MIRA INFORM REPORT
|
Report Date : |
21.02.2011 |
IDENTIFICATION DETAILS
|
Name : |
LABORATORIOS ANDROMACO S.A.I.C.I. |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
06.02.1941 |
|
|
|
|
Legal Form : |
Limited Company |
|
|
|
|
Line of Business : |
Processing & marketing of medical specialties |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
Payment
Behaviour : |
No Complaints |
|
|
|
|
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
|
Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
|
|
b1 |
b1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Registered Name
LABORATORIOS ANDROMACO S.A.I.C.I.
CUIT No.: 30-50450732-3
Summary
INCORPORATED IN
1941, BEGINNER OF
ACTIVITIES, NO FINANCIAL DATA PROVIDED, OPERATES WITHIN A GOOD
LEVEL, NO NEGATIVE ANTECEDENTS, APT FOR MODERATE CREDITS WITH
GUARANTEES. FOR GREATER SUMS REQUEST ADDITIONAL
GUARANTEES.
Operations
MEDICAL SPECIALTIES
PROCESSING
MARKETING
Legal structure
Legal Business Limited Company
Incorporated:
06/02/1941
Registered
R.P.C.: 24/04/1941
Duration: 07/03/2011
End
of fiscal yr: 30/06
Contact
Legal, operative and
administrative address: Avda.Ingeniero Huergo City of Buenos Aires, Argentina.
Phone: (54-011) 4307-6000
(lineas rotativas)
Fax.: (54-011)
4352-0725
E-mail: ademartino@andromaco.com.ar
Partners
President: ROVIRALTA ALEJANDRO
Vice president: ROVIRALTA ALEJANDRO MARIANO
Director: ROVIRALTA ESCALANTE
PABLO
Director: ROVIRALTA IGNACIO
Alternate Director: ESCALANTE DE ROVIRALTA LUCIA
The first two exhibits will
have charge of the management and administration of the company, in its capacity as manager with the
indiscriminate use of the corporate signature.
Corporate Stock
CORPORATE STOCK $
4.915.451.-
Personal Information
ROVIRALTA ALEJANDRO:
argentinian,
married, born in 22/11/1926, DNI.No. 15.228.975 (CUIT No.20-93227431-1) with address in Arribenos 1315,
The
same history through the following companies:
DESARROLLOS
NORTE S.A. Director PROXIMITAS
ROVIRALTA
ALEJANDRO MARIANO:
argentinian,
married, born in 15/08/1953, DNI.No. 11.076.164 (CUIT No.20-11076164-4) with
address in Blanco Encalada 1049,
The
same history records through the following companies:
DESARROLLOS
NORTE S.A. President
RUTAM S.A.F.C.I. President
ARAWAK S.A. Alternate
Director
ANDROQUIMICA
History
While the incumbent
directors of circumventing the delivery of all types of information related to
it, based on information available in our
power is being able to senalarsele as initiator of the activities being
conducted by, observing that this will located in the direction you exposed.
In the above, it adds that it exerts a controlling
interest in firms IADELPA SA and LABORATORIOS ANDROMACO DO BRASIL S.A., being connected to ANDROQUIMICA SA
Economic-Financial Position
Due to these reasons in due
course, it was not possible to make
contact with balance or exemplary figures updated, the last official media presented to the
finished on 30/06/2008 which is totally outdated and therefore this does not
deserve any consideration.
Other common sources of
consultation, no current data, going beyond that for several years been
operating with high debt levels, only
discrete finally getting results.
BUILDINGS:
The fixed assets of the
company, including the large building
that houses which, because of its location,
it is important to realizable value.
Unable to contact the
appropriate documentation to verify if it is free of liens.
Parent/Related Companies
·
ANDROQUIMICA
·
IADELPA
·
LABORATORIOS
SUR LIMITADA (Related)
·
LABORATORIOS
ANDROMADO DO BRASIL S.A. (Controlled)
Evolution and Results
The specific purposes of the
owner concerned with the manufacture of human medicines and pharmaceutical
products, being in turn enabled to make
cosmetics, perfumes and toiletry products.
To this end it is located
at the address set out, where it
occupies a very old building dating,
although it has undergone several reforms designed to keep you in
optimum conditions for the development of activities that it faces.
Specific imports from
*550 employees
MAIN SUPPLIERS:
·
TALLERES
GRAFICOS MORALES
·
LEO
PHARMACEUTICAL S.A. BASF ARGENTINA S.A.
Foreign trade
In the last twelve months
in office, according to the following details:
OTHER
u $ s. 1.449.254
Payment records and CREIDT RISK
BANCO PATAGONIA S.A. Branch San Telmo
BANCO
STANDARD BANK Principal office
BBVA BANCO
BANCO SUPERVIELLE Principal office
BANCO ITAU Principal
office
Credit risk
BCO.PATAGONIA 11/2010 % 6.213.000
SUPERVIELLE
AMERICAN 1 $ 2.118.800
EXPRESS 11/2010 1 $ 656.200
FF PVCRED. 11/2010 1 $ 116.200
COMAFI 11/2010 1 $ 40.100
Situation 1 normal
INSURANCE
·
·
LA
MERIDIONAL CIA.DE SEGUROS GENERALES
Concept
From its beginnings and at commercial
level is related to the firms of this and other places, most of which provide
credit support without objections until the present on the payment methods it
supports.
* COMPLIANCE: WITHOUT OBJECTIONS
Final opinion
Based on the present
review, is arrived at the conclusion
that the credit deal with this society is possible, within sum of moderate economic level, in the conditions that are of habitual practices.
In operations of greater
importance, the request of suitable
endorsement is advisable, that guarantee
the normal return of the set out capitals.
APT FOR CREDITS.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.18 |
|
|
1 |
Rs.73.04 |
|
Euro |
1 |
Rs.61.43 |
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.