MIRA
INFORM REPORT
|
Report Date : |
10.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
LINK COMERCIAL IMPORTADORA E EXPORTADORA LTDA
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Formerly Known As : |
LINK INDÚSTRIA E COMÉRCIO LTDA |
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Registered Office : |
Rua Arnoldo Hass, 100 - Centro, Zip Code 89107-000 - Pomerode/Sc |
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Country : |
Brazil |
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Financials (as on) : |
31.12.2012 |
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Date of Incorporation : |
01.02.2004 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Importer of tires, machines, wires and electronics security equipment’s. |
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No. of Employees : |
122 |
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 |
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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, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Brazil |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 |
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% in 2011, and 1.3% in 2012. Unemployment is at historic lows and Brazil's traditionally
high level of income inequality has declined for each of the last 14 years.
Brazil's historically high interest rates have made 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 exchange 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. In an effort to boost growth, in 2012 the
administration implemented a somewhat more expansionary monetary policy that
has failed to stimulate much growth.
|
Source : CIA |
Company Name
LINK COMERCIAL
IMPORTADORA E EXPORTADORA LTDA
COMPANY ADDRESSES
|
MAIN ADDRESS: |
RUA ARNOLDO HASS, 100 - CENTRO |
|
ZIP CODE/CITY: |
89107-000 - POMERODE/SC |
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PHONE: |
47 3242-8000 |
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FAX: |
47 3242-8000 |
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E-MAIL: |
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WEB SITE: |
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BRANCHES: |
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ADDRESS: |
RODOVIA BR 116 - KM 3,5 - Nº.,15847 - SALA 01 - XAXIM |
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ZIP CODE/CITY: |
81690-300 CURITIBA/PR |
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CNPJ: |
06.089.521/0002-24 |
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STATE REGISTER: |
90359289-33 |
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ADDRESS: |
RUA MATO GROSSO,1213 - SALA 02 - CENTRO |
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ZIP CODE/CITY: |
89107-000 POMERODE/SC |
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CNPJ: |
06.089.521/0003-05 |
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STATE REGISTER: |
255.348.550 |
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|
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ADDRESS: |
RUA ARNOLDO
HASS,131 - CENTRO |
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ZIP CODE/CITY: |
89107-000
POMERODE/SC |
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CNPJ: |
06.089.521/0004-96 |
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STATE REGISTER: |
255.703.880 |
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|
