MIRA INFORM REPORT

 

 

Report Date :

12.04.2013

 

IDENTIFICATION DETAILS

 

Name :

COMERCIAL ZHALINGER IMPORTADORA E EXPORTADORA LTDA - EPP

 

 

Registered Office :

Rua Henry Ford,368 - Presidente Altino 06210-103 - Osasco/Sp

 

 

Country :

Brazil

 

 

Date of Incorporation :

04.02.2004

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Import and Export of Cutlery Products and Beauty Accessories.

 

 

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 :

Unknown

 

 

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 – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

Brazil

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

Brazil - ECONOMIC OVERVIEW

 

Characterized by large and well-developed agricultural, mining, manufacturing, and service sectors, Brazil's economy outweighs that of all other South American countries, and Brazil is expanding its presence in world markets. Since 2003, Brazil has steadily improved its macroeconomic stability, building up foreign reserves, and reducing its debt profile by shifting its debt burden toward real denominated and domestically held instruments. In 2008, Brazil became a net external creditor and two ratings agencies awarded investment grade status to its debt. After strong growth in 2007 and 2008, the onset of the global financial crisis hit Brazil in 2008. Brazil experienced two quarters of recession, as global demand for Brazil's commodity-based exports dwindled and external credit dried up. However, Brazil was one of the first emerging markets to begin a recovery. In 2010, consumer and investor confidence revived and GDP growth reached 7.5%, the highest growth rate in the past 25 years. Rising inflation led the authorities to take measures to cool the economy; these actions and the deteriorating international economic situation slowed growth to 2.7% for 2011 as a whole, though forecasts for 2012 growth are somewhat higher. Despite slower growth in 2011, Brazil overtook the United Kingdom as the world's seventh largest economy in terms of GDP. Urban unemployment is at the historic low of 4.7% (December 2011), and Brazil's traditionally high level of income equality has declined for each of the last 12 years. Brazil's high interest rates make it an attractive destination for foreign investors. Large capital inflows over the past several years have contributed to the appreciation of the currency, hurting the competitiveness of Brazilian manufacturing and leading the government to intervene in foreign exchanges markets and raise taxes on some foreign capital inflows. President Dilma ROUSSEFF has retained the previous administration's commitment to inflation targeting by the central bank, a floating exchange rate, and fiscal restraint.

Source : CIA

Company name

 

COMERCIAL ZHALINGER IMPORTADORA E EXPORTADORA LTDA - EPP

 

 

ADDRESSES

 

MAIN ADDRESS:

RUA HENRY FORD,368 - PRESIDENTE ALTINO

ZIP CODE/CITY:

06210-103 - OSASCO/SP

 

 

PHONE:

11 3832-2571

FAX:

11 3832-2571

E-MAIL:

financeiro@zhalinger.com.br

WEB SITE:

www.zhalinger.com.br

 

BRANCHES:

 

 

 

ADDRESS:

RUA LUIS MARTINS,131 - LAPA

ZIP CODE/CITY:

05060-050 SĂO PAULO/SP

PHONE:

11 3644-3994

 

 

LEGAL DATA

 

MAIN ACTIVITIES:

 

IMPORT AND EXPORT OF CUTLERY PRODUCTS AND BEAUTY ACCESSORIES.

 

LEGAL FORM:

LIMITED LIABILITY COMPANY

 

 

INCORPORATION DATE:

04/02/2004

REGISTER DATE:

04/02/2004

BALANCE SHEET FILING DATE:

31/12

TAX CONTRIBUTOR NUMBER(CNPJ):

06.106.024/0001-06

STATE REGISTER:

492.387.587.117

 

 

SHARE CAPITAL:

R$ 150.000,00

 

BOARD OF DIRECTORS:

 

 

 

JORGE LUIZ RAMALHO

DIRECTOR

ANTONIO CARLOS SANCHEZ QUILES

DIRECTOR

JOAQUIM ANTONIO PEREIRA ALVES FILHO

DIRECTOR

AMADO FONT SANS

DIRECTOR

 

 

AUTHORIZED USE OF SIGNATURE

 

THE DIRECTORS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY.

 

SHAREHOLDERS / PARTNERS:

 

 

 

JORGE LUIZ RAMALHO

30,00%

ANTONIO CARLOS SANCHEZ QUILES

30,00%

JOAQUIM ANTONIO PEREIRA ALVES FILHO

30,00%

AMADO FONT SANS

10,00%

 

AFFILIATES / SUBSIDIARIES:

 

 

 

NOT AVAILABLE

 

 

 

COMPANY'S BACKGROUND

 

THE SUBJECT WAS ESTABLISHED ON FEBRUARY 04, 2004 AS "CUTELARIA ZHALINGER COMERCIO LTDA EPP". TO BE ENGAGED IN THE SAID LINE OF BUSINESS. LATER IT ADOPTED THE ABOVE MENTIONED NAME.

 

THE COMPANY OPERATES WITH THE TRADE NAME "ZHALINGER".

