MIRA INFORM
REPORT
|
Report Date : |
04.06.2011 |
IDENTIFICATION DETAILS
|
Correct Name : |
LANIDOR-COMERCIO DE PRONTO A VESTIR SA |
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|
|
|
Registered Office : |
Avenida do Campo Grande, 3-B, 1º, Lisboa |
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Country : |
Portugal |
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|
|
Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
04.04.1966 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Retail sale of clothing for adults in specialized |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
49.880,00 Euros |
|
Status : |
Satisfactory |
|
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Portugal |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Identification
|
Name |
LANIDOR-COMERCIO DE PRONTO A VESTIR SA |
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|
|
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|
V.A.T. Number / NIF |
500165149 |
|
Address |
Avenida do Campo Grande, 3-B, 1º |
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|
|
Locality |
LISBOA |
Postal Code |
1070-087-LISBOA |
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Municipality |
LISBOA |
District |
LISBOA |
|
Telephone |
234630980 |
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Fax |
234630999 |
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E-Mail |
lanidor@lanidor.com |
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Web Site |
www.lanidor.com |
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C.A.E.(Rev 3) |
47711- Retail sale of clothing for adults in specialized |
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All the amounts are express in Euros, otherwise you will be advised
Summary
|
Legal Form |
Joint Stock Company |
|
|
|
Constitution |
04-04-1966 |
V.A.T. Number / NIF |
500165149 |
|
Employees |
230 |
Capital |
4.000.000,00 |
|
Sales in : 31-12-2009 |
50.107.054,00 |
Shareholders Funds in:
31-12-2009 |
8.274.447,00 |
|
Credit |
Recommended |
Credit Limit |
49.880,00 |
|
Condition |
Normal |
Tendency |
Stationary |
|
Financing |
Guaranteed |
Payments |
Good |
|
Actual Condition |
In activity |
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|
Governing Bodies
|
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|
Board of Director's |
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|
JOSE ANTONIO DA SILVA NOGUEIRA |
Board of Director's
Secretary |
|
JORGE HUMBERTO NETO DE JESUS MORGADO |
Administrator |
|
JOAO PEDRO ALVIM HENRIQUES XAVIER |
Board of Director's
President |
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|
|
|
Fiscal Board |
|
|
MURILO ANGELO MARQUES |
Unique Fiscal |
|
CARLOS HERNANI DIAS AIRES |
Fiscal Board Substitute |
Banks and Financial Institutions
|
MILLENNIUM BCP |
S.Sebastião-Lisboa |
|
BANCO ESPIRITO SANTO, SA |
Avenida de Berna-Lisboa |
|
BANCO SANTANDER TOTTA SA |
Conde Valbom-Lisboa |
|
BANCO POPULAR PORTUGAL SA |
Aveiro |
|
CAIXA GERAL DE DEPOSITOS, SA |
Águeda |
Historical
|
Registered on the
Register Record Office of Lisboa in 2ª. Secção with the Register Number
500165149 previous number 36889 in 04-07-1966 |
|
Constitution celebrated
in 04-04-1966 published on Diário da República number 134 of 08-06-1966 |
|
To oblige the company it
is necessary 2 signature |
Changes to Society
|
In 07-03-2008 on Portal
MJ of 15-05-2008 board of director's change |
