MIRA INFORM REPORT

 

 

Report Date :

08.01.2014

 

IDENTIFICATION DETAILS

 

Name :

DRESDEN LAB S.A.C.

 

 

Registered Office :

Los Ingenieros 130, Urb. Santa Raquel, 2da. Etapa Ate Lima, 3 Lima

 

 

Country :

Peru

 

 

Date of Incorporation :

08.08.2003

 

 

Legal Form :

Closely-held Corporation

 

 

Line of Business :

Sale of pharmaceuticals, veterinary, enzymes and industry.

 

 

No. of Employees :

15

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

Payment Behaviour :

No complaints

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 30, 2013

 

Country Name

Previous Rating

(30.06.2013)

Current Rating

(30.09.2013)

Peru

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

PERU - ECONOMIC OVERVIEW

 

Peru's economy reflects its varied geography - an arid lowland coastal region, the central high sierra of the Andes, the dense forest of the Amazon, with tropical lands bordering Colombia and Brazil. A wide range of important mineral resources are found in the mountainous and coastal areas, and Peru's coastal waters provide excellent fishing grounds. The Peruvian economy has been growing by an average of 6.4% per year since 2002 with a stable/slightly appreciating exchange rate and low inflation, which in 2013 is expected to be below the upper limit of the Central Bank target range of 1 to 3%. Growth has been in the 6-9% range for the last three years, due partly to a leap in private investment, especially in the extractive sector, which accounts for more than 60% of Peru's total exports. Despite Peru's strong macroeconomic performance, dependence on minerals and metals exports and imported foodstuffs subjects the economy to fluctuations in world prices. Poor infrastructure hinders the spread of growth to Peru's non-coastal areas. Peru's rapid expansion coupled with cash transfers and other programs have helped to reduce the national poverty rate by 23 percentage points since 2002, but inequality persists and continues to pose a challenge for the new Ollanta HUMALA administration, which has championed a policy of social inclusion and a more equitable distribution of income. Peru's free trade policy has continued under the HUMALA administration; since 2006, Peru has signed trade deals with the US, Canada, Singapore, China, Korea, Mexico, Japan, the European Free Trade Association, Chile, and four other countries; concluded negotiations with Venezuela, Costa Rica, and Guatemala; and begun trade talks with two other Central American countries and the Trans-Pacific Partnership. Peru also has signed a trade pact with Chile, Colombia, and Mexico called the Pacific Alliance that rivals Mercosur in combined population, GDP, and trade. The US-Peru Trade Promotion Agreement entered into force 1 February 2009, opening the way to greater trade and investment between the two economies. Although Peru has continued to attract foreign investment, political activism and protests are hampering development of some projects related to natural resource extraction.

 

Source : CIA

 


IDENTIFICATION

 

CORRECT COMPANY NAME

DRESDEN LAB S.A.C.

TAXPAYER REGISTRATION

RUC 20507165461

MAIN ADDRESS

Los Ingenieros 130, Urb. Santa Raquel, 2da. Etapa Ate

POSTAL CODE

Lima, 3

DEPT/PROV/REGION/STATE

Lima / Lima

COUNTRY

PERU

TELEPHONE

(511) 3485874

COMMENTS

 

Fax: (511) 3485870

 

 

EXECUTIVE SUMMARY

 

Date of foundation

2003

permanent employees

15

Chief Executive

PEREZ KLAUER, ALFREDO

Disposition

REPORT PREPARED FROM OUTSIDE SOURCES.

Payments policy

Usually to terms / good

Number of times that this company was required: 1

 

 

REPUTATION

 

NOTHING AGAINST COMPANY

 

 

LEGAL STRUCTURE

 

LEGAL STATUS

Closely-held Corporation

 

 

DATE OF INCORPORATION

08AUG2003

STARTING DATE

01/09/2003

PLACE OF REGISTRY

Lima

 

 

NOTARY OFFICE

Javier Aspauza Gamarra

DURATION

Indefinite

INITIAL CAPITAL

S/.1,000.= Nuevos Soles

 

 

CURRENT EXCHANGE RATE (US$)

S/.2.78 per USD1.00

 

 

COMMENTS

 

The investigated company is set as RV REPRESENTACIONES COMERCIALES S.A.C. on 08/08/2003 SAC

 

On 04/03/2010 changes to the current name: DRESDEN LAB SAC

 


DIRECTORS - EXECUTIVES – SHAREHOLDERS

 

FULL NAMES / COMPANY NAME

TITLE

%PART.

