MIRA
INFORM REPORT
|
Report Date : |
21.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
FERNANDO GOMES
CELESTINO LDA |
|
|
|
|
Registered Office : |
Avenida 25 De Abril, 59, Santa Maria Da Feira, 4520-161-Santa Maria Da
Feira, Santa Maria Da Feira, Aveiro District |
|
|
|
|
Country : |
Portugal |
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|
|
|
Date of Incorporation : |
03.04.1987 |
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|
|
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Com. Reg. No.: |
501836659 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
· Wholesaler of hides and skins rental of machinery and equipment |
|
|
|
|
No of Employees : |
01 (2012) |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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|
|
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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 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Portugal |
B1 |
B1 |
|
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 |
pORTUGAL ECONOMIC OVERVIEW
Portugal has
become a diversified and increasingly service-based economy since joining the
European Community - the EU's predecessor - in 1986. Over the following two
decades, successive governments privatized many state-controlled firms and
liberalized key areas of the economy, including the financial and
telecommunications sectors. The country qualified for the Economic and Monetary
Union (EMU) in 1998 and began circulating the euro on 1 January 2002 along with
11 other EU members. The economy grew by more than the EU average for much of
the 1990s, but the rate of growth slowed in 2001-08. The economy contracted in
2009, and fell again from 2011 to 2013, as the government implemented spending
cuts and tax increases to comply with conditions of an EU-IMF financial rescue
package, signed in May 2011. Austerity measures also have contributed to record
unemployment and a wave of emigration not seen since the 1960s. Booming exports
will contribute to growth and employment in 2014, but the need to continue to
reduce private- and public-sector debt could weigh on consumption and
investment. The government of Pedro PASSOS COELHO has stated its intention to
reduce labor market rigidity, and, this, along with steps to trim the budget
deficit, could make Portugal more attractive to foreign investors. The
government reduced the budget deficit from 10.1% of GDP in 2009 to 5.1% in
2013, lower than the EU-IMF fiscal target of 5.5%. Despite these efforts,
public debt has continued to grow and, in 2013, stands among the highest in the
EU. As a result, the government may have difficulty regaining full bond market
financing when the EU-IMF financing program expires in May 2014.
|
Source
: CIA |
Identification |
|
Name |
FERNANDO GOMES
CELESTINO LDA |
|
V.A.T. Number /
NIF |
501836659 |
|
Address |
Avenida 25 de
Abril, 59 |
|
Locality |
Santa Maria Da
Feira |
|
Postal Code |
4520-161-SANTA
MARIA DA FEIRA |
|
Municipality |
SANTA MARIA DA
FEIRA |
|
District |
AVEIRO |
|
Telephone |
256373808 |
|
Fax |
256365135 |
|
E-Mail |
|
|
|
|
|
C.A.E.(Rev 3) |
46240- Wholesale
trader of skins and hides |
|
Payments |
|
Incidents |
Financial Highlights
|
|
2010 |
|
2011 |
|
2012 |
|
Net Sales |
348.232,83 |
|
439.665,45 |
|
1.210.816,70 |
|
Net Income For the Year |
8.374,22 |
|
1.990,96 |
|
1.347,42 |
|
Shareholders Funds |
64.460,48 |
|
66.451,44 |
|
67.798,86 |
|
Stocks |
336.739,24 |
|
547.853,56 |
|
392.322,80 |
|
LIABILITY |
536.074,19 |
|
729.398,98 |
|
730.823,15 |
|
ASSETS |
600.534,67 |
|
795.850,42 |
|
798.622,01 |
Business Concept
Consulted sources say that the subject has
been respecting its payments and commercial commitments, so credit connections
with this company are recommended.
Summary |
|
Legal Form |
Private Limited Company |
|
Constitution |
03-04-1987 |
|
V.A.T. Number / NIF |
501836659 |
|
Employees |
1 |
|
Capital |
150.000,00 |
|
Sales in : 31-12-2012 |
1.210.816,70 |
|
Shareholders Funds in: 31-12-2012 |
67.798,86 |
|
Actual Condition |
In activity |
Management Bodies |
|
FERNANDO GOMES CELESTINO |
Managing-Partner |
|
ROSA MARIA LEITE DOS REIS CELESTINO |
Managing-Partner |
Legal Structure |
|
Registered on the Register Record Office of
Santa Maria da Feira with the Register Number 501836659 in 03-04-1987 |
|
Constitution celebrated in 03-04-1987
published on Diário da República number 96 of 27-04-1987 |
|
To oblige the company it is necessary 1
signatures |
Changes to Society |
|
In 16-12-2013 on Portal MJ of 23-01-2014
increase of capital |
|
In 16-10-2013 on Portal MJ of 16-10-2013
business change |
Capital |
|
The Capital is 150.000,00 |
|
|
with the
following distribution |
|
PAULO RENATO LEITE CELESTINO |
1.496,40 |
0,998% |
|
FERNANDO GOMES CELESTINO |
74.251,80 |
49,501% |
|
ROSA MARIA LEITE DOS REIS CELESTINO |
74.251,80 |
49,501% |
Activities |
|
Line of Business |
Percentage |
|
Comércio por grosso de couros e peles; aluguer
de outras máquinas e equipamentos n.e. (Wholesaler of hides and skins; rental of
machinery and equipment) |
100% |
Banks and Financial Institutions |
|
MILLENNIUM BCP |
Santa Maria de Lamas Negócios |
Incidents |
|
Legal Actions |
|
Date |
Process |
Author |
Type |
Amount |
Judicial District |
Court |
Situation |
|
|
252437/11.0YIPRT |
|
Especial
Cump.Obrig. Pecuniarias DL 269/98 |
5.617,44 |
Santa Maria
Feira - Tribunal Judicial |
|
|
25-11-2011
Albino Francisco de Sousa, Filhos, Sa
Employees
|
Year |
Total |
Men |
Women |
|
|
2012 |
1 |
0 |
0% |
1 |
100% |
|
|
2011 |
1 |
0 |
0% |
1 |
100% |
|
|
2010 |
1 |
0 |
0% |
1 |
100% |
|
Head Office and Installations |
|
Head office and installations Avenida 25 de
Abril, 59, Santa Maria Da Feira, 4520-161, SANTA MARIA DA FEIRA,
Tel:256373808, Fax:256365135 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.58.75 |
|
UK Pound |
1 |
Rs.98.77 |
|
Euro |
1 |
Rs.80.53 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.