MIRA
INFORM REPORT
|
Report Date : |
22.07.2008 |
IDENTIFICATION
DETAILS
|
Name : |
3 MARCOS-INDUSTRIAS METALICAS SA |
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|
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Registered Office : |
Rua dos 3Marcos, n.º 249, Apartado 214 - Vale do Grou,
Agueda 3754-909 |
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Country : |
Portugal |
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|
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Financials (as on) : |
31.12.2007 |
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|
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Date of Incorporation : |
04.04.1978 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture of Fasteners,
Screw Machine Products, Chain and Springs |
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 |
|
Maximum Credit Limit : |
Euros 49.880,00 |
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|
|
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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|
|
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Litigation : |
Clear |
Identification
Name 3 MARCOS-INDUSTRIAS METALICAS SA
V.A.T. Number / NIF 500775605
Address Rua dos 3Marcos, n.º 249, Apartado 214 - Vale do Grou
Locality Agueda
Postal Code 3754-909-AGUEDA
Municipality AGUEDA
District AVEIRO
Telephone 234600200
Fax 234601917
E-Mail 3marcos@eu-steel.com
Web Site www.3marcos.com
C.A.E. 28741-
Manufacture of fasteners, screw machine products, chain and springs
All the amounts are express
in Euros, otherwise you will be advised
Summary
Legal Form Joint
Stock Company
Constitution 04-04-1978
V.A.T. Number / NIF 500775605
Employees 110
Capital 2.500.000,00
Sales in : 31-12-2007 7.949.886,32
Shareholders Funds in: 31-12-2007 3.694.477,86
Credit Recommended
Credit Limit 49.880,00
Condition Normal
Tendency Stationary
Financing Guaranteed
Payments Good
Actual Condition In
activity
Governing
Bodies
Board of Director's
ARMINDO ALMEIDA
ABRANTES Shareholder and Administrator
ALBERTO JORGE
LISBOA DE OLIVEIRA Shareholder and Administrator
HILARIO MANUEL
FERREIRA DOS SANTOS Shareholder and Administrator
MOISES JOAQUIM
CARDOSO CORREIA Shareholder and Administrator
FERNANDO JORGE
BAPTISTA PINHEIRO DE AZEVEDO Shareholder and Board of Director's Pres.
Fiscal
Board
DOMINGOS JOSE DA
SILVA CRAVO Fiscal Board Substitute
CRAVO,FORTES,ANTAO
& ASSOCIADOS SROC Unique Fiscal
Boards
VITOR MOISES DIAS
DAS NEVES COSTA Financial Director
Banks
and Financial Institutions
BANCO BPI, SA Águeda
CAIXA GERAL DE
DEPOSITOS, SA Águeda
MILLENNIUM BCP Águeda
BANCO ESPIRITO
SANTO, SA Águeda
Historical
Registed on the Register
Record Office of Agueda with the Register Number 500775605 677 in 04-04-1978
Constitution celebrated in
04-04-1978 published on Diário da República number 135 of 15-06-1978
To oblige the company it is
necessary 2 signature
Changes
to Society
In 30-03-2006 on Portal MJ
of 08-09-2006 board of director's change
In 21-01-2004 on Diário da República number 69 of 22-03-2004 capital
change
In 06-05-2002 on Diário da República number 176 of 01-08-2002 capital
change alteração aos orgãos sociais, alteração ao objecto social e alteração de
sede social
In 24-01-2002 on Diário da
República number 185 of 12-08-2002 board of director's change
In 30-08-2000 on Diário da República number 219 of 21-09-2000
denomination change de Indústrias Metálicas 3 Marcos SA para 3
Marcos-Indústrias Metálicas SA.
