Concevoir et développer des échographes et autres appareils à destination du secteur médical et vétérinaire et les commercialiser. Adresse de l’établissement principal : 126 boulevard de la République, 16000 Angoulême. 
Commentaires : Mise en activité de la société. Date de commencement de l’activité : 01/03/2014.

23/03/2014

Bodacc A

Création d'établissement

16 - CHARENTE

GREFFE DU TRIBUNAL DE COMMERCE D'ANGOULÊME

77 - 800 923 740 RCS Angoulème. ECM ECHO CONTROL MEDICAL. Forme : Société par actions simplifiée. Administration : Président : DESJARDIN Franck, Martial Commissaire aux comptes titulaire : KERAVEL René Commissaire aux comptes suppléant : MICHELE REHIER & ASSOCIES (SACA). Capital : 50000 EUR. Adresse : 126 boulevard de la République, 16000 Angoulême. 
A dater du : 12/03/2014. Date de commencement de l’activité : 01/01/0001. Descriptif : Cette soci¿t¿ n'exerce aucune activit¿. Commentaires : Immatriculation d'une personne morale (B, D) sans activité.

 

 

Company events history

 

Date

Description

02/04/2014

Audit or Management Report

31/03/2014

Bodacc B: Various editing or changing

23/03/2014

Bodacc A : Establishment creation

12/03/2014

Fund deposit certificate

12/03/2014

Articles of association

12/03/2014

Appointment/resignation of company officers

12/03/2014

Company formation

06/03/2014

Update of Company Concern status

06/03/2014

Update of Company Activity

06/03/2014

Reactivation of Company

06/03/2014

Other modification of Establishment

06/03/2014

Modification of Company Activity

06/03/2014

Formation of Company

06/03/2014

Update of Company Workforce


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.66.20

UK Pound

1

Rs.98.30

Euro

1

Rs.72.41

EUROS

1

Rs.66.87

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

TRI

 

 

Report Prepared by :

TPT

 


               

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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