MIRA INFORM REPORT

 

 

Report Date :

26.04.2008

 

 

IDENTIFICATION DETAILS

 

Name :

GOLGRAN INDÚSTRIA E COMÉRCIO DE INSTRUMENTOS ODONTOLÓGICOS LIMITADA.

 

 

Formerly Known as :

GOLGRAN COMÉRCIO DE INSTRUMENTAL CIRÚRGICO LTDA

 

 

Registered Office :

Rua Maria José Vasconcelos Mankel, 239 Vila Clarisse – ZIP-05176-210 São Paulo/SP

 

 

Country :

Brazil

 

 

Date of Incorporation :

September, 1979

 

 

Com. Reg. No.:

35.200.410.287

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Industry of Equipment Medical-Hospital

 

 

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 :

Regular

 

 

Litigation :

Clear

 

 

 

 

 

 

 

Head information              

 

Company name:                        GOLGRAN INDÚSTRIA E COMÉRCIO DE INSTRUMENTOS

                                                ODONTOLÓGICOS LIMITADA.

 

Trade Name:                              GOLGRAN

 

Address:                                   Rua Maria José Vasconcelos Mankel, 239

                                                Vila Clarisse – ZIP-05176-210

                                                São Paulo/SP - Brazil

 

Phone:                                      (55-11) 3904.4316 / 3902.2332 / 3902.5972

Fax:                                          (55-11) 3904.0162

 

E-mail:                                      diretoria@golgran.com.br

Web Site:                                  www.golgran.com.br

 

 

Legal information             

 

Legal Status:                             Private Limited Company

Incorporation date:                     September, 1979

Register number:                       35.200.410.287

Tax contributor (CNPJ):              51.753.374/0001-19

Registered capital:                     R$ 150.000,00 on November, 30,2005

Register number:                       351.339.050

State Registration #:                  110.241.340.116

Number of employees:                36

Branches:                                 Rua Senador Vergueiro, 433 – ZIP-09521-320

                                                São Caetano do Sul/SP – Brazil.

                                                Phone (55-11) 4226.2122

 

 

History         

 

Established on September, 1979, chartered at the State Commerce Registration Office of São Paulo (JUCESP) under number 35.200.410.287 as Golgran Comércio de Instrumental Cirúrgico Ltda. On January, 15,1985 the company changed into Golgran Indústria e Cmercio de Instrumental Cirúrgico Ltda. On August, 21,1985,  the subject adopted the present registered name.

 

 

Partnership / Management

 

ORLANDINHO GOLFETTO                                             - 50%

Brazilian, Married, (joined 08/1979), CPF: 530.011.098      -15

 

ROSANGELA MENDES BORGES GOLFETTO                - 50%

Brazilian, Married, (joined 10/1995), CPF: 131.447.538-07

 

 

Properties   

 

Not informed

 

 

Registered line of business

 

Industry of equipment medical-Hospital

 

Main Products

 

50% - Forceps adulto e infantil

45% - Pinças clínicas

 

Purchases/Sales

 

100% - Domestic market

 

 

Related Companies

 

Stock participation:

 

Not Have

 

 

Financial Data

 

According to the Brazilian Law Private Limited Companies are not obliged to file financial accounts for public inspection.

 

It was not possible to find out financial statement through outside sources consulted.

 

 (Dollar rate US$1.00 = R$1,670 on (24/04/2008)

 

 

Banking        

 

Banco Bradesco S/A.                 - branch 1416

Banco do Brasil S/A.                  - branch 0297

 

 

Remark:          

 

banking comments could not be obtained due to legal restrictions from the Brazilian Law.

 

Up to date no returned checks were found either in the name of the company or partners.

 

Insurance    

 

Not informed

 

 

Payment information

 

The payment information was obtained through outside sources and public consulted.

 

43 invoices

 

Information on purchases:

03/2008

Last:

R$ 357

Average:

R$ 1.815

Information on invoicing:

11/2007

Highest:

R$ 9.059

Average:

R$ 2.449

Information on accumulation:

11/2007

Highest:

R$ 9.059

Average:

R$ 2.496

 

100% - prompt payments

 

 

Trade References              

 

Main Suppliers - Brazil:

 

SANREMO S/A.

SALES COMERCIAL DISTRIBUIDORA DE HOGIENICOS LTDA.

UNIVERSO TINTAS E VERNIZES LTDA.

PHARMAINOX INDÚSTRIA E COMÉRCIO DE MATERIAIS ODONTOLÓGICOS LTDA

LANDPLAST COMÉRCIO DE PLÁSTICOS LTDA.

 

Main clients - Brazil:

 

Not Informed

 

 

Public Records Information 

 

Up to date, no negative information was found.

 

 

Remarks     

 

Contacted Mr. Orlandinho Golfetto, Director Administration, we requested the balance sheet of 2006/2005/2007, however until the moment we didn't receive an answer.

 

The information in this report were obtained from outside sources and public records.

 

Final Opinion                       

 

The company can be considered normal for business dealings at usual trade terms and conditions.

 

 


 

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.

 

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

 

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions