MIRA
INFORM REPORT
|
Report Date : |
09.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
RAMAZZOTTI SA |
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Registered Office : |
Avenida do Forte, 6 e 6-A, Edificio Ramazzotti 2790-072-Carnaxide,
District - Lisboa |
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Country : |
Portugal |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
27-05-1949 |
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Com. Reg. No.: |
500226547 6637 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Wholesale of other food including
fish, crustaceans and molluscs; manufacture of other food products n.e.c. |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ba |
|
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 : |
EURO 49.880,00 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Identification
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Name |
RAMAZZOTTI SA |
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Address |
Avenida do Forte, 6 e 6-A,
Edificio Ramazzotti |
V.A.T. Number / NIF |
500226547 |
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Locality |
CARNAXIDE |
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Municipality |
OEIRAS |
Postal Code |
2790-072-CARNAXIDE |
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Telephone |
214258200 |
District |
LISBOA |
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Fax |
214258292, 214186000 |
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E-Mail |
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Web Site |
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C.A.E. |
51382- Wholesale of other food including
fish, crustaceans and molluscs |
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C.A.E. |
15893- Manufacture of other food products
n.e.c. |
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All the amounts are express in Euros, otherwise you will
be advised |
Summary
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Legal Form |
Joint Stock Company |
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Constitution |
27-05-1949 |
V.A.T. Number / NIF |
500226547 |
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Employees |
163 |
Capital |
2.250.000,00 |
|
Sales in : 31-12-2006 |
37.178.735,00 |
Shareholders Funds in: 31-12-2006 |
8.236.569,00 |
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Credit |
Recommended |
Credit Limit |
49.880,00 |
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Condition |
Normal |
Tendency |
Stationary |
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Financing |
Guaranteed |
Payments |
Good |
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Rating |
D3 |
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Actual Condition |
In activity |
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Governing Bodies
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Board of Director's |
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NUNO FERREIRA DE FIGUEIREDO GASPAR |
Administrator |
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HOMERO ANTONIO LEITAO DE CASTRO NUNES |
Administrator |
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JOSE CARLOS PRISTA DA SILVA HENRIQUE |
Board of Director's
President |
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Fiscal Board |
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JOAO PAULO TORRES CUNHA FERREIRA |
Fiscal Board
Vice-President |
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JOSE MARTINHO SOARES BARROSO |
Fiscal Board President |
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ERNESTO FERREIRA DA SILVA |
Fiscal Board Substitute |
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PAULO RENATO FERREIRA ALVES |
Fiscal Board
Vice-President |
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Chair of General Meeting |
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MARIO PINTO E CASTRO |
Chair of General Meeting
President |
Banks and Financial Institutions
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BANCO ESPIRITO SANTO, SA |
Centro de Empresas - Lisboa |
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MILLENNIUM BCP |
Tagus Park |
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BANCO BPI, SA |
Carnaxide |
Historical
|
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Registed on the Register
Record Office of Cascais in Secção-Oeiras with the Register Number 500226547
6637 in 27-05-1949 |
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Constitution celebrated in
27-05-1949 published on Diário da República number 103 of 01-05-1963 |
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To oblige the company it
is necessary 2 signature |
Changes to Society
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In 10-05-2005 on Diário
da República number 162 of 24-08-2005 board of director's change |
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In 27-11-2002 on Diário
da República number 145 of 26-06-2003 board of director's change |
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In 10-02-1997 on Diário
da República number 155 of 08-07-1997 change in to a joint stock company e
alteração do pacto social. |
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In 18-11-1993 on Diário da
República number 126 of 31-05-1995 manager change |
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In 18-11-1993 on Diário
da República number 100 of 30-04-1997 manager change |
Capital
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The Capital is
2.250.000,00 , divided in 450000 shares , with a nominal value of 5,00 |
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with the following
shareholders |
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AMADEU MONTEIRO |
388.800,00 |
17,28% |
|
JOSE SAMPAIO BARRIER |
405.000,00 |
18% |
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JAIME SAMPAIO VIDAL |
393.750,00 |
17,5% |
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MANUEL TEIXEIRA (HERDEIROS) |
393.750,00 |
17,5% |
Vehicles
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Trade Mark |
Quantity |
License Number |
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Uma frota de |
31 |
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Special Information
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Event |
General Description |
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Quality Certification |
The bearer possesss certification of its Integrated
System of Management of the Quality, Environment and Security, for the SGS,
in accordance with norms ISO 9001:2000 (Systems of Management of the
Quality), ISO 14001 (Environment Systems Management), OHSAS 18001 (Systems of
Management of the Security and Health in the Work) |
Activities
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Line of Business |
Percentage |
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Wholesale of other food
including fish, crustaceans and molluscs; manufacture of other food products
n.e.c. |
100% |
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Type of Clients |
Retailers/Wholesalers |
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Sales Conditions |
Cash/credit |
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Sales Area |
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Country |
100% |
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Imports from |
ALEMANHA,ARGENTINA,BELGICA,BRASIL,CHILE,CHINA, REPUBLICA
POPULAR,CANADA,COSTA DO MARFIM,DINAMARCA,ESPANHA,AUSTRIA,ESTADOS UNIDOS DA AMERICA,FILIPINAS,FRANÇA,GRECIA,HOLANDA,IRÃO,
