MIRA INFORM REPORT

 

 

Report Date :

05.12.2014

 

IDENTIFICATION DETAILS

 

Name :

MALHARIA CRISTINA LTDA

 

 

Registered Office :

Rua Dr. Pedro Zimmermann,2833 - Itoupava Central, 89066-000 - Blumenau/Sc

 

 

Country :

Brazil

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

01.03.1970

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacture of Textiles.

 

 

No of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

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 1, 2014

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

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, and a rapidly expanding middle class, 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 in 2011-13. 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.

 

Source : CIA

Company Name

 

MALHARIA CRISTINA LTDA

 

 

ADDRESSES

 

MAIN ADDRESS:

RUA DR. PEDRO ZIMMERMANN,2833 - ITOUPAVA CENTRAL

ZIP CODE/CITY:

89066-000 - BLUMENAU/SC

 

 

PHONE:

47 3221-4000

FAX:

47 3221-4000

E-MAIL:

dayana.day@cristina.com.br

WEB SITE:

www.cristina.com.br

 

BRANCHES:

 

 

 

ADDRESS:

RODOVIA BR 470, Nº,300 LOJA 109 - SALTO DO NORTE

ZIP CODE/CITY:

89065-800 BLUMENAU/SC

CNPJ:

82.663.337/0014-68

 

 

ADDRESS:

RUA 7 DE SETEMBRO,1213 LOJA 71 - CENTRO

ZIP CODE/CITY:

89010203 BLUMENAU/SC

CNPJ:

82.663.337/0020-06

 

 

ADDRESS:

AV SANTA CATARINA,1 LOJA 27 - BAIRRO DOS ESTADOS

ZIP CODE/CITY:

88339-005 BALNEÁRIO CAMBORIÚ/SC

CNPJ:

82.663.337/0016-20

 

 

ADDRESS:

RUA DR. JOÃO COLLIN,222 - CENTRO

ZIP CODE/CITY:

89201-300 JOINVILLE/SC

CNPJ:

82.663.337/0015-49

 

FURTHER TO THE ABOVE THE COMPANY ALSO HAS OTHER 06 BRANCHES LOCATED IN: BLUMENAU/SC, JOINVILLE/SC, BRUSQUE/SC, PORTO ALEGRE/RS AND CÃO JOSÉ SC.

 

LEGAL DATA

 

MAIN ACTIVITIES:

 

MANUFACTURE OF TEXTILES

 

LEGAL FORM:

LIMITED LIABILITY COMPANY

 

 

INCORPORATION DATE:

01/03/1970

REGISTER DATE:

10/03/1970

BALANCE SHEET FILING DATE:

31/12

TAX CONTRIBUTOR NUMBER(CNPJ):

82.663.337/0001-43

STATE REGISTER:

250.127.024

 

 

SHARE CAPITAL:

R$ 368.000,00

 

BOARD OF DIRECTORS:

 

 

 

SANDRA SABBAGH DA SILVA

MANAGER

PIERRE SABBAGH

MANAGER

ROSANA SABBAGH DIAS DO NASCIMENTO

MANAGER

CRISTINA SABBAGH

MANAGER

 

AUTHORIZED USE OF SIGNATURE

 

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

 

SHAREHOLDERS / PARTNERS:

 

 

 

CMR PARTICIPAÇÕES LTDA

R$ 35.770,00

BBS PARTICIPAÇÕES LTDA

R$ 148.229,00

BPW PARTICIPAÇÕES LTDA

R$ 35.770,00

SSS PARTICIPAÇÕES LTDA

R$ 148.230,00

SABBAGH INCORPORAÇÕES E PARTICIPAÇÕES LTDA

R$ 1,00

 

AFFILIATES / SUBSIDIARIES:

 

 

 

MCS TEXTIL LTDA

 

TEXTIL CRISTINA LTDA

 

GMC COMERCIO DE ROUPAS LTDA

 

SABBACH INCORPORAÇÕES E PARTICIPAÇÕES LTDA

 

 

COMPANY'S BACKGROUND

 

THE SUBJECT WAS ESTABLISHED ON MARCH 1, 1970 TO BE ENGAGED IN THE SAID LINE OF BUSINESS AND UP TO DATE IT IS STILL OPERATING WITHIN THE GENERAL SCENE REPORTED HEREIN.

 

THE COMPANY OPERATES WITH THE TRADE NAME, CRISTINA MALHAS.

 

PARTNERS:

 

SSS PARTICIPAÇÕES LTDA: A LIMITED LIABILITY COMPANY, ENROLLED WITH THE FEDERAL TAXPAYER´S # CNPJ 11.683.592/0001-00, WITH HEAD OFFICE AT ALAMEDA ERICH KARMANN, 252, BAIRRO VORSTADR - BLUMENAU/SC. HEREIN REPRESENTED BY ITS LEGAL REPRESENTATIVE MS. SANDRA SABBAGH DA SILVA, BRAZILIAN, MARRIED, HOLDER OF DOCUMENTS, RG 3/C 1.635.699 SSP/SC AND CPF 547.733.859-87, RESIDENTIAL ADDRESS AT ALAMEDA ERICH KARMANN, 252, BAIRRO VORSTADT - BLUMENAU/SC;

 

BBS PARTICIPAÇÕES LTDA: A LIMITED LIABILITY COMPANY, ENROLLED WITH THE FEDERAL TAXPAYER´S # CNPJ 11.682.876/0001-81, WITH HEAD OFFICE AT RUA GUATEMALA 101, APART 1102, BAIRRO PONTA AGUDA - BLUMENAU/SC. HEREIN REPRESENTED BY ITS LEGAL REPRESENTATIVE MR. PIERRE SABBAGH, BRAZILIAN, MARRIED, HOLDER OF DOCUMENTS, RG 3/R 2.020.481 SSP/SC AND CPF 700.721.759-15, RESIDENTIAL ADDRESS AT ALAMEDA ADOLFO SCHMALZ, 17, BAIRRO VORSTADT - BLUMENAU/SC;

 

CMR PARTICIPAÇÕES LTDA: A LIMITED LIABILITY COMPANY, ENROLLED WITH THE FEDERAL TAXPAYER´S # CNPJ 11.689.035/0001-04, WITH HEAD OFFICE AT RUA GUATEMALA 101, APART 1102, BAIRRO PONTA AGUDA - BLUMENAU/SC. HEREIN REPRESENTED BY ITS LEGAL REPRESENTATIVE MS. CRISTINA SABBAGH, BRAZILIAN, MARRIED, HOLDER OF DOCUMENTS, RG 3/R 2.020.481 SSP/SC AND CPF 700.721.759-15, RESIDENTIAL ADDRESS AT ALAMEDA ADOLFO SCHMALZ, 17, BAIRRO VORSTADT - BLUMENAU/SC;

 

BPW PARTICIPAÇÕES LTDA: A LIMITED LIABILITY COMPANY, ENROLLED WITH THE FEDERAL TAXPAYER´S # CNPJ 11.683.602/0001-07, WITH HEAD OFFICE AT ALAMEDA OSWALDO OLINGER, 93, BAIRRO VORSTADR - BLUMENAU/SC. HEREIN REPRESENTED BY ITS LEGAL REPRESENTATIVE MS. ROSANA SABBAGH DIAS DO NASCIMENTO, BRAZILIAN, MARRIED, HOLDER OF DOCUMENTS, RG 3/R 2.020.479 SSP/SC AND CPF 745.417.149-49, RESIDENTIAL ADDRESS AT ALAMEDA OSWALDO OLINGER, 93, BAIRRO VORSTADR - BLUMENAU/SC;

 

SABBAGH INCORPORAÇÕES E PARTICIPAÇÕES LTDA: A LIMITED LIABILITY COMPANY, ENROLLED WITH THE FEDERAL TAXPAYER´S # CNPJ 78.852.225/0001-63, WITH HEAD OFFICE AT RUA DR. PEDRO ZIMMERMANN, 2833, SALA 01, BAIRRO ITOUPAVA CENTRAL - BLUMENAU/SC. HEREIN REPRESENTED BY ITS LEGAL REPRESENTATIVES MS. SANDRA SABBAGH DA SILVA; AND PIERRE SABBAGH, AS ABOVE MENTIONED.

