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Report Date : |
10.05.2014 |
IDENTIFICATION DETAILS
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Name : |
EDNAH INDUSTRIA E COMERCIO DE PRODUTOS METALURGICOS LTDA - E.P.P |
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Registered Office : |
Rua Doutor Miguel Vieira Ferreira,573 - Chacaras Boa Vista Rua Doutor Miguel Vieira Ferreira,573 - Chacaras Boa Vista |
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Country : |
Brazil |
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Date of Incorporation : |
11.07.1995 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Development and manufacture of refiner plates and conical
fillings for all applications. |
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No. of Employees : |
23 |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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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 – March 31, 2014
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Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
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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 Risk |
A2 |
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Moderate Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderate High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
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 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
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Source
: CIA |
EDNAH INDUSTRIA E COMERCIO
DE PRODUTOS METALURGICOS LTDA - E.P.P
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MAIN ADDRESS: |
RUA DOUTOR MIGUEL VIEIRA FERREIRA,573 - CHACARAS BOA VISTA |
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ZIP CODE/CITY: |
13185-072 - HORTOLANDIA/SP |
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PHONE: |
19 3887-1420 |
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FAX: |
19 3887-1550 |
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E-MAIL: |
aline.silva@techmelt.com |
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WEB SITE: |
www.techmelt.com |
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BRANCHES: |
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NOT AVAILABLE |
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MAIN ACTIVITIES: |
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PRECISION METALLURGY. |
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LEGAL FORM: |
LIMITED LIABILITY COMPANY |
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INCORPORATION DATE: |
11/07/1995 |
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REGISTER DATE: |
11/07/1995 |
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BALANCE SHEET FILING DATE: |
31/12 |
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TAX CONTRIBUTOR NUMBER(CNPJ): |
00.760.296/0001-49 |
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STATE REGISTER: |
748.138.834.117 |
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SHARE CAPITAL: |
R$ 100.000,00 |
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BOARD OF DIRECTORS: |
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LUIZ CESAR GASTÃO |
MANAGING PARTNER |
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SINTYA CRISTINA GASTÃO |
MANAGING PARTNER |
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THE MANAGING PARTNERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
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SHAREHOLDERS / PARTNERS: |
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LUIZ CESAR GASTÃO |
50,00% |
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SINTYA CRISTINA GASTÃO |
50,00% |
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AFFILIATES / SUBSIDIARIES: |
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NOT AVAILABLE |
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THE SUBJECT WAS ESTABLISHED ON JULY 11, 1995 AS "VILAG COMERCIO E SERVIÇOS LTDA". TO BE ENGAGED IN THE SAID LINE OF BUSINESS. ON DECEMBER 20, 1999 IT ADOPTED THE NAME "VILAG COMERCIO E SERVIÇOS LTDA" AND ON AUGUST 07, 2007 IT ADOPTED THE ABOVE MENTIONED NAME. THE COMPANY OPERATES WITH THE TRADE NAME "TECHMELT". PARTNERS: LUIZ CESAR GASTÃO, BRAZILIAN, HOLDER OF DOCUMENTS, CPF 119.266.418-33 AND RG 19628439 SSP/SP, RESIDENTIAL ADDRESS AT RUA FRANCISCO AMENDOLA, 21, JD. PAINEIRAS - CAMPINAS/SP; SINTYA CRISTINA GASTÃO, BRAZILIAN, HOLDER OF DOCUMENTS, CPF 249.990.828-96 AND RG 1945968 SSP/SP, RESIDENTIAL ADDRESS AT RUA FRANCISCO AMENDOLA, 21, JD. PAINEIRAS - CAMPINAS/SP. FURTHER DETAILS ARE SO FAR NOT KNOWN. REMARKS: -------- WHEN CONTACTING THE SUBJECT WE INTERVIEWED MR. ELINE, 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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PROTESTS: |
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56 PROTESTS,TOTAL AMOUNT R$ 99.142,33 |
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DATE OF FIRST PROTEST: 12/2013 R$ 581,00 |
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DATE OF HIGHEST PROTEST: 04/2014 R$ 9.082,69 |
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DETAILS OF LATEST PROTESTS: |
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NOTARY OFFICE: |
DATE: |
VALUE: |
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1º CARTORIO SUMARE/SP |
25/04/2014 |
R$ 9.082,69 |
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1º CARTORIO SUMARE/SP |
14/04/2014 |
R$ 966,00 |
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1º CARTORIO SUMARE/SP |
31/03/2014 |
R$ 9.082,69 |
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1º CARTORIO SUMARE/SP |
20/03/2014 |
R$ 1.151,64 |
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1º CARTORIO SUMARE/SP |
25/02/2014 |
R$ 1.037,54 |
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LAWSUITS: |
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DATE: |
COURT OF LAW: |
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1 |
FEDERAL LAWSUIT |
01/02/13 |
2ª VARA DE HORTOLANDIA/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$ 2,22 |
- OFFICIAL RATE ON 07/05/2014 |
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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. |
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REAL ESTATE: |
NOT AVAILABLE
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VEHICLES: |
NOT AVAILABLE
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MACHINES: |
NOT AVAILABLE
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NOT AVAILABLE |
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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 NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682 BRAZILIAN CENTRAL BANK"). |
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DEVELOPMENT AND MANUFACTURE OF REFINER PLATES AND CONICAL FILLINGS FOR ALL APPLICATIONS. |
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IMPORT AND EXPORT: |
IMPORTS FROM:
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NOT AVAILABLE |
EXPORTS TO:
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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: 23 EMPLOYEE(S) |
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THE SUBJECT WAS ESTABLISHED IN 1995. IT HAS A TRADE HISTORY BLEMISHED BY SEVERAL PROTESTS, SHOWING THAT AT THAT TIME THE COMPANY FAILED TO ACCOMPLISH ITS COMMITMENTS WITH SEVERAL CREDITORS / SUPPLIERS. THE LAWSUIT REPORTED IS NOT RELATED WITH TRADE DEBT. IT IS RELATED TO TAX DEBT THAT FOR ANY REASON THE COMPANY HAS NOT YET PAID. |
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MAIN SUPPLIERS: |
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DOMESTIC SUPPLIERS: |
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NOT AVAILABLE |
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PAYMENT HISTORY: |
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2 SUPPLIERS REPORTED PAYMENTS: |
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TOTAL AMOUNT: R$ 120.076,00 |
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AMOUNT OF INVOICES PAID: 48 |
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TOTAL OF PROMPT PAYMENTS: 28,9% |
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TOTAL OF DELAYED PAYMENTS: 71,1% |
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HIGHEST INVOICE: R$ 10.494,00 |
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HIGHEST CREDIT: R$ 10.494,00 |
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BASED ON THE GENERAL INFORMATION AVAILABLE IT IS RECOMMENDED DEALING UNDER FULLY SECURED TERMS ONLY. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.60.05 |
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1 |
Rs.101.65 |
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Euro |
1 |
Rs.83.07 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
NIS |
RATING EXPLANATIONS
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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 |
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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 |
-- |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.