MIRA INFORM REPORT

 

 

Report Date :

26.03.2011

 

IDENTIFICATION DETAILS

 

Name :

KOTA BRASIL - KBR IMPORTACAO DE PRODUTOS INDUSTRIAIS LTDA

 

 

Registered Office :

Rua Sentinela,550 - Sitio Guarehy  06.330-287 - Carapicuiba/SP

 

 

Country :

Brazil

 

 

Date of Incorporation :

21.08.2009

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacture, trade, import and export of hoses, hydraulic connections and terminals and industrial belts and conveyor.

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 50.000,00

 

 

Status :

Small Company

 

 

Payment Behaviour :

Regular

 

 

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 – December 31, 2010

 

Country Name

Previous Rating

(30.09.2010)

Current Rating

(31.12.2010)

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 

 

KOTA BRASIL - KBR IMPORTACAO DE PRODUTOS INDUSTRIAIS LTDA

 

 

ADDRESSES

 

MAIN ADDRESS:

RUA SENTINELA,550 - SITIO GUAREHY

ZIP CODE/CITY:

06.330-287 - CARAPICUIBA/SP

 

 

PHONE:

11 4186-5444

FAX:

11 4186-5444

E-MAIL:

gilberto@kotabrasil.com.br

WEB SITE:

www.kotabrasil.com.br

 

BRANCHES:

 

NOT AVAILABLE.

 

 

LEGAL DATA

 

MAIN ACTIVITIES:

 

MANUFACTURE, TRADE, IMPORT AND EXPORT OF HOSES, HYDRAULIC CONNECTIONS AND TERMINALS AND INDUSTRIAL BELTS AND CONVEYOR.

 

LEGAL FORM:

LIMITED LIABILITY COMPANY

 

 

INCORPORATION DATE:

21/08/2009

REGISTER DATE:

21/08/2009

BALANCE SHEET FILING DATE:

31/12

TAX CONTRIBUTOR NUMBER(CNPJ):

11.185.307/0001-20

STATE REGISTER:

255.234.404.115

 

 

SHARE CAPITAL:

R$ 3.001.000,00

LAST REGISTER OF CAPITAL:

22/06/2010

 

BOARD OF DIRECTORS:

 

 

 

GILBERTO MACIEL DE SOUSA

ADM./FINANCIAL DIRECTOR

 

AUTHORIZED USE OF SIGNATURE

 

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

 

SHAREHOLDERS / PARTNERS:

 

 

 

KBR PARTICIPAÇÕES LTDA

99,97%

GILBERTO MACIEL DE SOUSA

0,03%

 

 

AFFILIATES / SUBSIDIARIES:

 

 

 

NOT AVAILABLE.

 

 

 

COMPANY'S BACKGROUND

 

THE SUBJECT WAS ESTABLISHED ON AUGUST 21, 2009 TO BE ENGAGED IN THE SAID LINE OF BUSINESS AND UP TO DATE IT IS STILL OPERATING WITHIN THE GENERAL SCENE REPORTED HEREIN.

 

PARTNERS:

 

KBR PARTICIPAÇÕES LTDA: HEADQUARTERED AT RUA SENTINELA 550, SALA 01CARAPICUIBA/SP, REGISTRATION # CNPJ 11.116.263/0001-87, NIRE 35223461562.

 

GILBERTO MACIEL DE SOUSA: BRAZILIAN, SINGLE, HOLDER OF DOCUMENTS CPF 022.175.484-92, RG 35.602.722-3, RESIDENTIAL ADDRESS AT RUA CARUXA 158, SÃO PAULO/SP.

 

FURTHER DETAILS ARE SO FAR NOT KNOWN.

 

PUBLIC 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.