 

FURTHER DETAILS ARE SO FAR NOT KNOWN.

 

REMARKS:

--------

 

WHEN CONTACTING THE SUBJECT WE INTERVIEWED MR. DAYANA, 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.

 

PUBLIC INFORMATION:

 

NO DETRIMENTAL FILES WERE FOUND.

 

FINANCIAL INFORMATION

 

GENERAL BALANCE SHEETS AS OF 31/12/2011 AND 31/12/2010.

( FIGURES ARE IN REAIS ).

 

ASSETS

 

 

 

CURRENT:

31/12/2011

31/12/2010

 

 

 

 

 

CASH AND BANKS

2.104.394,95

2.246.272,32

 

CLIENTS

16.992.103,51

15.844.701,53

 

DOUBTFUL DEBTORS

-471.059,14

-816.095,42

 

ADVANCE TO EMPLOYEES

189.940,73

122.882,66

 

ADVANCE TO SUPPLIERS

2.045.495,94

688.072,81

 

RECOVERABLE TAXES

1.374.911,80

1.227.639,14

 

INTERCOMPANY CREDITS

2.000,00

2.000,00

 

INVENTORY

15.095.357,72

14.814.272,23

 

PRE PAID EXPENSES

22.043,57

55.554,53

 

 

----------------

----------------

 

TOTAL CURRENT ASSETS

37.355.189,08

34.185.299,80

 

 

LONG-TERM RECEIVABLES:

 

 

 

 

 

 

 

JUDICIAL DEPOSITS

147.554,20

778.683,45

 

RECOVERABLE TAXES

25.957,66

41.820,95

 

OTHER CREDITS

55.512,10

 

 

 

----------------

----------------

 

TOTAL LONG-TERM RECEIVABLES

229.023,96

820.504,40

 

 

FIXED ASSETS:

 

 

 

 

 

 

 

INVESTMENTS

144.309,19

144.309,19

 

FIXED ASSETS

14.647.343,08

15.287.587,30

 

INTANGIBLE

72.109,78

29.778,61

 

 

----------------

----------------

 

TOTAL FIXED ASSETS

14.863.762,05

15.461.675,10

 

 

================

================

 

TOTAL ASSETS

52.447.975,09

50.467.479,30

 

 

LIABILITIES:

 

 

 

CURRENT:

31/12/2011

31/12/2010

 

 

 

 

 

SUPPLIERS

6.235.129,91

4.978.657,85

 

LOANS AND FINANCING

10.953.304,61

10.022.325,79

 

LABOR OBLIGATIONS

245.684,09

239.559,72

 

SOCIAL OBLIGATIONS

521.657,13

539.197,83

 

LABOR PROVISIONS

793.932,32

757.252,61

 

TRIBUTARY OBLIGATIONS

1.640.843,87

1.304.395,32

 

OTHER

1.299.459,29

1.268.163,87

 

 

----------------

----------------

 

TOTAL CURRENT LIABILITIES

21.690.011,22

19.109.552,99

 

 

LONG TERM LIABILITIES:

 

 

 

 

 

 

 

INSTALLMENTS TAXES PAYABLE

2.451.451,99

4.192.023,71

 

LOANS AND FINANCING

2.040.465,71

2.415.373,68

 

DEBT WITH PARTNERS

282.421,71

282.421,71

 

 

----------------

----------------

 

