MIRA INFORM REPORT

 

 

Report Date :           

14.05.2011

 

IDENTIFICATION DETAILS

 

Name :

CRUZ TAPIA, FRANCISCO

 

 

Registered Office :

Agustin Gamarra 654 Tienda 229 Galería Guizado La Victoria, Lima

 

 

Country :

Peru

 

 

Date of Incorporation :

01.06.1985

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Manufacture, import and trading of items of clothing for ladies and children

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Slow but Correct

 

 

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, 2010

 

Country Name

Previous Rating

                   (30.09.2010)                  

Current Rating

(31.12.2010)

Peru

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

IDENTIFICATION                                                                                                                                  

 

CORRECT COMPANY NAME

:

CRUZ TAPIA, FRANCISCO

TRADE NAME

:

"GOYO'S TEJIDOS Y CONFECCION"

TAXPAYER REGISTRATION

:

RUC 10074129884

MAIN ADDRESS

:

Agustin Gamarra 654 Tienda 229 Galería Guizado La Victoria

CITY

:

Lima

DEPARTMENT/STATE

:

Lima

COUNTRY

:

PERU

TELEPHONE

:

4736532

FAX

:

N/A

WEB SITE

:

N/A

 

 

SUMMARY

 

FOUNDATION               : 1985

LAST CAPITAL : No specified

SALES                         : 0.00

EMPLOYEES                : 27

PAYMENTS                  : Delays but within sector norms

CHIEF EXECUTIVE        : CRUZ TAPIA, FRANCISCO

DISPOSITION               : (They) refused to give information at all (impolitely).

 

 

LEGAL BACKGROUNDS                                                                                                                                 

 

LEGAL ESTATUS

:

Sole Proprietorship

DATE OF INCORPORATION

:

01JUN1985

START OF OPERATIONS

:

01/06/1985

REGISTERED IN

:

Lima

NOTARY OFFICE

:

N/A

DURATION

:

Indefinite

REGISTRATION

:

N/A

INITIAL CAPITAL

:

N/A

CURRENT PAID-IN CAPITAL

:

No specified

LAST CAPITAL INCREASE

:

N/A

SHAREHOLDERS' EQUITY

:

N/A

TYPE OF SHARES

:

N/A

LISTED AT STOCK EXCHANGE

:

N/A

SHARE VALUE

:

N/A

CURRENT EXCHANGE RATE

:

S/.2.80 per USD1.00

MEMBERSHIP

:

N/A

 

DIRECTORS / EXECUTIVES / SHAREHOLDERS                                                                                                                                  

 

FULL NAMES / COMPANY NAME

TITLE

CRUZ TAPIA, FRANCISCO

Owner / Manager

 

 

WHO IS WHO?                                                                                                                                  

 

CRUZ TAPIA, FRANCISCO

NATIONALITY                           : Peruvian

BORN                                       : 04JUN1959

DOC OF IDENT.                        : DNI 07412988

 

BACKGROUND INFORMATION .-

He always has worked in businesses of his own.

 

LAWSUITS

 

Claim dated  20/04/2011 filed against him and other seven individuals before the 2nd District Attorney General's Office of Lurin for the alleged crime of APPROPRIATION AND DAMAGES

Aggrieved Party:  Vilcapoma Alfonsa Margarita, Camposano Cabezas Lady Diana.

 

Claim dated 14/03/2011 against him and other three individuals before District Attorney General's Office of Lurin  for the alleged crime of FRAUD (STELLIONATE), C.F.J. (Process Fraudl), C.F.P. (Fraudulent misrepresentation).

Aggrieved Party: The State; Cabezas Vilcapoma Viuda de Camposano Alfonsa Margarita, Ronceros Mallco Julia.

 

Claim dated 27/05/2010 against him and other three individuals before District Attorney General's Office of Lurin  for the alleged crime of FRAUD (STELLIONATE), C.F.P. (Negligent Falsehood).

Aggrieved Party: Cabezas Vilcapoma Alfonsa Margarita.