 

THE SUBJECT HAS NO BALANCE SHEET INFORMATION TO PROVIDE BUT HAS DISCLOSED THE FOLLOWING FIGURES REGARDING ITS SALES:

 

 

 

 

 

 

MONTHLY SALES

 

  2011

  2010

 

 

---------------------

---------------------

 

JANUARY

R$ 296.628,00

R$ 196.200,00

 

FEBRUARY

R$ 289.796,00

R$ 153.100,00

 

MARCH

 

R$ 281.400,00

 

APRIL

 

R$ 68.100,00

 

MAY

 

R$ 194.500,00

 

JUNE

 

R$ 526.200,00

 

JULY

 

R$ 493.900,00

 

AUGUST

 

R$ 400.500,00

 

SEPTEMBER

 

R$ 608.200,00

 

OCTOBER

 

R$ 443.250,00

 

NOVEMBER

 

R$ 385.867,00

 

DECEMBER

 

R$ 168.900,00

 

TOTAL

R$ 586.424,00

R$ 3.920.117,00

 

 

EXCHANGE RATE:

 

 

US$ 1,00 = R$ 1,66

 - OFFICIAL RATE ON 23/03/2011

 

 

COMMENTS ON THE FINANCIAL INFORMATION:

 

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

 

ALL THAT CAN BE REPORTED IS THAT SUBJECT OPERATES WITH AN INTERESTING SCALE OF ACTIVITIES AND SO FAR NO SIGNS OF FINANCIAL PROBLEMS ARE REGISTERED.

 

REAL ESTATE:

 

   NOT AVAILABLE

 

VEHICLES:

 

   NOT AVAILABLE

 

MACHINES:

 

   NOT AVAILABLE

 

 

INSURANCE

 

NOT AVAILABLE.

 

BANKING REFERENCES

 

 

BRANCH/PHONE:

 

BANCO BRADESCO S/A

3396-0    11 5545-9600

 

BANCO CITIBANK S/A

0067      11 2176-5207

 

 

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 NOT RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682 BRAZILIAN CENTRAL BANK").

 

 

ACTIVITIES COMMENTS

 

 

MANUFACTURE, TRADE, IMPORT AND EXPORT OF HOSES, HYDRAULIC CONNECTIONS AND TERMINALS AND INDUSTRIAL BELTS AND CONVEYOR.

 

 

IMPORT AND EXPORT:

 

   IMPORTS FROM:

ARGENTINA, ITALIA, CINGAPURA, AUSTRIA, GERMANY AND INDIA.

 

   EXPORTS TO:

NOT AVAILABLE.

 

MAIN CLIENTS:

 

 

 

 

 

DOMESTIC CLIENTS:

 

 

NOT AVAILABLE.

 

 

 

STAFF:

 

THE COMPANY HAS: 15 EMPLOYEE(S)

 

 

CONCEPT AND FULFILMENT

 

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

 

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:

 

PHONE:

HENNINGS VEDAÇÕES HIDRAULICAS E PNEUMATICAS LTDA

 

11 3028-9509

KIKO-FLEX MANGUEIRAS HIDRAULICAS LTDA

 

11 4081-9500

ODL INDUSTRIA E COMERCIO LTDA

 

11 2280-9066

TOGMAN COMERCIO IMPORTAÇÃO E EXPORTAÇÃO LTDA

 

11 4161-1240

VMC

 

11 2955-5333

 

FOREIGN SUPPLIERS:

COUNTRY:

PHONE:

DUNLOP ARGENTINA

ARGENTINA

54 4666-2000

DUNLOP HIFLEX

SINGAPORE

65 63639511

ELAFLEX - GUMMI EHLERS GMBH

GERMANY

49 40 540005-27

ROMAN SELIGER

GERMANY

49 40 523064-0

SEMPERIT TECHNISCHE PRODUKTE GESELLSCHAFT GMBH

AUSTRIA

43 2360 310-471

 

PAYMENT HISTORY:

 

5 SUPPLIERS REPORTED PAYMENTS:

AMOUNT OF INVOICES PAID: 89

TOTAL OF PROMPT PAYMENTS: 100%

HIGHEST INVOICE: R$ 16.430,00

HIGHEST CREDIT: R$ 18.829,00

 

 

FINAL OPINION

 

BASED ON THE GENERAL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN TERMS AND AMOUNTS ADEQUATE TO THE COMPANY’S FINANCIAL STRENGTH.

 

A CREDIT LIMIT OF USD 50.000,00 MAY BE CONSIDERED.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.65

UK Pound

1

Rs.71.91

Euro

1

Rs.63.28

 

 

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.