TOTAL LONG TERM LIABILITIES

4.774.339,41

6.889.819,10

 

 

NET EQUITY:

 

 

 

 

 

 

 

SHARE CAPITAL

2.387.000,00

2.387.000,00

 

CAPITAL RESERVES

10.686.565,40

6.773.352,89

 

REVALUATION RESERVES

12.290.185,88

12.290.185,88

 

ACCRUED PROFIT (LOSS)

619.873,18

3.017.568,44

 

 

----------------

----------------

 

TOTAL NET EQUITY

25.983.624,46

24.468.107,21

 

 

================

================

 

TOTAL LIABILITIES

52.447.975,09

50.467.479,30

 

 

PROFIT AND LOSS ACCOUNTS AS OF 31/12/2011 AND 31/12/2010.

( FIGURES ARE IN REAIS ).

 

 

31/12/2011

31/12/2010

 

 

 

 

 

GROSS SALES

61.963.513,14

58.820.763,23

 

(-) TAXES ON SALES

13.779.212,11

12.805.915,47

 

 

----------------

----------------

 

NET SALES

48.184.301,03

46.014.847,76

 

(-) COST OF SOLD GOODS

29.039.278,12

27.596.569,82

 

 

----------------

----------------

 

GROSS PROFIT

19.145.022,91

18.418.277,94

 

OPERATING REVENUE (EXPENSE)

-13.093.293,21

-13.003.136,28

 

FINANCIAL REVENUE(EXPENSE)

-3.032.632,80

-1.727.242,48

 

 

----------------

----------------

 

OPERATIONAL PROFIT (LOSS)

3.019.096,90

3.687.899,18

 

 

----------------

----------------

 

NET PROFIT (LOSS)

3.019.096,90

3.687.899,18

 

 

MONTHLY SALES

 

  2010

 

 

 

---------------------

 

 

JANUARY

R$ 2.195.260,67

 

 

FEBRUARY

R$ 2.676.316,11

 

 

MARCH

R$ 4.679.398,26

 

 

APRIL

R$ 5.539.429,63

 

 

MAY

 

 

 

JUNE

 

 

 

JULY

 

 

 

AUGUST

 

 

 

SEPTEMBER

 

 

 

OCTOBER

 

 

 

NOVEMBER

 

 

 

DECEMBER

 

 

 

TOTAL

R$ 15.090.404,67

 

 

 

RATIOS:

31/12/2011

31/12/2010

 

 

QUICK RATIO

1,03

 

1,01

 

 

 

CURRENT RATIO

1,72

 

1,79

 

 

 

ACCOUNTS RECEIVABLE TURNOVER

2,84

TIMES

2,90

TIMES

 

 

DAYS' SALES IN RECEIVABLES

126,95

DAYS

123,96

DAYS

 

 

INVENTORY TURNOVER

1,92

TIMES

1,86

TIMES

 

 

ACCOUNTS PAYABLE PERIOD

77,30

DAYS

64,95

DAYS

 

 

RETURN ON ASSETS

,92

TIMES

,91

TIMES

 

 

SALES TURNOVER ON NET EQUITY

1,85

TIMES

1,88

TIMES

 

 

NET WORTH TIE-UP

,56

 

,62

 

 

 

INDEBTEDNESS

1,02

 

1,06

 

 

 

EQUITY RATIO

49,54

%

48,48

%

 

 

WORKING CAPITAL RATIO

72,22

%

78,89

%

 

 

GENERAL SOLVENCY

1,98

 

1,94

 

 

 

RETURN ON NET EQUITY

11,62

%

15,07

%

 

 

RETURN ON SALES (PROFIT MARGIN)

6,27

%

8,01

%

 

 

GROSS PROFIT MARGIN

39,73

%

40,03

%

 

 

OPERATIONAL RESULT

6,27

%

8,01

%

 

 

