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Report Date : |
15.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
RUBBER VULK LDA |
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Registered Office : |
Zona Industrial De Oliveira De Frades, Lote 21 Oliveira De Frades |
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Country : |
Portugal |
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|
|
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
04.09.2001 |
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|
Legal Form : |
Private Limited Company |
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Line of Business : |
Wholesale of parts and accessories for motor vehicles |
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No. of Employees : |
5 |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
Euros 24.940,00 |
|
Status : |
Good |
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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 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Portugal |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
|
Name |
RUBBER VULK LDA |
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V.A.T. Number / NIF |
505516519 |
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Address |
Zona Industrial de Oliveira de Frades, Lote 21 |
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Locality |
OLIVEIRA DE FRADES |
Postal Code |
3680-323-SOUTO DE LAFOES |
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Municipality |
OLIVEIRA DE FRADES |
District |
VISEU |
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Telephone |
939733602, 232763109 |
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Fax |
234522260, 232763110 |
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E-Mail |
info@rubbervulk.com |
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Web Site |
www.rubbervulk.com |
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C.A.E.(Rev 3) |
45310- Wholesale of parts and accessories for motor vehicles |
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The classification
of economic activities used is CAE Revision 3, adopted on 14 November 2007,
which came to replace CAE Revision 2.1 |
|
All the amounts
are express in Euros, otherwise you will be advised |
|
Legal Form |
Private Limited Company |
|
|
|
Constitution |
04-09-2001 |
V.A.T. Number / NIF |
505516519 |
|
Employees |
5 |
Capital |
50.000,00 |
|
Sales in : 31-12-2010 |
1.356.079,81 |
Shareholders Funds in: 31-12-2010 |
323.956,52 |
|
Credit |
Recommended |
Credit Limit |
24.940,00 |
|
Condition |
Normal |
Tendency |
Stationary |
|
Financing |
Guaranteed |
Payments |
Good |
|
Actual Condition |
In activity |
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|
|
BRUNO MIGUEL PORTELA DE CARVALHO |
Managing-Partner |
|
HENRIQUE RODRIGUEZ LEIVA |
Manager |
|
CAIXA GERAL DE DEPOSITOS, SA |
Αgueda |
|
Registed on the Register Record Office of Oliveira de Frades with the
Register Number 505516519 in 27-12-2006 |
|
Constitution celebrated in 04-09-2001 published on Diαrio da Repϊblica
number 241 of 17-10-2001 |
|
To oblige the company it is necessary 1 signatures |
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In 17-09-2007 on Portal MJ of 24-09-2007 increase of capital Clique para ver detalhes
|
|
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In 27-12-2006 on Portal MJ of 02-01-2007 denomination change Clique para ver detalhes
|
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The Capital is 50.000,00 |
|
|
with the following distribution |
|
BRUNO MIGUEL PORTELA DE CARVALHO |
12.500,00 |
25% |
|
REVIPAL ESPANA SL |
37.500,00 |
75% |
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|
Name |
BRUNO MIGUEL PORTELA DE CARVALHO |
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Funtion |
Managing-Partner |
|
Address |
Rua da Quinta Nova, Serιm de Cima |
|
Locality |
AGUEDA |
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Civil State |
Married |
|
Consort |
Catarina Mafalda Carvalho S. Fonseca |
|
|
|
|
Name |
HENRIQUE RODRIGUEZ LEIVA |
|
Funtion |
Manager |
|
|
|
|
NAME |
REVIPAL ESPANA SL |
|
Funtion |
Partner |
|
Address |
Polνgno Industrial Las Hervencias, 19 - Αvila |
|
Locality |
Espanha |
|
Line of Business |
Percentage |
|
Import, export and wholesale and retail accessories for motor vehicles,
office supplies and other consumables,
and related services and training. |
100% |
|
|
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Type of Clients |
Private Companies |
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|
|
Sales Conditions |
Cash/credit |
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|
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Sales Area |
|
|
|
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Country |
100% |
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Total |
5 |
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Has head office Zona Industrial de Oliveira de Frades, Lote 21 , SOUTO
DE LAFOES, 3680-323, OLIVEIRA DE FRADES, Tel:232763109, Fax:232763110 |
|
Had head office Rua Quinta da Nora, Serιm de Cima , MACINHATA DO
VOUGA, 3750-000, AGUEDA |
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There are no of incidents on our database |
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Consulted sources say that the subject has been respecting its
payments and commercial commitments, so credit connections with this company
are recommended. |
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Balance Sheet SNC |
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CoinEURO |
|
Date31-12-2010 |
|
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Closing Date |
31-12-2010 |
31-12-2009 |
-- |
Variaηγo (%) |
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|||
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ASSET |
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|||
|
|
|
|
|
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Non-current assets |
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|||
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Tangible fixed assets |
406.307,04 |
379.686,68 |
|
7,01 |
|
Total |
406.307,04 |
379.686,68 |
|
7,01 |
|
|
|
|
|
|
|
Current assets |
|
|
||
|
Inventories |
251.544,61 |
244.705,35 |
|
2,79 |
|
Costumers |
281.257,64 |
190.470,28 |
|
47,66 |
|
State and other public entities |
5.078,05 |
10.954,55 |
|
(53,64) |
|
Other accounts receivable |
8.704,33 |
|
|
|
|
Deferrals |
1.310,82 |
644,81 |
|
103,29 |
|
Cashier and bank deposits |
27.680,65 |
25.017,75 |
|
10,64 |
|
Total |
575.576,10 |
471.792,74 |
|
22,00 |
|
TOTAL ASSET |
981.883,14 |
851.479,42 |
|
15,31 |
|
|
|
|
|
|
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SHAREHOLDERS FUNDS AND LIABILITIES |
|
|
||
|
|
|
|
|
|
|
SHAREHOLDERS FUNDS |
|
|
||
|
Capital |
50.000,00 |
50.000,00 |
|
|
|
Other shareholders funds instruments |
10.500,00 |
10.500,00 |
|
|
|
Legal reserves |
12.924,67 |
11.355,57 |
|
13,82 |
|
Other reserves |
143.139,11 |
119.476,29 |
|
19,81 |
|
Net retained |
26.098,44 |
26.298,45 |
|
(0,76) |
|
Other shareholders funds changes |
2.607,01 |
4.207,61 |
|
(38,04) |
|
Total |
245.269,23 |
221.837,92 |
|
10,56 |
|
Net income for the period |
78.687,29 |
25.031,91 |
|
214,35 |
|
TOTAL OF SHAREHOLDERS FUNDS |
323.956,52 |
246.869,83 |
|
31,23 |
|
|
|
|
|
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LIABILITY |
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||
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Non-current liiabilities |
|
|
||
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Financing obtained |
123.367,82 |
137.618,34 |
|
(10,36) |
|
Total |
123.367,82 |
137.618,34 |
|
(10,36) |
|
|
|
|
|
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Current liabilities |
|
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||
|
Suppliers |
229.155,40 |
232.532,95 |
|
(1,45) |
|
State and other public entities |
37.829,36 |
9.523,84 |
|
297,21 |
|
Shareholders/partners |
23.682,34 |
22.182,34 |
|
6,76 |
|
Financing obtained |
197.288,36 |
158.595,99 |
|
24,40 |
|
Other payable accounts |
46.603,34 |
44.156,13 |
|
5,54 |
|
Total |
534.558,80 |
466.991,25 |
|
14,47 |
|
TOTAL LIABILITIES |
657.926,62 |
604.609,59 |
|
8,82 |
|
TOTAL SHAREHOLDERS FUNDS AND LIABILITIES |
981.883,14 |
851.479,42 |
|
15,31 |
|
|
|
|
|
|
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INCOME STATEMENT |
|
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||
|
|
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INCOME AND EXPENSES |
|
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||
|
Sales and services |
1.356.079,81 |
1.053.739,49 |
|
28,69 |
|
Cost of goods sold and materials consumed |
845.019,01 |
746.783,06 |
|
13,15 |
|
Suppliers and external services |
132.987,53 |
94.587,56 |
|
40,60 |
|
Personnel costs |
205.260,14 |
118.385,96 |
|
73,38 |
|
Other income and gains |
34.625,65 |
50.741,72 |
|
(31,76) |
|
Other expenses and losses |
34.510,80 |
33.966,38 |
|
1,60 |
|
Result before depreciation, financing costs and taxes |
172.927,98 |
110.758,25 |
|
56,13 |
|
Expenses/reversals of depreciation and amortization |
64.260,13 |
64.086,57 |
|
0,27 |
|
Operating result (before financing costs and taxes) |
