|
Report No. : |
342054 |
|
Report Date : |
25.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
SOCER BRASIL INDÚSTRIA E COMÉRCIO LTDA |
|
|
|
|
Registered Office : |
Estrada Do
Guarujá, 3150 Bloco 01 - Jardim Marília |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
25.11.1996 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of
intermediate chemicals. |
|
|
|
|
No. of Employee : |
135 |
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 |
SOCER BRASIL INDÚSTRIA E COMÉRCIO LTDA
ADDRESSES
|
|
MAIN ADDRESS: |
ESTRADA DO GUARUJÁ,
3150 BLOCO 01 - JARDIM MARÍLIA |
|
ZIP CODE/CITY: |
13320-902 -
SALTO/SP |
|
|
|
|
PHONE: |
11 4028-9900 / 11
4028-9913 |
|
FAX: |
11 4028-9900 / 11
4028-9907 |
|
E-MAIL: |
|
|
WEB SITE: |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
ESTRADA MUNICIPAL
OLAVO EGYDIO DE SOUZA ARANHA SETUBAL,251 BLOCO B - PONTE ALTA |
|
ZIP CODE/CITY: |
18200-000
ITAPETININGA/SP |
|
PHONE: |
15 3275-8323 |
|
CNPJ: |
16.853.834/0002-94 |
|
|
|
|
ADDRESS: |
AVENIDA PREFEITO
PAULO NOVAES,470 - CENTRO |
|
ZIP CODE/CITY: |
18705-000
AVARÉ/SP |
LEGAL
DATA
|
|
MAIN ACTIVITIES: |
|
MANUFACTURE OF
INTERMEDIATE CHEMICALS. |
|
LEGAL FORM: |
LIMITED LIABILITY COMPANY |
|
|
|
|
INCORPORATION
DATE: |
25/11/1996 |
|
REGISTER DATE: |
25/11/1996 |
|
BALANCE SHEET
FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR
NUMBER(CNPJ): |
01.593.699/0001-03 |
|
STATE REGISTER: |
600.044.670.110 |
|
|
|
|
SHARE CAPITAL: |
R$ 38.649.655,00 |
|
LAST REGISTER OF
CAPITAL: |
28/01/2014 |
|
BOARD OF DIRECTORS: |
|
|
|
|
|
JOSÉ PINTO DA
ROCHA JORGE FERREIRA |
MANAGING PARTNER |
|
ANTONIO MANUEL
HENRIQUES JORGE FERREIRA |
MANAGING PARTNER |
AUTHORIZED
USE OF SIGNATURE
|
|
THE MANAGING
PARTNERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS / PARTNERS: |
|
|
|
|
|
ANTONIO MANUEL
HENRIQUES JORGE FERREIRA (PORTUGAL) |
R$ 19.707.459,00 |
|
VITOR HENRIQUES
LAGOA (PORTUGAL) |
R$ 18.938.331,00 |
|
JOSÉ PINTO DA ROCHA
JORGE FERREIRA |
R$
3.865,00 |
|
AFFILIATES / SUBSIDIARIES: |
|
|
A SCAN THROUGH
OUTSIDE SOURCES SHOWED THE SUBJECT AND/OR DIRECTORS HAS/HAVE THE FOLLOWING
UNCONFIRMED HOLDINGS: |
|
|
AGRO FORESTAL RS
LTDA |
|
|
RESINAS RP LTDA |
|
|
SLB SOC LUSO BRAS
EXTRAÇÃO E COMERCIO RESINA LTDA |
|
|
RB SUL INDUSTRIA
E COMERCIO LTDA |
|
|
RESPOL RB
COMERCIO, IMPORTACAO E EXPORTACAO DE RESINAS LTDA |
|
|
RESIFLOR AGRO
FLORESTAL LTDA |
|
|
SOCITEC
PARTICIPAÇÕES LTDA |
|
|
RESINAS SÃO JOÃO
LTDA |
|
|
RESINAS SAO JOSE
LTDA |
|
|
RESINAS BRASIL