Capital
The Capital is 2.500.000,00 , divided in 2500000
shares , with a nominal value of 1,00
with the following
shareholders
ARMINDO ALMEIDA ABRANTES 598.602,00 23,944%
ALBERTO JORGE LISBOA DE OLIVEIRA 299.300,00 11,972%
INFERCHAPA-INDUSTRIA DE FERRO E CHAPA SA 304.000,00 12,16%
HILARIO MANUEL FERREIRA DOS SANTOS 250.000,00 10%
MOISES JOAQUIM CARDOSO CORREIA 250.000,00 10%
FERNANDO JORGE BAPTISTA PINHEIRO DE AZEVEDO 2 99.301,00 11,972%
Shareholders
/ Partners Companies
NAME INFERCHAPA-INDUSTRIA
DE FERRO E CHAPA SA
Funtion Shareholder
Address Lugar de Vale do
Grou, Apartado 375
Locality AGUADA DE CIMA
Telephone 234600360
Fax 234625487
E-Mail inferchapa@eu-steel.biz
C.A.E. 27340-Trefilagem
Insurance
Company
Mapfre Seguros Generales
Zurich Companhia de Seguros SA
Companhia de Seguros A GLOBAL SA
Special Information
Event General
Description
Quality
Certification The
bearer in 1995 got the certification of company for ISO 9001, becoming thus in
1ª company of the sector to be certified in Portugal and repeats in 2004
getting the highest certification for the supply of the Industry Automobile,
through ISO/TS 16949, allowing the same it thus to follow the development in
the creation of new products and projects.
Activities
Line of Business Percentage
Manufacture of fasteners, screw machine products,
chain and springs 100%
|
Type of Clients |
Retailers/Wholesalers/Private
Companies |
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|
|
Sales Conditions |
Credit |
|
|
|
Imports |
70% |
from |
ALEMANHA,ESPANHA,ITALIA |
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Exports to |
ALEMANHA,BRASIL,ESPANHA,FRANÇA,HUNGRIA,POLONIA,REPÚBLICA
CHECA,TUNISIA,TURQUIA |
|
|
Trade Marks
3 Marcos
Freud
Sporg
Employees
Total 110
Head
Office and Installations
Head office, warehouse and factory owned Rua dos 3Marcos, n.º 249,
Apartado 214 - Vale do Grou, Agueda, 3754-909, AGUEDA, Tel:234600200,
Fax:234601917
Incidents
There are no of incidents
on our database
Credit Recommendation
Consulted sources say that
the subject has been respecting its payments and commercial commitments, so
credit connections with this company are recommended.
Participations
The subject participates on
the following company(ies)
NAME ALTENLOH BRINCK
& COMPANHIA-PORTUGAL SA
Address Lugar de Vale do Grou,
Apartado 214
Locality Agueda
Telephone 234600290
Fax 234600299
E-Mail abc@3marcos.com
Web Site www.spax.com
C.A.E. 51540-
Wholesale of hardware, plumbing and heating equipment and supplies
Capital 125.000,00
Participation 48%
NAME 3 MARCOS
WELDING-SISTEMAS DE SOLDADURA LDA
Address Rua dos 3Marcos, n.º 249,
Apartado 214 - Vale do Grou
Locality Agueda
Telephone 234600200
Fax 234601917
E-Mail 3marcos@3marcos.com
Web Site www.3marcos.com
C.A.E. 51540-
Wholesale of hardware, plumbing and heating equipment and supplies
Capital 100.000,00
Participation 40%
Financial
Elements
|
|
31-12-2007 |
|
|
Intangible Assets |
16.952,00 |
|
|
Tangible Assets |
5.049.948,14 |
|
|
Investments |
402.182,11 |
|
|
Stocks |
5.021.469,15 |
|
|
Short Term Receivable |
2.469.266,74 |
|
|
Banks and Cash |
100.743,22 |
|
|
Accruals and Deferrals |
259.251,89 |
|
|
Total Assets |
13.319.813,25 |
|
|
Shareholder's Funds |
3.694.477,86 |
|
|
Medium and Long Term
Payable |
2.938.575,28 |
|
|
Short Term Payable |
5.875.644,15 |
|
|
Accruals and Deferrals |
811.115,96 |
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|
Total Liabilities and
Shareholder's Funds |
13.319.813,25 |
|
|
Cost of Goods and
Consumable Materials |
4.114.507,80 |
|
|
Outside Supplies and
Services |
1.296.622,28 |
|
|
Personnel Costs |
2.106.647,18 |
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|
Sales |
7.949.886,32 |
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|
Supplementary Income |
10.088,26 |
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Comparatives
