|
Report Date : |
19.02.2013 |
IDENTIFICATION DETAILS
|
Name : |
SOCER BRASIL
INDÚSTRIA E COMÉRCIO LTDA |
|
|
|
|
Registered Office : |
Estrada Do Guarujá, 3150 Bloco 01 - Jardim Marília, 13320-902 -
Salto/Sp |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.08.2012 |
|
|
|
|
Date of Incorporation : |
25.11.1996 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Subject Is Engaged In The Manufacture Of Intermediate Chemicals. |
|
|
|
|
No. of Employees : |
120 |
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 |
|
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 – 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 |
SOCER BRASIL
INDÚSTRIA E COMÉRCIO LTDA
ADDRESSES:
|
MAIN ADDRESS: |
ESTRADA DO GUARUJÁ, 3150 BLOCO 01 - JARDIM MARÍLIA |
|
ZIP CODE/CITY: |
13320-902 - SALTO/SP |
|
|
|
|
PHONE: |
11 4028-9913 |
|
FAX: |
11 4028-9907 |
|
E-MAIL: |
|
|
WEB SITE: |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
ESTRADA MUNICIPAL OLAVO EGYDIO DE SOUZA ARANHA SETUBAL, 251 BLOCO B -
PONTE ALTA |
|
ZIP CODE/CITY: |
18200-000 ITAPETININGA/SP |
|
|
|
|
ADDRESS: |
AVENIDA PREFEITO PAULO NAVES, 470 - CENTRO |
|
ZIP CODE/CITY: |
AVARÉ/SP |
|
PHONE: |
14 3711-2222 |
|
MAIN ACTIVITIES: |
|
MANUFACTURE OF INTERMEDIATE CHEMICALS. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
25/11/1996 |
|
REGISTER DATE: |
25/11/1996 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
01.593.699/0001-03 |
|
STATE REGISTER: |
600.044.670.110 |
|
|
|
|
SHARE CAPITAL: |
R$ 10.330.000,00 |
|
LAST REGISTER OF CAPITAL: |
21/09/2011 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
ANIBAL SIMÕES MENDES DOS SANTOS |
MANAGING PARTNER |
|
JOSÉ PINTO DA ROCHA JORGE FERREIRA |
MANAGER |
|
THE MANAGING PARTNER AND MANAGER ARE AUTHORIZED TO SIGN ON BEHALF OF
THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
ANIBAL SIMÕES MENDES DOS SANTOS (PORTUGAL) |
21,00% |
|
ANTONIO MANUEL HENRIQUES JORGE FERREIRA (PORTUGAL) |
39,50% |
|
VITOR HENRIQUES LAGOA (PORTUGAL) |
39,50% |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
RESINAS BRASIL INDÚSTRIA E COMÉRCIO LTDA |
|
|
RESINAS DO PARANÁ INÚSTRIA E COMÉRIO LTDA |
|
|
SOCIEDADE LUSO BRASILEIRA EXTRAÇÃO E COM. RESINA LTDA |
|
|
RESINA TROPICAIS INDÚSTRIA E COMÉRCIO LTDA |
|
|
RB SUL INDUSTRIA E COMERCIO LTDA |
|
|
ITACOL IND. COM. IMP. E EXP. DE RESINAS NATURAIS LTDA |
|
|
ITABOX IND. E COM. DE MOVEIS DE MADEIRA LTDA |
|
|
THE SUBJECT WAS ESTABLISHED ON NOVEMBER 25, 1996 TO BE ENGAGED IN THE
SAID LINE OF BUSINESS AND UP TO DATE IT IS STILL OPERATING WITHIN THE GENERAL
SCENE REPORTED HEREIN. APPROXIMATELY A HUNDRED YEARS OF HISTORY HAVE TRANSFORMED SOCER GROUP
INTO A REMARKABLE COMPANY WITH WORLDWIDE RECOGNITION. ORIGINATING IN PORTUGAL
IN 1910, SOCER GROUP, WHOSE OWNER WAS MR. MANUEL HENRIQUE JUNIOR, BEGAN THE