INDUSTRIA E COMERCIO LTDA |
|
|
AVCA EXPORTAÇÃO E
IMPORTAÇÃO LTDA |
|
|
RESINAS TUNAS
LTDA |
|
|
RESINAS MS LTDA |
|
|
TROPICAL RB COM
IMPORTAÇÃO E EXPORTAÇÃO LTDA |
|
|
ITACOL IND COM IMP
E EXPORTACAO DE RESINAS NATURAIS LTDA |
|
|
RESINAS SÃO
FRANCISCO LTDA |
|
|
RESINAS TROPICAIS
INDUSTRIA E COMERCIO LTDA |
|
|
RESINAS DO PARANÁ
INDUSTRIA E COMERCIO LTDA |
|
COMPANY'S
BACKGROUND
|
|
THE SUBJECT WAS ESTABLISHED
ON NOVEMBER 25, 1996 TO BE ENGAGED IN THE SAID LINE OF BUSINESS AND UP TO
DATE IT IS STILL OPERATING WITHIN THE GENERAL SCENE REPORTED HEREIN. APPROXIMATELY A
HUNDRED YEARS OF HISTORY HAVE TRANSFORMED SOCER GROUP INTO A REMARKABLE COMPANY
WITH WORLDWIDE RECOGNITION. ORIGINATING IN PORTUGAL IN 1910, SOCER GROUP,
WHOSE OWNER WAS MR. MANUEL HENRIQUE JUNIOR, BEGAN THE MANUFACTURING AND
COMMERCIALIZATION OF COLOPHONY. IN THE 50'S,
AFTER THE MERGE WITH TWO OTHER IMPORTANT COMPANIES IN THE PORTUGUESE MARKET:
CPR - COMPANHIA DE PRODUTOS RESINOSOS AND CIR - COMPANHIA INDUSTRIAL
RESINEIRA AND THE PURCHASE OF ANOTHER IMPORTANT COMPANY IN THIS TRADE, URP -
UNIÃO RESINEIRA PORTUGUESA, SOCER GROUP REACHES THE LEADING POSITION IN THE
PORTUGUESE MARKET AND BECOMES ONE OF THE MOST IMPORTANT EXPORTERS OF TERPENIC
PRODUCTS IN THE MARKET. SINCE THE
BEGINNING, SOCER GROUP HAS BEEN IN THE VANGUARD OF THE DEVELOPMENT AND
MANUFACTURING OF TERPENE DERIVATIVES AND SEVERAL PARTNERSHIPS WERE MADE
THROUGHOUT THIS PERIOD WITH OTHER COMPANIES IN THE WORLD, SUCH AS: SEPULCHRE,
REICHOLD, HERCULES, AND HOECHST. AIMING TO
INCREASE THEIR BUSINESS SHARE, THE GROUP STARTED TO EXPAND IN 1992, REACHING
BRAZIL. IN 1996, WITHIN A JOINT
VENTURE WITH THE GROUP RESINAS BRASIL, THEY PURCHASED THE GUM ROSIN
PRODUCTION UNIT FROM THE EUCATEX GROUP AND FOUNDED 'SOCER BRASIL LTDA.', THE
COMPANY, WHICH SINCE 2003 UNIFIES THE WHOLE SOCER'S TERPENE PRODUCT
MANUFACTURING. IN 2004 BASED ON
ITS MARKET PERFORMANCE SOCER BECAME BRAZIL'S SEGMENT LEADER AND LARGEST GUM
ROSIN AND TURPENTINE DERIVATIVES EXPORTER WITH A COMPREHENSIVE PRODUCT
PORTFOLIO. IN 2007, SOCER
WAS INTEGRALLY ACQUIRED BY THE GROUP RESINAS BRASIL AND BECAME PART OF THE
LARGEST BRAZILIAN PRODUCER AND EXPORTER GROUP OF ITS MARKET SEGMENT IN LATIN
AMERICA. THE CONTACTS WERE
MADE THROUGH THE COMPANY RESINAS BRASIL INDÚSTRIA E COMÉRCIO LTDA, PHONE 14
3711-2222. THE COMPANY HAS
THE ISO 9001 - 2008 CERTIFICATION. PARTNERS: JOSÉ PINTO DA
ROCHA JORGE FERREIRA: BRAZILIAN, HOLDER OF DOCUMENTS CPF 215.669.748-52, RG
