MIRA INFORM REPORT

 

 

Report Date :

21.08.2012

 

 

 

 

Tel. No.:

55 41 3590 3000

 

 

IDENTIFICATION DETAILS

 

Name :

BB FÉRTIL INDÚSTRIA E COMERCIO DE BIG BAGS LTDA

 

 

Registered Office :

Rua Barão Do Cerro Azul, 1117 Barracão 01 - Centro , Zip Code 83301-000 - Piraquara/Pr

 

 

Country :

Brazil

 

 

Date of Incorporation :

06.02.2002

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacturer of packaging

 

 

No. of Employees :

180 employees

 

 

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 :

Moderate

Payment Behaviour :

Unknown

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)

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

 

BB FÉRTIL INDÚSTRIA E COMERCIO DE BIG BAGS LTDA

 

 

company ADDRESSES

 

MAIN ADDRESS:

RUA BARÃO DO CERRO AZUL, 1117 BARRACÃO 01 - CENTRO

ZIP CODE/CITY:

83301-000 - PIRAQUARA/PR

 

 

PHONE:

41 3590-3000

FAX:

41 3590-3000

E-MAIL:

derson@bbfertil.com.br

WEB SITE:

www.bbfertil.com.br

 

BRANCHES:

 

 

 

ADDRESS:

RUA ALBERTO SADDI, 1235

ZIP CODE/CITY:

78745-710 RONDONOPOLIS/MT

 

 

LEGAL DATA

 

MAIN ACTIVITIES:

 

MANUFACTURE OF PACKAGING.

 

LEGAL FORM:

LIMITED LIABILITY COMPANY

 

 

INCORPORATION DATE:

06/02/2002

REGISTER DATE:

06/02/2002

BALANCE SHEET FILING DATE:

31/12

TAX CONTRIBUTOR NUMBER(CNPJ):

04.905.771/0001-89

STATE REGISTER:

90.255.838-14

 

 

SHARE CAPITAL:

R$ 556.089,00

 

BOARD OF DIRECTORS:

 

 

 

LAZARO EDUARDO DOS SANTOS NETO

MANAGING PARTNER

CARLOS ALBERTO AGUIAR GOMES DE MENDONÇA MOTA

MANAGER

 

 

AUTHORIZED USE OF SIGNATURE

 

THE MANAGING PARTNER AND MANAGER ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY.

 

SHAREHOLDERS / PARTNERS:

 

 

 

LAZARO EDUARDO DOS SANTOS NETO

20%

CATA TECIDOS E EMBALAGENS INDUSTRIAIS LTDA

80%

 

AFFILIATES / SUBSIDIARIES:

 

 

 

A SCAN THROUGH OUTSIDE SOURCES SHOWED THE SUBJECT AND/OR PARTNERS/MANAGERS HAVE THE FOLLOWING UNCONFIRMED HOLDINGS:

 

 

LAZARO EDUARDO DOS SANTOS NETO

 

BRASFLEX COMPONENTES TEXTEIS LTDA

 

CATA TECIDOS TÉCNICOS LTDA

 

RECICATA CATA RECICALGEM LTDA

 

SPIN SOC. DE PARTICIPAÇÕES E INVESTIMENTOS LTDA

 

CGM PATRIMONIAL LTDA

 

C M MULTIFILAMENTOS DO BRASIL LTDA

 

 

 

COMPANY'S BACKGROUND

 

THE SUBJECT WAS ESTABLISHED ON FEBRUARY 06, 2002 TO BE ENGAGED IN THE SAID LINE OF BUSINESS AND UP TO DATE IT IS STILL OPERATING WITHIN THE GENERAL SCENE REPORTED HEREIN.

 

BUSINESS ADDRESS HAS CHANGED FROM (RUA ANSELMO DE LIMA FILHO, 242 CIC, CURITIBAPR) TO THE PRESENT REGISTERED ONE.

 

FURTHER DETAILS ARE SO FAR NOT KNOWN.

 

WHEN CONTACTING THE SUBJECT WE INTERVIEWED MR. DERSON, FINANCIAL DEPARTMENT, WHO INFORMED THAT WOULD NOT DISCLOSE ANY KIND OF INFORMATION UNLESS THE INQUIRING PARTY'S NAME WAS DISCLOSED.

