MIRA INFORM REPORT

 

 

Report Date :

17.12.2008

 

IDENTIFICATION DETAILS

 

Name :

LABORATORIOS BACON S.A.I.C.

 

 

Registered Office :

Paroissien 3160, P.B., Ciudad de Buenos Aires

 

 

Country :

Republica Argentina

 

 

Date of Incorporation :

08.02.1979

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Laboratory of Radiological Products

 

 

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 :

No Complaints

 

 

Litigation :

Clear

 


 

name of the company

 

LABORATORIOS BACON S.A.I.C.

CUIT No.: 30-57076089-7

 

 

Summary 

 

BEGINNER OF ACTIVITIES, INCORPORATED IN 1979, NO FINANCIAL DATA PROVIDED, NO NEGATIVE ANTECEDENTS, APT FOR CREDIT WITH GUARANTEES.

 

 

Operations 

 

LABORATORY OF RADIOLOGICAL PRODUCTS

 

 

Legal Structure 

 

BUSINESS TYPE:         LIMITED COMPANY
INCORPORATED:          8.2.1979
REGISTERED:              18.6.1979
REGISTER NO.:            69.921
DURATION:                   17.6.2078
END OF FISCAL YR:     31.3

 

 

Contact 

 

Srita.Cintia Rosana Ciliberto.

LEGAL ADDRESS: Paroissien 3160, P.B., Ciudad de Buenos Aires, República Argentina.

HEADQUARTERS: Uruguay 136 (1603), Villa Martelli, Pcia.de Buenos Aires, República Argentina.

Telefax: (54-11) 4709-0060
E-mail:
bacon@bacon.com.ar

 

 

 

Partners 

 

President:                     NICOLINI JORGE OSVALDO
Vicepresident:               CILIBERTO JORGE EDUARDO
Director:                        DELLA VALLE NORMA ELINA
Director:                        CILIBERTO CINTIA ROSANA
Director:                        NICOLINI MATIAS ALEJANDRO
ALTERNATE Director:     ZAMPOLLI LUCIA ELENA
USE OF SIGNATURE:    PRESIDENT AND V.PRESIDENT

 

 

Corporate Stock 

 

The share capital of the company was established in the sum of $ 100,000 that has been totally suscripto and realized, represented the same amount of common shares, nominative, nonendorsable of par value $ 1.00 each with right to a vote by share.

 

 

Personal Information 

 

NICOLINI JORGE OSVALDO:
ARGENTINE, MARRIED,  LE.No. 4.307.118 ADDRESS AT Francisco Beiró 1284, Florida, Pcia.de Buenos Aires.

CILIBERTO JORGE EDUARDO:
ARGENTINE, MARRIED,  LE.No. 6.486.319 ADDRESS AT  Castro Barros 2478, Martínez, Pcia.de Buenos Aires.

DELLA VALLE DE NICOLINI NORMA ELENA:
ARGENTINE, MARRIED,  DNI.No. 4.424.227 ADDRESS AT  Francisco Beiró 1284, Florida, Pcia.de Buenos Aires.

ZAMPOLLI DE CILIBERTO LUCIA ELENA:
ARGENTINE, MARRIED,  DNI.No. 3.780.834 ADDRESS AT  Castro Barros 2478, Martínez, Pcia.de Bs.Aires.

 

 

History 

 

With the intention of facing operations of the activities that comes developing, at the beginning of year 1979 the titular company has been conformed legally and that, to the anticipated aims, is established in the address mentioned opportunely.

There's no Knowledge  that is integral part of some economic group or that their members maintain interference in some other companies with seat in this one or some other places.

 

 

Economic-Financial Position 

 

Taken contact with people in charge from the countable area of the titular  company and imposed on the necessity to have accountant data, it pronounces to us that under no concept they facilitate this information to third parties and without knowing the origin the same.

Indirect means that were consulted on the matter, neither  make precisions on the individual although they mention the  company of reasonable importance in his sector.

 

 

Assets 

 

BUILDINGS:
---------
The fixed assets of the company include real estate used for its managements which  has good market value.

It has not been possible to take contact with corresponding documentation, to verify if this good is free of burdens.

 

 

Evolution and Results 

 

As  mentioned opportunely,  the holder is dedicated to operations of a laboratory for the manufacture and commercialization of  diagnosis reactives, as well as therapeutic agents and of medical technology.

Company of reasonable importance in its sector, has to it an important infrastructure represented by the laboratory equipment whereupon it counts (of latest technology) whose personnel is  highly  described.

It makes specific imports from the EE.UU., China and Canada among others, carrying out exports towards diverse countries of the world.

* 60 EMPLOYEES.

MAIN SUPPLIERS:
-----------------------
COMISION NACIONAL DE ENERGIA ATOMICA
CHEMICAL CENTER S.A.

FOREIGN TRADE:
-----------------
In the last twelve months, it has made specific imports by u$s. 536.182 according to the following detail:

EE.UU. ............................... u$s. 292.835
CHINA ................................ u$s. 104.177
CANADA ............................... u$s. 82.684
OTHERS ................................ u$s. 56.486

 

Payment Record and Credit Risk 

 

BANCO DE LA PCIA.DE BS.AIRES                    BRANCH Villa Martelli
BANCO DE LA NACION ARGENTINA                  BRANCH Villa Martelli
BBVA BANCO FRANCES                                   BRANCH Villa Martelli

CREDIT RISK - SEPT 2008 -

BBVA Banco Frances:  $ 3.033.200.- Situation 1

Situation 1: normal fulfillment

INSURANCE:
-------
MAPFRE S.A.
CONSOLIDAR S.A.

 

 

Concept 

 

Through time, it has been commercially related to companies of this one and other places, among which  offer their credit support  without making until the moment objections on the modes of payment that sustains.


 

 

Final Opinion 

 

Although the holder does not register   antecedent that affects him conceptually, the absence of countable data suggests the convenience of building with the reserves of the case, in the assumption of be interested in its relation credit.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.47.33

UK Pound

1

Rs.73.92

Euro

1

Rs.66.69

 

 

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