|
|
31-12-2005 |
31-12-2006 |
31-12-2007 |
|
Net Sales |
6.371.459,00 |
7.301.971,09 |
7.949.886,32 |
|
Net Income For the Year |
25.219,00 |
75.667,32 |
32.611,27 |
|
Clients |
|
2.299.678,17 |
2.302.754,10 |
|
Current Assets |
6.238.162,00 |
8.529.601,27 |
7.850.731,00 |
|
Short Term Payables |
5.266.681,00 |
5.697.344,33 |
5.875.644,15 |
|
Cash Flow |
971.481,00 |
2.832.256,94 |
1.975.086,85 |
|
Total Assets |
10.590.788,00 |
12.810.234,65 |
13.319.813,25 |
|
Total Liabilities |
6.836.106,00 |
8.979.885,47 |
9.625.335,39 |
|
Shareholders Funds |
3.754.682,00 |
3.830.349,18 |
3.694.477,86 |
|
Personnel Costs |
1.811.307,00 |
1.902.515,08 |
2.106.647,18 |
Ratios
|
|
31-12-2005 |
31-12-2006 |
31-12-2007 |
|
FINANCIAL SITUATION |
|
|
|
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General Liquidity |
1,18 |
1,50 |
1,34 |
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Immediate Liquidity |
0,36 |
0,53 |
0,48 |
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Financial Autonomy |
0,35 |
0,30 |
0,28 |
|
Solvency |
0,55 |
0,43 |
0,38 |
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RENTABILITY |
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Sales Rentability |
0,40 % |
1,04 % |
0,41 % |
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Sales Rate Increase |
|
14,60 % |
8,87 % |
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EFFICIÊNCY |
|
|
|
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Assets Turnover |
0,60 |
0,57 |
0,60 |
|
Medium Term of Receiving |
|
108,16 |
98,86 |
|
Balance Sheet and Income Statement |
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|
Balance Sheet |
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CoinEURO |
|
Date31-12-2007 |
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||
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Gross Assets |
Depreciations /
Provisions |
Net Assets |
|
Intangible Assets |
|
Start-Up Costs |
228.506,08 |
220.106,41 |
8.399,67 |
|
Ind.Prop.Other Rights |
4.457,08 |
919,98 |
3.537,10 |
|
Capital Exp. in Progress |
5.015,23 |
|
5.015,23 |
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Subtotal |
237.978,39 |
221.026,39 |
16.952,00 |
|
Tangible Assets |
|
Land and Natural
Resources |
1.315.170,00 |
|
1.315.170,00 |
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Buildings and Improvments
|
2.906.945,16 |
715.980,98 |
2.190.964,18 |
|
Basic Equipment |
4.421.915,01 |
3.676.693,86 |
745.221,15 |
|
Transport Equipment |
451.297,32 |
327.159,07 |
124.138,25 |
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Loose Tools |
110.602,14 |
74.894,46 |
35.707,68 |
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Administrative Equipment |
345.317,26 |
224.574,83 |
120.742,43 |
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Return. Cont. and Empties
|
24.932,00 |
10.807,76 |
14.124,24 |
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Other Fixed Assets |
37.093,57 |
32.903,42 |
4.190,15 |
|
Capital Exp. in Progress |
499.690,06 |
|
499.690,06 |
|
Subtotal |
10.112.962,52 |
5.063.014,38 |
5.049.948,14 |
|
Financial
Investments |
|
In Associated Companies |
401.901,11 |
|
401.901,11 |
|
Sec. and Other Short Term
Inv. |
281,00 |
|
281,00 |
|
Subtotal |
402.182,11 |
|
402.182,11 |
|
Stocks |
|
Raw and Cons. Materials |
368.609,95 |
|
368.609,95 |
|
Fin. and Semi-Proc. Prod.
|
220.631,14 |
|
220.631,14 |
|
Fin. Prod. and Interm. |
802.793,88 |
208.748,52 |
594.045,36 |
|
Goods for Sale |
4.323.480,32 |
485.297,62 |
3.838.182,70 |
|
Subtotal |
5.715.515,29 |
694.046,14 |
5.021.469,15 |
|
Short
Term Receivable |
|
Trade Debtors |
2.153.263,39 |
|
2.153.263,39 |
|
Trade Debtors Not. Rec. |
149.490,71 |
|
149.490,71 |
|
Debtors-Doubtful Recovery
|
332.123,83 |
331.307,34 |
816,49 |
|
State and Other Pub.
