MIRA INFORM REPORT

 

 

Report Date :

17.05.2014

 

IDENTIFICATION DETAILS

 

Name :

CORPORACION GREEN VALLEY S.A.C.

 

 

Registered Office :

Calle Los Amancaes 377, Urb. La Molina Vieja, Dpto. 102 - Altura cuadra 7-8, Av. El Corregidor, La Molina

 

 

Country :

Peru

 

 

Date of Incorporation :

05.05.2008

 

 

Legal Form :

Closely-held Corporation

 

 

Line of Business :

Production, commercialization and sale of agricultural supplies.

 

 

No. of Employees

20

 

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 :

Unknown  

 

 

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 31, 2014

 

Country Name

Previous Rating

(31.12.2013)

Current Rating

(31.03.2014)

Peru

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately  High Risk

C1

High Risk

 

C2

Very High Risk

 

D

 

 

PERU - ECONOMIC OVERVIEW

 

Peru's economy reflects its varied topography - 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. Peru is the world's second largest producer of silver and third largest producer of copper. The Peruvian economy has been growing by an average of 5.6% for the past five years with a stable exchange rate and low inflation, which in 2013 was just below the upper limit of the Central Bank target range of 1 to 3%. For the last three years, this growth was due partly to high international prices for Peru's metals and minerals exports, which account for almost 60% of the country's total exports. Despite Peru's strong macroeconomic performance, dependence on minerals and metals exports and imported foodstuffs makes the economy vulnerable to fluctuations in world prices. Peru's rapid expansion coupled with cash transfers and other programs have helped to reduce the national poverty rate by 28 percentage points since 2002, but inequality persists and continues to pose a challenge for the Ollanta HUMALA administration, which has championed a policy of social inclusion and a more equitable distribution of income. Poor infrastructure hinders the spread of growth to Peru's non-coastal areas. 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 EU, the European Free Trade Association, Chile, Thailand, Costa Rica, Panama, Venezuela, concluded negotiations with Guatemala, and begun trade talks with Honduras and El Salvador, Turkey and the Trans-Pacific Partnership. Peru also has signed a trade pact with Chile, Colombia, and Mexico, called the Pacific Alliance, that rivals Mercosur. Since the US-Peru Trade Promotion Agreement entered into force in February 2009, total trade between Peru and the United States has doubled. 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

CORPORACION GREEN VALLEY S.A.C.

TRADE NAME

GREEN VALLEY S.A.C.

TAXPAYER REGISTRATION

RUC 20492612767

MAIN ADDRESS

Calle Los Amancaes 377, Urb. La Molina Vieja, Dpto. 102 - Altura cuadra 7-8, Av. El Corregidor, La Molina

POSTAL CODE

Lima, 12

DEPT/PROV/REGION/STATE

Lima / Lima

COUNTRY

PERU

TELEPHONE

(511) 994141950

CORPORATE E-MAIL

logistica@cgreenvalley.com

COMMENTS

 

R.P.M.: 0344686 
 
Other e-mail: gerencia@cgreenvalley.com
 
The correct name of the Company is as above indicated.

NOTE

 

The address on your order is an uncomplete and incorrect spelling address, the correct and complete address is as above-mentioned.

 

EXECUTIVE SUMMARY

Date of foundation

2008

permanent employees

20

Disposition

Poor. Very few information was given. Politely.

Payments policy

Delays but within sector norms

Credit (**)

MODERATE RISK. (Acceptable financial situation but limited).

Number of times that this company was required: 2

 

 

 

LEGAL STRUCTURE

 

LEGAL STATUS

Closely-held Corporation

 

 

DATE OF INCORPORATION

05MAY2008

STARTING DATE

01/10/2008

PLACE OF REGISTRY

Lima

 

 

NOTARY OFFICE

Doris Isabel Paredes Haro

DURATION

Perpetual

REGISTRATION

Entry 12163262

 

 

INITIAL CAPITAL

S/.1,000.= Nuevos Soles

 

 

CURRENT EXCHANGE RATE (US$)

S/.2.79 per USD.1.00

 

 

 

 

DIRECTORS - EXECUTIVES – SHAREHOLDERS

 

FULL NAMES / COMPANY NAME

TITLE

%PART.

SINCE

PASTOR MONZON, ROXANA ELENA

General Manager

HERNANDEZ ROMERO, JUAN JOSE

Commercial Manager

90%

RODRIGUEZ, ROOSEVELT

Logistics Manager

MIRANDA MUÑOZ, DIANA CAROLINA

Shareholder

10%

 

 

WHO IS WHO?

 

PASTOR MONZON, ROXANA ELENA

TITLE

General Manager

NATIONALITY

Peruvian

D.O.B.

22NOV1980

ID

DNI 40783550

CIVIL STATUS

Divorced

TAX ID

10407835501

BACKGROUND INFORMATION

According to latest report by the Superintendence of Bank and Insurance, the following was found: 
Accrued return S/.7.=
Found no committed guarantees 
Rating : NORMAL

 

ASSOCIATED AS PER OUR DATABASE TO

COMPANY

TITLE

TAX REG

COUNTRY

NEOBIO S.A.C.

General Manager

20482114882

PERU

 

 

HERNANDEZ ROMERO, JUAN JOSE

TITLE

Commercial Manager

NATIONALITY

Peruvian

D.O.B.

