MIRA INFORM REPORT
|
Report Date : |
15.04.2011 |
IDENTIFICATION DETAILS
|
Name : |
VALDEQUIMICA PRODUTOS QUÍMICOS LTDA |
|
|
|
|
Registered Office : |
Rua Dos Três Irmãos,212 / 218 – Caxingui, 05615-190 - São Paulo/Sp |
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Country : |
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|
Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
24.07.1972 |
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Legal Form : |
Limited Liability Company |
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|
|
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Line of Business : |
Wholesale and import of chemical
and pharmaceutical products, with its core products being vitamines and
antibiotics |
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 : |
USD 300.000,00 |
|
Status : |
Good |
|
Payment
Behaviour : |
Usually Correct |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
|
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
Company
name
VALDEQUIMICA
PRODUTOS QUÍMICOS LTDA
Company ADDRESSES
|
MAIN ADDRESS: |
RUA DOS TRÊS IRMÃOS,212 / 218 - CAXINGUI |
|
ZIP CODE/CITY: |
05615-190 - SÃO PAULO/SP |
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|
|
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PHONE: |
11 3722-3738 |
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FAX: |
11 3722-3738 |
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E-MAIL: |
paulo@valdequimica.com.br |
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WEB SITE: |
www.valdequimica.com.br |
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BRANCHES: |
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|
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ADDRESS: |
AVENIDA PROFESSOR FRANCISCO MORATO,1815 - BUTANTÃ |
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ZIP CODE/CITY: |
05513-200 SÃO PAULO/SP |
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|
|
|
ADDRESS: |
AVENIDA CÉSAR SIMÕES,361 - JARDIM HENRIQUETA |
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ZIP CODE/CITY: |
06764-480 TABOÃO DA SERRA/SP |
LEGAL DATA
|
MAIN ACTIVITIES: |
|
WHOLESALE AND IMPORT OF CHEMICAL AND PHARMACEUTICAL PRODUCTS, WITH ITS
CORE PRODUCTS BEING VITAMINES AND ANTIBIOTICS. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
24/07/1972 |
|
REGISTER DATE: |
16/08/1972 |
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BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
43.365.816/0001-21 |
|
STATE REGISTER: |
108.802.143.113 |
|
|
|
|
SHARE CAPITAL: |
R$ 2.500.000,00 |
|
LAST REGISTER OF CAPITAL: |
22/04/2010 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
ALBANO JOSÉ |
MANAGER |
|
PAULO APARECIDO PEREZ MARTINS |
MANAGER |
AUTHORIZED USE OF SIGNATURE
|
THE MANAGERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
ALBANO JOSÉ |
50% |
|
PAULO APARECIDO PEREZ MARTINS |
50% |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
OVERBOARD ARTIGOS ESPORTIVOS LTDA |
50,00% |
|
HANDLE ARTIGOS ESPORTIVOS LTDA |
50,00% |
|
AMANDA ARTIGOS ESPORTIVOS LTDA |
50,00% |
|
STANCH ARTIGOS ESPORTIVOS LTDA |
50,00% |
|
ENTEMPO ARTIGOS ESPORTIVOS LTDA |
50,00% |
COMPANY'S BACKGROUND
|
THE SUBJECT WAS
ESTABLISHED IN 1972 TO BE ENGAGED IN THE SAID LINE OF BUSINESS AND UP TO DATE
IT IS STILL OPERATING WITHIN THE GENERAL SCENE REPORTED HEREIN. THE COMPANY OPERATES WITH THE TRADE NAME "VALDEQUIMICA". THE CONTACTS WERE MADE THROUGH THE PHONE 11 5079-3729, AT RUA DIONISIO
