MIRA INFORM REPORT

 

 

Report Date :

24.07.2014

 

IDENTIFICATION DETAILS

 

Name :

BETHA BRAZIL - COMERCIAL IMPORTADORA E EXPORTADORA LTDA EPP

 

 

Registered Office :

Rua P-9, Nº. 163, Quadra P-64, Lote 17 C Setor Funcionários, Zip Code 74543-030 - Goiânia/Go

 

 

Country :

Brazil

 

 

Date of Incorporation :

18.05.2005

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Importer, exporter and wholesaler of General Goods.

 

(We tried to confirm / obtain the detailed activity but the same is not available from any sources.)

 

 

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 :

---

 

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 31, 2014

 

Country Name

Previous Rating

(31.12.2013)

Current Rating

(31.03.2014)

Brazil

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderate Low Risk

 

B1

Moderate Risk

 

B2

Moderate High Risk

 

C1

High Risk

 

C2

Very High Risk

 

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

 

BETHA BRAZIL - COMERCIAL IMPORTADORA E EXPORTADORA LTDA EPP

 

 

Company ADDRESSES

 

MAIN ADDRESS:

RUA P-9, Nº. 163, QUADRA P-64, LOTE 17 C SETOR FUNCIONÁRIOS

ZIP CODE/CITY:

74543-030 - GOIÂNIA/GO

 

BRANCHES:

NOT AVAILABLE.

 

 

LEGAL DATA

 

MAIN ACTIVITIES:

IMPORT, EXPORT AND WHOLESALE OF GENERAL GOODS.

 

LEGAL FORM:

LIMITED LIABILITY COMPANY

 

 

INCORPORATION DATE:

18/05/2005

REGISTER DATE:

18/05/2005

BALANCE SHEET FILING DATE:

31/12

TAX CONTRIBUTOR NUMBER(CNPJ):

07.416.377/0001-75

STATE REGISTER:

10.392937-1

 

 

SHARE CAPITAL:

R$ 120.000,00

 

BOARD OF DIRECTORS:

 

 

 

BRUNO ALVIM MOURA

MANAGING PARTNER

REINALDO PIRES MOREIRA

MANAGING PARTNER

HEINE HENRIQUE BITTES BORGES

MANAGING PARTNER

 

 

AUTHORIZED USE OF SIGNATURE

 

THE MANAGING PARTNERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY.

 

SHAREHOLDERS / PARTNERS:

 

 

 

RONALDO LANNA SANTIAGO

33,3%

BRUNO ALVIM MOURA

33,3%

HEINE HENRIQUE BITTES BORGES

16,6%

REINALDO PIRES MOREIRA

16,6%

 

AFFILIATES / SUBSIDIARIES:

 

 

 

A SCAN THROUGH OUTSIDE SOURCES SHOWED THE SUBJECT AND/OR PARTNERS HAS/HAVE THE FOLLOWING UNCONFIRMED HOLDINGS:

 

 

PREMIER COM IMPORTAÇÃO E EXPORTAÇÃO LTDA EPP

 

CONSERV ADMINISTRADORA DE CONDOMÍNIOS LTDA

 

LINK TRADE BRAZIL COML EXPORTADORA LTDA

 

PIRES MOREIRA ASSOCIADOS LTDA

 

BORGES ADMINISTRAÇÃO DE SERVIÇOS PÓSTUMOS LTDA ME

 

CENTRO NORTE IMPORTADORA E ATACADISTA LTDA

 

ALPHA BRAZIL COMERCIO EXTERIOR LTDA ME

 

ALPHA COMEX SERVIÇOS ADMINISTRATIVOS EPP

 

GENESIS CONSULTORIA E INFORMÁTICA LTDA

 

 

 

COMPANY'S BACKGROUND

 

PUBLIC INFORMATION:

 

NO DETRIMENTAL FILES WERE FOUND.

 

FINANCIAL INFORMATION

 

THE SUBJECT IS A LIMITED LIABILITY COMPANY AND IS NOT OBLIGED TO PUBLISH THE BALANCE SHEET INFORMATION. WHEN INTERVIEWED THE SOURCES AT THE SUBJECT WE WERE INFORMED THAT THEY WOULD NOT PROVIDE ANY FINANCIAL FIGURE PER POLICY.

 

OUR INVESTIGATION THROUGH THE OUTSIDE SOURCES SHOWED NO FINANCIAL DATA ABOUT THE SUBJECT.

 

EXCHANGE RATE:

 

 

US$ 1,00 = R$ 2,22

 - OFFICIAL RATE ON 21/07/2014

 

COMMENTS ON THE FINANCIAL INFORMATION:

 

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.

 

 

BANKING REFERENCES

 

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 NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682 BRAZILIAN CENTRAL BANK").

 

ACTIVITIES COMMENTS

 

IMPORT, EXPORT AND WHOLESALE OF GENERAL GOODS.

 

IMPORT AND EXPORT:

 

IMPORTS FROM:

NOT AVAILABLE.

 

EXPORTS TO:

NOT AVAILABLE.

 

MAIN CLIENTS:

 

 

 

 

 

DOMESTIC CLIENTS:

 

 

NOT AVAILABLE

 

 

 

STAFF:

 

   NOT AVAILABLE

 

 

CONCEPT AND FULFILMENT

 

THE SUBJECT WAS ESTABLISHED IN 2005. SO FAR IT HAS A TRADE HISTORY 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.

 

 

 

FINAL OPINION

 

AS SUBJECT WAS NOT LOCATED AND NO FURTHER INFORMATION ABOUT IT IS AVAILABLE WE ARE UNABLE TO RECOMMEND BUSINESS DEALINGS WITH THIS COMPANY.

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.60.18

UK Pound

1

Rs.102.68

Euro

1

Rs.81.03

 

 

INFORMATION DETAILS

 

Analysis Done by :

SUB

 

 

Report Prepared by :

MNL

 

 

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%)

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.