MIRA
INFORM REPORT
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Report Date : |
25.06.2008 |
IDENTIFICATION
DETAILS
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Name : |
LUCYTEX S.R.L. |
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Registered Office : |
Jr. Antonio Bazo 699 La Victoria Lima,13/Lima |
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Country : |
Peru |
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Date of Incorporation : |
1997 |
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Legal Form : |
Limited Liability Partnership |
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Line of Business : |
Import and Trading of Flat Fabrics. |
RATING &
COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION
CORRECT COMPANY
NAME : LUCYTEX S.R.L.
TAXPAYER
REGISTRATION : RUC 20375212561
OPERATING STATUS: Active
MAIN ADDRESS : Jr. Antonio Bazo 699 La Victoria
CITY/PROVINCE/STATE :
Lima,13/Lima
COUNTRY : PERU
TELEPHONE : (511)473.0803
E - MAIL : No tiene
SUMMARY
Incorporation :
1997 Operating Status : Active
Last Capital :
S/.450,000.=
Nuevos Soles
Finantial
Situation : UNDETERMINED
Employees :
10
Business Trend :
Undetermined
LEGAL BACKGROUNDS
LEGAL STATUS :
Limited
Liability Partnership
DATE OF
INCORPORATION : 01AUG1997
REGISTERED IN : the Public Registry of Lima
DURATION : Perpetual
REGISTRATION :
Entry
Nº 141778
CURRENT PAID-IN
CAPITAL : S/.450,000.=
Nuevos Soles
TYPE OF SHARES :
Registered
LISTED AT STOCK
EXCHANGE : No
CURRENT EXCHANGE
RATE : S/.2.90 per USA Dollar
COMMENTS .-
It wasn't specified the holding of the 10% of Subject's capital stock.
DIRECTORS / EXECUTIVES /
SHAREHOLDERS
FULL NAMES /
COMPANY NAME TITLE OWNERSHIP %
GALLARDO BARAHONA, MARIA LUCINDA General
Manager 90%
VASQUEZ BARAHONA, MARIA LUZ Assitant
Manager
JARAMILLO, MARIBEL Accountant
WHO IS WHO ?
GALLARDO BARAHONA,
MARIA LUCINDA
NATIONALITY
: Peruvian BORN
: 14NOV1979
DOC. OF IDENT. : DNI 15733950
VASQUEZ BARAHONA, MARIA LUZ
NATIONALITY : Peruvian BORN : 24MAR1971
DOC. OF IDENT. : DNI 15700626
JARAMILLO, MARIBEL
NATIONALITY : Peruvian
Associated as per our database to :
Company Tax.
Reg. Country
BELLAS TELAS SAC 20390228423 PERU
TEXTIL GALLARDO SAC 20415130555
PERU
RELATED COMPANY(IES)
COMPANY NAME COUNTRY TAX.REG.
TEXTIL GALLARDO SAC PERU 20415130555
BUSINESS
MAIN ACTIVITY .-
Subject is involved in the import and trading of flat fabrics.
IMPORT : Yes (From China, Korea and Taiwan)
Annual Imports in US $(CIF) :
Year Amount
2003 877,473.00
2004 297,465.00
2005 582,875.00
2006 638,944.00
2007 1,095,298.00
2008 538,948.00
EXPORT
: No
% CASH SALES/METHOD : 100%
SELLING TERRITORY : Domestic Market.
EMPLOYEES : 10
FACILITIES .-
Premises : Rented
Use
: Headquarters,
Administrative, Commercial and Sales Offices.
Remarks and other Premises .-
Subject is installed on the
ground floor of a three stories trading center, having a
regular appearance and located
in a commercial area.
Other addresses:
Warehouse: Jr. Antonio Bazo
691 1, La Victoria. Lima
Warehouse: Jr. Antonio Bazo
691 Departamento 5, La Victoria. Lima
FINANCIAL INFORMATION
We interviewed the CP. Maribel Jaramillo (Accountant), who provided
Subject's general information. Thus, se
didn't supply any Balance Sheets, as this information is regarded confidential.
Simultaneously, we have applied to several indirect
means and public sources, in order to complement this report, where no updated
Subject's balances, neither referencial figures were available.
FINANCIAL SITUATION : UNDETERMINED
Even though no adverse information has been
traced against Subject, Financial Situation is considered Undetermined, as no
accounting elements were available to assess its results.
Lack of credit experience, prevents from detetermining its liquidity.
INSURANCE .-
No contracts with local insurance companies are registered under
Subject's name.
PAYMENTS RECORD
TRADE REFERENCES .-
LIST OF DOMESTIC SUPPLIERS .-
Suppliers listed Alphabetically.
Supplier _ Telephone _
Ag. Ad. Transcontinental
S.A. (511) 6111500
CREDIT RISK CENTRAL .-
No protested items are
reported to Subject.
LAWSUITS ? .-
No legal actions were found
filed against Subject.
BANKING INFORMATION
BANKERS
Bank
BANCO DE CREDITO DEL PERU
BBVA BANCO CONTINENTAL
Subject carries out its financial
transactions with the aforesaid banks, which don't
provide any references, under internal
confidential policies
However, through thid-parties, we know
Subject is granted with some facilities.
No
adverse information was traced.
SUPERINTENDENCY OF BANK & INSURANCE - SBS .-
The SBS reported
the following debts before the Financial System as at 30APR2008 (Last Report)
Obligations DC(S/.) FC(US$)
Overdrafts-current
account 576.00 0.00
Discounts-drafts 297,550.00 0.00
Foreign trade credit 1,185,894.00 0.00
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Total Indebtedness S/. 1,484,020.00 US$ 0.00
Guarantees S/. 2,997,202.00 US$ 0.00
The SBS ranks Subject Company's indebtedness before the Financial System as follows :
RATING
% RATING DESCRIPTION
ACCORDING TO THE SBS
X
NORMAL 100 Good Financial Situation,
Prompt payments, Consistent and Updated
Information
PROBLEM POTENTIAL Satisfactory
Financial Situation but cash flow can weaken which causes payment
DEFICIENT Deficient
Financial Situation with cash problems, profits shortage, continuos
DOUBTFUL Heavy
Financial Situation, cash flow shortage, continuos delayed payments, ove
LOSS Bad Financial Situation, cash flow does not
cover production costs, Declared b
Debt
structure for Bank (domestic currency)
Bank Amount (S/.)
B. DE CREDITO
237,157.00
BBVA BCO. CONTINENTAL 202,843.00
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 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%)