MIRA INFORM REPORT

 

 

Report Date :

05.04.2012

 

IDENTIFICATION DETAILS

 

Name :

DESARROLLADORA TEKO TEKA S.A.

 

 

Registered Office :

Costa Rica

 

 

Country :

Costa Rica

 

 

Date of Incorporation :

31.08.2010

 

 

Legal Form :

Joint-Stock Company

 

 

Line of Business :

Engaged in real estate activities.

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Undetermined  

 

 

Payment Behaviour :

Unknown  

 

 

Litigation :

---

 

 

 

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Costa Rica

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


IDENTIFICATION

 

CORRECT COMPANY NAME

DESARROLLADORA TEKO TEKA S.A.

TAXPAYER REGISTRATION

CJ 3-101-617657

COUNTRY

COSTA RICA

TELEPHONE

(506) 22276239

E-MAIL

yesa06@yahoo.com

COMMENTS

The investigation of this company has been hindered because the request was made with inaccurate data and without telephone number.
 
As investigated, the Subject Company would be engaged in the Real Estate business at the address shown in the request: Zona de Playa Naranjo, Puntarenas. However, such address is incomplete, therefore it is inaccurate and is located 250 km away from the capital city San José. Thus, its location is difficult to find, but we have placed that address for reference purposes.
 
Contact phone number (Registered Agent): (506) 22276239.

 

SUMMARY

 

 

Date of foundation

2010

Capital stock

C/.10,000.= Colones

permanent employees

Unknown

Chief Executive

NELLORE, SURESH

Disposition

Report prepared through third-party sources.

Payments policy

(No payment experience traced)

Credit (**)

Indeterminate / Information is insufficient.

 

 

 

LEGAL BACKGROUNDS

 

 

LEGAL STATUS

Joint-Stock Company

DATE OF INCORPORATION

31AUG2010

DURATION

99 years

CURRENT PAID-IN CAPITAL

C/.10,000.= Colones

LISTED AT STOCK EXCHANGE

No

SHARE VALUE

C/.1,000.= Colones

CURRENT EXCHANGE RATE (US$)

C/.509.49 per 1 USD

COMMENTS

We have consulted the major Chambers and Associations from Costa Rica, but Subject is not registered in none of them. 
 
Presentation: Volume 2010, Entry 265261.
 
The President and the Secretary have judicial and out-of-court representation with unlimited powers of universal agent.
The directors will last in their position for all the company's term.
 
As investigated, this company is owned by some foreign investors, allegedly American, who live overseas and come to Costa Rica occasionally. The company would be engaged in the real estate sector. No further information could be obtained, but no adverse details on the representatives of the Board of Directors were found.
 
It's worth mentioning that in Costa, Joint-Stock Companies are free to handle shareholders' books only internally. They don't have to record the names of the companies' shareholders in the Public Registries. Consequently, that information is not available, unless the company is willing to provide it or in some exceptional cases where this information can be found in some of the sources consulted during the investigation.

 

 

DIRECTORS - EXECUTIVES – SHAREHOLDERS

 

FULL NAMES / COMPANY NAME

TITLE

%PART.

SINCE

NELLORE, SURESH

President

 

 

BOCK, LARS

Secretary

 

 

SALAZAR JIMÉNEZ, YENSI

Registered Agent

 

 

 

 

 

WHO IS WHO?

 

 

NELLORE, SURESH

NATIONALITY

Costa Rican

ID

PAS. 401762527

BOCK, LARS

NATIONALITY

Costa Rican

ID

C.I. C4CZN6W4N

 

 

BUSINESS HISTORY

 

As investigated, Subject Company would be related to the following local companies:

 

 

 

RELATED COMPANIES TO SUBJECT COMPANY OR TO MAJORITY SHAREHOLDER

 

COMPANY NAME

COUNTRY

RELATION %

3-101-622717 S.A.

COSTA RICA

 

Related

MALIX HEALTHCARE

COSTA RICA

 

Related

PEAK TEAK S.A.

COSTA RICA

 

Related

 

 

 

BUSINESS

 

 

Main activity

We could not locate the physical whereabouts of this company.
The company would be engaged in real estate activities.

EMPLOYEES

Unknown

LOCATION

OTHER PREMISES

As investigated, the company is located at a rural area at about 250 km away from San José, in the coastal area of Puntarenas. It would be engaged in real estate activities. However, its physical whereabouts could not be found.
 
Registered Domicile: San José, Paso Ancho, frente al ICE, casa 8-L (This address is from the lawyer's office where the company was incorporated and which is also its registered agent). 
Phone: (506) 22276239.

 

FINANCIAL INFORMATION

 

 

Interviewee(s)

Terceras fuentes.

Disposition

Report prepared through third-party sources.

Information provided

The lawyer and Registered Agent of the company only said that the owners of this company live abroad and that she could not provide further information until they authorized her. Therefore, we transfered our request for information, but we have not received any reply yet.
 
It's worth mentioning that in Costa Rica, financial information can only be obtained if the companies are willing to provide it as this is confidential and is only required by the Government once a year for tax purposes. However, Government is forbidden by Law to disclose such information. Therefore, it cannot be accessed through third parties.

 

SALES

US$ 0.00 ()

FINANCIAL SITUATION

UNDETERMINED
As the financial statements from the last fiscal year have not been obtained, Subject Company is under an undetermined credit risk. We have no references that allow us to know its payment habits either.

Property of company comments

There are no real estate or vehicles registered under the company name.

Insurance Comments

This information was not available.

 

 

PAYMENTS RECORD: TRADE REFERENCES

 

(Confidential Information)

 

CREDIT HISTORY

No trade references have been found at local level.

 

LAWSUITS

According to our database, there are no lawsuits filed against this company.

 

 

 

BANKING INFORMATION

 

 

Bank

 

According to our investigation, no information was provided and no bankers' information was found in the consulted sources. Let's remind that the only way to obtain bankers' information is if the company itself provides it or authorized banks to do it; otherwise, this may imply criminal penalties. Finally, it's necessary to clarify that the Costa Rican banking system is governed by the bank secrecy act which entitles to reserved every information about their clients.

 

 

 

 

 

GENERAL INFORMATION

 

 

REPUTATION

 

NOTHING AGAINST COMPANY

 

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.51.04

UK Pound

1

Rs.81.08

Euro

1

Rs.67.39

 

 

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.