|
Report No. : |
309982 |
|
Report Date : |
13.03.2015 |
IDENTIFICATION DETAILS
|
Name : |
MOOCA COMERCIAL IMPORTADORA E EXPORTADORA LTDA |
|
|
|
|
Registered Office : |
Av. Dona Mariana Galigiori Ronchetti,951 / 939 / 941 - Jardim Peri,
02650-000 - São Paulo/Sp |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
10.02.2009 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Sale of Food 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 – 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. 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 |
MOOCA COMERCIAL
IMPORTADORA E EXPORTADORA LTDA
ADDRESSES
|
|
MAIN ADDRESS: |
AV. DONA MARIANA GALIGIORI RONCHETTI,951 / 939 / 941 - JARDIM PERI |
|
ZIP CODE/CITY: |
02650-000 - SÃO PAULO/SP |
|
|
|
|
PHONE: |
11 2267-6620 |
|
FAX: |
11 2267-6620 |
|
E-MAIL: |
monica@brasilfrutt.com.br |
|
WEB SITE: |
www.brasilfrutt.com.br |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RUA SAO ROQUE DE MINAS,104 - JARDIM PERI |
|
ZIP CODE/CITY: |
02679-110 SÃO PAULO/SP |
|
CNPJ: |
11.322.540/0003-70 |
|
|
|
|
ADDRESS: |
RUA DA MOOCA,1736 / 1678, SALA
73 - MOOCA |
|
ZIP CODE/CITY: |
03104000 SÃO PAULO/SP |
|
CNPJ: |
11.322.540/0002-99 |
LEGAL
DATA
|
|
MAIN ACTIVITIES: |
|
SALE OF FOOD PRODUCTS |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
10/02/2009 |
|
REGISTER DATE: |
10/02/2009 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
11.322.540/0001-08 |
|
STATE REGISTER: |
148.883.970.111 |
|
|
|
|
SHARE CAPITAL: |
R$ 1.500.000,00 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
FRANCISCO CARLOS GONCALVES LOUREDO |
MANAGING PARTNER |
AUTHORIZED
USE OF SIGNATURE
|
|
THE MANAGING PARTNER IS AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
BETTY SANTOS SANTIAGO LOUREDO |
2% |
|
FRANCISCO CARLOS GONCALVES LOUREDO |
98% |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
NOT AVAILABLE |
|
COMPANY'S
BACKGROUND
|
|
THE SUBJECT WAS ESTABLISHED ON FEBRUARY 10, 2009 TO BE ENGAGED IN THE
SAID LINE OF BUSINESS. ONLY IN MAY 2011 THE COMPANY STARTED ITS OPERATIONAL
ACTIVITIES. PARTNERS: FRANCISCO CARLOS GONCALVES LOUREDO, BRAZILIAN, HOLDER OF DOCUMENT,
CPF: 438.376.893-87, RESIDENTIAL ADDRESS AT RUA GENERAL JOSE DE ALMEIDA
BOTELHO, 381, APTO 06, PARQUE MANDAQUI - SÃO PAULO/SP; BETTY SANTOS SANTIAGO LOUREDO, BRAZILIAN, HOLDER OF DOCUMENT, CPF:
680.520.063-68, RESIDENTIAL ADDRESS AT RUA GENERAL JOSE DE ALMEIDA BOTELHO,
381, APTO 06, PARQUE MANDAQUI - SÃO PAULO/SP. FURTHER DETAILS ARE SO FAR NOT KNOWN. REMARKS: -------- WHEN INTERVIEWED SOURCES AT THE SUBJECT STATED THAT ARE STILL WAITING
FOR AUTHORIZATION FROM THE PRINCIPALS TO PROVIDE THE DATA NECESSARY TO
COMPLETE THIS REPORT. A REQUEST FOR FURTHER DATA HAS BEEN SENT TO THE COMPANY. PROVIDED THE
DATA REQUESTED ARE RECEIVED FROM THE SUBJECT A COMPLEMENTARY REPORT WILL BE
SEND TO YOUR ATTENTION. 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. |
FINANCIAL
INFORMATION
|
|
GENERAL BALANCE SHEETS AS OF 31/12/2013 AND 31/12/2012. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
|
CASH AND BANKS |
694.975,87 |
417.571,51 |
|
|
CLIENTS |
4.731.008,11 |
3.481.564,86 |
|
|
INVENTORY |
7.221.289,25 |
4.441.643,08 |
|
|
RECOVERABLE TAXES |
