MIRA
INFORM REPORT
|
Report Date : |
16th
February, 2007 |
IDENTIFICATION
DETAILS
|
Name : |
AGGARWAL RAJINDER PRASAD |
|
|
|
|
Registered Office : |
Street 25 G 84a 69, Bogota, Bogota (621) |
|
|
|
|
Country : |
Colombia |
|
|
|
|
Financials (as on) : |
31.12.2005 |
|
|
|
|
Date of Incorporation : |
24/10/2003 |
|
|
|
|
Legal Form : |
Private
Company |
|
|
|
|
Line of Business : |
Wholesale of household goods. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No
Complaints |
|
|
|
|
Litigation : |
Clear |
Identification and
Characteristics
|
ICI |
1700091003500000 |
|
Tax Identif. |
6320101788 |
|
Trade Identif. |
1318655-04 |
|
Business Name |
AGGARWAL RAJINDER PRASAD |
|
Business Address |
STREET 25 G 84A 69, BOGOTA, BOGOTA (621) |
|
Former Business Address |
AVENUE 28 43 19 APTO 301, BOGOTA, BOGOTA (149) |
|
Telephone |
(1)2638778 |
|
Telefax |
(1)2638778 |
|
Email |
|
|
Constitution Date |
24/10/2003 |
|
Business Start Date |
24/10/2003 |
|
Number of permanent employees |
2 |
|
Employees Evolution |
2006 - 2 |
|
Banks, Clients |
BANK: BANCO DE CREDITO DE COLOMBIA S A HELM FINANCIAL
SERVICES, BANCOLOMBIA S A |
|
Activity Code |
G513900 - Wholesale of household goods |
|
Activity |
COMERCIALIZACION DE PRODUCTOS |
|
Exporter |
NO |
|
Importer |
YES |
|
Establishments |
1 |
|
Status |
TRADING |
|
Status Date |
24/10/2003 |
Synthesis
|
Financial Situation |
GOOD |
|
Typology |
VERY SMALL SCALE SELF- EMPLOYED BUSINESS |
|
Background |
UPPER TO THE AVERAGE |
|
Incidents |
NON-EXISTENT OR SLIGHTLY SIGNIFICANT |
|
Credit Opinion |
RECOMMENDED UP TO 2.905.063,94 COLOMBIAN
PESO |
|
Informa Rating |
53 / 100 MODERATE TO LOW RISK Analysis carried out on 27/12/2006 |
|
Informa Rating Evolution |
08/2006 - 53 / 100
MODERATE TO LOW RISK 07/2006 - 53 / 100
MODERATE TO LOW RISK 02/2006 - 53 / 100
MODERATE TO LOW RISK 04/2005 - 53 / 100
MODERATE TO LOW RISK 07/2004 - 53 / 100
MODERATE TO LOW RISK |
Establishments
|
ICI |
1700091003500001 |
|
|
Name |
YASHASYA INDIA |
|
|
Business Address |
BOGOTA |
|
|
Trade establishments |
Type of Operation: |
ASSETS - DIRECT OPERATIONS |
|
|
Situation Date: |
13/02/2006 |
|
|
Affected by Legal Orders (Y/N): |
N |
Financial Elements
|
|
(COLOMBIAN PESO, UNIDADES) |
Balance 2005 (12)
|
Balance 2004 (12)
|
Balance 2003 (12)
|
|
|
Closing Date |
31/12/2005 |
31/12/2004 |
31/12/2003 |
|
|
Balance Type |
COMPLETE |
COMPLETE |
COMPLETE |
|
|
Source |
C.C. BOGOTA |
C.C. BOGOTA |
C.C. BOGOTA |
|
|
Sales |
0,00 |
0,00 |
0,00 |
|
|
Results |
0,00 |
0,00 |
0,00 |
|
|
Capital |
87.000.000,00 |
1.000.000,00 |
1.000.000,00 |
|
|
CP Liabilities |
0,00 |
0,00 |
0,00 |
|
|
Circulating Assets |
87.000.000,00 |
1.000.000,00 |
1.000.000,00 |
|
|
Total Assets |
87.000.000,00 |
1.000.000,00 |
1.000.000,00 |
|
|
|
|||
|
