MIRA INFORM REPORT

 

 

Report Date :           

02.03.2012

 

IDENTIFICATION DETAILS

 

Name :

MARMOLES Y PIEDRAS CARRARA SA

 

 

Registered Office :

Diagonal 19C BIS No. 34-42, Bogata

 

 

Country :

Colombia

 

 

Year of Establishment :

2005

 

 

Legal Form :

Sociedad Anonima

 

 

Line of Business :

The company wholesales marbles and stones for construction´s activity

 

 

No. of Employees :

45

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

USD 50 000.

Status :

Satisfactory

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Colombia

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

GEOPOLITICS

 

POLITICAL DATA

ECONOMIC DATA

Form of Government: Republic


Economic Risk: Normal

Currency: USD

Branch Situation: Stable

 

 

IDENTIFICATION

 

Legal Name:

MARMOLES Y PIEDRAS CARRARA SA

 

 

Legal Address

Diagonal 19C BIS No. 34-42, Bogata, Colombia

Operative Address

Diagonal 19C BIS No. 34-42, Bogata, Colombia

Telephone:

+1 (57) 244-3826

NIT: :

860079597

Fax:

+1 (57) 2443-826

Legal Form:

Sociedad Anonima

Email:

MPCARRARA@YAHOO.ES

Registered in:

Colombia

Website:

N/A

Date Created:

2005

Manager:

GUEVARA FIGUEREDO ALEXANDRA, Director

Date Incorporated:

N/A

Staff:

45 employees

Stock:

N/A

 

 

Value:

N/A

Activity:

The company wholesales marbles and stones.

 

 

BANKS

 

Name of the Bank

BANCOLOMBIA

 

 

BUSINESS

 

HISTORY

 

The company was created in 2005.

PRINCIPAL ACTIVITY

 

The company wholesales marbles and stones for construction´s activity.

Sales are:

 

Wholesale

Clients:

 

Constructors.

Operations area:

 

National

The company imports from Brasil, Spain, Italy, Japan

The subject employs 45 employee(s)

PAYMENTS

 

regular

LOCATION

Headquarters

 

Diagonal 19C BIS No. 34-42, Bogata, Colombia

Branches:

 

The company has 3 branches in Bogota and 1 in Cali.

 

- Toberin: 163 street, 21-51, Bogota

- Puente Piedra, Medellin highway, km 13.5, Bogota.

 

 

 

Shareholders - Manager - Related Companies

 

Listed at the stock exchange:

 

NO

Shareholders Parent Company(ies):

 

This is a privately held company owned by GUEVARA FIGUEREDO ALEXANDRA.

Management:

 

GUEVARA FIGUEREDO ALEXANDRA, Director

GUEVARA FIGUEREDO MIGUEL ANGEL, Director

LAURA BETHY POVEDA ROJAS, Tax Comptroller

SANDRA MILENA ZAFRA CARDENAS, Tax Comptroller

CESAR AUGUSTO ROA LEMUS, Accountant

 

 

 

Financials - COMMERCIAL TRENDS AND FORECAST

 

As a private company the subject does not publish any financial statements.

We have contacted Lady Peña Cañon, the assistant, who refused to provide us any financial data on grounds of confidentiality.

Comments on the financial data: The person interviewed refused to provide us any financial data.


Legal Fillings

 The sources consulted record no detrimental legal or labor court information.

 

 

Rating

 

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.

 

 

 Final Opinion

 

This is a medium size company, with around 45 employees.

 

Despite of having 7 years in business, the company counts with 4 branches.

 

The company is Active according to the Government of Colombia.

 

We estimate that the company can bear a line of credit of USD 50 000.

 



SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

Profitability

 

Public

NO

Indebtedness

N.A.

Payments

REGULAR

Cash

NORMAL

 

 

 

 

APPENDIX

 

Person Interviewed

 

Lady Peña Cañon.

Position

 

Assistant

Comments

 

The person interviewed gave us the following information:

 

- Creation date.

- Headquarters.

- Branches.

- Owner´s name.

- Number of employees.

- Products.

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.15

UK Pound

1

Rs.78.25

Euro

1

Rs.65.57

 

 

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.