MIRA
INFORM REPORT
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Report Date : |
10.09.2008 |
IDENTIFICATION
DETAILS
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Name : |
DINOX S.A |
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Formerly Known as : |
DAAX S.A., |
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Registered Office : |
Eva Perón (ex Pasco) No. 868 (1934), Tempeley, Pcia. de Buenos Aires |
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Country : |
Argentina |
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Date of Incorporation : |
1980 |
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Legal Form : |
Limited Company |
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Line of Business : |
Manufacture and Commercialization of Stainless Steel (Screws Allen, Rivets, Threaded Nuts, Rods, Asparagus, Longs Bolt, Buckets, Washers and Pins). |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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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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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Registered Name
DINOX S.A.
CUIT No.: 30-61848452-8
Summary
BEGINNER OF ACTIVITIES. INCORPORATED IN 1980. NO FINANCIAL DATA
PROVIDED. NO NEGATIVE ANTECEDENTS. APT FOR CREDIT WITH GUARANTEES.
Operations
STAINLESS STEEL
MANUFACTURE
COMMERCIALIZATION
Legal Structure
BUSINESS TYPE: LIMITED COMPANY
INCORPORATED: 1980
REGISTERED: 6.1.1980
DURATION: 99 YRS
END OF FISCAL YR: DEC 31
Contact
LEGAL ADDRESS AND HEADQUARTERS: Av.
Eva Perón (ex Pasco) No. 868 (1934), Tempeley, Pcia. de Buenos Aires, República
Argentina.
Tel.: (54-11) 4243-6372/4292-8522
Website: www.dinoxsa.net
Partners
LAST KNOWN:
President:
CUATRINI ERNESTO PEDRO
Alternate Director: CUATRINI SERGIO ERNESTO
USE OF SIGNATURE: PRESIDENT
Corporate Stock
SHARE CAPITAL: $ 60.000 SUBSCRIBED AND PAID IN, REPRESENTED BY 600
COMMON SHARES, NOMINATIVE, NONENDORSABLE, PART VALUE $1.00 EACH WITH RIGHT TO
VOTE PER SHARE.
Personal Information
CUATRINI ERNESTO PEDRO:
ARGENTINE, MARRIED, DNI.No.: 10.462.649.
CUATRINI SERGIO ERNESTO:
ARGENTINE, MARRIED, DNI.No. 24.2561.
History
Based on data in our power, we can
indicate that these businesses were started up by the company DAAX S.A.,
which came operating without major variables until 15/03/1999 in which, in
common agreement between the interested parts, changed it nate to DINOX
S.A. with which it comes operating until the present.
There's no Knowledge that is an integral part of some economic group or
that their managers maintain interference in some other companies.
Economic-Financial Position
Taken contact with people in charge of the
titular company and imposed on the necessity to have accountant
information, they said that without knowing the origin the order and the causal
reasons of the same, information would not be offer.
As a result of it we had to resort to indirect means with negative
results, since no one was able to express with certainty on the
individual.
Anyway, coincidences exist in which it is company of reasonable importance in
his sector which until the present develops without apparent difficulties
Assets
Due to the reluctant attitude of those who took care of our requirement,
it has not been possible to determine if to the name of the holder there are
registered real estate and/or vehicles that increase their patrimonial
responsibility
Evolution and Results
It is possible to indicate that the company
under commentary is dedicated to manufacture and commercialization of stainless
steel (screws allen, rivets, threaded nuts, rods, asparagus, longs bolt,
buckets, washers and pins).
To the predicted aims it is located with soothes operative in the address
mentioned, where it occupies building of medium dimensions, in whose interior
it is easy to appreciate the existence of facilities and machinery in agreement
with the quality of its products.
They take care of sud personally directive, who count on the help of the
necessary personnel.
It makes specific imports from Taiwan, China and Italy among others countries,
not being well-known its incursion in the exporting market.
Concept
It has not been allowed to take contact with
listi of suppliers to which to resort, in search of precisions on the modes of
payment that sustain the titular company.
Anyway, it is possible to indicate that in data bank, there are no judgment
elements that affect their conceptual corollary.
* FULFILLMENT: NOT DETERMINED CONVINCINGLY.
Final Opinion
Although there are no judgment elements that affect the concept of
the titular company, the lack of financial information and the
absence of references suggests the convenience of building on very firm bases,
in the assumption of interested his relation credit.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.12 |
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UK Pound |
1 |
Rs.79.60 |
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Euro |
1 |
Rs.63.83 |
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%)