16NOV1975

ID

DNI 18160258

 

 

MIRANDA MUÑOZ, DIANA CAROLINA

TITLE

Shareholder

NATIONALITY

Peruvian

D.O.B.

20MAR1984

ID

DNI 42336841

 

 

 

 

BUSINESS HISTORY

 

CHARTER MEMBERS: Diana Carolina Miranda Muñoz and Juan José Hernandez Romero

 

 

RELATED COMPANIES TO SUBJECT COMPANY OR TO MAJORITY SHAREHOLDER

 

COMPANY NAME

COUNTRY

TAX REG.

RELATION %

CONSORCIO GREEN VALLEY S.A.C.

PERU

(AC) 20559660796

Related

NEOBIO S.A.C.

PERU

(AC) 20482114882

Related

 

 

BUSINESS

 

SIC Classification
T - PROD. QUIMICOS- PLASTICOS- VETERINARIOS-AGROQUIMICOS (Industria quimica en general, Produccion y comercializacion de plasticos y derivados, Veterinarios y agroquímicos, Reactivos)

Main activity

Production, commercialization and sale of agricultural supplies.
 
Brands: MAGSIL PLUS, MAXBIONIC, NUTRIGEN, PROZYME

O P E R A T I O N S

Import

Yes

Country

China, India

ANNUAL Imports In US$ (CIF)

YEAR

AMOUNT

2013

247,336.00

Export

No

% CASH SALES / METHOD

50%

% Credit SALES / Terms

50% at 30 days

% DOMESTIC PURCHASES

85%

% FOREIGN PURCHASES

15%

SELLING TerritorY

Domestic market

EMPLOYEES

20

LOCATION

PREMISES

Own Settled

OTHER PREMISES

Headquarters operate at the above address.
 
Other Premises:
 
- Cal. Sucre Nro. 385, Chepen, La Libertad  
- Cal. Los Tilos Nro. 183 Urb. California, Victor Larco Herrera, Trujillo, La Libertad 
- Mza. J Lote. 05 Urb. Pro Industrial - Sec 3, San Martin De Porres, Lima 
- Av. Cajamarca Norte Mza. C Lote. 05,  Nueva Cajamarca, Rioja, San Martin 
- Mza. L, Lote. 03-A Urb. El Bosque (El Parque Grande), Trujillo  - La Libertad
- Jr. San Manuel Nro. 255d Urb. Santa Luisa, Los Olivos, Lima 

 

 

FINANCIAL INFORMATION

 

Disposition

Poor. Very few information was given. Politely.

Interviewee(s)

Roosevelt Rodriguez

Position(s)

Logistics Manager

Information provided

Mr. Rodriguez provided with general data, except for the financials as she had not been authorized.
Additional information was obtained from third-party sources.

 

SALES

US$ 0.00 ()

FINANCIAL SITUATION

B: FAIR
Despite no balance sheets were available, It is known that the Company meets its obligations irregularly. There is not more information about solvency of the shareholders.

 

TRADE REFERENCES, CREDIT BUREAU, LAWSUITS, BANKS

(Confidential Information)

TRADE REFERENCES

Note : Other suppliers did not provide information or could not be consulted

Supplier

Country

BASF PERUANA

PERU

DROKASA PERU S.A.

PERU

SHARDA MUNDIAL EXPORTACIONES PVT LT

INDIA

RISK INFORMATION CENTER

COMMERCIAL DELINQUENCY

Drawer

Document

Protested date

Amount S/.

Amount US$

Payment date

CHEMICAL PROCESSES INDUSTRIES SAC

Draft

07/01/2014

4,091.91

0.00

CHEMICAL PROCESSES INDUSTRIES SAC

Draft

02/01/2014

4,257.53

0.00

CHEMICAL PROCESSES INDUSTRIES SAC

Draft

02/01/2014

10,620.84

0.00

CHEMICAL PROCESSES INDUSTRIES SAC

Draft

02/01/2014

5,427.74

0.00

CHEMICAL PROCESSES INDUSTRIES SAC

Draft

02/01/2014

8,183.81

0.00

CHEMICAL PROCESSES INDUSTRIES SAC

Draft

25/11/2013

16,367.61

0.00

CHEMICAL PROCESSES INDUSTRIES SAC

Draft

15/11/2013

16,367.61

0.00

CHEMICAL PROCESSES INDUSTRIES SAC

Draft

14/11/2013

8,515.05

0.00

CHEMICAL PROCESSES INDUSTRIES SAC

Draft

14/11/2013

12,061.64

0.00

CHEMICAL PROCESSES INDUSTRIES SAC

Draft

09/10/2013

9,214.05

0.00


CREDIT BUREAU COMMENTS

Found out 13 protested documents  (unpaid on the maturity date) for the total sum of S/.164,485.= (the latest ones are detailed below)

SUPERINTENDENCY OF BANK & INSURANCE (SBS)

Debt structure for bank. SBS Latest Consolidated Credit Report as of : 28/02/2014

Bank

Debt Rating
(*) See caption

Current Debt

DOMESTIC CURRENCY

FOREIGN CURRENCY

SCOTIABANK PERU S.A.A.

NORMAL

199,882.00

CREDITO

NORMAL

174,277.00

FINANCIERO

NORMAL

99,042.00

CMAC PIURA

NORMAL

97,554.00

Total

570,755.00

Guarantees

525,765.00

 

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.58.86

UK Pound

1

Rs.98.82

Euro

1

Rs.80.71

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

PDT

 

               

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.