 

PARTNERS:

 

JORGE LUIZ RAMALHO, BRAZILIAN, DIVORCED, HOLDER OF DOCUMENTS, RG 5.461.618-9 SSP/SP AND CPF 671.980.588-68, RESIDENTIAL ADDRESS AT ALAMEDA FERNĂO CARDIM 310, APT. 113, JARDIM APULISTA - SĂO PAULO/SP;

 

ANTONIO CARLOS SANCHEZ QUILES, BRAZILIAN, SINGLE, HOLDER OF DOCUMENTS, RG 10.153.474  SSP/SP AND CPF 069.170.728-69, RESIDENTIAL ADDRESS AT RUA HADDOCK LOBO, 403, APT. 21-B, CERQUEIRA CESAR - SĂO PAULO/SP;

 

JOAQUIM ANTONIO PEREIRA ALVES FILHO, BRAZILIAN, SINGLE, HOLDER OF DOCUMENTS, RG 43.695.624-X SSP/SP AND CPF 362.155.368-14, RESIDENTIAL ADDRESS AT RUA JORGE TIBIRIÇA, 45, APT. 73, BAIRRO GONZAGA - SANTOS/SP;

 

AMADO FONT SANS, BRAZILIAN, SINGLE, HOLDER OF DOCUMENTS, RG 9.094.145/7 SSP/SP AND CPF 112.980.968-47, RESIDENTIAL ADDRESS AT RUA AIMBERÊ, 1756, CASA 20, PERDIZES - SĂO PAULO/SP.

 

FURTHER DETAILS ABOUT THE SUBJECT'S HISTORY IS SO FAR NOT KNOWN.

 

REMARKS:

--------

 

WHEN INTERVIEWED SOURCES AT THE SUBJECT STATED THAT ARE STILL WAITING FOR AUTHORIZATION FROM THE PRINCIPALS TO PROVIDE THE DATA NECESSARY TO COMPLETE THIS REPORT.

 

A REQUEST FOR FURTHER DATA HAS BEEN SENT TO THE COMPANY. PROVIDED THE DATA REQUESTED ARE RECEIVED FROM THE SUBJECT A COMPLEMENTARY REPORT WILL BE SENT TO YOUR ATTENTION.

 

THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE SOURCES, OUR DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL SOURCES USUALLY INVESTIGATED.

 

PUBLIC INFORMATION:

 

NO DETRIMENTAL FILES WERE FOUND.

 

 

FINANCIAL INFORMATION

 

DUE TO THE SUBJECT'S LEGAL FORM, IT IS NOT OBLIGED TO PUBLISH THE BALANCE SHEET INFORMATION. WHEN INTERVIEWING SOURCES AT THE SUBJECT COMPANY DECLINED TO PROVIDE ANY KIND OF FINANCIAL INFORMATION AS THEY ARE STILL NOT AUTHORIZED TO DO SO.

 

OUR INVESTIGATION THROUGH THE OUTSIDE SOURCES SHOWED NO FINANCIAL DATA ABOUT THE SUBJECT.

 

EXCHANGE RATE:

 

 

US$ 1,00 = R$ 1,98

 - OFFICIAL RATE ON 09/10/2013

 

COMMENTS ON THE FINANCIAL INFORMATION:

 

IN THE ABSENCE OF FINANCIAL DATA NO COMMENTS CAN BE PROVIDED ABOUT THE COMPANY'S CURRENT FINANCIAL STANDING.

 

REAL ESTATE:

 

NOT AVAILABLE

 

VEHICLES:

 

NOT AVAILABLE

 

MACHINES:

 

NOT AVAILABLE

 

 

INSURANCE

 

NOT AVAILABLE

 

BANKING REFERENCES

 

NOT AVAILABLE

 

 

 

 

ACTIVITIES COMMENTS

 

IMPORT AND EXPORT OF CUTLERY PRODUCTS AND BEAUTY ACCESSORIES.

 

IMPORT AND EXPORT:

 

IMPORTS FROM:

NOT AVAILABLE

 

EXPORTS TO:

NOT AVAILABLE

 

MAIN CLIENTS:

 

 

 

 

 

DOMESTIC CLIENTS:

 

 

NOT AVAILABLE

 

 

 

STAFF:

 

THE COMPANY HAS: 14 EMPLOYEE(S)

 

 

CONCEPT AND FULFILMENT

 

THE SUBJECT WAS ESTABLISHED IN 2004. SO FAR IT HAS A CLEAR TRADE HISTORY AND MODEST 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.

 

MAIN SUPPLIERS:

 

 

 

 

 

DOMESTIC SUPPLIERS:

 

 

NOT AVAILABLE

 

 

 

PAYMENT HISTORY:

 

NO PAYMENT RECORD IS REGISTERED.

 

 

FINAL OPINION

 

BASED ON THE OVERALL DATA AVAILABLE THE SUBJECT MAY BE CONSIDERED FOR NORMAL BUSINESS COMMITMENTS. CREDIT FACILITIES HOWEVER SHOULD BE GRANTED ON FULLY SECURED TERMS ONLY DUE TO THE ABSENCE OF FINANCIAL DATA.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.53.53

UK Pound

1

Rs.83.59

Euro

1

Rs.71.32

 

INFORMATION DETAILS

 

Report Prepared by :

SDA

 

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.