MIRA
INFORM REPORT
|
Report Date : |
27th
January, 2007 |
IDENTIFICATION
DETAILS
|
Name : |
MOTA
& DAVID LDA |
|
|
|
|
Registered Office : |
Rua da
Cancela Velha, 26 |
|
|
|
|
Country : |
Portugal |
|
|
|
|
Financials (as on) : |
31.12.2005 |
|
|
|
|
Date of Incorporation : |
29.11.1981 |
|
|
|
|
Com. Reg. No.: |
36632 |
|
|
|
|
Legal Form : |
Private
Limited Company |
|
|
|
|
Line of Business : |
Wholesale
of textiles & other 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 |
|
Maximum Credit Limit : |
37.410,00
Euros |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
Identification
|
Name |
MOTA
& DAVID LDA |
|
IIC
Number |
90344 |
|
Address |
Rua da
Cancela Velha, 26 |
|
Locality |
AVINTES |
|
Municipality |
VILA
NOVA DE GAIA |
|
Telephone |
227878800 |
|
Fax |
227878829 |
|
E-Mail |
motaedavid@motaedavid.pt |
|
C.A.E. |
51410-
Wholesale of textiles |
|
C.A.E. |
51474-
Wholesale of other household goods |
|
V.A.T.
Number / NIF |
501285270 |
|
Postal
Code |
4430-660-AVINTES |
|
District |
PORTO |
All the amounts are express in Euros,
otherwise you will be advised
Summary
|
Legal
Form |
Private
Limited Company |
|
Constitution
|
29-11-1981 |
|
Employees
|
30 |
|
Sales
in : 31-12-2005 |
6.116.386,00 |
|
Credit
|
Recommended
|
|
Condition
|
Normal
|
|
Financing
|
Not
Determined |
|
Rating
|
EE3 |
|
Actual
Condition |
In
activity |
|
V.A.T.
Number / NIF |
501285270 |
|
Capital
|
698.317,06 |
|
Shareholders
Funds in: 31-12-2005 |
1.669.230,00 |
|
Credit
Limit |
37.410,00 |
|
Tendency
|
Stationary
|
|
Payments
|
Good |
Management Bodies
|
AVELINO
ALFREDO ALVES DA MOTA |
Managing-Partner
|
|
PABLO
FISAS AYXELA |
Manager
|
|
CARLOS
HENRIQUES DE MATOS DAVID |
Managing-Partner
|
|
.EMIDIO
MIGUEL BARGALLO |
Manager
|
Banks and Financial Institutions
|
BANCO
ESPIRITO SANTO, SA |
Vila
Nova de Gaia |
|
MILLENNIUM
BCP |
Carvalhos |
|
MILLENNIUM
BCP |
Vila
Nova de Gaia |
Historical
|
Registed
on the Register Record Office of Vila Nova de Gaia with the Register Number
36632 in 29-11-1981 |
|
Constitution
celebrated in 29-11-1981 published on Diário da República number 62 of
16-03-1982 |
|
To
oblige the company it is necessary 1 signatures |
Changes to Society
|
In
22-04-1996 on Diário da República number 102 of 03-05-1997 capital change |
Capital
The Capital is 698.317,06 with
the following distribution
|
AVELINO
ALFREDO ALVES DA MOTA |
261.519,74 |
37,45 |
|
SATI
GRUPO TEXTIL SA |
175.277,58 |
25,1% |
|
CARLOS
HENRIQUES DE MATOS DAVID |
261.519,74 |
37,45 |
Biographies
|
Name |
AVELINO
ALFREDO ALVES DA MOTA |
|
Funtion |
Managing-Partner
|
|
Address |
Rua
Gonçalves de Castro - Pedroso |
|
Locality |
CARVALHOS |
|
Birth Date |
25-02-1953 |
|
Previous Connections |
Foi
empresario em nome invidual |
