|
Report Date : |
12.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
TENSAO-COMERCIO |
|
|
|
|
Registered Office : |
Quinta Varzinha, Lote 2 - Terras Do Cruzeiro 2904-524-Setubal |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
12.04.1985 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Wholesale of electronic equipment, telecommunications and parts |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
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 March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Portugal |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Name |
TENSAO-COMERCIO E INDUSTRIA DE MATERIAL ELECTRICO E MECANICO LDA |
V.A.T. Number / NIF |
501589660 |
||
|
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|||
|
Address |
Quinta Varzinha, Lote 2 - Terras do Cruzeiro |
|
|
||
|
Locality |
SETUBAL |
Postal Code |
2904-524-SETUBAL |
||
|
Municipality |
SETUBAL |
District |
SETUBAL |
||
|
Telephone |
265529590 |
|
|
||
|
Fax |
265572657 |
|
|
||
|
E-Mail |
geral@tensao.pt |
|
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||
|
Web Site |
www.tensao.pt |
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||
|
C.A.E.(Rev 3) |
46520- Wholesale of electronic equipment, telecommunications and parts
|
|
|
||
|
Legal Form |
Private Limited Company |
|
|
|
Constitution |
12-04-1985 |
V.A.T. Number / NIF |
501589660 |
|
Capital |
2.190.000,00 |
|
|
|
Sales in : 31-12-2010 |
5.543.271,93 |
Shareholders Funds in: 31-12-2010 |
4.626.427,59 |
|
Condition |
Normal |
Tendency |
Stationary |
|
Financing |
Guaranteed |
Payments |
Good |
|
Actual Condition |
In activity |
|
|
|
The classification
of economic activities used is CAE Revision 3, adopted on 14 November 2007,
which came to replace CAE Revision 2.1 |
|
All the amounts
are express in Euros, otherwise you will be advised |
|
PEDRO MANUEL BARRETO DA CRUZ ROBIN DE ANDRADE |
Managing-Partner |
|
JOSE HENRIQUE BAPTISTA CORREIA |
Managing-Partner |
|
JOSE RATINHO COELHO |
Managing-Partner |
|
BANCO ESPIRITO SANTO, SA |
Setϊbal |
|
CAIXA GERAL DE DEPOSITOS, SA |
Setϊbal |
|
Registed on the Register Record Office of Setubal with the Register
Number 501589660 previous number 1759 in 02-04-1986 |
|
Constitution celebrated in 12-04-1985 published on Diαrio da Repϊblica
of 21-05-1985 |
|
To oblige the company it is necessary 1 signatures |
|
In 09-12-2005 on Diαrio da Repϊblica number 93 of 15-05-2006 increase
of capital Clique
para ver detalhes
|
|
|
In 25-02-1998 on Diαrio da Repϊblica number 87 of 12-04-2000 increase
of capital Clique
para ver detalhes
|
|
|
In 25-11-1987 on Diαrio da Repϊblica number 300 of 31-12-1987 denomination
change Clique para
ver detalhes
|
|
|
on Diαrio da Repϊblica number 140 of 17-06-1993 social change |
|
The Capital is 2.190.000,00 |
|
|
with the following distribution |
|
PEDRO MANUEL BARRETO DA CRUZ ROBIN DE ANDRADE |
730.000,00 |
33,333% |
|
JOSE HENRIQUE BAPTISTA CORREIA |
730.000,00 |
33,333% |
|
JOSE RATINHO COELHO |
730.000,00 |
33,333% |
|
|
|
|
Name |
PEDRO MANUEL BARRETO DA CRUZ ROBIN DE ANDRADE |
|
Funtion |
Managing-Partner |
|
Address |
Rua Cidade de Leiria, nΊ 2, 3Ί DtΊ |
|
Locality |
SETUBAL |
|
Civil State |
Married |
|
Consort |
Custσdia Filomena do Nascimento Nunes Robin de Andrade |
|
Professional Connections |
The subject has connections with the following company (ies) |
|
|
TELADE-ELECTRICIDADE E TELECOMUNICACOES LDA as Partner with a participation
of 37.800,00 , in a capital of 210.000,00 . |
|
|
A CASINHA DA PENO-MATERIAL DIDACTICO LDA as Managing-Partner with a
participation of 2.500,00 , in a capital of 10.000,00 . |
|
|
RIGHT FOOT LDA as Managing-Partner with a participation of 8.925,25 ,
in a capital of 35.001,00 . |
|
|
|
|
Name |
JOSE HENRIQUE BAPTISTA CORREIA |
|
Funtion |
Managing-Partner |
|
Address |
Urbanizaηγo Golf do Montado, Lote 26 |
|
Locality |
ALGERUZ |
|
Civil State |
Married |
|
Consort |
Ana Bela Cajuda Lopes Correia |
|
Professional Connections |
The subject has connections with the following company (ies) |
|
|
TELADE-ELECTRICIDADE E TELECOMUNICACOES LDA as Partner with a
participation of 37.800,00 , in a capital of 210.000,00 . |
|
|
A CASINHA DA PENO-MATERIAL DIDACTICO LDA as Managing-Partner with a
participation of 2.500,00 , in a capital of 10.000,00 . |
|
|
RIGHT FOOT LDA as Managing-Partner with a participation of 8.925,25 ,
in a capital of 35.001,00 . |
|
|
|
|
Name |
JOSE RATINHO COELHO |
|
Funtion |
Managing-Partner |
|
Professional Connections |
The subject has connections with the following company (ies) |
|
|
TELADE-ELECTRICIDADE E TELECOMUNICACOES LDA as Partner with a participation
of 37.800,00 , in a capital of 210.000,00 . |
|
Line of Business |
Percentage |
|
Marketing materials and equipment for energy and
telecommunications-based standards of quality, reliability and security. |
100% |
|
|
|
Type of Clients |
Private Companies |
|
|
|
Sales Conditions |
Cash/credit |
|
|
|
3M Portugal |
|
AMP |
|
Band-It |
|
Biax |
|
CBS |
|
Claved |
|
Courant |
|
Dulmison |
|
Elematic |
|
First forever |
|
Fleximark |
|
Global Resins |
|
Prysmian |
|
VIDROPOL |
|
Had installations Travessa do Cruzeiro, Quinta Varzinha, Lote 2,
SETUBAL, 2900-720, SETUBAL |
|
Had head office Rua da Encosta, 10, NOSSA SENHORA DA ANUNCIADA,
2900-000, SETUBAL |
|
Head office and installations Quinta Varzinha, Lote 2 - Terras do
Cruzeiro, SETUBAL, 2904-524, SETUBAL, Tel:265529590, Fax:265572657 |
|
There are no of incidents on our database |
|
Consulted sources say that the subject has been respecting its
payments and commercial commitments, so credit connections with this company
are recommended. |
|
Balance Sheet SNC |
||
|
CoinEURO |
|
Date31-12-2010 |
|
|
||
|
Closing Date |
31-12-2010 |
31-12-2009 |
-- |
Variaηγo (%) |
|
|
|
|||
|
ASSET |
|
|||
|
|
|
|
|
|
|
Non-current assets |
|
|||
|
Tangible fixed assets |
635.400,70 |
471.066,59 |
|
34,89 |
|
Total |
635.400,70 |
471.066,59 |
|
34,89 |
|
|
|
|
|
|
|
Current assets |
|
|
||
|
Inventories |
366.014,11 |
212.280,30 |
|
72,42 |
|
Costumers |
3.301.940,53 |
3.728.251,84 |
|
(11,43) |
|
Advances to suppliers |
7.277,65 |
23.934,20 |
|
(69,59) |
|
State and other public entities |
11.480,98 |
36.957,65 |
|
(68,93) |
|
Other accounts receivable |
540.613,65 |
542.506,54 |
|
(0,35) |
|
Deferrals |
7.062,29 |
8.068,06 |
|
(12,47) |
|
Cashier and bank deposits |
1.448.041,28 |
1.308.943,56 |
|
10,63 |
|
Total |
5.682.430,49 |
5.860.942,15 |
|
(3,05) |
|
TOTAL ASSET |
6.317.831,19 |
6.332.008,74 |
|
(0,22) |
|
|
|
|
|
|
|
SHAREHOLDERS FUNDS AND LIABILITIES |
|
|
||
|
|
|
|
|
|
|
SHAREHOLDERS FUNDS |
|
|
||
|
Capital |
2.190.000,00 |
2.190.000,00 |
|
|
|
Legal reserves |
30.000,00 |
30.000,00 |
|
|
|
Net retained |
2.131.078,47 |
1.605.682,50 |
|
32,72 |
