Business Information & Credit Report
EXAMPLE MAROC
Reference:20411693
Scoring Briefing
Current Scoring:
BB
Definition:
FAIR CREDIT QUALITY
Current Recommended Credit:
8,000 EUR
Payment Record:
NO COMPLAINTS
This scoring is based on available data. In the event of additional information a
possibility for a different scoring applies.
Registration Briefing
Registration Number:
000000
Registration Date:
14/10/2004
Legal Form:
SOCIETE A RESPONSIBILITE LIMITEE
Latest Financials:
December 31, 2010
Financial Briefing
Nominal Capital:
100,000 Moroccan Dirham
Issued Capital:
N/A
Turnover:
4,367,273 Moroccan Dirham
Net Profit:
8,992 Moroccan Dirham
Net Worth:
230,818 Moroccan Dirham
Original Investigation Details
Company Name:
Country:
Street Name:
City Code:
Phone Number:
Fax Number:
Company Details
EXAMPLE MAROC
MO
EXAMPLE STREET, 10
CASABLANCA
00 00 00 00 00
00 00 00 00 00
Company Name:
Headquarter Address:
EXAMPLE MAROC
Km 110 Example Street,
Ain Sebaa,
Casablanca,
Morocco
Telephone:
00 00 00 00 00
11 11 11 11 11
Fax:
00 00 00 00 00
E-Mail:
examplemaroc@menara.ma
Company History
Former Addresses
Date of Change
Quartier Beausite,
Example Street 1,
Ain Sebaa,
Casablanca
04/2011
Company was originally started on 2004
Registration & Legal Details
Current Legal Form:
Registration Address:
Registration Number:
Registration Date:
Year/Date Company Established:
Registration Town:
Tax Registration Number:
SOCIETE A RESPONSIBILITE LIMITEE
Km 110 Boulevard Example Street,
Casablanca
000000
14/10/2004
2004
Casablanca
0000000
Capital
Currency:
Authorized Capital:
Paid Up Capital:
Moroccan Dirham
100,000
100,000
Authorized Capital Breakdown
Number of Shares: 1,000
Type of Shares: None Selected
Issued Shares: 1,000
Value per share: MDH 100.00
Value of this type: 100,000.00
Shareholders
Shareholders:
Name/Other Information
Mr. Onur Kaçmaz,
Casablabca,
Morocco
Shares Held
1,000
% of Voting/Non-Voting capital
100.00% (VOTING)
Principals
Name:
Position within the company:
Date of Birth:
Country of Birth:
Nationality:
Can fluently speak:
Mr Onur Kaçmaz
Managing director
12/07/1964
Morocco
Moroccan
Arabic & French
Company Activities
NACE Codes: 0000
Wholesale of chemical products
The company is specialised in trade and manufacture of hygiene and cleaning products for the food industry.
Local Reporters consider the investigated company to be MEDIUM in their field of concern.
Operations
Employees
Company Employs: 5
HQ Premises
Operates from:
Rented Offices , Factory
Premises Size:
Location:
600 square meters
Industrial Area
Imports
Imports From:
Importing Terms:
Additional Information:
Subject's Suppliers:
Company Name: SOPORA
Address:
Belgium
Imports Finished Goods
Belgium, France, USA
90 days credit, bank transfer
Letters of credit
Company Name: BICONTROT
Address:
France
Company Name: GDBMT
Address:
France
Company Name: AUSTIN ATLANTIC
Address:
France
Company Name: CLAVELCHOM
Address:
Morocco
Company Name: OFROG METAL
Address:
Morocco
Agencies:
SOPORA
BICONTROT
GDBMT
LODUSO
Exports
Export % and type of product:
Subject does not export
Trading & Selling
Territory:
Type of Customer:
Vehicles:
100% Nationally
Food Industry
Total number of vehicles:
3 cars
Related Companies
Subsidiaries
Affiliates
Information on Related Companies is not available/applicable
Bankers
GDBMT Bank,
Branch: Centre d'Affaires Zunate
Example Street 33 - Ain Sebaa,
Casablanca,
Morocco
Account Number:
000000 0000 00000 000 00 00 0
Financial Information
Financial Interview Date:
Source:
Figures are:
Currency:
Months
12
12
12
12
Sales Figures
31/12/2010
31/12/2009
31/12/2008
31/12/2007
29/06/2011
Mr Onur Kaçmaz Managing director
Official Figures
Moroccan Dirham
Sales
4,367,273
4,953,863
3,810,675
2,603,735
Gross Profit/Loss
30,922
115,249
77,887
54,409
Net Profit/Loss
