MIRA
INFORM REPORT
|
Report Date : |
10.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
ANTONIO FERREIRA PEREIRA LDA |
|
|
|
|
Registered Office : |
Lugar da Igreja Torrados 4650-591-Torrados |
|
|
|
|
Country : |
Portugal |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
10.11.1980 |
|
|
|
|
Com. Reg. No.: |
501118624 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacture of footwear |
|
|
|
|
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 : |
Good |
|
Payment Behaviour : |
Regular |
|
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) |
|
Portugal |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
portugal - ECONOMIC OVERVIEW
Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986. Over the past two decades, successive governments have privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country qualified for the Economic and Monetary Union (EMU) in 1998 and began circulating the euro on 1 January 2002 along with 11 other EU members. The economy had grown by more than the EU average for much of the 1990s, but fell back in 2001-08, and contracted 2.5% in 2009, before growing 1.3% in 2010. But GDP fell again in 2011, as the government implemented austerity measures, including a 5% public salary cut, a 2% increase in the value-added tax, and an extraordinary tax on yearend bonuses to comply with conditions of an EU-IMF financial rescue package agreed to in May 2011. GDP per capita stands at roughly two-thirds of the EU-27 average. A rigid labor market has been an obstacle to greater productivity and growth. Portugal also has been increasingly overshadowed by lower-cost producers in Central Europe and Asia as a destination for foreign direct investment. Portugal's low competitiveness, low growth prospects, and high levels of public debt have made it vulnerable to bond market turbulence. The government reduced the budget deficit from 10.1% of GDP in 2009 to 4.5% in 2011, an achievement made possible only by the extraordinary revenues obtained from the one-time transfer of bank pension funds to the social security system. Investors, however, continue to express concern about the government's ability to achieve future budget deficit targets and obtain foreign financing to cover its sovereign debt obligations when the EU-IMF financing program expires in 2013. Without the option for stimulus measures, the government is focusing instead on boosting exports and implementing labor market and other structural reforms to try to raise GDP growth and increase Portugal's competitiveness - which, over time, may help mitigate investor concerns.
|
Source : CIA |
Identification
|
Name |
ANTONIO FERREIRA PEREIRA LDA |
|
V.A.T. Number / NIF |
501118624 |
|
Denomination |
Fábrica de Calçado Arlitó |
|
Address |
Lugar da Igreja |
|
Locality |
Torrados |
|
Postal Code |
4650-591-TORRADOS |
|
Municipality |
FELGUEIRAS |
|
District |
PORTO |
|
Telephone |
255340620, 918494513 |
|
Fax |
255340641 |
|
E-Mail |
bruno@arlito.pt |
|
Web Site |
www.arlito.pt |
|
|
|
|
C.A.E.(Rev 3) |
15201- Manufacture of
footwear |
Summary
|
Legal Form |
Private Limited Company |
|
Constitution |
10-11-1980 |
|
V.A.T. Number / NIF |
501118624 |
|
Employees |
120 |
|
Capital |
249.398,95 |
|
Sales in : 31-12-2011 |
13.449.459,36 |
|
Shareholders Funds in:
31-12-2011 |
1.533.123,88 |
|
Payments |
Good |
|
Actual Condition |
In activity |
Financial Highlights
|
|
31-12-2009 |
|
31-12-2010 |
|
31-12-2011 |
|
Net Sales |
5.903.046,60 |
|
7.632.180,70 |
|
13.449.459,36 |
|
Net Income For the Year |
77.193,21 |
|
15.656,42 |
|
32.004,04 |
|
Shareholders Funds |
1.486.136,24 |
|
1.501.119,84 |
|
1.533.123,88 |
|
Stocks |
1.107.969,53 |
|
1.608.657,78 |
|
1.317.643,89 |
|
LIABILITY |
4.606.901,28 |
|
7.087.558,47 |
|
7.934.431,98 |
|
ASSETS |
6.093.037,52 |
|
8.588.678,31 |
|
9.467.555,86 |
Business Concept
Consulted sources say that the subject has been respecting its payments and commercial commitments, so credit connections with this company are recommended.
