MIRA INFORM REPORT
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Report Date : |
18.08.2008 |
IDENTIFICATION
DETAILS
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Name : |
BEDSON S.A. |
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Registered Office : |
Ruta Nacional nº 8 km. 47,500, La Lonja, Partido de Pilar, Provincia
de Buenos Aires. |
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Country : |
Argentina |
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Date of Incorporation : |
09.04.1980 |
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Legal Form : |
Limited Company |
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Line of Business : |
Manufacturer of Medicines for Veterinary
Use |
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 : |
No Complaints |
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Litigation : |
Clear |
Registered Name
BEDSON S.A.
C.U.I.T. Nº 33-58115123-9
Summary
INCORPORATED IN
1980. BEGINNER OF ACTIVITIES. THEY ARE FINISHING THE LAST BALANCE SHEET.
OPERATES WITHIN A GOOD IMPORTANT LEVEL. NO NEGATIVE ANTECEDENTS. APT FOR
CURRENT CREDITS WITH GUARANTEES
Operations
MANUFACURE OF
MEDICINES FOR VETERINARY USE
Legal Structure
BUSINESS TYPE:
LIMITED COMPANY
INCORPORATED: 9.4.1980
REGISTERED: 1980
DURATION: 99 YRS
END OF FISCAL YR: 31.12
Contact
Sr. Pablo Holmes
HEADQUARTERS:
Ruta Nacional nº 8 km. 47,500, La Lonja, Partido de Pilar, Provincia de Buenos
Aires.
Tel. (54-02322) 470249/250
Fax. (54-02322) 470453
E.Mail: pabloholmes@bedson.com.ar
Partners
PRESIDENT: RODOLFO OSCAR ROMANO
V.PRESIDENT: ALICIA ROMERO DE COLUSI
USE OF SIGNATURE: President and V.President
Corporate Stock
COMMON SHARES
SUBSCRIBED AND PAID IN: $ 2.000.000
Personal Information
OMAR RODOLFO
ROMANO
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ARGENTINE, MARRIED, BORN IN JULY 29,1948, ADDRESS AT Avda. Figueroa Alcorta 3410
3º, Ciudad de Buenos Aires.
HE REGISTERS PARTICIPATION IN THE FOLLOWING COMPANIES:
MAR DEL NORTE INVERSIONES S.A.
FRANKART S.A.
History
It is determined
through the realized inquiries, that the reference activities were initiated
and beginning by this society, in force by the legal clauses before mentioned.
The society dedicates to the production of biological and pharmaceutical
specialties for the veterinary industry and for the bird-raising sector.
It is related to the company ILENDER S.A.
Economic-Financial Position
In dependancies of
the society our agent was taken care by Mr. Pablo Holmes, from whom
we requested a copy of a complete general balance sheet closed by the
company.
From the inquiries realized through third parties, it arises that is a society
that develops its operations within a plane of good importance, without bumps
in the development of their managements.
Driving of the society is described as normal until the present and stable
perspective are assigned to him.
Assets
To the society the
possession of the ample establishment that occupies in the address mentioned,
is assigned with a good market value.
Evolution and Results
This society
dedicates to the development of the activities before mentioned, counting
on an adapted operative structure, in which 80 employees in the attention of
the different tasks evolve.
It has obtained a suitable reinforcement in place and has customer in all the
environment of the country and generally good perspective are assigned to him.
In the last 12 months it has made specific imports by u$s 1.382.624, from the
following countries:
CHINA 1.346.074
SPAIN 31.792
EE.UU. 4.758
The imported products were compatible antibiotics, sugars and lines.
HABITUAL SUPPLIERS:
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INMOBAL NUTRER
REDDYS LABORATORIES (THE USA)
CHATREU-VYCO S.A.
Payment Record and Credit
Risk
BBVA BANCO FRANCES
branch.Pilar
BANCO PATAGONIA SUDAMERIS
branch. Pilar
Insurance:
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Contracted with local companies.
CREDIT RISK:
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MARCH 2008
BANCO
FRANCES $ 3.558.300 SITUATION 1
BANCO PATAGONIA $ 539.400 SITUATION 1
HSBC BANK $ 200
SITUATION 1
SITUATION 1: normal fulfillment
Concept
Until the present the
titular society comes maintaining a correct commercial conduct in the matter of
payments and it is referred in good terms in the operative means that are
habitual.
FULFILLMENT WITHOUT OBJECTIONS
Final Opinion
We consider that the society can be related in new operations of credit, within sum of current importance, with the request of endorsement that are of habitual exigency.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.43.23 |
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UK Pound |
1 |
Rs.80.89 |
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Euro |
1 |
Rs.63.80 |
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%)