MIRA INFORM REPORT
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Report Date : |
31.10.2008 |
IDENTIFICATION
DETAILS
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Name : |
STROKER S.A. |
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Registered Office : |
Calle Rincon 531, Of. 502, Montevideo |
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Country : |
Uruguay |
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Date of Incorporation : |
29.09.1999 |
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Legal Form : |
Joint-Stock Company |
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Line of Business : |
Trading of Pharmaceutical Products of Human Use. |
RATING &
COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION
CORRECT COMPANY NAME : STROKER S.A.
TAXPAYER REGISTRATION :
RUT
21417302001-4
OPERATING STATUS : Active
MAIN ADDRESS :
Calle
Rincon 531, Of. 502
CITY/PROVINCE/STATE : Montevideo
COUNTRY :
URUGUAY
TELEPHONE :
(5982)916.9000
E - MAIL :
sosa@mva.com.uy
SUMMARY
Incorporation : 1999
Operating Status : Active
Last Capital : Ps$.1,200,000.=
Pesos
Financial Situation : UNDETERMINED
Employees : 1
Rating : Poor
Payments : (No payment
experience traced)
Business Trend : Undetermined
QUALIFICATION
RATING : Poor
PAYMENTS : (No payment experience traced)
LEGAL BACKGROUNDS
LEGAL STATUS : Joint-Stock
Company
DATE OF INCORPORATION : 29SEP1999
REGISTERED IN : Montevideo
DURATION :
100
years
CURRENT PAID-IN CAPITAL : Ps$.1,200,000.= Pesos
LISTED AT STOCK EXCHANGE: No
CURRENT EXCHANGE RATE : Ps$.22.80 per 1.00 US Dollar
COMMENTS
The subject company was established according to its Articles of
Association dated 29.09.1999, and was duly registered at the Public Registry on
24.11.1999.
DIRECTORS / EXECUTIVES / SHAREHOLDERS
FULL NAMES / COMPANY NAME TITLE
OWNERSHIP %
FERNANDEZ GENTA, PABLO NIBER Executive President 100%
WHO IS WHO ?
FERNANDEZ GENTA, PABLO NIBER
NATIONALITY : Uruguayan
BORN : 1973
BACKGROUNDS
Performs as Legal Representative and only one in charge of STOKER S.A.
RELATED COMPANY(IES)
None reported.
BUSINESS
MAIN ACTIVITY .-
Trading Company(intermediary), engaged in trading of pharmaceutical
products of human use. Subject does not buy nor sells under its own name,
performs only as commission agent.
IMPORT : Yes From India and
Italy.
EXPORT : Yes To Argentina
and Brazil.
%
CREDIT SALES/TERMS : 100%
%
FOREIGN SALES(COUNTRIES): 98%
%
FOREIGN PURCHASES : 100%
SELLING TERRITORY :
National
market and abroad.
EMPLOYEES :
1
FACILITIES
Premises : Rented
Use : At caption address
is found the Administrative Seat.
Remarks and other Premises .-
Warehouse: Luis Casanello, Local 59, Zona Franca Colonia (rented
premises).
COMMENTS
STROKER S.A. performs as intermediary, contacting suppliers with trading
companies in the branch of business (clients), obtaining a commission
percentage for each purchase/sale transaction between the parties.
FINANCIAL INFORMATION
Mr. Pablo Fernández Genta (President) with whom we held an interview
provided general information regarding the operations of the company.
However, he refused to give financial accounts of subject company which
he deems confidential. He only told us he will evaluate our request for
financial information and would be advising us a.s.a.P.
As consequence to be able to complete this report we proceeded to
investigate in different external sources, but it was not possible to obtain
financial statements of company allowing us to examine its actual financial
situation.
FINANCIAL SITUATION : UNDETERMINED
The financial situation of this company is considered to be
Indeterminate because of lack of its financial statements to assess its
results.
INSURANCE
Company
BANCO DE SEGUROS DEL ESTADO
PAYMENTS RECORD
TRADE REFERENCES .-
COMMENTS .-
The subject does not have suppliers because it only performs as
intermediary, that is to say it does not buy or sells under its own name. It does
not use services of customs agents either, because its clients themselves take
care of customs clearances.
BANKING INFORMATION
BANKERS
Bank
BANCO HSBC
Subject does transactions with the aforementioned bank, which does not
provide information under privacy laws.
In Uruguay, banks are prohibitted by law to provide any kind of
information regarding their clients. Therefore we are unable to provide any
banking details.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.25 |
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UK Pound |
1 |
Rs.80.36 |
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Euro |
1 |
Rs.62.84 |
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%)