MIRA
INFORM REPORT
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Report Date : |
15.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
TECNOMYL SRL |
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Registered Office : |
Avda. Aviadores del Chaco 3301, Asuncion, Paraguay Republic. |
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Country : |
Paraguay |
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Date of Incorporation : |
1991 |
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Legal Form : |
Limited Liability Company. |
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Line of Business : |
Importation, Exportation, Manufacture and
Commercialization of Agrochemist. |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Registered Name
TECNOMYL S.R.L.
R.U.C. Nº 80005230-7
Summary
COMPANY CONTITUTED
IN 1991, BEGINNER OF THE ACTIVITIES THAT IT PERFORMS, IT`S DIRECTIVES REFUSED TO
SUPPLY FINANCIAL INFORMATION. IT DEVELOPS ITS ACTIVITIES WITHIN A MIDDLE
IMPORTANCE SPHERE. FULFILLING WITHOUT OBJECTIONS. IT IS CONSIDER SUITABLE FOR
COMMON IMPORTANCE CREDITS OVER REGULAR BASES, IN CASE OF HIGHER AMOUNTS REQUIRE
ADDITIONAL GUARANTEES.
Operations
IMPORTATION,
EXPORTATION, MANUFACTURE AND COMMERCIALIZATION OF AGROCHEMIST.
Legal Structure
BUSINESS TYPE : Limited Liability Company
CONSTITUTED : 1991
REGISTERED :
1991
DURATION :
UNLIMITTED
END OF BALANCE SHEET : 31.12
Contact
Mr. Zulmar Carmo (Accountant)
Operational and legal address:
Avda. Aviadores del Chaco 3301, Asuncion, Paraguay Republic.
Phone. 595-21 614401
Fax. 595-21 614404
E.Mail: Zulmar@tecnomyl.com.py
Website: tecnomyl@tecnomyl.com.py
Production plant:
Parque Industrial Avay, Ciudad de Villeta, Paraguay Republic.
Partners
Partners:
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ANIBAL JOSE MOCCHI
JOSE MARCOS SARABIA
Social signature: in charge of the above mentioned ones.
Corporate Stock
The social capital
rise to Guaranies 26.000.000.000, which is equialy contributed by the
previously mentioned partners.
History
The company was
incorporated in 1991, as beginner of activities, being its founding members the
aforementioned people.
Economic-Financial
Position
Our inquiries were replied by Mr. Zulmar Carmo, who refused to supply all kind of information, regulation resolve by it`s directives.
From other sources it was notice that the society is normally developing its
activities within a middle important sphere, without up`s and down`s.
Assets
Owner of the
properties that it occupies, of an interesting realization value.
Parent/Related
Companies
AGROFERTIL S.A.
GILFORD
INTERNATIONAL S.A.
Evolution and
Results
Society engaged to the importation, exportation, production and
commercialization of agrochemical products. (fungicides, herbicides and
insecticides).
It has an
appropiated infrastructure, where its directives are in charge of the
organization, with 55 administrative employees and 192 operatives.
It realize imports from Argentina, Brazil, China, Holland, Germany, Israel,
Japan and India.
Its production satisfies the needs of the national market, being notorious its
incursion the exports to Bolivia.
In Paraguay is the number one in sales, with the 26%. In the national market is
the second company, with a higher percentage of sale.
It has a research laboratory in Cordoba (Argentina), where it realizes new
formulas and innovations.
Its activities are qualify as normal, and it receives stable perspectives from
the field.
REGULAR SUPPLIERS:
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OXITENO S.A. (BRAZIL)
CLARIANT (BRAZIL)
Payment Record and
Credit Risk
INTERBANCO S.A.
Headquarters
INSURANCES:
MAPFRE S.A..
General risks.
Concept
The society is
normally developing its obligations, and it has an acceptable commercial
behavior, receiving the necessary credit support from its regular providers.
ACCOMPLISHMENT:WITHOUT OBJECTION
Final Opinion
The information herein exposed is all the information available
regarding the society, therefore, we consider it is suitable for new credits of
moderate importance and over regular bases.
For higher amounts, it is advisable to require additional guarantees to ensure
the normal recovery of the capital exposed.
RATING
EXPLANATIONS
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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%)