MIRA
INFORM REPORT
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Report Date : |
27.09.2007 |
IDENTIFICATION DETAILS
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Name : |
FRANCO SUISSA IMPORTAÇÃO, EXPORTAÇÃO E
REPRESENTAÇÕES LTDA |
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Registered Office : |
Rua Machado Bitencourt, 392 – |
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Country : |
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Financials (as on) : |
31.12.206 |
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Date of Incorporation : |
November 22, 1960 |
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Com. Reg. No.: |
35.201.105.411 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Wholesale trade of drink and victuals |
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 |
Company name
FRANCO SUISSA IMPORTAÇÃO, EXPORTAÇÃO E
REPRESENTAÇÕES LTDA.
Address
Rua Machado Bitencourt, 392 –
04044-0001 – São Paulo/SP - Brasil
Phone: (55-11)
5549-7599
Fax: (55-11)
5549-0305
E-mail: alfredosrour@francosuissa.com.br
Web Site: www.francosuissa.com.br
Legal information
Legal Status: Private Limited Company
Incorporation date: November 22, 1960
Register number: 35.201.105.411
Tax contributor (CNPJ): 61.130.373/0001-71
Registered capital: R$1.505.322,00
State Registration #: 104.358.300.117
Municipal Registration#: 1.211.121-0
Number of employees: 20
History
Established on November 22, 1960, chartered at the State Commerce Registration Office of São Paulo (JUCESP) under # 35.201.105.411, into the present registered name.
Partnership
/ Management:
Aref Claude Joseph Srour - 73,91%
(joined
01/1961), Brazilian, Married, CPF: 033.384.798-91
Joyce Saphir Srour - 26,00%
(joined 11/1977), Brazilian, Married, CPF: 069.132.278-33
Properties
Premises from which it operates is rented.
Registered
line of business:
Wholesale trade of drink and victuals
Import
countries:
Main
Products:
Export
countries:
Not export.
Related Companies
Stock
participation:
LINLEY HOUSE
- Aref Claude Joseph Srour - 50,0%
- Joyce Saphir Srour - 50,0%
MAISON LAFITE IMPORTAÇÃO E COM.LTDA. - CNPJ: 43.135.938/0001-21
- Aref Claude Joseph Srour - 74,4%
- Joyce Saphir Srour - 25,6%
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:
31/12/2006 – US$1.00 = R$2,138
Figures are in Reais R$:
Assets
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2006 |
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Current Assets |
3.706.758,53 |
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Inventory |
829.062,99 |
Other Assets
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2.877.695,54 |
Long Term
Assets
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857.088,55 |
Fixed
Assets
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289.572,27 |
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Immovable |
289.572,27 |
Total Assets
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4.853.419,35 |
Liabilities
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2006 |
Current
Liabilities
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951.642,39 |
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Suppliers |
307.602,72 |
Other liabilities
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644.039,67 |
Net Equity
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3.901.776,96 |
Capital
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1.505.322,00 |
Reserves
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2.105.705,11 |
Accumulated Profit (Loss)
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290.749,85 |
Total
Liabilities
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4.853.419,35 |
Income Statement
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2006 |
Annual Gross
Sales
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3.242.848,49 |
Annual Net
Sales
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2.392.532,82 |
Gross
Income
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1.047.151,59 |
Operating
Income
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160.049,91 |
Net Income
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149.112,77 |
Financial Analysis
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2006 |
Current Ratio
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3,89 |
Current Debt Ratio
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0,24 |
Total Debt Ratio
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1,24 |
Working Capital
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$2.755.116,14 |
(Dollar rate US$1.00 = R$1,866 on 25/09/2007).
Banking
Banco Bradesco S/A. - branch
0548-7 - São Paulo/SP
Banco Itaú S/A. -
branch 0368 - São Paulo/SP
Remark
: banking
comments could not be obtained due to legal restrictions from the Brazilian
Law.
No returned checks were found either in the name of the company.
Insurance
Not informed.
Payment information
Information obtained from outside sources
and public consulted.
03 Invoices
Information on purchases:
JUN/2007 Last: R$36 Average: R$109
Information on invoicing:
JAN/2007 Highest: R$183 Average: R$109
Information on accumulation:
JAN/2007 Highest: R$183 Average: R$109
100% - Prompt payments
Trade References
Main
Suppliers:
Not informed.
Main
clients:
Not informed.
Public Records
Information
Negative information was found.
02 Due debts don’t pag:
04/06/2005 R$ 484,00 Tim
Celular
04/11/2004 R$1.455,00 Tim Celular
Remarks
Subject provided general information and financial figures.
Others sources: public records consulted
Final Opinion
The company can be considered normal for business dealings at usual
trade terms and conditions.
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. |
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%)