8,992
72,154
50,855
46,331
Balance Sheet & Profit & Loss
BALANCE SHEET
As at: 31-Dec-2010
Fixed Assets
Land & Buildings
Plant & Machinery
Furniture & Equipment
Motor Vehicles
Misc. Fixed Assets
Total Fixed Assets
Financial Assets
Shares in Related Companies
Loans to related companies
Investments
Deposits
Misc. Financial Assets
Total Financial Assets
Intangibles
Goodwill
Organisational Expenses
Patents
Misc. Intangible Assets
Total Intangible Assets
Current Assets
Stock
Stock & Work in Progress
Trade Debtors & receivables
As at: 31-Dec-2009
As at: 31-Dec-2008
18,166
20,314
386,825
6,846
34,701
47,584
413,985
34,701
65,750
7,500
7,500
245,242
252,742
16,742
24,242
15,870
15,870
0
0
0
789,230
649,794
401,134
1,254,575
1,571,674
1,002,672
Provision for bad debs
Other receivables
Due from related companies
Owed by shareholders
Prepaid expenses
Cash
Tax recoverable
Marketable Securities
Misc. Current Assets
Total Current Assets
Total Assets
Owner's Equity & Liabilities
Issued and paid up capital
Share premium account
Retained earnings
Net profit/Loss for the year
Revaluation reserves
Legal Reserves
Other reserves
Net Worth
Deffered Taxation
Provisions/allowances
Mortgages/Loans
Hire purchase
Due to group of companies
Minority interest
Misc. deferred liabilities
Total Long Term Liabilities
Current Liabilities
Creditors
Other creditors
Accruals
Bank overdrafts/Loans
Misc. Loans
Directors accounts
Owing to shareholders
Owing to related companies
Proposed dividend
Long Term-due 1 year
Hire Purchase-under 1 year
Taxation
Advance receipts
Misc. Current Liabilities
Total Current Liabilities
Owner's Equity & Liabilities
78,421
128,696
243,401
199,202
180,790
51,672
6,479
2,257,401
2,924,128
12,448
2,676,519
2,735,462
9,727
1,645,995
1,727,615
100,000
100,000
100,000
115,735
8,992
47,189
72,154
-1,183
50,855
6,091
2,484
230,818
221,827
149,672
0
0
0
2,078,020
1,947,796
1,090,533
437,928
168,760
249,712
160,630
387,336
221,878
16,732
2,693,310
2,924,128
9,743
2,513,635
2,735,462
15,820
1,577,943
1,727,615
Figures are:
Fiscal Year
Figures are:
Fiscal Year
Figures are:
Fiscal Year
01/01/2010 to 31/12/2010
4,367,273
2,817,820
01/01/2009 to 31/12/2009
4,953,863
3,194,333
01/01/2008 to 31/12/2008
3,810,675
2,577,775
PROFIT & LOSS
Total Income/Turnover
Cost of sales
Gross Profit/(Loss)
Admin/selling expenses
Services
1,549,453
1,759,530
1,232,900
227,342
710,745
405,110
689,748
77,930
547,927
Salaries
Auditors Fee
Stock Depreciation
Depreciation
Misc. Operating Expenses
Misc. Operating Income
Net Operating Profit/(Loss)
520,068
36,477
476,779
7,280
459,002
6,540
35,168
41,448
2
19,653
139,163
45,727
249
131
95,656
18,628
18,628
15,962
15,962
12,905
12,905
96
7,263
7,359
4,146
35,730
39,876
30,674
30,674
Profit/(Loss) before taxes
30,922
115,249
77,887
Income Tax
Other Tax
Profit/(Loss) after taxes
21,930
43,095
27,032
8,992
72,154
50,855
8,992
72,154
50,855
8,992
72,154
50,855
8,992
72,154
50,855
Interest Receivable/Finance Income
Group related income
Misc. Financial Income
Total Financial Income
Interest Payable/Finance costs
Misc. financial expenses
Total Financial Expenses
Extraordinary items
Exceptional items
Misc. Items
Net Profit/(Loss)
Previous years retained earnings
Current years net income
Misc. additions in current year
Current years net loss
Dividends in current year
Withdrawals in current year
Misc. deductions in current year
Retained earnings at end of
financial period
Average employees
Directors fee
Earnings per share
Earnings per share-previous year
Auditors Comments
Date accounts obtained:
Accounts obtained from:
29/06/2011
Subject
Auditors Opinion:
The audited financial statement gives a true and fair view of the state of affairs of the
subject
Financial Statements have been prepared on an on-going basis.