|
Revaluation surplus |
4.200,26 |
4.200,26 |
|
|
|
Total |
4.355.278,73 |
3.829.882,76 |
|
13,72 |
|
Net income for the period |
271.148,86 |
467.140,04 |
|
(41,96) |
|
TOTAL OF SHAREHOLDERS FUNDS |
4.626.427,59 |
4.297.022,80 |
|
7,67 |
|
|
|
|
|
|
|
Current liabilities |
|
|
||
|
Suppliers |
1.379.265,46 |
1.597.245,19 |
|
(13,65) |
|
Advances from costumers |
3.146,81 |
|
|
|
|
State and other public entities |
135.322,72 |
156.070,93 |
|
(13,29) |
|
Shareholders/partners |
|
38.737,98 |
|
|
|
Financing obtained |
116.979,94 |
61.111,15 |
|
91,42 |
|
Other payable accounts |
38.739,00 |
181.820,69 |
|
(78,69) |
|
Other financial liabilities |
17.949,67 |
|
|
|
|
Total |
1.691.403,60 |
2.034.985,94 |
|
(16,88) |
|
TOTAL LIABILITIES |
1.691.403,60 |
2.034.985,94 |
|
(16,88) |
|
TOTAL SHAREHOLDERS FUNDS AND LIABILITIES |
6.317.831,19 |
6.332.008,74 |
|
(0,22) |
|
|
|
|
|
|
|
INCOME STATEMENT |
|
|
||
|
|
|
|
|
|
|
INCOME AND EXPENSES |
|
|
||
|
Sales and services |
5.543.271,93 |
6.965.649,23 |
|
(20,42) |
|
Cost of goods sold and materials consumed |
3.683.011,45 |
4.677.715,66 |
|
(21,26) |
|
Suppliers and external services |
620.631,91 |
734.225,44 |
|
(15,47) |
|
Personnel costs |
736.113,01 |
671.190,13 |
|
9,67 |
|
Provisions (increases/reductions) |
|
164.876,00 |
|
|
|
Other income and gains |
40.928,91 |
32.948,95 |
|
24,22 |
|
Other expenses and losses |
21.953,96 |
9.217,41 |
|
138,18 |
|
Result before depreciation, financing costs and taxes |
522.490,51 |
741.373,54 |
|
(29,52) |
|
Expenses/reversals of depreciation and amortization |
121.888,10 |
88.028,32 |
|
38,46 |
|
Operating result (before financing costs and taxes) |
400.602,41 |
653.345,22 |
|
(38,68) |
|
Interest and similar income obtained |
14.096,40 |
39.207,29 |
|
(64,05) |
|
interest and similar expenses incurred |
11.439,61 |
46.964,84 |
|
(75,64) |
|
Net before taxes |
403.259,20 |
645.587,67 |
|
(37,54) |
|
Income tax of the period |
132.110,34 |
178.447,63 |
|
(25,97) |
|
Net profit for the period |
271.148,86 |
467.140,04 |
|
(41,96) |
|
|
|
Closing Date |
31-12-2010 |
31-12-2009 |
-- |
|
|
|
|
|||
|
|
|
|||
|
|
0,059 |
0,109 |
|
|
|
Assets Profitability |
0,063 |
0,103 |
|
|
|
|
0,049 |
0,067 |
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
217,418 |
195,36 |
|
|
|
|
0,877 |
1,1 |
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
2,527 |
3,409 |
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
3,36 |
2,88 |
|
|
|
|
3,143 |
2,776 |
|
|
|
|
0,856 |
0,643 |
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
0,732 |
0,679 |
|
|
|
|
2,735 |
2,112 |
|
|
|
|
1 |
1 |
|
|
|
|
0,025 |
0,014 |
|
|
|
|
1 |
1 |
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
4,644 |
3,502 |
|
|
|
|
0,993 |
1,012 |
|
|
|
|
4,611 |
3,544 |
|
|
|
|
31-12-2009 |
|
|
Tangible Assets |
471.066,00 |
|
|
Stocks |
212.280,00 |
|
|
Short Term Receivable |
4.331.650,00 |
|
|
Banks and Cash |
1.308.943,00 |
|
|
Accruals and Deferrals |
8.068,00 |
|
|
Total Assets |
6.332.007,00 |
|
|
Shareholder's Funds |
4.297.023,00 |
|
|
Short Term Payable |
1.999.247,00 |
|
|
Accruals and Deferrals |
35.739,00 |
|
|
Total Liabilities and Shareholder's Funds |
6.332.009,00 |
|
|
Cost of Goods and Consumable Materials |
4.677.716,00 |
|
|
Outside Supplies and Services |
734.225,00 |
|
|
Personnel Costs |
671.190,00 |
|
|
Sales |
6.965.649,00 |
|
|
|
31-12-2007 |
31-12-2008 |
