|
Report No. : |
303115 |
|
Report Date : |
19.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
POLYCROM QUIMICA DO BRASIL LTDA |
|
|
|
|
Registered Office : |
Rua Francisca De Paula,857 - Vila Carrão 03436-000 - São Paulo/Sp |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Date of Incorporation : |
31.05.1990 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Subject is Engaged in the Distribution of Dyers and Production of
Pigment Dispersions. |
|
|
|
|
No. of Employee : |
22 |
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 |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
Brazil |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
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 |
POLYCROM QUIMICA
DO BRASIL LTDA
|
MAIN ADDRESS: |
RUA FRANCISCA DE PAULA,857 - VILA CARRÃO |
|
ZIP CODE/CITY: |
03436-000 - SÃO PAULO/SP |
|
|
|
|
PHONE: |
11 2782-2222 |
|
E-MAIL: |
|
|
WEB SITE: |
|
BRANCHES: |
|
DOES NOT HAVE. |
|
MAIN ACTIVITIES: |
|
CHEMICAL INDUSTRY. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
31/05/1990 |
|
REGISTER DATE: |
11/06/1990 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
38.896.601/0001-05 |
|
STATE REGISTER: |
112.772.653.115 |
|
|
|
|
SHARE CAPITAL: |
R$ 50.000,00 |
|
LAST REGISTER OF CAPITAL: |
27/10/1999 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
ARNALDO FLORES DA ROCHA JUNIOR |
MANAGING PARTNER |
|
IVANI TEREZINHA BODIÃO DA ROCHA |
MANAGING PARTNER |
|
THE MANAGING PARTNERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
ARNALDO FLORES DA ROCHA JUNIOR |
50% |
|
IVANI TEREZINHA BODIÃO DA ROCHA |
50% |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
DOES NOT HAVE |
|
|
THE SUBJECT WAS ESTABLISHED ON MAY 31, 1990 AS POLYCROM QUIMICA LTDA.
TO BE ENGAGED IN THE SAID LINE OF BUSINESS. ON APRIL 29, 1996 IT ALTERED TO
POLYCRON QUIMICA IMPORTACOES E COMERCIO LTDA ON OCTOBER 27, 1999 IT ADOPTED
THE ABOVE MENTIONED NAME AND UP TO DATE IT IS STILL OPERATING WITHIN THE
GENERAL SCENE REPORTED HEREIN. THE COMPANY HAS THE ISO 9001:2008 CERTIFICATION. PARTNERS: ARNALDO FLORES DA ROCHA JUNIOR: BRAZILIAN, MARRIED, HOLDER OF
DOCUMENTS CPF 052.729.758-55, RG 11.946.310-6 SSP/SP, RESIDENTIAL ADDRESS AT
RUA VINTE E NOVE DE OUTUBRO 377, APTO 152, CHÁCARA SEIS DE OUTUBRO, ZIP CODE
03510-000, SÃO PAULO/SP. IVANI TEREZINHA. BODIÃO DA ROCHA: BRAZILIAN, MARRIED, HOLDER OF
DOCUMENTS CPF 057.397.708-90, RG 11.193.020 SSP/SP, RESIDENTIAL ADDRESS AT
RUA VINTE E NOVE DE OUTUBRO 377, APTO 152, CHÁCARA SEIS DE OUTUBRO, ZIP CODE
03510-000, SÃO PAULO/SP. FURTHER DETAILS ARE SO FAR NOT KNOWN. REMARKS: -------- WHEN CONTACTING THE SUBJECT WE INTERVIEWED MR. ARNALDO FLORES, 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. |
|
PUBLIC INFORMATION: |
|
NO DETRIMENTAL FILES WERE FOUND. |
|
(RESEARCH DATE: 15/01/2015) |
|
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.
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 2,61 |
- OFFICIAL RATE ON 15/01/2015 |
|
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
|
NOT AVAILABLE. |
|
|
BRANCH/PHONE: |
CITY: |
|
BANCO DO BRASIL S/A |
VILA CARRÃO (11 296-1066) |
SÃO PAULO/SP |
|
BANCO DO ESTADO DE SÃO PAULO S/A |
VILA CARRÃO (11 294-9166) |
SÃO PAULO/SP |
|
BANCO ITAÚ S/A |
BOM RETIRO (11 3331-4985) |
SÃO PAULO/SP |
|
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"). DATE RESEARCHED: JANUARY 15, 2015. |
|
SUBJECT IS ENGAGED IN THE DISTRIBUTION OF DYERS AND PRODUCTION OF
PIGMENT DISPERSIONS. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
CHINA, INDIA AND COLOMBIA. |
EXPORTS TO:
|
BULGARIA AND ARGENTINA. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC CLIENTS: |
|
PHONE: |
|
BRASWEY S/A INDUSTRIA E COMERCIO |
|
11 5182-5500 |
|
CASTROL DO BRASIL LTDA |
|
21 598-7222 |
|
CÊRA INGLEZA IND E COM LTDA |
|
31 490-1034 |
|
DOW AGROSCIENSES INDUSTRIAL LTDA |
|
11 432-1779 |
|
HAPPY DAY IND E COMERCIO LTDA |
|
11 425-2115 |
|
SAINT-GOBAIN ABRASIVOS BRASIL LTDA |
|
11 6464-5069 |
|
STAFF: |
|
|
|
THE COMPANY HAS: 22 EMPLOYEE(S) |
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY, OPERATING SINCE 1990. SO FAR
IT HAS A CLEAR TRADE HISTORY AND MODEST PAYMENT BEHAVIOUR. 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. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
|
PHONE: |
|
BANDEIRANTE QUIMICA LTDA |
|
11 4547-9955 |
|
CIBA ESPECIALIDADES QUIMICAS LTDA |
|
11 532-7856 |
|
CLARIANT S/A |
|
11 5683-7535 |
|
DEGUSSA BRASIL LTDA |
|
11 3146-4122 |
|
FARKON COML E IMPORTADORA LTDA |
|
11 7392-3578 |
|
IMPORTADORA BRASTOKIO LTDA |
|
11 278-2888 |
|
JAGUAR IND E COM DE PLÁSTICOS LTDA |
|
11 5549-2000 |
|
MAKENI CHEMICALS COM PRODS QUIMICOS LTDA |
|
11 4360-6421 |
|
PAYMENT HISTORY: |
|
NO PAYMENT RECORD IS REGISTERED. |
|
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
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.89 |
|
|
1 |
Rs.93.92 |
|
Euro |
1 |
Rs.72.01 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
ANK |
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.