MIRA INFORM REPORT

 

 

Report No. :

323610

Report Date :

03.06.2015

 

IDENTIFICATION DETAILS

 

Name :

M CASSAB COMÉRCIO E INDÚSTRIA LTDA

 

 

Registered Office :

Avenida Das Nações Unidas, 20882 - Vila Almeida  04795-000 - São Paulo/Sp

 

 

Country :

Brazil

 

 

Financials (as on) :

31.12.2014

 

 

Date of Incorporation :

24.09.1974

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacture and sale of chemicals in general.

 

 

No. of Employee :

699

 

 

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 :

Slow but correct

 

 

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 – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

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. 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. Unemployment is at historic lows and Brazil's traditionally high level of income inequality has declined for each of the last 15 years. Rising inflation led the authorities to take measures to cool the economy in 2011; these actions and the deteriorating international economic situation slowed growth in 2011-14. Brazil’s fiscal and current account balances have eroded during the past three years as the government attempted to boost economic growth through targeted tax cuts for industry and incentives to spur household consumption. President Dilma ROUSSEFF has indicated that her government in her second term will pursue more austere fiscal policies to reduce these imbalances and preserve the country’s credit rating.

 

Source : CIA


Company name

 

M CASSAB COMÉRCIO E INDÚSTRIA LTDA

 

 

ADDRESSES

 

MAIN ADDRESS:

AVENIDA DAS NAÇÕES UNIDAS, 20882 - VILA ALMEIDA

ZIP CODE/CITY:

04795-000 - SÃO PAULO/SP

 

 

PHONE:

11 2162-7660

FAX:

11 2162-7788

E-MAIL:

geraldo.gonçalves@mcassab.com.br

WEB SITE:

www.mcassab.com.br

 

BRANCHES:

 

 

 

ADDRESS:

SUNTIME INTERNATIONAL MANSION 14F D,450 FU SHAN RD PUDONG

ZIP CODE/CITY:

200122 SHANGHAI / CHINA

 

 

ADDRESS:

RODOVIA BR 163,3023

ZIP CODE/CITY:

79060-230 CAMPO GRANDE/MS

 

 

ADDRESS:

RUA AMÉRICO VESPUCIO, 815 - JARDIM PLATINA

ZIP CODE/CITY:

OSASCO/SP

 

 

ADDRESS:

RUA BLUMENAU, 2020 - BARRA DO RIO

ZIP CODE/CITY:

88305-102 ITAJAÍ/SC

PHONE:

47 3246-1721

CNPJ:

49.698.723/0011-77

STATE REGISTER:

255158653

 

 

ADDRESS:

AVENIDA V, 435 - DISTRITO INDUSTRIAL

ZIP CODE/CITY:

CUIABÁ/MT

 

 

ADDRESS:

AVENIDA C-255, 270 - SETOR NOVA SUÍÇA

ZIP CODE/CITY:

GOIANIA/GO

 

 

ADDRESS:

RODOVIA BR 282, KM 500, SEDE

ZIP CODE/CITY:

89820-000 XANXERE/SC

 

 

ADDRESS:

AVENIDA EIXO DE INTEGRAÇÃO, 732 SETOR M. CASSAB BLOCO A GALPÃO A1 E A2 - MURIBECA

ZIP CODE/CITY:

54360-000 JABOATÃO DOS GUARARAPES/PE

PHONE:

81 3476-1679

FAX:

81 3476-1679

CNPJ:

49.698.723/0007-90

 

 

ADDRESS:

ANDES 1362 ESC 310

ZIP CODE/CITY:

C.P. 11.1 MOTEVIDEO / URUGUAY

 

 

ADDRESS:

RUA ARACY TANAKA BIAZETTO, 16600 PQ. INDUSTRIAL ALBINO NICOLAU SCHIMIDT

ZIP CODE/CITY:

CASCAVEL/PR

CNPJ:

496987230

 

 

ADDRESS:

ESTRADA DAS FIGUEIRAS, S/Nº. QUADRA 20, LOTE 08, SALA 6 CHÁCARAS RIO-PETRÓPOLIS

ZIP CODE/CITY:

25230-022 DUQUE DE CAXIAS/RJ

CNPJ:

49.698.723/0028-15

 

THE COMPANY ALSO HAS OTHER BRANCHES LOCATED IN VALINHOS/SP, SERRA/ES, SÃO PAULO/SP, RAFAINA/SP, JABOATÃO DOS GUARARAPES/PE, CAJAMAR/SP, ITAJAÍ/SC AND SAN ISIDRO/ARGENTINA.