REP ISLAMICA DO,IRLANDA,ITALIA,HONG-KONG,MOÇAMBIQUE,REINO UNIDO |
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Exports to |
MALASIA |
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Trade Marks
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Ramazzotti |
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Boklunder |
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Lactalis |
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Silvex |
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Ovomaltine |
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Kuhne |
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Milagro |
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Alpen |
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Poli |
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Arla Foods |
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Divella |
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Stuhrk |
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Vita Pop |
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Act II |
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Vinhos Lavradores de Feitoria |
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Skippy |
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Guinea´s |
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Evian |
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B&B |
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Lavax |
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Ziclon |
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Gelita |
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Capri-Sonne |
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Bergader |
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Tigre |
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Sunquick |
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Rosenborg |
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Wolf |
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T.Kroon |
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Weetabix |
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Craft |
Employees
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Total |
163 |
Head Office and Installations
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Branch owned Caminho do Campo, 1º de Maio, Palheiro Ferreiro Telefone:291794640
Fax:291794642, CAMACHA, 9135-000, CAMACHA, Tel:291794640, Fax:291794642 |
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Had installations Rua Casimito Freire, 1 , LISBOA, 1000-000, LISBOA |
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Installations Rua Abade Faria, 32 2º. , LISBOA, 1000-000, LISBOA |
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Had installations Rua Lucinda do Carmo, 3 r/c Dtº. , LISBOA, 1000-000,
LISBOA |
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Branch with an area of 9.100 m2 Estrada do Pau Queimado, Afonsoeiro,
lote 6 , MONTIJO, 2870-100, MONTIJO, Tel:212329550, Fax:212329579 |
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Head office and warehouse owned Avenida do Forte, Edifício Ramazzotti,
CARNAXIDE, 2790-072, CARNAXIDE, Tel:214258200, Fax:214186000 |
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Branch owned Estrada Nacional 125 Km 67 - Lanka Parque - Tavagueira ,
GUIA ABF, 8200-425, GUIA ABF, Tel:289562159, Fax:289562104 |
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Branch owned Via Sá Carneiro, lote 1 e 2, MOREIRA DA MAIA, 4470-000,
MAIA, Tel:229478760, Fax:229478769 |
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Had head office Rua Abade de Faria, 33-A , LISBOA, 1000-000, LISBOA |
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Had installations Rua Abade de Faria, 59 , LISBOA, 1000-000, LISBOA |
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Had installations Rua Egas Moniz, 11 , LISBOA, 1000-000, LISBOA |
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Incidents |
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Legal Actions |
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Date: 05-04-2005 |
Judicial District Oeiras |
3 Court |
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Type: Ordinária |
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Author: Chep España, S.A. |
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Process: 4835/05.0TBOER |
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Date: 11-04-2003 |
Judicial District Lisboa |
6 Court 1 Section |
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Type: Sumária |
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Author: Companhia de Seguros Tranquilidade, S.A. |
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Process: 13654/03.7YXLSB |
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Credit Recommendation
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Consulted sources say
that the subject has been respecting its payments and commercial commitments,
so credit connections with this company are recommended. |
Participations
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The subject participates
on the following company(ies) |
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IIC Number |
387221 |
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NAME |
NOBIS-MEDIACAO DE SEGUROS LDA |
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Address |
Rua Dr.Jose Alberto Ferraz, 11-1º.frente |
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Locality |
Queluz |
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C.A.E. |
820900- SEGUROS N.E. |
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Capital |
25.000,00 |
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Participation |
15% |
Financial
Elements
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31-12-2006 |
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Intangible Assets |
28.420,00 |
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Tangible Assets |
9.574.373,00 |
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Investments |
1.198,00 |
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Stocks |
4.677.259,00 |
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Short Term Receivable |
12.132.194,00 |
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Banks and Cash |
51.652,00 |
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Accruals and Deferrals |
183.246,00 |
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Total Assets |
26.648.342,00 |
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Shareholder's Funds |
8.236.569,00 |
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Medium and Long Term
Payable |
6.493.989,00 |
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Short Term Payable |
10.843.568,00 |
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Accruals and Deferrals |
1.074.216,00 |
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Total Liabilities and
Shareholder's Funds |
26.648.342,00 |
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Cost of Goods and
Consumable Materials |
24.704.257,00 |
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Outside Supplies and
Services |
8.018.692,00 |
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Personnel Costs |
4.002.431,00 |
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Sales |
37.178.735,00 |
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Supplementary Income |
1.400.593,00 |
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Comparatives
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31-12-2004 |
