MIRA INFORM REPORT

 

 

Report No. :

331475

Report Date :

11.07.2015

 

IDENTIFICATION DETAILS

 

Name :

TROP COMÉRCIO EXTERIOR LTDA

 

 

Registered Office :

Avenida João Baptista Parra,633 ,Edifício.Enseada Office, Sala 702 - Praia Do Suá, 29052-123 - Vitória/Es

 

 

Country :

Brazil

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

05.03.1996

 

 

Legal Form :

Limited liability company

 

 

Line of Business :

Wholesale, import and export of products.

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

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

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

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. Since 2008, Brazil became a net external creditor and all three of the major 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. After reaching historic lows of 4.5% in early 2014, the unemployment rate remains low, but is rising. Brazil's traditionally high level of income inequality has declined for each of the last 15 years. GDP growth has slowed since 2011, due to several factors, including: overdependence on exports of raw commodities, low productivity, high operational costs, persistently high inflation, and low levels of investment. Brazil’s fiscal and current account balances have eroded during the past four years as the government attempted to boost economic growth through targeted tax cuts for industry and incentives to spur household consumption. After winning re-election in October 2014 by a historically narrow margin, President Dilma ROUSSEFF appointed a new economic team led by Finance Minister Joaquim LEVY, who introduced a fiscal austerity package intended to restore the primary account surplus to 1.2% of GDP and preserve the country’s investment-grade sovereign credit rating. Brazil seeks to strengthen its workforce and its economy over the long run by imposing local content and technology transfer requirements on foreign businesses, by investing in education through social programs such as Bolsa Familia and the Brazil Science Mobility Program, and by investing in research in the areas of space, nanotechnology, healthcare, and energy.

 

 

Source : CIA

 

 

COMpany name

 

TROP COMÉRCIO EXTERIOR LTDA

 

 

ADDRESSES

 

MAIN ADDRESS:

AVENIDA JOÃO BAPTISTA PARRA,633 ,EDIFÍCIO.ENSEADA OFFICE, SALA 702 - PRAIA DO SUÁ

ZIP CODE/CITY:

29052-123 - VITÓRIA/ES

 

 

PHONE:

27 3224-2424

FAX:

27 3224-2424

E-MAIL:

vanildo@comexport.com.br

WEB SITE:

www.comexport.com.br

 

BRANCHES:

 

 

 

ADDRESS:

RUA JOÃO BAUER,498 - SALAS 802, 803 E 804 - CENTRO

ZIP CODE/CITY:

88301-500 ITAJAÍ/SC

PHONE:

47 3045-3888

CNPJ:

01.135.153/0003-70

STATE REGISTER:

255.182.929

 

 

ADDRESS:

AVENIDA DAS NAÇÕES UNIDAS,10989 - 12º ANDAR - CONJ. 121 - VILA OLIMPIA

ZIP CODE/CITY:

04578-900 SÃO PAULO/SP

PHONE:

11 2162-1414

CNPJ:

01.135.153/0002-90

STATE REGISTER:

114.959.788.117

 

 

ADDRESS:

RUA CARLOS GOMES,121 - LOJA 1 - MADALENA

ZIP CODE/CITY:

50720-110 RECIFE/PE

CNPJ:

01.135.153/0004-51

STATE REGISTER:

037793780

 

 

ADDRESS:

RODOVIA BR 101 - NORTE CONTORNO - KM 281,3 - ARMAZÉM 8 - PORTO ENGENHO

ZIP CODE/CITY:

29158-001 CARIACICA/ES

CNPJ:

01.135.153/0006-13

STATE REGISTER:

082692947

 

 

ADDRESS:

AVENIDA LO-03 - Nº.,89 - CENTRO COMERCIAL WILSON VAZ - 104 SUL - PLANO DIRETOR SUL

ZIP CODE/CITY:

77020-028 PALMAS/TO

CNPJ:

01.135.153/0005-32

STATE REGISTER:

29421789-4

 

