MIRA INFORM REPORT
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Report Date : |
13.09.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
IMPORTADORA CAPRILE S.A. |
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Registered Office : |
Almirante Blanco Encalada 1623 Of. 1403 , Valparaíso, V Region De Valparaíso |
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Country : |
Chile |
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Date of Incorporation : |
02.01.1987 |
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Legal Form : |
Private Stock Company |
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Line of Business : |
Wholesale Import & Sale of
foodstuffs, spices and condiments |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
39.000.000 Pesos |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Regular |
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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 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Chile |
a2 |
a2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
IDENTIFICATION
IMPORTADORA CAPRILE S.A.
Almirante Blanco Encalada 1623 Of. 1403
Valparaíso
V Region De Valparaíso
CHILE
Telephone : 56-32-2228405, 56-32-2228423
Fax
: 56-32-2229373
E_Mail : caprile@entelchile.net
, juliofarinat@hotmail.com
TAX : 79.694.980-5
SUMMARY
Started
: 1987
Total
Employees : 40
Payments :
Prompt
Capital
: 000's$ 170.000.-
Sic(s) : 5149
Line of Business: Wholesale import & sale of
foodstuffs, spices and condiments.
EVALUATION
Interpretation at the end of the
report.
Credit Recommendation
000's
Pesos 000's US$
dollars 000's Euros
Conservative value
:
39.000
83 63
Liberal value
: 42.900
92
69
If additional information is received or present
information is rectified, this
recommendation may be modified.
Payment Scoring = [ 100 ]
Financial
indicators
Financial statements could not be obtained, thus
financial analysis can not be
carried out
COMMERCIAL INFORMATION
Commercial Bulletin
: As at 09/09/2011 subject does not register protested
checks, bank drafts nor promissory notes in the
commercial information bulletin
Labor
Bulletin : As at
09/09/2011 does not register labor infringements
Previsional Bulletin : As
at 09/09/2011 does not register pension fund's
infringements
Consolidated delinquency : As at 09/09/2011,
subject does not register any
delinquent bill
TRADE REFERENCES
Trade references are supplied as follows:
Detail of References
Old
: Since 1997
Last purchase :
Terms
: 30 days
Payment
: Prompt
Notes
: checks
Credit
: -
Owes
: Does not Register
Due
: Does not Register
Paying Comments: Good
Only one purchase has been made this year. Amount
remained undisclosed.
Detail of Former Trade References
--------------------------------------------------------------------------------
Last
Credit Owes
Old
Purch. Payment.
Notes
(000'sUS$) (000'sUS$)
--------------------------------------------------------------------------------
Since 1999 06-08
Prompt
invoice
Open None
Since 1997 02-09
Prompt
checks
Open None
Since 1997 09-08
Prompt
checks
Open
-
15 years 03-06 Prompt
checks
Open
-
10 years 03-06
Prompt
checks
Open
-
Since 1987 03-06
Prompt
invoice
5.000
-
15 years 06-05
Prompt checks
Open
-
10 years 06-05
Prompt
checks
Open
-
5 years 03-05
Prompt
invoice
6.000
-
10 years 02-04
Prompt checks
5.000
-
5 years 02-04
Prompt
checks
-
-
Subject does not register protests, delinquent
debts nor labor infringements or
delayed payments to pension funds up to date.
According to the taxpayer ID indicator, it has
registered 21 inquiries over
the last 6 months - requested by banks,
service companies, industries, and
other businesses in general.
AVERAGE PAYMENTS IN CHILE
International Risk and Payment Review reported in
May 2011
The local delays in payment average 0-1 month.
BANKS
Subject operates with the following banks:
- Banco Bilbao Vizcaya Argentaria, Chile,
branch Valparaíso
- Banco de Credito e Inversiones, branch
Valparaíso
- Banco Internacional, branch Valparaíso
- Banco Santander Chile, branch Valparaíso
- Banco Security
- Corpbanca, branch Valparaíso
- Rabobank Chile
OPERATIONS
Line of Business : Wholesale Import & sale of
foodstuffs and condiments, such as
canned food, raw peanuts, pineapple, birdseeds, hemp, and
others.
Classification according to commercial activity:
Sic: 5149-0000 Groceries and related products
Commercializes:
- Cafe Do Brasil (Brasil)
Subject is considered as a medium company in this
line of business, high
competition
Sales
Sales are steady throughout the year
100% wholesalers
National sales territory
Products are sold
National: 100%.
Sales conditions: Cash and term payments to 30
& 60 days.
of Exports obtained from Customs'National Service
Country
%last year %Accum.
-------------------------------------------------------
United
Kingdom
0,00 100,00
***These records correspond to returnings, not
sales.
Historical registries
Total 2010 =
000's$ 0 Accumulated
2011 = 000's$ 4.731
Customers
Main customers are: Supermarkets,
distributors among other
The 11 most important customers are:
Cramer Productos Aromaticos S.A.C.I.,
Carlos, Cencosud Supermercados S.A.,
Abastecedora del Comercio Ltda.,
Distribuidora del Pacifico S.A., Rabie y Cia.