MANUFACTURING AND COMMERCIALIZATION OF COLOPHONY. IN THE 50'S, AFTER THE MERGE WITH TWO OTHER IMPORTANT COMPANIES IN THE
PORTUGUESE MARKET: CPR - COMPANHIA DE PRODUTOS RESINOSOS AND CIR - COMPANHIA
INDUSTRIAL RESINEIRA AND THE PURCHASE OF ANOTHER IMPORTANT COMPANY IN THIS
TRADE, URP - UNIÃO RESINEIRA PORTUGUESA, SOCER GROUP REACHES THE LEADING
POSITION IN THE PORTUGUESE MARKET AND BECOMES ONE OF THE MOST IMPORTANT
EXPORTERS OF TERPENIC PRODUCTS IN THE MARKET. SINCE THE BEGINNING, SOCER GROUP HAS BEEN IN THE VANGUARD OF THE
DEVELOPMENT AND MANUFACTURING OF TERPENE DERIVATIVES AND SEVERAL PARTNERSHIPS
WERE MADE THROUGHOUT THIS PERIOD WITH OTHER COMPANIES IN THE WORLD, SUCH AS:
SEPULCHRE, REICHOLD, HERCULES, AND HOECHST. AIMING TO INCREASE THEIR BUSINESS SHARE, THE GROUP STARTED TO EXPAND
IN 1992, REACHING BRAZIL. IN 1996,
WITHIN A JOINT VENTURE WITH THE GROUP RESINAS BRASIL, THEY PURCHASED THE GUM
ROSIN PRODUCTION UNIT FROM THE EUCATEX GROUP AND FOUNDED 'SOCER BRASIL
LTDA.', THE COMPANY, WHICH SINCE 2003 UNIFIES THE WHOLE SOCER'S TERPENE
PRODUCT MANUFACTURING. IN 2004 BASED ON ITS MARKET PERFORMANCE SOCER BECAME BRAZIL'S SEGMENT
LEADER AND LARGEST GUM ROSIN AND TURPENTINE DERIVATIVES EXPORTER WITH A
COMPREHENSIVE PRODUCT PORTFOLIO. IN 2007, SOCER WAS INTEGRALLY ACQUIRED BY THE GROUP RESINAS BRASIL AND
BECAME PART OF THE LARGEST BRAZILIAN PRODUCER AND EXPORTER GROUP OF ITS MARKET
SEGMENT IN LATIN AMERICA. THE CONTACTS WERE MADE THROUGH THE COMPANY RESINAS BRASIL INDÚSTRIA E
COMÉRCIO LTDA, PHONE 14 3711-2222. THE COMPANY HAS THE ISO 9001 - 2008 CERTIFICATION. PARTNERS: ANIBAL SIMÕES MENDES DOS SANTOS: PORTUGUESE, MARRIED, HOLDER OF
DOCUMENTS CPF 107.927.163-53, RG 36.374.663-8 SSP/SP, RESIDENTIAL ADDRESS AT
AV. PREFEITO PAULO NOVAES 470, AVARE/SP. ANTONIO MANUEL HENRIQUES JORGE FERREIRA: PORTUGUESE, MARRIED, HOLDER
OF DOCUMENTS CPF 226.019.568-79, RG V512162-8 CGPI/DIREX/DPF - SP,
RESIDENTIAL ADDRESS AT RUA GRECIA 85, AVARE/SP. VITOR HENRIQUES LAGOA: PORTUGUESE, MARRIED, HOLDER OF DOCUMENTS CPF
226.019.638-16, PASSPORT 505576 - SP, RESIDENTIAL ADDRESS AT AV. NOSSA
SENHORA DO ROSARIO 1012, CASCAIS, PORTUGAL. FURTHER DETAILS ARE SO FAR NOT KNOWN. |
|
PUBLIC
INFORMATION: |
|
NO DETRIMENTAL FILES WERE FOUND. |
|
GENERAL BALANCE SHEETS AS OF 31/08/2012, 31/12/2011 AND 31/12/2010. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/08/2012 |
31/12/2011 |
31/12/2010 |
|
|
|
|
|
|
CASH |
4.950,75 |
4.225,26 |
5.588,12 |
|
BANKS |
2.220.657,11 |
472.744,23 |
1.617.453,11 |
|
CLIENTS |
20.265.557,97 |
16.749.593,01 |
17.296.105,86 |
|
INVENTORY |
10.694.608,01 |
9.133.053,51 |
5.994.379,91 |
|
ADVANCE TO SUPPLIERS |
3.772.567,94 |
3.278.788,65 |
4.020.786,03 |
|
RECOVERABLE TAXES |
6.874.930,62 |
6.379.860,22 |