|
In 07-09-2006 on Portal
MJ of 08-09-2006 board of director's change |
|
In 29-09-2005 on Diário
da República number 61 of 27-03-2006 head office change |
|
In 14-01-2004 on Diário
da República number 93 of 20-04-2004 increase of capital |
|
In 27-08-2003 on Diário
da República number 40 of 17-02-2004 board of director's change |
Capital
|
The Capital is
4.000.000,00 , divided in 800000 shares , with a nominal value of 5,00 |
|
|
with the following
shareholders |
|
LANIDOR SGPS SA |
4.000.000,00 |
100% |
Shareholders / Partners Companies
|
NAME |
LANIDOR SGPS SA |
|
Function |
Shareholder |
|
Address |
Campo Grande, 3-B |
|
Locality |
LISBOA |
|
Telephone |
217959111 |
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Fax |
234630999 |
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E-Mail |
lanidor@lanidor.com |
|
C.A.E. |
64202-Activities of holding companies non-financial social |
Insurance
|
Company |
|
Companhia de Seguros O Trabalho SA |
|
Companhia de Seguros Fidelidade Mundial |
Special Information
|
Event |
General Description |
|
Special Notes |
The proprietor has nearly 96 stores throughout the country, some of the franchises |
Activities
|
Line of Business |
Percentage |
|
Commercialization of articles ready-made garments of all sorts of articles related to the fashion, footwear, leather goods, clothing accessories, perfume, optical accessories, all under the concept Lanidor. Management and brand development Lanidor, particularly through the implementation and management of facilities, provision of cosmetic services, hotels, restaurants and similar activities, all under the brand concept and Lanidor |
100% |
|
Type of Clients |
Retailers/Public |
|
|
|
Sales Conditions |
Cash/credit |
|
|
|
Sales Area |
|
|
|
|
Country |
70% |
Foreign |
30% |
|
Imports |
40% |
from |
CHINA, INDIA, ITALY, FRANCE, GERMANY, AUSTRIA, BELGIUM, UNITED STATES OF AMERICA, KOREA |
|
Exports |
30% |
to |
SAUDI ARABIA, SPAIN, SWITZERLAND, KUWAIT, IRELAND |
Trade Marks
|
Lanidor |
|
La Woman |
|
La Kids e Junior |
|
La Caffé |
|
La Factory |
|
La Boutique |
|
La Mag |
Employees
|
Total |
230 |
Head Office and Installations
|
Had head office Avenida Columbano Bordalo Pinheiro, 97-r/c, Lisboa,
1070, LISBOA |
|
Head office Avenida do Campo Grande, 3-B, 1º, LISBOA, 1070-087, LISBOA,
Tel:234630980, Fax:234630999 |
|
Office Avenida das Forças Armadas, 4-9ºF, LISBOA, 1600-082, LISBOA |
|
Office and warehouse owned Quinta da Cruzinha - Apt.16 , VALONGO DO
VOUGA, 3750-836, VALONGO DO VOUGA, Tel:234630720, Fax:234630980 |
Incidents
|
Legal Actions |
||
|
Date: 21-12-2010 |
Judicial District Comarca do Baixo Vouga-Juízo do Trabalho de Águeda |
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|
Amount: 2.050,83 Euro |
Type: Acção de Processo Comum |
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Author: Ana Isabel Pereira Ramos Moura Vilaça Miranda |
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Process: 496/10.2T4AGD |
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Observations: Águeda - Juízo do Trabalho |
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Date: 25-03-2010 |
Judicial District Porto - Juízos Cíveis |
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Amount: 6.000,00 Euro |
Type: Acção Declarativa ao abrigo do DL 108/2006 |
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Author: Vasconcelos Dinis Lda |
