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Report No. : |
335092 |
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Report Date : |
07.08.2015 |
IDENTIFICATION DETAILS
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Name : |
AGROGRAIN LTD |
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Registered Office : |
Brigadier
General Juan Antonio Lavalleja (Ruta 8) 9065, Montevideo, Montevideo, 91600 |
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Country : |
Uruguay |
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Date of Incorporation : |
02.02.2010 |
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Legal Form : |
Limited
Company |
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Line of Business : |
Subject is involved in the export of farm supplies like Wheat, soybeans, corn and soybean meal. |
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No. of Employee : |
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 : |
Small Company |
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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, 2015
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Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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Uruguay |
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 |
URUGUAY - ECONOMIC OVERVIEW
Uruguay has a free market economy characterized by an export-oriented agricultural sector, a well-educated work force, and high levels of social spending. Following financial difficulties in the late 1990s and early 2000s, economic growth for Uruguay averaged 8% annually during the period 2004-08. The 2008-09 global financial crisis put a brake on Uruguay's vigorous growth, which decelerated to 2.6% in 2009. Nevertheless, the country managed to avoid a recession and keep positive growth rates, mainly through higher public expenditure and investment, and GDP growth reached 8.9% in 2010 but slowed in 2012-13, the result of a renewed slowdown in the global economy and in Uruguay's main trade partners and Common Market of the South (Mercosur) counterparts, Argentina and Brazil. Uruguay has sought to expand trade within Mercosur and with non-Mercosur members, and President-elect Tabare VAZQUEZ has said he will maintain his predecessor’s mix of pro-market policies and a strong social safety net.
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Source
: CIA |
STATUTORY INFORMATION
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Legal Name: |
AGROGRAIN LTD |
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Trade Name: |
AGROGRAIN LTD SUCURSAL URUGUAY |
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RUC: |
2.16454E+11 |
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Date Created: |
2010 |
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Date Incorporated: |
02/02/2010 |
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Legal Address: |
Brigadier General Juan Antonio Lavalleja (Ruta 8)
9065 |
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Montevideo, Montevideo, 91600
Uruguay |
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Operative Address: |
Brigadier General Juan Antonio Lavalleja (Ruta 8)
9065 |
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Montevideo, Montevideo, 91600
Uruguay |
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Telephone: |
2 518 7800 |
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Fax: |
2 518 7800 |
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Legal Form: |
Limited Company |
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Email: |
NA |
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Registered in: |
Uruguay |
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Website: |
NA |
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Contact: |
Celia Terra, Manager |
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Staff: |
5 |
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Activity: |
Agrochemical Industry |
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BANKS
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Banco Central de Uruguay |
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The company does not make its banking data public |
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History
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The
company was established in 2010. |
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PRINCIPAL ACTIVITY
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The company
is involved in the export of farm supplies |
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Products/Services description: |
Wheat, soybeans, corn and soybean meal |
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Brands: |
ADM |
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Sales are: |
Wholesale |
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Clients: |
C.I SOCIEDAD INDUSTRIAL DE GRASAS VEGETALES SIGRA
S.A |
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Colombia |
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C. I. ADM COLOMBIA LTDA |
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Colombia |
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Tonon Bioenergia S.A |
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Luxembourg |
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CPW MEXICO S DE RL DE CV |
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Mexico |
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Suppliers: |
MSU AGROPY SA |
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Paraguay |
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ADM PARAGUAY SA |
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Paraguay |
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Operations area: |
National and International |
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The company imports from |
Paraguay |
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The company exports to |
Latin America |
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The subject employs |
5 |
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Payments: |
Regular |
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LOCATION
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Headquarters : |
Brigadier General Juan Antonio Lavalleja (Ruta 8)
9065 |
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Montevideo, Montevideo, 91600
Uruguay |
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Branches: |
The company does not have branches |
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Related Companies: |
ADM Uruguay |
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GROUP STRUCTURE
AND SUBSIDIARY COMPANIES
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
This is a private company. Major holder, according
to our search would be: |
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ADM Do Brasil LTDA |
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Brazil |
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Management: |
Celia María Ponce Terra, Manager |
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Related Companies: |
AGROGRAIN LTD SUCURSAL URUGUAY |
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CNPJ 13.614.787/0001-23 |
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AVENIDA LUIS ALBERTO DE
HERRERA, 1248, S/N |
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Bairro null |
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CEP |
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ADM Worldwide Holdings LP (A) |
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Cayman Islands |
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Archer Daniels Midland Europe
BV (B) |
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Netherlands |
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ADM Canadian Holdings BV (C) |
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Netherlands |
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ADM Agri-Industries Company
(D) |
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Canada |
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ADM Do Brasil LTDA (E) |
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Brazil |
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Agrograin LTD (F) |
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Cayman Islands |
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ADM International Sarl (G) |
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Switzerland |
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ADM Alfred C Toepfer
International BV - Rotterdam (H) |
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Netherlands |
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FINANCIAL INFORMATION
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This is a private company which does not make its
financial figures public. |
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Despite our long search, we could not confirm
financial figures for the subject. |
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ADM do Brasil Ltda. USD 2014 |
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Revenue |
$4,686.16 |
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Net Income |
$9.57 |
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Total Equity |
$563.39 |
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LEGAL FILINGS
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There are no legal filed for the subject |
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SUMMARY
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The company is involved in the export of farm
supplies It has a small sized structure and 5 years of
experience in the market. The company is owned by ADM, and is mainly involved
in export trade. The company has a low commercial profile. However,
shows no negative. |
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RISK INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
Regular |
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CASH FLOW |
Normal |
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STATUS |
Active |
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INTERVIEW |
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NAME |
NA |
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POSITION |
Administrative |
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COMMENTS |
She confirmed manager, legal name, RUC,
incorporation date, activity. She refused to confirm more information. |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.76 |
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1 |
Rs.99.60 |
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Euro |
1 |
Rs.69.71 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
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|
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Report Prepared
by : |
ASH |
RATING EXPLANATIONS
|
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.