 

 

LEGAL DATA

 

MAIN ACTIVITIES:

 

MANUFACTURE AND SALE OF CHEMICALS IN GENERAL.

 

LEGAL FORM:

LIMITED LIABILITY COMPANY

 

 

INCORPORATION DATE:

24/09/1974

REGISTER DATE:

24/09/1974

BALANCE SHEET FILING DATE:

31/12

TAX CONTRIBUTOR NUMBER(CNPJ):

49.698.723/0001-03

STATE REGISTER:

109.601.986.112

 

 

SHARE CAPITAL:

R$ 53.700.000,00

LAST REGISTER OF CAPITAL:

22/05/2013

 

BOARD OF DIRECTORS:

 

 

 

FABIO CUTAIT

MANAGER

CECÍLIA ELISABETH CASSAB CUTAIT

MANAGER

MÁRIO SÉRGIO CUTAIT

MANAGER

VICTOR CUTAIT NETO

MANAGER

ANDRÉ CUTAIT

MANAGER

ÂNGELA CUTAIT VASTO

MANAGER

 

 

AUTHORIZED USE OF SIGNATURE

 

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

 

SHAREHOLDERS / PARTNERS:

 

 

 

M. CASSAB HOLDING S/A

R$ 53.646.300,00

M. SHOP COMERCIAL LTDA

R$ 53.700,00

 

AFFILIATES / SUBSIDIARIES:

 

 

 

VITACHEMIE ADMINISTRADORA DE BENS LTDA

 

M. SHOP COMERCIAL LTDA

 

CAPANEMA II ADMINISTRAÇÃOLTDA

 

AGROPECUÁRIA VALE DAS GRAÇAS LTDA

 

M. CASSAB FOODS LTDA

 

M. BRINQ COMÉRCIO DE BRINQUEDOS LTDA

 

MAGOS COMÉRCIO DE UTILIDADES DOMÉSTICAS LTDA

 

 

 

COMPANY'S BACKGROUND

 

IN 1928, FOUNDED UNDER THE NAME J. CASSAB COMERCIO E INDUSTRIA, IN THE CITY OF SÃO PAULO, M. CASSAB BEGAN BY ESTABLISHING A SOLID FOUNDATION FROM WHICH TO BUILD TOWARDS THE FUTURE.

 

THAT FOUNDATION HAS BEEN THE DETERMINATION TO CONSISTENTLY PROVIDE TOP QUALITY PRODUCTS AND SERVICES IN ORDER TO WIN THE TRUST AND RESPECT FROM BOTH DOMESTIC AND INTERNATIONAL MARKETS. THE RESULT HAS BEEN SOLID GROWTH IN EVERY SECTOR OF THE COMPANY'S ACTIVITY.

 

THE STRONG LINKS FORGED AMONG SERVICES RENDERED, TOTAL QUALITY, LONG-TERM PARTNERSHIPS, NATIONAL DISTRIBUTION AND HIGHLY TRAINED PERSONNEL, HAVE BEEN THE KEYS TO THE COMPANY'S EXCEPTIONAL VITALITY.

 

THE CURRENT REGISTERED NAME WAS ADOPTED ON SEPTEMBER 24, 1974 WHEN THE SUBJECT TOOK OVER THE FORMER J. CASSAB COMERCIO E INDUSTRIA LTDA AND SO FAR IT OPERATES WITHIN THE GENERAL SCENE REPORTED HEREIN.

 

TRADE NAME: "M CASSAB".

