MIRA
INFORM REPORT
|
Report Date : |
03.01.2008 |
IDENTIFICATION
DETAILS
|
Name : |
JANDIRA COMÉRCIO DE PRODUTOS ALIMENTÍCIOS
LTDA |
|
|
|
|
Registered Office : |
Rod. Dep. João Leopoldo Jacomel, 11.672 – Centro, 83322-050 –
Pinhais/PR |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.12.2006 |
|
|
|
|
Date of Incorporation : |
September 01, 1973 |
|
|
|
|
Com. Reg. No.: |
20.060.039.205 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Wholesale trade of nutritious goods |
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 |
Company name
JANDIRA COMÉRCIO DE PRODUTOS ALIMENTÍCIOS
LTDA
Address
Rod. Dep. João Leopoldo Jacomel, 11.672 -
Centro
83322-050 – Pinhais/PR - Brasil
Tele/Fax: (55-41)
3669-6216 / 4681
E-mail: alecsandro@jandira.com
Web Site: www.jandira.com
Legal information
Legal Status: Private Limited Company
Incorporation date: September 01, 1973
Register number: 20.060.039.205
Tax contributor (CNPJ): 78.565.389/0001-00
Registered capital: R$165.000,00
State Registration #: 13.700.245-09
Number of employees: 61
History
Established on September 01, 1973, chartered at the State Commerce Registration Office of Paraná (JUCEPAR) under # 20.060.039.205, into the present registered name.
Partnership
/ Management:
Ivanilde Luiza de
Freitas Woellner (Joined
09/1987) - 90,0%
Brazilian,
Widower, CPF: 630.315.749-15
Denise Sofia
Woellner (Joined
07/1994) - 10,0%
Brazilian,
Divorced, CPF: 583.073.209-25
Properties
Immobile own.
Registered
line of business:
Wholesale trade of nutritious goods
Purchases:
38% - domestic market
62% - international market
Sales:
Domestic market
Import
countries:
Peru,Argentina, Chile,Canada,China and
Syria.
Export coutries:
Don't export.
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.
They sent us the following financial data.
Balance sheet information for fiscal year
ending:
31/12/2006 – US$1.00 = R$2,138
31/12/2005 – US$1.00 = R$2,341
31/12/2004 – US$1.00 = R$2,654
Figures are in (Units)Reais R$:
Assets
|
2006 |
2005 |
2004 |
|
Current Assets |
8.691.415,03 |
7.435.119,80 |
4.153.069,60 |
|
Inventory |
1.558.171,92 |
1.812.064,84 |
2.485.255,45 |
Other Assets
|
7.133.243,11 |
5.623.054,96 |
4.667.814,15 |
Long Term
Assets
|
44.177,07 |
47.139,73 |
28.247,54 |
Fixed
Assets
|
285.008,17 |
280.917,31 |
297.839,45 |
|
Immovable |
705.131,35 |
280.917,31 |
638.668,72 |
|
Depreciation |
420.123,18 |
0 |
340.829,27 |
|
Bills of
Compensation |
(6.871.539,39) |
(1.062.870,86) |
(1.575.438,07) |
Total
Assets
|
2.149.060,88 |
6.700.305,98 |
2.903.718,52 |
Liabilties
|
2006 |
2005 |
2004 |
Current Liabilities
|
2.990.419,36 |
4.123.881,42 |
1.590.086,25 |
|
Suppliers |
2.244.967,85 |
3.411.118,70 |
1.148.233,00 |
Other liabilities
|
745.451,51 |
712.762,72 |
441.853,25 |
Long Term
Liabilities
|
933.580,19 |
1.059.780,19 |
0 |
Net Equity
|
5.096.600,72 |
2.579.515,23 |
2.515.260,92 |
Capital
|
165.000,00 |
165.000,00 |
165.000,00 |
Accumulated Profit (Loss)
|
4.931.600,72 |
2.414.515,23 |
2.350.260,92 |
Bills of
Compensation
|
(6.871.539,39) |
(1.062.870,86) |
(1.949.247,49) |
Total Liabilities
|
2.149.060,88 |
6.700.305,98 |
2.903.718,52 |
Income Statement
|
2006 |
2005 |
2004 |
Annual
Gross Sales
|
37.781.081,72 |
29.189.233,84 |
11.373.518,08 |
Annual Net
Sales
|
30.373.289,99 |
23.715.597,10 |
9.810.795,87 |
Gross Income
|
4.917.596,55 |
2.584.897,07 |
2.378.893,75 |
Operating
Income
|
3.931.669,90 |
42.194,52 |
425.582,72 |
Net Income
|
3.880.146,81 |
64.254,31 |
367.723,86 |
Financial Analysis
|
2006 |
2005 |
2004 |
Current Ratio
|
2,90 |
2,61 |
1,80 |
Current Debt Ratio
|
0,58 |
0,63 |
1,59 |
Total Debt Ratio
|
0,42 |
1,34 |
2,59 |
Working Capital
|
$5.700.995,67 |
$2.562.983,35 |
$3.311.238,38 |
(Dollar rate US$1.00 = R$1,796 on
14/12/2007).
Banking
Banco Banestado S/A. - branch
0165
HSBC Bank Brasil S/A. - branch
0689
Banco Bradesco S/A. - branch 929
Remark
: banking
comments could not be obtained due to legal restrictions from the Brazilian
Law.
No returned checks were found either in the name of the company or partners.
Insurance
Not informed.
Payment information
91 – Invoices:
Information on purchases:
OCT/2007 Last: R$448 Average: R$2.130
Information on invoicing:
OCT/2007 Highest: R$14.700 Average: R$2.340
Information on accumulation:
OCT/2007 Highest: R$14.700 Average: R$2.940
92% - Prompt payments
02% - delays from 06 up to 15 days
02% - delays from 16 up to 30 days
03% - delays from 31 up to 60 days
01% - With superior delays to 60 days
Trade References
Main
Suppliers:
Molino Rosso Ltda
TC Representações Ltda
Caramuru Alimentos Ltda.
Marluvas Calçados de Segurança Ltda
Lca Indústria e Comércio de Produtos
Alimentícios Ltda
Main
clients:
Not informed
Public Information
No negative information was found.
Remarks
Subject provided general information and financial figures.
Final Opinion
We believe it may be possible to have trade relation with the subject company with amounts that fit to its economic-financial resources, under usual terms. When higher amounts are involved we recommend dealing under secured terms.
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%)