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Report Date : |
25.07.2013 |
IDENTIFICATION DETAILS
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Name : |
RFR COMÉRCIO E RECICLAGEM DE RESÍDUOS LTDA |
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Formerly Known As : |
RECIFER COMERCIO E RECICLAGEM DE METAIS LTDA |
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Registered Office : |
Rua Jose Marques Prata,105 - Vila Do Palacio, 07.034-090 -
Guarulhos/Sp |
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Country : |
Brazil |
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Date of Incorporation : |
10.11.2004 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Trade of Recycled Metals. |
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No. of Employees : |
383 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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Status : |
Moderate |
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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 – March 31st,
2013
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Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
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Brazil |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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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 |
RFR COMÉRCIO E RECICLAGEM DE RESÍDUOS LTDA.
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MAIN ADDRESS: |
RUA JOSE MARQUES PRATA,105 - VILA DO PALACIO |
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ZIP CODE/CITY: |
07.034-090 - GUARULHOS/SP |
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PHONE: |
11 2246-1350 |
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FAX: |
11 2246-1350 |
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E-MAIL: |
vanessa.financeiro@gruporfr.com.br |
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BRANCHES: |
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ADDRESS: |
RUA DOIS, LOTE,2 CHACARA RECREIO |
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ZIP CODE/CITY: |
17280-000 ARUJA/SP |
MAIN ACTIVITIES:
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TRADE OF RECYCLED METALS. |
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LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
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INCORPORATION DATE: |
10/11/2004 |
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REGISTER DATE: |
10/11/2004 |
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BALANCE SHEET FILING DATE: |
31/12 |
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TAX CONTRIBUTOR NUMBER(CNPJ): |
07.100.026/0001-50 |
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STATE REGISTER: |
336.742.199.111 |
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SHARE CAPITAL: |
R$ 3.000.000,00 |
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BOARD OF
DIRECTORS: |
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MARCOS SAMPAIO DA FONSECA |
MANAGING PARTNER |
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VIDAL DE OLIVEIRA CRUZ |
MANAGING PARTNER |
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MARCIA APARECIDA CASTILHO GONSALEZ |
MANAGING PARTNER |
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EDUARDO VICTOR LOUREIRO DOS SANTOS MONTE |
MANAGING PARTNER |
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MARCOS SERGIO BENITEZ GONZALEZ |
MANAGING PARTNER |
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AMERICO DE MORAES FILHO |
MANAGING PARTNER |
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ANTONIO MARCELO SAMPAIO DA FONSECA |
MANAGING PARTNER |
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MARCOS CARILHO CRUZ |
MANAGING PARTNER |
THE MANAGING PARTNERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY.
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SHAREHOLDERS /
PARTNERS: |
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MARCOS SAMPAIO DA FONSECA |
12,50% |
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VIDAL DE OLIVEIRA CRUZ |
12,50% |
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EDUARDO VICTOR LOUREIRO DOS SANTOS MONTE |
12,50% |
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MARCOS SERGIO BENITEZ GONZALEZ |
12,50% |
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AMERICO DE MORAES FILHO |
12,50% |
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ANTONIO MARCELO SAMPAIO DA FONSECA |
12,50% |
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MARCIA APARECIDA CASTILHO GONSALEZ |
12,50% |
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MARCOS CARILHO CRUZ |
12,50% |
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AFFILIATES /
SUBSIDIARIES: |
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A SCAN THROUGH
OUTSIDE SOURCES SHOWED THE SUBJECT AND/OR DIRECTORS HAS THE FOLLOWING
UNCONFIRMED HOLDINGS: |
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ELETROTEM COMERCIAL LTDA |
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FERVITOR COMERCIO DE FERRO E AÇO LTDA |
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SANTA BARBARA COMERCIO DE FERRO E AÇO LTDA |
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J.K. COMERCIO DE METAIS LTDA |
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RECIMESA - PRODUTOS SIDERURGICOS LTDA |
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C.B.S PRODUTOS SIDERURGICOS LTDA |
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THE SUBJECT WAS ESTABLISHED ON NOVEMBER 10, 2004 AS RECIFER COMERCIO E
RECICLAGEM DE METAIS LTDA. TO BE ENGAGED IN THE SAID LINE OF BUSINESS. LATER
IT ADOPTED THE NAME “RFR COMERCIO E RECICLAGEM DE METAIS LTDA”, AND ON MARCH
21, 2012 IT THE ABOVE MENTIONED NAME. THE COMPANY OPERATES WITH THE TRADE NAME OF "RFR RECICLAGEM" PARTNERS: MARCOS SAMPAIO DA FONSECA: BRAZILIAN, HOLDER OF DOCUMENTS CPF
134.656.508-24, RG 20192693 SP, RESIDENTIAL ADDRESS AT AV. DOS PINHEIROS 185,
ARUJA/SP. VIDAL DE OLIVEIRA CRUZ: BRAZILIAN, HOLDER OF DOCUMENTS CPF 638.020.318-49,
RESIDENTIAL ADDRESS AT PRAÇA RUBI 162, SANTANA DE PARNAIBA/SP. EDUARDO VICTOR LOUREIRO DOS SANTOS MONTE: BRAZILIAN, HOLDER OF
DOCUMENTS CPF 305.023.308-72, RESIDENTIAL ADDRESS AT SEBASTIAO PANHHOCHIA
385, GUARULHOS/SP. MARCOS SERGIO BENITEZ GONZALEZ: BRAZILIAN, HOLDER OF DOCUMENTS CPF
145.391.521-49, RESIDENTIAL ADDRESS AT RUA SOLIDONO 2315, APTO 135, SAO
PAULO/SP. AMERICO DE MORAES FILHO: BRAZILIAN, HOLDER OF DOCUMENTS CPF
658.758.508-68, RG 5668207 SP, RESIDENTIAL ADDRESS AT AV. DEPUTADO EMILIO
CARLOS 665, APTO 102, SAO PAULO/SP. ANTONIO MARCELO SAMPAIO DA FONSECA: BRAZILIAN, HOLDER OF DOCUMENTS CPF
130.224.658-58, RG 201928681 SP, RESIDENTIAL ADDRESS AT AV.DAS ACACIAS 300,
ARUJA/SP. MARCIA APARECIDA CASTILHO GONSALEZ: BRAZILIAN, HOLDER OF DOCUMENTS CPF
023.178.978-55, RG 6763700 SP, RESIDENTIAL ADDRESS AT RUA GULHERME ANNITZ 55,
APTO 2002, SAO PAULO/SP. MARCOS CARILHO CRUZ: BRAZILIAN, HOLDER OF DOCUMENTS CPF
013.004.168-82, RESIDENTIAL ADDRESS AT RUA BAHIA 253, SAO PAULO/SP. FURTHER DETAILS ARE SO FAR NOT KNOWN. REMARKS: -------- WHEN CONTACTING THE SUBJECT WE INTERVIEWED MS. JULIANA, FINANCIAL
DEPARTMENT, WHO INFORMED THAT WOULD NOT DISCLOSE ANY KIND OF INFORMATION
UNLESS THE INQUIRING PARTY'S NAME WAS DISCLOSED. IF IT IS POSSIBLE TO DISCLOSE THE NAME OF THE INTERESTED SUPPLIER OF
THE SUBJECT, WE MAY RESUME OUR CONTACTS AND TRY TO OBTAIN FURTHER
INFORMATION. THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE SOURCES, OUR
DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL SOURCES
USUALLY INVESTIGATED. |
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PUBLIC INFORMATION: |
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LAWSUITS: |
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DATE: |
COURT OF LAW: |
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1 |
FEDERAL LAWSUIT |
17/09/12 |
3ª VARA DE GUARULHOS/SP |
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1 |
STATE LAWSUIT |
13/03/09 |
2º VARA DE GUARULHOS/SP |
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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. OUTSIDE SOURCES CONTACTED SHOWED NO FINANCIAL DATA ABOUT THIS COMPANY.
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EXCHANGE RATE: |
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US$ 1,00 = R$ 2,15 |
- OFFICIAL RATE ON 11/06/2013 |
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COMMENTS ON THE
FINANCIAL INFORMATION: |
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IN THE ABSENCE OF FINANCIAL INFORMATION NO COMMENTS CAN BE MADE ABOUT
THE SUBJECT'S CURRENT FINANCIAL STANDING. |
REAL ESTATE:
NOT AVAILABLE
VEHICLES:
NOT AVAILABLE
MACHINES:
NOT AVAILABLE
INSURANCE:
NOT AVAILABLE.
NOT AVAILABLE.
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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 NOT RETURNED CHECKS UP TO
DATE. (IN THE TERMS OF "CIRCULAR 1682 BRAZILIAN CENTRAL BANK"). |
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TRADE OF RECYCLED METALS. |
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IMPORT AND
EXPORT: |
IMPORTS FROM:
NOT AVAILABLE.
EXPORTS TO:
NOT AVAILABLE.
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MAIN CLIENTS: |
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DOMESTIC
CLIENTS: |
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NOT AVAILABLE. |
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STAFF: |
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THE COMPANY HAS: 383 EMPLOYEE(S) |
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THE SUBJECT IS A WELL-ESTABLISHED COMPANY, OPERATING SINCE 2004. SO FAR
IT HAS A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOUR. 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. THE LAWSUITS REPORTED ARE NOT RELATED WITH TRADE DEBTS. THEY ARE
RELATED TO TAX DEBTS THAT FOR ANY REASON THE COMPANY HAS NOT YET PAID.
NEVERTHELESS WE POINT OUT THAT THE SAID LAWSUITS DO NOT AFFECT THE COMPANY’S
TRADE REPUTATION. |
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MAIN SUPPLIERS: |
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DOMESTIC
SUPPLIERS: |
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ALIANÇA METALURGICA S/A |
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GIMBA SUPRIM. ESCRIT. INFORMATICA LTDA |
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JKS INDUSTRIAL LTDA |
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METALURGICA LUPRENS LTDA |
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METALURGICA SÃO RAPHAEL LTDA |
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PAYMENT HISTORY:
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6 SUPPLIERS REPORTED PAYMENTS: |
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TOTAL AMOUNT: R$ 558.300,00 |
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AMOUNT OF INVOICES PAID: 148 |
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TOTAL OF PROMPT PAYMENTS: 99,6% |
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TOTAL OF DELAYED PAYMENTS: 0,4% |
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HIGHEST INVOICE: R$ 14.030,50 |
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HIGHEST CREDIT: R$ 14.030,50 |
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OUTSTANDING
INVOICES DUE WITHIN THE NEXT 30 DAYS: |
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--------------------------- |
SUPPLIERS: |
INVOICES: |
TOTAL AMOUNT: |
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DUE WITHIN 30 DAYS |
1 |
1 |
R$ 3.195,90 |
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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.59.44 |
|
UK Pound |
1 |
Rs.91.24 |
|
Euro |
1 |
Rs.78.43 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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>86 |
Aaa |
Possesses an extremely sound financial base with the
strongest capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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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.