Assuming support of: shareholders
FINANCIAL RATIOS / COMPARATIVE DATA
Actual Company
Results (2010)
Liquidity Ratios
Current Ratio
Acid Test Ratio
Accounts
Payable/Sales Ratio
Current Liabilities/Net
Worth
Total Liabilities/Net
Worth
Fixed Assets/Net
Worth (%)
Profitability Ratios
Gross Profit Ratio (%)
Return on Capital
Employed (ROCE)(%)
Net Profit/Sales (%)
Return on Assets (%)
Efficiency Ratios
Sales/Working Capital
Assets/Sales(%)
Shareholders
Return(%)
Average Inventory
Period
Average Collection
Period
Leverage Ratios
Capital Employed
Number of
Companies within the
industry (NACE G)
Statistics based on
NACE(G)
Industrial Averages
(2010)
Actual Company
Results (2009)
Industrial Averages
(2009)
0.84
0.55
1.42
0.97
1.06
0.81
1.47
0.92
0.48
0.36
0.39
0.48
11.67
5.23
11.33
-25.69
11.67
5.34
11.33
-25.38
179.36
49.16
15.64
52.25
35.48
13.40
26.29
22.06
35.52
51.95
22.12
-160.34
0.71
1.06
3.54
4.96
2.33
4.21
2.33
4.23
-10.02
66.96
13.40
8.78
100.50
23.10
30.41
55.22
51.95
5.61
132.81
-163.08
93.20
155.26
60.04
167.70
118.10
132.20
94.84
137.61
18.92
7.62
22.33
8.03
341
Wholesale and retail
trade;repair of motor
vehicles and
motorcycles
The statistical Industrial Average results are calculated against
companies within our database for the specific country.
INDUSTRY SECTOR COMPARATIVE DATA
341
Wholesale and retail
trade;repair of motor
vehicles and
motorcycles
Elements Taken
DATE OF REGISTRATION
TOTAL EMPLOYEES
SALES (2010)
SALES (2009)
NET PROFIT (2010)
NET PROFIT (2009)
TOTAL ASSETS (2010)
TOTAL ASSETS (2009)
Result for specific
company
14/10/2004
5
383,971
435,544
791
6,344
257,089
240,502
RANKING
Total Companies Used
831
803
86
256
49
236
48
280
1040
950
100
333
54
339
54
340
Currency: EUROS
Rankings:
The results given below are calculated against companies with our Database for the specific country.
Scale: 1 is the highest result found in our database.
Example: Ranking 5: Total Companies used to generate the Ranking : 20
This means that this company is the 5th largest company out of 20 found in our database in the specific industry
Charts of Financial Trends and Industry Comparisons
PLEASE NOTE THAT CHARTS ARE SHOWN IN EUROS FOR TREND AND COMPARISON PURPOSES
The statistical Industrial Average results are calculated against companies within our database for the
specific country.
Payments
Subject's payments reported to be: NO COMPLAINTS
No record has been found of protested bills against the subject.
Representation
Auditors:
Beta Expertos
44, Boulevard Example - casablanca
Tel: 00000 00000
Other Comments
Other Comments:
Patent N° : 00000000
Interview & Reporter Comments
Date:
Name/Title:
Comment:
29/06/2011
Mr Onur Kaçmaz Managing director
Subject has confirmed the general details shown in the report.
Conclusions
Local Reputation:
The company being investigated is considered by local reporters to be a Fair / Normal
Trade Risk.
General Conclusion:
Local informants consider granting of credit to be a fair trade risk.
Owner/Shareholders Comments:
All or most of the owners / shareholders have an active participation in the running of
the business.
Financial Results Trend:
Financial Information indicates that the business activities of the company are
declining in strength.
Age of Business:
The company is long established in the local market.
Scoring
Definition
AA
HIGH CREDIT QUALITY
A
GOOD CREDIT QUALITY
BB
FAIR CREDIT QUALITY
B
LOW CREDIT QUALITY
C
VERY LOW CREDIT QUALITY
It is recommended that any credit facilities should be secured.
NB
NEW BUSINESS
Subject is under 18 months old. Monitoring its future progress is recommended.
NN
INSUFFICIENT DATA
There is insufficient information for an adequate credit assessment.
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