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MIRA
INFORM REPORT
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Report No. : |
499864 |
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Report Date : |
31.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
BAIDJIBAY DISTRIBUTION
SARL |
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|
|
|
Registered Office : |
52 Rue Deschanets, 97440
Saint Andre |
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Country : |
Reunion Island |
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Financials (as on) : |
June 2015 |
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Date of Incorporation : |
28.06.1999 |
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Com. Reg. No.: |
423 197 854 |
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Legal Form : |
Limited Liability Company |
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|
|
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Line of Business : |
Non-specialised
wholesale trade [We tried to confirm / obtain the detailed activity but the same is
not available from any sources] |
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|
|
|
No. of Employees : |
6 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
B |
|
Credit Rating |
Explanation |
Rating Comments |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
Status : |
Moderate |
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|
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Payment Behaviour : |
Slow |
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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
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
Reunion Island |
B2 |
B2 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
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High Risk |
C2 |
|
Very High Risk |
D |
Company Summary
|
Business
Name |
BAIDJIBAY
DISTRIBUTION SARL |
|
Country |
REUNION |
|
Company
Registration Number |
423 197
854 |
|
Main
Activity Code |
4690 |
|
Main
Activity Description |
Non-specialised
wholesale trade |
|
Company
Status |
Active
(Active) |
|
Latest
Shareholder Equity Figure |
578.467 |
Basic Information
|
Business
Name |
BAIDJIBAY
DISTRIBUTION SARL |
|
Registered
Company Name |
BAIDJIBAY
DISTRIBUTION SARL |
|
Company
Registration Number |
423 197
854 |
|
Country |
REUNION |
|
VAT
Registration Number |
FR53423197854 |
|
Date of
Company Registration |
1999-06-28 |
|
Legal
Form |
Limited
Liability Company |
|
Company
Status |
Active
(Active) |
|
Contact
Telephone Number |
+262
262584826, +262 262587725, +262 692895252 |
Main Address
|
Address |
Country |
Telephone |
|
52 Rue
Deschanets, 97440 Saint Andre |
REUNION |
+262
262584826, +262 262587725, +262 692895252 |
Other Address
No other addresses for this company.
Previous Address
|
Address |
Country |
|
471,
Route de Cambuston, 97440 Saint Andre, Reunion/RE REUNION |
|
Activities
|
Activity Code |
Activity Description |
|
4690 |
Non-specialised wholesale trade |
Email Addresses
No email for this company.
Web Pages
No web pages for this
company.
Employee Information
|
Date Reported |
Number of Employees |
|
2018 |
6 |
Banker Information
No banker information for
this company.
Advisors Information
No advisor information for
this company.
Miscellaneous Information
|
Additional Business
Information |
Main Activities: The
subject is engaged in non-specialised wholesale trade. |
|
Additional Payment
Information |
No payment history is
available. |
|
Additional Financial
Information |
Financial Statements Were
Prepared As At 2015-06-30, 2014-06-30 And 2013-06-30. More recent financial
statements have not been filed so far. |
|
Number of Employees at
Address |
6 |
Additional Miscellaneous
Information
|
Established |
1999 |
|
Line of Business |
Consumer goods wholesale |
|
Industry Division |
Wholesale trade |
|
Responsible Register |
Registre du Commerce et
des Societes Saint Denis de la Reunion |
|
Remarks |
Note: SIRET:
42319785400056 |
|
Sanctions List |
We
did not find the company included on the various international sanctions
lists, such as the OFAC (Office of Foreign Assets Control), the BIS (Bureau
of Industry and Security), the European Union Restrictive measures
(sanctions) list, the Export Control Organisation (ECO) of the UK, the
Australian Department of Foreign Affairs and Trade. |
|
Owners/-s |
Names
of the shareholders are not available. |
|
Legal domicile |
Saint
Andre, Reunion |
|
Company's Background |
Although
the company was founded in April 16, 1999, it was registered in the Tax
Administration Services -Registre du Commerce et des Societes Saint Denis de