108.667,85 |
46.671,68 |
|
132,83 |
|
Interest and similar income obtained |
1.602,38 |
18,50 |
|
8.561,51 |
|
interest and similar expenses incurred |
13.983,49 |
17.450,90 |
|
(19,87) |
|
Net before taxes |
96.286,74 |
29.239,28 |
|
229,31 |
|
Income tax of the period |
17.599,45 |
4.207,37 |
|
318,30 |
|
Net profit for the period |
78.687,29 |
25.031,91 |
|
214,35 |
|
|
31-12-2009 |
|
|
Intangible Assets |
1.679,00 |
|
|
Tangible Assets |
379.686,00 |
|
|
Stocks |
244.705,00 |
|
|
Short Term Receivable |
338.683,00 |
|
|
Banks and Cash |
25.018,00 |
|
|
Accruals and Deferrals |
645,00 |
|
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Total Assets |
990.416,00 |
|
|
Shareholder's Funds |
250.491,00 |
|
|
Medium and Long Term Payable |
137.618,00 |
|
|
Short Term Payable |
581.473,00 |
|
|
Accruals and Deferrals |
20.834,00 |
|
|
Total Liabilities and Shareholder's Funds |
990.416,00 |
|
|
Cost of Goods and Consumable Materials |
746.783,00 |
|
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Outside Supplies and Services |
94.288,00 |
|
|
Personnel Costs |
112.236,00 |
|
|
Sales |
1.053.740,00 |
|
|
|
|
31-12-2008 |
31-12-2009 |
|
Net Sales |
|
685.111,00 |
1.053.740,00 |
|
Net Income For the Year |
|
10.663,00 |
31.382,00 |
|
Current Assets |
|
367.380,00 |
609.051,00 |
|
Short Term Payables |
|
371.007,00 |
581.473,00 |
|
Cash Flow |
|
(3.627,00) |
27.578,00 |
|
Total Assets |
|
757.915,00 |
990.416,00 |
|
Total Liabilities |
|
532.656,00 |
739.925,00 |
|
Shareholders Funds |
|
225.259,00 |
250.491,00 |
|
Personnel Costs |
|
115.555,00 |
112.236,00 |
|
|
31-12-2007 |
31-12-2008 |
31-12-2009 |
|
FINANCIAL SITUATION |
|
|
|
|
General Liquidity |
|
0,99 |
1,05 |
|
Immediate Liquidity |
|
0,63 |
0,63 |
|
Financial Autonomy |
|
0,30 |
0,25 |
|
Solvency |
|
0,42 |
0,34 |
|
RENTABILITY |
|
|
|
|
Sales Rentability |
|
1,56 % |
2,98 % |
|
Sales Rate Increase |
|
|
53,81 % |
|
EFFICIΚNCY |
|
|
|
|
Assets Turnover |
|
0,90 |
1,06 |
|
Balance Sheet |
||
|
CoinEURO |
|
Date31-12-2009 |
|
|
||
|
|
Gross Assets |
Depreciations /
Provisions |
Net Assets |
|
Intangible Assets |
|
Subtotal |
35.112,00 |
33.433,00 |
1.679,00 |
|
Tangible Assets |
|
Subtotal |
633.337,00 |
253.651,00 |
379.686,00 |
|
Stocks |
|
Subtotal |
244.705,00 |
|
244.705,00 |
|
Short Term Receivable |
|
Subtotal |
341.380,00 |
2.697,00 |
338.683,00 |
|
Bank Deposits and Cash |
|
Cash |
6.080,00 |
|
6.080,00 |
|
Bank Deposites |
18.938,00 |
|
18.938,00 |
|
Subtotal |
25.018,00 |
|
25.018,00 |
|
Accruals and Deferrals |
|
Deferred Cost |
645,00 |
|
645,00 |
|
Subtotal |
645,00 |
|
645,00 |
|
|
|
Total Assets |
1.280.197,00 |
289.781,00 |
990.416,00 |
|
Shareholders Funds and Liabilities |
|
Shareholders Funds |
|
Capital |
50.000,00 |
|
|
Treasury Stock: |
|
|
|
Other Sup. |
10.500,00 |
|
|
Reserves : |
|
|
|
Free |
130.832,00 |
|
|
Net Retained |
27.778,00 |
|
|
Net Income For the Year |
31.382,00 |
|
|
Total |
250.491,00 |
|
|
Short Term Payable |
|
Bank Loans |
156.097,00 |
|
|
Supliers Fixed Asset |
3.705,00 |
|
|
State and Other Public Bodies |
9.504,00 |
|
|
Other Creditors |
157.451,00 |
|
|
Trade Creditors |
232.533,00 |
|
|
Shareholders |
22.182,00 |
|
|
Subtotal |
581.473,00 |
|
|
Medium and Long Term Payable |
|
Bank Loans |
137.618,00 |
|
|
Subtotal |
137.618,00 |
|
|
Accruals and Deferrals |
|
Accrued Charges |
16.626,00 |
|
|
Diferred Income |
4.208,00 |
|
|
Subtotal |
20.834,00 |
|
|
TOTAL LIABILITIES |
739.925,00 |
|
|
TOTAL LIABILITIES AND SHAREHOLDERS FUNDS |
990.416,00 |
|
|
Income Statement |
|
Costs and Losses |
|
Cost of Materials Consumed and Goods Sold: |
|
|
|
Subtotal |
746.783,00 |
|
|
Outside Supplies and Services |
94.288,00 |
|
|
Personnel Costs |
|
|
|
Subtotal |
112.236,00 |
|
|
Depreciation |
64.187,00 |
|
|
Subtotal |
64.187,00 |
|
|
Other Operating Costs |
5.485,00 |
|
|
Int. and Similar Costs: |
|
|
|
Subtotal |
45.733,00 |
|
|
Ext. Costs and Losses |
199,00 |
|
|
Taxation Over Income |
4.207,00 |
|
|
Net Income For the Year |
31.382,00 |
|
|
Income and Profits |
|
Sales of : |
|
|
|
Products |
1.053.564,00 |
|
|
Services Provided |
176,00 |
|
|
Subtotal |
1.053.740,00 |
|
|
Other Operating Income and Gains |
23.279,00 |
|
|
Subtotal |
23.279,00 |
|
|
Trading Securities Income |
|
|
|
Int. and Similar Costs |
|
|
|
Other |
2.098,00 |
|
|
Extra Income and Gains |
25.383,00 |
|
|
Net Income For the Year |
31.382,00 |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.33 |
|
|
1 |
Rs.77.41 |
|
Euro |
1 |
Rs.64.84 |
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 SCs 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.