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ADDRESS: |
AVENIDA DR. TIMÓTEO PENTEADO,942 - CONJUNTO 01 - VILA PROGRESSO |
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ZIP CODE/CITY: |
07094-000 GUARULHOS/SP |
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CNPJ: |
06.089.521/0006-58 |
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STATE REGISTER: |
336.876.869.111 |
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|
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ADDRESS: |
RUA TIRADENTES,230 GALPÃO B - CENTRO |
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ZIP CODE/CITY: |
89107-000 POMERODE/SC |
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ADDRESS: |
RUA HELGA PEDRINI,260 - GALPÃO A - CENTRO |
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ZIP CODE/CITY: |
89107-000 POMERODE/SC |
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|
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ADDRESS: |
RUA PARAÍBA,2880 - UMUARAMA |
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ZIP CODE/CITY: |
38402-014 UBERLÂNDIA/MG |
LEGAL DATA
|
MAIN ACTIVITIES: |
|
IMPORT OF TIRES, MACHINES, WIRES AND ELECTRONICS. |
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LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
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|
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INCORPORATION DATE: |
01/02/2004 |
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REGISTER DATE: |
01/02/2004 |
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BALANCE SHEET FILING DATE: |
31/12 |
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TAX CONTRIBUTOR NUMBER(CNPJ): |
06.089.521/0001-43 |
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STATE REGISTER: |
254.730.000 |
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|
|
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SHARE CAPITAL: |
R$ 8.000.000,00 |
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BOARD OF
DIRECTORS: |
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|
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|
|
EDUARDO ELIAS MARTINS |
MANAGER |
|
ELIAS MARTINS |
MANAGER |
AUTHORIZED USE OF SIGNATURE
|
THE MANAGERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
ENM ADMINISTRAÇÃO E PARTICIPAÇÕES LTDA. |
75% |
|
EDUARDO ELIAS MARTINS |
25% |
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AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
KYLY PARTICIPAÇÕES LTDA. |
|
|
WELTTEC COMERCIAL IMPORTADORA E EXPORTADORA LTDA |
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ENM INCORPORAÇÕES IMOBILIÁRIAS LTDA |
|
|
ÍCONE SC COMERCIAL IMPORTADORA E EXPORTADORA LTDA |
|
|
ENM ADMINISTRAÇÃO E PARTICIPAÇÕES LTDA. |
|
|
ELO INCORPORAÇÕES IMOBILIÁRIAS LTDA |
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COMPANY'S BACKGROUND
|
THE SUBJECT WAS ESTABLISHED ON FEBRUARY 01, 2004 AS LINK INDÚSTRIA E
COMÉRCIO LTDA TO BE ENGAGED IN THE SAID LINE OF BUSINESS. LATER IT ADOPTED THE ABOVE-MENTIONED NAME AND UP TO
DATE IT IS STILL OPERATING WITHIN THE GENERAL SCENE REPORTED HEREIN. PARTNERS / MANAGERS: ENM ADMINISTRAÇÃO E PARTICIPAÇÕES LTDA.: HEADQUARTERED AT AVENIDA 21
DE JANEIRO, 2225, SALA A, CENTRO, ZIP CODE 89107-000, POMERODE/SC,
REGISTRATION # CNPJ 10.411.065/0001-83, REPRESENTED BY ITS MANAGER ELIAS
MARTINS, BRAZILIAN, MARRIED, INDUSTRIAL, HOLDER OF DOCUMENTS CPF
