MIRA
INFORM REPORT
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Report Date : |
29.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
ELIAS MAZU Y COMPAŅIA LTDA. |
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Registered Office : |
Buenos Aires 354,
Recoleta, Santiago de Chile |
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Country : |
Chile |
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Date of Incorporation : |
1992 |
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Legal Form : |
Limited Liability
Company |
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Line of Business : |
Manufacture of goods
based on textile materials with the exception of items of clothing. |
RATING &
COMMENTS
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MIRAs Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
IDENTIFICATION
CORRECT COMPANY NAME : ELIAS MAZU Y COMPAŅIA
LTDA.
TAXPAYER REGISTRATION : RUT 79719960-5
OPERATING STATUS :
Active
MAIN ADDRESS : Buenos Aires 354, Recoleta
CITY/PROVINCE/STATE : Santiago de Chile
COUNTRY :
CHILE
TELEPHONE :
(562)735.9239/735.8987
FAX :
(562)735.3462
E - MAIL :
info@emazu.cl; sami_mazu@hotmail.com
WEB SITE :
www.emazu.cl
SUMMARY
Incorporation : 1992
Operating Status :
Active
Employees : No precisado
CR-Rating : Company Refused Information
Payments : Little credit experience available
QUALIFICATION
RATING :
Company Refused Information
PAYMENTS :
Little credit experience available
LEGAL BACKGROUNDS
LEGAL STATUS :
Limited Liability Company
DATE OF INCORPORATION : 1992
REGISTERED IN :
Santiago de Chile
LISTED AT STOCK EXCHANGE : No
CURRENT EXCHANGE RATE : Ps$. 497.70 Pesos per 1.00 U.S. Dollar
COMMENTS -
The participation of the
shareholders below mentioned was not specified.
DIRECTORS / EXECUTIVES / SHAREHOLDERS
FULL NAMES / COMPANY NAME TITLE OWNERSHIP %
MAZU, SAMI Director Yes
MAZU, ELIAS General Manager Yes
BUSINESS
MAIN ACTIVITY -
Manufacture of goods
based on textile materials with the exception of items of clothing.
IMPORT : Yes From India.
Annual
Imports in US $(CIF) :
Year Amount
2006 1,643,380.00
2005 1,737,477.75
2004 2,332,327.75
EXPORT : Yes It was not possible to determine destination of
its exports.
Annual
Exports in US $(FOB) :
Year Amount
2005 40,000.00
% CASH SALES/METHOD : Yes
% CREDIT SALES/TERMS : Yes
% DOMESTIC PURCHASES : Yes
% FOREIGN PURCHASES : Yes
SELLING TERRITORY : National market and abroad.
EMPLOYEES : Not specified.
FACILITIES -
Use
: Tax domicile and administrative seat at
caption address.
COMMENTS -
Selling conditions of the
company are known to be cash and credit. The corresponding percentage was not
specified nor payment conditions for the credit sales.
Regarding the company's purchases
those are made in the local market as well as abroad. Way of payment of its importations was not specified either.
FINANCIAL INFORMATION
This report was produced
with information obtained from third-party sources as databases and official registries,
given reluctance of the executives of the Company to provide us any kind of
information.
Information requests were
submitted to Elias and Sami Mazu, General Manager and Director of the company
respectively, who reported to us at the moment they are not interested in
providing information regarding the company further pointing out they consider
it of confidential character.
Although no unfavourable
information was found at the sources we consulted during our investigation, it
is important to mention as well due to lack of financial information of the
company it is not possible to have an insight of its actual financial capacity.
FINANCIAL SITUATION : UNDETERMINED
The subject Company's
financial position is considered Undetermined due to lack of figures to assess
its financial results. Many times reluctance to show financial statements is to
hide a financial imbalance, but this opinion is not definitive.
PAYMENTS RECORD
TRADE REFERENCES -
Line of Credit Monthly Average Terms(days)) Performance? Time
Products/Services Supplier
1 Open US$ 20,000.=
Ch/.120 days Prompt 15 years Yarns Domestic
COMMENTS
- The supplier we
consulted has reported the subject as a good client.
- A second supplier we
consulted refused to answer our reference request.
LIST OF DOMESTIC SUPPLIERS
Suppliers
listed Alphabetically. There is not
relationship as for the order above
Supplier Telephone
ALGODONERA MANQUEHUE (Sr.
Juan aravena) (562) 5278808
HILANDERIA PIETRO
ROMAGNOLI (562) 5967360
CREDIT RISK CENTRAL -
BANKING INFORMATION
BANKERS
Bank
BANCO DE CHILE
BANCO SANTANDER
BBVA
The aforementioned banks
are considered to be potential financial entities working with the subject
Company, but they do not provide information to third parties under banking
privacy laws in the country.
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SCs 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%)