MIRA INFORM REPORT

 

 

 

Report Date :

30.09.2008

 

IDENTIFICATION DETAILS

 

Name :

ERWIN GUTH LTDA.

 

 

Registered Office :

Rua Alvaro Fragoso,374  /378 - Vl Independencia  04.223-000 - São Paulo/SP

 

 

Country :

Brazil

 

 

Date of Incorporation :

27.02.1957

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacture of Medical and Surgical Instruments

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 


 

 

name of the company

 

ERWIN GUTH LTDA.

 

 

ADDRESSES

 

MAIN ADDRESS:

RUA ALVARO FRAGOSO,374  /378 - VL INDEPENDENCIA

ZIP CODE/CITY:

04.223-000 - SÃO PAULO/SP

 

 

PHONE:

11 2271-3900

FAX:

11 2171-3901

WEB SITE:

http://www.erwinguth.com.br

 

BRANCHES:

 

NOT AVAILABLE.

 

 

LEGAL DATA

 

MAIN ACTIVITIES:

 

MANUFACTURE OF MEDICAL AND SURGICAL INSTRUMENTS.

 

LEGAL FORM:

LIMITED LIABILITY COMPANY

 

 

INCORPORATION DATE:

27/02/1957

REGISTER DATE:

06/04/1957

BALANCE SHEET FILING DATE:

31/12

TAX CONTRIBUTOR NUMBER(CNPJ):

61.585.824/0001-65

STATE REGISTER:

103783080116

 

 

SHARE CAPITAL:

R$ 1.170.000,00

LAST REGISTER OF CAPITAL:

25/03/2004

 

BOARD OF DIRECTORS:

 

 

 

ERWIN GUTH JUNIOR

MANAGING PARTNER

GUDRUN HELENA GUTH ESTEVES

MANAGING PARTNER

KARIN BRIGITTE GUTH WOLTER

MANAGING PARTNER

 

AUTHORIZED USE OF SIGNATURE:

 

THE MANAGING PARTNERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY.

 

SHAREHOLDERS / PARTNERS:

 

 

 

ERWIN GUTH JUNIOR

R$ 397.800,00

GUDRUN HELENA GUTH ESTEVES

R$ 386.100,00

KARIN BRIGITTE GUTH WOLTER

R$ 386.100,00

 

 

 

AFFILIATES / SUBSIDIARIES:

 

 

 

NOT AVAILABLE.

 

 

 

 

COMPANY'S BACKGROUND

 

THE SUBJECT WAS ESTABLISHED ON FEBRUARY 27, 1957 TO BE ENGAGED IN THE SAID LINE OF BUSINESS AND UP TO DATE IT IS STILL OPERATING WITHIN THE GENERAL SCENE REPORTED HEREIN.

 

CERTIFICATIONS:

ISO 13485:2003 TÜV NORD CERT GMBH.

ISO 9001:2000 TÜV NORD CERT GMBH (IAF).

ISO 9001:2000 ( BRTUV ) / IN METRO.

 

 

PARTNERS:

 

ERWIN GUTH: BRAZILIAN, HOLDER OF DOCUMENTS CPF 174.519.428-21, RG 24.611.100-8 SP, RESIDENTIAL ADDRESS AT AV. DR. GUILHERME DUMONT VILARES 1520, APT 11, SÃO PAULO/SP.

 

GUDRUN HELENA GUTH ESTEVES: BRAZILIAN, HOLDER OF DOCUMENTS CPF 8.226.118-5, RG 7.744.096 SP, RESIDENTIAL ADDRESS AT TRAVESSA MONTE ALEGRE 120, COTIA/SP.

 

KARIN BRIGITTE GUTH WOLTER: BRAZILIAN, HOLDER OF DOCUMENTS CPF 11.590.558-82, RG 7.744.095 SP, RESIDENTIAL ADDRESS AT AV. ALTO DE ALPHAVILLE 500, CASA 45, SANTANA DE PARNAIBA/SP.

 

FURTHER DETAILS ARE SO FAR NOT KNOWN.

 

REMARKS:

--------

 

WHEN CONTACTING THE SUBJECT WE INTERVIEWED MS DANIELA, FINANCIAL MANAGER, WHO INFORMED THAT WOULD NOT DISCLOSE ANY KIND OF INFORMATION UNLESS THE INQUIRING PARTY'S NAME WAS DISCLOSED.

