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Report Date : |
22.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
PHARMAFOIL |
|
|
|
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Registered Office : |
Street 36 (Zoilo Canton) No 4405 Villa Lynch, Buenos Aires. |
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Country : |
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|
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Financials (as on) : |
31.10.2010 |
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Date of Incorporation : |
05.07.2001 |
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|
|
|
Legal Form : |
Corporation |
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|
|
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Line of Business : |
Flexographic
Printing |
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|
|
|
No. of Employees : |
24 |
RATING & COMMENTS
|
MIRAs Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
$ 45,713 |
|
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 September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
|
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
PHARMAFOIL
CUIT N° 30-70776956-0
ESTABLISHED IN
2001, IS INITIATING OF WORK THAT IS CAPITAL $ 12,000.
-
10/31/2010
FINANCIAL RESULTS AND OBTAINING
REASONABLE, THIS SHOW TO
YEAR 2011, THE
RETURN OF RECORD CHECKS, BUSINESS CONCEPT ARE QUESTIONED
IN THE
FIELD OF CREDIT
IS SUITABLE RESTRAINT AND PROPER APPLICATION OF
GUARANTEES.
FLEXOGRAPHIC PRINTING
LEGAL FORM: CORPORATION
INCORPORATED: 05/07/2001
Registered RPC: 14/09/2001
DURATION: 99
YEARS
BALANCE: 31-10
Registered office and operational:
Street 36 (Zoilo Canton) No 4405
Villa Lynch,
Tel 4713.6800
E.Mail: planificacion@pharmafoil.com.ar
Registered office:
Av.Marcelo T.
Alvear 1270 9 B, City of
PRESIDENT: JUAN CARLOS MAS
ALTERNATE
DIRECTOR: DANIEL
Using
signature: It is the responsibility of
the President.
COMMON STOCK:
Subscribed and paid in $ 12,000.
JUAN CARLOS MAS
native of
DANIEL
native of
It has been determined through investigations that have been made
that the activities in question were initiated and implemented by this society,
which is governed by legal clauses above.
It was incorporated by public deed of 5 July 2001, having
attended their
formalization the following: MARIA RODRIGUEZ and MARIA EUGENIA
HERMINIA MAS.
According to the respective status, is entitled to the deserrollo of the
following procedures:
MERCHANTABILITY, DISTRIBNUCION, IMPORT, EXPORT, MANUFACTURE
OF PRODUCTS
TREATMENTS N
LACQUERED, varnishing, laminating,
PRINTING OR OTHER FLEXIBLE MATERIAL
TREATMENT. MANUFACTURE AND
DISTRIBUTION OF PROMOTIONAL PRODUCTS IN GENERAL. EXERCISE CAN REPRESENTATIONS, ROYALTIES,
FEES, OFFICERS, AGENTS OF
BUSINESS MANAGEMENT AND ADMINISTRATION OF GOODS AND RELATED
COMPANIES AND UP TO
THE CORPORATE PURPOSE.
GENERAL STRUCTURE
OF THE BALANCE CLOSED FOR THE COMPANY
31.10.2010, LAST KNOWN TO THE PRESENT.
CURRENT ASSETS ............................ $1,502,443.77
NON-CURRENT ASSETS ........................ $
537,067.35
CURRENT LIABILITIES ........................... $
794,651.20
LIABILITIES ............................................ $
330,590.40
EQUITY ................................................. $
914,269.52
NET SALES ........................................ $7,054,306.76
FINAL INCOME ...................................... $
357,898.70
The figures show normal position expressed economic /
financial and obtaining a reasonable profit.
