MIRA INFORM REPORT

 

 

Report Date :

12.02.2008

 

IDENTIFICATION DETAILS

 

Name :

RICHTER LTDA.

 

 

Registered Office :

Rua Boa Ventura Pereira, 143/145- Pq.Anhanguera 05158-240 Sao Paulo / SP

 

 

Country :

Brazil

 

 

Date of Incorporation :

13.05.1958

 

 

Com. Reg. No.:

35.206.569.385

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Industry of Apparels and Medical Materials and for Hospitals

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Small Company

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

 

 

Head information

 

Company name:                        RICHTER LTDA.

 

Trade Name:                              RICHTER

 

Address:                                   Rua Boa Ventura Pereira, 143/145- Pq.Anhanguera

                                                05158-240 São Paulo / SP - Brasil

 

Phone:                                      (55 11) 3908 7000

Fax:                                          (55 11) 3708 7007

Web Site:                                  www.richter.com.br

 

 

Legal information

 

Legal Status:                             Private Limited Company

Incorporation date:                     May 13, 1958

Register number #:                     35.206.569.385

Tax contributor (CNPJ):              60.588.803/0001-30

Registered Capital:                     R$100.000,00

State Registration #:                  103.980.753.119

Number of employees:                18

 

 

History

 

Established on May 13, 1958, chartered at the State Commerce Registration Office of São Paulo (JUCESP) under #35.206.569.385, into the present registered name.

 

Partnership:

 

Monica Richter                          (Joined 12/1977)                        - 50,0%

Brazilian, CPF: 011.588.288-02

Maria da Graça Richter               (Joined 10/1972)                        - 50,0%

Brazilian, CPF: 759.069.888-15

Management:

Monica Richter

Brazilian, CPF: 011.588.288-02

Maria da Graça Richter

Brazilian, CPF: 759.069.888-15

Gottfried Richter

Brazilian, CPF: 038.140.178-20

 

 

Properties

 

Not informed.

 

Registered line of business:

Industry of apparels and medical materials and for hospitals.

 

Import countries:

Not informed.

 

Export countries:

Not informed.

 

Purchases and Sales:

80% - Domestic market

20% - International market

 

 

Related Companies

 

Stock participation:

 

Not informed.

 

 

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$1,768 on 08/02/2008).

 

 

Banking

 

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

 

Up to February 08, 2008 no returned checks were found either in the name of the company or partners.

 

 

Insurance

 

Not informed.

 

 

Payment information

 

*Information obtained from outside sources and public consulted.

 

25 – Invoices:

 

 

Information on purchases:

JAN/2008

Last:

R$97

Average:

R$232

Information on invoicing:

JUN/2007

Highest:

R$3.732

Average:

R$1.466

Information on accumulation:

JUN/2007

Highest:

R$6.436

Average:

R$2.368

 

100% - Prompt payments

 

 

Trade References

 

Main Suppliers:

Not informed.

 

Main clients:

Not informed.

 

 

Public Records Information

 

No negative information was found.

 

 

Remarks

 

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

 

 

Final Opinion

 

As no financial statement could be obtained, it is impossible to analyze the financial situation of the company under review, and to make credit rating.

 

 

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