 

ADDRESS:

RUA DAS PERNAMBUCANAS,407 SALA 901 - BAIRRO DAS GRAÇAS

ZIP CODE/CITY:

52011-180 RECIFE/PE

 

 

ADDRESS:

AVENIDA MAX LEBOWSKI, S/Nº,0 - ROCIO GRANDE

ZIP CODE/CITY:

89240-000 SÃO FRANCISCO DO SUL/SC

 

 

ADDRESS:

AVENIDA NOSSA SENHORA DE FATIMA,1843 SALA 114 - TORRE

ZIP CODE/CITY:

58040-380 JÃO PESSOA/PB

 

 

ADDRESS:

AV MARQUES DE OLINDA,126 , 5º ANDAR

ZIP CODE/CITY:

50030-901 RECIFE/PE

 

 

LEGAL DATA

 

MAIN ACTIVITIES:

 

WHOLESALE, IMPORT AND EXPORT OF PRODUCTS.

 

LEGAL FORM:

LIMITED LIABILITY COMPANY

 

 

INCORPORATION DATE:

05/03/1996

REGISTER DATE:

09/04/1996

BALANCE SHEET FILING DATE:

31/12

TAX CONTRIBUTOR NUMBER(CNPJ):

01.135.153/0001-09

STATE REGISTER:

081.799.46-2

 

 

SHARE CAPITAL:

R$ 2.700.000,00

LAST REGISTER OF CAPITAL:

26/05/2004

 

BOARD OF DIRECTORS:

 

 

 

ALAN GOLDLUST

PRESIDENT DIRECTOR

ROBERTO AMADEU MILANI

VICE-PRESIDENT DIRECTOR

LUIZ FERNANDO BRAGA

COMMERCIAL DIRECTOR

DANIEL SALDANHA DE AZEVEDO SANTOS

DIRECTOR

RODRIGO PIMENTEAL TEIXEIRA

COMMERCIAL DIRECTOR

FERNANDO BERZOINI SMITH

COMMERCIAL DIRECTOR

MARCUS VINICIUS PRATINI DE MORAES FILHO

COMMERCIAL DIRECTOR

ANTONIO CLAUDIO LACERDA SIMOES CARVALHO

DIRECTOR

JULIANO SIMONETTI LEFEVRE

COMMERCIAL DIRECTOR

HAROLDO DE MORAES FILHO

DIRECTOR

SÉRGIO VLADIMIRSCHI JUNIOR

DIRECTOR

 

 

AUTHORIZED USE OF SIGNATURE

 

THE DIRECTORS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY.

 

SHAREHOLDERS / PARTNERS:

 

 

 

COMEXPORT COMPANHIA DE COMERCIO EXTERIOR

R$ 2.690.000,00

ANTONIO CLAUDIO LACERDA SIMOES CARVALHO

R$ 1.000,00

RODRIGO PIMENTEAL TEIXEIRA

R$ 1.000,00

FERNANDO BERZOINI SMITH

R$ 1.000,00

HAROLDO MORAES FILHO

R$ 1.000,00

MARCUS VINICIUS PRATINNI DE MORAES FILHO

R$ 1.000,00

LUIZ FERNANDO BRAGA

R$ 1.000,00

ALAN GOLDLUST

R$ 1.000,00

VLAD PARTICIPAÇÕES LTDA

R$ 1.000,00

ROBERTO AMADEU MILANI

R$ 1.000,00

JULIANO SIMONETTI LEFEVRE

R$ 1.000,00

DANIEL SALDANHA DE AZEVEDO SANTOS

R$ 1.000,00

 

AFFILIATES / SUBSIDIARIES:

A SCAN THROUGH OUTSIDE SOURCES SHOWED THE SUBJECT AND/OR DIRECTORS HAS/HAVE THE FOLLOWING UNCONFIRMED HOLDINGS:

 

