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Report Date : |
15.12.2012 |
IDENTIFICATION DETAILS
|
Name : |
ALOÉS INDÚSTRIA E COMÉRCIO LTDA |
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|
|
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Registered Office : |
Rodovia Amaral Peixoto, S/N°. Km 6,5 Bairro Tribobo , Zip Code 24753-560 - São Gonçalo/Rj |
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Country : |
Brazil |
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Date of Incorporation : |
22.09.1992 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Manufacturer of infantile and geriatric disposable diapers, humid handkerchief and sanitary napkin |
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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 : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Exists |
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Brazil |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
|
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 |
Brazil - ECONOMIC OVERVIEW
Characterized by large and well-developed agricultural, mining,
manufacturing, and service sectors, Brazil's economy outweighs that of all
other South American countries, and Brazil is expanding its presence in world
markets. Since 2003, Brazil has steadily improved its macroeconomic stability,
building up foreign reserves, and reducing its debt profile by shifting its
debt burden toward real denominated and domestically held instruments. In 2008,
Brazil became a net external creditor and two ratings agencies awarded
investment grade status to its debt. After strong growth in 2007 and 2008, the
onset of the global financial crisis hit Brazil in 2008. Brazil experienced two
quarters of recession, as global demand for Brazil's commodity-based exports
dwindled and external credit dried up. However, Brazil was one of the first
emerging markets to begin a recovery. In 2010, consumer and investor confidence
revived and GDP growth reached 7.5%, the highest growth rate in the past 25
years. Rising inflation led the authorities to take measures to cool the
economy; these actions and the deteriorating international economic situation
slowed growth to 2.7% for 2011 as a whole, though forecasts for 2012 growth are
somewhat higher. Despite slower growth in 2011, Brazil overtook the United
Kingdom as the world's seventh largest economy in terms of GDP. Urban
unemployment is at the historic low of 4.7% (December 2011), and Brazil's
traditionally high level of income equality has declined for each of the last
12 years. Brazil's high interest rates make it an attractive destination for
foreign investors. Large capital inflows over the past several years have
contributed to the appreciation of the currency, hurting the competitiveness of
Brazilian manufacturing and leading the government to intervene in foreign
exchanges markets and raise taxes on some foreign capital inflows. President
Dilma ROUSSEFF has retained the previous administration's commitment to
inflation targeting by the central bank, a floating exchange rate, and fiscal
restraint.
|
Source : CIA |
ALOÉS INDÚSTRIA E
COMÉRCIO LTDA
|
MAIN ADDRESS: |
RODOVIA AMARAL PEIXOTO, S/N°. KM 6,5 BAIRRO TRIBOBO |
|
ZIP CODE/CITY: |
24753-560 - SÃO GONÇALO/RJ |
|
|
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PHONE: |
21 3219-3600 |
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FAX: |
21 3219-3600 |
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E-MAIL: |
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WEB SITE: |
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BRANCHES: |
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|
|
|
ADDRESS: |
RODOVIA BR 365 – KM 622 |
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ZIP CODE/CITY: |
UBERLÂNDIA/MG |
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ADDRESS: |
RUA BERTIOGA 149 |
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ZIP CODE/CITY: |
SÃO PAULO/SP |
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MAIN ACTIVITIES: |
|
MANUFACTURE OF INFANTILE AND GERIATRIC DISPOSABLE DIAPERS, HUMID
HANDKERCHIEF AND SANITARY NAPKIN. |
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LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
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INCORPORATION DATE: |
22/09/1992 |
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REGISTER DATE: |
22/09/1992 |
