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MIRA
INFORM REPORT
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Report Date : |
31st
May 2006 |
IDENTIFICATION
DETAILS
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Name : |
CARFACIL (DISTRIBUIDORA DE VEICULOS LTDA) |
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Registered Office : |
Rod. Lucio Meira 2000 RJ 27336-00 Barra Mansa Brazil |
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Country : |
Brazil |
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Financials (as on) : |
2003 |
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Date of Incorporation : |
September 05, 1984 |
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Com. Reg. No.: |
33.201.074.530 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Retailers trade of automobiles |
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
Carfacil
(Distribuidora De Veiculos Ltda)
Rod. Lucio Meira 2000
RJ 27336-00 Barra Mansa
Brazil
Head information
Company name: CARFÁCIL DISTRIBUIDORA DE VEÍCULOS
LTDA
Trade Name: CARFÁCIL
Address: Rodovia Lúcio Meira, km 296, 200 – Boa Vista
27336-000 – Barra Mansa/RJ - Brasil
Phone: (55-24) 3348-1122
Fax: (55-24) 3348-1170
E-mail: informatica@carfacil.com.br
Web Site: www.carfacil.com.br
Legal information
Legal Status: Private
Limited Company
Incorporation date: September
05, 1984
Register number: 33.201.074.530
Tax contributor (CNPJ): 28.928.745/0001-34
Registered capital: R$848.000,00
– September 12, 1984
State Registration #: 82.627.286
Municipal Registration#: 505.389
Number of employees: 39
Branches: 01 – Barra do Piraí
History
Established on September 05, 1984,
chartered at the State Commerce Registration Office of Rio de Janeiro (JUCERJA)
under # 33.201.074.530
Previus Corporate name:
Distribuidora de veículos
Carfacil Ltda
Partnership
ANTÔNIO LUIZ PIRES - 46%
Portuguese, Married, CPF:
111.177.708-00
RAFAEL AUGUSTO DE AQUINO - 46%
Brazilian, Single,
CPF: 218.357.958-70
MAERLI MARIA PIRES - 4%
Brazilian, Married,
CPF: 497.695.888-49
MARA LUCIA NASCIMENTO - 4%
Brazilian, Widow,
CPF: 006.248.698-57
Management
ANTÔNIO LUIZ PIRES - Shareholder
Director
Properties
Premisses from which
it operates is rented.
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
Retail trade of
automobiles
Main Products
Automobiles
Purchases/sales: Domestic market
Related Companies
Stock participation:
CHECAR DISTRIBUIDORA DE VEÍCULOS
LTDA
CNPJ: 52.993.458/0001-92
- Antônio Luiz Pires -
50,00%
Financial Data
According to the
brazilian law Private Limited Companies are not obliged to file financial
accounts for public inspection. However, they provided the following data:
Balance sheet
information for fiscal year ending:
31/12/2003 - US$1.00
= R$2,889
31/12/2002 - US$1.00
= R$3,535
Figures are in
(Thousands of) Reais R$:
Assets
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2003 |
2002 |
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Current Assets |
5.261 |
4.403 |
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Inventory |
1.807 |
2.746 |
Other Assets
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3.454 |
1.657 |
Fixed Assets
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277 |
266 |
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Immovable |
277 |
266 |
Total Assets
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5.538 |
4.469 |
Liabilities
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2003 |
2002 |
Current Liabilities
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2.591 |
5.100 |
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Suppliers |
1.752 |
2.790 |
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Other liabilities |
839 |
2.310 |
Net Equity
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2.947 |
(431) |
Capital
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848 |
848 |
Reserves
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1.703 |
176 |
Accumulated Profit (Loss)
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396 |
(1.455) |
Total Liabilities
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5.538 |
4.669 |
Income Statement
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2003 |
2002 |
Annual Net Sales
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18.378 |
4.506 |
Gross Income
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2.287 |
446 |
Operating Income
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389 |
24 |
Net Income
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389 |
19 |
Financial Analysis
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2003 |
2002 |
Current Ratio
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2,03 |
0,86 |
Current Debt Ratio
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0,87 |
-11,83 |
Total Debt Ratio
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1,87 |
-10,83 |
Working Capital
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$2.670 |
$(697) |
(Dollar
rate US$1.00 = R$2,256 on 29/05/2006).
Remark: It was not possible to find
the update financial statement through outside sources consulted.
Banking
Banco
ABN AMRO Real S/A. - branch 0044 Barra Mansa/RJ
Tel:
(55-24) 3323-2428
Remark: banking comments could not be
obtained due to legal restrictions from the Brazilian Law.
Up to May
29, 2006 no returned cheques were found either in the name of the company or
partners.
Insurance
Company: Bradesco
Cia de Seguros
Coverage Total
covering
Value: R$1.712.000,00
Expiration: December
19, 2006
Payment information
153 invoices
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Information
on purchases: |
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MAY/2006 |
Last: |
R$849
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Average: |
R$770
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Information
on invoicing: |
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APR/2005 |
Highest: |
R$5.367
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Average: |
R$2.051
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Information on accumulation:
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SEP/2005 |
Highest: |
R$13.775
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Average: |
R$3.806
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100% - prompt payments
Trade References
Main Suppliers:
GENERAL MOTORS DO BRASIL São Paulo/SP
Tel: (55-11)
4234-7700
GAVANO TINTAS Volta
Redonda/RJ
Tel: (55-24)
3337-8977
AM PNEUS Volta
Redonda/RJ
Tel: (55-24) 3347-7465
DEALER COMERCIAL, EXPORT E IMPORT
S/A
SIMCAUTO MECÂNICA E
REPRESENTAÇÕES LTDA
TEGMA GASTÃO LOGÍSTICA LTDA
AUTO BARRA DO PIRAI LTDA
Main clients:
VIAÇÃO CIDADE DO AÇO Barra
Mansa/RJ
Tel: (55-24) 3323-4022
LIGHT S/A Barra
Mansa/RJ
Tel: (55-24) 2443-9200
OFICINA MADUREIRA Volta
Redonda/RJ
Tel: (55-24) 3348-1234
CIA ITAULEASING DE ARRENDAMENTO
MERCANTIL
COMPANHIA SIDERÚRGICA NACIONAL
Public Information
Up to May 29, 2006,
no negative information was found.
Remarks
Subject provided general information and financial
figures.
Others sources: public records consulted
Final Opinion
By virtue of the lack of updated
financial data, we don't have concrete base to base our opinion in order to do
credit rating.
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 |