31-12-2009 |
|
Net Sales |
6.022.658,00 |
10.720.784,00 |
6.965.649,00 |
|
Net Income For the Year |
333.501,00 |
691.813,00 |
467.140,00 |
|
Current Assets |
4.742.974,00 |
9.102.218,00 |
5.860.941,00 |
|
Short Term Payables |
2.079.835,00 |
5.924.430,00 |
1.999.247,00 |
|
Cash Flow |
2.663.139,00 |
3.177.788,00 |
3.861.694,00 |
|
Total Assets |
5.246.583,00 |
9.789.449,00 |
6.332.007,00 |
|
Total Liabilities |
2.106.923,00 |
5.957.976,00 |
2.034.986,00 |
|
Shareholders Funds |
3.139.660,00 |
3.831.473,00 |
4.297.023,00 |
|
Personnel Costs |
449.011,00 |
536.118,00 |
671.190,00 |
|
|
31-12-2007 |
31-12-2008 |
31-12-2009 |
|
FINANCIAL SITUATION |
|
|
|
|
General Liquidity |
2,28 |
1,54 |
2,93 |
|
Immediate Liquidity |
2,18 |
1,50 |
2,83 |
|
Financial Autonomy |
0,60 |
0,39 |
0,68 |
|
Solvency |
1,49 |
0,64 |
2,11 |
|
RENTABILITY |
|
|
|
|
Sales Rentability |
5,54 % |
6,45 % |
6,71 % |
|
Sales Rate Increase |
|
78,01 % |
(35,03) % |
|
EFFICIΚNCY |
|
|
|
|
Assets Turnover |
1,15 |
1,10 |
1,10 |
|
Balance Sheet |
||
|
CoinEURO |
|
Date31-12-2009 |
|
|
||
|
|
Gross Assets |
Depreciations /
Provisions |
Net Assets |
|
Tangible Assets |
|
Subtotal |
1.545.392,00 |
1.074.326,00 |
471.066,00 |
|
Stocks |
|
Subtotal |
212.280,00 |
|
212.280,00 |
|
Short Term Receivable |
|
Subtotal |
4.961.523,00 |
629.873,00 |
4.331.650,00 |
|
Bank Deposits and Cash |
|
Cash |
132,00 |
|
132,00 |
|
Bank Deposites |
1.308.811,00 |
|
1.308.811,00 |
|
Subtotal |
1.308.943,00 |
|
1.308.943,00 |
|
Accruals and Deferrals |
|
Deferred Cost |
8.068,00 |
|
8.068,00 |
|
Subtotal |
8.068,00 |
|
8.068,00 |
|
|
|
Total Assets |
8.036.206,00 |
1.704.199,00 |
6.332.007,00 |
|
Shareholders Funds and Liabilities |
|
Shareholders Funds |
|
Capital |
2.190.000,00 |
|
|
Treasury Stock: |
|
|
|
Reserves : |
|
|
|
Legal |
4.200,00 |
|
|
Free |
30.000,00 |
|
|
Net Retained |
1.605.683,00 |
|
|
Net Income For the Year |
467.140,00 |
|
|
Total |
4.297.023,00 |
|
|
Short Term Payable |
|
Bank Loans |
61.111,00 |
|
|
State and Other Public Bodies |
156.071,00 |
|
|
Other Creditors |
146.082,00 |
|
|
Trade Creditors |
1.597.245,00 |
|
|
Shareholders |
38.738,00 |
|
|
Subtotal |
1.999.247,00 |
|
|
Accruals and Deferrals |
|
Accrued Charges |
35.739,00 |
|
|
Subtotal |
35.739,00 |
|
|
TOTAL LIABILITIES |
2.034.986,00 |
|
|
TOTAL LIABILITIES AND SHAREHOLDERS FUNDS |
6.332.009,00 |
|
|
Income Statement |
|
Costs and Losses |
|
Cost of Materials Consumed and Goods Sold: |
|
|
|
Subtotal |
4.677.716,00 |
|
|
Outside Supplies and Services |
734.225,00 |
|
|
Personnel Costs |
|
|
|
Subtotal |
671.190,00 |
|
|
Depreciation |
88.028,00 |
|
|
Provisions |
164.876,00 |
|
|
Subtotal |
252.904,00 |
|
|
Other Operating Costs |
8.977,00 |
|
|
Int. and Similar Costs: |
|
|
|
Subtotal |
46.965,00 |
|
|
Ext. Costs and Losses |
240,00 |
|
|
Taxation Over Income |
178.448,00 |
|
|
Net Income For the Year |
467.140,00 |
|
|
Income and Profits |
|
Sales of : |
|
|
|
Products |
6.965.649,00 |
|
|
Subtotal |
6.965.649,00 |
|
|
Trading Securities Income |
|
|
|
Int. and Similar Costs |
|
|
|
Other |
39.207,00 |
|
|
Extra Income and Gains |
32.949,00 |
|
|
Net Income For the Year |
467.140,00 |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.64 |
|
|
1 |
Rs.86.42 |
|
Euro |
1 |
Rs.69.28 |
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 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.