DA COSTA 340, SÃO PAULO/SP, NA OUTSOURCED ACCOUNTANT. PARTNERS: ALBANO JOSÉ PAULO APARECIDO PEREZ MARTINS: BRAZILIAN, MARRIED, TRADER, HOLDER OF
DOCUMENTS RG # 6.353.323-SSP-SP, CPF # 515.987.448-87, RESIDENTIAL ADDRESS AT
RUA SÃO VICENTE DE PAULA, 606, APTO. 111, SANTA CECÍLIA, ZIP CODE 01229-010,
SÃO PAULO/SP. FURTHER DETAILS ABOUT THE SUBJECT'S HISTORY ARE SO FAR NOT KNOWN. |
|
PUBLIC
INFORMATION: |
|
NO DETRIMENTAL FILES WERE FOUND. |
FINANCIAL INFORMATION
|
GENERAL BALANCE SHEETS AS OF 31/12/2010, 31/12/2009 AND 31/12/2008. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2010 |
31/12/2009 |
31/12/2008 |
|
|
|
|
|
|
CASH |
9.072,79 |
2.946,25 |
56.994,11 |
|
CLIENTS |
4.067.516,46 |
2.342.777,34 |
3.024.763,34 |
|
INVENTORY |
4.081.496,34 |
4.076.503,70 |
4.760.733,57 |
|
BANKS |
535.782,49 |
298.695,07 |
101.409,65 |
|
INVESTMENTS |
23.683,57 |
23.235,67 |
4.213,66 |
|
RECOVERABLE TAXES |
183.628,72 |
|
|
|
ADVANCES |
477.100,40 |
443.920,70 |
269.446,35 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
9.378.280,77 |
7.188.078,73 |
8.217.560,68 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
3.386,21 |
3.386,21 |
3.386,21 |
|
FIXED ASSETS |
1.041.530,75 |
1.013.850,66 |
902.486,44 |
|
DEPRECIATIONS |
-34.015,49 |
-48.891,34 |
-48.891,34 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
1.010.901,47 |
968.345,53 |
856.981,31 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
10.389.182,24 |
8.156.424,26 |
9.074.541,99 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2010 |
31/12/2009 |
31/12/2008 |
|
|
|
|
|
|
SUPPLIERS |
582.294,43 |
351.359,09 |
479.730,52 |
|
SALARY, TAXES & CONTRIB. |
46.719,23 |
36.909,20 |
40.336,60 |
|
SOCIAL OBLIGATIONS |
47.236,21 |
39.296,23 |
32.184,04 |
|
TAXES & CONTRIBUTIONS |
438.372,60 |
127.143,34 |
111.328,07 |
|
LOANS AND FINANCING |
1.995.465,67 |
1.682.897,88 |
1.029.932,00 |
|
IMPORTS PAYABLE |
2.763.820,39 |
2.578.952,23 |
3.894.208,37 |
|
ACCOUNTS PAYABLE |
47.645,57 |
50.269,55 |
85.689,66 |
|
HONORARIES |
267,00 |
|
267,00 |
|
MUTUAL CONTRACT |
110.000,00 |
110.000,00 |
110.000,00 |
|
ADVANCES |
|
36.342,69 |
|
|
OTHER |
34.153,18 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
6.065.974,28 |
5.013.170,21 |
5.783.676,26 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
2.500.000,00 |
2.500.000,00 |
2.500.000,00 |
|
ACCRUED PROFIT (LOSS) |
1.823.207,96 |
643.254,05 |
790.865,73 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
4.323.207,96 |
3.143.254,05 |
3.290.865,73 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
10.389.182,24 |
8.156.424,26 |
9.074.541,99 |
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2010, 31/12/2009 AND 31/12/2008. |
|
( FIGURES ARE IN REAIS ). |
|
|
31/12/2010 |
31/12/2009 |
31/12/2008 |
|
|
|
|
|
|
GROSS SALES |
38.541.041,45 |
29.260.219,57 |
29.039.569,15 |
|
(-) TAXES ON SALES |
6.708.994,98 |
4.639.495,99 |
4.770.197,64 |
|
|
---------------- |
---------------- |
---------------- |
|
NET SALES |
31.832.046,47 |
24.620.723,58 |
24.269.371,51 |
|
(-) COST OF SOLD GOODS |
22.464.190,87 |
18.362.278,08 |
16.251.907,30 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
9.367.855,60 |
6.258.445,50 |
8.017.464,21 |
|
OPERATING REVENUE (EXPENSE) |
-6.255.251,19 |
-4.868.102,01 |
-4.852.819,47 |
|
FINANCIAL REVENUE(EXPENSE) |
-274.463,62 |
