MIRA INFORM REPORT

 

Report Date :

13.07.2012

 

IDENTIFICATION DETAILS

 

Name :

LABORATORIO VENT 3 S.R.L.

 

 

Registered Office :

Juan J. Jufre 4820, Barrio Jose I. Diaz, III seccion, Cordoba, Province of Cordoba

 

 

Country :

Argentina

 

 

Date of Incorporation :

10.10.1989

 

 

Legal Form :

Liability Limited Company

 

 

Line of Business :

Processing and Marketing of Medical Products for Human Use.

 

 

No. of Employees :

30

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 10000

 

 

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 – September 30, 2011

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Argentina

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D


 

 

Registered Name   

 

LABORATORIO VENT 3 S.R.L.
C.U.I.T. Nº 30-63670738-0

 

 

Summary      

 

ACTIVITIES STARTED BY THE SUBJECT IN 1961 BY CARLOS DANTE VENTRE. FOLLOWER OF ACTIVITIES FROM 1989. NOT PROVIDED BALANCE SHEET. CONCEPT AND FULFILLMENT: WITHOUT OBJECTIONS UNTIL PRESENT DAY. FIT FOR MODERATE CREDITS, BY AMOUNTS OF HIGH IMPORTANCE
OPERATE WITH ADDITIONAL GUARANTEES.

 

 

Operations 

  

PROCESSING AND MARKETING OF MEDICAL PRODUCTS FOR HUMAN USE.

 

 

Legal Structure 

  

LEGAL FORM:              LIABILITY LIMITED COMPANY
CREATED:                    1989
REGISTERED RPC:      10.10.1989
DURATION:                   50 YEARS
END OF FISCAL YEAR: 31.12

 

 

Contact 

  

Legal and operative address: Juan J. Jufre 4820, Barrio Jose I. Diaz, III seccion, Cordoba, Province of Cordoba.

Phone: 0351.4972251/2955/6325

E-Mail: ventas@vent3.com.ar
             contabilidad@vent3.com.ar
Web:    www.vent3.com.ar 

 

 

Partners 

  

PARTNERS:
---------

        ADA MARIA FACCHIN
        NANCY ADA VENTRE
        MYRIAM NAZARIA CHAVARRIA

Using signature: In charge of the members Ventre and Chavarria individually and indistinct in character Managers.

 

 

History 

 

Of the inquiries that have been made, it appears that the activities referred to were initiated in the year 1961 by Mr. CHARLES DANTE VENTRE, who extended his performance proprietorship until 1989 that is formed as a successor to the comment society, which governs their actions by the above clauses.


Not registered to the company responsible for the development of other commercial activities.

 

 

Economic-Financial Position 

  

In our society dependencies agent was served by the Contadora Analia Pinilla, who showed that for determination of directory information is not given any accounting.


Of the inquiries made through third shows that it operates within a reasonable area of importance, without warn difficulties, admitting that gets results compensatory.

 

 

Assets 

  

Is assigned the possession of large property that affects the development of production and marketing operation, located at the address being reported, which by its building characteristics have an important value realization.

 

 

Commercial References Consulted 

  

> CARTOCOR S.A.

> SMURFIT KAPPA S.A.


Credits: 30/90 days.

Amounts variables.
Good concept.

 

Evolution and Results 

 

ts main purpose the preparation and marketing of proprietary medicinal products for human use.


It has adequate operational structure, being in charge of operations partners with whom they collaborate 30 employees.

Its products have been properly positioned in a highly competitive market and are sold throughout the country level.

Register include the following brands:


ASPIRINA VENT 3
CARDIOVENT3
HIDRACID
LA TIRA AZUL
NORVIKEN
STAR BRONZE
SUALVENT-3
VENT 3
VENT 3 PREVENTIVA
PARAMEN VENT 3

* 30 EMPLOYEES.

 

 

Payment Record and Credit Risk 

 

BANCO CREDICOOP
BANCO COMAFI
BANCO SANTANDER RIO

Branch Cordoba

INSURANCE:
----------

PREVENCION S.A.

CREDIT RISK MARCH OF 2012
-------------------------


BANCO CREDICOOP                $ 384.500    1
BANCO COMAFI                          267.000    1
BANCO SANTANDER                   160.600    1
BANCO CORDOBA                            800     1

SITUATION 1: NORMAL.

NOTE:
-----

On July 28, 2011, record the return of a check for defects in form, for $ 7,841.91. On September 8, 2009, having recorded the return of a bad check for $ 1.112.59.

In both cases, these situations were resolved immediately.

 

 

Concept 

  

At present there is no record of any negative kind, which might affect the concept of the company, and determined through inquiries made which properly addresses the commitments assumed.

* NOT OBJECTIONS.

 

 

Final Opinion 

 

It concludes that the treatment is feasible with this credit society, within moderate amounts of economic level under the conditions of practice.

In sums of greater economic level, it is advisable to request guarantees to ensure the normal recovery of capital exposed.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.70

UK Pound

1

Rs.86.28

Euro

1

Rs.68.15

 

INFORMATION DETAILS

 

Report Prepared by :

SDA

 

 

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.