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Report Date : |
23.01.2014 |
IDENTIFICATION DETAILS
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Name : |
KONEI COMERCIAL IMPORTACAO E EXPORTACAO LTDA - EPP |
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Registered Office : |
Rua Marechal Deodoro,158 Andar 1,2 E 3 - Centro 80.010-010 Curitiba /
PR |
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Country : |
Brazil |
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Date of Incorporation : |
21.03.2007 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Retail Sale of Sporting Goods. |
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No of Employees : |
5 |
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 : |
Unknown |
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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 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
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 |
KONEI COMERCIAL IMPORTACAO E EXPORTACAO LTDA – EPP
ADDRESSES
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MAIN ADDRESS: |
RUA MARECHAL DEODORO,158 ANDAR 1,2 E 3 - CENTRO |
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ZIP CODE/CITY: |
80.010-010 - CURITIBA/PR |
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PHONE: |
41 3077-0205 |
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E-MAIL: |
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WEB SITE: |
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BRANCHES: |
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NOT AVAILABLE. |
MAIN ACTIVITIES
RETAIL SALE OF SPORTING GOODS.
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LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
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INCORPORATION DATE: |
21/03/2007 |
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REGISTER DATE: |
21/03/2007 |
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BALANCE SHEET FILING DATE: |
31/12 |
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TAX CONTRIBUTOR NUMBER(CNPJ): |
08.782.918/0001-41 |
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STATE REGISTER: |
9.055.673.494 |
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SHARE CAPITAL: |
R$ 30.000,00 |
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RENE OSVALDO VALDES CABRERA |
MANAGING PARTNER |
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CLAUDIA VALDES SORZANO |
MANAGING PARTNER |
THE MANAGING PARTNERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY.
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RENE OSVALDO VALDES CABRERA |
95% |
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CLAUDIA VALDES SORZANO |
5% |
A SCAN THROUGH OUTSIDE
SOURCES SHOWED THE SUBJECT AND/OR DIRECTORS HAS/HAVE THE FOLLOWING UNCONFIRMED
HOLDINGS:
BRINCOTECHNOLOGIES DO BRASIL IMP.EXP. COM. DE PRODUTOS LTDA
THE SUBJECT WAS ESTABLISHED ON MARCH 21, 2007 TO BE ENGAGED IN THE SAID
LINE OF BUSINESS.
BUSINESS ADDRESS HAS CHANGED FROM (RUA JOAO GUALBERTO 1731, CURITIBA/PR)
TO THE PRESENT REGISTERED ONE.
THE COMPANY OPERATES WITH THE TRADE NAME OF "BEST DEFENSE"
FURTHER DETAILS ARE SO FAR NOT KNOWN.
REMARKS:
--------
WHEN CONTACTING THE SUBJECT WE INTERVIEWED MR. SEFORA, 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.
NO DETRIMENTAL FILES WERE FOUND.
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$ 2,36 |
- OFFICIAL RATE |
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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
NOT AVAILABLE
NOT AVAILABLE.
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") DATE RESEARCHED JANUARY 14, 2014.
RETAIL SALE OF SPORTING GOODS
IMPORT AND EXPORT:
IMPORTS FROM:
NOT AVAILABLE.
EXPORTS TO:
NOT AVAILABLE
MAIN CLIENTS:
DOMESTIC CLIENTS:
NOT AVAILABLE
STAFF:
THE COMPANY HAS: 5 EMPLOYEE(S)
THE SUBJECT WAS ESTABLISHED IN 2007. SO FAR IT
HAS A CLEAR TRADE HISTORY BUT ITS PAYMENT BEHAVIOUR AND ITS REPUTATION ARE
STILL UNKNOWN FOR THE LOCAL SOURCES CONSULTED.
LITTLE OR NOTHING IS LOCALLY KNOWN OF SUBJECT AS A USER OF CREDIT
FACILITIES.
MAIN SUPPLIERS:
DOMESTIC
SUPPLIERS:
NOT AVAILABLE
PAYMENT HISTORY:
NO PAYMENT RECORD IS REGISTERED.
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. 61.92 |
|
|
1 |
Rs. 101.98 |
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Euro |
1 |
Rs. 83.92 |
INFORMATION DETAILS
|
Report Prepared
by : |
DPT |
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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.