MIRA INFORM REPORT

 

 

Report Date :           

07.07.2011

 

IDENTIFICATION DETAILS

 

Name :

PHARMA EXPRESS OPERADORA LOGÍSTICA LTDA

 

 

Registered Office :

Avenida Brasil Sul, 4061 - Setor Sul Jamil Miguel , Zip Code 75124-820 - Anápolis/Go

 

 

Country :

Brazil

 

 

Date of Incorporation :

16.07.2009

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Distribution of Packaging for Medicaments

 

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 :

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Brazil

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name

 

PHARMA EXPRESS OPERADORA LOGÍSTICA LTDA

 

 

Company ADDRESSES

 

MAIN ADDRESS:

AVENIDA BRASIL SUL, 4061 - SETOR SUL JAMIL MIGUEL

ZIP CODE/CITY:

75124-820 - ANÁPOLIS/GO

 

 

PHONE:

62 3313-4525

FAX:

62 3313-4525

E-MAIL:

wbranquinho@pharmexpress.com.br

WEB SITE:

www.pharmexpress.com.br

 

BRANCHES:

 

NOT AVAILABLE.

 

 

LEGAL DATA

 

MAIN ACTIVITIES:

 

DISTRIBUTION OF PACKAGING FOR MEDICAMENTS.

 

LEGAL FORM:

LIMITED LIABILITY COMPANY

 

 

INCORPORATION DATE:

16/07/2009

REGISTER DATE:

16/07/2009

BALANCE SHEET FILING DATE:

31/12

TAX CONTRIBUTOR NUMBER(CNPJ):

10.977.241/0001-49

STATE REGISTER:

10.452.919-9

 

 

SHARE CAPITAL:

R$ 50.000,00

 

BOARD OF DIRECTORS:

 

 

 

WELLINGTON FERREIRA BRANQUINHO

MANAGER

 

AUTHORIZED USE OF SIGNATURE:

 

THE MANAGER IS AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY.

 

SHAREHOLDERS / PARTNERS:

 

 

 

WELLINGTON FERREIRA BRANQUINHO

99%

OTEVALDO CANDIDO BRANQUINHO

1%

 

AFFILIATES / SUBSIDIARIES:

 

 

 

INTERNATIONAL BOX OPERADORA LOGÍSTICA LTDA ME

 

WBC PRESTAÇÃO DE SERVIÇOS LTDA ME

 

W BRANQUINHO & CIA LTDA

 

GEON INDUSTRIA E COMERCIO LTDA ME

 

GRAFROT IND E COM DE MATERIAIS GRÁFICOS LTDA

 

 

COMPANY'S BACKGROUND:

 

THE SUBJECT WAS ESTABLISHED ON JULY 16, 2009 AS FARMA EXPRESS OPERADORA LOGÍSTICA LTDA ME TO BE ENGAGED IN THE SAID LINE OF BUSINESS. ON APRIL 19, 2010 IT ADOPTED THE ABOVE-MENTIONED NAME.

 

TRADE NAME: "PHARMA EXPRESS ".

 

FURTHER DETAILS ARE SO FAR NOT KNOWN.

 

WHEN CONTACTING THE SUBJECT WE INTERVIEWED ME. WELLINGTON BRANQUINHO, MANAGING PARTNER, WHO DID NOT SHOW INTEREST IN DISCLOSING INORMATION EVEN KNOWING THE INQUIRER IS ACG PHARMAPACK.

 

THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE SOURCES, OUR DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL SOURCES USUALLY INVESTIGATED.

 

PUBLIC RECORDS INFORMATION:

 

NO DETRIMENTAL FILES WERE FOUND.

 

FINANCIAL INFORMATION:

 

DUE TO THE SUBJECT'S LEGAL FORM, IT IS NOT OBLIGED TO PUBLISH THE BALANCE SHEET INFORMATION. WHEN INTERVIEWING SOURCES AT THE SUBJECT COMPANY DECLINED TO PROVIDE ANY KIND OF FINANCIAL INFORMATION.

 

OUR INVESTIGATION THROUGH THE OUTSIDE SOURCES SHOWED NO FINANCIAL DATA ABOUT THE SUBJECT.

 

EXCHANGE RATE:

 

 

US$ 1,00 = R$ 1,55

 - OFFICIAL RATE ON 04/07/2011

 

COMMENTS ON THE FINANCIAL INFORMATION:

 

IN THE ABSENCE OF FINANCIAL INFORMATION NO COMMENTS CAN BE MADE ABOUT THE SUBJECT'S CURRENT FINANCIAL STANDING.

 

REAL ESTATE:

 

   NOT AVAILABLE

 

VEHICLES:

 

   NOT AVAILABLE

 

MACHINES:

 

   NOT AVAILABLE

 

 

INSURANCE:

 

NOT AVAILABLE.

 

BANKING REFERENCES:

 

 

 

 

NOT AVAILABLE.

 

 

 

REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW PROHIBITION WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS.

 

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:

 

DISTRIBUTION OF PACKAGING FOR MEDICAMENTS.

 

IMPORT AND EXPORT:

 

   IMPORTS FROM:

NOT AVAILABLE.

 

   EXPORTS TO:

NOT AVAILABLE.

 

MAIN CLIENTS:

 

 

 

 

 

DOMESTIC CLIENTS:

 

 

ACHÉ

 

 

CIFARMA

 

 

EQUIPLEX INDUSTRIA FARMACÊUTICA

 

 

GEOLAB

 

 

NEO QUIMICA

 

 

TEUTO

 

 

 

STAFF:

 

   NOT AVAILABLE

 

CONCEPT AND FULFILMENT:

 

THE SUBJECT WAS ESTABLISHED IN 2009. SO FAR IT HAS A CLEAR TRADE HISTORY AND MODEST PAYMENT BEHAVIOR.

 

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:

 

 

BILCARE

 

 

CAETÉ EMBALAGENS

 

 

EMBALAGENS JAGUARÉ

 

 

GEON INDUSTRIA E COMERCIO LTDA

 

 

 

PAYMENT HISTORY:

 

01 SUPPLIER REPORTED PAYMENTS:

   AMOUNT OF INVOICES PAID: 3

TOTAL OF PROMPT PAYMENTS: 100%

HIGHEST INVOICE: R$ 125.300,00

HIGHEST CREDIT: R$ 125.300,00

 

FINAL OPINION:

 

BASED ON THE OVERALL DATA AVAILABLE THE SUBJECT MAY BE CONSIDERED FOR NORMAL BUSINESS COMMITMENTS. CREDIT FACILITIES HOWEVER SHOULD BE GRANTED ON FULLY SECURED TERMS ONLY DUE TO THE ABSENCE OF FINANCIAL DATA.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.38

UK Pound

1

Rs.71.24

Euro

1

Rs.64.16

 

 

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.