S.A., Jorge, Velarde Hermanos S.A.,
Frutisa S.A., Ideal S.A., Importadora y
Comercial Starfood Ltda., Importadora Cafe
Do Brasil S.A. and Industria de
Maiz y Alimentos S.A.
Purchases
Domestic and international purchases
Imports from Germany, Argentina, Bolivia, Brazil,
Canada, China, Ecuador, Spain,
India, Indonesia, Madagascar, Mexico, Poland,
Syria, Sri Lanka, Thailand,
Turkey, United States, Venezuela and Vietnam.
Records of Imports obtained from Customs'National
Service
Country
%last year %Accum.
-------------------------------------------------------
Argentina
25,74 20,47
Canada
14,81 9,19
China
13,06 21,07
Sri
Lanka
10,63 10,00
Indonesia
7,45 4,54
Brazil
6,11 3,83
Thailand
4,47 2,01
India
4,08 3,55
Germany
2,89 0,83
Ecuador
2,85 0,00
Mexico
2,10 1,76
Syria
1,57 4,06
Bolivia
0,81 7,00
United
States
0,70 8,80
Turkey
0,68 1,58
Venezuela
0,66 1,16
Spain
0,48 0,00
Poland
0,43 0,00
Vietnam
0,34 0,00
Madagascar
0,13 0,08
Historical registries
Total 2010 =
000's$ 2.256.336 Accumulated
2011 = 000's$ 1.659.965
Total 2008 =
000's$ 2.352.859
Total 2007 =
000's$ 1.649.900
Total 2005 =
000's$ 1.598.612
Main suppliers
- Importadora y Comercial Starfood Ltda.
- Industria de Maiz y Alimentos S.A.
- Industrias Floramatic Ltda.
- Oxiquim S.A.
- Velarde Hermanos S.A.
Employees: 40 employees
Location
- Management offices located at Almirante
Blanco Encalada 1623 Of. 1403
Valparaíso, Chile, commercial area,
main street of normal traffic,
construction in good conditions
Branches (09/09/2011)
- Avda. Presidente Eduardo Frei Montalva
9251 Quilicura Santiago Chile
RELATED COMPANIES
Subject is related with the following company:
- Transportes Alpinos Ltda.
FIXED ASSETS
Real estates (09/09/2011)
Subject does not register real estates
Vehicles (09/09/2011)
Owns vehicles for the company's use
1 station wagon Peugeot, 1 van , 3 trucks 3000 y
5000 Kg..
Machinery & Instalations (09/09/2011)
Equipments and machinery, not specified
INSURANCES (09/09/2011)
Insurance Company:
-Penta Seguros Generales S.A.
Due
: Unspecified due dates
In
force : Annual
Risks
: Fire & robbery.
Objetive
: Assets in general.
ADMINISTRATION
General Manager and
: Jesús Goiri Breton TAX:3097393-3
Legal Rep.
Auditor
: Julio Fariña
Administrative : Manuel García
Supervisor
CURRICULUM
Jesús Goiri Breton
T A
X
: 3097393-3
Position
: General Manager and Legal Rep.
LEGAL INFORMATION
Legal Structure :
Private Stock Company
Constitution date : 02/01/1987
Notary
: Noris Hormaechea Solé, Valparaíso
Term of duration : Indefinite
Legal
Address : Valparaíso - Chile
Published
in : Official Gazette dated
14/01/1987 page Nº 10
Current Social Capital: 000's$ 170.000.-Divided to
1.320.- registered shares
unique series
Social Initial Capital: 000's$ 120.000.-
Shareholder : 5
- 10477191-2 María Eugenia Beatriz Goiri Rayo
- María Cecilia Goiri Rayo
- Jesús Goiri Rayo
- María Eugenia Rayo Sanhueza
- 3097393-3 Jesús Goiri Breton
Administration is held by General Manager and Legal
Rep..
Legal changes
Public Deed dated 28/01/2005, notary Gastón Flores
Estay, Valparaíso, published
in the Official Gazette dated 17/03/2005 page N°
13, capital was increased: from
$120.000.000 divided into 1.200 no par value
shares, to $170.000.000 divided
into 1.320 no par value shares.
INFORMATION SOURCES
On 09/09/2011 Mr. Jesús Goiri Breton,
General Manager and Legal Rep., declined
financial figures, however, submitted the
data shown in this report.
-Other outside information sources.
Exchange rate
-As at 12/09/2011 $466,74 Per US$
CREDIT
RECOMMENDATION
Credit recommendation amounts are assigned
according to criteria usually used in
the commercial credit evaluation.
The amounts are based on the risk percentages'assignment
to the following
indicators: Trade references, number of
employees, legal structure, protested
bills, labor & welfare infringements, unpaid
bills, operations, insurances, net
profit, net worth, working capital and liquidity
variations.
INTERPRETATION OF PAYMENT SCORING
The Scoring is arranged as follows: 0 to 40
Delays, 41 to 60 Slow, 61 to 80
Moderate, 81 to 100 Prompt
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.46.97 |
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UK Pound |
1 |
Rs.74.22 |
|
Euro |
1 |
Rs.63.66 |
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 |
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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NB |
New Business |
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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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.