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Last Balance: |
31/12/2005 |
||
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|
Figures for the last balance from: |
C.C. BOGOTA |
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||
External Activity
|
Activity |
Year |
Operation
Percentage |
Countries |
|
DO NOT EXPORT |
2006 |
|
|
|
IMPORTS |
2006 |
100 % |
INDIA |
Negative Information
Payment Irregularities
No found
Legal Irregularities
No
records found
Public Competition Procedures
No
records found
Company Obligations
|
Type of
Obligación |
Period |
Situation |
Information Date |
Publication Date |
Source |
|
DUTY OF REGISTRATION UPDATE |
2006 |
COMPLIED WITH |
13/02/2006 |
13/02/2006 |
C.C. BOGOTA |
|
DUTY OF REGISTRATION UPDATE |
2005 |
COMPLIED WITH |
18/04/2005 |
18/04/2005 |
C.C. BOGOTA |
|
DUTY OF REGISTRATION UPDATE |
2004 |
COMPLIED WITH |
30/03/2004 |
30/03/2004 |
C.C. BOGOTA |
Main Administrators
|
Position |
Surnames and
first name |
Cell |
Date of
appointment |
|
OWNER |
AGGARWAL
RAJINDER, PRASAD |
632010178 |
24/10/2003 |
Aditional Comments
The company and its managers are not listed on
the US Department of the Treasury Foreign Narcotics Kingpin Designation Act.
(Clinton List).
Person interviewed: Tharut Aggarwal,
Administrator. Deneg to provide informacin financier when not knowing the adressee final the study.
Balance Sheet (ASSETS)
|
(COLOMBIAN PESO, UNIDADES) |
2005(12) |
2004(12) |
2003(12) |
|
Source |
C.C. BOGOTA |
C.C. BOGOTA |
C.C. BOGOTA |
|
A - Liquid Assets |
87.000.000,00 |
1.000.000,00 |
1.000.000,00 |
|
Shareholders by Unrequired Payments |
n.a. |
n.a. |
n.a. |
|
Cash |
n.a. |
n.a. |
n.a. |
|
Customers |
n.a. |
n.a. |
n.a. |
|
Accounts collectable from shareholders |
n.a. |
n.a. |
n.a. |
|
Accounts collectable various |
n.a. |
n.a. |
n.a. |
|
Provision for defaulting accounts |
n.a. |
n.a. |
n.a. |
|
Temporary Investments |
n.a. |
n.a. |
n.a. |
|
Deferred |
n.a. |
n.a. |
n.a. |
|
General Stock |
n.a. |
n.a. |
n.a. |
|
Merchandise |
n.a. |
n.a. |
n.a. |
|
Finished products |
n.a. |
n.a. |
n.a. |
|
Products in process |
n.a. |
n.a. |
n.a. |
|
Raw materials |
n.a. |
n.a. |
n.a. |
|
Short-term own shares |
n.a. |
n.a. |
n.a. |
|
Other current assets |
n.a. |
n.a. |
n.a. |
|
B - Fixed Assets |
0,00 |
0,00 |
0,00 |
|
Property, Plant and Equipment |
0,00 |
0,00 |
0,00 |
|
Intangibles |
n.a. |
n.a. |
n.a. |
|
Permanent investments |
n.a. |
n.a. |
n.a. |
|
Long-term debtors |
n.a. |
n.a. |
n.a. |
|
Long-term deferred debt |
n.a. |
n.a. |
n.a. |
|
Own shares |
n.a. |
n.a. |
n.a. |
|
Valuations |
0,00 |
0,00 |
0,00 |
|
Other fixed assets |
0,00 |
0,00 |
0,00 |
|
Total Assets |
87.000.000,00 |
1.000.000,00 |
1.000.000,00 |
Balance Sheet (Liabilities +
Capital)
|
(COLOMBIAN PESO, UNIDADES) |
2005(12) |
2004(12) |
2003(12) |
|
Source |
C.C. BOGOTA |
C.C. BOGOTA |
C.C. BOGOTA |
|
A - Short Term Liabilities |
0,00 |
0,00 |
0,00 |
|
Financial Obligations |
n.a. |
n.a. |
n.a. |
|
Suppliers |
n.a. |
n.a. |
n.a. |
|
Accounts payable |
n.a. |
n.a. |
n.a. |
|
Taxes to be paid |
n.a. |
n.a. |
n.a. |
|
Estimated liabilities and provisions |
n.a. |
n.a. |
n.a. |
|
Labour Obligations |
n.a. |
n.a. |
n.a. |
|
Short-Term Deferred Payments |
n.a. |
n.a. |
n.a. |
|
Bonds and Trade Bills |
n.a. |
n.a. |
n.a. |
|
Other Short-Term Liabilities |
n.a. |
n.a. |
n.a. |
|
B - Long-Term Liabilities |
0,00 |
0,00 |
0,00 |
|
Financial Obligations |
n.a. |
n.a. |
n.a. |
|
Accounts Payable in the Long Term |
n.a. |
n.a. |
n.a. |
|
Estimated liabilities and provisions |
n.a. |
n.a. |
n.a. |
|
Long-Term Deferred Payments |
n.a. |
n.a. |
n.a. |
|
Bonds and Trade Bills |
n.a. |
n.a. |
n.a. |
|
Other Long-Term Liabilities |
n.a. |
n.a. |
n.a. |
|
Total Liabilities |
0,00 |
0,00 |
0,00 |
|
C - Net Capital |
87.000.000,00 |
1.000.000,00 |
1.000.000,00 |
|
Capital |
0,00 |
0,00 |
0,00 |
|
Issue Premium |
n.a. |
n.a. |
n.a. |
|
Capital Surplus |
n.a. |
n.a. |
n.a. |
|
Capital Appreciation |
n.a. |
n.a. |
n.a. |
|
Reserves |
n.a. |
n.a. |
n.a. |
|
Statutory Reserves |
n.a. |
n.a. |
n.a. |
|
Legal Reserves |
n.a. |
n.a. |
n.a. |
|
Other Reserves |
n.a. |
n.a. |
n.a. |
|
Share dividends |
n.a. |
n.a. |
n.a. |
|
Yearly result (profit and loss) |
0,00 |
0,00 |
0,00 |
|
Result from previous years |
87.000.000,00 |
1.000.000,00 |
1.000.000,00 |
|
Result after inflation |
n.a. |
n.a. |
n.a. |
|
Appreciation surplus |
n.a. |
n.a. |
n.a. |
|
Total Liabilities + Capital |
87.000.000,00 |
1.000.000,00 |
1.000.000,00 |
Profit and Loss Account
|
(COLOMBIAN PESO, UNIDADES) |
2005(12) |
2004(12) |
2003(12) |
|
Source |
C.C. BOGOTA |
C.C. BOGOTA |
C.C. BOGOTA |
|
Total Operating Revenue |
0,00 |
0,00 |
0,00 |
|
Operating Revenue |
n.a. |
n.a. |
n.a. |
|
Sales |
0,00 |
0,00 |
0,00 |
|
Other Operating Revenue |
n.a. |
n.a. |
n.a. |
|
Total Operating Costs |
n.a. |
n.a. |
n.a. |
|
Purchases |
0,00 |
0,00 |
0,00 |
|
Personnel Expenditure |
n.a. |
n.a. |
n.a. |
|
Costs of Third-Party Services |
n.a. |
n.a. |
n.a. |
|
Stock Appreciation |
n.a. |
n.a. |
n.a. |
|
Provisions for Depreciation |
n.a. |
n.a. |
n.a. |
|
Traffic provision variation |
n.a. |
n.a. |
n.a. |
|
Other Operating Costs |
n.a. |
n.a. |
n.a. |
|
Operating Result |
0,00 |
0,00 |
0,00 |
|
Total Financial Revenue |
n.a. |
n.a. |
n.a. |
|
From Companies in the Group |
n.a. |
n.a. |
n.a. |
|
From associated companies |
n.a. |
n.a. |
n.a. |
|
Other financial revenue |
n.a. |
n.a. |
n.a. |
|
Profits from Financial Investment |
n.a. |
n.a. |
n.a. |
|
Positive Exchange Differences |
n.a. |
n.a. |
n.a. |
|
Total Financial Costs |
n.a. |
n.a. |
n.a. |
|