|
Balance Sheet/s |
|
31/10/2010 |
|
31/10/2009 |
|
Total Assets |
$ |
2.039.511,12 |
$ |
1. 722 . 156, 73 |
|
Current Assets |
$ |
1 . 502.443, 77 |
$ |
1.116.968,25 |
|
Banks |
|
$ 280.001,33 |
|
$ 78.543,88 |
|
Accounts
Receivables |
|
$ 950.747,99 |
|
$ 261.419,62 |
|
Inventory |
|
$ 192.591,24 |
|
$ 367.179,39 |
|
Fixed Assets |
|
$ 537.067,35 |
|
$ 605.188,48 |
|
Non-Current
Assets |
|
$ 537.067,35 |
|
$ 605.188,48 |
|
Investments |
|
$ 0,00 |
|
$ 0,00 |
|
Total
Liabilities |
$ |
1. 125.241, 60 |
$ |
1.015.785,91 |
|
Current Liabilities |
|
$ 794.651,20 |
|
$ 929.988,21 |
|
Non-Current
Liabilities |
|
$ 330.590,40 |
|
$ 85.797,70 |
|
StockHolders
Equity |
|
$ 914.269,52 |
|
$ 706.370,82 |
|
Net Sales |
$ |
7.054.306,76 |
$ |
5.022.646,59 |
|
Cost of Good
Sold |
$ |
5.845.242,38 |
$ |
4.189.275,06 |
|
Gross Result |
$ |
1.209.064,38 |
|
$ 833.371,53 |
|
Administrative
Expenses |
|
$ 668.138,26 |
|
$ 465.208,90 |
|
Selling
Expenses |
|
$ 232.418,20 |
|
$ 284.002,27 |
|
Financial
Income |
|
$ 0,00 |
|
$ 0,00 |
|
Other Expenses |
|
$ 49.390,78 |
|
$ 119.412,08 |
|
Final Result |
|
$ 357.898,70 |
|
$ 203.572,44 |
|
Indexes |
31/10/2010 |
31/10/2009 |
||
|
Current Ratio |
189,07 |
% |
120,11 |
% |
|
Quick Ratio |
164,83 |
% |
80,62 |
% |
|
Short Term
Indebtedness |
86,92 |
% |
131,66 |
% |
|
Debt to Equity
Ratio |
123,08 |
% |
143,80 |
% |
|
Long Term
Assets to Total Assets |
26,33 |
% |
35,14 |
% |
|
Fixed Assets to
Equity |
58,74 |
% |
85,68 |
% |
|
Total Assets to
Total Liabilities |
181,25 |
% |
169,54 |
% |
|
Debt Ratio |
55,17 |
% |
58,98 |
% |
|
Equity Ratio |
44,83 |
% |
41,02 |
% |
|
Investments to
Assets Ratio |
9,44 |
% |
21,32 |
% |
|
Current
Investment |
73,67 |
% |
64,86 |
% |
|
Stocks Aging
Days |
12,03 dias |
31,99 dias |
||
|
Day Sales |
49,19 dias |
19,00 dias |
||
|
Trade Debtors
To Assets |
46,62 |
% |
15,18 |
% |
|
Total Assets
Turnover |
345,88 |
% |
291,65 |
% |
|
Net Worth Aging |
771,58 |
% |
711,05 |
% |
|
Fixed Assets
Aging |
1.313,49 |
% |
829,93 |
% |
|
Gross Profit |
82,86 |
% |
83,41 |
% |
|
Financial
Expenses on Sales Ratio |
0,00 |
% |
0,00 |
% |
|
Commercial
Exp. on Sales Ratio |
3,29 |
% |
5,65 |
% |
|
Administrative
Exp. on Sales Ratio |
9,47 |
% |
9,26 |
% |
Net amount $ 537,067.35. -
Applies to machines,
facilities and related items.
The company has
no property and the establishment where seats its operating units is subject to
clauses location.
ENVASES DEL PLATA S.A.
TRATITAN S.A.
HUECKFOLIEN S.A.
In these various
credit providers to get payments to 30 and 60 days, which serves as reported in
reasonable terms.
This society is dedicated to the development of the
activities mentioned above, having made appropriate operational structure, in which 24 employees play in the care of
diferebntes tasks
He has managed to
form a good client base in the national and tend to make exports to Nicaragua
and Ecuador.
Who were
consulted agree that the actions of the company until this has been expressed
in normal and prospects are generally stable.
* 24 EMPLOYEES
BUENOS AIRES CITY BANK
Branch San Martin
BANK CREDICOOP
Branch Villa Lynch
INSURANCE:
LIBERTY Inc.
CREDIT RISK
JANUARY 2012
BANCO CIUDAD $ 269.800 1
BANCO CREDICOOP $ 202.000 1
SITUATION 1 : NORMAL COMPLIANCE
CHECKS:
The company register the following in the course of 2011
16.11 .. $ 49, 245.91
17.11 .. $ 53,118.00
21.11 .. $ 53,119.89
21.11 .. $ 47, 522.25
29.11 .. $ 50, 000.00
30.11
.. $ 14,
704.14
05.11
.. $ 50,
000.00
These checks were subsequently raised, paying the fine in question.
At present the above does not affect the commercial concept
of society.
At present the
business concept of our informed is not questioned, and checks made recently emerged that meets
the obligations assumed within deadlines which can be described as normal.
* THIS
IS THE WELL QUALIFIED.
The statement is all that can be reported about this society
and considers possible loan with the same treatment, although it is advisable to act with
moderation and the request for guarantees.
* SUITABLE FOR CREDIT MODERATE TO
GUARANTEES.
JMC /
Maximum Credit
Limit : $ 45,713
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.59 |
|
|
1 |
Rs.80.34 |
|
Euro |
1 |
Rs.67.14 |
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 SCs 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.