MIRA INFORM REPORT

 

 

Report Date :           

14.03.2012

 

IDENTIFICATION DETAILS

 

Name :

INVERSIONES Y NEGOCIOS J.T. S.A.C.

 

 

Registered Office :

San Enrique Mz. B, Lt. 50, Urb. Los Huertos de Tungasuca, Comas, Lima,7

 

 

Country :

Peru

 

 

Date of Incorporation :

22.07.2004

 

 

Com. Reg. No.:

Electronic Record 11691868

 

 

Legal Form :

Closely-held Corporation

 

 

Line of Business :

Refining and marketing of oily products, which are used to increase the energy value of the diet of birds, cattle, pigs

 

 

No. of Employees :

15

 

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

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

INVERSIONES Y NEGOCIOS J.T. S.A.C.

TAXPAYER REGISTRATION

RUC 20509694011

MAIN ADDRESS

San Enrique Mz. B, Lt. 50, Urb. Los Huertos de Tungasuca, Comas

POSTAL CODE

Lima,7

PROVINCE / DEPARTAMENT

Lima / Lima

STATE / REGION

Lima

COUNTRY

PERU

TELEPHONE

(511) 5433656 - 2217747

E-MAIL

sales@suplemar.com 

WEB

www.inversionesjt.com.pe

 

SUMMARY

 

Date of foundation

2004

Capital stock

S/.60,000.= Nuevos Soles

permanent employees

15

Chief Executive

TARAZONA USQUIANO, JORGE WILFREDO

Disposition

Refused to give information (politely).

Payments policy

Delays but within sector norms

Credit (**)

Indeterminate / Information is insufficient.

 

LEGAL BACKGROUNDS

 

LEGAL STATUS

Closely-held Corporation

DATE OF INCORPORATION

22JUL2004

STARTING DATE

03/11/2004

PLACE OF REGISTRY

Lima

NOTARY OFFICE

Sekula Delgado L Jubica

DURATION

Indefinite.

REGISTRATION

Electronic Record 11691868

INITIAL CAPITAL

S/.60,000.= Nuevos Soles

CURRENT PAID-IN CAPITAL

S/.60,000.= Nuevos Soles

LISTED AT STOCK EXCHANGE

No

SHARE VALUE

S/.1.= Nuevo Sol

CURRENT EXCHANGE RATE (US$)

S/.2.68 per 1.00 USADollar

COMMENTS

The Company was established by Deed dated 22/07/2004 and by Amendment Deed 24/09/2004, granted before Notary Sekula Delgado Ljubica Nada in the city of Lima.

 

DIRECTORS - EXECUTIVES – SHAREHOLDERS

 

FULL NAMES / COMPANY NAME

TITLE

%PART.

SINCE

TARAZONA USQUIANO, JORGE WILFREDO

General Manager

83%

03/11/04

NAGANOMA, RICHARD

Executive Officer

 

 

ROJAS, HUGO

Administrator

 

 

TARAZONA USQUIANO, NORMA FLORENTINA

Shareholder

17%

 

 

WHO IS WHO?

 

TARAZONA USQUIANO, JORGE WILFREDO

NATIONALITY

Peruvian

D.O.B.

30APR1968

ID

DNI 09482356

CIVIL STATUS

Single

DOMICILE

Mariano Ignacio Prado 715, Comas, Lima

PROFESSION

Businessman

TAX ID

10094823566

FATHER'S NAME

Alfredo Tarazona

MOTHER'S NAME

María Usquiano

BACKGROUND INFORMATION

Sets up tax domicile in Calle San Enrique Mz. B, Lt. 50, Comas/LIma,7.

 

 

 

 

TARAZONA USQUIANO, NORMA FLORENTINA

NATIONALITY

Peruvian

D.O.B.

22JAN1974

ID

DNI 09747534

PROFESSION

Businessman

TAX ID

10097475348

BACKGROUND INFORMATION

Sets up tax domicile in  Mariano Ignacio Prado 715, P.J. El Carmen, Comas/Lima,7.