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Process: 615/10.9TJPRT |
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Observations: 1º Juízo - 3ª Secção |
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||
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Date: 31-05-2007 |
Judicial District Viseu |
3 Court |
|
Amount: 141.640,33 Euro |
Type: Ordinária |
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Author: Eurofrente |
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Process: 2488/07.0TBVIS |
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Date: 13-10-2005 |
Judicial District Lisboa |
9 Court 2 Section |
|
Amount: 4.235,18 Euro |
Type: Sumária |
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Author: T.B.M.,S.P.A. |
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Process: 5171/05.7YXLSB |
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Business Concept
|
Consulted sources say
that the subject has been respecting its payments and commercial commitments,
so credit connections with this company are recommended. |
Participations
|
The subject participates
on the following company(ies) |
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|
|
|
|
NAME |
ORNATADORNO LDA |
|
Address |
Quinta da Cruzinha, s/n, Valongo do Vouga |
|
Locality |
VALONGO DO VOUGA |
|
C.A.E. |
47722- Retail sale of
leather goods and travel goods in specialized stores |
|
Capital |
630.000,00 |
|
Participation |
51,587% |
|
|
|
|
NAME |
LANIDOR-WELLNESS &
PLEASURE UNIPESSOAL LDA |
|
Address |
Avenida do Campo Grande, 3-B - 1º Andar |
|
Locality |
LISBOA |
|
C.A.E. |
55121- Hotels without
restaurant |
|
Capital |
5.000,00 |
|
Participation |
100% |
Financial Elements
|
|
31-12-2009 |
|
|
Intangible Assets |
2.340.769,00 |
|
|
Tangible Assets |
11.640.961,00 |
|
|
Investments |
3.077.483,00 |
|
|
Stocks |
12.439.190,00 |
|
|
Short Term Receivable |
7.519.159,00 |
|
|
Trading Securities |
200.000,00 |
|
|
Banks and Cash |
2.151.917,00 |
|
|
Accruals and Deferrals |
2.517.927,00 |
|
|
Total Assets |
41.887.406,00 |
|
|
Shareholder's Funds |
8.274.447,00 |
|
|
Medium and Long Term
Payable |
11.139.128,00 |
|
|
Short Term Payable |
19.649.540,00 |
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|
Accruals and Deferrals |
2.824.291,00 |
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|
Total Liabilities and
Shareholder's Funds |
41.887.406,00 |
|
|
Cost of Goods and
Consumable Materials |
24.519.426,00 |
|
|
Outside Supplies and
Services |
10.984.279,00 |
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|
Personnel Costs |
9.421.592,00 |
|
|
Sales |
50.107.054,00 |
|
|
Supplementary Income |
697.205,00 |
|
Comparatives
|
|
31-12-2007 |
31-12-2008 |
31-12-2009 |
|
Net Sales |
43.361.091,00 |
46.646.313,00 |
50.107.054,00 |
|
Net Income For the Year |
1.785.073,00 |
381.926,00 |
505.098,00 |
|
Current Assets |
23.281.568,00 |
24.620.289,00 |
24.828.193,00 |
|
Short Term Payables |
16.131.934,00 |
20.836.323,00 |
19.649.540,00 |
|
Cash Flow |
7.149.634,00 |
3.783.966,00 |
5.178.653,00 |
|
Total Assets |
39.899.536,00 |
43.410.766,00 |
41.887.406,00 |
|
Total Liabilities |
31.392.624,00 |
35.273.635,00 |
33.612.959,00 |
|
Shareholders Funds |
8.506.911,00 |
8.137.132,00 |
8.274.447,00 |
|
Personnel Costs |
6.241.377,00 |
7.762.707,00 |
9.421.592,00 |
Ratios
|
|
31-12-2007 |
31-12-2008 |
31-12-2009 |
|
FINANCIAL SITUATION |
|
|
|