62.529,66 |
252.501,53 |
|
|
ADVANCE TO EMPLOYEES |
3.168,48 |
|
|
|
ADVANCE TO SUPPLIERS |
2.432.815,27 |
1.107.714,79 |
|
|
OTHER CREDITS |
5.577,00 |
5.577,00 |
|
|
PREPAID EXPENSES |
19.021,18 |
8.017,35 |
|
|
DIVIDENDS RECEIVABLES |
104.973,81 |
|
|
|
GRANTED LOANS |
|
1.323.871,02 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL CURRENT ASSETS |
15.275.358,63 |
11.038.461,14 |
|
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
1.481.842,59 |
1.035.094,73 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL FIXED ASSETS |
1.481.842,59 |
1.035.094,73 |
|
|
|
================ |
================ |
|
|
TOTAL ASSETS |
16.757.201,22 |
12.073.555,87 |
|
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
|
SUPPLIERS |
7.613.507,69 |
4.506.042,03 |
|
|
LABOR OBLIGATIONS |
115.794,18 |
36.732,42 |
|
|
TRIBUTARY OBLIGATIONS |
362.276,17 |
64.061,32 |
|
|
ADVANCES |
1.574.835,14 |
38.670,01 |
|
|
LOANS AND FINANCING |
435.200,00 |
1.254.390,34 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL CURRENT LIABILITIES |
10.101.613,18 |
5.899.896,12 |
|
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
DEFERRED INCOME |
49.313,52 |
54.624,08 |
|
|
LOANS AND FINANCING |
5.071.919,19 |
5.078.596,83 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL LONG TERM LIABILITIES |
5.121.232,71 |
5.133.220,91 |
|
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
500.000,00 |
500.000,00 |
|
|
UNPAID CAPITAL |
-1.113,32 |
|
|
|
ACCRUED PROFIT (LOSS) |
1.377.468,65 |
675.110,61 |
|
|
PROFIT SHARING |
-342.000,00 |
-134.671,77 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL NET EQUITY |
1.534.355,33 |
1.040.438,84 |
|
|
|
================ |
================ |
|
|
TOTAL LIABILITIES |
16.757.201,22 |
12.073.555,87 |
|
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2013 AND 31/12/2012. |
|
( FIGURES ARE IN REAIS ). |
|
|
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
|
GROSS SALES |
35.717.661,34 |
9.044.311,53 |
|
|
(-) TAXES ON SALES |
4.938.513,12 |
1.492.083,00 |
|
|
|
---------------- |
---------------- |
|
|
NET SALES |
30.779.148,22 |
7.552.228,53 |
|
|
(-) COST OF SOLD GOODS |
26.217.356,08 |
6.672.159,78 |
|
|
|
---------------- |
---------------- |
|
|
GROSS PROFIT |
4.561.792,14 |
880.068,75 |
|
|
OPERATING REVENUE (EXPENSE) |
-2.302.164,83 |
-372.133,05 |
|
|
FINANCIAL REVENUE(EXPENSE) |
-988.124,56 |
-227.339,10 |
|
|
|
---------------- |
---------------- |
|
|
OPERATIONAL PROFIT (LOSS) |
1.271.502,75 |
280.596,60 |
|
|
CONTRIBUTION/INCOME TAX |
-434.472,94 |
-89.402,84 |
|
|
|
---------------- |
---------------- |
|
|
NET PROFIT (LOSS) |
837.029,81 |
191.193,76 |
|
|
RATIOS: |
31/12/2013 |
31/12/2012 |
|
|
QUICK RATIO |
,80 |
|
1,12 |
|
|
|
|
CURRENT RATIO |
1,51 |
|
1,87 |
|
|
|
|
ACCOUNTS RECEIVABLE TURNOVER |
6,51 |
TIMES |
2,17 |
TIMES |
|
|
|
DAYS' SALES IN RECEIVABLES |
55,34 |
DAYS |
165,96 |
DAYS |
|
|
|
INVENTORY TURNOVER |
3,63 |
TIMES |
1,50 |
TIMES |
|
|
|
ACCOUNTS PAYABLE PERIOD |
104,54 |
DAYS |
243,13 |
DAYS |
|
|
|
RETURN ON ASSETS |
1,84 |
TIMES |
,63 |
TIMES |
|
|
|
SALES TURNOVER ON NET EQUITY |
20,06 |
TIMES |
7,26 |
TIMES |
|
|
|
NET WORTH TIE-UP |
,97 |
|
,99 |
|
|
|
|
INDEBTEDNESS |
9,92 |
|
10,60 |
|
|
|
|
EQUITY RATIO |
9,16 |
% |
8,62 |
% |
|
|
|
WORKING CAPITAL RATIO |
51,22 |
% |
87,10 |
% |
|
|
|
GENERAL SOLVENCY |
1,10 |
|
1,09 |
|
|
|
|
RETURN ON NET EQUITY |
54,55 |
% |
18,38 |
% |
|
|
|
RETURN ON SALES (PROFIT MARGIN) |
2,72 |
% |
2,53 |
% |
|
|
|
GROSS PROFIT MARGIN |
14,82 |
% |
11,65 |
% |
|
|
|
OPERATIONAL RESULT |
4,13 |
% |
3,72 |
% |
|
|
|
SALES TURNOVER ON LIABILITIES |
3,05 |
TIMES |
1,28 |
TIMES |
|
|
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 2,99 |
- OFFICIAL RATE ON 05/03/2015 |
|
US$ 1,00 = R$ 2,34 |
- OFFICIAL RATE ON 31/12/2013 |
|
US$ 1,00 = R$ 2,04 |
- OFFICIAL RATE ON 31/12/2012 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE FIGURES AVAILABLE SHOW A SATISFACTORY FINANCIAL STANDING. THE
LEVEL OF INDEBTEDNESS IS VERY HIGH BUT IT IS NOTED GOOD CURRENT RATIO AND
POSITIVE WORKING CAPITAL AMOUNT. IN ADDITION IT SHOWS REMARKABLE GROWING
SALES AND PROFITABILITY. |
|
REAL ESTATE: |
NOT AVAILABLE
|
VEHICLES: |
NOT AVAILABLE
|
MACHINES: |
NOT AVAILABLE
INSURANCE
|
|
NOT AVAILABLE |
BANKING
REFERENCES
|
|
|
BRANCH/PHONE: |
|
|
BANCO BRADESCO S/A |
0559-2 / 11 3968-1092 |
|
|
BANCO ITAÚ S/A |
6646 / 11 4004-1609 |
|
|
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: MARCH 05, 2015. |
ACTIVITIES
COMMENTS
|
|
SALE OF FOOD PRODUCTS |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
TURKEY: US$ 533.247,50 (IN 2012), US$ 582.760,00 (IN 2013) PERU: US$ 80.744,40 (IN 2012), US$ 80.678,40 (IN 2013) CHINA: US$ 109.200,00 (IN
2012), US$ 214.710,00 (IN 2013) |
EXPORTS TO:
|
DOES NOT EXPORT. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
|
|
NOT AVAILABLE |
|
|
|
STAFF: |
|
|
|
NOT AVAILABLE |
CONCEPT
AND FULFILMENT
|
|
THE SUBJECT IS A FAMILY-OWNED COMPANY, OPERATING SINCE 2009. SO FAR IT
HAS A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOR. THE COMPANY HAS TRADE RELATIONS WITH SOME SUPPLIERS IN BRAZIL. THE
SUPPLIERS EXTEND CREDIT FACILITIES TO THE SUBJECT IN TERMS AND AMOUNTS
ACCORDING TO THE COMPANY'S NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE NOTED. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
|
|
|
IMP FRUTAS LA VIOLETERA LTDA |
|
|
|
IND BRNDEIRANTE ARTEF PLAST MAD LTDA |
|
|
|
SOCIL SOC IND COM IMP EXP LTDA |
|
|
|
FOREIGN
SUPPLIERS: |
COUNTRY: |
|
|
DALIAN YONMING FOOD CO. LIMITED |
CHINA |
|
|
ELMAS DIS TICARET S.A. |
TURKEY |
|
|
NOBEX AGROINDUSTRIAL S.A. |
PERU |
|
|
PAYMENT HISTORY: |
|
10 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 751.602,00 |
|
|
|
AMOUNT OF INVOICES PAID: 126 |
|
TOTAL OF PROMPT PAYMENTS: 99,9% |
|
TOTAL OF DELAYED PAYMENTS: 0,1% |
|
|
|
HIGHEST INVOICE: R$ 25.500,00 |
|
HIGHEST CREDIT: R$ 60.300,00 |
|
|
|
OUTSTANDING
INVOICES DUE WITHIN THE NEXT 30 DAYS: |
|
--------------------------- |
SUPPLIERS: |
INVOICES: |
TOTAL AMOUNT: |
|
DUE WITHIN 30 DAYS |
2 |
6 |
R$ 65.512,50 |
FINAL
OPINION
|
|
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. A CREDIT LIMIT OF USD 100.000,00 MAY BE CONSIDERED. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.57 |
|
|
1 |
Rs.93.57 |
|
Euro |
1 |
Rs.65.95 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
TPT |
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.