MIRA
INFORM REPORT
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Report Date : |
27th
May 2006 |
IDENTIFICATION
DETAILS
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Name : |
CHECAR DISTRIBUIDORA
DE VEICULOS LTDA |
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Registered Office : |
Av. Vereador José de Diniz, 2.350 – Santo Amaro 04604-004 – São Paulo/SP - Brasil |
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Country : |
Brazil |
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Date of Incorporation : |
October 24, 1983 |
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Com. Reg. No.: |
35.202.591.955 |
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Legal Form : |
Private Limited
Company |
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Line of Business : |
Concessionary
General Motors |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
NAME & ADDRESS
Checar Distribuidora
de Veiculos ltda
Av. Interlagos 1600 (Previous
address)
Chacara Flora
Sao Paulo
Brazil
0055 11 5633-2081
Head information
Company name: CHECAR DISTRIBUIDORA DE VEICULOS
LTDA.
Address: Av. Vereador José de Diniz, 2.350 – Santo Amaro
04604-004 – São Paulo/SP - Brasil
Phone: (55-11) 3797 3500
E-mail: sueli@checar.com.br
Legal information
Legal Status: Private
Limited Company
Incorporation date: October 24,
1983
Register number: 35.202.591.955
Tax contributor
(CNPJ): 52.993.458/0001-92
Registered capital: R$690.000,00
Register Number: 336.975.053
State Registration
number: 110.975.798.114
Number of employees: 56
Branches: 01 – São Paulo/SP
History
Established on October
24, 1983, chartered at the State Commerce Registration Office of São Paulo
(JUCESP) under # 35.202.591.955, with the registered name of Distribuidora de
Veículo Checar Ltda. On June 26, 1990 the subject changed to the present
registered name.
Partnership / Management:
PAULO ROSA DE AQUINO (Died) (joined 10/1983) - 50,0%
Brazilian, CPF: 655.735.018-87
ANTÔNIO LUIZ PIRES (Joined 10/1983) - 50,0%
Brazilian, CPF: 111.177.708-00
Properties
Owner: Paulo Rosa de Aquino (Died)
Properties, valued at R$3.779.448,00
Owner: Antônio Luiz Pires
Properties, valued at
R$200.000,00
Registered line of business:
Concessionary General
Motors
Related Companies
Stock Participation:
THINK CNPJ: 05.325.248/0001-46
-Antonio Luiz Pires - 46,0%
-Paulo Rosa de Aquino (Died) - 46,0%
Financial Data
According to the
Brazilian Law Private Limited Companies are not obliged to file financial
accounts for public inspection.
It was not possible to
find out financial statement through outside sources consulted.
(Dollar rate US$1.00 = R$2,256 on
29/05/2006).
Banking
Banco Bradesco S/A - branch 3396
Banco
ABN Amro Real S/A. -
Branch.0404
Remark: banking comments could
not be obtained due to legal restrictions from the Brazilian Law.
Up to May 29, 2006 no
returned cheques were foundeither in the name of the company or partners.
Insurance
Not informed.
Public Trade Payment
104 Invoices:
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Information
on purchases: |
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MAY/2006 |
Last: |
R$685
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Average: |
R$731
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Information
on invoicing: |
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JAN/2006 |
Highest: |
R$3.761
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Average: |
R$2.279
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Information on accumulation:
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JUL/2005 |
Highest: |
R$8.075
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Average: |
R$4.034
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100% - Prompt payments
Trade References
Main Suppliers:
TINTAS MC LTDA.
METROCAR VEÍCULOS LTDA.
NISAR INDÚSTRIA E COMÉRCIO Ltda.
GENERAL MOTORS DO BRASIL LTDA.
EDMORBA ACESSÓRIOS E PEÇAS Para AUTOS LTDA.
Main clients:
ROLAMENTOS FAG S/A.
AVON COSMÉSTICOS LTDA.
REDLEY RESTAURADORA DE VEÍCULOS LTDA.
GREIF EMBALAGENS INDÚSTRIAS DO BRASIL LTDA.
M W M INTERNATIONAL
INDUSTRIAL DE MOTORES DA AMÉRICA
Public Records Information
Up to May 29, 2006, no
negative information was found.
Remarks
In the Commercial
Committee of the State of São Paulo it doesn't still consist the partners'
alteration and directors.
Subject provided
general information.
Others sources: public
records consulted
Final Opinion
By virtue of the lack
of updated financial data, we don't have concrete base to found our opinion to
credit evaluation.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |