MIRA
INFORM REPORT
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Report Date : |
09.01.2007 |
IDENTIFICATION
DETAILS
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Name : |
GBB (INTERCARE) PHARMACEUTICALS AND
CHEMICALS INC |
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Registered Office : |
203 Garmer Bldg Cor JP Rizal and C
Raymundo Aves Pasig City |
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Country : |
Philippines |
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Date of Incorporation : |
2003 |
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Legal Form : |
Private |
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Line of Business : |
Manufacturing / repacking goods such as
pharmaceuticals, galenicals, food supplement, cosmetics and hazardous
products |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown
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Litigation : |
Clear |
SUMMARY
Country : Philippines
Company name : GBB (INTERCARE) PHARMACEUTICALS AND CHEMICALS INC
Office address : 203 Garmer Bldg Cor JP Rizal and C Raymundo Aves Pasig City
Office tel : 6281518
Office fax : 6414575
Business type : Manufacturer
Industry : Medical Equipment & Pharmaceutical
Established : 2003
OWNERSHIP
Chairman: Mr Gina-amparo Jainani
Nationality: Philippines
Capital: 1,000,000
Corporate formation: Private
COMPANY MANAGEMENT
President Ms Gina-amparo Jainani
Nationality: Philippines
Chairman Mr Gerardo B Billedo
Nationality: Philippines
Treasurer Mr Eden S Billedo
Nationality: Philippines
Director Mr Kenneth Gerry S Billedo
Nationality: Philippines
Director Mr Anthony S Billedo
Nationality: Philippines
Director Ms Mary Gcrarden Ritz S Billedo
Nationality: Philippines
Director Mr Chandru Kishinchand Jainani
Nationality: India
Vice President Mr Ramon C Ardiente
Nationality: Philippines
Director Mr Hermina D Abiera
Nationality: Philippines
FINANCIAL DESCRIPTION
*Credit Risk Assessment*
=======================
Risk Index : Medium
*Credit Opinion*
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Credit of a moderate amount can proceed normally.
*Credit Assessment*
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The company is considered average sized company with an acceptable base and market connection to secure credit of a moderate amount.
*Capital Details*
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Par Share value : P $ 100.00/-each
Authorized capital : P$ 1,000,000 divided into 10,000 ordinary shares
Paid-up capital : P$ 62,500
*Financials*
=========
As a private limited company, no official financial statement is required to be publicly disclosed.
Upon our current contact, while the company's staff refused to forward any financial information regarding the company on the grounds that the company is a private venture whose financial information is considered sensitive private business information not subjected to public release or release to non-business related parties.
*Lodgment of Annual Returns*
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Year ending : 2006
Last filing date : 11 January, 2006
*Reputation*
==========
Reference checking for the purpose of establishing the firm's reputation within the respective industry failed to reveal any negative information.
*Payment Terms*
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Sales
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Local : Cash on Delivery (COD)
Credit
Export : Letter of Credit (L/C)
Telegraphic Transfer (T/T)
Purchases
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Local : Cash on Delivery (COD)
Credit
Import : Letter of Credit (L/C)
Telegraphic Transfer (T/T)
*Company Registration *
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Company Name : GBB (Intercare) Pharmaceuticals And Chemicals, Inc.
License number : CS200340138
Date issued : 23 October, 2003
Corporate T.I.N. : 186-670-485
Legal form : Limited liability company
Issuing authority : Philippines Securities & Exchange Commission
*Change of Company Name*
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No record
PRODUCT, TECHNOLOGY,
SERVICE DESCRIPTION
*Main Products & Services*
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Specializes in manufacturing/repacking goods such as pharmaceuticals, galenicals, food supplement, cosmetics and hazardous products and to trade the same on wholesale/retail basis.
ORGANIZATION
STRUCTURE
*Key Personnel*
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(1)
Gina Amparo Jainani
Position : President
Resident status : Philippines nationality
ID no/Passport no : Holder of Philippines ID no. 181-202-139
Responsibilities : Currently active in the company's day-to-day operations & is responsible for its management.
Registered address: No. 10 Zinia St., Valle Verde II, Brge. Ugong Pasig City.
(2)
Eden S. Billedo
Position : Treasurer/ Corporate Secretary
Resident status : Philippines nationality
ID no/Passport no : Holder of Philippines ID no. 153-735-420
Responsibilities : Currently active in the company's day-to-day operations & is responsible for its management.
Registered address: No.4 Notredame St., Eastside Mariors, Brgy, Maybunga Pasig City
TRADE REFERENCES
*Domestic Suppliers*
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Part of the company's materials are sourced from locally corporations
RELATED PARTIES
DESCRIPTION
*Major Shareholders*
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Shareholder Name No of Shares
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Gina Amparo Jainani 700
Gerardo B. Billedo 500
Chandru Kishinchand Jainani 595
Eden S. Billedo 150
Kenneth Gerry S. Billedo 150
Anthony S. Billedo 150
Mary Gcrarden Ritz S. Billedo 125
Ramon C. Ardiente 125
*Shareholders' Details*
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(1)
Gina Amparo Jainani
Address: No. 10 Zinia St., Valle Verde II, Brge. Ugong Pasig City.
(2)
Gerardo B. Billedo
Address: No.4 Notredame St., Eastside Mariors, Brgy, Maybunga Pasig City
(3)
Chandru Kishinchand Jainani
Address: No. 10 Zinia St, Valle Verde II, Brgy, Ugong Pasig City
(4)
Eden S. Billedo
Address: No.4 Notredame St., Eastside Mariors, Brgy, Maybunga Pasig City
(5)
Kenneth Gerry S. Billedo
Address: No.4 Notredame St., Eastside Mariors, Brgy, Maybunga Pasig City
(6)
Anthony S. Billedo
Address: No.4 Notredame St., Eastside Mariors, Brgy, Maybunga Pasig City
(7)
Mary Gcrarden Ritz S. Billedo
Address: No.4 Notredame St., Eastside Mariors, Brgy, Maybunga Pasig City
(8)
Ramon C. Ardiente
Address: 36-A Sociego St, Tenajeros Malabon, Metro Manila.
*Directors' Details*
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(1)
Gina Amparo Jainani
(2)
Gerardo B. Billedo
Resident status : Philippines nationality
ID no/Passport no : Holder of Philippines ID no. 102-271-312
Responsibilities : Currently active in the company's day-to-day operations & is responsible for its management.
Registered address: No.4 Notredame St., Eastside Mariors, Brgy, Maybunga Pasig City
(3)
Kenneth Gerry S. Billedo
Resident status : Philippines nationality
ID no/Passport no : Holder of Philippines ID no. 169-373-369
Responsibilities : Currently active in the company's day-to-day operations & is responsible for its management.
Registered address: No.4 Notredame St., Eastside Mariors, Brgy, Maybunga Pasig City
(4)
Anthony S. Billedo
Resident status : Philippines nationality
ID no/Passport no : Holder of Philippines ID no. 917-759-164
Responsibilities : Currently active in the company's day-to-day operations & is responsible for its management.
Registered address: No.4 Notredame St., Eastside Mariors, Brgy, Maybunga Pasig City
(5)
Mary Gcrarden Ritz S. Billedo
Resident status : Philippines nationality
ID no/Passport no : Holder of Philippines ID no. 102-271-312
Responsibilities : Currently active in the company's day-to-day operations & is responsible for its management.
Registered address: No.4 Notredame St., Eastside Mariors, Brgy, Maybunga Pasig City
(6)
Chandru Kishinchand Jainani
Resident status : Philippines nationality
ID no/Passport no : Holder of India ID no. 177-470-546
Responsibilities : Currently active in the company's day-to-day operations & is responsible for its management.
Registered address: No. 10 Zinia St, Valle Verde II, Brgy, Ugong Pasig City
(7)
Ramon C. Ardiente
Resident status : Philippines nationality
ID no/Passport no : Holder of Philippines ID no. 156-247-569
Responsibilities : Currently active in the company's day-to-day operations & is responsible for its management.
Registered address: 36-A Sociego St, Tenajeros Malabon, Metro Manila.
(8)
Hermina D. Abiera
Resident status : Philippines nationality
ID no/Passport no : Holder of Philippines ID no. 166-681-714
Responsibilities : Currently active in the company's day-to-day operations & is responsible for its management.
Registered address: Blk 150 Lot 22, Contreras St, Central Bicutan, TaguigCity.
LOCAL DISTRIBUTION
& WAREHOUSING
*Local Distribution Network*
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Part of the annual turnover is attributed to local sale to corporations.
*Imports*
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Part of the company's materials are imported from Asia and Europe.
INTERNATIONAL TRADE
ACTIVITY DESCRIPTION
*Export Markets*
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Part of the annual turnover is attributed to export to the following countries:
- Asia
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 |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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