CONSORCIO FLUORESCENTE

COLORMAQ IMPORTADORA E EXPORTADORA LTDA

FERTILOG INDUSTRIA E COMERCIO DE FERTILIZANTES

PONTO.LOG ARMAZENS GERAIS LTDA

SANSALAR COMERCIO EXTERIOR LTDA

MAS TRADE BRASIL PARTICIPAÇÕES LTDA

AORI PARTICIPAÇÕES LTDA

SAMA DISTRIBUIDORA LTDA

KALIUM CHEMICAL COM IMP EXPORTAÇÃO LTDA

GRN PARTICIPAÇÕES LTDA

GRUNTERS PARTICIPAÇÕES LTDA

 

 

COMPANY'S BACKGROUND

 

THE SUBJECT WAS ESTABLISHED ON MARCH 05, 1996 AS COMEXPORT TRADING LTDA TO BE ENGAGED IN THE SAID LINE OF BUSINESS. ON SEPTEMBER 23, 1998 IT ALTERED TO TROP COM. EXTERIOR LTDA. ON NOVEMBER 30, 1998 IT ALTERED TO TROP COMPANHIA DE COMÉRCIO EXTERIOR. ON MAY 16, 2007 IT ADOPTED THE ABOVE-MENTIONED STYLE.

 

TRADE NAME: "TROP".

 

BUSINESS ADDRESS HAS CHANGED FROM (AVENIDA JERONIMO MONTEIRO, 1000 EDIFÍCIO TRADE CENTER, SALAS 1718/1720/1722/1724 - CENTRO - VITÓRIA/ES) TO THE PRESENT REGISTERED ONE.

 

PARTNERS:

 

COMEXPORT COMPANHIA DE COMERCIO EXTERIOR: HEADQUARTERED AT AV. DAS NAÇÕES UNIDAS 10.989, 12º, CONJ 122, SÃO PAULO/SP, REGISTRATION # CNPJ 43.633.296/0001-90;

 

VLAD PARTICIPAÇÕES LTDA: REGISTRATION # CNPJ 10.212.404/0001-00, HEADQUARTERED AT AVENIDA DAS NAÇÕES UNIDAS, 10989, 14º ANDAR, CONJUNTO 141, PARTE, VILA OLIMPIA, ZIP CODE 04578-900, SÃO PAULO/SP;

 

ALAN GOLDLUST: BRAZILIAN, MARRIED, HOLDER OF DOCUMENTS CPF 084.731.328-07, RG 6.953.464-SSP/SP, RESIDENTIAL ADDRESS AT RUA PROF. ALVARO GERRA 67, SAO PAULO/SP.

 

EUGENIO FUSER JR.: BRAZILIAN, MARRIED, HOLDER OF DOCUMENTS CPF 116.823.618-53, RG 2.962.544-SSP/SP, RESIDENTIAL ADDRESS AT RUA GOMES DE CARVALHO 1050, APTO 132, SAO PAULO/SP.

 

HAROLDO MORAES FILHO: BRAZILIAN, MARRIED, HOLDER OF DOCUMENTS CPF 010.704.718-79, RG 9.748.136-SSP/SP, RESIDENTIAL ADDRESS AT RUA PEDRINHAS 65, SAO PAULO/SP.

 

RODRIGO PIMENTEAL TEIXEIRA: BRAZILIAN, DIVORCED, HOLDER OF DOCUMENTS CPF 665.925.424-0, RG 3.656.006-SSP/SP, RESIDENTIAL ADDRESS AT AV. BOA VIAGEM 666, APTO 502, RECIFE/PE.

 

FERNANDO BERZOINI SMITH: BRAZILIAN, MARRIED, HOLDER OF DOCUMENTS CPF 136.501.418-50, RG 19539204-SSP/SP, RESIDENTIAL ADDRESS AT ALAMEDA LORENA 1179, APTO 1002, SAO PAULO/SP.

