MIRA INFORM REPORT
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Report Date : |
28.11.2011 |
IDENTIFICATION DETAILS
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Name : |
ACEITUNAS Y ENCURTIDOS ZAMBUDIO SL |
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Registered Office : |
Vrda. Cruz, 42, Murcia, 30161 |
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Country : |
Spain |
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Financials (as on) : |
31.12.2009 |
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Year of Establishment : |
1999 |
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Com. Reg. No.: |
B73032831 |
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Legal Form : |
Private Independent Company |
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Line of Business : |
Other processing and preserving of fruit and vegetables |
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No. of Employees
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17 Persons |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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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 – September 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Spain |
a2 |
a2 |
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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 |
Company name & address
Aceitunas Y Encurtidos Zambudio Sl
Vrda. Cruz, 42
Murcia, 30161
Spain
Tel: +(34) 968301164
Synthesis
Employees: 17
Company Type: Private Independent
Incorporation Date: 1999
Financials in: USD
(Millions)
Fiscal Year End:
11-Nov-2010
Reporting Currency: Euro
Annual Sales: 3.3
1
Net Income: 0.0
Total Assets: 2.9
Business Description
Other processing and preserving of fruit and vegetables
Industry
Industry Food Processing
ANZSIC 2006: 1140 - Fruit and
Vegetable Processing
NACE 2002: 1533 - Processing
and preserving of fruit and vegetables not elsewhere classified
NAICS 2002: 3114 - Fruit and
Vegetable Preserving and Specialty Food Manufacturing
UK SIC 2003: 1533 - Processing
and preserving of fruit and vegetables not elsewhere classified
US SIC 1987: 203 - Canned,
Frozen, and Preserved Fruits and Vegetables
Key Executives
Name Title
Zambudio Pina Francisco Javier Administrator, Managing
Director
Registered No.(ESP): B73032831
1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7453869
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7315556
Corporate Overview
Location
Vrda. Cruz, 42
Murcia, 30161
Spain
Tel: +(34) 968301164
Sales EUR(mil): 2.4
Assets EUR(mil): 2.1
Employees: 17
Fiscal Year End: 11-Nov-2010
Industry: Food Processing
Incorporation Date: 1999
Company Type: Private Independent
Quoted Status: Not Quoted
Registered No.(ESP): B73032831
Administrator,
Managing Director: Zambudio
Pina Francisco Javier
Contents
·
Industry
Codes
·
Business
Description
·
Financial
Data
·
Key
Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
1140 - Fruit and Vegetable Processing
NACE 2002 Codes:
1533 - Processing and preserving of fruit and vegetables not
elsewhere classified
NAICS 2002 Codes:
3114 - Fruit and Vegetable Preserving and Specialty Food
Manufacturing
US SIC 1987:
203 - Canned, Frozen, and Preserved Fruits and Vegetables
UK SIC 2003:
1533 - Processing and preserving of fruit and vegetables not
elsewhere classified
Business
Description
Other processing and preserving of fruit and vegetables
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Executive report
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Executives |
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Administrator, Managing Director |
Managing Director |
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Annual Profit & Loss
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31-Dec-2009 |
31-Dec-2008 |
31-Dec-2006 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate
(Period Average) |
0.719047 |
0.683679 |
0.796979 |
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Consolidated |
No |
No |
No |
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Charges |
3.4 |
3.4 |
2.5 |
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Staff Costs |
0.4 |
0.4 |
0.4 |
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Wages
and Salaries |
- |
- |
0.3 |
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Social
Security Costs |
0.4 |
0.4 |
0.1 |
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Depreciation |
0.1 |
0.1 |
0.1 |
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Allowance for
Trade Operations |
- |
- |
0.0 |
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Other Operating
Charges |
0.3 |
0.4 |
0.2 |
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Operating
Benefits |
0.2 |
0.2 |
0.2 |
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Financials and
Similar Charges |
0.1 |
0.1 |
0.1 |
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Due
to Liabilities With Group Companies |
- |
- |
0.1 |
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Due
to Other Liabilities |
0.1 |
0.1 |
0.0 |
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Changes in
Financial Investment Provisions |
0.1 |
0.1 |
- |
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Profit From
Ordinary Activities |
0.0 |
0.0 |
0.0 |
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Losses From Assets
and Securities Portfolio |
- |
- |
0.0 |
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Extraordinary
Expenses |
- |
- |
0.0 |
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Extraordinary
Profit |
0.0 |
0.0 |
0.0 |
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Profit Before
Taxes |
0.0 |
0.0 |
0.0 |
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Corporation Tax |
0.0 |
0.0 |
0.0 |
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Financial Year
Result (Profit) |
0.0 |
0.0 |
0.0 |
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Income |
3.4 |
3.5 |
2.6 |
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Net Total Sales |
3.4 |
3.4 |
2.5 |
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Negative
Financial Results |
0.1 |
0.2 |
0.1 |
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Profit on Disposal
of Assets |
0.0 |
0.0 |
- |
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Extraordinary
Income |
0.0 |
0.0 |
0.0 |
Annual Balance
Sheet
Financials in: USD (mil)
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31-Dec-2009 |
31-Dec-2008 |
31-Dec-2006 |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.696986 |
0.719399 |
0.758351 |
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Consolidated |
No |
No |
No |
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Total Intangible
Fixed Assets |
- |
- |
0.1 |
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Total Tangible
Fixed Assets |
0.6 |
0.6 |
0.3 |
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Financial
Investments |
0.0 |
0.0 |
0.0 |
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Total Fixed Assets |
0.6 |
0.6 |
0.4 |
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Deferred Expenses |
- |
- |
0.0 |
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Total Stocks |
2.1 |
2.1 |
1.7 |
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Total Debtors |
0.2 |
0.2 |
0.2 |
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Cash |
0.1 |
0.0 |
0.0 |
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Total Current Assets |
2.4 |
2.3 |
1.9 |
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Total Assets |
3.0 |
2.8 |
2.4 |
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Total Reserves |
0.1 |
0.1 |
0.0 |
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Profit or Loss
Brought Forward |
0.2 |
0.1 |
0.1 |
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Profit or Loss for
the Financial Year |
0.0 |
0.0 |
0.0 |
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Total Equity |
0.4 |
0.3 |
0.3 |
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Total Long Term Liabilities |
1.1 |
0.7 |
0.6 |
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Total Short Term Creditors |
1.5 |
1.8 |
1.5 |
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Total
Liabilities and Equity |
3.0 |
2.8 |
2.4 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.52.17 |
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UK Pound |
1 |
Rs.80.64 |
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Euro |
1 |
Rs.69.43 |
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 |
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NB |
New Business |
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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.