 

PARTNERS:

 

M. CASSAB HOLDING S/A: HEADQUARTERED AT RUA LAGUNA 365, SÃO PAULO/SP, REGISTRATION # NIRE 35214086118

 

M. SHOP COMERCIAL LTDA: HEADQUARTERED AT AV. NAÇÕES UNIDAS 20882, SALA 06, SÃO PAULO/SP, REGISTRATION # NIRE 35300333772

 

FURTHER DETAILS ARE SO FAR NOT KNOWN.

 

PUBLIC INFORMATION:

 

PROTESTS:

 

2  PROTESTS,TOTAL AMOUNT R$ 6.260,13

 

DETAILS OF LATEST PROTESTS:

 

NOTARY OFFICE:

DATE:

VALUE:

1º CARTÓRIO DE SP-OSASCO

24/04/2015

R$ 1.472,10

1º CARTÓRIO DE SP-OSASCO

10/04/2015

R$ 4.788,03

 

LAWSUITS:

 

 

 

DATE:

COURT OF LAW:

 

1

STATE LAWSUIT

13/07/12

2ª VARA DE PE-JABOATÃO DOS GUARARAPES

 

 

FINANCIAL INFORMATION

 

GENERAL BALANCE SHEETS AS OF 31/12/2014, 31/12/2013 AND 31/12/2012.

( FIGURES ARE IN REAIS ).

 

ASSETS

 

 

 

CURRENT:

31/12/2014

31/12/2013

31/12/2012

 

 

 

 

CASH AND BANKS

3.168.793,00

3.238.712,00

12.407.176,00

CLIENTS

115.531.009,00

97.651.204,00

92.384.507,00

INVENTORY

152.322.439,00

159.396.400,00

116.623.601,00

ADVANCE TO SUPPLIERS

739.644,00

272.516,00

311.720,00

RECOVERABLE TAXES

22.402.143,00

21.856.619,00

18.434.712,00

BIOLOGICAL ASSETS

9.136.896,00

6.846.972,00

 

PRE PAID EXPENSES

 

 

2.753.554,00

OTHER CREDITS

14.152.670,00

6.675.177,00

 

 

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

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

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

TOTAL CURRENT ASSETS

317.453.594,00

295.937.600,00

242.915.270,00

 

LONG-TERM RECEIVABLES:

 

 

 

 

 

 

 

INTERCOMPANY CREDITS

30.384.175,00

42.739.612,00

39.703.520,00

JUDICIAL DEPOSITS

11.552.107,00

11.408.200,00

874.548,00

RECOVERABLE TAXES

12.136.198,00

9.703.423,00

9.550.263,00

DEFERRED TAXES

33.157.037,00

17.057.443,00

 

 

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

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

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

TOTAL LONG-TERM RECEIVABLES

87.229.517,00

80.908.678,00

50.128.331,00

 

FIXED ASSETS:

 

 

 

 

 

 

 

INVESTMENTS

14.166.146,00

5.759.883,00

5.934.880,00

FIXED ASSETS

69.895.371,00

49.711.266,00

32.939.250,00

INTANGIBLE

8.539.535,00

7.956.862,00

5.620.233,00

 

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

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

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

TOTAL FIXED ASSETS

92.601.052,00

63.428.011,00

44.494.363,00

 

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

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

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

TOTAL ASSETS

497.284.163,00

440.274.289,00

337.537.964,00

 

LIABILITIES:

 

 

 

CURRENT:

31/12/2014

31/12/2013

31/12/2012

 

 

 

 

SUPPLIERS

159.064.803,00

104.397.129,00

82.656.325,00

LOANS AND FINANCING

100.711.482,00

109.304.980,00

100.965.337,00

TAXES & CONTRIBUTIONS

10.594.637,00

11.972.750,00

10.182.054,00

ADVANCE FROM CLIENTS

4.446.991,00

 

2.596.410,00

DEBT WITH RELATED PARTIES

391.916,00

5.962.410,00

19.246,00

OTHER

1.276.617,00

977.525,00

142.322,00

 

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

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

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

TOTAL CURRENT LIABILITIES

276.486.446,00

232.614.794,00

196.561.694,00

 