SALES TURNOVER ON LIABILITIES

2,22

TIMES

2,41

TIMES

 

 

FOREIGN CURRENCY ON ASSETS

 

 

 

 

 

 

FOREIGN CURRENCY ON LIABILITIES

 

 

 

 

 

 

 

EXCHANGE RATE:

 

 

US$ 1,00 = R$ 2,56

 - OFFICIAL RATE ON 03/12/2014

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 FIGURES AVAILABLE SHOW A SATISFACTORY FINANCIAL STANDING. THE LEVEL OF INDEBTEDNESS IS SOMEHOW HIGH BUT IT IS NOTED GOOD LIQUIDITY RATIOS AND POSITIVE WORKING CAPITAL AMOUNT. IN ADDITION IT IS NOTED GROWING SALES AND MADE PROFIT.

 

IN THE ABSENCE OF UPDATED FINANCIAL INFORMATION NO COMMENTS CAN BE MADE ABOUT THE SUBJECT’S CURRENT FINANCIAL STANDING.

 

REAL ESTATE:

 

   OWNED PREMISES ARE VALUED AT R$ 13.745.754,46

 

DETAIL OF OWNED REAL ESTATE:

 

QUANTITY:

1

TYPE:

PLANT

TOTAL AREA:

5.000M²

VALUE:

R$ ,00

ADDRESS:

RUA 2 DE SETEMBRO, 2660 - BLUMENAU/SC

 

 

QUANTITY:

1

TYPE:

PLANT

TOTAL AREA:

4.700M²

VALUE:

R$ ,00

ADDRESS:

RUA NOSSA SENHORA APARECIDA, 46 - BLUMENAU/SC

 

 

QUANTITY:

1

TYPE:

PLANT

TOTAL AREA:

4.000M²

VALUE:

R$ ,00

ADDRESS:

RUA LEOBERTO LEWAL

 

 

QUANTITY:

1

TYPE:

PLANT

TOTAL AREA:

14600²

VALUE:

R$ ,00

ADDRESS:

RUA DR. PEDRO ZIMMERMANN, 2833 - BLUMENAU/SC

 

VEHICLES:

 

   OWNED VEHICLES ARE VALUED AT R$ 243.039,59

 

MACHINES:

 

   OWNED MACHINES AND EQUIPMENTS ARE VALUED AT R$ 1.403.606,43

 

INSURANCE

 

INSURANCE COMPANY:

GENERALI DO BRASIL - COMPANHIA NACIONAL DE SEGUROS

COVERAGE:

SEGURO PREDIAL

EXPIRATION:

11/07/2010

VALUE:

R$ 35.000.000,00

 

BANKING REFERENCES

 

 

BRANCH/PHONE:

CITY:

HSBC BANK BRASIL S/A BANCO MULTIPLO

0398     47 2123-7243

BLUMENAU/SC

BANCO DO BRASIL S/A

3420-7      47 3321-2569

BLUMENAU/SC

BANCO BRADESCO S/A

2109      47 3338-2245

BLUMENAU/SC

BANCO SANTANDER S/A

1509  /  47 3338-2245

BLUMENAU/SC

BANCO ITAU S/A

0132     47 3321-2868

BLUMENAU/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"). DATE RESEARCHED: DECEMBER 03, 2014.

 

ACTIVITIES COMMENTS

 

 

SUBJECT IS ENGAGED IN THE MANUFACTURE OF TEXTILES

 

CRISTINA MALHAS MANUFACTURED 25 THOUSAND PIECES PER DAY, WHITH THE HELP OF THE 700 PEOPLE THAT WORK IN SEVERAL DIFFERENT SECTORS OF A 21.500M² BUILDING.

 

MARCAS REGISTRADAS:

 

BASIC STORE

UP GIRL

THE PHILIPPINES

 

 

IMPORT AND EXPORT:

 

   IMPORTS FROM:

ITALY

 

   EXPORTS TO:

ARGENTINA, CHILE, PARAGUAY AND MEXICO.

