MIRA INFORM REPORT
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Report Date : |
06.12.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
100 METROS-ARTIGOS EMBALAGENS UNIPESSOAL LDA |
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Registered Office : |
Avenida De São Tiago, 230, Modelos, Pacos De Ferreira, Postal code 4590-450-Modelos, Porto District |
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Country : |
Portugal |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
01.02.2000 |
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Com. Reg. No.: |
504801309 |
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Legal Form : |
One Man Company |
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Line of Business : |
Manufacturer of plastic packaging |
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No. of Employees
: |
27 Persons |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
37.410,00 Euros |
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Status : |
Moderate |
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Payment
Behaviour : |
No Complaints |
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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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Portugal |
a2 |
a2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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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 |
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Off-credit |
D |
Identification
|
Name |
100 METROS-ARTIGOS EMBALAGENS UNIPESSOAL
LDA |
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V.A.T. Number / NIF |
504801309 |
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Address |
Avenida de São Tiago, 230 |
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Locality |
MODELOS |
Postal Code |
4590-450-MODELOS |
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Municipality |
PACOS DE FERREIRA |
District |
PORTO |
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Telephone |
255865051 |
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Fax |
255865052 |
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E-Mail |
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Web Site |
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C.A.E.(Rev 3) |
22220- Manufacture of plastic packaging |
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All the amounts
are express in Euros, otherwise you will be advised |
Summary
|
Legal Form |
One Man Company |
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Constitution |
01-02-2000 |
V.A.T. Number / NIF |
504801309 |
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Employees |
27 |
Capital |
25.000,00 |
|
Sales in : 31-12-2010 |
5.068.694,70 |
Shareholders Funds in: 31-12-2010 |
628.728,08 |
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Credit |
Recommended |
Credit Limit |
37.410,00 |
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Condition |
Normal |
Tendency |
Stationary |
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Financing |
Guaranteed |
Payments |
Good |
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Actual Condition |
In activity |
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Management Bodies
|
DUARTE MANUEL DE BARROS DIAS |
Managing-Partner |
Banks and Financial Institutions
|
BANCO SANTANDER TOTTA SA |
Paços de Ferreira |
Historical
|
Registered
on the Register Record Office of Pacos de Ferreira with the Register
Number 504801309 previous number 1446 in 01-02-2000 |
|
Constitution celebrated in 01-02-2000 published
on Diário da República number 58 of 09-03-2000 |
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To oblige the company it is necessary 1
signatures |
Changes to Society
|
In 17-06-2011 on Portal MJ of 27-06-2011
business change |
Capital
|
The Capital is 25.000,00 |
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with the following distribution |
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DUARTE MANUEL DE BARROS DIAS |
25.000,00 |
100% |
Biographies
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Name |
DUARTE MANUEL DE BARROS DIAS |
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Function |
Managing-Partner |
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Civil State |
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Insurance
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Company |
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Companhia Seguros Allianz Portugal SA |
Activities
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Line of Business |
Percentage |
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Comércio e indústria por grosso e a
retalho de embalagens e mobiliário. Transformação e fabrico de embalagens (Trade and
industry Wholesale and retail packaging
and furniture. Processing and manufacturing of packaging) |
100% |
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Type of Clients |
Private Companies |
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Sales Conditions |
Cash/credit |
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Sales Area |
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Country |
100% |
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Employees
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Total |
27 |
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Head Office and Installations
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Head office and warehouse owned with an
area of 3.000 m2 Avenida de São Tiago, 230 , MODELOS, 4590-450, MODELOS,
Tel:255865051, Fax:255865052 |
Incidents
|
Incidents |
|
There are no of incidents on our database |
Business Concept
|
Consulted sources say that the subject has
been respecting its payments and commercial commitments, so credit
connections with this company are recommended. |
Financial Demonstration SNC
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Balance Sheet SNC |
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CoinEURO |
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Date31-12-2010 |
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Closing Date |
31-12-2010 |
31-12-2009 |
-- |
Variação (%) |
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ASSET |
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Non-current
assets |
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Tangible fixed assets |
522.473,21 |
307.021,09 |
|
70,18 |
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Financial participations - other methods |
2.250,00 |
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Total |
524.723,21 |
307.021,09 |
|
70,91 |
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Current assets |
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Inventories |
165.267,42 |
140.753,62 |