SINCE

PEREZ KLAUER, ALFREDO

Manager

50%

 

PEREZ KLAUER, RAFAEL

Shareholder

50%

 

 

 

WHO IS WHO?

 

PEREZ KLAUER, ALFREDO

TITLE

Manager

NATIONALITY

Peruvian

D.O.B.

10JAN1968 (Jesús María / Lima / Lima)

ID

DNI 09300214

CIVIL STATUS

Married

DOMICILE

Rafael 271, San Borja, Lima / Lima

TAX ID

10093002143

FATHER'S NAME

Alfredo Pérez

MOTHER'S NAME

Vilma Klauer

BACKGROUND INFORMATION

On 24/02/2012 he was appointed Manager of Transactional Products of BANCO SANTANDER PERU SA

 

CENTRAL RISK : No registered protested documents , closed checking accounts, canceled credit cards.

 

SUPERINTENDENT OF BANKING AND INSURANCE : In its last report to 30/10/2013 i was registered obligations for S/.52,156.= and US$216,127 = , comprised of : . . Employed credit cards for purchases S/.17,159.= and US$2,652.= , mortgage loans for housing US$213,348.= , income accrued on outstanding loans S/.71.= and US$127.= , with its 100 % rating NORMAL. Guarantees US$487,587.=

 

The structure of the debt at that time consisted of :

CREDITO                         S/.16,951.=           US$216,127.=

B. RIPLEY                                   222.=                                0.=

SANTANDER PERU            34,983.=                                0.=

 

Latest ratings :

September/3013 : NORMAL 99.16 % , 0.84% POTENTIAL PROBLEM

August/2013 100% NORMAL

July/2013 : NORMAL 99.34 % , 0.66% POTENTIAL PROBLEM

February/2013 to Juny/2013: 100% NORMAL

January/2013 : NORMAL 99.46 % , 0.54% POTENTIAL PROBLEM

December/2010 to December/2012: 100% NORMAL

 

 

ASSOCIATED AS PER OUR DATABASE TO

COMPANY

TITLE

TAX REG

COUNTRY

CONSORCIO DE SERVICIOS DE TRANSPORTE S.A.C.

 

20514154695

PERU

 

 

 

 

PEREZ KLAUER, RAFAEL

TITLE

Shareholder

NATIONALITY

Peruvian

D.O.B.

07JUL1974

ID

DNI 09997644

TAX ID

10093002143

BACKGROUND INFORMATION

According to SUNAT, it has fixed offices at Calle Rafael 271, Urb. San Borja, San Borja / Lima, 41

 

 

BUSINESS HISTORY

 

Founders: Alfredo y Rafael Pérez Klauer  (500 shares each one).                                                                                      

 

 

BUSINESS

 

SIC Classification

5 1 - WHOLESALE TRADE-NON-DURABLE GOODS. (Papers, Perfumes, drugs, hardware, Groceries, apparel, food, dairy products, beverages.)

Main activity

Sale of pharmaceuticals, veterinary, enzymes and industry.

O P E R A T I O N S

Import

Yes

Country

Finland, Germany, Korea, Taiwan

ANNUAL Imports In US$ (CIF)

YEAR

AMOUNT

2013

4,799,808.00

2012

9,377,658.00

2011

4,700,049.00

Export

No

SELLING TerritorY

100% Domestic market

EMPLOYEES

15

LOCATION

OTHER PREMISES

The Headquarters of the company operate at the heading address.