534424430, RESIDENTIAL ADDRESS AT AV. PREFEITO PAULO NOVAES 470, AVARE/SP. ANTONIO MANUEL
HENRIQUES JORGE FERREIRA: PORTUGUESE, MARRIED, HOLDER OF DOCUMENTS CPF
226.019.568-79, RG V512162-8 CGPI/DIREX/DPF - SP, RESIDENTIAL ADDRESS AT RUA
GRECIA 85, AVARE/SP. VITOR HENRIQUES
LAGOA: PORTUGUESE, MARRIED, HOLDER OF DOCUMENTS CPF 226.019.638-16, PASSPORT
505576 - SP, RESIDENTIAL ADDRESS AT AV. NOSSA SENHORA DO ROSARIO 1012,
CASCAIS, PORTUGAL. 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 SENT 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,
31/12/2012 AND 31/12/2011. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2013 |
31/12/2012 |
31/12/2011 |
|
|
|
|
|
|
CASH |
1.034.998,00 |
7.433,48 |
4.225,26 |
|
BANKS |
|
529.586,78 |
472.744,23 |
|
INVESTMENTS |
|
|
3.090.000,01 |
|
CLIENTS |
23.570.184,00 |
20.978.991,42 |
16.749.593,01 |
|
INVENTORY |
13.863.193,00 |
8.092.484,60 |
9.133.053,51 |
|
ADVANCE TO
SUPPLIERS |
|
3.311.077,75 |
3.278.788,65 |
|
RECOVERABLE TAXES |
7.719.879,00 |
7.961.811,68 |
6.379.860,22 |
|
JUDICIAL DEPOSITS |
|
846.835,30 |
604.215,12 |
|
OTHER CREDITS |
515.585,00 |
76.140,10 |
|
|
ADVANCES |
1.124.817,00 |
|
|
|
PRE PAID EXPENSES |
180.736,00 |
131.351,47 |
95.990,49 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT
ASSETS |
48.009.392,00 |
41.935.712,58 |
39.808.470,50 |
|
LONG-TERM RECEIVABLES: |
|
|
|
|
|
|
|
|
|
DEFERRED TAXES |
2.512.633,00 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG-TERM
RECEIVABLES |
2.512.633,00 |
|
|
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
106.783.338,00 |
87.693.668,09 |
46.455.321,39 |
|
FIXED ASSETS |
63.545.567,00 |
73.039.079,03 |
72.330.280,26 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED
ASSETS |
170.328.905,00 |
160.732.747,12 |
118.785.601,65 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
220.850.930,00 |
202.668.459,70 |
158.594.072,15 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2013 |
31/12/2012 |
31/12/2011 |
|
|
|
|
|
|
SUPPLIERS |
8.746.846,00 |
8.007.160,63 |
5.427.723,69 |
|
LOANS AND
FINANCING |
15.710.715,00 |
|
|
|
TRIBUTARY
OBLIGATIONS |
1.902.737,00 |
448.017,92 |
309.342,49 |
|
ADVANCE FROM
CLIENTS |
943.946,00 |
696.151,17 |
202.731,64 |
|
ACCOUNTS PAYABLE |
|
|
8.500.000,00 |
|
SOCIAL
CONTRIBUTION |
|
1.097.328,10 |
804.571,05 |
|
ADVANCE TO
EXCHANGE CONTRACT |
|
14.294.558,74 |
17.750.595,10 |
|
SOCIAL
OBLIGATIONS |
700.419,00 |
|
|
|
OTHER |
265.023,00 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT
LIABILITIES |
28.269.686,00 |
24.543.216,56 |
32.994.963,97 |
|
LONG TERM LIABILITIES: |
|
|
|
|
|
|
|
|
|
INTERCOMPANY
DEBTS |
|
15.950.550,00 |
750.550,00 |
|
LOANS AND
FINANCING |
53.347.006,00 |
50.297.835,87 |
47.008.765,15 |
|
DEFERRED TAXES |
23.794.554,00 |
17.335.440,61 |
17.335.440,61 |
|
PROFIT SHARING |
7.387.644,00 |
|
|
|
OTHER |
2.500.000,00 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM
LIABILITIES |
87.029.204,00 |
83.583.826,48 |
65.094.755,76 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
38.649.655,00 |
10.330.000,00 |
10.330.000,00 |
|
ACCRUED PROFIT
(LOSS) |
41.982.270,00 |
50.560.267,24 |
16.523.203,00 |
|
OTHER
COMPREHENSIVE INCOME |
24.903.280,00 |
33.651.149,42 |
33.651.149,42 |
|
RESERVES/TAX
INCENTIVES |
16.836,00 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
105.552.041,00 |
94.541.416,66 |
60.504.352,42 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES
|
220.850.931,00 |
202.668.459,70 |
158.594.072,15 |
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2013,
31/12/2012 AND 31/12/2011. |
|
( FIGURES ARE IN REAIS ). |
|
|
31/12/2013 |
31/12/2012 |
31/12/2011 |
|
|
|
|
|
|
GROSS SALES |
|
107.316.965,85 |
109.612.892,62 |
|
(-) TAXES ON
SALES |
|
20.125.164,18 |
20.939.802,01 |
|
|
---------------- |
---------------- |
---------------- |
|
NET SALES |
105.601.432,00 |
87.191.801,67 |
88.673.090,61 |
|
(-) COST OF SOLD
GOODS |
87.030.458,00 |
76.624.573,99 |
75.193.649,36 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
18.570.974,00 |
10.567.227,68 |
13.479.441,25 |
|
OPERATING REVENUE
(EXPENSE) |
-2.004.232,00 |
31.054.135,46 |
-8.068.697,24 |
|
FINANCIAL
REVENUE(EXPENSE) |
-10.738.374,00 |
-6.189.368,65 |
-6.872.993,88 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL
PROFIT (LOSS) |
5.828.368,00 |
35.431.994,49 |
-1.462.249,87 |
|
CONTRIBUTION/INCOME
TAX |
1.374.692,00 |
-1.395.023,54 |
|
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS)
|
7.203.060,00 |
34.036.970,95 |
-1.462.249,87 |
|
MONTHLY SALES |
|||
|
|
2014 |
|
|
|
|
--------------------- |
|
|
|
JANUARY |
R$ 9.963.563,72 |
|
|
|
FEBRUARY |
R$ 10.001.989,14 |
|
|
|
MARCH |
R$ 13.006.265,84 |
|
|
|
APRIL |
R$ 12.302.855,34 |
|
|
|
MAY |
R$ 9.812.398,85 |
|
|
|
JUNE |
R$ 9.609.454,26 |
|
|
|
JULY |
R$ 9.817.630,53 |
|
|
|
AUGUST |
R$ 12.529.786,74 |
|
|
|
SEPTEMBER |
R$ 15.874.486,28 |
|
|
|
OCTOBER |
R$ 14.566.873,09 |
|
|
|
NOVEMBER |
R$ 11.788.564,71 |
|
|
|
DECEMBER |
R$ 12.652.978,32 |