 

MARCUS VINICIUS PRATINI DE MORAES FILHO: BRAZILIAN, SINGLE, ENTREPRENEUR, HOLDER OF DOCUMENTS RG 38.474.064-9 SSP/SP AND CPF 068.844.257-92, RESIDENTIAL ADDRESS AT RUA JESUINO ARRUDA, 131, 10º ANDAR, ITAIM BIBI, ZIP CODE 04532-080, SÃO PAULO/SP;

 

LUIZ FERNANDO BRAGA: BRAZILIAN, MARRIED, ENTREPRENEUR, HOLDER OF DOCUMENTS RG 16.355.393-2 SSP/SP AND CPF 089.744.278-42, RESIDENTIAL ADDRESS AT RUA ALMEIDA GARRET, 64, ZIP CODE 05459-020, SÃO PAULO/SP;

 

ROBERO AMADEU MILANI: BRAZILIAN, MARRIED, ENTREPRENEUR, HOLDER OF DOCUMENTS RG 6.999.523-0 SSP/SP AND CPF 044.464.488-11, RESIDENTIAL ADDRESS AT RUA SEVERO DUMONT, 77, ZIP CODE 88301-302;

 

JULIANO SIMONETTI LEFEVRE: BRAZILIAN, MARRIED, ENTREPRENEUR, HOLDER OF DOCUMENTS RG 25.978.587-8 SSP/SP AND CPF 286.152.658-01, RESIDENTIAL ADDRESS AT RUA ALEIXO GARCIA, 75, APTO 73, VILA OLÍMPIA, ZIP CODE 04545-010, SÃO PAULO/SP.

 

FURTHER DETAILS ARE SO FAR NOT KNOWN.

 

REMARKS:

--------

 

WHEN CONTACTING THE SUBJECT WE INTERVIEWED MS. CLAUDIA - 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:

 

PROTESTS:

 

1  PROTEST,TOTAL AMOUNT R$ 6.452,52

 

DETAILS OF LATEST PROTESTS:

 

NOTARY OFFICE:

DATE:

VALUE:

1º CARTÓRIO DE PE-RECIFE4

13/03/2015

R$ 6.452,52

 

LAWSUITS:

 

 

 

DATE:

COURT OF LAW:

 

1

STATE LAWSUIT

03/12/13

5ª VARA DE CE-FORTALEZA

 

 

FINANCIAL INFORMATION

 

GENERAL BALANCE SHEETS AS OF 31/12/2013, 31/12/2012 AND 31/12/2011.

( FIGURES ARE IN THOUSANDS OF REAIS ).

 

ASSETS

 

 

 

CURRENT:

31/12/2013

31/12/2012

31/12/2011

 

 

 

 

CASH AND BANKS

53.108

95.164

17.604

CLIENTS

173.449

104.070

117.853

INVENTORY

166.724

184.933

191.131

RECOVERABLE TAXES

3.357

2.646

1.323

OTHER CREDITS

53.103

49.177

44.288

CREDIT WITH RELATED PARTIES

6.698

9.575

11.367

ASSETS HELD FOR SALE

1.867

1.867

 

 

----------------

----------------

----------------

TOTAL CURRENT ASSETS

458.306

447.432

383.566

 

LONG-TERM RECEIVABLES:

 

 

 

 

 

 

 

JUDICIAL DEPOSITS

3.128

1.713

1.310

INVESTMENTS

 

 

11.008

DEFERRED TAXES

8.093

11.102

7.392

 

----------------

----------------

----------------

TOTAL LONG-TERM RECEIVABLES

11.221

12.815

19.710

 

FIXED ASSETS:

 

 

 

 

 

 

 

FIXED ASSETS

278

522

690

INTANGIBLE

58

95

33

 

----------------

----------------

----------------

TOTAL FIXED ASSETS

336

617

723

 

================

================

================

TOTAL ASSETS

469.863

460.864

403.999

 

LIABILITIES:

 

 

 

CURRENT:

31/12/2013

31/12/2012

31/12/2011

 

 

 

 

