MIRA
INFORM REPORT
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Report Date : |
18.12.2008 |
IDENTIFICATION
DETAILS
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Name : |
FARIA DE BASTOS SEBASTIAO & LOPES LAWYER |
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Registered Office : |
Rua Dos Enganos N 1 8th Floor Luanda |
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Country : |
Angola |
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Year of Establishment : |
2004 |
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Com. Reg. No.: |
010584-64 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Subject is involved in Business Law |
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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Maximum Credit Limit : |
USD100,000.00 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Company
Name
Faria De Bastos Sebastiao & Lopes Lawyer
Company acronym:
FBSL
Contact Information
|
Address |
Rua Dos Enganos N 1 8th Floor
Luanda Angola |
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Postal Address |
- |
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Telephone |
+ 244 222 370370 + 244 222 390920 + 244 222 393263 + 244 222 393273 + 244 222 339396 + 244 222 339379 + 244 222 397073 |
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Fax |
+ 244 222
393 273 |
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Email |
Registration Data
|
Date of Registration |
2004 |
|
Registration number |
010584-64 |
|
Legal address |
Rua Dos Enganos N 1 8th Floor Luanda Angola |
|
Legal Form |
Limited Liability Company |
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Share Capital |
1,200,000.00 AON |
Shareholders
with Shares
|
Shareholder
Names |
Share% |
|
Lopes Family |
100% |
Board/Executive
|
Name |
Mr. Guiomar Lopes |
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Position within the company |
Managing Partner |
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Can fluently speak |
English |
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Name |
Mr. Paulette Lopes |
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Position within the company |
Community Relations Director |
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Can fluently speak |
English |
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Name |
Mr. Teresinha Lopes |
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Position within the company |
Lawyer |
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Can fluently speak |
English |
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Name |
Mr. M. Saavedra |
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Position within the company |
Office Manager |
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Can fluently speak |
English |
Changes in
Registration Data
None recorded
Activities (
realistic and officials)
The subject is involved in business law and
it's activation is included:
Mergers & acquisitions
- restructurings
- joint-ventures
- partnerships
- creating
& safeguarding businesses in Angola
- financial
loans
- foreign
investments
Litigation & Dispute resolution:
- judicial
- criminal
- labour
- administrative
Banking & Insurance:
- banking law
- real estate
operations
- project
finance for private undertakings
- credit
recovery
- insurance
Tax:
- planning
- litigation
- liability
assessment
- Angolan tax system
Intellectual property: (through an association with PCI)
- industrial
property
- copyrights
- registration
- protection of
intellectual property rights
Mining & natural resources
- mineral &
oil law
- construction
law
- energy law
Maritime law
Family law
Labour law
Advise Government on:
- privatisation
- government
& parastatal contracts
- equipment
leasing
- economic,
social & enviromental assessments
International clients are leading companies in the fields of:
- banking
- insurance
- oil & gas
- engineering
- civil
construction
- real estate
- tourism
- trade
- Angolan
governmental agencies
Staff
|
Number of staff employed |
18 |
Facilities
|
Owned |
Office |
Bankers
|
Bank |
Angola Commercial Bank |
Suppliers,
Partners
|
Suppliers |
Not known |
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Partners |
Not Known |
Litigation,
Remarks on Payment
|
Litigation |
None Recorded |
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Remarks on Payment |
No Complaints |
Financial
Information
It declined all financial information.
Reporter Comments
|
Comments |
In the interview conducted with Mr. M. Saavedra ( Office Manager), he have refused to co-operate with local reporters in
confirming/providing information. |
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Local Reputation |
The company being investigated is believed by local reporters to be a Medium Trade Risk and to be
fair. |
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Owner/Shareholders Comments |
Some of the owners / shareholders have an active participation in
the running of the business. |
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Age of Business |
Old Business |
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MAX CREDIT |
USD100,000.00 |
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.47.08 |
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UK Pound |
1 |
Rs.71.17 |
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Euro |
1 |
Rs.66.98 |
RATING
EXPLANATIONS
|
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%)