|
|
|
TOTAL |
R$ 141.926.846,82 |
|
|
|
RATIOS: |
31/12/2013 |
31/12/2012 |
31/12/2011 |
|
QUICK RATIO |
1,21 |
|
1,38 |
|
,93 |
|
|
CURRENT RATIO |
1,70 |
|
1,71 |
|
1,21 |
|
|
ACCOUNTS
RECEIVABLE TURNOVER |
4,48 |
TIMES |
4,16 |
TIMES |
5,29 |
TIMES |
|
DAYS' SALES IN
RECEIVABLES |
80,35 |
DAYS |
86,62 |
DAYS |
68,00 |
DAYS |
|
INVENTORY
TURNOVER |
6,28 |
TIMES |
9,47 |
TIMES |
8,23 |
TIMES |
|
ACCOUNTS PAYABLE
PERIOD |
36,18 |
DAYS |
37,62 |
DAYS |
25,99 |
DAYS |
|
RETURN ON ASSETS |
,48 |
TIMES |
,43 |
TIMES |
,56 |
TIMES |
|
SALES TURNOVER ON
NET EQUITY |
1,00 |
TIMES |
,92 |
TIMES |
1,47 |
TIMES |
|
NET WORTH TIE-UP |
,60 |
|
,77 |
|
1,20 |
|
|
INDEBTEDNESS |
1,09 |
|
1,14 |
|
1,62 |
|
|
EQUITY RATIO |
47,79 |
% |
46,65 |
% |
38,15 |
% |
|
WORKING CAPITAL
RATIO |
69,83 |
% |
70,86 |
% |
20,65 |
% |
|
GENERAL SOLVENCY |
1,92 |
|
1,87 |
|
1,62 |
|
|
RETURN ON NET
EQUITY |
6,82 |
% |
36,00 |
% |
-2,42 |
% |
|
RETURN ON SALES
(PROFIT MARGIN) |
6,82 |
% |
39,04 |
% |
-1,65 |
% |
|
GROSS PROFIT
MARGIN |
17,59 |
% |
12,12 |
% |
15,20 |
% |
|
OPERATIONAL
RESULT |
5,52 |
% |
40,64 |
% |
-1,65 |
% |
|
SALES TURNOVER ON
LIABILITIES |
3,74 |
TIMES |
3,55 |
TIMES |
2,69 |
TIMES |
|
FOREIGN CURRENCY
ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY
ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$
4,10 |
- OFFICIAL RATE ON 23/09/2015 |
|
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 ANNUAL
FIGURES AVAILABLE SHOW A SATISFACTORY FINANCIAL STANDING. THE LEVEL OF
INDEBTEDNESS IS HIGH BUT IT IS NOTED GOOD LIQUIDITY RATIOS AND POSITIVE WORKING
CAPITAL, CONSIDERED SUFFICIENT TO COVER THE SHORT TERM DEBTS. IN ADDITION IT
SHOWS RECOVERY IN SALES AND POSTED PROFITABLE RESULTS. |
|
REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$ 7.075.673,60
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$ 584.219,90
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS ARE VALUED AT
R$ 44.197.095,92
|
INSURANCE |
|
NOT AVAILABLE. |
BANKING
REFERENCES
|
|
|
BRANCH/PHONE: |
|
|
BANCO ITAÚ BBA
S/A |
0164 / 11
4029-5777 |
|
|
BANCO SANTANDER
(BRASIL) S/A |
3327 / 15
3212-9772 |
|
|
BANCO BRADESCO
S/A |
3371 / 19
3735-1785 |
|
|
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 MANUFACTURE OF INTERMEDIATE CHEMICALS. |
|
IMPORT AND EXPORT: |
IMPORTS FROM:
|
NOT AVAILABLE. |
EXPORTS TO:
|
NOT AVAILABLE. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC CLIENTS: |
CITY: |
PHONE: |
|
3M DO BRASIL LTDA |
|
19 3838-6865 |
|
ADECOL IND.