|
Professional Connections |
The
subject has connections with the following company (ies) |
|
|
NORCAMP-CONSTRUCAO
E ADMINISTRACAO DE IMOVEIS SA as Administrator . |
|
|
|
|
Name |
PABLO FISAS AYXELA |
|
Funtion |
Manager
|
|
Address |
Mossen
Esteve Carbonell, 5 casa 2 - Esplugues de Llobregat |
|
Locality |
Espanha |
|
Civil State |
Married
|
|
Professional Connections |
The
subject has connections with the following company (ies) |
|
|
NORCAMP-CONSTRUCAO
E ADMINISTRACAO DE IMOVEIS SA as Administrator . |
|
|
|
|
Name |
CARLOS
HENRIQUES DE MATOS DAVID |
|
Funtion |
Managing-Partner
|
|
|
|
|
Name |
.EMIDIO
MIGUEL BARGALLO |
|
Funtion |
Manager
|
|
Address |
Pau
Casals, 7 casa 4 Sant Just Desvern |
|
Civil State |
Married
|
Shareholders / Partners Companies
|
IIC
Number |
1058422 |
|
NAME |
SATI
GRUPO TEXTIL SA |
|
Funtion
|
Partner
|
|
Address
|
Ctra.Ribes,
s/n - 08530 - La Garriga - Barcelona |
|
Locality
|
Espanha |
|
E-Mail
|
comercial@sati.es |
Vehicles
|
Trade Mark |
Quantity |
License Number |
|
Possui
veiculos |
6 |
|
Insurance
|
Company |
|
Império
Bonança Companhia de Seguros SA |
Activities
|
Line of Business |
Percentage |
|
Wholesale
of textiles and wholesale of other household goods |
100% |
|
Type of Clients |
Retailers/Wholesalers
|
|
|
|
Sales Conditions |
Cash/credit
|
|
|
|
Sales Area |
|
|
|
|
Country |
80% |
Foreign
|
20% |
|
Exports |
20% |
|
|
Employees
|
Total |
30 |
Head Office and Installations
|
Head
office Rua da Cancela Velha, 26, AVINTES, 4430-660, AVINTES, Tel:227878800,
Fax:227878829 |
Incidents
Incidents
There
are no of incidents on our database
Credit Recommendation
Consulted
sources say that the subject has been respecting its payments and commercial
commitments, so credit connections with this company are recommended.
Financial Elements
|
|
31-12-2005 |
|
Tangible Assets |
308.117,00 |
|
Stocks
|
2.207.057,00 |
|
Short
Term Receivable |
1.828.746,00 |
|
Banks
and Cash |
16.655,00 |
|
Accruals
and Deferrals |
20.184,00 |
|
Total
Assets |
4.380.759,00 |
|
Shareholder's
Funds |
1.669.230,00 |
|
Short
Term Payable |
2.568.940,00 |
|
Accruals
and Deferrals |
142.588,00 |
|
Total
Liabilities and Shareholder's Funds |
4.380.758,00 |
|
Cost
of Goods and Consumable Materials |
3.789.450,00 |
|
Outside
Supplies and Services |
978.645,00 |
|
Personnel
Costs |
923.154,00 |
|
Sales |
6.116.386,00 |
|
Supplementary
Income |
10.739,00 |
Comparatives
|
|
31-12-2004 |
31-12-2005 |
|
Net
Sales |
6.515.778,00 |
6.116.386,00 |
|
Net
Income For the Year |
112.557,00 |
5.606,00 |
|
Current
Assets |
4.131.081,00 |
4.072.642,00 |
|
Short
Term Payables |
2.667.525,00 |
2.568.940,00 |
|
Cash
Flow |
1.463.556,00 |
1.503.702,00 |
|
Total
Assets |
4.471.432,00 |
4.380.759,00 |
|