31-12-2005 |
31-12-2006 |
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Net Sales |
36.146.968,00 |
35.185.125,00 |
37.178.735,00 |
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Net Income For the Year |
22.992,00 |
103.874,00 |
55.157,00 |
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Current Assets |
16.362.415,00 |
32.160.868,00 |
17.044.351,00 |
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Short Term Payables |
13.487.769,00 |
14.917.668,00 |
10.843.568,00 |
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Cash Flow |
2.874.646,00 |
17.243.200,00 |
6.200.783,00 |
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Total Assets |
42.072.285,00 |
42.293.680,00 |
26.648.342,00 |
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Total Liabilities |
33.185.543,00 |
33.806.467,00 |
18.411.773,00 |
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Shareholders Funds |
8.886.741,00 |
8.487.214,00 |
8.236.569,00 |
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Personnel Costs |
4.085.747,00 |
3.831.952,00 |
4.002.431,00 |
Ratios
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31-12-2004 |
31-12-2005 |
31-12-2006 |
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FINANCIAL SITUATION |
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General Liquidity |
1,21 |
2,16 |
1,57 |
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Immediate Liquidity |
0,89 |
1,81 |
1,14 |
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Financial Autonomy |
0,21 |
0,20 |
0,31 |
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Solvency |
0,27 |
0,25 |
0,45 |
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RENTABILITY |
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Sales Rentability |
0,06 % |
0,30 % |
0,15 % |
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Sales Rate Increase |
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(2,66) % |
5,67 % |
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EFFICIÊNCY |
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Assets Turnover |
0,86 |
0,83 |
1,40 |
Balance Sheet and Income Statement
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Balance Sheet |
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CoinEURO |
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Date31-12-2006 |
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Gross Assets |
Depreciations /
Provisions |
Net Assets |
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Intangible Assets |
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Subtotal |
100.214,00 |
71.794,00 |
28.420,00 |
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Tangible Assets |
|
Subtotal |
15.693.722,00 |
6.119.349,00 |
9.574.373,00 |
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Financial
Investments |
|
Subtotal |
1.198,00 |
|
1.198,00 |
|
Stocks |
|
Subtotal |
4.677.259,00 |
|
4.677.259,00 |
|
Short
Term Receivable |
|
Subtotal |
12.949.051,00 |
816.857,00 |
12.132.194,00 |
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Bank
Deposits and Cash |
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Cash |
4.351,00 |
|
4.351,00 |
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Bank Deposites |
47.301,00 |
|
47.301,00 |
|
Subtotal |
51.652,00 |
|
51.652,00 |
|
Accruals
and Deferrals |
|
Accrued Income |
144.555,00 |
|
144.555,00 |
|
Deferred Cost |
38.691,00 |
|
38.691,00 |
|
Subtotal |
183.246,00 |
|
183.246,00 |
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|
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Total Assets |
33.656.342,00 |
7.008.000,00 |
26.648.342,00 |
|
Shareholders
Funds and Liabilities |
|
Shareholders Funds |
|
Capital |
2.250.000,00 |
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Treasury Stock: |
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Reserves : |
|
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|
Legal |
677.959,00 |
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Free |
4.078.305,00 |
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Net Retained |
1.175.148,00 |
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Net Income For the Year |
55.157,00 |
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Total |
8.236.569,00 |
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Short
Term Payable |
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Bank Loans |
6.414.104,00 |
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Supliers Fixed Asset |
171.844,00 |
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State and Other Public
Bodies |
400.610,00 |
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Other Creditors |
1.000.663,00 |
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Trade Creditors |
2.352.946,00 |
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Group Companies |
503.402,00 |
|
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Subtotal |
10.843.568,00 |
|
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Medium
and Long Term Payable |
|
Subtotal |
6.493.989,00 |
|
|
Accruals
and Deferrals |
|
Accrued Charges |
1.074.216,00 |
|
|
Subtotal |
1.074.216,00 |
|
|
TOTAL LIABILITIES |
18.411.773,00 |
|
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TOTAL LIABILITIES AND
SHAREHOLDERS FUNDS |
26.648.342,00 |
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Income
Statement |
|
Costs
and Losses |
|
Cost of : |
|
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Subtotal |
24.704.257,00 |
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Outside Supplies and
Services |
8.018.692,00 |
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Personnel Costs |
|
|
|
Subtotal |
4.002.431,00 |
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Depreciation |
718.618,00 |
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Provisions |
95.562,00 |
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Subtotal |
814.180,00 |
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Other Operating Costs |
61.924,00 |
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Int. and Similar Costs: |
|
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Subtotal |
1.134.483,00 |
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Ext. Costs and Losses |
125.569,00 |
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Taxation Over Income |
49.783,00 |
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Net Income For the Year |
55.157,00 |
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Income
and Profits |
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Sales of : |
|
|
|
Products |
36.321.828,00 |
|
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Services Provided |
856.907,00 |
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Subtotal |
37.178.735,00 |
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Supplementary Income |
1.400.593,00 |
|
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Other Operating Income
and Gains |
52.714,00 |
|
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Subtotal |
1.453.307,00 |
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Trading Securities Income
|
|
|
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Int. and Similar Costs |
|
|
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Other |
164.290,00 |
|
|
Extra Income and Gains |
170.144,00 |
|
|
Net Income For the Year |
55.157,00 |
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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 |
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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%)