Previously had tax domicile at the following addresses:

- Av. Los Ingenieros 124, Urb. Santa Raquel, 2da. Etapa, Ate / Lima (Suspended on 18/04/2013)

- Av. San Luis 2614, Int. 1, San Borja / Lima, 41 (Suspended on 19/05/2010)

- Av. Del Sur 368, Dpto. 204, Surco  / Lima, 33 (Suspended on 15/09/2003)

Comments

 

The company has been created with the purpose of engaging in:

A) the import, export, marketing and distribution of supplies for industry *

B) And it is understood included in the corporate purpose the acts related, that contribute to the achievement of its goals ....

 

According SUNAT, the number of employed workers is 15 to October 2013.

 

 


FINANCIAL INFORMATION

 

Disposition

REPORT PREPARED FROM OUTSIDE SOURCES.

Interviewee(s)

Terceras fuentes

Information provided

We must indicate that all data contained in this report were collected through indirect means, it was not possible to obtain direct information. They refused to assist us.

 

We had access to financial balances or reference numbers.

 

 

SALES

US$ 0.00 ()

FINANCIAL SITUATION

FAIR

Despite not having available financial statements, we could know that compliance is punctual in payments. So far it has not been detected notes against it.

Main fixed assets of the company (general detail)

 

It was not possible to obtain information on insurance.

 

TRADE REFERENCES, CREDIT BUREAU, LAWSUITS, BANKS

 

(Confidential Information)

 

TRADE REFERENCES

Supplier: SHARFF LOGISTICA INTEGRADA S.A.

Tel.: 511 5171650

Country: PERU

Goods/Services? : customs and transport

 

 

Highest credit? : DC Not specified

 

Current

Client since? : 2011

Terms? : 15-30 days

Performance? : Prompt

Comments : Good client - prompt

Supplier: CASOR ADUANEROS S.A.C.

Tel.: 511 6136262

Country: PERU

Goods/Services? : Customs service

 

 

Highest credit? : DC Not specified

 

Current

Client since? : 2010

Terms? : 15-30 days

Performance? : Prompt

Comments : Good client - prompt

Supplier: GARCIA PERSICO S.A.C.

Tel.: 511 465-7516

Country: PERU

Goods/Services? : Customs service

 

 

Highest credit? : DC Not specified

 

Current

Client since? : 2010

Terms? : 30-90 days

Performance? : Prompt

Comments : Good client - prompt//

 


CREDIT BUREAU COMMENTS


No of protested documents, closed checking accounts, canceled credit cards, tax and social security debts with AFP.

 

SUPERINTENDENCY OF BANK & INSURANCE (SBS)

 

Debt structure for bank. SBS Latest Consolidated Credit Report as of : 31/10/2013

 

Bank

Debt Rating
(*) See caption

Current Debt

DOMESTIC CURRENCY

FOREIGN CURRENCY

CREDITO

NORMAL

26,529.00

628,337.00

BANBIF

NORMAL

392.00

611,632.00

INTERBANK

NORMAL

 

109,162.00

SCOTIABANK

NORMAL

 

480,838.00

CONTINENTAL

NORMAL

 

757,119.00

COMERCIO

NORMAL

 

516,767.00

FINANCIERO

NORMAL

 

324,158.00

HSBC BANK PERU

NORMAL

 

494,887.00

Total

26,921.00

3,922,900.00

Guarantees

817,481.00

3,009,590.00

 

 

Comments :

The SBS gives 100% NORMAL rating from 31/12/2010. BBVA BANCO CONTINENTAL BANCO DE CREDITO DEL PERU - BCP SCOTIABANK PERU SAA BANCO INTERAMERICANO DE FINANZAS - BANBIF BANCO FINANCIERO BANCO INTERNACIONAL DEL PERU - INTERBANK The investigated work with the above-mentioned banks which do not provide references about its clients by respect to bank secrecy. However, by indirect means we know that normally comes canceling their bank liabilities (current account advances, credit cards, letters discounts, loans, financial leasing, guarantees).

 

 

GENERAL INFORMATION

 

Explanation about commercial reputation                                                                                                    

                                                                                                                                                                                  

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.38

UK Pound

1

Rs.102.25

Euro

1

Rs.84.97

 

 

INFORMATION DETAILS

 

Report Prepared by :

NNA

 

 

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.