MIRA INFORM REPORT

 

 

 

 

Report Date :           

23.04.2012

 

IDENTIFICATION DETAILS

 

Name :

TECME SA

 

 

Registered Office :

Public street s / n., Cordoba, X5008HJY

 

 

Country :

Argentina

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Private Independent Company

 

 

Line of Business :

Subject is a medical equipment manufacturing company

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Undetermined

Payment Behaviour :

---

Litigation :

---

 

 

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)

Argentina

b1

b1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name & address 

 

Tecme Sa

Public street s / n.

Cordoba, X5008HJY

Argentina

Tel:       543514144600

Fax:      543514144605

Web:    www.tecme.com.ar

           

 

Synthesis

 

Employees:                  NA

Company Type:            Private Independent

Reporting Currency:       NA

Annual Sales:               NA

Total Assets:                NA

 

 

Business Description     

 

TECME SA (TECME) is a medical equipment manufacturing company engaged in the research and development of avant-grade technologies in the field of anesthesia and respiratory care. The company specializes in the design, manufacturing, marketing and distributing medical ventilators for adults, children and newborns. The product portfolio of the company includes NEUMOVENT Graph and NEUMOVENT Graphnet. NEUMOVENT Graph is a microprocessor-controlled ventilator, providing invasive and non-invasive ventilation for patients who require temporary or extended ventilatory support. The company received ISO 9001:2000 and ISO 13485:2003 quality certification. It operates its business 37 countries around the world. TECME is headquartered in Cordoba, Argentina.

 

 

Corporate Overview

 

Location

Public street s / n.

Cordoba, X5008HJY

Argentina

Tel:       543514144600

Fax:      543514144605

Web:    www.tecme.com.ar

           


 

Sales (mil):        NA

Assets (mil):      NA

Employees:       NA

Company Type: Private Independent

Quoted Status:  Not Quoted

 

Business Description

TECME SA (TECME) is a medical equipment manufacturing company engaged in the research and development of avant-grade technologies in the field of anesthesia and respiratory care. The company specializes in the design, manufacturing, marketing and distributing medical ventilators for adults, children and newborns. The product portfolio of the company includes NEUMOVENT Graph and NEUMOVENT Graphnet. NEUMOVENT Graph is a microprocessor-controlled ventilator, providing invasive and non-invasive ventilation for patients who require temporary or extended ventilatory support. The company received ISO 9001:2000 and ISO 13485:2003 quality certification. It operates its business 37 countries around the world. TECME is headquartered in Cordoba, Argentina.

 

 

Competitors Report

 

Company Name

Location

Employees

Ownership

Acoma Medical Industry Co., Ltd.

Tokyo, Japan

145

Private

Leistung Engineering

Cordoba, Argentina

 

Private

Medix

Villa Lynch, Buenos Aires, Argentina

100

Private

Numask, Inc.

Woodland Hills, California, United States

3

Private

S.L.E. Ltd.

South Croydon, United Kingdom

77

Private

Santair S.A.

Athens, Greece

56

Private

 


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.