351.153.869-68 AND RG 984.035-4 SSP/SC, RESIDENTIAL ADDRESS AT RUA BOLÍVIA,
00623, APTO. 301, PONTA AGUDA, ZIP CODE 89050-300, BLUMENAU/SC; EDUARDO ELIAS MARTINS: BRAZILIAN, MARRIED, INDUSTRIAL, HOLDER OF
DOCUMENTS CPF 006.929.549-29 AND RG 3.068.570-2 SSP/SC, RESIDENTIAL ADDRESS
AVENIDA 21 DE JANEIRO, 2225, CENTRO, ZIP CODE 89107-000, POMERODE/SC. FURTHER DETAILS ABOUT THE SUBJECT'S HISTORY ARE SO FAR NOT KNOWN. |
|
PUBLIC
INFORMATION: |
|
NO DETRIMENTAL FILES WERE FOUND. |
FINANCIAL INFORMATION
|
GENERAL BALANCE SHEETS AS OF 31/12/2012, 31/12/2011 AND 31/12/2010. |
|
( FIGURES ARE IN REAIS ). |
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ASSETS |
|
|
|
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CURRENT: |
31/12/2012 |
31/12/2011 |
31/12/2010 |
|
|
|
|
|
|
CASH |
16.705,41 |
51.868,28 |
48.922,32 |
|
BANKS |
3.497.203,07 |
8.040.762,02 |
2.187.621,88 |
|
CLIENTS |
72.029.168,03 |
57.524.904,61 |
41.647.034,52 |
|
DISCOUNTED NOTES |
|
-6.555.348,35 |
-7.761.203,02 |
|
NOTES RECEIVABLE |
|
3.900.379,23 |
2.526.822,27 |
|
INVENTORY |
22.257.990,63 |
21.351.255,68 |
17.187.527,16 |
|
ADVANCES |
27.414.714,39 |
20.586.351,06 |
14.680.819,58 |
|
RECOVERABLE TAXES |
2.664.923,84 |
1.095.074,48 |
81.905,40 |
|
OTHER CREDITS |
477.177,61 |
910.905,79 |
714.311,65 |
|
PRE PAID EXPENSES |
35.179,74 |
38.848,71 |
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
128.393.062,72 |
106.945.001,51 |
71.313.761,76 |
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
PRE PAID EXPENSES |
4.380.097,42 |
40.680,37 |
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG-TERM RECEIVABLES |
4.380.097,42 |
40.680,37 |
|
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
7.047.085,57 |
6.485.611,65 |
4.028.159,14 |
|
INTANGIBLE |
1.507.784,07 |
523.492,86 |
62.397,69 |
|
|
---------------- |
---------------- |
---------------- |
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TOTAL FIXED ASSETS |
8.554.869,64 |
7.009.104,51 |
4.090.556,83 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
141.328.029,78 |
113.994.786,39 |
75.404.318,59 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2012 |
31/12/2011 |
31/12/2010 |
|
|
|
|
|
|
SUPPLIERS |
11.281.057,24 |
4.890.862,92 |
2.255.436,38 |
|
LOANS AND FINANCING |
23.328.734,31 |
25.247.846,43 |
11.578.027,70 |
|
TRIBUTARY OBLIGATIONS |
3.824.305,22 |
1.540.483,62 |
1.484.395,82 |
|
SOCIAL OBLIGATIONS |
291.747,28 |
169.380,85 |
110.241,04 |
|
LABOR OBLIGATIONS |
388.656,83 |
206.347,77 |
257.290,61 |
|
ACCOUNTS PAYABLE |
4.798.223,91 |
5.345.444,65 |
12.013.108,26 |
|
IMPORTS IN PROGRESS |
47.223.966,14 |
23.598.364,49 |
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
91.136.690,93 |
60.998.730,73 |
27.698.499,81 |
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
LOANS AND FINANCING |
|
|
78.424,06 |
|
TAXES AND CONTRIBUTIONS |
2.940.267,84 |
99.523,56 |
99.523,56 |
|
OTHER |
|
1.840.561,66 |
11.289.272,44 |
|
DEFERRED TAXES |
584.433,43 |
590.144,31 |
|
|
PROVISION FOR CONTINGENCIES |
1.101.948,82 |
728.256,11 |
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM LIABILITIES |
4.626.650,09 |
3.258.485,64 |
11.467.220,06 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
8.000.000,00 |
8.000.000,00 |
8.000.000,00 |
|
PROFIT RESERVES |
36.430.199,79 |
41.737.570,02 |
28.238.598,72 |
|
REVALUATION RESERVES |
1.134.488,97 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
45.564.688,76 |
49.737.570,02 |