la Reunion in June 18, 1999. |
|
Operations & branches |
At
the address, 52 Rue Deschanets, 97440 Saint Andre, we find the subject's head
office. Additional Contacts: Mobile : +262 692975253 |
|
Banks: |
unknown |
|
Board of Directors |
Baidjibay, Shabir Born:
1971 |
Financials
|
Financial Year |
2015-06 |
2014-06 |
2013-06 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
EUR |
EUR |
EUR |
|
Consolidated Accounts |
No |
No |
No |
|
Profit
and Loss |
|
|
|
|
Revenue |
2.139.325 |
2.210.834 |
2.526.570 |
|
Operating Costs |
1.995.551 |
2.108.063 |
2.408.241 |
|
Operating Profit |
143.774 |
102.771 |
118.329 |
|
Financial Income |
188 |
11.555 |
2.688 |
|
Financial Expenses |
98.616 |
47.940 |
58.859 |
|
Extraordinary Income |
30.077 |
19.685 |
22.320 |
|
Extraordinary Costs |
31.895 |
45.015 |
29.915 |
|
Profit before Tax |
43.528 |
41.056 |
54.563 |
|
Tax |
1.295 |
2.914 |
4.063 |
|
Profit after Tax |
42.232 |
38.142 |
50.501 |
|
Retained Profit |
42.232 |
38.142 |
50.501 |
|
Balance
Sheet |
|
|
|
|
Land & Buildings |
0 |
0 |
0 |
|
Plant & Machinery |
0 |
0 |
0 |
|
Other Tangible Assets |
71.385 |
52.192 |
51.529 |
|
Total Tangible Assets |
71.385 |
52.192 |
51.529 |
|
Goodwill |
0 |
0 |
0 |
|
Other Intangible Assets |
37 |
644 |
1.250 |
|
Total Intangible Assets |
37 |
644 |
1.250 |
|
Investments |
0 |
0 |
0 |
|
Loans to Group |
0 |
0 |
0 |
|
Other Loans |
0 |
0 |
0 |
|
Miscellaneous Fixed
Assets |
4.825 |
4.045 |
2.546 |
|
Total Other Fixed Assets |
4.825 |
4.045 |
2.546 |
|
Total Fixed Assets |
76.247 |
56.881 |
55.325 |
|
Raw Materials |
0 |
0 |
0 |
|
Work in Progress |
0 |
0 |
0 |
|
Finished Goods |
0 |
0 |
0 |
|
Other Inventories |
1.419.956 |
1.108.384 |
975.105 |
|
Total Inventories |
1.419.956 |
1.108.384 |
975.105 |
|
Trade Receivables |
366.730 |
341.241 |
659.762 |
|
Group Receivables |
0 |
0 |
0 |
|
Receivables Due after 1
year |
0 |
0 |
0 |
|
Miscellaneous Receivables |
0 |
0 |
0 |
|
Total Receivables |
366.730 |
341.241 |
659.762 |
|
Cash |
332.149 |
283.477 |
10.672 |
|
Other Current Assets |
383.201 |
340.187 |
63.391 |
|
Total Current Assets |
2.169.887 |
1.789.812 |
1.698.258 |
|
Total Assets |
2.246.134 |
1.846.693 |
1.753.583 |
|
Trade Payables |
967.131 |
673.649 |
584.059 |
|
Bank Liabilities |
0 |
0 |
0 |
|
Other Loans or Finance |
579.353 |
502.280 |
539.783 |
|
Group Payables |
0 |
0 |
0 |
|
Miscellaneous Liabilities |
67.109 |
104.583 |
90.848 |
|
Total Current Liabilities |
1.613.593 |
1.280.512 |
1.214.690 |
|
Trade Payables After 1
Year |
0 |
0 |
0 |
|
Bank Liabilities After 1
Year |
0 |
0 |
0 |
|
Other Loans or Finance
due after 1 year |
54.074 |
29.946 |
22.127 |
|
Group Payables After 1
Year |
0 |
0 |
0 |
|
Miscellaneous Liabilities
Due After 1 Year |
0 |
0 |
18.674 |
|
Total Long Term
Liabilities |
54.074 |
29.946 |
40.801 |
|
Total Liabilities |
1.667.667 |
1.310.458 |
1.255.491 |
|
Called Up Share Capital |
250.000 |
250.000 |
250.000 |
|
Share Premium |
0 |
0 |
0 |
|
Revenue Reserves |
0 |
0 |
0 |
|
Other Reserves |
328.467 |
286.235 |
248.092 |
|
Total Shareholders Equity |
578.467 |
536.235 |
498.092 |
|
Other
Financials Contingent Liabilities |
|
|
|
|
Working Capital |
556.294 |
509.300 |
483.568 |
|
Net Worth |
578.430 |
535.591 |
496.842 |
|
Ratios Pre Tax Profit Margin |
2.03 |
1.86 |
2.16 |
|
Return On Capital
Employed |
6.88 |
7.25 |
10.13 |
|
Return On Total Assets
Employed |
1.94 |
2.22 |
3.11 |
|
Return On Net Assets
Employed |
7.52 |
7.66 |
10.95 |
|
Sales / Net Working
Capital |
3.85 |
4.34 |
5.22 |
|
Stock Turnover Ratio |
66.37 |
50.13 |
38.59 |
|
Debtor Days |
62.57 |
56.34 |
95.31 |
|
Creditor Days |
165.01 |
111.22 |
84.38 |
|
Current Ratio |
1.34 |
1.4 |
1.4 |
|
Liquidity Ratio Or Acid
Test |
0.46 |
0.53 |
0.6 |
|
Current Debt Ratio |
2.79 |
2.39 |
2.44 |
|
Equity In Percentage |
25.75 |
29.05 |
28.42 |
|
Total Debt Ratio |
2.88 |
2.44 |
2.52 |
Current Directors
Name Gender Address Date of Position
Birth
Baidjibay, Shabir Unknown Manager
(2007-09-04)
Previous
Directors
No previous directors for this company
Share Capital Structure
|
Nominal Share Capital |
250.000 |
|
Issued Share Capital |
250.000 |
Shareholders
No
Shareholders for this company.
Group
Structure
No group structure
information for this company
Negative
Information
Public records information: No legal actions could be obtained during investigation
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.04 |
|
|
1 |
INR 92.28 |
|
Euro |
1 |
INR 80.62 |
|
Euro |
1 |
INR 80.25 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
|
|
|
Report Prepared
by : |
SYL |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.