SUPPLIERS

25.766

110.158

134.190

LOANS AND FINANCING

176.774

111.444

80.206

SOCIAL / LABOR OBLIGATIONS

2.998

2.632

2.444

TRIBUTARY OBLIGATIONS

18.522

23.835

15.113

ACCOUNTS PAYABLE

508

2.917

679

DEBT WITH RELATED PARTIES

 

68

8.773

OTHER DEBTS

26.017

16.081

6.152

 

----------------

----------------

----------------

TOTAL CURRENT LIABILITIES

250.585

267.135

247.557

 

LONG TERM LIABILITIES:

 

 

 

 

 

 

 

RELATED COMPANIES

22.115

26.096

25.783

LOANS AND FINANCING

25.448

29.666

30.007

PROVISION FOR CONTINGENCIES

1.684

1.684

1.360

DEFERRED TAXES

 

668

2.494

 

----------------

----------------

----------------

TOTAL LONG TERM LIABILITIES

49.247

58.114

59.644

 

NET EQUITY:

 

 

 

 

 

 

 

SHARE CAPITAL

2.700

2.700

2.700

LEGAL RESERVES

235

235

235

PROFIT RESERVES

375

375

375

ACCRUED PROFIT (LOSS)

166.720

132.306

93.488

 

----------------

----------------

----------------

TOTAL NET EQUITY

170.030

135.616

96.798

 

================

================

================

TOTAL LIABILITIES

469.862

460.865

403.999

 

PROFIT AND LOSS ACCOUNTS AS OF 31/12/2013, 31/12/2012 AND 31/12/2011.

( FIGURES ARE IN THOUSANDS OF REAIS ).

 

 

31/12/2013

31/12/2012

31/12/2011

 

 

 

 

NET SALES

1.555.471

1.248.012

1.184.641

(-) COST OF SOLD GOODS

1.440.764

1.112.177

1.040.151

 

----------------

----------------

----------------

GROSS PROFIT

114.707

135.835

144.490

OPERATING REVENUE (EXPENSE)

-27.914

-54.442

-61.932

FINANCIAL REVENUE(EXPENSE)

-20.383

-24.772

-16.816

 

----------------

----------------

----------------

OPERATIONAL PROFIT (LOSS)

66.410

56.621

65.742

CONTRIBUTION/INCOME TAX

-25.283

-17.803

-24.537

 

----------------

----------------

----------------

NET PROFIT (LOSS)

41.127

38.818

41.205

 

RATIOS:

31/12/2013

31/12/2012

31/12/2011

 

QUICK RATIO

1,16

 

,98

 

,78

 

CURRENT RATIO

1,83

 

1,67

 

1,55

 

ACCOUNTS RECEIVABLE TURNOVER

8,97

TIMES

11,99

TIMES

10,05

TIMES

DAYS' SALES IN RECEIVABLES

40,14

DAYS

30,02

DAYS

35,81

DAYS

INVENTORY TURNOVER

8,64

TIMES

6,01

TIMES

5,44

TIMES

ACCOUNTS PAYABLE PERIOD

6,44

DAYS

35,66

DAYS

46,44

DAYS

RETURN ON ASSETS

3,31

TIMES

2,71

TIMES

2,93

TIMES

SALES TURNOVER ON NET EQUITY

9,15

TIMES

9,20

TIMES

12,24

TIMES

NET WORTH TIE-UP

,00

 

,00

 

,01

 

INDEBTEDNESS

1,76

 

2,40

 

3,17

 

EQUITY RATIO

36,19

%

29,43

%

23,96

%

WORKING CAPITAL RATIO

82,89

%

67,49

%

54,94

%

GENERAL SOLVENCY

1,57

 

1,42

 

1,32

 

RETURN ON NET EQUITY

24,19

%

28,62

%

42,57

%

RETURN ON SALES (PROFIT MARGIN)