2.440.577,62 |
|
JUDICIAL DEPOSITS |
638.205,12 |
604.215,12 |
433.059,81 |
|
OTHER CREDITS |
26.571,77 |
|
35.698,63 |
|
PRE PAID EXPENSES |
177.598,87 |
95.990,49 |
83.248,71 |
|
INVESTMENTS |
|
3.090.000,01 |
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
44.675.648,16 |
39.808.470,50 |
31.926.897,80 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
50.918.668,09 |
46.455.321,39 |
21.436,39 |
|
FIXED ASSETS |
71.677.285,67 |
72.330.280,26 |
67.452.925,47 |
|
DEFERRED |
308.130,69 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
122.904.084,45 |
118.785.601,65 |
67.474.361,86 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
167.579.732,61 |
158.594.072,15 |
99.401.259,66 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/08/2012 |
31/12/2011 |
31/12/2010 |
|
|
|
|
|
|
SUPPLIERS |
7.716.629,19 |
5.427.723,69 |
15.584.206,89 |
|
TRIBUTARY OBLIGATIONS |
|
309.342,49 |
395.349,45 |
|
ADVANCE FROM CLIENTS |
1.028.489,58 |
202.731,64 |
88.824,09 |
|
ACCOUNTS PAYABLE |
8.506.961,03 |
8.500.000,00 |
4.150.000,00 |
|
SOCIAL CONTRIBUTION |
|
804.571,05 |
865.535,94 |
|
ADVANCE TO EXCHANGE CONTRACT |
|
17.750.595,10 |
4.226.525,20 |
|
LOANS AND FINANCING |
15.417.760,08 |
|
|
|
SOCIAL OBLIGATIONS |
1.435.872,44 |
|
|
|
TAX LIABILITIES |
470.750,72 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
34.576.463,04 |
32.994.963,97 |
25.310.441,57 |
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
INTERCOMPANY DEBTS |
750.550,00 |
750.550,00 |
750.550,00 |
|
LOANS AND FINANCING |
50.664.370,52 |
47.008.765,15 |
2.188.225,19 |
|
DEFERRED TAXES |
17.335.440,61 |
17.335.440,61 |
17.335.440,61 |
|
DEBT WITH SHAREHOLDERS |
6.700.000,00 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM LIABILITIES |
75.450.361,13 |
65.094.755,76 |
20.274.215,80 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
10.330.000,00 |
10.330.000,00 |
2.180.000,00 |
|
ACCRUED PROFIT (LOSS) |
16.506.366,61 |
16.523.203,00 |
17.985.452,87 |
|
OTHER COMPREHENSIVE INCOME |
|
33.651.149,42 |
33.651.149,42 |
|
CAPITAL RESERVES |
33.667.985,81 |
|
|
|
PROFIT (LOSS) OF PERIOD |
-2.951.443,98 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
57.552.908,44 |
60.504.352,42 |
53.816.602,29 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
167.579.732,61 |
158.594.072,15 |
99.401.259,66 |
|
PROFIT AND LOSS ACCOUNTS AS OF 31/08/2012, 31/12/2011 AND 31/12/2010. |
|
( FIGURES ARE IN REAIS ). |
|
|
31/08/2012 |
31/12/2011 |
31/12/2010 |
|
|
|
|
|
|
GROSS SALES |
71.302.751,06 |
109.612.892,62 |
99.556.227,48 |
|
(-) TAXES ON SALES |
13.299.578,60 |
20.939.802,01 |
16.171.158,83 |
|
|
---------------- |
---------------- |
---------------- |
|
NET SALES |
58.003.172,46 |
88.673.090,61 |
83.385.068,65 |
|
(-) COST OF SOLD GOODS |