|
General Liquidity |
1,44 |
1,18 |
1,26 |
|
Immediate Liquidity |
0,68 |
0,42 |
0,63 |
|
Financial Autonomy |
0,21 |
0,19 |
0,20 |
|
Solvency |
0,27 |
0,23 |
0,25 |
|
RENTABILITY |
|
|
|
|
Sales Rentability |
4,12 % |
0,82 % |
1,01 % |
|
Sales Rate Increase |
|
7,58 % |
7,42 % |
|
EFFICIÊNCY |
|
|
|
|
Assets Turnover |
1,09 |
1,07 |
1,20 |
Balance Sheet and Income Statement
|
Balance Sheet |
||
|
CoinEURO |
|
Date31-12-2009 |
|
|
||
|
|
Gross Assets |
Depreciations /
Provisions |
Net Assets |
|
Intangible Assets |
|
Subtotal |
5.984.692,00 |
3.643.923,00 |
2.340.769,00 |
|
Tangible Assets |
|
Subtotal |
19.006.865,00 |
7.365.904,00 |
11.640.961,00 |
|
Financial
Investments |
|
Subtotal |
3.077.483,00 |
|
3.077.483,00 |
|
Stocks |
|
Subtotal |
13.042.616,00 |
603.426,00 |
12.439.190,00 |
|
Short
Term Receivable |
|
Subtotal |
7.519.159,00 |
|
7.519.159,00 |
|
Trading
Securities |
|
Subtotal |
200.000,00 |
|
200.000,00 |
|
Bank
Deposits and Cash |
|
Cash |
25.530,00 |
|
25.530,00 |
|
Bank Deposites |
2.126.387,00 |
|
2.126.387,00 |
|
Subtotal |
2.151.917,00 |
|
2.151.917,00 |
|
Accruals
and Deferrals |
|
Accrued Income |
143.318,00 |
|
143.318,00 |
|
Deferred Cost |
2.374.609,00 |
|
2.374.609,00 |
|
Subtotal |
2.517.927,00 |
|
2.517.927,00 |
|
|
|
Total Assets |
53.500.659,00 |
11.613.253,00 |
41.887.406,00 |
|
Shareholders
Funds and Liabilities |
|
Shareholders Funds |
|
Capital |
4.005.000,00 |
|
|
Treasury Stock: |
|
|
|
Reserves : |
|
|
|
Free |
610.747,00 |
|
|
Net Retained |
3.153.602,00 |
|
|
Net Income For the Year |
505.098,00 |
|
|
Total |
8.274.447,00 |
|
|
Short
Term Payable |
|
Bank Loans |
5.136.749,00 |
|
|
Supliers Fixed Asset |
812.640,00 |
|
|
State and Other Public Bodies
|
1.995.243,00 |
|
|
Other Creditors |
520.260,00 |
|
|
Trade Creditors |
7.819.413,00 |
|
|
Trade Notes Payable |
1.810.235,00 |
|
|
Other Loans |
1.555.000,00 |
|
|
Subtotal |
19.649.540,00 |
|
|
Medium
and Long Term Payable |
|
Bank Loans |
9.613.520,00 |
|
|
Adv. For Clients |
1.525.607,00 |
|
|
Subtotal |
11.139.128,00 |
|
|
Accruals
and Deferrals |
|
Accrued Charges |
1.328.143,00 |
|
|
Diferred Income |
1.496.148,00 |
|
|
Subtotal |
2.824.291,00 |
|
|
TOTAL LIABILITIES |
33.612.959,00 |
|
|
TOTAL LIABILITIES AND
SHAREHOLDERS FUNDS |
41.887.406,00 |
|
|
Income
Statement |
|
Costs
and Losses |
|
Cost of Materials
Consumed and Goods Sold: |
|
|
|
Subtotal |
24.519.426,00 |
|
|
Outside Supplies and
Services |
10.984.279,00 |
|
|
Personnel Costs |
|
|
|
Subtotal |
9.421.592,00 |
|
|
Depreciation |
2.527.789,00 |
|
|
Subtotal |
2.527.789,00 |
|
|
Other Operating Costs |
194.742,00 |
|
|
Int. and Similar Costs: |
|
|
|
Subtotal |
1.961.997,00 |
|
|
Ext. Costs and Losses |
1.616.215,00 |
|
|
Taxation Over Income |
302.920,00 |
|
|
Net Income For the Year |
505.098,00 |
|
|
Income
and Profits |
|
Sales of : |
|
|
|
Products |
49.451.188,00 |
|
|
Services Provided |
655.866,00 |
|
|
Subtotal |
50.107.054,00 |
|
|
Supplementary Income |
697.205,00 |
|
|
Other Operating Income
and Gains |
815.332,00 |
|
|
Subtotal |
1.512.537,00 |
|
|
Trading Securities Income
|
|
|
|
Int. and Similar Costs |
|
|
|
Other |
189.344,00 |
|
|
Extra Income and Gains |
225.125,00 |
|
|
Net Income For the Year |
505.098,00 |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.85 |
|
UK Pound |
1 |
Rs.73.29 |
|
Euro |
1 |
Rs.64.89 |
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.