 

BUSINESS HISTORY

 

By 1992 and as a result of changes in the economy in the country, began activity of purchase and sale of oils and fats for small poultry and pig farmers, as an Individual business. In 2002 took the initiative to organize a family business that began to get the equipment and laid the foundation of an organization in full development. This company meant a qualitative leap very important which provided a platform for the vision of a new business: Inversiones y Negocios JT. SAC.
 
As founders are listed Messrs. Jorge Wilfredo Tarazona Usquiano and Norma Florentina Tarazona Usquiano.

 

 


 

RELATED COMPANIES TO SUBJECT COMPANY OR TO MAJORITY SHAREHOLDER

COMPANY NAME

COUNTRY

TAX REG.

RELATION %

CONSTRUCCIONES E INVERSIONES JT & MM S.A.C.

PERU

20535526681

Related

 

 

BUSINESS

 

SIC Classification
2 0 - FOOD AND KINDRED PRODUCTS (Meat products, dairy products, poultry, canned fruits and vegetables, beverages, beer.)

Main activity

Refining and marketing of oily products, which are used to increase the energy value of the diet of birds, cattle, pigs.
 
Processing of fishery products for human consumption.
 
Brands sold:  "AVIBLEND", "ACEITE SEMIREFINADO", "MIX OIL", "ACEITE GRAMIX", "ENCANTO"

Import

No

Export

No

% CASH SALES / METHOD

30%

% Credit SALES / Terms

70% Terms: 30, 60, 90 days

% DOMESTIC PURCHASES

100%

SELLING TerritorY

100% in the National market

EMPLOYEES

15

Location

 

 

PREMISES

Own

OTHER PREMISES

The main address corresponds to the Registered Office and Plant Nº 1 of the investigated company.
 
Plant Nº 2:  Mz. J3, Lt.1, Parque Industrial Acompia (Alt. Km. 47.5 Panamericana Norte), Ancón, Lima
 
Administrative Offices: Av. Nicolás de Piérola 722 (al contado del Banco Continental), Lima.
 
Other location:  Av. Jorge Basadre 255, Int. 702, San Isidro/Lima,27.

Comments

Until 2009 made imports from Trinidad and Tobago.

 

 


 

FINANCIAL INFORMATION

 

Interviewee(s)

Ricardo Naganoma

Position(s)

Executive Offcer

Disposition

Refused to give information (politely).

Information provided

Firstly, we contacted Mr. José Wilfredo Tarazona Usquiano (General Manager) who said he did not know or understood much of these things, that we should better talk with Mr. Ricardo Naganoma (Executive) who would decide whether or not information would be provided. We did as indicated and we talked with Mr. Naganoma, who suggested we sent our request in writing to analyze it. We complied with this requirement immediately.
 
Receiving no response, we again talked with Mr. Naganoma, who told us that we must understand that they can not give information like that to others and much less if it is so confidential. He added that if any company was interested in some kind of business deal with them that they should be identified, so they could confirm if we've been truly entrusted with their profile; Otherwise they will not agree to answer to our request.
 
In this situation, we initiated the investigation using third-party sources and official where we collected the data that is contained in the report. There were no balance sheets or referential figures of this Company available for assessment.

 

 

SALES

US$ 0.00 ()

FINANCIAL SITUATION

UNDETERMINED
We consider the Financial Situation of the company as Undetermined because lack of financial data prevents us from assessing their current results.
 
Besides , It was not possible to know in detail their current payment behavior against their local suppliers, whereas by other sources researched it has been detected  some protests that were paid already by the Company.
 
On the other hand, in its latest report, the Superintendency of Banking and Insurance gives the Subject Company the Normal rating.

Insurance Comments

It was not possible to obtain any information regarding insurance policies.

 

PAYMENTS RECORD: TRADE REFERENCES

 

(Confidential Information)

Supplier

Country

Comment

Isolectra S.A.C.

PERU

Have not answered our reference request.

Ferreteria Comercial A E.I.R.L.