36.238.598,72 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
141.328.029,78 |
113.994.786,39 |
75.404.318,59 |
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2012, 31/12/2011 AND 31/12/2010. |
|
( FIGURES ARE IN REAIS ). |
|
|
31/12/2012 |
31/12/2011 |
31/12/2010 |
|
|
|
|
|
|
GROSS SALES |
297.716.137,34 |
268.041.525,55 |
241.365.452,39 |
|
(-) TAXES ON SALES |
69.262.833,84 |
62.599.070,02 |
48.463.254,58 |
|
|
---------------- |
---------------- |
---------------- |
|
NET SALES |
228.453.303,50 |
205.442.455,53 |
192.902.197,81 |
|
(-) COST OF SOLD GOODS |
201.110.142,08 |
179.407.179,51 |
161.515.640,09 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
27.343.161,42 |
26.035.276,02 |
31.386.557,72 |
|
OPERATING REVENUE (EXPENSE) |
-18.475.283,61 |
-18.700.438,59 |
-16.184.780,22 |
|
FINANCIAL REVENUE(EXPENSE) |
193.183,70 |
-1.473.204,08 |
144.923,83 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
9.061.061,51 |
5.861.633,35 |
15.346.701,33 |
|
NON-OPERATING RESULT |
391.043,30 |
68.493,20 |
|
|
CONTRIBUTION/INCOME TAX |
-2.762.970,80 |
-2.267.434,76 |
-5.970.796,26 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
6.689.134,01 |
3.662.691,79 |
9.375.905,07 |
|
MONTHLY SALES |
|||
|
|
2013 |
|
|
|
|
--------------------- |
|
|
|
JANUARY |
R$ 27.453.674,66 |
|
|
|
FEBRUARY |
R$ 28.048.999,15 |
|
|
|
MARCH |
R$ 28.447.506,92 |
|
|
|
APRIL |
R$ 32.551.403,15 |
|
|
|
MAY |
R$ 24.135.359,17 |
|
|
|
JUNE |
R$ 25.326.049,77 |
|
|
|
JULY |
R$ 35.583.212,82 |
|
|
|
AUGUST |
R$ 33.564.080,63 |
|
|
|
SEPTEMBER |
R$ 23.709.057,69 |
|
|
|
OCTOBER |
R$ 32.413.510,43 |
|
|
|
NOVEMBER |
|
|
|
|
DECEMBER |
|
|
|
|
TOTAL |
R$ 291.232.854,39 |
|
|
|
RATIOS: |
31/12/2012 |
31/12/2011 |
31/12/2010 |
|
QUICK RATIO |
1,16 |
|
1,40 |
|
1,95 |
|
|
CURRENT RATIO |
1,41 |
|
1,75 |
|
2,57 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
3,17 |
TIMES |
3,57 |
TIMES |
4,63 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
113,50 |
DAYS |
100,80 |
DAYS |
77,72 |
DAYS |
|
INVENTORY TURNOVER |
9,04 |
TIMES |
8,40 |
TIMES |
9,40 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
20,19 |
DAYS |
9,81 |
DAYS |
5,03 |
DAYS |
|
RETURN ON ASSETS |
1,62 |
TIMES |
1,80 |
TIMES |
2,56 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
5,01 |
TIMES |
4,13 |
TIMES |
5,32 |
TIMES |
|
NET WORTH TIE-UP |
,15 |
|
,13 |
|
,11 |
|
|
INDEBTEDNESS |
2,10 |
|
1,29 |
|
1,08 |
|
|
EQUITY RATIO |
32,24 |
% |
43,63 |
% |
48,06 |
% |
|
WORKING CAPITAL RATIO |
40,88 |
% |
75,32 |
% |
157,46 |
% |
|
GENERAL SOLVENCY |
1,48 |
|
1,77 |
|
1,93 |
|
|
RETURN ON NET EQUITY |
14,68 |
% |
7,36 |
% |
25,87 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
2,93 |
% |
1,78 |
% |
4,86 |
% |
|
GROSS PROFIT MARGIN |
11,97 |
% |
12,67 |
% |
16,27 |
% |
|
OPERATIONAL RESULT |
3,97 |
% |
2,85 |
% |
7,96 |
% |
|
SALES TURNOVER ON LIABILITIES |
2,51 |
TIMES |
3,37 |
TIMES |
6,96 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 2,35 |
- OFFICIAL RATE ON 03/12/2013 |
|
US$ 1,00 = R$ 2,04 |
- OFFICIAL RATE ON 31/12/2012 |
|
US$ 1,00 = R$ 1,87 |
- OFFICIAL RATE ON 31/12/2011 |
|
US$ 1,00 = R$ 1,66 |
- OFFICIAL RATE ON 31/12/2010 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL
RATIOS. THE ANNUAL FIGURES AVAILABLE
SHOW A SATISFACTORY FINANCIAL STANDING. IT HAS SOMEHOW HIGH LEVEL OF INDEBTEDNESS
BUT IT HAS GOOD LIQUIDITY RATIOS AND POSITIVE WORKING CAPITAL, CONSIDERED