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17,42 |
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Costumers |
1.676.660,38 |
1.207.122,33 |
|
38,90 |
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State and other public entities |
|
14.983,41 |
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Other accounts receivable |
7.172,15 |
23.397,87 |
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(69,35) |
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Deferrals |
5.814,16 |
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Cashier and bank deposits |
81.215,91 |
84.467,45 |
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(3,85) |
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Total |
1.936.130,02 |
1.470.724,68 |
|
31,64 |
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TOTAL ASSET |
2.460.853,23 |
1.777.745,77 |
|
38,43 |
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SHAREHOLDERS
FUNDS AND LIABILITIES |
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SHAREHOLDERS
FUNDS |
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Capital |
25.000,00 |
25.000,00 |
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Other shareholders funds instruments |
300.000,00 |
300.000,00 |
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Legal reserves |
12.860,80 |
12.667,74 |
|
1,52 |
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Net retained |
137.147,93 |
179.001,61 |
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(23,38) |
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Total |
475.008,73 |
516.669,35 |
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(8,06) |
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Net income for the period |
153.719,35 |
(41.660,62) |
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(468,98) |
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TOTAL OF SHAREHOLDERS FUNDS |
628.728,08 |
475.008,73 |
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32,36 |
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LIABILITY |
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Non-current
liabilities |
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Financing obtained |
412.344,17 |
242.518,55 |
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70,03 |
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Total |
412.344,17 |
242.518,55 |
|
70,03 |
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Current
liabilities |
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Suppliers |
428.474,63 |
190.141,63 |
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125,34 |
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Advances from costumers |
1.631,33 |
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State and other public entities |
162.934,70 |
57.912,66 |
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181,35 |
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Shareholders/partners |
672.866,37 |
632.500,00 |
|
6,38 |
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Financing obtained |
23.764,59 |
51.500,00 |
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(53,86) |
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Other payable accounts |
130.109,36 |
128.164,20 |
|
1,52 |
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Total |
1.419.780,98 |
1.060.218,49 |
|
33,91 |
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TOTAL LIABILITIES |
1.832.125,15 |
1.302.737,04 |
|
40,64 |
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TOTAL SHAREHOLDERS FUNDS AND LIABILITIES |
2.460.853,23 |
1.777.745,77 |
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38,43 |
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INCOME STATEMENT
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INCOME AND
EXPENSES |
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Sales and services |
5.068.694,70 |
3.649.303,93 |
|
38,89 |
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Operating government grants |
2.744,64 |
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Cost of goods sold and materials consumed |
4.240.358,09 |
2.804.831,97 |
|
51,18 |
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Suppliers and external services |
224.569,90 |
195.285,19 |
|
15,00 |
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Personnel costs |
301.099,93 |
277.326,82 |
|
8,57 |
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Impairment of receivables
(losses/revearsals) |
21.963,88 |
69.815,76 |
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(68,54) |
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Other income and gains |
65.174,58 |
89.150,10 |
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(26,89) |
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Other expenses and losses |
33.080,58 |
327.506,59 |
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(89,90) |
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Result before depreciation, financing
costs and taxes |
315.541,54 |
63.687,70 |
|
395,45 |
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Expenses/reversals of depreciation and
amortization |
105.978,62 |
99.946,26 |
|
6,04 |
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Operating result (before financing costs
and taxes) |
209.562,92 |
(36.258,56) |
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(677,97) |
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interest and similar expenses incurred |
6.069,72 |
2.746,90 |
|
120,97 |
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Net before taxes |
203.493,20 |
(39.005,46) |
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(621,70) |
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Income tax of the period |
49.773,85 |
2.655,16 |
|
1.774,61 |
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Net profit for the period |
153.719,35 |
(41.660,62) |
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(468,98) |
Financial Elements
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|
31-12-2009 |
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Tangible Assets |
307.021,00 |
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Stocks |
140.754,00 |
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Short Term Receivable |
1.282.534,00 |
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Trading Securities |
56.959,00 |
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Banks and Cash |
27.508,00 |
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Total Assets |
1.814.776,00 |
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Shareholder's Funds |
520.530,00 |
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Short Term Payable |
1.253.972,00 |
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Accruals and Deferrals |
40.273,00 |
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Total Liabilities and Shareholder's Funds |
