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Report Date : |
05.07.2012 |
IDENTIFICATION DETAILS
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Name : |
PERMAQUIM SAS |
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Registered Office : |
Carrera 49 N° 91-91 Barrio La Castellana Bogota |
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Country : |
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Date of Incorporation : |
19.04.1988 |
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Legal Form : |
Sociedad Por Acciones Simplificada |
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Line of Business : |
Manufacture of plastic forms |
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No. of Employees : |
70 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Colombia |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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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 |
GEOPOLITICS – COLOMBIA
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Republic
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Currency: 100.00 COP = 0.0563539 USD |
IDENTIFICATION
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Legal Name: |
PERMAQUIM SAS |
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Legal Address |
Carrera 49 N° 91-91 Barrio La Castellana Bogota Colombia. |
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Operative Address |
Carrera 49 N° 91-91 Barrio La Castellana Bogota Colombia. |
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Telephone: |
+57 (1) 256 1329 |
NIT : |
800034626-9 |
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Fax: |
+57 (1) 256 1329 |
Legal Form: |
SOCIEDAD POR ACCIONES SIMPLIFICADA |
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Email: |
servicio.cliente@permaquim.com.co |
Registered in: |
Colombia |
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Website: |
www.permaquim.com.co |
Date Created: |
1988 |
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Manager: |
LUIS HERNAN ARIZA SANCHEZ, Legal representative |
Date Incorporated: |
April 19th, 1988 |
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Staff: |
70 |
Stock: |
NA |
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Value: |
NA |
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Activity: |
Manufacture of plastic forms. |
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BANKS
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Name of the Bank |
Bancolombia |
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Name of the Bank |
Banco De Occidente |
BUSINESS
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HISTORY |
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This company was created in the year 1988. |
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PRINCIPAL ACTIVITY |
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The structure is engaged in the manufacture and distribution of
plastic basic forms. It also imports and sells pearl pigments, aluminum, dyes,
cosmetics and raw materials for personal care. The company provides technical advice and comprehensive service with a
team of trained, committed and focused to meet the needs of its clients. |
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Products/Services description: |
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Glass and plastic packaging Minerals chemical industry Personal care products medicines |
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Sales are: |
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Wholesale |
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Clients: |
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Cosmetic industries such as: Smart Laboratories Cosmeticos Marylin Bardot Belcorp Among other various industries in general. |
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Operations area: |
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National, Local |
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The company imports from |
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The company exports to Ecuador |
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Trade References: |
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1)Sun Chemical Corporation 35 Waterview Boulevard Parsippany, NJ 07054-1285 United States of
America Phone: + 1 973 404 6000 We only got an answering machine. 3) Johnson Matthey Inc 12600 Universal Drive Taylor MI 48180 USA Phone: +1 (734) 946-4321 The person contacted asked us to leave a message as she didn't have
time to take our call. |
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The subject employs 70 employee(s) |
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PAYMENTS |
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made on a 60 days basis - monitored over the last 12 months |
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LOCATION |
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Headquarters |
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The company is headquartered at Carrera 49 N° 91-91 Barrio La
Castellana Bogota Colombia. |
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Branches: |
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The structure has an additional branch in Bogota. The exact address was not provided per security purposes. |
Shareholders - Manager - Related Companies
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Shareholders Parent Company(ies): |
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This is a privately held company. Despite our long searches it has not
been possible to identify the shareholders. |
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Management: |
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LUIS HERNAN ARIZA SANCHEZ, Legal representative HECTOR SANDOVAL GAVIRIA, Tax auditoy MARTHA LUCIA LEON PINZON, Accountant July Paez, Collections Analyst. |
Financials - COMMERCIAL TRENDS AND FORECAST
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As a private company the subject does not publish any financial
statements. |
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We have contacted July Lopez, Collections Analyst who provided us with
the following data: |
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Currency |
DATE |
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COP |
2011 |
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Turnover |
15,000,000,000 |
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The cash flow is |
Normal |
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Comments on the financial data: The financial
information given during the interview refers to an estimate revenue. |
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Legal Fillings |
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The sources consulted record no
detrimental legal or labor court information. |
Rating
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Local credit bureau gave a correct credit rate. The company is in Good Standing. This means that all local and federal
taxes were paid on due date. |
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Final Opinion |
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PERMAQUIM SAS is an established company with 24 years of experience
and a staff of 70 employees being considered a medium sized company. The structure owns the ISO 9001:2008 certification, having this way
the advantage to evolve as a trustable exporter. There were no legal filings found against the company or its legal
representative. Based on the estimate revenue provided by the company, the income per
employee is correct for its size. In addition, payments are made on a regular basis and the cash flow is
normal. Therefore, considering the company’s features. |
SUMMARY
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Profitability |
N.A. |
Public |
NO |
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Indebtedness |
N.A. |
Payments |
REGULAR |
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Cash |
NORMAL |
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APPENDIX
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Person Interviewed |
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July Paez |
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Position |
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Collections Analyst. |
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Comments |
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She kindly provided us with the following information: Staff Banks that they work with Payment trend Name of their suppliers for trade references Estimate revenue for 2011 in COP Year of creation NIT number She also confirmed the company's headquarters and stated they had an
additional branch in Bogota but she refused to provide us the exact address
on grounds of confidentiality. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.54.55 |
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|
1 |
Rs.85.48 |
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Euro |
1 |
Rs.68.70 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.