Total
Liabilities |
2.807.809,00 |
2.711.528,00 |
|
Shareholders
Funds |
1.663.623,00 |
1.669.230,00 |
|
Personnel
Costs |
883.849,00 |
923.154,00 |
Ratios
|
|
31-12-2004 |
31-12-2005 |
|
FINANCIAL
SITUATION |
|
|
|
General
Liquidity |
1,55 |
1,59 |
|
Immediate
Liquidity |
0,74 |
0,73 |
|
Financial
Autonomy |
0,37 |
0,38 |
|
Solvency
|
0,59 |
0,62 |
|
RENTABILITY
|
|
|
|
Sales
Rentability |
1,73 % |
0,09 % |
|
Sales
Rate Increase |
|
(6,13) % |
|
EFFICIÊNCY
|
|
|
|
Assets
Turnover |
1,46 |
1,40 |
Balance Sheet and Income
Statement
Balance Sheet
CoinEURO Date31-12-2005
|
|
Gross Assets |
Depreciations / Provisions |
Net Assets |
Tangible Assets
|
Subtotal
|
1.086.689,00 |
778.572,00 |
308.117,00 |
Stocks
|
Subtotal
|
2.319.495,00 |
112.438,00 |
2.207.057,00 |
Short Term Receivable
|
Subtotal
|
2.039.330,00 |
210.584,00 |
1.828.746,00 |
Bank Deposits and
Cash
|
Cash |
2.963,00 |
|
2.963,00 |
|
Bank
Deposites |
13.692,00 |
|
13.692,00 |
|
Subtotal
|
16.655,00 |
|
16.655,00 |
Accruals and
Deferrals
|
Accrued
Income |
1.297,00 |
|
1.297,00 |
|
Deferred
Cost |
18.887,00 |
|
18.887,00 |
|
Subtotal
|
20.184,00 |
|
20.184,00 |
|
|
|
Total
Assets |
5.482.353,00 |
1.101.594,00 |
4.380.759,00 |
Shareholders Funds and
Liabilities
Shareholders Funds
|
Capital
|
698.317,00 |
|
Treasury
Stock: |
|
|
Reserves
: |
|
|
Free |
279.244,00 |
|
Net
Retained |
686.062,00 |
|
Net
Income For the Year |
5.606,00 |
|
Total |
1.669.230,00 |
Short Term Payable
|
Bank
Loans |
1.130.900,00 |
|
Supliers
Fixed Asset |
47.974,00 |
|
State
and Other Public Bodies |
143.567,00 |
|
Other
Creditors |
105.551,00 |
|
Trade
Creditors |
1.140.947,00 |
|
Subtotal
|
2.568.940,00 |
Accruals and Deferrals
|
Accrued
Charges |
142.448,00 |
|
Diferred
Income |
140,00 |
|
Subtotal
|
142.588,00 |
|
TOTAL
LIABILITIES |
2.711.528,00 |
|
TOTAL
LIABILITIES AND SHAREHOLDERS FUNDS |
4.380.758,00 |
Income Statement
Costs and Losses
|
Cost of
: |
|
|
Subtotal
|
3.789.450,00 |
|
Outside
Supplies and Services |
978.645,00 |
|
Personnel
Costs |
|
|
Subtotal
|
923.154,00 |
|
Depreciation
|
82.679,00 |
|
Provisions
|
28.309,00 |
|
Subtotal
|
110.988,00 |
|
Other
Operating Costs |
190.679,00 |
|
Int.
and Similar Costs: |
|
|
Subtotal
|
51.974,00 |
|
Ext.
Costs and Losses |
137.326,00 |
|
Taxation
Over Income |
6.588,00 |
|
Net
Income For the Year |
5.606,00 |
Income and Profits
|
Sales
of : |
|
|
Products
|
6.116.241,00 |
|
Services
Provided |
145,00 |
|
Subtotal
|
6.116.386,00 |
|
Supplementary
Income |
10.739,00 |
|
Subtotal
|
10.739,00 |
|
Trading
Securities Income |
|
|
Int.
and Similar Costs |
|
|
Other |
9.876,00 |
|
Extra
Income and Gains |
57.409,00 |
|
Net
Income For the Year |
5.606,00 |
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 |
|