Bodies |
15.737,06 |
|
15.737,06 |
|
Other Debtors |
178.054,11 |
28.095,02 |
149.959,09 |
|
Subtotal |
2.828.669,10 |
359.402,36 |
2.469.266,74 |
|
Bank
Deposits and Cash |
|
Cash |
5.972,67 |
|
5.972,67 |
|
Bank Deposites |
94.770,55 |
|
94.770,55 |
|
Subtotal |
100.743,22 |
|
100.743,22 |
|
Accruals
and Deferrals |
|
Subtotal |
259.251,89 |
|
259.251,89 |
|
|
|
Total Depreciation |
|
5.284.040,77 |
|
|
Total Provisions |
|
1.053.448,50 |
|
|
Total Assets |
19.657.302,52 |
6.337.489,27 |
13.319.813,25 |
|
Shareholders
Funds and Liabilities |
|
Shareholders Funds |
|
Capital |
2.500.000,00 |
|
|
Treasury Stock: |
|
|
|
Capital Adjustments |
(2.669,38) |
|
|
Reserves : |
|
|
|
Revaluation |
1.465.677,95 |
|
|
Legal |
5.261,00 |
|
|
Free |
74.330,90 |
|
|
Net Retained |
(380.733,88) |
|
|
Net Income For the Year |
32.611,27 |
|
|
Total |
3.694.477,86 |
|
|
Short
Term Payable |
|
Bank Loans |
4.634.734,00 |
|
|
Supliers Fixed Asset |
287.698,97 |
|
|
State and Other Public Bodies
|
100.312,67 |
|
|
Other Creditors |
5.724,37 |
|
|
Trade Creditors |
734.336,82 |
|
|
Shareholders |
58.358,80 |
|
|
Other Loans |
54.478,52 |
|
|
Subtotal |
5.875.644,15 |
|
|
Medium
and Long Term Payable |
|
Bank Loans |
1.747.763,80 |
|
|
Suppliers-Fixed Asset |
1.086.663,65 |
|
|
Shareholders |
43.841,01 |
|
|
Other Loans |
60.306,82 |
|
|
Subtotal |
2.938.575,28 |
|
|
Accruals
and Deferrals |
|
Subtotal |
811.115,96 |
|
|
TOTAL LIABILITIES |
9.625.335,39 |
|
|
TOTAL LIABILITIES AND
SHAREHOLDERS FUNDS |
13.319.813,25 |
|
|
Income
Statement |
|
Costs
and Losses |
|
Cost of : |
|
|
|
Goods for resale |
3.034.883,61 |
|
|
Raw and Consumable
Materials |
1.079.624,19 |
|
|
Subtotal |
4.114.507,80 |
|
|
Outside Supplies and
Services |
1.296.622,28 |
|
|
Personnel Costs |
|
|
|
Remunerations |
1.723.139,73 |
|
|
Other |
383.507,45 |
|
|
Subtotal |
2.106.647,18 |
|
|
Depreciation |
273.893,45 |
|
|
Provisions |
8.862,44 |
|
|
Subtotal |
282.755,89 |
|
|
Taxes |
32.688,11 |
|
|
Other Operating Costs |
2.422,42 |
|
|
Subtotal |
35.110,53 |
|
|
Int. and Similar Costs: |
|
|
|
Other |
482.610,13 |
|
|
Subtotal |
482.610,13 |
|
|
Ext. Costs and Losses |
9.702,33 |
|
|
Net Income For the Year |
32.611,27 |
|
|
Income
and Profits |
|
Sales of : |
|
|
|
Goods for resale |
4.747.492,41 |
|
|
Products |
2.889.772,00 |
|
|
Services Provided |
312.621,91 |
|
|
Subtotal |
7.949.886,32 |
|
|
Variation in Production |
6.313,57 |
|
|
Own Works |
53.384,55 |
|
|
Supplementary Income |
10.088,26 |
|
|
Operating Subsidies |
73.191,77 |
|
|
Other Operating Income
and Gains |
45.382,55 |
|
|
Subtotal |
128.662,58 |
|
|
Gains in Group and Ass. Companies
|
96.651,33 |
|
|
Trading Securities Income
|
|
|
|
Other |
249,30 |
|
|
Int. and Similar Costs |
|
|
|
Other |
77.430,43 |
|
|
Subtotal |
174.331,06 |
|
|
Extra Income and Gains |
39.034,56 |
|
|
Operating Income |
302.603,34 |
|
|
Financial Income |
(308.279,07) |
|
|
Current Income |
(5.675,73) |
|
|
Net Income Before
Taxation |
23.656,50 |
|
|
Net Income For the Year |
32.611,27 |
|
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.42.33 |
|
UK Pound |
1 |
Rs.84.32 |
|
Euro |
1 |
Rs.66.75 |
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%)