2,64

%

3,11

%

3,48

%

GROSS PROFIT MARGIN

7,37

%

10,88

%

12,20

%

OPERATIONAL RESULT

4,27

%

4,54

%

5,55

%

SALES TURNOVER ON LIABILITIES

6,21

TIMES

4,67

TIMES

4,79

TIMES

FOREIGN CURRENCY ON ASSETS

 

 

 

 

 

 

FOREIGN CURRENCY ON LIABILITIES

 

 

 

 

 

 

 

EXCHANGE RATE:

 

 

US$ 1,00 = R$ 3,18

 - OFFICIAL RATE ON 07/07/2015

US$ 1,00 = R$ 2,34

 - OFFICIAL RATE ON 31/12/2013

US$ 1,00 = R$ 2,04

 - OFFICIAL RATE ON 31/12/2012

US$ 1,00 = R$ 1,87

 - OFFICIAL RATE ON 31/12/2011

 

COMMENTS ON THE FINANCIAL INFORMATION:

 

FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS.

 

THE FIGURES AVAILABLE SHOW A SATISFACTORY FINANCIAL STANDING. THE LEVEL OF INDEBTEDNESS KEEPS VERY HIGH BUT IT HAS GOOD LIQUIDITY RATIOS AND POSITIVE WORKING CAPITAL, CONSIDERED SUFFICIENT TO COVER THE SHORT-TERM LIABILITIES. IN ADDITION, SALES GREW AND THE OPERATIONS ARE PROFITABLE.

 

REAL ESTATE:

 

  NOT AVAILABLE

 

VEHICLES:

 

   OWNED VEHICLES ARE VALUED AT R$ 120.000,00

 

MACHINES:

 

   NOT AVAILABLE

 

 

INSURANCE

 

THE SUBJECT IS SAID TO HOLD INSURANCE POLICIES BUT DETAILS WERE NOT DISCLOSED.

 

 

BANKING REFERENCES

 

 

BRANCH/PHONE:

CITY:

BANCO DO BRASIL S/A

11 2128-7163

SÃO PAULO/SP

BANCO BRADESCO S/A

11 2178-4662

SÃO PAULO/SP

BANCO DO BRASIL AG

(43-151) 266 6312

VIENA, AUSTRIA

BANCO SAFRA S/A

11 3175-8184

SÃO PAULO/SP

HSBC BANK BRASIL S/A

11 3847-5198

SÃO PAULO/SP

BANCO FIBRA S/A

11 2184-6840

SÃO PAULO/SP

BANCO ABC BRASIL S/A

11 3170-2232

SÃO PAULO/SP

BANCO ITAÚ BBA

11 3708-8104

SÃO PAULO/SP

BANCO SANTANDER (BRASIL) S/A

11 5538-5828

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").

 

 

ACTIVITIES COMMENTS

 

THE SUBJECT IS ENGAGED IN THE WHOLESALE, IMPORT AND EXPORT OF FOOD PRODUCTS AND PHARMACEUTICALS, SPORT GOODS AND WEARING APPAREL, STATIONERY AND TOYS, FABRICS, YARNS, FOOTWEAR AND LEATHER ARTICLES, HYGIENE, CLEANING AND BEAUTY PRODUCTS, MEDICAMENTS, PERFUMERY AND COSMETICS, PLANTS, FLOWERS AND SEEDS, BOOKS, MAGAZINES, FURNITURE AND UTENSILS, MACHINERY, PARTS, TIRES, TRACTORS, MOTOR VEHICLES, AGRICULTURAL IMPLEMENTS, SHIPS, AIRCRAFTS, HELICOPTERS, CONSTRUCTION MATERIALS.

 

IMPORT AND EXPORT:

 

   IMPORTS FROM:

CZECH REPUBLIC, AUSTRIA, GERMANY, KOREA, ENGLAND, INDIA, RUSSIA, CHINA, POLAND, UNITED STATES, BELGIUM, ARGENTINA, ITALY AND OTHERS.

 

   EXPORTS TO:

NOT AVAILABLE.

