MIRA INFORM REPORT

 

 

Report Date :           

21.04.2012

 

IDENTIFICATION DETAILS

 

Name :

SUPERTIENDAS HANDAL S DE RL

 

 

Registered Office :

3 Ave. 14 Calle, N.O. Bo. Las Acacias, San Pedro Sula, Honduras., C.A. Apartado Postal No. 1018

 

 

Country :

Honduras

 

 

Year of Establishment :

2002

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

Goods Importer

 

 

No. of Employees :

Not Available

 

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 :

EUR 100,000

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, 2012

 

Country Name

Previous Rating

                   (31.12.2011)                  

Current Rating

(31.03.2012)

Honduras

c2

c2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

GEOPOLITICS

 

POLITICAL DATA

ECONOMIC DATA

Form of Government: Republic


Economic Risk: Present

Currency: 100.00 USD = 75.6746 EUR

Branch Situation: Medium

 

 

IDENTIFICATION

 

Ordered as:

Supertiendas Handal S de RL

Address in the order:

3rd Avenue and 14th Street Barrio Las Acacias San Pedro Sula

 

 

Legal Name:

Supertiendas Handal S de RL

 

 

Legal Address

3 Ave. 14 Calle, N.O. Bo. Las Acacias, San Pedro Sula, Honduras., C.A. Apartado Postal No. 1018

 

 

Telephone:

(504) 2553 - 4285 / (504) 2553 - 3258

ID :

N.A.

Fax:

(504) 557-6783

Legal Form:

Corporation for Profit

Email:

info@supertiendashandal.com

Registered in:

HONDURAS

Website:

http://www.supertiendashandal.com/

Date Created:

2002

Manager:

José Miguel Handal Larach, Owner

Date Incorporated:

2002

Staff:

N.A.

Stock:

N.A.

 

 

Value:

N.A.

Activity:

GOODS IMPORTER

 

 

BANKS

 

Name of the Bank

BANCO CENTRAL DE HONDURAS

 

BUSINESS

 

HISTORY

 

The company was established in Honduras (2002) before called AUTO PARTES HANDAL, but after a fire where was involved the company in the year 2000, they re-opened the company under a new name two years after.

PRINCIPAL ACTIVITY

 

The company's activity is import and sales of goods to the public in general as well as companies.

Products/Services description:

 

ELECTRONIC PRODUCTS

 

MOTORBIKES

 

HOME FURNITURES

 

KITCHEN FURNITURES

 

TOYS

 

PERSONAL ACCESSORISE

 

AUTOMOTIVE ACCESSORIES

 

and many others.

Sales are:

 

Retail

Brands:

 

AUTOPARTES HANDAL

http://www.corporacionhandal.com

 

SUPERTIENDAS HANDAL

http://www.supertiendashandal.com

 

CLEOPATRASH

http://www.cleopatrashn.com/

 

JM TROYA

http://www.jmtroya.com

Clients:

 

public and companies in general.

Suppliers:

 

Chongqing Lifan Industry (Group) Imp. & Exp. Co., Ltd.

No. 60, Zhangjiawan, Shangqiao, Shapingba District, Chongqing, China, 400037

 

CHONGQING LIFAN INDUSTRY (GROUP) IM

NO.60,ZHANGJIAWAN,SHANGQIAO,SHAPING CHONGQING 51 400037 CHINA

Operations area:

 

National, Local

The company imports from  China

Comments on staff:

 

we could not confirm a especific number of employees with the company.

LOCATION

Headquarters

 

3 Ave. 14 Calle, N.O. Bo. Las Acacias, San Pedro Sula, Honduras., C.A. Apartado Postal No. 1018

The property is:

 

Owned

Branches:

 

ANTA ROSA DE COPAN

Comercial  JR Guillen

Tel: (504) 662- 4480

 

SANTA BARBARA

Inversiones La Cabaña

Kilometro 64 1/2 Carretera internacional, La flecha, Santa Barbara

Tel: (504) 9924- 5981

 

LA ENTRADA, COPAN

Auto Servicio La Entrada

Tel: (504) 661- 2334

 

 

Shareholders - Manager - Related Companies

 

Listed at the stock exchange:

 

NO

Shareholders Parent Company(ies):

 

Mr. José Miguel Handal Larach is the sole owner of the company.

Management:

 

Mr. José Miguel Handal Larach, Owner



Financials - COMMERCIAL TRENDS AND FORECAST

 

As a private company the subject does not publish any financial statements.

Comments on the financial data: We could not get financial information about the company.

Legal Fillings

 The sources consulted record no detrimental legal or labor court information.

 Final Opinion

 

-The company has 10 years of experience in the market.

 

-The company was doing business before but in 2000 they had to close due to a fire in the headquarters, they re-open the business growing year after year, trying to get the same level of business as they did in the pass.

 

-This is a well known company in the market.

 

-We did not find any negative report under the company's name.

 

-A credit line may be considered for EUR 100,000

 

 

SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

Profitability

N.A.

Public

NO

Indebtedness

N.A.

Payments

N.A.

Cash

N.A.

 

 

 

 

APPENDIX

 

Comments

 

We had contact with the receptionist who indicated there was no one at the company to speak with.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.51.99

UK Pound

1

Rs.83.54

Euro

1

Rs.63.40

 

 

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%)

 

 

 

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