 

MAIN CLIENTS:

 

 

 

 

 

DOMESTIC CLIENTS:

 

 

4500 PEQUENOS E MÉDIOS CLIENTES PULVERIZADOS NO BRASIL

 

 

ADIDAS DO BRASIL LTDA

 

 

BROOKSFIELD

 

 

C&A MODAS LTDA

 

 

IGUASPORT S/A

 

 

JOSÉ ABRAAHÃO OTOCH & CIA LTDA

 

 

LOJAS AMERICANAS S/A

 

 

LOJAS MARISA S/A

 

 

LOJAS RENNER S/A

 

 

TAC ROUPAS LTDA

 

 

UNIÃO DE LOJAS LEADER

 

 

WAL MART S/A

 

 

Y YAMADA S/A COMERCIO E INDUSTRIA

 

 

YACHTSMAN

 

 

ZUCHI CONFECÇÕES LTDA

 

 

 

STAFF:

 

NOT AVAILABLE.

 

CONCEPT AND FULFILMENT

 

THE SUBJECT IS AN OLD-ESTABLISHED COMPANY, OPERATING SINCE 1970. SO FAR IT HAS A CLEAR TRADE HISTORY AND NO PAYMENT PROBLEMS ARE NOTED.

 

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:

BRASTEX

JOÃO PESSOA/PB

83  231-1940

CLARIANT S/A

DUQUE DE CAXIAS/RJ

 

COATS CORRENTE LTDA

 

47 331-8700

COCAIR - COOP. AGROPECUARIA INDUSTRIAL

 

44 3233-8737

COLOR QUÍMICA BRASIL LTDA

BLUMENAU/SC

 

COTONIFÍCIO KURASHIKI DO BRASIL S/A

PONTA GROSSA/PR

 

DAIWA DO BRASIL TEXTIL LTDA

 

34 3213-2313

FIAÇÃO SÃO BENTO S/A

SÃO BENTO DO SUL/SC

47  633-4522

HACO ETIQUETAS LTDA

 

47 2102-6000

HI INDUSTRIA DE ETIQUETAS

 

47 3387-8786

NISSHINBO DO BRASIL INDÚSTRIA TÊXTIL LTDA

 

19 3468-2288

NORFIL S/A

JOÃO PESSOA/PB

83  233-1686

QUIMISA S/A INDÚSTRIA E COMÉRCIO

BRUSQUE/SC

47  251-1010

UNIKITA INDÚSTRIA TÊXTIL

AMERICANA/SP

19 3468-2288

 

PAYMENT HISTORY:

 

25 SUPPLIERS REPORTED PAYMENTS:

   TOTAL AMOUNT:  R$ 2.703.752,00

 

AMOUNT OF INVOICES PAID: 2155

TOTAL OF PROMPT PAYMENTS: 99,8%

TOTAL OF DELAYED PAYMENTS: 0,2%

 

HIGHEST INVOICE: R$ 22.824,00

HIGHEST CREDIT: R$ 98.085,00

 

OUTSTANDING INVOICES DUE WITHIN THE NEXT 90 DAYS:

 

---------------------------

SUPPLIERS:

INVOICES:

TOTAL AMOUNT:

DUE WITHIN 30 DAYS

4

23

R$ 81.160,74

DUE WITHIN 60 DAYS

2

15

R$ 32.957,57

DUE WITHIN 90 DAYS

2

10

R$ 16.516,40

DUE WITHIN 90 DAYS

2

5

R$ 8.973,67

 

FINAL OPINION

 

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.

 

GIVEN THE ABSENCE OF UPDATED FINANCIAL DATA A CREDIT LIMIT OF USD 200.000,00 MAY BE CONSIDERED.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.88

UK Pound

1

Rs.97.02

Euro

1

Rs.76.13

 

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

TPT

 


 

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

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NB

                                       New Business

 

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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.