 

MAIN CLIENTS:

 

 

 

 

 

DOMESTIC CLIENTS:

 

 

AGENDAS POMBO LEDIBERG LTDA

 

 

ALCATEL TELECOMUNICAÇÕES S/A

 

 

ALL -AMERICA LATINA LOGISTICA

 

 

APPLE DO BRASIL

 

 

BFR -BRASIL FERROVIAS

 

 

BUNGE FERTILIZANTES

 

 

CARGIL FERFILIZANTES

 

 

ELGIM S/A

 

 

ELUMA S/A

 

 

FAX POINT IND IMP E EXPORTAÇÃO LTDA

 

 

FERTILIZANTES HERINGER

 

 

INGRAM MICRO DO BRASIL LTDA

 

 

RIO DE JANEIRO RESFRECOS S/A

 

 

SOLECTRON INDÚSTRIA E COMÉRCIO

 

 

TECELAGEM HUDTELFA LTDA

 

 

VICUNHA TEXTIL S/A

 

 

 

STAFF:

 

   NOT AVAILABLE

 

 

CONCEPT AND FULFILMENT

 

THE SUBJECT WAS ESTABLISHED IN 1996. SO FAR IT OPERATES WITH HIGH SCALE OF ACTIVITIES, A CLEAR TRADE HISTORY AND NO PAYMENT PROBLEMS ARE NOTED.

 

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 AS THE SUBJECT'S MAIN SUPPLIERS ARE FOREIGN COMPANIES.

 

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. NEVERTHELESS WE POINT OUT THAT THE SAID LAWSUIT DOES NOT AFFECT THE COMPANY'S TRADE REPUTATION.

 

THE PROTEST IS IRRELEVANT.

 

MAIN SUPPLIERS:

 

 

 

 

 

DOMESTIC SUPPLIERS:

 

 

VALE S/A

 

 

 

FOREIGN SUPPLIERS:

COUNTRY:

 

ALCATEL BELL N V S A

BELGIUM

 

DELTA COMPRESION SRL

ARGENTINA

 

EMC IRELAND

IRELAND

 

LEDIBERG SPA

ITALY

 

LI PENG ENTERPRISE CO

CHINA

 

MORAVIA STEEL AS

CZECH REPUBLIC

 

PLASSER & THEURER

AUSTRIA

 

PULAWY SA ZAKLADY AZOTOWE

POLAND

 

RAFAMET

GEMANY

 

RELIANCE INDUSTRIES LTD

INDIA

 

ROBEL BAUHMASCHINEM GMBH

GERMANY/AUSTRIA

 

SINORAILS - CHINA RAILWAY MATERIALS AND SUPPLY CO

CHINA

 

SOLECTRON INTERNACIONAL DISTRIBUTION INC

UNITED STATES

 

TAE KWANG IND CO LTD

KOREA

 

TRACKMOBILE

ENGLAND

 

ZHEJIANG YUANDONG NEW POLYESTER CO LTD

CHINA

 

 

PAYMENT HISTORY:

 

3 SUPPLIERS REPORTED PAYMENTS:

   TOTAL AMOUNT:  R$ 13.179,00

 

AMOUNT OF INVOICES PAID: 7

TOTAL OF PROMPT PAYMENTS: 83,6%

TOTAL OF DELAYED PAYMENTS: 16,4%

 

HIGHEST INVOICE: R$ 9.436,00

HIGHEST CREDIT: R$ 9.436,00

 

 

FINAL OPINION

 

THE SUBJECT HAS BEEN IN BUSINESS SINCE 1996. UP TO DATE IT HAS CLEAR TRADE HISTORY AND NO ADVERSE INFORMATION IS NOTED.

 

BASED ON THE GENERAL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN TERMS AND AMOUNTS ADEQUATE TO THE COMPANY'S FINANCIAL STRENGTH.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.38

UK Pound

1

Rs.97.65

Euro

1

Rs.70.43

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

VNT

 

               

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.