QUIMICA LTDA |
|
|
|
ARCOR DO BRASIL
LTDA |
|
19 3493-9117 |
|
AVERY DENNISON DO
BRASIL LTDA |
VINHEDO/SP |
19 3876-7779 |
|
BOAINAIN IND. E
COMERCIO LTDA |
|
|
|
BOMBRIL S/A |
|
|
|
FIRMENICH &
CIA LTDA |
|
11 4617-8800 |
|
GIVAUDAN DO BRAIL
IND. E COM. DE AROMAS E FRAGANCIAS LTDA |
|
19 3876-8819 |
|
HENKEL LTDA |
|
11 3378-1827 |
|
KEMIRA CHEMICALS
BRASIL LTDA |
TELEMACO BORBA/PR |
42 3271-7403 |
|
NACIONAL DE GRAFITE |
|
37 3341-8000 |
|
RECKITT BENCKISER
BRASIL LTDA |
SÃO PAULO/SP |
11 3783-7254 |
|
SUKEST
INDÚSTRIA DE ALIMENTOS E FARMA LTDA |
|
14 4009-3000 |
|
STAFF: |
|
|
|
THE COMPANY HAS:
135 EMPLOYEE(S) |
CONCEPT
AND FULFILMENT
|
|
THE SUBJECT IS A WELL-ESTABLISHED
COMPANY, OPERATING SINCE 1996. SO FAR IT HAS A CLEAR TRADE HISTORY AND GOOD
PAYMENT BEHAVIOR. THE COMPANY HAS
TRADE RELATIONS WITH SEVERAL 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: |
CITY: |
PHONE: |
|
BRASINOX AÇO
INOXIDÁVEL LTDA |
|
11 2117-0999 |
|
CARBOCLORO S/A
INDS. QUIMICAS |
|
11 3704-4200 |
|
CIA BRASILEIRA DE
PETROLEO IPIRANGA |
|
|
|
COREMAL COM.
REPRES. MAIA LTDA |
|
81 3267-4700 |
|
ELEKEIROZ S/A |
VARZEA
PAULISTA/SP |
11 4596-8879 |
|
FEIRABOR LTDA |
|
11 4546-8879 |
|
GAFOR
DISTRIBUIDORA LTDA |
|
11 2107-3100 |
|
GMM EMBALAGENS INDUSTRIAIS
S/A |
RIO DE JANEIRO/RJ |
21 2131-0066 |
|
GREIF EMBALAGENS
INDUSRIAIS DO BRASIL LTDA |
|
21 3865-3358 |
|
IBÉRIA IND. DE
EMBALAGENS LTDA |
|
19 3652-9108 |
|
IQ SOLUÇÕES &
QUIMICA S/A |
|
|
|
JORPAN IND. E
COM. DE EMBALAGENS LTDA |
|
11 4648-6877 |
|
KROMINOX ACOS
METAIS LTDA |
|
|
|
MAKENI CHEMICALS
COM IND DE PROD. QUIMICOS LTDA |
|
11 4071-0694 |
|
MAKENI CHEMICALS
LTDA |
DIADEMA/SP |
11 4360-6400 |
|
MANCHESTER
CHEMICAL PROD. QUIMICOS LTDA |
|
11 6905-1522 |
|
MAPEX COML. DISTRIBUIDORA
LTDA |
|
|
|
MAUSER DO BRASIL
EMBALAGENS INDUSTRIAIS S/A |
MATÃO/SP |
16 3383-1107 |
|
PETROBRAS
DISTRIBUIDORA S/A |
CUBATÃO/SP |
19 3735-6742 |
|
PLURY QUIMICA
LTDA |
|
11 4091-4711 |
|
POLIKRAFGT SACOS
MULTIFOLHADOS DE PAPEL LTDA |
|
11 3686-5848 |
|
QUÍMICA AMPARO
LTDA |
AMPARO/SP |
19 3808-8040 |
|
SUKEST IND SUCOS
LTDA |
|
|
|
PAYMENT HISTORY: |
|
11 SUPPLIERS
REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 206.578,00 |
|
|
|
AMOUNT OF
INVOICES PAID: 30 |
|
TOTAL OF PROMPT
PAYMENTS: 100% |
|
HIGHEST INVOICE:
R$ 23.652,00 |
|
HIGHEST CREDIT:
R$ 23.652,00 |
FINAL
OPINION
|
|
THE SUBJECT IS A
WELL-ESTABLISHED COMPANY IN BUSINESS FOR SEVERAL YEARS. UP TO DATE IT HAS A
SATISFACTORY FINANCIAL STANDING, A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOR. 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. AN INITIAL CREDIT
LIMIT OF US$ 1.000.000,00 MAY BE CONSIDERED. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.10 |
|
|
1 |
Rs.100.89 |
|
Euro |
1 |
Rs.73.89 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.