1.814.775,00 |
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Cost of Goods and Consumable Materials |
2.804.832,00 |
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Outside Supplies and Services |
191.884,00 |
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Personnel Costs |
277.327,00 |
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Sales |
3.649.304,00 |
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Comparatives POC
|
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|
31-12-2008 |
31-12-2009 |
|
Net Sales |
|
3.836.262,00 |
3.649.304,00 |
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Net Income For the Year |
|
52.663,00 |
3.861,00 |
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Current Assets |
|
1.471.583,00 |
1.507.755,00 |
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Short Term Payables |
|
1.480.271,00 |
1.253.972,00 |
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Cash Flow |
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(8.688,00) |
253.783,00 |
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Total Assets |
|
1.800.156,00 |
1.814.776,00 |
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Total Liabilities |
|
1.513.485,00 |
1.294.245,00 |
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Shareholders Funds |
|
286.669,00 |
520.530,00 |
|
Personnel Costs |
|
179.039,00 |
277.327,00 |
Ratios POC
|
|
31-12-2007 |
31-12-2008 |
31-12-2009 |
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FINANCIAL SITUATION |
|
|
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General Liquidity |
|
0,99 |
1,20 |
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Immediate Liquidity |
|
0,98 |
1,09 |
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Financial Autonomy |
|
0,16 |
0,29 |
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Solvency |
|
0,19 |
0,40 |
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RENTABILITY |
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Sales Rentability |
|
1,37 % |
0,11 % |
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Sales Rate Increase |
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(4,87) % |
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EFFICIÊNCY |
|
|
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Assets Turnover |
|
2,13 |
2,01 |
Balance Sheet and Income Statement
|
Balance Sheet |
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CoinEURO |
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Date31-12-2009 |
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Gross Assets |
Depreciations /
Provisions |
Net Assets |
|
Tangible Assets |
|
Subtotal |
568.797,00 |
261.776,00 |
307.021,00 |
|
Stocks |
|
Subtotal |
140.754,00 |
|
140.754,00 |
|
Short Term Receivable |
|
Subtotal |
1.317.535,00 |
35.001,00 |
1.282.534,00 |
|
Trading Securities |
|
Subtotal |
56.959,00 |
|
56.959,00 |
|
Bank Deposits and Cash |
|
Cash |
501,00 |
|
501,00 |
|
Bank Deposites |
27.007,00 |
|
27.007,00 |
|
Subtotal |
27.508,00 |
|
27.508,00 |
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|
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Total Assets |
2.111.553,00 |
296.777,00 |
1.814.776,00 |
|
Shareholders Funds and Liabilities |
|
Shareholders Funds |
|
Capital |
25.000,00 |
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Treasury Stock: |
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|
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Other Sup. |
300.000,00 |
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Reserves : |
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Free |
12.668,00 |
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Net Retained |
179.002,00 |
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Net Income For the Year |
3.861,00 |
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Total |
520.530,00 |
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Short Term Payable |
|
Bank Loans |
110.487,00 |
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Supliers Fixed Asset |
125.234,00 |
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State and Other Public Bodies |
60.568,00 |
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Other Creditors |
647.420,00 |
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Trade Creditors |
251.965,00 |
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Shareholders |
58.297,00 |
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Subtotal |
1.253.972,00 |
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Accruals and Deferrals |
|
Accrued Charges |
40.273,00 |
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Subtotal |
40.273,00 |
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TOTAL LIABILITIES |
1.294.245,00 |
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TOTAL LIABILITIES AND SHAREHOLDERS FUNDS |
1.814.775,00 |
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Income Statement |
|
Costs and Losses |
|
Cost of Materials Consumed and Goods Sold:
|
|
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Subtotal |
2.804.832,00 |
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Outside Supplies and Services |
191.884,00 |
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Personnel Costs |
|
|
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Subtotal |
277.327,00 |
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Depreciation |
99.946,00 |
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Provisions |
24.294,00 |
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Subtotal |
124.240,00 |
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Other Operating Costs |
1.270,00 |
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Int. and Similar Costs: |
|
|
|
Subtotal |
16.321,00 |
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Ext. Costs and Losses |
316.063,00 |
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Taxation Over Income |
2.655,00 |
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Net Income For the Year |
3.861,00 |
|
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Income and Profits |
|
Sales of : |
|
|
|
Products |
3.649.304,00 |
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Subtotal |
3.649.304,00 |
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Trading Securities Income |
|
|
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Int. and Similar Costs |
|
|
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Other |
64.434,00 |
|
|
Extra Income and Gains |
24.716,00 |
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Net Income For the Year |
3.861,00 |
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.40 |
|
UK Pound |
1 |
Rs.80.20 |
|
Euro |
1 |
Rs.68.92 |
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 |
|
---- |
NB |
New Business |
---- |
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.