MIRA
INFORM REPORT
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Report Date : |
13.06.2007 |
IDENTIFICATION DETAILS
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Name : |
TOTAL PHARMA CORPORATION LTDA. |
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Registered Office : |
Barrio Tournon frente al Hotel Villas Tournon, Oficinas del, Bufete
Facio y Cañas, |
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Country : |
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Date of Incorporation : |
19.11.2005 |
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Legal Form : |
Limited Liability Partnership |
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Line of Business : |
The company has been registered to dedicate to the commerce and
industry in general. Apparently, it
would be an off shore company. |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
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IDENTIFICATION
CORRECT COMPANY
NAME :
TOTAL PHARMA CORPORATION LTDA.
TAXPAYER
REGISTRATION : CJ 3102424614
OPERATING STATUS : Active
MAIN ADDRESS :
Barrio
Tournon frente al Hotel Villas Tournon, Oficinas del
Bufete Facio y
Cañas
COUNTRY :
TELEPHONE :
(506)256.5555
FAX : (506)271.2454
WEB SITE : nil
COMMENTS -
Verified the address and telephone numbers above indicated belong to the
law firm FACIO Y CAÑAS, whose partner Lic. Fernán José Pacheco Alfaro is the
Registered Agent of TOTAL PHARMA CORPORATION LTDA.
Tried to get a telephone number of this company to arrange an interview
with its representatives but unsuccessfully, as there are not telephone numbers
listed under the name of this company. It is not listed either in telephone
guides and/or in business directories of the country.
After an exhaustive search made, only in the Public Registry of Panama
we got some incorporation data about this company.
Due to the difficulties we have met in locating the subject, we estimate
it is an offshore company which does not
operate in
SUMMARY
Incorporation : 2005
Operating Status : Active
Last Capital : C/.12,000.= Colones
QUALIFICATION
RATING : COMPANY REFUSED
INFORMATION
PAYMENTS : NO FURTHER CREDIT
EXPERIENCE AVAILABLE
LEGAL
BACKGROUNDS
LEGAL STATUS :
Limited
Liability Partnership
DATE OF
INCORPORATION : 19NOV2005
DURATION : 100 years (from 19.11.2005)
CURRENT PAID-IN
CAPITAL : C/.12,000.=
Colones
TYPE OF SHARES :
Profit
sharing
LISTED AT STOCK EXCHANGE:
No
SHARE VALUE :
C/.1,000.=
Colones
CURRENT EXCHANGE
RATE :
C/.517.93
per 1.00 US Dollar
COMMENTS -
Based on our enquiries we should indicate the subject is not affiliated
to the main chambers or associations of the country.
No information relative to the shareholder structure of the company was
obtained. In
According to the company's by laws, the Manager represents the company
judicially and in out-of-court matters with unlimited powers vested in him.
HISTORY
No historical records of company are maintained in databases or files.
DIRECTORS /
EXECUTIVES / SHAREHOLDERS
FULL NAMES /
COMPANY NAME TITLE
MORA
PACHECO ALFARO, FERNAN JOSE Registered Agent
WHO IS WHO ?
MORA
BORN : 1944
DOC. OF IDENT. : CI 600650797
CIVIL STATUS
: Married
LABOR AND/OR BUSINESS BACKGROUNDS .-
Tel: (506) 2712454/3650393. Fax: (506) 271.2454.
Associated as per
our database to :
Company Title Tax. Reg. Country
EUROCHEMICAL INDUSTRIES INCORPORATED LIMITA Representative 3102412655
PACHECO ALFARO,
FERNAN JOSE
BORN : 1964
DOC. OF IDENT. : CI 106370435
PROFESSION
: Attorney at law and Notary (1989)
E - MAIL
: fpacheco@fayca.com
CIVIL STATUS
: Divorced
LABOR AND/OR BUSINESS BACKGROUNDS .-
Forms part of the law firm FACIO & CAÑAS, since year 1989.
P.O.Box : 5173-1000,
RELATED
COMPANY(IES)
Extra-officially, we know subject would be related to the following
enterprises:
- KAIN HOLDINGS LTDA.
- INVERSIONES VARGAMORA S.A.
- EUROCHEMICAL INDUSTRIES INCORPORATED LTDA.
BUSINESS
MAIN ACTIVITY -
The company has been registered to dedicate to the commerce and industry
in general. Apparently, it would be an
off shore company.
FACILITIES -
Use : Legal domicile of subject and offices of the
law firm Facio y Cañas.
Remarks and other Premises -
Regarding the offices of the registered agent are located in one of the
most important law firms of the country (Facio y Cañas), in the center of the
Although the subject fixes its legal domicile at this address,
apparently, it would not operate and would not have offices in
According to our conversation with the Secretary of the Registered Agent
of the company, she stated she neither her boss were going to provide any
information about the company, but promised they would be consulting their
client and letting us know the results. However, to this hour no definitive
response has been obtained from them.
FINANCIAL INFORMATION
Both the Registered Agent and his Assistant informed to us they were not
authorized to provide any information regarding the company, but asked us to
send them a written request that they would pass to the owners of the subject
company. However, in spite of several days that have passed and in spite of our
insistence we have not gotten a definitive response from them.
So in order not to delay our investigation further, we decided to
forward to you the data accumulated from indirect consulting sources.
PROPERTIES OF THE
COMPANY -
There are not real estate properties or vehicles registered in the name
of this company.
INSURANCE -
No information relative to insurance policies was obtained.
PAYMENTS RECORD
TRADE REFERENCES –
COMMENTS -
Subject lacks commercial references in the local market.
LAWSUITS ? -
No lawsuits or judgements were found recorded against this company.
BANKING INFORMATION
BANKERS
No banking information available from databases and other consulted
sources we had access to.
It should be mentioned banking system in
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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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)