MIRA INFORM REPORT

 

 

Report Date :

02.05.2012

 

IDENTIFICATION DETAILS

 

Name :

IMPORT EXPORT K S TRADING LIMITADA 

 

 

Registered Office :

Blanco Encalada 1181-A , Iquique , I Region De Tarapacá 

 

 

Country :

Chile

 

 

Date of Incorporation :

03.04.2008

 

 

Com. Reg. No.:

leaf 591 N° 570

 

 

Legal Form :

Limited Liability Partnership 

 

 

Line of Business :

Import, export, trading, elaboration, manufacture, representation and distribution (Retail) of textiles, fabrics, yarns, clothes,  shoes, electronic articles, toys, crockery, etc. 

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Moderate

Payment Behaviour :

Unknown

Litigation :

Exists

 

 

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)

Chile

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

IDENTIFICATION                           

IMPORT EXPORT K S TRADING LIMITADA 
( K S LTDA. ) 

Blanco Encalada 1181-A 
Iquique 
I Region De Tarapacá 
CHILE 


UNABLE TO LOCATE 
As at 27/04/2012 SUBJECT COULD NOT BE LOCATED 
Company is legally registered, but we have been unable to locate it at given 
address. Address is a private residence. We are not able to determine if it is 
engaged in business. Following information is all that could be found out on 
subject. 


INFORMATION SOURCES 
On 27/04/2012 
The company is not registered in commercial and/or telephone directories.

According to of Internal Revenue Services, started activities on Jun  12, 2008. Engaged in the sale of auto parts and implements, code 503000 and  etail of clothes, code 523220. 
No Tax stamping.

-Other outside information sources. 

Exchange rate 

-As at 30/01/2012 $485,35 Per US$ 

 

Commercial information

Commercial Bulletin      : As at 25/04/2012 subject registers the following 
                                    protested documents in the commercial information 
                                                bulletin 
Detail of Protests 


Date            : 19/05/2009 
Note            : Check 
Value           : Ch$ 45.370,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Date            : 17/02/2009 
Note            : Check 
Value           : Ch$ 569.732,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Date            : 17/02/2009 
Note            : Check 
Value           : Ch$ 45.370,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Date            : 17/06/2009 
Note            : Check 
Value           : Ch$ 45.370,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Date            : 01/09/2009 
Note            : Check 
Value           : Ch$ 1.900.000,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Date            : 12/03/2009 
Note            : Check 
Value           : Ch$ 300.000,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Date            : 02/02/2009 
Note            : Check 
Value           : Ch$ 569.732,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Date            : 17/04/2009 
Note            : Check 
Value           : Ch$ 45.370,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Date            : 29/01/2009 
Note            : Check 
Value           : Ch$ 173.200,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Date            : 27/01/2009 
Note            : Check 
Value           : Ch$ 188.615,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Date            : 17/03/2009 
Note            : Check 
Value           : Ch$ 45.370,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Date            : 20/01/2009 
Note            : Check 
Value           : Ch$ 99.833,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Date            : 19/01/2009 
Note            : Check 
Value           : Ch$ 359.399,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Date            : 02/02/2009 
Note            : Check 
Value           : Ch$ 129.900,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Date            : 19/01/2009 
Note            : Check 
Value           : Ch$ 200.000,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Date            : 19/01/2009 
Note            : Check 
Value           : Ch$ 149.950,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Date            : 27/01/2009 
Note            : Check 
Value           : Ch$ 129.900,00 
Bulletin        : 0 Página : 0 
Drawer          : Santander Chile 
City            : Santiago 

Previsional Bulletin   : As at 25/04/2012 does not register pension fund's infringements 

Labor Bulletin           : As at 25/04/2012 registers labor infringements 

Labor Detail 

Date     :07/04/2011 
Reason   :Fines on the labor law legislation      
Value    :Ch$ 106.435,00.- 
Months   :0         
Bulletin :132 
Page     :43804 
Drawer   : Dirección del Trabajo                                                

Consolidated delinquency : As at 25/04/2012, subject registers the following delinquent bills 

Detail of Delinquent Debts 

Date      : 08/02/2011 
Note      : Invoice 
Value     : Ch$ 103.435,00 
Drawer    : Telefónica Móvil 
City      : - 

Date      : 08/07/2010 
Note      : Invoice 
Value     : Ch$ 129.004,00 
Drawer    : Telefónica Móvil 
City      : - 

Date      : 08/03/2010 
Note      : Invoice 
Value     : Ch$ 65.955,00 
Drawer    : Telefónica Móvil 
City      : - 

Date      : 31/08/2008 
Note      : Invoice 
Value     : Ch$ 52.980,00 
Drawer    : Correos de Chile 
City      : - 

Date      : 08/03/2011 
Note      : Invoice 
Value     : Ch$ 77.100,00 
Drawer    : Telefónica Móvil 
City      : - 

The account holder credit report reflects 5 unpaid invoices and 49 protests of 
checks, total amount $9.615.000 as of the date of this report.

Registers 1 work infringement amounting $106.435.-
During the last 6 months, the account holder credit history shows 0 credit 
review inquiry. 

Legal information

Legal Structure      : Limited Liability Partnership 
Constitution date    : 03/04/2008. Registered on leaf 591 N° 570, Trade Register 
                           year 2008, Iquique Real Estates Receivership. 
Notary               : María Antonieta Niño de Zepeda Parra, Iquique 
Term of duration     : 5 Year automatically renewable for equal and successive periods 
Legal Address        : Iquique - Chile 
Published in         : Official Gazette dated 02/06/2008 page Nº 40 

Current Social Capital: 000's$ 10.000.- 
Social Initial Capital: 000's$ 10.000.- 

Partner : 2 

-  99,00% Khalil Muhammad 
-   1,00% Mohinder Kumar Kanda Shaida 

Legal changes 

Public Deed dated 17/09/2008, notary Raúl Undurraga Laso, Santiago, published in 
the Official Gazette dated 10/11/2008 page N° 87, partners were modified: Enzo 
Leonelo Madrigal González, owner of 1% retired, sold and transferred to Mohinder 
Kumar Kanda Shaida.

Administration and power of attorney will be held by Khalil Muhammad.- 

Line of business: Import, export, trading, elaboration, manufacture, 
representation and distribution (Retail) of textiles, fabrics, yarns, clothes, 
shoes, electronic articles, toys, crockery,etc. 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.52.68

UK Pound

1

Rs.85.12

Euro

1

Rs.69.38

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.