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BALANCE SHEET FILING DATE: |
31/12 |
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TAX CONTRIBUTOR NUMBER(CNPJ): |
68.626.183/0001-99 |
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STATE REGISTER: |
84.729.809 |
|
|
|
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SHARE CAPITAL: |
R$ 27.156.914,00 |
|
LAST REGISTER OF CAPITAL: |
15/05/2003 |
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BOARD OF
DIRECTORS: |
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|
|
|
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ALTOMIR RÉGIS DA CUNHA |
MANAGING PARTNER |
|
ROZANE RANGEL DA CUNHA |
MANAGING PARTNER |
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THE MANAGING PARTNERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
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SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
ALTOMIR RÉGIS DA CUNHA |
60% |
|
ROZANE RANGEL DA CUNHA |
40% |
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AFFILIATES /
SUBSIDIARIES: |
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|
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|
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A SCAN THROUGH OUTSIDE SOURCES SHOWED THE SUBJECT AND/OR DIRECTORS
HAS/HAVE THE FOLLOWING UNCONFIRMED HOLDINGS: |
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TOP LINE ADHONEP COMERCIO, EXPORTAÇÃO E IMPORTAÇÃO LTDA |
|
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BRINTECNICA CONFECÇÕES DE PLÁSTICOS LTDA |
|
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ALOES NORDESTE INDUSTRIA E COMERCIO DE DESCARTAVEIS LTDA |
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ALOÉS PIRAI IND E COMERCIO LTDA |
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SILVER MARLIN EXPLORACAO E PRODUCAO DE PETROLEO E GAS LTDA |
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ALCANA USINA DE ÁLCOOL E AÇÚCAR LTDA |
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ARIZONA USINA DE ÁLCOOL E AÇÚCAR LTDA ME |
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ELCANA GOIÁS USINA DE ÁLCOOL E AÇÚCAR LTDA |
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CASA RODRIGUES DE FERRAGENS LTDA |
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GIOM DISTRIBUIDORA LTDA |
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ALOÉS INVESTIMENTOS E PARTICIPAÇÕES LTDA |
|
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RRC ASSESSORIA EMPREENDIMENTOS E PLANEJAMENTO LTDA |
|
|
THE SUBJECT WAS ESTABLISHED IN 1992 TO BE ENGAGED IN THE SAID LINE OF
BUSINESS. TRADE NAME: "ALOÉS". FURTHER DETAILS ARE SO FAR NOT KNOWN. WHEN CONTACTING THE SUBJECT WE INTERVIEWED MR.CARLOS PAES, FINANCIAL
MANAGER, 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
INFORMATION: |
|
PROTESTS: |
|
856 PROTESTS,TOTAL AMOUNT R$ 16.549.040,12 |
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DATE OF FIRST PROTEST: FEBRUARY/2012 R$ 5.079,66 |
|
DATE OF HIGHEST PROTEST:
SEPTEMBER/2012 R$ 268.710,71 |
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DETAILS OF LATEST PROTESTS: |
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NOTARY OFFICE: |
DATE: |
VALUE: |
|
5º CARTÓRIO DE RJ-SÃO GONÇALO |
06/12/2012 |
R$ 11.864,20 |
|
5º CARTÓRIO DE RJ-SÃO GONÇALO |
06/12/2012 |
R$ 4.351,49 |
|
5º CARTÓRIO DE RJ-SÃO GONÇALO |
05/12/2012 |
R$ 73.346,40 |
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5º CARTÓRIO DE RJ-SÃO GONÇALO |
05/12/2012 |
R$ 10.925,60 |
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5º CARTÓRIO DE RJ-SÃO GONÇALO |
05/12/2012 |
R$ 47.121,45 |
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LAWSUITS: |
|
|
|
|
DATE: |
COURT OF LAW: |
|
3 |
FEDERAL LAWSUITS |
05/02/10 |
1º VARA DE RJ-SÃO GONÇALO |
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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. |
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EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 2,07 |
- OFFICIAL RATE ON 13/12/2012 |
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COMMENTS ON THE
FINANCIAL INFORMATION: |
|
IN THE ABSENCE OF FINANCIAL INFORMATION NO COMMENTS CAN BE MADE ABOUT
THE SUBJECT'S CURRENT FINANCIAL STANDING. |
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REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$ 4.048.601,54
THE PARTNERS OWN REAL ESTATE VALUED AT R$ 2.000.000,00
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$ 1.405.226,60
