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Report Date : |
02.06.2012 |
IDENTIFICATION DETAILS
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Name : |
PARK DAN S.A. |
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Registered Office : |
Avda. Las Tranqueras 224
- Las Condes |
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Country : |
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Date of Incorporation : |
25.09.2008 |
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Legal Form : |
Private Stock Company |
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Line of Business : |
Import and sale of quality control of cosmetics and clothes in general. |
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No. of Employees : |
7 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
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 |
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, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
IDENTIFICATION
PARK DAN S.A.
Avda. Las Tranqueras 224 - Las Condes
Santiago
XIII Region Metropolitana
CHILE
Telephone : 56-2-2015175
E_Mail :
pilar.campos@parkrosegroup.com, luisa.jara@parkrosegroup.com
Web Site :
www.parkrosegroup.com
Postal Code : 7560283
SUMMARY
Started
: 2008
Total
Employees
: 7
Payments
: Prompt
Capital
:
000's$ 30.000.-
Sic(s) : 8748 - 8999
Line of Business: Representation and quality control for cosmetics and clothes.
Credit Recommendation
000's Pesos
000's US$ dollars 000's Euros
Conservative value
: 5.850
11
9
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 30/05/2012 subject
does not register protested
checks, bank drafts nor promissory notes in the
commercial information bulletin
Labor Bulletin : As
at 30/05/2012 does not register labor infringements
Previsional Bulletin : As at 30/05/2012 does not
register pension fund's
infringements
Consolidated delinquency : As at 30/05/2012, subject does not register any
delinquent bill
TRADE REFERENCES
Do not trade with domestic suppliers
During the last 6 months, the account holder credit history shows 8 credit
review inquiries requested by telecommunications companies, consulting and
insurance companies, bank.
The account holder credit report reflects no delinquent payment history, no
protests, and no social
security and/or work infringements as of the date of
this report.
AVERAGE PAYMENTS IN CHILE
International Risk and Payment Review reported in June 2011
The local delays in payment average 0-1 month.
BANKS
Subject operates with the following bank:
- Banco de Chile, branch Apoquindo - Santiago
OPERATIONS
Line of Business : Import and sale of quality control of cosmetics and clothes
in general.
Classification according to commercial activity:
Sic: 8748-0000 Business consulting
Sic: 8999-0000 Services, not elsewhere classified
Subject is considered as a small company in this line of business, strong
competition
Sales
Sales are steady throughout the year
100% wholesalers
National sales territory
Products are sold
National: 100%.
Sales conditions: Credit with invoices
Customers
Main customers are: Retail, laboratories.
The 4 most important customers are:
Laboratorios Prater S.A., Laboratorios Davis S.A., S.A.C.I.
Falabella,
Cencosud Retail S.A.
Purchases
Places orders with multiple suppliers
International: 100%
Purchase conditions: Letter of credit
Imports from China, Taiwan and Thailand.
of Imports obtained from Customs'National Service
Country
%last year %Accum.
-------------------------------------------------------
China
89,32 99,99
Taiwan
10,48 0,00
Thailand
0,20 0,00
Historical registries
Total 2011 = 000's$ 58.608 Accumulated 2012 = 000's$ 14.018
Total 2009 = 000's$ 69.109
Employees: 7 employees
Location
- Management offices at Avda. Las Tranqueras 224 Las Condes Santiago,
Chile,
commercial area, main avenue of normal traffic, construction in
good
conditions
Branches
Subject does not have any branch
RELATED COMPANIES
Subject is related to the following companies:
- Sociedad de Inversiones Solinvest Ltda.
- Global Parkrose S.A. T A X 76043426-4 (Import of clothing and
administration
services)
FIXED ASSETS
Real estates
Subject does not register real estates
Vehicles
Subject has no vehicles
Machinery & Instalations
Subject owns the following
- Office installations .
INSURANCES
Insurance Company:
-RSA Seguros Chile S.A.
Risks : Fire.
Objetive : Property.
ADMINISTRATION
General Manager : Luis
Alberto Akel Valech TAX:7013568-K
Adm. & Finances Manager : Cristóbal Valech
Accountant
: Luisa Jara
Finances'assistant : Pilar Campos
CURRICULUM
Luis Alberto Akel Valech
T A
X
: 7013568-K
Titled as :
Businessman.
Position :
General Manager
Jazmín Akel Valech
Titled as :
Businessman.
Position :
Partner
Daniela Patricia Reti Lacquaniti
Titled as :
Commercial Engineer.
Position :
Partner
LEGAL INFORMATION
Legal
Structure : Private Stock Company
Constitution date : 25/09/2008
Notary :
José Musalem Saffie, Santiago
Term of duration : Indefinite
Legal Address : Santiago - Chile
Published in : Official Gazette
dated 01/10/2008 page Nº 33
Current Social Capital: 000's$ 30.000.-Divided to 30.000.- registered shares
unique series
Social Initial Capital: 000's$ 30.000.-
Shareholder : 3
- Jazmín Akel Valech
- Daniela Patricia Reti Lacquaniti
- 96935300-8 Parkrose Chile S.A.
Administration is held by General Manager.
INFORMATION SOURCES
On 31/05/2012 Miss. Pilar Campos, Finances'assistant, declined financial
figures, however, submitted the data shown in this report.
-Other outside information sources.
Exchange rate
-As at 01/06/2012 $519,69 Per US$
INTERPRETATION OF RISK LEVEL AND CREDIT RECOMMENDATION
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.92 |
|
|
1 |
Rs.86.03 |
|
Euro |
1 |
Rs.69.13 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.