 

IF IT IS POSSIBLE TO DISCLOSE THE NAME OF THE INTERESTED SUPPLIER OF THE SUBJECT, WE MAY RESUME OUR CONTACTS AND TRY TO OBTAIN FURTHER INFORMATION.

 

THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE SOURCES, OUR DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL SOURCES USUALLY INVESTIGATED.

 

PUBLIC RECORDS 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.

 

OUR INVESTIGATION THROUGH THE OUTSIDE SOURCES SHOWED NO FINANCIAL DATA ABOUT THE SUBJECT.

 

EXCHANGE RATE:

 

 

US$ 1,00 = R$ 2,01

 - OFFICIAL RATE ON 17/08/2012

 

COMMENTS ON THE FINANCIAL INFORMATION:

 

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

 

REAL ESTATE:

NOT AVAILABLE

 

VEHICLES:

NOT AVAILABLE

 

MACHINES:

NOT AVAILABLE

 

 

INSURANCE

 

NOT AVAILABLE.

 

 

BANKING REFERENCES

 

 

BRANCH/PHONE:

 

BANCO DO BRASIL S/A

3406-1 / 41 3314-1009

 

BANCO SANTANDER (BRASIL) S/A

2027 / 41 3234-1020

 

BANCO ITAU S/A

3761 / 41 3320-4849

 

 

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 NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682 BRAZILIAN CENTRAL BANK").

 

ACTIVITIES COMMENTS

 

THE SUBJECT IS ENGAGED IN THE MANUFACTURE OF PACKAGING.

 

MAIN PRODUCT: BIG BAGS FOR GRAINS, FERTILIZERS ETC.

 

IMPORT AND EXPORT:

 

 IMPORTS FROM:

NOT AVAILABLE.

 

 EXPORTS TO:

NOT AVAILABLE.

 

MAIN CLIENTS:

 

 

 

 

 

DOMESTIC CLIENTS:

 

PHONE:

ADM DO BRASIL LTDA

 

11 5185-3538

BUNGE FERTILIZANTES S/A

 

11 5054-9800

FERTIPAR FERTILIZANTES DO PARANA

 

41 3029-9009

MOSAIC FERTILIZANTES DO BRASIL LTDA

 

11 5054-9800

PENINSULA INTERNATIONAL

 

41 3342-8600

 

STAFF:

 

THE COMPANY HAS: 180 EMPLOYEE(S)

 

 

CONCEPT AND FULFILMENT

 

THE SUBJECT WAS ESTABLISHED IN 2002. SO FAR IT HAS A CLEAR TRADE HISTORY AND MODEST PAYMENT BEHAVIOR IS NOTED.

 

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:

ALÇATEC PRODUTOS SINTETICOS LTDA

 

19 3873-2229

CODEPRESS IND. E COMERCIO DE ETIQUETAS LTDA

 

44 3218-5800

LINHASITA INDUTRIA DE LINHAS PARA COSER LTDA

 

41 3015-2159

LUMINAR TINTAS E VERNIZES LTDA

 

41 3262-5423

MASTERCORP DO BRASIL LTDA

 

41 2102-3087

POLLYBRIL FILMES TECNICOS IND. E COMERCIO LTDA

 

11 3884-3326

TOPACK DO BRASIL LTDA

 

19 3468-6995

 

PAYMENT HISTORY:

 

01 SUPPLIER REPORTED PAYMENTS:

   TOTAL AMOUNT:  R$ 1.786,00

 

AMOUNT OF INVOICES PAID: 3

TOTAL OF PROMPT PAYMENTS: 100%

HIGHEST INVOICE: R$ 595,00

HIGHEST CREDIT: R$ 595,00

 

 

FINAL OPINION

 

BASED ON THE OVERALL DATA AVAILABLE THE SUBJECT MAY BE CONSIDERED FOR NORMAL BUSINESS COMMITMENTS. CREDIT FACILITIES HOWEVER SHOULD BE GRANTED ON FULLY SECURED TERMS ONLY DUE TO THE ABSENCE OF FINANCIAL DATA.

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.70

UK Pound

1

Rs.87.55

Euro

1

Rs.68.85

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.