MIRA INFORM REPORT
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Report Date : |
26.02.2011 |
IDENTIFICATION DETAILS
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Name : |
AGROPRODUCTIVA SA |
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Registered Office : |
Carrera 35 B No.16 - 81 Acopi (Yumbo) |
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Country : |
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Year of Establishment : |
2007 |
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Legal Form : |
Sociedad Anonima |
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Line of Business : |
Agricultural Inputs |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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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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Status : |
Moderate |
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Payment
Behaviour : |
Regular |
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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 – June 30, 2010
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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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 |
GEOPOLITICS - COLOMBIA
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Republic
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Currency: 100 COP = 0.053 USD |
IDENTIFICATION
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Ordered as: |
Aghoproductiva SA |
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Address in the order: |
CRA 35 B N 16-81 Acopi Jumbo Valle |
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Legal Name: |
AgroProductiva SA |
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Legal Address |
Carrera 35 B No.16 - 81 Acopi (Yumbo) |
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Telephone: |
57-2 665-0606 |
NIT : |
900.083-462.1 |
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Fax: |
57-2 665-1078 |
Legal Form: |
Sociedad Anonima |
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Email: |
Registered in: |
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Website: |
Date Created: |
2007 |
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Manager: |
Luis Javier Hadad, President |
Date Incorporated: |
NA |
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Staff: |
28 |
Stock: |
NA |
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Value: |
NA |
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Activity: |
Agricultural inputs |
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BANKS
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Name of the Bank |
BANCOLOMBIA |
BUSINESS
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HISTORY |
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The company was founded in 2007 |
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PRINCIPAL ACTIVITY |
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Agricultural inputs |
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Products/Services description: |
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The products that the company offer are: Herbicides Fungicides Insecticides Biological Fertilizers |
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Sales are: |
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Wholesale |
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Brands: |
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Biocane (by Incauca |
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Clients: |
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Agricultural industry |
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Suppliers: |
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Incauca |
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Operations area: |
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National, International, Local |
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The company imports from |
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The company exports to |
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The subject employs 28 employees |
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PAYMENTS |
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made on a 60 days basis - monitored over the last 12 months |
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LOCATION |
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Headquarters |
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The company is headquartered at Carrera 35 B No.16 - 81 Acopi (Yumbo) |
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Branches: |
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Vía Bogotá Km 16 Complejo Agroindustrial Cafetero, Tolima, Ibagué -
Phone: (57) (8) 269-5883 |
Shareholders - Manager - Related Companies
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Shareholders Parent Company(ies): |
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This is a private company and the main shareholder is Luis Javier
Hadad. |
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Management: |
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Luis Javier Hadad, President Luis Alberto Diaz Rodriguez, Deputy Legal Representative Cesar Augusto Jimenez Uribe, Tax Auditor Aida Yaneth Gil Rojas, Deputy Tax Auditor Juan Antonio Rios Parra, Accountant Jason Velasquez, Commercial Manager Antonio De Los Rios, Finance Manager |
Financials - COMMERCIAL TRENDS AND FORECAST
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As a private company the subject does not publish any financial
statements. |
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We could not contact the company as nobody answered the phone. |
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Please find attached the full financial statements of the company. This charts shows the main financials figures: |
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Currency |
DATE |
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COP |
2009 |
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Turnover |
16,835,947,000 |
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Operating Income |
346,933,000 |
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Net Income |
(29,741,000) |
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Current Assets |
5,623,622,000 |
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Fixed Assets |
191,829,000 |
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Net worth |
380,874,000 |
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Liabilities |
5,434,577,000 |
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Currency |
DATE |
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USD |
2008 |
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Turnover |
8,000,000 |
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The cash flow is |
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Legal Fillings |
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The sources consulted record no detrimental legal or labor court information. |
Rating
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Local credit bureau gave a Low credit rate.
The company is in Good Standing. This
means that all local and federal taxes were paid on due date. |
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Final Opinion |
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This company has been in business for 4 years; it has a staff of 28 employees
which makes it a small sized company. There were no legal filings found
against the company or its legal representatives. Due to a NEGATIVE profitability for the year 2009, we strongly
recommend working with GUARANTEES. |
SUMMARY
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Profitability |
LOW |
Public |
NO |
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Indebtedness |
HIGH |
Payments |
REGULAR |
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Cash |
MEDIUM |
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APPENDIX
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Comments |
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We could not contact the company as nobody answered the phone.
Unfortunately we could not verify this information. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.37 |
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1 |
Rs.73.25 |
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Euro |
1 |
Rs.62.68 |
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 |
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 |
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.