MIRA INFORM REPORT
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Report Date : |
23.02.2011 |
IDENTIFICATION DETAILS
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Name : |
PLANETA DULCE S.A. |
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Registered Office : |
Av.Belgrano 687, floor 8, Of.33, City of |
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Country : |
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Financials (as on) : |
30.04.2010 |
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Date of Incorporation : |
24.05.2000 |
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Legal Form : |
Limited Company |
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Line of Business : |
Candy Making |
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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Maximum Credit Limit : |
U$S 12,000 |
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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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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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b1 |
b1 |
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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 |
Registered Name
PLANETA DULCE S.A.
COMPLEMENT
CUIT: 30-70724916-8
Summary
COMPANY ESTABLISHED IN 2000 - BALANCE 30/4/2010: HIGH LEVEL OF INDEBTEDNESS AND POSITIVE RESULTS - STABLE OUTLOOK – MEET THEIR COMMITMENTS - SUITABLE FOR MODERATE CREDIT WITH GUARANTEES.
Operations
CANDY MAKING
Legal Structure
Business Type:
Limited Company
Incorporated: 24/05/2000
Duration: 99 year
Corporate stock: $ 12.000.-
End of fiscal yr: 30/4
Contact
Mr. Jorge
Duschinsky
Legal address: Av.Belgrano
687, floor 8, Of.33,
Operative address: Leandro N.Alem
2240,
Phone: (54-0237)
4621313
Fax: (54-0237)
4638545
E-Mail: info@planetadulce.com.ar
Partners
President:
OMAR
CASTRO
Alternate Director: MARIA
Use of signature: President.
History
By document No.
107 of May 24, 2000 was legally established in the City of
Economic-Financial Position
Figures have
provided partial closing balance on 30/4/2010, expressed in Pesos who poured
below:
Current
Assets: 870,384
Non Current Assets: 689,495
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Total Assets: 1,559,879
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Current Liabilities: 983,949
Net Assets:
575,930
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Total Liabilities: 1,559,879
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Sales for the year: 4,081,314
Gross profit: 1,391,243
Net income:
265,344
The
above figures can be seen that the tour company with high debt level, current
activity was not adequate support for the debt current liabilities, the latter
category is significantly higher than its equity. 0.58 of capital available for
every 1 peso debt.
Had an acceptable level of sales, but their high costs resulted in a discrete
single bottom line.
Assets
The company owns no real estate, its operational
headquarters is subject to terms of location.
Evolution and Results
Seeks for the
preparation of sweets and the like.
Trademarks: "Tembleke" - "Trembly"
For such purposes has extensive operational headquarters in the town of
Main customers:
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WAL MART S.A.
COTO C.I.C.S.A.
SWEET S.A.
PIATTI S.A.
LA DOLCE S.R.L.
Supplier:
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RC IMPRESORA S.R.L.
FILMTEX ARGENTINA S.A.
MULTILABEL ARG.S.A.
PAOLINI S.A.
MEYPACK S.A.
Payment Record and Credit
Risk
BBVA BANCO FRANCES
Branch
Cta.Cte. Nº 130-20-2614/9
BANCO DE LA PROVINCIA DE BS.AS.
Branch Paso del Rey
Cta.Cte. Nº 5019-5002/0
INSURANCE:
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CONSOLIDAR
SMG SEGUROS
Concept
No record deficit
that the compromise, giving good performance to its trade obligations and
banking.
* NO OBJECTIONS
Final Opinion
We believe that
moderate amounts and with adequate safeguards, it is feasible to deal with the
company credit.
* SUITABLE FOR MODERATE CREDITS
Credit Opinion
We estimate the
maximum credit would be granted some U$S 12,000.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.20 |
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1 |
Rs.73.07 |
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Euro |
1 |
Rs.61.41 |
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.