 

Claim dated 03/05/2010  filed against him and other seven individuals before the  4th Criminal Attorney General's Office of Lima, Case 505010104-2010-40-1, for the alleged crime of QUALIFIED THEFT (HOUSE), MISSAPROPRIATION

Plaintiff: Cabezas Vilcapoma Viuda Camposano Alfonsa Margarita.

 

Francisco Cruz Tapia was filed a criminal proceeding dated 17.04.2000 for ALLEGED KIDNAPPING before 3rd Superior Criminal Court of Lima. 

Aggrieved party: Jorge Luis Rondoy La Chira and Marco Antonio Mariños More.

 

Criminal suit for FRAUD (STELLIONATE) AND DOCUMENT TAMPERING dated 15.04.2009, Aggrieved Party: Alfonsa Margarita Cabezas Vilcapoma

 

Criminal suit for FELONY (VALUABLE GOODS), PROCESS FRAUD AND FORGERY dated 20.03.2009. Aggrieved Party: Alfonsa Margarita Cabezas Vilcapoma, Widow Camposano and Julia Ronceros Mallcco.

Associated as per our database to :

Company

Position

Tax. Reg.

Country

GALERIA PASCO S.A.C.

General Manager

20518387422

PERU

TEXTIL GOYO'S S.A.C.

General Manager

20509205001

PERU

 

HiSTORY                                                                                                                                 

 

This business was formed on 01/06/1985 by Francisco Cruz Tapia, to be engaged in the manufacture of items of clothing.

 

The legal status and activities have not changed since it was formed.

 

 

BUSINESS                                                                                                                                 

 

MAIN ACTIVITY .-

Manufacture, import and trading of items of clothing for ladies and children (t-shirts, suits, etc.)

 

Trademark: GOYOS'S

IMPORT           : No

EXPORT           : No

% CASH SALES/METHOD

:

100%

% CREDIT SALES/TERMS

:

N/A

% FOREIGN SALES (COUNTRIES)

:

N/A

% DOMESTIC PURCHASES

:

100%

% FOREIGN PURCHASES

:

N/A

SELLING TERRITORY

:

Domestic market - 100%

EMPLOYEES

:

27

 

 

LOCATION .-

Premises

:

N/A

Monthly Amount

:

N/A

Time Occupied

:

N/A

Area

:

N/A

Floors

:

N/A

 

Remarks and other Premises .-

The above address belongs to the head offices.

 

OFFICES AND WORKSHOP: Av. Los Jardines Oeste 126 San Juan de Lurigancho, Tel.(511)4584736

 

OTHER PREMISES:

- Jr. Gamarra No.968 La Victoria, Lima 13

- Jr. Unanue No.1593 Int.137 Galería Guizado, La Victoria, Lima 13

- Prolong. Gamarra No.638 Int.101, La Victoria, Lima 13

- Jr. Antonio Bazo No.767 Int.104C, La Victoria, Lima 13

- Jr. Prolong. Gamarra 712 Int.121 C.C. Gamarra, La Victoria, Lima 13

- Jr. Isabel La Católica No.1564, La Victoria, Lima 13

- Av. Santa Luisa No.685 Urb. Azcarrunz, San Juan de Lurigancho, Lima 36

- Jr. Antonio Bazo No.741 Int.320D (Tda 320-D/Galería El Rey de Gamarra) La Victoria, Lima 13

- Calle Santa Luisa No.696 Int. A.A.H. Azcarruz (Cruce con Cajamarquilla), San Juan de Lurigancho, Lima 36

- Jr. Antonio Bazo No.958 Urb. San Pablo, 1er. Piso, La Victoria, Lima 13

 

COMMENTS .-

Main Clients: Distributors and public in general

 

 

FINANCIAL INFORMATION                                                                                                                                  

 

Interviewee(s)

:

N/A

Position(s)

:

N/A

Cooperation

:

(They) refused to give information at all (impolitely).

