MIRA INFORM REPORT

 

 

Report Date :

12.07.2012

 

IDENTIFICATION DETAILS

 

Name :

GUABIFIOS PRODUTOS TÊXTEIS LTDA

 

 

Registered Office :

Rua Brusque, 1000 - Centro 88360-000 - Guabiruba/Sc

 

 

Country :

Brazil

 

 

Date of Incorporation :

20.07.2004

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesale of Textiles

 

 

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

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

 

GUABIFIOS PRODUTOS TÊXTEIS LTDA

 

 

ADDRESSES

 

MAIN ADDRESS:

RUA BRUSQUE, 1000 - CENTRO

ZIP CODE/CITY:

88360-000 - GUABIRUBA/SC

 

 

PHONE:

47 3354-0044

FAX:

47 3354-0044

E-MAIL:

luana@guabifios.com.br

WEB SITE:

www.guabifios.com.br

 

BRANCHES:

 

 

 

ADDRESS:

RUA AGOSTINHO DE OLIVEIRA, 60 - CENTRO

ZIP CODE/CITY:

89110-000 GASPAR/SC

CNPJ:

06.925.672/0002-75

STATE REGISTER:

254916350

 

 

ADDRESS:

RUA JOSE JULIO SCHUMACHER, 640 - CENTRO

ZIP CODE/CITY:

88360-000 GUABIRUBA/SC

CNPJ:

06.925.672/0003-56

STATE REGISTER:

255735413

 

 

LEGAL DATA

 

MAIN ACTIVITIES:

 

WHOLESALE OF TEXTILES.

 

LEGAL FORM:

LIMITED LIABILITY COMPANY

 

 

INCORPORATION DATE:

20/07/2004

REGISTER DATE:

20/07/2004

BALANCE SHEET FILING DATE:

31/12

TAX CONTRIBUTOR NUMBER(CNPJ):

06.925.672/0001-94

STATE REGISTER:

254.820.930

 

 

SHARE CAPITAL:

R$ 10.000.000,00

 

BOARD OF DIRECTORS:

 

 

 

JULIANO SCHUMACHER

MANAGING PARTNER

 

AUTHORIZED USE OF SIGNATURE

 

THE MANAGING PARTNER IS AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY.

 

SHAREHOLDERS / PARTNERS:

 

 

 

JULIANO SCHUMACHER

99%

FRANCINEI KORMANN

1%

 

AFFILIATES / SUBSIDIARIES:

 

 

 

ADMINISTRADORA DE BENS SCHUMACHER LTDA

 

 

 

COMPANY'S BACKGROUND

 

THE SUBJECT WAS ESTABLISHED ON JULY 20, 2004 TO BE ENGAGED IN THE SAID LINE OF BUSINESS AND UP TO DATE IT IS STILL OPERATING WITHIN THE GENERAL SCENE REPORTED HEREIN.

 

FURTHER DETAILS ARE SO FAR NOT KNOWN.

 

WHEN CONTACTING THE SUBJECT WE INTERVIEWED MISS. LUANA, 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$ 1,98

 - OFFICIAL RATE ON 02/07/2012

 

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:

 

 

   OWNED PREMISES ARE VALUED AT R$ 2.000.000,00

 

VEHICLES:

 

   NOT AVAILABLE

 

MACHINES:

 

   NOT AVAILABLE

 

 

INSURANCE

 

DOES NOT HAVE.

 

 

BANKING REFERENCES

 

 

BRANCH/PHONE:

 

BANCO DO BRASIL S/A

3420

 

CAIXA ECONÔMICA FEDERAL

0412

 

BANCO BRADESCO S/A

2656

 

 

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 WHOLESALE OF YARNS AND FIBRES.

 

IMPORT AND EXPORT:

 

   IMPORTS FROM:

NOT AVAILABLE.

 

   EXPORTS TO:

NOT AVAILABLE.

 

MAIN CLIENTS:

 

 

 

 

 

DOMESTIC CLIENTS:

 

 

BC INDUSTRIA E COMERCIO E REPRESENTAÇÕES DE MALHAS LTDA

 

 

BILELO COM DE CONFECÇOES LTDA

 

 

BY GUS MODA INFANTIL LTDA

 

 

JOVITEXTIL IND E COM LTDA

 

 

JUCA BENVENUTTI DALMOLIM

 

 

REIVAN MALHAS E CONFECÇÕES LTDA ME

 

 

SARGIAO IND E COM DE MALHAS

 

 

TEXTIL DALUTEX LTDA

 

 

 

STAFF:

 

   NOT AVAILABLE

 

 

CONCEPT AND FULFILMENT

 

THE SUBJECT IS A NEWLY ESTABLISHED COMPANY, OPERATING SINCE 2004. SO FAR IT HAS A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOR.

 

THE COMPANY HAS TRADE RELATIONS WITH SOME SUPPLIERS IN BRAZIL. THE SUPPLIERS EXTEND CREDIT FACILITIES TO THE SUBJECT IN TERMS AND AMOUNTS ACCORDING TO THE COMPANY'S NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE NOTED.

 

MAIN SUPPLIERS:

 

 

 

 

 

DOMESTIC SUPPLIERS:

 

 

BRASTEX S/A

 

 

CIA DE TECIDOS NORTE DE MINAS COTEMINAS

 

 

COCAMAR COOPERATIVA AGROINDUSTRIAL

 

 

FIOTEX INDUSTRIAL LTDA

 

 

MAEDA S/A AGROINDUTRIAL

 

 

 

PAYMENT HISTORY:

 

04 SUPPLIERS REPORTED PAYMENTS:

   TOTAL AMOUNT:  R$ 3.834.345,00

 

AMOUNT OF INVOICES PAID: 69

TOTAL OF PROMPT PAYMENTS: 100%

HIGHEST INVOICE: R$ 175.545,00

HIGHEST CREDIT: R$ 175.545,00

 

OUTSTANDING INVOICES DUE WITHIN THE NEXT 30 DAYS:

 

---------------------------

SUPPLIERS:

INVOICES:

TOTAL AMOUNT:

DUE WITHIN 30 DAYS

2

3

R$ 145.377,50

 

 

FINAL OPINION

 

THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS SINCE 2004. THE COMPANY KEEPS OPERATING NORMALLY SO FAR BUT IN THE ABSENCE OF FINANCIAL DATA WE CANNOT ACCESS ITS CURRENT FINANCIAL STANDING.

 

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.55.36

UK Pound

1

Rs.85.95

Euro

1

Rs.67.87

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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.