-49.642.928,43 |
75.193.649,36 |
67.099.199,56 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
107.646.100,89 |
13.479.441,25 |
16.285.869,09 |
|
OPERATING REVENUE (EXPENSE) |
-104.664.459,02 |
-8.068.697,24 |
-7.173.821,91 |
|
FINANCIAL REVENUE(EXPENSE) |
-6.013.781,35 |
-6.872.993,88 |
-874.206,98 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
-3.032.139,48 |
-1.462.249,87 |
8.237.840,20 |
|
NON-OPERATING RESULT |
80.695,50 |
|
|
|
CONTRIBUTION/INCOME TAX |
|
|
-2.808.337,19 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
-2.951.443,98 |
-1.462.249,87 |
5.429.503,01 |
|
MONTHLY SALES |
|||
|
|
2012 |
|
|
|
|
--------------------- |
|
|
|
JANUARY |
R$ 7.427.215,21 |
|
|
|
FEBRUARY |
R$ 9.888.687,16 |
|
|
|
MARCH |
R$ 8.411.150,85 |
|
|
|
APRIL |
|
|
|
|
MAY |
|
|
|
|
JUNE |
|
|
|
|
JULY |
|
|
|
|
AUGUST |
|
|
|
|
SEPTEMBER |
|
|
|
|
OCTOBER |
|
|
|
|
NOVEMBER |
|
|
|
|
DECEMBER |
|
|
|
|
TOTAL |
R$ 25.727.053,22 |
|
|
|
RATIOS: |
31/08/2012 |
31/12/2011 |
31/12/2010 |
|
QUICK RATIO |
,98 |
|
,93 |
|
1,02 |
|
|
CURRENT RATIO |
1,29 |
|
1,21 |
|
1,26 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
2,86 |
TIMES |
5,29 |
TIMES |
4,82 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
83,85 |
DAYS |
68,00 |
DAYS |
74,67 |
DAYS |
|
INVENTORY TURNOVER |
-4,64 |
TIMES |
8,23 |
TIMES |
11,19 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
-37,31 |
DAYS |
25,99 |
DAYS |
83,61 |
DAYS |
|
RETURN ON ASSETS |
,35 |
TIMES |
,56 |
TIMES |
,84 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
1,01 |
TIMES |
1,47 |
TIMES |
1,55 |
TIMES |
|
NET WORTH TIE-UP |
1,25 |
|
1,20 |
|
1,25 |
|
|
INDEBTEDNESS |
1,91 |
|
1,62 |
|
,85 |
|
|
EQUITY RATIO |
34,34 |
% |
38,15 |
% |
54,14 |
% |
|
WORKING CAPITAL RATIO |
29,21 |
% |
20,65 |
% |
26,14 |
% |
|
GENERAL SOLVENCY |
1,52 |
|
1,62 |
|
2,18 |
|
|
RETURN ON NET EQUITY |
-5,13 |
% |
-2,42 |
% |
10,09 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
-5,09 |
% |
-1,65 |
% |
6,51 |
% |
|
GROSS PROFIT MARGIN |
185,59 |
% |
15,20 |
% |
19,53 |
% |
|
OPERATIONAL RESULT |
-5,23 |
% |
-1,65 |
% |
9,88 |
% |
|
SALES TURNOVER ON LIABILITIES |
1,68 |
TIMES |
2,69 |
TIMES |
3,29 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 1,96 |
- OFFICIAL RATE ON 14/02/2013 |
|
US$ 1,00 = R$ 2,03 |
- OFFICIAL RATE ON 31/08/2012 |
|
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 FAIR FINANCIAL STANDING. THE LEVEL
OF INDEBTEDNESS IS HIGH BUT IT IS NOTED NORMAL CURRENT RATIO AND POSITIVE
WORKING CAPITAL AMOUNT. IN ADDITION IT SHOWS GROWING SALES BUT ITS HIGH
EXPENSES DROVE THE COMPANY TO MAKE NEGATIVE RESULTS. THE INTERIM FIGURES FOR AUGUST 2012 SHOW
DETERIORATION IN THE FINANCIALS. THE INDEBTEDNESS INCREASED BUT THE LIQUIDITY
KEEPS NORMAL. IN ADDITION IT IS NOTED DOWNWARD SALES TREND AND NEGATIVE
