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Report Date : |
03.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
ROBEL DO BRASIL INDUSTRIA |
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|
|
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Registered Office : |
Rua Argirita,190 - Cidade Industrial Satelite De Sao Paulo 07231-020 - Guarulhos/Sp |
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Country : |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
22.01.1997 |
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|
|
Legal Form : |
Limited Liability Company |
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|
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Line of Business : |
Manufacture and Trade of Extrusion Machines and PVC Films. |
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No. of Employees : |
15 |
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 |
|
Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
|
Litigation : |
-- |
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 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
ROBEL DO BRASIL INDUSTRIA
E COMERCIO DE MAQUINAS LTDA
|
MAIN ADDRESS: |
RUA ARGIRITA,190 - CIDADE INDUSTRIAL SATELITE DE SAO PAULO |
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ZIP CODE/CITY: |
07231-020 - GUARULHOS/SP |
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PHONE: |
11 2487-6900 |
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FAX: |
11 2487-6900 |
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E-MAIL: |
financeiro@ro-bel.com |
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BRANCHES: |
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NOT AVAILABLE. |
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MAIN ACTIVITIES: |
|
MANUFACTURE AND TRADE OF EXTRUSION MACHINES AND PVC FILMS. |
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LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
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|
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INCORPORATION DATE: |
22/01/1997 |
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REGISTER DATE: |
24/02/1997 |
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BALANCE SHEET FILING DATE: |
31/12 |
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TAX CONTRIBUTOR NUMBER(CNPJ): |
01.766.750/0001-31 |
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STATE REGISTER: |
336.777.188.117 |
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|
|
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SHARE CAPITAL: |
R$ 361.180,00 |
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BOARD OF
DIRECTORS: |
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|
|
ANDREA ROCCON |
MANAGING PARTNER |
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THE MANAGING PARTNER IS AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
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SHAREHOLDERS /
PARTNERS: |
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|
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ROBEL SNC DI FLORIO ROCCON & C. |
R$ 247.500,00 |
|
FLORIO ROCCON |
RS 56.840,00 |
|
ANDREA ROCCON |
R$ 56.840,00 |
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AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
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NOT AVAILABLE. |
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THE SUBJECT WAS ESTABLISHED ON JANUARY 22, 1997 AS ROBEL DO BRASIL REPRESENTAÇÕES
E PARTICIPAÇÕES LTDA. TO BE ENGAGED IN THE SAID LINE OF BUSINESS. ON JUNE 18,
2008 IT ADOPTED THE ABOVE MENTIONED NAME AND UP TO DATE IT IS STILL OPERATING
WITHIN THE GENERAL SCENE REPORTED HEREIN. PARTNERS: ROBEL SNC DI FLORIO ROCCON & C.: HEADQUARTERED AT VENEGONO
SUPERIORE PROVINCIA DE VARESE IN SAN MARTINO Nº 4 ITALY, REGISTRATION # CNPJ:
05.712.036/0001-11. FLORIO ROCCON: ITALIAN, MARRIED, HOLDER OF DOCUMENTS CPF
227.070.828-80, PASSPORT 07207 A, RESIDENTIAL ADDRESS AT LOCATE VARESINO,
CITY COMO ITALY, VIA MONSIGNORE CASTIGLIONI Nº 19. ANDREA ROCCON: ITALIAN, MARRIED, HOLDER OF DOCUMENTS CPF
229.264.358-86, RGNE V404107-J DPMAF/SP, RESIDENTIAL ADDRESS AT ALAMEDA DAS
CASTANHEIRAS 63, ARUJA/SP. FURTHER DETAILS ARE SO FAR NOT KNOWN. |
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PUBLIC RECORDS
INFORMATION: |
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LAWSUITS: |
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DATE: |
COURT OF LAW: |
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1 |
FEDERAL LAWSUIT |
17/10/07 |
11º VARA DE FEDERAL/SP |
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GENERAL BALANCE SHEETS AS OF 31/12/2011 AND 31/12/2010. |
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( FIGURES ARE IN REAIS ). |
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ASSETS |
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|
|
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CURRENT: |
31/12/2011 |
31/12/2010 |
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|
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CASH AND CASH EQUIVALENTS |
83.759,00 |
382.720,30 |
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CLIENTS |
1.763.872,90 |
3.748.831,58 |
|
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GRANTED LOANS |
458.725,00 |
458.725,00 |
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ADVANCE TO SUPPLIERS |
497.973,46 |
611.791,84 |