ENOUGH TO COVER THE SHORT TERM LIABILITIES. IN ADDITION, IT IS NOTED GROWING
SALES AND PROFITABILITY. |
|
REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$ 350.000,00
THE PARTNERS OWN REAL ESTATE VALUED AT R$ 1.500.000,00
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$ 493.306,00
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS ARE VALUED AT R$ 80.972,41
INSURANCE
|
INSURANCE COMPANY: |
CIA DE SEGUROS MINAS BRASIL |
|
COVERAGE: |
FIRE, RAY, WINDSTORM, THEFT AND OTHERS |
|
VALUE: |
R$ 1.100.000,00 |
BANKING REFERENCES
|
|
BRANCH/PHONE: |
CITY: |
|
BANCO DO BRASIL S/A |
3420-7 / 47 3321-2560 |
BLUMENAU/SC |
|
BANCO BRADESCO S/A |
2656-5 / 47 3322-9788 |
BLUMENAU/SC |
|
BANCO ITAÚ S/A |
0132 / 47 3221-2890 |
BLUMENAU/SC |
|
HSBC BANK BRASIL S/A BANCO MÚLTIPLO |
0147 / 47 2123-7244 |
BLUMENAU/SC |
|
BANCO SANTANDER (BRASIL) S/A |
/ 47 3431-2754 |
JOINVILLE/SC |
|
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 NO RETURNED CHECKS UP TO
DATE. (IN THE TERMS OF "CIRCULAR 1682 BRAZILIAN CENTRAL BANK"). |
ACTIVITIES COMMENTS
|
THE SUBJECT IN ENGAGED IN THE IMPORT OF TIRES, MACHINES, WIRES AND
ELECTRONICS SECURITY EQUIPMENTS. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
CHINA, INDONESIA, JAPAN, UNITED STATES, SINGAPORE AND ARGENTINA. |
EXPORTS TO:
|
NOT AVAILABLE. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
PHONE: |
|
BRINKIDS INDÚSTRIA TÊXTIL LTDA |
|
47 3328-4080 |
|
CATIVA TEXTIL INDÚSTRIA E COMÉRCIO LTDA |
|
47 3387-9999 |
|
CLASSE TÊXTIL LTDA |
|
47 3301-4757 |
|
DALSOQUIO FLORES INDÚSTRIA COMÉRCIO LTDA |
|
47 3348-8151 |
|
GSN GLOBAL SECURITY NETWORK
EQUIP. ELET. LTDA |
|
21 2447-4861 |
|
MARILUA TÊXTIL LTDA |
|
47 3323-0211 |
|
THOR COMÉRCIO DE PNEUS LTDA |
|
11 6440-5979 |
|
STAFF: |
|
|
|
THE COMPANY HAS: 122 EMPLOYEE(S) |
CONCEPT AND FULFILMENT
|
THE SUBJECT IS A WELL-ESTABLISHED FAMILY-RUN COMPANY, OPERATING SINCE
2004, OPERATING WITH A GROWING SCALE OF ACTIVITIES AND GOOD PAYMENT BEHAVIOR
WITH CLEAR TRADE HISTORY. THE COMPANY HAS TRADE RELATIONS WITH SEVERAL SUPPLIERS IN BRAZIL. THE
SUPPLIERS EXTEND CREDIT FACILITIES TO THE SUBJECT IN TERMS AND AMOUNTS
ACCORDING TO THE COMPANY'S NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE NOTED. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
CITY: |
PHONE: |
|
PROAÇO |
ITUPORANGA/SC |
47 3533-1781 |
|
FOREIGN
SUPPLIERS: |
COUNTRY: |
PHONE: |
|
AMERICANAS SECURITY NETWORK LLC |
UNITED STATES |
305 592 3374 |
|
BELFIRE TRADING LTD |
|
00 14 1 242 363-1443 |
|
FATE S.A.I.C.I. |
ARGENTINA |
54 11 4725-8100 |
|
KAPSCO PRIVATE LTD |
SINGAPORE |
65 6253-5332 |
|
KCTEX INTERNACIONAL LTD |
SINGAPORE |
65 6325-5755 |
|
PARDOX SECURITY SYSTEMS |
|
305 994-8186 |
|
QINDAO RHINO INT´L CO., LTD. |
CHINA |
86532-8506-3927 |
|
TOP STRONG INTERNATIONAL LTD |
CHINA |
852-8199 0981 |
|
PAYMENT HISTORY: |
|
07 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 98.308,00 |
|
|
|
AMOUNT OF INVOICES PAID: 49 |
|
TOTAL OF PROMPT PAYMENTS: 100% |
|
HIGHEST INVOICE: R$ 30.000,00 |
|
HIGHEST CREDIT: R$ 30.000,00 |
FINAL OPINION
|
THE SUBJECT IS A NEW BUT WELL-ESTABLISHED COMPANY IN BUSINESS SINCE
2004 ONLY. UP TO DATE IT HAS A HIGH SCALE OF ACTIVITIES AND NO ADVERSE
INFORMATION IS NOTED. 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.61.79 |
|
UK Pound |
1 |
Rs.100.01 |
|
Euro |
1 |
Rs.83.82 |
INFORMATION DETAILS
|
Report
Prepared by : |
MNL |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.