All the amounts are express in Euros, otherwise you will be advised
Management Bodies
|
ANTONIO FERREIRA PEREIRA |
Managing-Partner |
Legal Structure
|
Registed on the Register Record Office of Felgueiras with
the Register Number 501118624 previous number 339 in 11-02-1981 |
|
Constitution celebrated in 10-11-1980 published on Diário da
República number 276 of 28-11-1980 |
|
To oblige the company it is necessary 1 signatures |
|
Changes to Society |
|
In 11-10-1999 on Diário da República number 299 of
27-12-1999 social change |
|
In 10-05-1999 on Diário da República number 17 of 21-01-2000
manager change |
Capital
The Capital is 249.398,95
with the following
distribution
|
ANTONIO FERREIRA PEREIRA |
224.459,05 |
90% |
|
MARLENE HELENA RODRIGUES PEREIRA |
12.469,95 |
5% |
|
BRUNO JOSE RODRIGUES PEREIRA |
12.469,95 |
5% |
Biographies
|
Name |
ANTONIO FERREIRA PEREIRA |
|
Funtion |
Managing-Partner |
|
Address |
Quinta do Outeiro - Santa Margarida |
|
Locality |
Lousada |
|
Birth Date |
09-11-1950 |
|
Civil State |
Married |
|
Consort |
Maria Glória Fernandes Rodrigues |
|
Professional
Connections |
The subject has connections with the following company
(ies) |
|
|
QUINTA DA BARRIMAU-IMOBILIARIA SA as Board of Director's
President . |
|
|
|
|
Name |
MARLENE HELENA RODRIGUES PEREIRA |
|
Funtion |
Partner |
|
Address |
Rua Doutora Dulce Barros Moura, Lote 22 |
|
Locality |
Felgueiras |
|
Birth Date |
02-01-1976 |
|
Civil State |
Unmarried |
|
Professional
Connections |
The subject has connections with the following company
(ies) |
|
|
QUINTA DA BARRIMAU-IMOBILIARIA SA as Administrator . |
|
|
KNOWBEST UNIPESSOAL LDA as Managing-Partner with a
participation of 5.000,00 , in a capital of 5.000,00 . |
|
|
GRUPS-PARTICIPACOES IMOVEIS E SERVICOS SA as Board of
Director's President . |
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COSTA FERNANDES & REIS SA as Administrator . |
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|
|
|
Name |
BRUNO JOSE RODRIGUES PEREIRA |
|
Funtion |
Partner |
|
Address |
Rua Dr. Basílio Ribeiro Leite de Vasconcelo |
|
Locality |
Felgueiras |
|
Professional
Connections |
The subject has connections with the following company
(ies) |
|
|
QUINTA DA BARRIMAU-IMOBILIARIA SA as Administrator . |
|
|
COSTA FERNANDES & REIS SA as Administrator . |
|
|
BRUNO PEREIRA-TRADING UNIPESSOAL LDA as Managing-Partner with
a participation of 5.000,00 , in a capital of 5.000,00 . |
Activities
|
Line of Business |
Percentage |
|
Indústria de calçado |
100% |
|
Type of Clients |
Retailers/Wholesalers |
|
|
|
Sales Conditions |
Cash/credit |
|
|
|
Trade Marks |
|
Arlito Shoes |
Denominations
Fábrica de Calçado Arlitó
Banks and Financial Institutions
|
CAIXA GERAL DE DEPOSITOS, SA |
Centro de Empresas de Felgueiras |
|
MILLENNIUM BCP |
Fafe |
|
CAIXA DE CREDITO AGRICOLA MUTUO |
Felgueiras |
Incidents
There are no of incidents on
our database
Employees
|
Total |
120 |
|
|
|
|
|
|
Vehicles
|
Trade Mark |
Quantity |
License Number |
|
Peugeot |
1 |
JT-59-63 |
|
Toyota Dyna |
1 |
TM-57-03 |
|
BMW |
1 |
40-60-PF |
|
BMW |
1 |
51-81-NF |
|
Porshe |
1 |
91-25-QQ |
|
Renault "Traffic" |
1 |
JI-44-34 |
|
Renault |
1 |
OE-72-25 |
|
Ford Transit |
1 |
25-94-AE |
|
BMW |
1 |
43-14-PO |
|
Mitsubishi |
1 |
55-72-EE |
Insurance
Liberty Seguros SA
Head Office and Installations
Had head office Lugar dos
Carvalhinhos - Margaride, Felgueiras, 4610, FELGUEIRAS
Head office and installations
owned with an area of 2.000 m2 Lugar da Igreja, Torrados, 4650-591, TORRADOS,
Tel:255340620, Fax:255340641
Financial Demonstration SNC
|
Balance Sheet SNC |
||
|
CoinEURO |
|
Date31-12-2011 |
|
|
||
|
Closing Date |
31-12-2011 |
31-12-2010 |
31-12-2009 |
Variação (%) |
|
ASSET |
|
|||
|
Non-current assets |
|
|||
|
Tangible fixed assets |
1.341.882,17 |
1.284.819,05 |
1.277.798,80 |
4,44 |
|
Intangible assets |
2.088,72 |
3.516,30 |
5.616,14 |
(40,60) |
|
Financial participations - patrimonial equity method |
3.806.291,80 |
|
|
|
|
Financial participations - other methods |
|
2.806.291,80 |
1.910.498,80 |
|
|
Total |
5.150.262,69 |
4.094.627,15 |
3.193.913,74 |
25,78 |
|
|
|
|
|
|
|
Current assets |
|
|
||
|
Inventories |
1.317.643,89 |
1.608.657,78 |
1.107.969,53 |
(18,09) |
|
Costumers |
1.760.680,06 |
1.955.361,87 |
995.902,92 |
(9,96) |
|
State and other public entities |
227.857,66 |
336.397,43 |
75.558,98 |
(32,27) |
|
Other accounts receivable |
331.528,12 |
294.222,21 |
231.269,99 |
12,68 |
|
Deferrals |
8.335,28 |
10.880,82 |
10.796,60 |
(23,39) |
|
Cashier and bank deposits |
671.248,16 |
288.531,05 |
477.625,76 |
132,64 |
|
Total |
4.317.293,17 |
4.494.051,16 |
2.899.123,78 |
(3,93) |
|
TOTAL ASSET |
9.467.555,86 |
8.588.678,31 |
6.093.037,52 |
10,23 |
|
|
|
|
|
|
|
SHAREHOLDERS FUNDS AND LIABILITIES |
|
|
||
|
|
|
|
|
|
|
SHAREHOLDERS FUNDS |
|
|
||
|
Capital |
249.398,96 |
249.398,96 |
249.398,96 |
|
|
Legal reserves |
33.749,35 |
32.966,35 |
31.123,85 |
2,38 |
|
Other reserves |
956.802,44 |
941.929,02 |
906.921,53 |
1,58 |
|
Net retained |
261.169,09 |
261.169,09 |
221.498,69 |
|
|
Total |
1.501.119,84 |
1.485.463,42 |
1.408.943,03 |
1,05 |
|
Net income for the period |
32.004,04 |
15.656,42 |
77.193,21 |
104,41 |
|
TOTAL OF SHAREHOLDERS FUNDS |
1.533.123,88 |
1.501.119,84 |
1.486.136,24 |
2,13 |
|
|
|
|
|
|
|
LIABILITY |
|
|
||
|
|
|
|
|
|
|
Non-current liiabilities |
|
|
||
|
Financing obtained |
1.875.000,00 |
2.125.000,00 |
875.000,00 |
(11,76) |
|
Diferred taxes liabilities |
607,80 |
906,08 |
600,74 |
(32,92) |
|
Total |
1.875.607,80 |
2.125.906,08 |
875.600,74 |
(11,77) |
|
|
|
|
|
|
|
Current liabilities |
|
|
||
|
Suppliers |
2.866.154,17 |
1.981.458,33 |
825.587,32 |
44,65 |
|
State and other public entities |
121.020,76 |
69.647,27 |
63.194,35 |
73,76 |
|
Shareholders/partners |
421.570,69 |
782.471,55 |
1.180.004,39 |
(46,12) |
|
Financing obtained |
2.282.154,24 |
1.935.768,02 |
1.478.739,80 |
17,89 |
|
Other payable accounts |
367.924,32 |
192.307,22 |
183.774,68 |
91,32 |
|
Total |
6.058.824,18 |
4.961.652,39 |
3.731.300,54 |
22,11 |
|
TOTAL LIABILITIES |
7.934.431,98 |
7.087.558,47 |
4.606.901,28 |
11,95 |
|
TOTAL SHAREHOLDERS FUNDS AND LIABILITIES |
9.467.555,86 |
8.588.678,31 |
6.093.037,52 |
10,23 |
|
|
|
|
|
|
|
INCOME STATEMENT |
|
|
||
|
|
|
|
|
|
|
INCOME AND EXPENSES |
|
|
||
|
Sales and services |
13.449.459,36 |
7.632.180,70 |
5.903.046,60 |
76,22 |
|
Variation in production inventories |
(170.729,06) |
89.352,38 |
72.176,81 |
(291,07) |
|
Cost of goods sold and materials consumed |
7.404.789,61 |
4.440.490,17 |
3.373.833,20 |
66,76 |
|
Suppliers and external services |
3.480.731,57 |
1.715.559,25 |
978.161,83 |
102,89 |
|
Personnel costs |
1.681.813,09 |
1.290.712,35 |
1.315.890,86 |
30,30 |
|
Other income and gains |
96.214,37 |
99.292,82 |
63.416,62 |
(3,10) |
|
Other expenses and losses |
457.282,52 |
205.512,68 |
117.249,97 |
122,51 |
|
Result before depreciation, financing costs and taxes |
350.327,88 |
168.551,45 |
253.504,17 |
107,85 |
|
Expenses/reversals of depreciation and amortization |
82.641,46 |
67.727,37 |
85.438,65 |
22,02 |
|
Operating result (before financing costs and taxes) |
267.686,42 |
100.824,08 |
168.065,52 |
165,50 |
|
Interest and similar income obtained |
1.026,87 |
4.000,00 |
70,66 |
(74,33) |
|
interest and similar expenses incurred |
169.632,43 |
67.767,22 |
73.394,62 |
150,32 |
|
Net before taxes |
99.080,86 |
37.056,86 |
94.741,56 |
167,38 |
|
Income tax of the period |
67.076,82 |
21.400,44 |
17.548,35 |
213,44 |
|
Net profit for the period |
32.004,04 |
15.656,42 |
77.193,21 |
104,41 |
|
Results of discontinued operations (net of taxes)
included in the net icome of the period |
|
15.656,42 |
77.193,21 |
|
RATIOS SNC
|
Closing Date |
31-12-2011 |
31-12-2010 |
31-12-2009 |
|
|
TURNOVER RATIOS |
|
|||
|
Shareholder's Funds
Profitability |
0,021 |
0,01 |
0,052 |
|
|
Assets Profitability |
0,028 |
0,012 |
0,028 |
|
|
Sales Net Profitability |
0,002 |
0,002 |
0,013 |
|
|
|
|
|
|
|
|
EFFICIENCY RATIOS |
|
|
||
|
Medium Term Receivable |
47,782 |
93,513 |
61,579 |
|
|
Asset Rotation |
1,421 |
0,889 |
0,969 |
|
|
|
|
|
|
|
|
PRODUCTIVITY RATIOS |
|
|
||
|
Productivity |
3,594 |
2,473 |
1,922 |
|
|
|
|
|
|
|
|
SHORT TERM RATIOS |
|
|
||
|
General Liquidity |
0,713 |
0,906 |
0,777 |
|
|
Reduced Liquidity |
0,495 |
0,582 |
0,48 |
|
|
Immediate Liquidity |
0,111 |
0,058 |
0,128 |
|
|
|
|
|
|
|
|
MEDIUM LONG TERM RATIOS |
|
|
||
|
Financial Autonomy |
0,162 |
0,175 |
0,244 |
|
|
Solvability |
0,193 |
0,212 |
0,323 |
|
|
Borrowed Capital Structure
|
0,764 |
0,7 |
0,81 |
|
|
General Debt |
2,712 |
2,705 |
1,584 |
|
|
Medium Long Term Debt |
1,223 |
1,416 |
0,589 |
|
|
Debt Structure |
0,764 |
0,7 |
0,81 |
|
|
Capital Structure |
0,817 |
0,706 |
1,697 |
|
|
|
|
|
|
|
|
Operational and Financial
Risk |
|
|
||
|
Operational Leverage Level
|
22,581 |
31,656 |
15,049 |
|
|
Financial Leverage Level |
2,702 |
2,721 |
1,774 |
|
|
Combined Leverage Level |
61,014 |
86,136 |
26,697 |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.96 |
|
UK Pound |
1 |
Rs.88.23 |
|
Euro |
1 |
Rs.71.92 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.