|
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ADVANCE TO EMPLOYEES |
15.474,23 |
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|
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INVESTMENTS |
3.234.200,83 |
2.303.278,07 |
|
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RECOVERABLE TAXES |
317.279,99 |
390.202,15 |
|
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INVENTORY |
353.201,00 |
674.884,17 |
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PRE PAID EXPENSES |
2.061,36 |
3.959,51 |
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---------------- |
---------------- |
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TOTAL CURRENT ASSETS |
6.726.547,77 |
8.574.392,62 |
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FIXED ASSETS: |
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FIXED ASSETS |
554.248,28 |
255.987,31 |
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---------------- |
---------------- |
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TOTAL FIXED ASSETS |
554.248,28 |
255.987,31 |
|
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OFF-BALANCE
ACCOUNTS |
|
-7.516,63 |
|
|
|
================ |
================ |
|
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TOTAL ASSETS |
7.280.796,05 |
8.822.863,30 |
|
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LIABILITIES: |
|
|
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CURRENT: |
31/12/2011 |
31/12/2010 |
|
|
|
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SUPPLIERS |
539.357,46 |
492.126,36 |
|
|
LOANS AND FINANCING |
305.742,65 |
10.834,79 |
|
|
SOCIAL OBLIGATIONS |
80.923,99 |
72.920,65 |
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|
LABOR OBLIGATIONS |
6.949,99 |
10.882,93 |
|
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OTHER |
8.047,60 |
47.784,18 |
|
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ADVANCE FROM CLIENTS |
529.327,55 |
4.900.656,55 |
|
|
|
---------------- |
---------------- |
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TOTAL CURRENT LIABILITIES |
1.470.349,24 |
5.535.205,46 |
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NET EQUITY: |
|
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|
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|
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SHARE CAPITAL |
361.180,00 |
361.180,00 |
|
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PROFIT RESERVES |
2.880.351,17 |
2.985.934,47 |
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PROFIT SHARING |
-92.422,93 |
-51.940,00 |
|
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PROFIT (LOSS) OF PERIOD |
2.661.338,57 |
|
|
|
|
---------------- |
---------------- |
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TOTAL NET EQUITY |
5.810.446,81 |
3.295.174,47 |
|
|
OFF-BALANCE
ACCOUNTS |
|
-7.516,63 |
|
|
|
================ |
================ |
|
|
TOTAL LIABILITIES |
7.280.796,05 |
8.822.863,30 |
|
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PROFIT AND LOSS ACCOUNTS AS OF 31/12/2011 AND 31/12/2010. |
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( FIGURES ARE IN REAIS ). |
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|
31/12/2011 |
31/12/2010 |
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GROSS SALES |
6.173.464,02 |
5.127.156,02 |
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(-) TAXES ON SALES |
500.150,89 |
281.757,35 |
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---------------- |
---------------- |
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NET SALES |
5.673.313,13 |
4.845.398,67 |
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(-) COST OF SOLD GOODS |
2.403.741,04 |
2.569.432,44 |
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---------------- |
---------------- |
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GROSS PROFIT |
3.269.572,09 |
2.275.966,23 |
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OPERATING REVENUE (EXPENSE) |
-645.636,49 |
-180.451,46 |
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FINANCIAL REVENUE(EXPENSE) |
218.950,29 |
-130.686,30 |
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---------------- |
---------------- |
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OPERATIONAL PROFIT (LOSS) |
2.842.885,89 |
1.964.828,47 |
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CONTRIBUTION/INCOME TAX |
-181.547,32 |
-141.353,27 |
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|
|
---------------- |
---------------- |
|
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NET PROFIT (LOSS) |
2.661.338,57 |
1.823.475,20 |
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RATIOS: |
31/12/2011 |
31/12/2010 |
|
|
QUICK RATIO |
4,33 |
|
1,43 |
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|
|
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CURRENT RATIO |
4,57 |
|
1,55 |
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|
|
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ACCOUNTS RECEIVABLE TURNOVER |
3,22 |
TIMES |
1,29 |
TIMES |
|
|
|
DAYS' SALES IN RECEIVABLES |
111,93 |
DAYS |
278,53 |
DAYS |
|
|
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INVENTORY TURNOVER |
6,81 |
TIMES |
3,81 |
TIMES |
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|
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ACCOUNTS PAYABLE PERIOD |
80,78 |
DAYS |
68,95 |
DAYS |
|