From debts to companies in the Group |
n.a. |
n.a. |
n.a. |
|
From debts to affiliate companies |
n.a. |
n.a. |
n.a. |
|
From other debts |
n.a. |
n.a. |
n.a. |
|
Financial Investment Losses |
n.a. |
n.a. |
n.a. |
|
Investment Provision Variation |
n.a. |
n.a. |
n.a. |
|
Exchange Differences |
n.a. |
n.a. |
n.a. |
|
Financial Results |
n.a. |
n.a. |
n.a. |
|
Total Extraordinary Revenue |
n.a. |
n.a. |
n.a. |
|
Profits from alienation of fixed assets |
n.a. |
n.a. |
n.a. |
Profit and Loss Account
(Continuación)
|
(COLOMBIAN PESO, UNIDADES) |
2005(12) |
2004(12) |
2003(12) |
|
Source |
C.C. BOGOTA |
C.C. BOGOTA |
C.C. BOGOTA |
|
Share operation profits |
n.a. |
n.a. |
n.a. |
|
Transferred Capital Subsidies |
n.a. |
n.a. |
n.a. |
|
Other extraordinary revenue |
n.a. |
n.a. |
n.a. |
|
Profit and Revenue carried over |
n.a. |
n.a. |
n.a. |
|
Total Extraordinary Costs |
n.a. |
n.a. |
n.a. |
|
Fixed Asset Provision Variation |
n.a. |
n.a. |
n.a. |
|
Losses from Fixed Assets |
n.a. |
n.a. |
n.a. |
|
Losses due to share operations |
n.a. |
n.a. |
n.a. |
|
Extraordinary Costs |
n.a. |
n.a. |
n.a. |
|
Costs and Losses Carried Over |
n.a. |
n.a. |
n.a. |
|
Extraordinary Results |
n.a. |
n.a. |
n.a. |
|
Total Revenue |
n.a. |
n.a. |
n.a. |
|
Total Costs |
n.a. |
n.a. |
n.a. |
|
Result before taxes |
n.a. |
n.a. |
n.a. |
|
Taxes |
n.a. |
n.a. |
n.a. |
|
Adjustment for inflation |
n.a. |
n.a. |
n.a. |
|
Result for the Year |
0,00 |
0,00 |
0,00 |
Main Ratios
|
|
2005 |
2004 |
2003 |
|
EVOLUTION |
|
|
|
|
Turnover Evolution |
|
|
|
|
Net Results Evolution |
|
|
|
|
PROFITABILITY |
|
|
|
|
Profitability |
|
|
|
|
Operational Profitability |
|
|
|
|
Net worth Profitability |
0,00 % |
0,00 % |
0,00 % |
|
Total Assets Profitability |
0,00 % |
0,00 % |
0,00 % |
|
Financial Assets Coverage |
|
|
|
|
INDEBTEDNESS |
|
|
|
|
Debt Ratio |
0,00 % |
0,00 % |
0,00 % |
|
Short Term Debts |
|
|
|
|
Indebtedness without revaluation |
|
|
|
|
Financial Leverage |
|
|
|
|
Financial Assets |
|
|
|
|
CASH |
|
|
|
|
Working Capital |
87.000.000,00 |
1.000.000,00 |
1.000.000,00 |
|
Current ratio |
|
|
|
|
Acid Test |
|
|
|
|
Immediate Availability |
|
|
|
|
EFICIENCY |
|
|
|
|
Portfolio Recovery Days |
|
|
|
|
Creditors Days |
|
|
|
|
Stock Rotation Days |
|
|
|
|
Operational Cicle Days |
|
|
|
|
Fixed Assets Turnover |
0,00 |
0,00 |
0,00 |
Macroeconomic Information
|
|
Value |
Date |
|
Exchange Ratio |
2.229,28 |
27/12/2006 |
|
Up to 12 months Devaluation |
8,68 |
31/05/2006 |
|
GDP |
5,13 |
25/04/2006 |
|
Up to 12 months
Inflation |
4,12 |
31/05/2006 |
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 |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
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 |
|
NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
|