LONG TERM LIABILITIES:

 

 

 

 

 

 

 

LOANS AND FINANCING

220.134.733,00

183.356.009,00

82.918.375,00

INSTALLMENTS TAXES PAYABLE

515.926,00

850.386,00

1.394.866,00

PROVISION FOR CONTINGENCIES

709.875,00

614.583,00

614.583,00

CREDIT FOR CAPITAL INCREASE

897.500,00

897.500,00

3.711.500,00

RELATED COMPANIES

7.968.600,00

 

 

 

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

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

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

TOTAL LONG TERM LIABILITIES

230.226.634,00

185.718.478,00

88.639.324,00

 

NET EQUITY:

 

 

 

 

 

 

 

SHARE CAPITAL

53.700.000,00

53.700.000,00

50.000.000,00

ACCRUED PROFIT (LOSS)

-61.583.657,00

-30.452.654,00

2.742.617,00

CUMULATIVE TRANSLATION ADJUSTMENT

-1.545.260,00

-1.306.329,00

-405.669,00

 

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

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

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

TOTAL NET EQUITY

-9.428.917,00

21.941.017,00

52.336.948,00

 

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

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

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

TOTAL LIABILITIES

497.284.163,00

440.274.289,00

337.537.966,00

 

PROFIT AND LOSS ACCOUNTS AS OF 31/12/2014, 31/12/2013 AND 31/12/2012.

( FIGURES ARE IN REAIS ).

 

 

31/12/2014

31/12/2013

31/12/2012

 

 

 

 

GROSS SALES

1.080.630.011,00

1.010.139.899,00

829.824.262,00

(-) TAXES ON SALES

207.915.531,00

212.907.498,00

164.853.093,00

 

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

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

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

NET SALES

872.714.480,00

797.232.401,00

664.971.169,00

(-) COST OF SOLD GOODS

739.030.883,00

670.188.443,00

540.203.013,00

 

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

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

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

GROSS PROFIT

133.683.597,00

127.043.958,00

124.768.156,00

OPERATING REVENUE (EXPENSE)

-132.746.013,00

-137.166.629,00

-110.700.272,00

FINANCIAL REVENUE(EXPENSE)

-48.168.182,00

-40.130.043,00

-12.891.552,00

 

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

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

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

OPERATIONAL PROFIT (LOSS)

-47.230.598,00

-50.252.714,00

1.176.332,00

CONTRIBUTION/INCOME TAX

16.099.595,00

17.057.443,00

-407.003,00

 

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

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

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

NET PROFIT (LOSS)

-31.131.003,00

-33.195.271,00

769.329,00

 

RATIOS:

31/12/2014

31/12/2013

31/12/2012

 

QUICK RATIO

,60

 

,59

 

,64

 

CURRENT RATIO

1,15

 

1,27

 

1,24

 

ACCOUNTS RECEIVABLE TURNOVER

7,55

TIMES

8,16

TIMES

7,20

TIMES

DAYS' SALES IN RECEIVABLES

47,66

DAYS

44,10

DAYS

50,01

DAYS

INVENTORY TURNOVER

4,85

TIMES

4,20

TIMES

4,63

TIMES

ACCOUNTS PAYABLE PERIOD

77,48

DAYS

56,08

DAYS

55,08

DAYS

RETURN ON ASSETS

1,76

TIMES

1,81

TIMES

1,97

TIMES

SALES TURNOVER ON NET EQUITY

-92,56

TIMES

36,34

TIMES

12,71

TIMES

NET WORTH TIE-UP

-7,41

 

2,27

 

,63

 

INDEBTEDNESS

-53,74

 

19,07

 

5,45

 

EQUITY RATIO

-1,90

%

4,98

%

15,51

%

WORKING CAPITAL RATIO

14,82

%

27,22

%

23,58

%

GENERAL SOLVENCY

,98

 

1,05

 

1,18

 

RETURN ON NET EQUITY

330,17

%

-151,29

%

1,47

%

RETURN ON SALES (PROFIT MARGIN)