PERU

We could not contact this company.

 

RISK INFORMATION CENTER

 

 

 

 

 

 

 

 

 

 


 

DELINQUENCY (INVOICES, RECEIPTS, CHECKS)

Creditor

Date of default

Amount S/.

Amount US$

Payment Date

AMERICA MOVIL

03/06/2011

1,210.61

0.00

 

 

DELINQUENCY (PROTESTED DRAFTS, PROMISSORY NOTES)

Drawer

Document

Amount S/.

Amount US$

Protested date

Payment date

ISOLECTRA S.A.C.

DRAFT

0.00

2,794.42

20/06/2011

06/10/2011

FERRETERIA COMERCIAL A E.I.R.LL

DRAFT

0.00

1,133.72

24/01/2011

10/10/2011

INV. Y NEGOCIACIONES MONTANA S.R.L.

DRAFT

0.00

8,000.00

26/01/2011

06/10/2011

INV. Y NEGOCIACIONES MONTANA S.R.L.

DRAFT

0.00

10,000.00

26/01/2011

06/10/2011

INVERSIONES OMEGA 6 E.I.R.L

DRAFT

0.00

8,000.00

28/04/2009

05/10/2009

INVERSIONES OMEGA 6 E.I.R.L.

CHECK

0.00

8,000.00

24/03/2009

06/10/2009

 

 

 

BANKING INFORMATION

 

Bank

CREDITO

INTERBANK

CONTINENTAL

COMERCIO

SCOTIABANK

BIF

HSBC BANK PERU

 

SUPERINTENDENCY OF BANK & INSURANCE (SBS)

 

Debt structure for bank. SBS Latest Consolidated Credit Report as of : 31/01/2012

 

 

 

 

Bank

Debt Rating

Current Debt

S/.

US$

CREDITO

NORMAL

71,483.00

2,539,854.00

INTERBANK

NORMAL

93,559.00

 

SCOTIABANK

NORMAL

13,292.00

22,994.00

CONTINENTAL

NORMAL

1,275,113.00

474,773.00

COMERCIO

NORMAL

9,031.00

150,976.00

BIF

NORMAL

6,859.00

145,830.00

FINANCIERO

NORMAL

 

51,402.00

HSBC BANK PERU

NORMAL

 

16,485.00

Total

1,469,337.00

3,402,314.00

Guarantees

2,763,041.00

5,013,089.00

 


 

CONSOLIDATED DEBT (ALL BANKS)                              ENTITIES NUMBER : 8                           31/01/2012

 

 

 

Domestic Currency

Foreign Currency

LOANS

:

92,928.00

1,252,398.00

DISCOUNTS

:

 

526,179.00

FINANCIAL LEASING

:

 

587,058.00

ADVANCE ON CURRENT ACCOUNT

:

 

4,994.00

CREDIT CARDS

:

74,466.00

 

OTHER INDIRECT CONTINGENT DEBTS

:

 

945,398.00

 

:

1,301,943.00

86,287.00

 

 

--------------------------------------------

--------------------------------------------

TOTAL DEBT

:

1,469,337.00

3,402,314.00

 

 

=========================

=========================

 

:

2,420.00

398,502.00

 

 

Comments :

The SBS gives this Company 100% NORMAL rating from 31/12/2009.

RATING DESCRIPTION ACCORDING TO THE SBS (Caption)

Normal

Good Finantial Situation, Prompt payments, Consistent information. Increasing Trend, Creditworthy.

Potential Problem

Satisfactory Finantial Situation but cash flow can be weak. Irregular payments. Irregular Trend.

Deficient

Fair Finantial Situation, cash problems, profits shortage, delayed and overdue payments.

Doubtful

Heavy Finantial Situation, liquidity shotage, notorious delayed payments, Judicial Collection, Bad Management.

Loss

Bad Finantial Situation, Insufficient funds, declared bankruptcy, debt default.

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.85

UK Pound

1

Rs.77.97

Euro

1

Rs.65.62

 

 

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.