MIRA INFORM REPORT

 

 

Report Date :           

29.02.2012

 

IDENTIFICATION DETAILS

 

Name :

J.D.   IMPORT EXPORT S.A.

 

 

Registered Office :

Golden Tabar 8 th floor,  office 802,  Ciudad del Este

 

 

Country :

Paraguay

 

 

Year of Establishment :

2001

 

 

Legal Form :

Corporation

 

 

Line of Business :

Import and marketing products wholesale hardware, tools and related items

 

 

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 :

Unknown

 

 

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Paraguay

b1

b1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Registered Name

 

J.D.   IMPORT EXPORT S.A.

 

RUC 80044113

 

 

Summary

 

COMPANY ESTABLISHED IN 2001,   IS  INITIATING THE ACTIVITIES  THAT IS,   THERE  IS A REFUSAL  TO PROVIDE  INFORMATION CLOSED,   WHAT  IS PROVIDED  IN THIS REVIEW IS A PRODUCT OF EFFORTS MADE  THROUGH THIRD PARTIES  IS NOT KNOWN  IN LOANS, IF INTERESTED IN DEALING WITH THIS COMPANY CREDIT IS RECOMMENDED TO OPERATE WITH CAUTION, REQUESTING IN ALL CASES THE ENDORSEMENTS TO ENSURE THE RETURN OF CAPITAL NORMAL EXPOSURE.

 

 

Operations

 

IMPORT AND MARKETING PRODUCTS WHOLESALE HARDWARE, TOOLS AND RELATED ITEMS.

 

 

Legal Structure

 

FORM LEGAL:              CORPORATION

INCORPORATED:          2001

REGISTERED RPC:       2001

DURATION:                   UNLIMITED

BALANCE:                    31.12

 

 

Contact

 

Mr.  Kondal Chandrasekhar Charge.

 

Registered office and main operating units:

Golden Tabar 8 th floor,  office 802,  Ciudad del Este,  Republic of Paraguay.

Tel 595 993269008 (cell) E.Mail: kondal24@hotmail.com

Building was originally based in Cosmopolitan,  dep. 603,  Ciudad del Este, Republic of Paraguay.


Sales office:

Gen. Santos Avenue 2048,  Asuncion,  Republic of Paraguay. Tel 595-21 3012 37

 

 

Partners

 

Legal representative: ANANDHALA CHANDRASEKHAR REDDY

Using signature:   It is the responsibility of antecitado

 

 

History

 

As appears from the findings that have been made,  the activities in question were initiated and implemented by this society, which governs their actions by legal clauses above.

 

It is worth mentioning that the domicile of the company our agent was attended by Mr. Kondal Chandrasekhar,  brother of the main responsible who was reluctant to provide data,   indicating that all information concerning the business is provided by Mr. ANANDHALA Chandrasekhar, who fixed domiciled in the Republic of India,  providing no other details.

 

 

Economic-Financial Position

 

Can not provide specific information about resources that are turning to exploitation,  but according to what is observed in its operating units, in commercial transactions do not exceed moderate levels.

 

The lack of more background information not possible to extend,   as the company is operating practically unknown as to credits and is entered in both square means of Argentina,  Brazil and Paraguay have updated information lending.

 

 

Assets

 

The business owner has no real estate agencies that own and affects the development of its operations are subject to location clauses.

 

 

Evolution and Results

 

It is dedicated to the import from China and India of hardware,  hand tools, power tools and stainless steel utensils.

 

Maintains operational headquarters in the direction of the sign, where it occupies offices of medium importance,  with a small tank with the front of operations    Mr. Kondal Chandrasekhar, with the collaboration of an employee.


It is not known in export operations and sales are limited to local order.

 

Concept

 

Since society is not known in credit operations,  you can not pass judgment on its implementation,   although it is noteworthy that no prosecutions recorded against him whatsoever.

 

IT IS NOT KNOWN IN OPERATIONS CREDIT TO YOUR NAME.

 

 

Final Opinion

 

The statement is all that can be reported about this society and considers that in case of interest reach the credit deal with it,   should act with caution, requiring in all cases the appropriate guarantees to ensure the recovery in

time and form of capital to yield.

 

IF INTERESTED IN DEALING WITH THIS COMPANY CREDIT TO OPERATE WITH SOLID DUE CAUTION AND ENDORSEMENTS.


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.14

UK Pound

1

Rs.77.86

Euro

1

Rs.66.06

 

 

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.