RESULT WAS MADE AGAIN. |
|
REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$ 7.075.673,60
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$
584.219,90
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS
ARE VALUED AT R$ 44.197.095,92
|
NOT AVAILABLE. |
|
|
BRANCH/PHONE: |
CITY: |
|
BANCO ITAÚ S/A |
14 3102-1268 |
BAURU/SP |
|
BANCO DO BRASIL S/A |
14 3214-5200 |
BAURU/SP |
|
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"). |
|
THE SUBJECT IS ENGAGED IN THE MANUFACTURE OF INTERMEDIATE CHEMICALS. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
NOT AVAILABLE. |
EXPORTS TO:
|
NOT AVAILABLE. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
PHONE: |
|
3M DO BRASIL LTDA |
|
19 3838-6865 |
|
ADECOL IND. QUIMICA LTDA |
|
|
|
ARCOR DO BRASIL LTDA |
|
19 3493-9117 |
|
BOAINAIN IND. E COMERCIO LTDA |
|
|
|
BOMBRIL S/A |
|
|
|
FIRMENICH & CIA LTDA |
|
11 4617-8800 |
|
GIVAUDAN DO BRAIL IND. E COM. DE AROMAS E FRAGANCIAS LTDA |
|
19 3876-8819 |
|
NACIONAL DE GRAFITE |
|
37 3341-8000 |
|
SUKEST INDÚSTRIA DE ALIMENTOS E
FARMA LTDA |
|
14 4009-3000 |
|
STAFF: |
|
|
|
THE COMPANY HAS: 120 EMPLOYEE(S) |
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY, OPERATING SINCE 1996. SO
FAR IT HAS A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOR. 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: |
|
PHONE: |
|
CARBOCLORO S/A INDS. QUIMICAS |
|
11 3704-4200 |
|
CIA BRASILEIRA DE PETROLEO IPIRANGA |
|
|
|
COREMAL COM. REPRES. MAIA LTDA |
|
81 3267-4700 |
|
EÇEKEIROZ S/A |
|
11 4596-8780 |
|
FEIRABOR LTDA |
|
|
|
GREIF EMBALAGENS INDUSRIAIS DO BRASIL LTDA |
|
21 3865-3358 |
|
IBÉRIA IND. DE EMBALAGENS LTDA |
|
19 3652-9108 |
|
IQ SOLUÇÕES & QUIMICA S/A |
|
|
|
JORPAN IND. E COM. DE EMBALAGENS LTDA |
|
11 4648-6877 |
|
KROMINOX ACOS METAIS LTDA |
|
|
|
MAKENI CHEMICALS COM IND DE PROD. QUIMICOS LTDA |
|
11 4071-0694 |
|
MANCHESTER CHEMICAL PROD. QUIMICOS LTDA |
|
11 6905-1522 |
|
MAPEX COML. DISTRIBUIDORA LTDA |
|
|
|
PLURY QUIMICA LTDA |
|
11 4091-4711 |
|
POLIKRAFGT SACOS MULTIFOLHADOS DE PAPEL LTDA |
|
11 3686-5848 |
|
QUÍMICA AMPARO |
|
11 3683-8333 |
|
SUKEST IND SUCOS LTDA |
|
|
|
PAYMENT HISTORY: |
|
5 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 155.646,00 |
|
|
|
AMOUNT OF INVOICES PAID: 21 |
|
TOTAL OF PROMPT PAYMENTS: 100% |
|
HIGHEST INVOICE: R$ 18.891,28 |
|
HIGHEST CREDIT: R$ 20.688,33 |
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS FOR SEVERAL
YEARS. UP TO DATE IT HAS A FAIR FINANCIAL STANDING, A CLEAR TRADE HISTORY AND
GOOD PAYMENT BEHAVIOR. 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.54.28 |
|
|
1 |
Rs.84.09 |
|
Euro |
1 |
Rs.72.44 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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.