-183.153,03 |
-1.444.206,98 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
2.838.140,79 |
1.207.190,46 |
1.720.437,76 |
|
NON-OPERATING RESULT |
5.274,15 |
|
|
|
CONTRIBUTION/INCOME TAX |
-942.761,10 |
-386.444,76 |
-560.617,96 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
1.900.653,84 |
820.745,70 |
1.159.819,80 |
|
MONTHLY SALES |
|||
|
|
2010 |
|
|
|
|
--------------------- |
|
|
|
JANUARY |
R$ 2.739.803,98 |
|
|
|
FEBRUARY |
R$ 2.481.365,25 |
|
|
|
MARCH |
R$ 3.353.584,71 |
|
|
|
APRIL |
R$ 2.386.533,78 |
|
|
|
MAY |
R$ 3.153.000,08 |
|
|
|
JUNE |
R$ 2.688.409,75 |
|
|
|
JULY |
R$ 3.128.731,89 |
|
|
|
AUGUST |
R$ 3.966.238,04 |
|
|
|
SEPTEMBER |
R$ 3.941.603,85 |
|
|
|
OCTOBER |
R$ 4.105.152,73 |
|
|
|
NOVEMBER |
R$ 3.631.778,30 |
|
|
|
DECEMBER |
R$ 2.964.839,09 |
|
|
|
TOTAL |
R$ 38.541.041,45 |
|
|
|
RATIOS: |
31/12/2010 |
31/12/2009 |
31/12/2008 |
|
QUICK RATIO |
,87 |
|
,62 |
|
,60 |
|
|
CURRENT RATIO |
1,55 |
|
1,43 |
|
1,42 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
7,83 |
TIMES |
10,51 |
TIMES |
8,02 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
46,00 |
DAYS |
34,26 |
DAYS |
44,87 |
DAYS |
|
INVENTORY TURNOVER |
5,50 |
TIMES |
4,50 |
TIMES |
3,41 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
9,33 |
DAYS |
6,89 |
DAYS |
10,63 |
DAYS |
|
RETURN ON ASSETS |
3,06 |
TIMES |
3,02 |
TIMES |
2,67 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
7,36 |
TIMES |
7,83 |
TIMES |
7,37 |
TIMES |
|
NET WORTH TIE-UP |
,24 |
|
,32 |
|
,27 |
|
|
INDEBTEDNESS |
1,40 |
|
1,59 |
|
1,76 |
|
|
EQUITY RATIO |
41,61 |
% |
38,54 |
% |
36,26 |
% |
|
WORKING CAPITAL RATIO |
54,60 |
% |
43,38 |
% |
42,08 |
% |
|
GENERAL SOLVENCY |
1,71 |
|
1,63 |
|
1,57 |
|
|
RETURN ON NET EQUITY |
43,96 |
% |
26,11 |
% |
35,24 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
5,97 |
% |
3,33 |
% |
4,78 |
% |
|
GROSS PROFIT MARGIN |
29,43 |
% |
25,42 |
% |
33,04 |
% |
|
OPERATIONAL RESULT |
8,92 |
% |
4,90 |
% |
7,09 |
% |
|
SALES TURNOVER ON LIABILITIES |
5,25 |
TIMES |
4,91 |
TIMES |
4,20 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 1,58 |
- OFFICIAL RATE ON 13/04/2011 |
|
US$ 1,00 = R$ 1,66 |
- OFFICIAL RATE ON 31/12/2010 |
|
US$ 1,00 = R$ 1,74 |
- OFFICIAL RATE ON 31/12/2009 |
|
US$ 1,00 = R$ 2,33 |
- OFFICIAL RATE ON 31/12/2008 |
|
COMMENTS ON THE FINANCIAL
INFORMATION: |
|
FOLLOWS ATTACHED
WORKSHEET WITH MAIN FINANCIAL RATIOS THE FIGURES AVAILABLE
SHOW A NORMAL FINANCIAL STANDING. THE LEVEL OF INDEBTEDNESS IS HIGH BUT IT IS
NOTED GOOD CURRENT RATIO AND POSITIVE WORKING CAPITAL AMOUNT. IN ADDITION IT
SHOWS HIGH GROWING SALES AND PROFITABILITY. |
|
REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$ 100.000,00
THE PARTNERS OWN REAL ESTATE VALUED AT R$ 925.000,00
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$ 226.208,32
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS ARE VALUED AT
R$ 32.114,00
INSURANCE
|
INSURANCE COMPANY: |
CGV CIA. |
|
COVERAGE: |
SEVERAL CORPORATE RISKS |
|
VALUE: |
R$ 1.368.000,00 |
|
|
|
|
INSURANCE COMPANY: |
BRADESCO/MARITIMA |
|
COVERAGE: |
VEHICLES |
|
VALUE: |
R$ 10.000,00 |
BANKING REFERENCES
|
|
BRANCH/PHONE: |
CITY: |
|
BANCO BRADESCO S/A |
11 3721-5233 |
SÃO PAULO/SP |
|
BANCO DO BRASIL S/A |
11 6845-8360 |
SÃO PAULO/SP |
|
BANCO NOSSA CAIXA S/A |
11 3742-7734 |
SÃO PAULO/SP |
|
BANCO ITAUBANK S/A |
11 6950-1438 |
SÃO PAULO/SP |
|
REMARKS: IN ACCORDING TO THE CENTRAL
BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY HAS NO RETURNED CHECKS UP TO
DATE. (IN THE TERMS OF "CIRCULAR 1682 BRAZILIAN CENTRAL BANK"). |
ACTIVITIES COMMENTS
|
THE SUBJECT IS ENGAGED IN THE WHOLESALE AND IMPORT OF CHEMICAL AND
PHARMACEUTICAL PRODUCTS, WITH ITS CORE PRODUCTS BEING VITAMINES AND
ANTIBIOTICS. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
MEXICO, ARGENTINA,
URUGUAY, ENGLAND, ITALY, SWITZERLAND, KOREA, ISRAEL, NORWAY, CHINA, INDIA,
JAPAN, UNITED STATES, SPAIN, GERMANY AND DENMARK. |
EXPORTS
TO:
|
DOES NOT EXPORT. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
PHONE: |
|
ACHE LABORATÓRIOS FARMACÊUTICOS S/A |
|
11 3961-6000 |
|
BELFAR LTDA |
|
31 3492-1100 |
|
CIFARMA CIENTIFICA FARMACÊUTICA LTDA |
|
31 3641-4100 |
|
EUROFARMA LABORATÓRIOS LTDA |
|
11 5090-8774 |
|
HEXAL DO BRASIL LTDA |
|
11 3276-6733 |
|
HIPOLABOR FARMACÊUTICA LTDA |
|
31 3691-1133 |
|
INSTITUTO TERAPÊUTICO DELTA LTDA |
|
11 3910-2311 |
|
KLEY HERTZ S/A |
|
51 3346-8488 |
|
LABORATÓRIO SINTOFARMA S/A |
|
11 7967-3100 |
|
LABORATÓRIO TEUTO BRASILEIRO LTDA |
|
62 3310-2005 |
|
LUPER INDÚSTRIA FARMACÊUTICA LTDA |
|
11 7844-1066 |
|
ROYTON QUÍMICA FARMACÊUTICA LTDA |
|
11 3820-9060 |
|
SANTA CASA DE MISERICÓRDIA DE |
|
14 3223-3977 |
|
STAFF: |
|
|
|
THE COMPANY HAS: 40 EMPLOYEE(S) |
CONCEPT AND FULFILMENT
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY, OPERATING SINCE 1972. IT
HAS TRADE RELATIONS WITH SEVERAL SUPPLIERS AND SO FAR NO PAYMENT PROBLEMS ARE
NOTED. 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: |
|
PHONE: |
|
AB FARMO QUIMICA LTDA |
|
11 5054-6999 |
|
BUSCHLE & LEPPER S/A |
|
41 3275-7577 |
|
DEGUSSA HULS LTDA |
|
11 3146-4143 |
|
DELQUÍMICA COMERCIAL LTDA |
|
11 6412-1040 |
|
DENVER-COTIA INDÚSTRIA E COMÉRCIO LTDA |
|
11 3048-8736 |
|
ESKISA S/A |
|
11 5536-0533 |
|
ISP DO BRASIL LTDA |
|
11 3034-4866 |
|
M. CASSAB COMÉRCIO E INDÚSTRIA LTDA |
|
11 5522-7788 |
|
QUIMIMAX QUÍMICA COMÉRCIO INDÚSTRIA LTDA |
|
19 3227-5971 |
|
REIZA KERN INDÚSTRIA E COMÉRCIO LTDA |
|
19 3225-5034 |
|
RP SCHERER DO BRASIL LTDA |
|
15 3235-3500 |
|
FOREIGN
SUPPLIERS: |
COUNTRY: |
|
|
DR. RODDY S |
|
|
|
FERRO |
|
|
|
PROCOS |
|
|
|
PAYMENT HISTORY: |
|
7 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 62.132,00 |
|
|
|
AMOUNT OF INVOICES PAID: 56 |
|
TOTAL OF PROMPT PAYMENTS: 100% |
|
HIGHEST INVOICE: R$ 5.625,00 |
|
HIGHEST CREDIT: R$ 5.625,00 |
|
|
|
OUTSTANDING INVOICES DUE WITHIN THE NEXT 30 DAYS: |
|
--------------------------- |
SUPPLIERS: |
INVOICES: |
TOTAL AMOUNT: |
|
DUE WITHIN 30 DAYS |
2 |
5 |
R$ 8.612,48 |
FINAL OPINION
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS FOR SEVERAL
YEARS. UP TO DATE IT HAS A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOR. BASED ON THE GENERAL
INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD TRADE RELATIONS MAY BE
ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN TERMS AND AMOUNTS
ADEQUATE TO THE COMPANY'S FINANCIAL STRENGTH. A CREDIT LIMIT OF USD
300.000,00 MAY BE CONSIDERED. HIGHER AMOUNTS CAN BE GRANTED DEPENDING ON THE IMPORTANCE
OF THE OPERATIONS TO BE ESTABLISHED WITH THE SUBJECT. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.48 |
|
|
1 |
Rs.72.37 |
|
Euro |
1 |
Rs.64.42 |
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 |
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 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.