 

IF IT IS POSSIBLE TO DISCLOSE THE NAME OF THE INTERESTED SUPPLIER OF THE SUBJECT, WE MAY RESUME OUR CONTACTS AND TRY TO OBTAIN FURTHER INFORMATION.

 

THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE SOURCES, OUR DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL SOURCES USUALLY INVESTIGATED.

 

PUBLIC RECORDS INFORMATION:

 

NO DETRIMENTAL FILES WERE FOUND.

(RESEARCH DATE: 26/09/2008)

 


 

FINANCIAL INFORMATION

 

DUE TO THE SUBJECT'S LEGAL FORM, IT IS NOT OBLIGED TO PUBLISH THE BALANCE SHEET INFORMATION. WHEN INTERVIEWING SOURCES AT THE SUBJECT COMPANY DECLINED TO PROVIDE ANY KIND OF FINANCIAL INFORMATION.

 

OUTSIDE SOURCES CONTACTED SHOWED NO FINANCIAL DATA ABOUT THIS COMPANY.

 

 

EXCHANGE RATE:

 

 

US$ 1,00 = R$ 1,85

 - OFFICIAL RATE ON 26/09/2008

 

 

 

 

COMMENTS ON THE FINANCIAL INFORMATION:

 

 

IN THE ABSENCE OF FINANCIAL INFORMATION NO COMMENTS CAN BE MADE ABOUT THE SUBJECT'S CURRENT FINANCIAL STANDING.

 

 

 

 

 

 

 

 

REAL ESTATE:

 

NOT AVAILABLE

 

VEHICLES:

 

NOT AVAILABLE

 

MACHINES:

 

NOT AVAILABLE

 

 

INSURANCE

 

NOT AVAILABLE.

 

 

BANKING REFERENCES

 

NOT AVAILABLE.                                                                                                       

 

REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW PROHIBITION WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS.

 

ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY HAS NOT RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682 BRAZILIAN CENTRAL BANK"). DATE RESEARCHED SEPTEMBER 26, 2008.


 

ACTIVITIES COMMENTS

 

THE SUBJECT IS ENGAGED IN THE MANUFACTURE OF MEDICAL, SURGICAL AND ODONTOLOGICAL INSTRUMENTS.

 

 

 

 

 

IMPORT AND EXPORT:

 

 

IMPORTS FROM:

NOT AVAILABLE.

 

EXPORTS TO:

NOT AVAILABLE.

 

 

 

 

MAIN CLIENTS:

 

 

 

 

 

DOMESTIC CLIENTS:

 

 

NOT AVAILABLE.

 

 

 

 

 

 

 

STAFF:

 

THE COMPANY HAS: 42 EMPLOYEE(S)

 

 

CONCEPT AND FULFILMENT

THE SUBJECT IS AN OLD ESTABLISHED COMPANY, OPERATING SINCE 1957. SO FAR IT HAS A CLEAR TRADE HISTORY AND NORMAL PAYMENT BEHAVIOUR.

 

THE COMPANY HAS TRADE RELATIONS WITH SOME LOCAL SUPPLIERS BUT UP TO DATE ONLY SMALL PAYMENTS WERE REPORTED AND THE SUBJECT IS NOT SAID TO BE USER OF TRADE CREDIT FACILITIES.

 

 

 

 

 

 

MAIN SUPPLIERS:

 

 

 

 

 

DOMESTIC SUPPLIERS:

 

 

NOT AVAILABLE.

 

 

 

 

PAYMENT HISTORY:

 

04 SUPPLIERS REPORTED PAYMENTS:

   TOTAL AMOUNT:  R$ 4.029,00

 

AMOUNT OF INVOICES PAID: 8

TOTAL OF PROMPT PAYMENTS: 85,1%

TOTAL OF DELAYED PAYMENTS: 14,9%

 

HIGHEST INVOICE: R$ 612,00

HIGHEST CREDIT: R$ 612,00

 


 

FINAL OPINION

BASED ON THE OVERALL DATA AVAILABLE THE SUBJECT MAY BE CONSIDERED FOR NORMAL BUSINESS COMMITMENTS. CREDIT FACILITIES HOWEVER SHOULD BE GRANTED ON FULLY SECURED TERMS ONLY DUE TO THE ABSENCE OF FINANCIAL DATA.

 

 

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.46.96

UK Pound

1

Rs.83.91

Euro

1

Rs.66.36

 

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions