MIRA INFORM REPORT

 

 

Report No. :

339545

Report Date :

19.09.2015

           

IDENTIFICATION DETAILS

 

Name :

REPROQUIM S.R.L.

 

 

Registered Office :

Ypane 944 (ex 1008) entre Lomas Valentina y Estero Bellao, de Lambare

 

 

Country :

Paraguay

 

 

Date of Incorporation :

1993

 

 

Legal Form :

Liability Limited Company

 

 

Line of Business :

Supplies of commercialization of laboratory.

 

 

No. of Employee :

2

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 64,256

 

 

Status :

Small company

 

 

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)

Paraguay

B2

B2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

PARAGUAY ECONOMIC OVERVIEW

 

Landlocked Paraguay has a MARKET economy distinguished by a large informal sector, featuring re-export of imported consumer goods to neighboring countries, as well as the activities of thousands of microenterprises and urban street vendors. A large percentage of the population, especially in rural areas, derives its living from agricultural activity, often on a subsistence basis. Because of the importance of the informal sector, accurate economic measures are difficult to obtain. On a per capita basis, real income has stagnated at 1980 levels. The economy grew rapidly between 2003 and 2008 as growing world demand for commodities combined with high prices and favorable weather to support Paraguay's commodity-based export expansion. Paraguay is the sixth largest soy producer in the world. Drought hit in 2008, reducing agricultural exports and slowing the economy even before the onset of the global recession. The economy fell 3.8% in 2009, as lower world demand and commodity prices caused exports to contract. The government reacted by introducing fiscal and monetary stimulus packages. Growth resumed at a 13% level in 2010, the highest in South America, but slowed in 2011-13 as the stimulus subsided and severe drought and outbreaks of foot-and-mouth disease led to a drop in beef and other agricultural exports. The economy took another leap in 2014, largely due to strong export growth. Political uncertainty, corruption, limited progress on structural reform, and deficient infrastructure are the main obstacles to long-term growth.

 

Source : CIA

 

Company name

 

REPROQUIM S.R.L.

RUC 80010568-0

 

 

 Summary 

 

 

LIABILITY LIMITED COMPANY. CREATED IN 1993. PROVIDE FIGURES OF BALANCE SHEET AS 31.12.2014. NO NEGATIVE. APT FOR NEW CREDITS.

 

 

 Operations

 

 

 

> COMMERCIALIZATION OF LABORATORY SUPPLIES AND RELATED.

 

 Legal Structure 

 

 

LEGAL FORM:                            LIABILITY LIMITED COMPANY
CREATED:                                 1993
DURATION:                                UNLIMITED
END OF FISCAL YEAR:             31.12

 

 

 Contact 

 

 

ADMINISTRATION
MSS. SONIA PEREZ

Operative Address: Ypane 944 (ex 1008) entre Lomas Valentina y Estero Bellao, de Lambare,
Republic of Paraguay.-

Phone: 595.21.901520
E-mail: rproquim.srl@gmail.com

 

 

 Partners 

 

 

MANAGERS:
-------------

GUIDO MOVIA ZAVALA
ANA MARIA MOVIA ZABALA

 

 

 History 

 

 

In mid-1993, they gave start to the exploitation of reference, acting under their responsibility.

They are related to the company BYM IMPORTADORA SRL.

The main purpose of exploitation of our informed is the commercialization of products laboratory and related .

 

 

 Economic-Financial Position 

 

 

Provide figures of Balance sheet as 31.12.2014, expressed in Guaranies
Change: 1 dolar = 5520 Guaranies.

TOTAL ASSETS...........................................920.820.912

TOTAL LIABILITIES...............................................217.256.554

TOTAL NET WORTH.....................................................703.564.358

NET SALES..............................................1.314.292.423

FINAL RESULT.............................................364.560.736

 

 

Assets 

 

 

REAL ESTATE:
--------------
- Ypane 944 (ex 1008) entre Lomas Valentina y Estero Bellao, de Lambare,
Republic of Paraguay.-
390 m2 of surface covered.

 

 

Parent/Related Companies 

 

 

> B Y M. IMPORTADORA S.R.L.

 

 Evolution and Results 

 

 

They take adequate facilities.
Very well presented.

Marketer of  products laboratory and related inputs.

Import from Brasil and Indian. No export.

* 2 EMPLOYES.

MAIN SUPPLIERS:
--------------------
> PROPAL SA. DE PARAGUAY
> COMENFAR S.A. ARGENTINA
> SGD LIMITADA BRASIL

 

 

 Payment Record and Credit Risk 

 

 

BANCO CONTINENTAL                            SUC. LAMBARE
GNB BANK

INSURANCE:
--------------
LA MERIDIONAL CIA DE SEGUROS S.A.

 

 

 Concept 

 

 

For supplies of merchandise they are acting properly, making credit commitments normally.

The cancellation of obligations is normal and there is no objection concerning their market behavior to date.

GOOD BEHAVIOR OF CREDIT.

 

 

 Final Opinion 

 

 

So then we come to estimate the treatment as accessible credit, working in moderate amounts and with the guarantees of the moment.

SUITABLE FOR NEW CREDITS.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.65.92

UK Pound

1

Rs.102.75

Euro

1

Rs.75.13

 

 

INFORMATION DETAILS

 

Analysis Done by :

KAS

 

 

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.