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS ARE VALUED AT R$ 29.337.505,42
|
INSURANCE COMPANY: |
BRADESCO SEGUROS |
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COVERAGE: |
INDUSTRY/CEASING PROFIT/FLEET/TRANSPORT |
|
VALUE: |
R$ 25.000.000,00 |
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BRANCH/PHONE: |
|
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BANCO DO BRASIL S/A |
21 3808-3280 |
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BANCO BRADESCO S/A |
21 2620-7007 |
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BANCO REAL (SANTANDER) S/A |
21 2526-9886 |
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|
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"). |
|
MANUFACTURE OF INFANTILE AND GERIATRIC DISPOSABLE DIAPERS, HUMID HANDKERCHIEF
AND SANITARY NAPKIN. |
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IMPORT AND
EXPORT: |
IMPORTS FROM:
|
UNITED STATES, JAPAN, MALAYSIA AND ARGENTINA. |
EXPORTS TO:
|
EGYPT AND SOUTH AFRICA. |
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MAIN CLIENTS: |
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DOMESTIC
CLIENTS: |
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PHONE: |
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ARCOM COM. IMP. EXP. LTDA. |
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61 3361-6641 |
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CARREFOUR IND COM LTDA |
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11 3779-6131 |
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CASAS SENDAS |
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21 3651-9195 |
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CBD (GRUPO PÃO DE AÇÚCAR) |
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21 3439-2000 |
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DROGARIAS DESCONTÃO |
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21 3548-5504 |
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GRUPO MARTINS |
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34 3218-1337 |
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JNF COMÉRCIO INTERNO LTDA |
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LOJAS AMERICANAS |
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MAKRO ATACADISTA |
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WALL MART |
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STAFF: |
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|
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NOT AVAILABLE |
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THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN ACTIVITIES SINCE 1992.
HOWEVER, SO FAR IT HAS A TRADE HISTORY AFFECTED BY SEVERAL DETRIMENTAL FILES
AND SLOW PAYMENT BEHAVIOR. THE LAWSUITS REPORTED ARE NOT RELATED
WITH TRADE DEBTS. THEY ARE RELATED TO TAX DEBTS THAT FOR ANY REASON THE
COMPANY HAS NOT YET PAID. OUR INVESTIGATION THROUGH THE PUBLIC SHOWED SOME DETRIMENTAL FILES
REGISTERED AGAINST THE SUBJECT WHAT SHOWS IT HAS BEEN FAILING TO FULFILL SOME
OF ITS TRADE COMMITMENTS. |
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MAIN SUPPLIERS: |
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DOMESTIC
SUPPLIERS: |
|
PHONE: |
|
BASF S/A |
|
11 751-2839 |
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CANGURU EMBALAGENS LTDA. |
|
48 3461-9000 |
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CIA PROVIDÊNCIA IND. COM. LTDA. |
|
11 3849-3348 |
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FITESA HORIZONTE IND. LTDA. |
|
51 3489-7000 |
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GEORGIA PACIFIC |
|
11 3819-7835 |
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HB FULLER BRASIL |
|
15 3228-1579 |
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PAYMENT HISTORY: |
|
04 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 126.054,00 |
|
|
|
AMOUNT OF INVOICES PAID: 12 |
|
TOTAL OF PROMPT PAYMENTS: 3,7% |
|
TOTAL OF DELAYED PAYMENTS: 96,3% |
|
|
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HIGHEST INVOICE: R$ 59.935,00 |
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HIGHEST CREDIT: R$ 59.935,00 |
|
TAKING INTO ACCOUNT THE HIGH AMOUNT OF DETRIMENTAL FILES WE ARE UNABLE
TO RECOMMEND BUSINESS DEALING WITH THIS COMPANY AS IT IS CONSIDERED HIGH
RISK. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.39 |
|
UK Pound |
1 |
Rs.87.78 |
|
Euro |
1 |
Rs.71.29 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.