-3,57

%

-4,16

%

,12

%

GROSS PROFIT MARGIN

15,32

%

15,94

%

18,76

%

OPERATIONAL RESULT

-5,41

%

-6,30

%

,18

%

SALES TURNOVER ON LIABILITIES

3,16

TIMES

3,43

TIMES

3,38

TIMES

FOREIGN CURRENCY ON ASSETS

 

 

 

 

 

 

FOREIGN CURRENCY ON LIABILITIES

 

 

 

 

 

 

 

 

 

EXCHANGE RATE:

 

 

US$ 1,00 = R$ 3,17

 - OFFICIAL RATE ON 28/05/2015

US$ 1,00 = R$ 2,65

 - OFFICIAL RATE ON 31/12/2014

US$ 1,00 = R$ 2,34

 - OFFICIAL RATE ON 31/12/2013

US$ 1,00 = R$ 2,04

 - OFFICIAL RATE ON 31/12/2012

 

COMMENTS ON THE FINANCIAL INFORMATION:

 

FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS.

 

THE ANNUAL FIGURES SHOW A DELICATE FINANCIAL STANDING. THE LEVEL OF INDEBTEDNESS IS VERY HIGH (WITH NEGATIVE NET EQUITY), AND MAINLY COMPRISED BY FINANCIAL AND TRADE DEBTS, ON THE OTHER HAND, HAS GOOD NORMAL RATIO AND POSITIVE WORKING CAPITAL, CONSIDERED SUFFICIENT TO COVER THE SHORT TERM DEBTS. IT SHOWS GROWING SALES BUT POSTED LOSS DRIVEN BY THE HIGH FINANCIAL EXPENSES.

 

REAL ESTATE:

 

   OWNED PREMISES ARE VALUED AT R$ 102.600.000,00

 

VEHICLES:

 

   NOT AVAILABLE

 

MACHINES:

 

   NOT AVAILABLE

 

 

INSURANCE

 

INSURANCE COMPANY:

TOKIO MARINE

COVERAGE:

VEHICLES

EXPIRATION:

26/02/2012

VALUE:

R$ 2.660.000,00

 

 

INSURANCE COMPANY:

LIBERTY

COVERAGE:

EQUITY - MULT RISK

EXPIRATION:

23/03/2012

VALUE:

R$ 167.537.000,00

 

 

INSURANCE COMPANY:

TOKIO MARINE

COVERAGE:

CARGO

EXPIRATION:

17/09/2011

VALUE:

R$ 500.000,00

 

BANKING REFERENCES

 

 

BRANCH/PHONE:

CITY:

BANCO DO BRASIL S/A

3132-1 / 11 2128-7209

SÃO PAULO/SP

BANCO BRADESCO S/A

3396-0 / 11 2178-4147

SANTO AMARO/SP

HSBC BANK BRASIL S/A

001   / 11 3847-5197

 

BANCO ITAÚ S/A

262    / 11 2172-8051

SÃO PAULO/SP

BANCO SANTANDER (BRASIL) S/A

2175   / 11 3553-2534

 

 

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 MAY 28, 2015.

 

 

ACTIVITIES COMMENTS

 

THE COMPANY IS ENGAGED IN THE MANUFACTURE AND SALES OF CHEMICALS IN GENERAL.

 

IT HAS THE FOLLOWING DIVISIONS:

 

ANIMAL NUTRITION

HUMAN NUTRITION

CHEMICAL INDUSTRY

PHARMACEUTICAL

COSMETIC

HOUSE PRODUCTS

 

 

NATIONAL INDUSTRY CLASSIFICATION CODE(S) (CNAE):

46.89-3-99 - SPECIALIZED WHOLESALE OF INTERMEDIATE CHEMICAL PRODUCTS N.E.C.

10.99-6-99 - MANUFACTURE OF FOOD PRODUCTS N.E.C.

46.34-6-03 - WHOLESALE OF FISH AND SEAFOOD

46.84-2-02 - WHOLESALE OF SOLVENTS

46.86-9-02 - WHOLESALE OF PACKAGING

 

 

IMPORT AND EXPORT:

 

   IMPORTS FROM:

INDIA, AUSTRIA, CHINA, UNITED STATES, ARGENTINA, GERMANY, DENMARK, HOLLAND, CHILE, SWEDEN, FRANCE, SINGAPORE, BELGIUM, JAPAN, TAIWAN, ENGLAND AND KOREA.

 

   EXPORTS TO:

SAUDI ARABIA, FRANCE AND PORTUGAL.

 

MAIN CLIENTS:

 

 

 

 

 

DOMESTIC CLIENTS:

 

PHONE:

B2W COMPANHIA GLOBAL DE VAREJO

 

21 2206-6321

BRF - BRASIL FOODS S/A

 

49 3533-9611

BUNGE ALIMENTOS S/A

 

47 3331-2558

COOPERATIVA LANGUIRU LTDA

 

51 3762-5600

DA BARRA ALIMENTOS LTDA

 

19 3403-2188

EMS IND. FARMACÊUTICA

 

19 3887-9978

EVIALIS DO BRASIL NUTRIÇÃO ANIMAL LTDA

 

19 3884-9850

FAST SHOP COMERCIAL LTDA

 

11 3232-3075

FATEC S/A

 

11 2168-9525

HIPERMARCAS

 

11 3238-8884

IGL

 

19 3876-7113

JBS S/A

 

17 3321-4400

JEANS STORE COMERCIAL LTDA

 

21 3326-2440

LOJAS BLUMENAU TXTIL E UTIL. LTDA

 

11 3322-1717

L`OREAL (PROCOSA)

 

21 2131-6164

MARFRIG FRIGO E COM. DE ALIMENTOS S/A

 

14 3541-0099

MAXMIX COMERCIAL LTDA

 

21 3326-2439

NATURA COSMETICOS S.A.

 

11 4446-4000

NUTRON ALIMENTOS

 

19 2102-5084

NYCOMED PHARMA LTDA

 

19 3847-5526

PBKIDS BRINQUEDOS LTDA

 

11 3819-2511

PERDIGÃO

 

49 3555-1222

PONTOFRIO.COM COMERCIO ELETRON. S/A

 

21 2472-8428

PPG INDL DO BRASIL TINTAS E VERNIZES

 

19 2103-6000

PRO HOME COM. MAD. FERR. E UTENS. LTDA

 

11 2189-1000

RI HAPPY BRINQUEDOS LTDA

 

11 6914-7504

RI HAPPY BRINQUEDOS LTDA.

 

 

SCHENECTADY BRASIL LTDA

 

19 3535-9815

SHERWIN WILLIANS BRASIL IND. COM. LTDA

 

11 2137-5000

SOCIEDADE COML E EMPORT. HERMES S/A

 

21 3541-3261

TIRRENO IND. COM. DE PRODS. QUÍMICOS LTDA

 

11 4053-3333

TORTUGA CIA ZOOTÉCNICA AGRÁRIA

 

11 2117-7781

UNILEVER BRA HIGIENE PESSOAL E LIMPEZA

 

19 3876-7113

UNILEVER BRASIL INDUSTRIAL LTDA

 

19 3876-7170

UTILPLAST COM DE PLAST LTDA

 

11 3081-3397

WAL MART BRASIL S.A.

 

21 3326-2441

WMS SUPERMERCADOS DO BRASIL LTDA

 

21 3326-2441

 

FOREIGN CLIENTS:

COUNTRY:

 

CED - COMPAGNIE EUROPÉENNE DISTRIB.

FRANCE

 

NUNAAT INC.

MIAMI/USA

 

POLIRESINAS SAN LUIS S/A

BUENOS AIRES/ARGENTINA

 

PORTAL IMPORTAÇÃO E EXPORTAÇÃO LTDA

SINTRA/PORTUGAL

 

PRODUCTORA LA FLORIDA S/A

SAN JOSE/COSTA RICA

 

ROWAIE COSMETICS TRADING

SAUDI ARABIA

 

RP MODA E ACESSORIOS PROFISSIONAIS

PORTUGAL

 

YAMA BOLIVIA

SANTA CRUZ/BOLIVIA

 

 

STAFF:

 

THE COMPANY HAS: 699 EMPLOYEE(S)

 

 

CONCEPT AND FULFILMENT

 

THE SUBJECT IS AN OLD AND WELL-ESTABLISHED COMPANY OPERATING WITH A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOR. IT IS FAMILY OWNED AND OPERATES WITH AN EXPRESSIVE SCALE OF ACTIVITIES AND AN EXCELLENT REPUTATION.

 

THE COMPANY HAS TRADE RELATIONS WITH SEVERAL SUPPLIERS IN BRAZIL AND UP TO DATE NO PAYMENT PROBLEMS ARE NOTED. THE SUPPLIERS REPORTED THAT EXTEND CREDIT FACILITIES TO THE COMPANY IN TERMS AND AMOUNTS ACCORDING TO THE COMPANY'S NEEDS.

 

MAIN SUPPLIERS:

 

 

 

 

 

DOMESTIC SUPPLIERS:

 

PHONE:

ADISSEO BRASIL LTDA

 

11 3741-8835

AJINOMOTO BIOLATINA COM. IND. LTDA

 

11 5579-6971

APC DO BRASIL

 

19 3402-4502

ARC INTERNATIONAL BRASIL

 

11 3709-1037

BARBARA ENGENHARIA E CONSTRUTORA LTDA

 

11 2114-1235

BASF BRASILEIRA S/A

 

11 4343-2857

BRASILIA ALIMENTOS LTDA

 

 

BUNGE FERTILIZANTES S/A

 

41 3918-7382

CARBOCLORO S/A IND. QUÍMICAS

 

11 3845-7677

CHR HANSEN IND COM LTDA

 

 

CONSTRUTORA E INCORPORADORA LTDA

 

11 3887-4077

COSAN ALIMENTOS

 

11 3816-9469

COTIA FOODS

 

11 2842-3000

DOW BRASIL S/A

 

11 5188-9375

DSM PRODUTOS NUTRICIONAIS BRASIL LTDA

 

11 3719-4607

ELI LILLY DO BRASIL LTDA

 

11 5532-6800

EVONIK DEGUSSA

 

11 3146-4136

IQ SOLUÇÕES & QUIMICA S/A

 

 

NESTLE BRASIL LTDA

 

11 3061-6531

OXITENO NORDESTE S/A INDÚSTRIA E COMÉRCIO

 

11 3177-6942

PETROLEO BRASILEIRO S/A PETROBRAS

 

71 3642-4708

PHIBRO SAÚDE ANIMAL

 

11 6472-4444

PRODUQUIMICA IND. COM. LTDA

 

11 3016-9605

PROT-CAP ARTIG/PROTEÇÃO INDL LTDA

 

 

QUÍMICA GERAL DO NORDESTE

 

21 2534-0077

S.Q.M. BRASIL LTDA

 

11 4133-7207

SHEEL BRASIL LTDA

 

11 3089-5236

ST JAMES INDUSTRIAL LTDA

 

11 6955-5344

TINTAS MC LTDA

 

 

TRAMONTINA SUDESTE S/A

 

11 4197-1266

VICUNHA TÊXTIL S/A

 

19 3471-2133

WHIRLPOOL S/A

 

11 3566-1000

 

FOREIGN SUPPLIERS:

COUNTRY:

 

A.H.A. INTERNATIONAL CO. LTD

CHINA

 

A.P.C. AMERICAN PROTEIN CO.

UNITED STATES

 

AARTI DRUGS LTD

INDIA

 

AGROLINZ MELAMIN GMBH

AUSTRIA

 

AJINOMOTO HEARTLAND, LLC

UNITED STATES

 

ANHUI BBCA BIOCHEMICAL CO. LTD

CHINA

 

ANNO CHEMICALS NV

BELGIUM

 

APC AMERICAN PROTEIN CO. IQA

UNITED STATES

 

ARMOUR POLYMERS LIMITED

INDIA

 

ATANOR S/A

ARGENTINA

 

ATLANTIC CHEMICAL TRADING GMBH

GERMANY

 

BASF AG

GERMANY

 

BASF CORPORATION

UNITED STATES

 

BASF HEALTH 7 NUTRITION A/S

DENMARK

 

BIESTERFELD SIEMSGLUES INTERNATIONAL GMBH

GERMANY

 

BIOSOLUTIONS CO., LTD

CHINA

 

BRUNO BOCK CHEMICHE FABRIC GMBH & CO.

GERMANY

 

CABOT GMBH

GERMANY

 

CALDIC CHEMIE

HOLLAND

 

CHANGZHOU PHARMACEUTICAL FACTORY

CHINA

 

CHEMLINE HELTHCARE AMARAL & CO

SWITZERLAND

 

CHENGDU TAIXIAO CHEMICAL AND INDL LTD

CHINA

 

CHINA JIANGSU MEDICINES & HEALTH GROUP

CHINA

 

CHINA VITAMINS LLC

UNITED STATES

 

COFACE INSURANCE CO.

FRANCE

 

D.S.M.

HOLLAND

 

DALBO GMBH CHEMIEHANDEL

GERMANY

 

DALIAN FTZ WENDA INTERNATIONAL TRADE

CHINA

 

DEGUSSA AG.

GERMANY

 

DELATRADE HANDELS GMBH

GERMANY

 

DSM SPECIAL PROCUCTS

HOLLAND

 

EASTMAN CHEMICAL LTD

UNITED STATES

 

ECOGREEN OLECHEMICALS LTD

SINGAPORE

 

EMSA WERKE WVLF GMBH & CO.

GERMANY

 

EUROLYSIN

FRANCE

 

HACHEMIE HAMB. CHEM. GESELLSCHAFT. MBH

GERMANY

 

HELM AG

GERMANY

 

HERMES INSURANCE CO

GERMANY

 

IMPEXTRACO N.V.

BELGIUM

 

INDUKERN

SPAIN

 

ITACOLOR

HOLLAND

 

ITOCHU TECHNO - CHEMICAL INC.

JAPAN

 

JEBSEN & JESSEN

GERMANY

 

K.D.FEDDEERSEN

GERMANY

 

MITSUI & CO LTD

JAPAN

 

NEPERA INC

UNITED STATES

 

NOVENO KALAMA

UNITED STATES

 

ODDA SMELTEVERK A/S

NORWAY

 

UENO FINE CHIMICALS

JAPAN

 

VOEST ALPINE

AUSTRIA

 

 

PAYMENT HISTORY:

 

28 SUPPLIERS REPORTED PAYMENTS:

   TOTAL AMOUNT:  R$ 1.426.563,00

 

AMOUNT OF INVOICES PAID: 201

TOTAL OF PROMPT PAYMENTS: 97,2%

TOTAL OF DELAYED PAYMENTS: 2,8%

 

HIGHEST INVOICE: R$ 58.206,00

HIGHEST CREDIT: R$ 58.206,00

 

OUTSTANDING INVOICES DUE WITHIN THE NEXT 60 DAYS:

 

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

SUPPLIERS:

INVOICES:

TOTAL AMOUNT:

DUE WITHIN 30 DAYS

2

9

R$ 45.824,80

DUE WITHIN 60 DAYS

1

2

R$ 11.902,00

ALL

2

11

R$ 57.726,80

 

 

FINAL OPINION

 

IT OPERATES WITH A CLEAR TRADE HISTORY AND AN EXCELLENT REPUTATION. THE FINANCIAL SITUATION IS FAIR AND THE TRADE COMMITMENTS ARE MET ON TIME.

 

BASED ON THE OVERALL 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 SIZE AND FINANCIAL STRENGTH.

 

DESPITE THE LOSS, A CREDIT LIMIT OF USD 1.000.000,00 MAY BE CONSIDERED.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.83

UK Pound

1

Rs.97.10

Euro

1

Rs.69.74

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

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%)

 

 

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.