Information Provided

:

We talked to Francisco Cruz Tapia, Owner, but results were not favorable. He was impolite and refused to give any information.  For this reason, this report has been prepared based on the information collected from different external sources and official. Due to Mr. Tapia's legal backgrounds, he is not obliged to publish financial statements.  This is a sole proprietorship formed in 1985, dedicated to manufacturing and trading items of clothing in the local market,  It has appropriate infrastructure and equipment to carry out its activities. It has a clothing workshop and 10 outlets mainly located in the well-known commercial emporium "Gamarra", considered a medium-sized business.  On the other side, credit bureaus reported some bank and commercial protests and one of the suppliers reported delinquent payments. According to the records of the Attorney General's Office, some claims have been filed against the owner of this business.

 

FINANCIAL SITUATION                        :           UNDETERMINED

Financial situation is deemed to be indeterminate since no accounting figures were available to assess this business current results.

Generally, refusal to give such information deliberately hides financial maladjustments but this opinion is not definite.

 

INSURANCE .-

Subject Company is not insured.

 

 

PAYMENTS RECORD                                                                                                                                  

 

TRADE REFERENCES .-

Supplier

Country

Tel.

Line of Credit

Monthly Average

Terms(days)

Perfomance?

Time

Products/Services

RAB IMPORT E.I.R.L.

PERU

511 4741422

 No specified

N/A

Draft/30 -60 days

Prompt

Sv.years

Industrial machinery

CORPORACION LA NOIRE S.A.C.

PERU

511 4521846

N/A

 No specified

CASH

Delinquent

2009

Customs services

MANUFACTURAS DEL SUR S.A.

PERU

N/A

US$ 40,000.=

 No specified

Draft/90 days

Prompt

2008

Synthetic threads

 

NOTE: Other Suppliers did not provide information or could not be consulted.

Supplier

Country

Tel.

PRODUCTOS DEL MAIZ S.A.

PERU

511 4521846

CORPORACION MISTI

PERU

N/A

 

CREDIT RISK CENTRAL .-

In 2007, the Owner was found a total of three protested bills (overdue on maturity date) for a total sum of US$86,000 Dollars.

 

CREDIT HISTORY .-

 

We asked other suppliers but they do not provide information.

 

 

BANKING INFORMATION                                                                                                                                  

 

BANKERS .-

Bank

Contact

Telephone

Account #

DC (S/.)

FC (US$)

BBVA BANCO CONTINENTAL

N/A

N/A

N/A

N/A

N/A

Financial transactions are carried out in the above entity where it holds current accounts, credit facilities have been granted.

 

Found out a credit card for S/.27,455.= Nuevos Soles and US$1,575.= Dollars, kept in good order. Valid up to date and regular payments. Used credit: 23.01%.

Debt structure for Bank (Domestic Currency)

Bank

% Debt Rating

Current Debt DC

Current Debt FC

BBVA Banco Continental S.A.A.

 

639371

0

 

RATING DESCRIPTION ACCORDING TO THE SBS

Normal .-          Good Financial Situation, Prompt payments, consistent Information, Increasing Trend, Creditworthy.

Potential Problem .-    Satisfactory Financial Situation but cash flow can be weak. Irregular payments. Irregular Trend.

Deficient .-Financial Situation, cash problems, profits shortage, delayed and overdue payments.

Doubtful .-        Heavy Financial Situation, liquidity shortage, notorious delayed payments, Judicial Collection, Bad Management.

Loss .-  Bad Financial Situation, Insufficient  funds, declared bankruptcy,debt default.

 

 

GENERAL INFORMATION                                                                                                                                  

 

REPUTATION .-

CONTRADICTORY REFERENCES/CAUTION

 

CREDIT OPINION                                                                                                                                 

 

Requested Credit Rating :        MAXIMUM

This business is not eligible for credits.

NOTE: The Opinion given is confidential referential and with out liability

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.91

UK Pound

1

Rs.73.06

Euro

1

Rs.64.03

 

 

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.