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Report Date : |
28.05.2014 |
IDENTIFICATION DETAILS
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Name : |
SUPRIR INDUSTRIA DE METAIS LTDA |
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Registered Office : |
Rdovia Anhanguera, S/Nº. KM,307 - Recreio Anhanguera, 14093-500 - Ribeirão PRETO/SP |
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Country : |
Brazil |
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Date of Incorporation : |
11.01.1990 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Manufacturer and Trader of Hoses, Straps and Steel Products in General |
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No of Employees : |
Not Available |
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 : |
Exist |
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 (30.09.2013) |
Current Rating (01.12.2013) |
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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, 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
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Source
: CIA |
SUPRIR INDUSTRIA DE METAIS
LTDA
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MAIN ADDRESS: |
RDOVIA ANHANGUERA, S/Nº. KM,307 - RECREIO ANHANGUERA |
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ZIP CODE/CITY: |
14093-500 - RIBEIRÃO PRETO/SP |
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PHONE: |
16 2102-6500 |
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FAX: |
16 2102-6535 |
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E-MAIL: |
lucianamarzola@suprir.com.br |
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WEB SITE: |
www.suprir.com.br |
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BRANCHES: |
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NOT AVAILABLE. |
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MAIN ACTIVITIES: |
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MANUFACTURE AND TRADE OF HOSES, STRAPS AND STEEL MATERIAL. |
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LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
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INCORPORATION DATE: |
11/01/1990 |
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REGISTER DATE: |
11/01/1990 |
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BALANCE SHEET FILING DATE: |
31/12 |
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TAX CONTRIBUTOR NUMBER(CNPJ): |
62.145.453/0001-63 |
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STATE REGISTER: |
582.267.604.113 |
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SHARE CAPITAL: |
R$ 8.914.000,00 |
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LAST REGISTER OF CAPITAL: |
11/04/2011 |
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BOARD OF
DIRECTORS: |
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FRANCISCO ELIAS DOS SANTOS FILHO |
MANAGING PARTNER |
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FRANCISCO ANTONIO CARREIRA |
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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FRANCISCO ELIAS DOS SANTOS FILHO |
50% |
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FRANCISCO ANTONIO CARREIRA |
50% |
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AFFILIATES /
SUBSIDIARIES: |
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A SCAN THROUGH OUTSIDE
SOURCES SHOWED THE SUBJECT AND/OR DIRECTORS HAS/HAVE THE FOLLOWING
UNCONFIRMED HOLDINGS: |
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FACEM EMPREENDIMENTOS E PARTICIPACOES LTDA |
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PANDA CONEXOES SANITARIAS LTDA |
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SUPRIR INDUSTRIA DE METAIS LTDA |
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FESEM EMPREENDIMENTOS E PARTICIPACOES LTDA |
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THE SUBJECT WAS ESTABLISHED ON JANUARY 11, 1990 AS SUPRIR COMÉRCIO E
REPRESENTAÇÕES LTDA. TO BE ENGAGED IN THE SAID LINE OF BUSINESS. IN JANUARY, 1995
IT ALTERED TO SUPRIR IMPORTAÇÃO E COMÉRCIO LTDA. IN NOVEMBER 2007 IT ADOPTED
THE ABOVE MENTIONED NAME AND UP TO DATE IT IS STILL OPERATING WITHIN THE
GENERAL SCENE REPORTED HEREIN. PARTNERS: FRANCISCO ELIAS DOS SANTOS FILHO: BRAZILIAN, HOLDER OF DOCUMENTS RG
14020646 /SP, CPF 26.594.528-30, RESIDENTIAL ADDRESS AT RUA MIGUEL DIB 80,
CITY RIBEIRÃO PRETO/SP. FRANCISCO ANTONIO CARREIRA: BRAZILIAN, HOLDER OF DOCUMENTS RG 7562093
/SP, CPF 745.136.138-15, RESIDENTIAL ADDRESS AT CONDOMINIO GENOVA S/N CASA 62,
D, RIBEIRÃO PRETO/SP. PREVIOUS NAMES: SUPRIR COMERCIO E REPRESENTAÇÕES LTDA SUPRIR DISTRIBUIÇÃO COMERCIO E REPRESENTAÇÕES LTDA SUBJECT HAS TAKEN OVER THE COMPANY PANDA CONEXÕES SANITARIAS LTDA. FURTHER DETAILS ARE SO FAR NOT KNOWN. REMARKS: -------- WHEN CONTACTING THE SUBJECT WE INTERVIEWED MR. LUCIANA, ACCOUNTANT,
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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LAWSUITS: |
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DATE: |
COURT OF LAW: |
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1 |
MONITORY SUIT |
23/02/10 |
1ª VARA DE ITAPEVI/SP |
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1 |
STATE LAWSUIT |
19/07/12 |
1ª VARA DE RIBEIRAO PRETO/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 AS THEY ARE STILL NOT
AUTHORIZED TO DO SO. OUR INVESTIGATION THROUGH THE OUTSIDE SOURCES SHOWED NO FINANCIAL DATA
ABOUT THE SUBJECT. |
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EXCHANGE RATE: |
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US$ 1,00 = R$ 2,21 |
- OFFICIAL RATE ON 21/05/2014 |
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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
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 NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682 BRAZILIAN CENTRAL BANK").
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MANUFACTURE AND TRADE OF HOSES, STRAPS AND STEEL PRODUCTS IN GENERAL. |
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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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NOT AVAILABLE |
THE SUBJECT WAS ESTABLISHED IN 1990. SO FAR IT HAS A CLEAR TRADE HISTORY AND NORMAL PAYMENT BEHAVIOR.
THE COMPANY HAS TRADE RELATIONS WITH SOME LOCAL SUPPLIERS BUT UP TO DATE ONLY SMALL PAYMENTS WERE REPORTED AND THE SUBJECT IS NOT SAID TO BE USER OF TRADE CREDIT FACILITIES.
THE LAWSUITS REPORTED ARE NOT RELATED WITH TRADE DEBTS. THEY ARE RELATED TO TAX DEBTS THAT FOR ANY REASON THE COMPANY HAS NOT YET PAID. NEVERTHELESS WE POINT OUT THAT THE SAID LAWSUITS DO NOT AFFECT THE COMPANY'S TRADE REPUTATION.
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MAIN SUPPLIERS: |
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DOMESTIC
SUPPLIERS: |
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FEIRABOR LTDA |
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METALURGICA SÃO RAPHAEL LTDA |
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PRENSSO MAQUINAS LTDA - EPP |
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RODOCERTO TRANSPORTES LTDA |
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SERRAMETAL ACOS ESPECIAIS LTDA |
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PAYMENT HISTORY: |
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7 SUPPLIERS REPORTED PAYMENTS: |
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TOTAL AMOUNT: R$ 53.626,00 |
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AMOUNT OF INVOICES PAID: 36 |
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TOTAL OF PROMPT PAYMENTS: 100% |
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HIGHEST INVOICE: R$ 7.431,00 |
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HIGHEST CREDIT: R$ 7.431,00 |
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
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Indian Rupees |
|
US Dollar |
1 |
Rs. 59.05 |
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|
1 |
Rs. 99.61 |
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Euro |
1 |
Rs. 80.60 |
INFORMATION DETAILS
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Analysis Done by
: |
KRN |
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Report Prepared
by : |
DPT |
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 |
-- |
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.