|
Report Date : |
23.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
ACEROS BRAVO LIMITADA |
|
|
|
|
Registered Office : |
Juliet 2350 - Independencia Santiago XIII Region Metropolitana |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
26.08.2009 |
|
|
|
|
Legal Form : |
Limited Liability
Partnership |
|
|
|
|
Line of Business : |
Import of special steels and tools for the industry in general. |
|
|
|
|
No. of Employees : |
14 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
No Complaints |
|
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) |
|
|
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
ACEROS BRAVO LIMITADA
( ACEROS BRAVO LTDA. )
Juliet 2350 - Independencia
Santiago
XIII Region Metropolitana
CHILE
Telephone :
56-2-7357585, 56-2-7358869
Fax : 56-2-7357759
E_Mail :
mbravo@acerosbravo.cl, rbravo@acerosbravo.cl
Web Site :
www.acerosbravo.cl
Postal Code : 8390355
SUMMARY
Started
: 2009
Total
Employees
: 14
Payments : Prompt
Capital :
000's$ 30.000.-
Sic(s) 3299 - 5051
Line of Business: Import of special steel and tools for the industry in
general.
EVALUATION
Interpretation at the end of the report.
Credit Recommendation
000's Pesos
000's US$ dollars 000's Euros
Conservative value :
13.650
28
21
If additional information is received or present information is rectified, this
recommendation may be modified.
Financial
indicators
Financial statements could not be obtained, thus financial analysis can not be
carried out
COMMERCIAL INFORMATION
Commercial Bulletin : As at 21/06/2012 subject
does not register protested
checks, bank drafts nor
promissory notes in the
commercial information bulletin
Labor Bulletin : As at 21/06/2012 does not register labor
infringements
Previsional Bulletin :
As at 21/06/2012 does not register pension fund's
infringements
Consolidated delinquency : As at 21/06/2012, subject does not register any
delinquent bill
TRADE REFERENCES
Suppliers' trade references are supplied as follows:
Detail of
References
Old : New
Last purchase : 03-2012
Terms : 45 days
Payment : Prompt
Notes : order form
Credit : (000'sUS$) 20.000
Owes : -
Due : Does
not Register
Paying Comments: Good
Old : 2 years
Last purchase : 03-2012
Terms : 45 days
Payment : Prompt
Notes : order form
Credit : -
Owes : -
Due : Does
not Register
Paying Comments: Good
Detail of Former Trade References
--------------------------------------------------------------------------------
Last
Credit Owes
Old Purch. Payment.
Notes
(000'sUS$) (000'sUS$)
--------------------------------------------------------------------------------
1 year 01-11 Prompt
invoice
50.000
-
1 year 03-12 Prompt
checks
500.000
-
New 06-10
New
checks
2.000 1.151.904
During the last 6
months, the account holder credit history shows 8 credit
review inquiries requested by financial institutions, telecommunications
companies.
The account holder credit report reflects no delinquent payment history, no
protests, and no social security and/or work infringements as of the date
of this report.
AVERAGE PAYMENTS IN
International Risk and Payment Review reported in June 2011
The local delays in payment average 0-1 month.
BANKS
Subject operates with the following banks:
- Banco de Chile
- Banco de Credito e Inversiones
- Banco Santander
OPERATIONS
Line of Business : Import of special steels and tools for the industry in
general.
Classification according to commercial activity:
Sic: 3299-0000 Nonmetallic mineral products, not elsewhere classified
Sic: 5051-0000 Metals service centers and offices
-0216 Steel
The company is considered as SMBS - small and medium business, strong
competition
Sales
Sales are steady throughout the year
100% retailers
National sales territory
Products are sold
National: 100%.
Sales conditions: 10% cash, 90% term payments to 30, 45 & 60 days with
invoices.
Average monthly purchase $ 100.000.000 net + vat 2011
Average monthly purchase $130.000.000 net + vat 2012
Customers
Main customers are: Metallurgical industry, mining companies and
fishing
companies.
Purchases
Places orders with multiple suppliers
National: 10%
Purchase conditions: 10% cash and 90% term payments to 30, 45 & 60
days with
invoices.
International: 90%
Purchase conditions: Cash in advance.
Imports from
of Imports obtained from Customs'National Service
Country
%last year %Accum.
-------------------------------------------------------
Spain
46,80 0,00
China
38,21 0,00
Turkey
9,84 0,00
Belgium
2,61 0,00
Brazil
2,55 0,00
Historical
registries
Total 2011 = 000's$ 781.412
Total 2009 = 000's$ 0
Main suppliers
- Kupper Hermanos S.A
- Multiaceros S.A.
- Prodalam S.A.
- Sack S.A., Salomon
- Sandvik Chile S.A.
- Sociedad Nacional Metalurgica Ltda.
- ThyssenKrupp Aceros y Servicios S.A.
Employees: 14 employees
Location
- Management offices at Juliet 2350 Independencia Santiago, Chile,
commercial
area, secondary street of normal traffic, construction in good
conditions
Branches
Subject does not have any branch
RELATED COMPANIES
Subject does not have any related company.
FIXED ASSETS
Real estates
Subject does not register real estates
Vehicles
Owns vehicles for the company's use
1 truck Hyundai 2009(4.500 KG) and 1 station wagon Great 2009
Machinery & Instalations
Own modern equipment
- 4 cutting machines , 1 crane , installations and other necessary
elements .
INSURANCES
Through
INTER SEG GENER (facilities)
ADMINISTRATION
General Mgr. & Partner : Heriberto Mario Bravo Villa
TAX:6213034-2
Commercial Assistant : Rodrigo Antonio Bravo Pavéz
and partner
LEGAL INFORMATION
Legal Structure :
Limited Liability Partnership
Constitution date :
26/08/2009
Notary
: Armando
Arancibia Calderón, Santiago
Term of duration :
5 Year automatically renewable for equal and successive
periods
Legal Address : Santiago-Chile
Published in : Official Gazette dated 05/09/2009
page Nş 37
Current Social Capital: 000's$ 30.000.-
Social Initial Capital: 000's$ 30.000.-
Partner : 3
- 88,00% Heriberto Mario Bravo Villa
- 10,00% René Osvaldo Bizama Bravo
- 2,00% Rodrigo Antonio Bravo Pavéz
Administration is held by General Manager.
INFORMATION SOURCES
Mr. Heriberto Mario Bravo Villa, General Mgr. & Partner,
submitted the data shown in this report.
-Other outside information sources.
Exchange rate
-As at 02/04/2012 $487,44 Per US$
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.99 |
|
|
1 |
Rs.88.97 |
|
Euro |
1 |
Rs.71.57 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.