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RETURN ON ASSETS |
,78 |
TIMES |
,55 |
TIMES |
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SALES TURNOVER ON NET EQUITY |
,98 |
TIMES |
1,47 |
TIMES |
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NET WORTH TIE-UP |
,10 |
|
,08 |
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INDEBTEDNESS |
,25 |
|
1,68 |
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EQUITY RATIO |
79,81 |
% |
37,35 |
% |
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WORKING CAPITAL RATIO |
357,48 |
% |
54,91 |
% |
|
|
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GENERAL SOLVENCY |
4,95 |
|
1,59 |
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RETURN ON NET EQUITY |
45,80 |
% |
55,34 |
% |
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RETURN ON SALES (PROFIT MARGIN) |
46,91 |
% |
37,63 |
% |
|
|
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GROSS PROFIT MARGIN |
57,63 |
% |
46,97 |
% |
|
|
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OPERATIONAL RESULT |
50,11 |
% |
40,55 |
% |
|
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SALES TURNOVER ON LIABILITIES |
3,86 |
TIMES |
,88 |
TIMES |
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FOREIGN CURRENCY ON ASSETS |
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FOREIGN CURRENCY ON LIABILITIES |
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EXCHANGE RATE: |
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US$ 1,00 = R$ 1,89 |
- OFFICIAL RATE ON 30/04/2012 |
|
US$ 1,00 = R$ 1,87 |
- OFFICIAL RATE ON 31/12/2011 |
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US$ 1,00 = R$ 1,66 |
- OFFICIAL RATE ON 31/12/2010 |
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COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE FIGURES AVAILABLE SHOW A GOOD FINANCIAL STANDING. IT SHOWS HIGH
LIQUIDITY RATIOS WITH POSITIVE WORKING CAPITAL AMOUNT AND LOW LEVEL OF
INDEBTEDNESS. IN ADDITION IT IS NOTED GROWING SALES AND HIGH PROFITABILITY. REMARK: THE 2011 FIGURES REFERS TO AN INTERIM BALANCE SHEET WHICH IS SUBJECT
TO CHANGES. |
|
REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$
245.000,00
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$
286.596,11
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS
ARE VALUED AT R$ 61.833,59
|
NOT AVAILABLE. |
|
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BRANCH/PHONE: |
|
|
BANCO DO BRASIL S/A |
3150 / 11 2412-5612 |
|
|
BANCO DO BRASIL S/A |
1558 / 11 2482-1160 |
|
|
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 NOT RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682
BRAZILIAN CENTRAL BANK"). |
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MANUFACTURE AND TRADE OF EXTRUSION MACHINES AND PVC FILMS. |
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IMPORT AND
EXPORT: |
IMPORTS FROM:
|
NOT AVAILABLE. |
EXPORTS TO:
|
NOT AVAILABLE. |
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MAIN CLIENTS: |
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|
|
|
|
|
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DOMESTIC
CLIENTS: |
|
|
|
NOT AVAILABLE. |
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STAFF: |
|
|
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THE COMPANY HAS: 15 EMPLOYEE(S) |
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THE SUBJECT IS A WELL-ESTABLISHED COMPANY, OPERATING SINCE 1997. SO
FAR IT HAS A CLEAR TRADE HISTORY AND NORMAL PAYMENT BEHAVIOUR. THE COMPANY HAS TRADE RELATIONS WITH SOME LOCAL SUPPLIERS BUT UP TO
DATE ONLY SMALL PAYMENTS WERE REPORTED AND THE SUBJECT IS NOT SAID TO BE USER
OF TRADE CREDIT FACILITIES. THE LAWSUIT REPORTED IS NOT RELATED WITH TRADE
DEBT. IT IS RELATED TO TAX DEBT THAT FOR ANY REASON THE COMPANY HAS NOT YET
PAID. NEVERTHELESS WE POINT OUT THAT THE SAID LAWSUIT DOES NOT AFFECT THE
COMPANY’S TRADE REPUTATION. |
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MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
|
PHONE: |
|
A CARNEVALLI & CIA LTDA |
|
11-2413-3811 |
|
A T I BRASIL ARTIGOS TECNICOS INDUSTRIAIS |
|
11-3577-5300 |
|
CARBOFOR IND.MECANICA LTDA |
|
11-5521-8964 |
|
IBRAM IND.BRASILEIRA DE MÁQUINAS LTDA |
|
11-2919-3966 |
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SANTANA REFRIGERAÇÃO E INSTRUMENTAÇÃO LTDA |
|
11-2423-5900 |
|
TIDLAND INDUSTRIAL DO BRASIL LTDA |
|
11-3959-0991 |
|
VOGES METALURGIA LTDA |
|
54-3026-3400 |
|
WEG EQUIPAMENTOS ELÉTRICOS S/A |
|
11-5053-2300 |
|
ZARA TRANSMISSOES MEC E
PRODUTOS QUIM. LTDA |
|
11-4397-7877 |
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PAYMENT HISTORY: |
|
3 SUPPLIERS REPORTED PAYMENTS: |
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TOTAL AMOUNT: R$ 5.750,00 |
|
|
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AMOUNT OF INVOICES PAID: 9 |
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TOTAL OF PROMPT PAYMENTS: 100% |
|
HIGHEST INVOICE: R$ 1.399,00 |
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS FOR SEVERAL
YEARS. UP TO DATE IT HAS A GOOD FINANCIAL STANDING AND CLEAR TRADE HISTORY. BASED ON THE GENERAL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD
TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN
TERMS AND AMOUNTS ADEQUATE TO THE COMPANY’S FINANCIAL STRENGTH. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.93 |
|
|
1 |
Rs.85.85 |
|
Euro |
1 |
Rs.69.94 |
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 |
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.