MIRA INFORM REPORT

 

 

Report No. :

333925

Report Date :

03.08.2015

 

IDENTIFICATION DETAILS

 

Name :

IMPORTACIONES ZEGARRA S.R.L.

 

 

Registered Office :

Mza. D Lote. 6 Z.I. Parq. Industrial Rio Seco Arequipa - Arequipa - Cerro Colorado, Arequipa Peru

 

 

Country :

Peru

 

 

Date of Incorporation :

30.12.2009

 

 

Legal Form :

Sociedad De Responsabilidad Limitada

 

 

Line of Business :

Import and Commerce of Chemical Products mainly for the Leather Industry.

 

 

No. of Employees :

04

 

 

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 :

Small Company

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 – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

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 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 grew by an average of 5.6% from 2009-13 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%. 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. Growth slipped in 2014, due to weaker world prices for these resources. 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. The HUMALA administration passed several economic stimulus packages in 2014 to bolster growth, including reforms to environmental regulations in order to spur investment in Peru’s lucrative mining sector, a move that was opposed by some environmental groups. 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, El Salvador, India, Indonesia, Turkey and the Trans-Pacific Partnership. Peru also has signed a trade pact with Chile, Colombia, and Mexico, called the Pacific Alliance, that seeks integration of services, capital, investment and movement of people. Since the US-Peru Trade Promotion Agreement entered into force in February 2009, total trade between Peru and the United States has doubled.

 

Source : CIA

 

 

STATUTORY INFORMATION

Legal Name:

IMPORTACIONES ZEGARRA S.R.L.

Trade Name:

IMPORTACIONES ZEGARRA

RUC:

20455452377

Date Created:

2009

Date Incorporated:

30/12/2009

Legal Address:

MZA. D LOTE. 6 Z.I. PARQ. INDUSTRIAL RIO SECO AREQUIPA - AREQUIPA - CERRO COLORADO, AREQUIPA PERU

Operative Address:

MZA. D LOTE. 6 Z.I. PARQ. INDUSTRIAL RIO SECO AREQUIPA - AREQUIPA - CERRO COLORADO, AREQUIPA PERU

Telephone:

5154488134

Fax:

51965611569

Legal Form:

Sociedad de Responsabilidad Limitada

Email:

NA

Registered in:

Perú

Website:

No website

Contact:

ZEGARRA BORDA RICARDO VICTOR EMILIO, General Manager

Staff:

4

Activity:

Chemical Industry

 

 

BANKS

Banco Nacional del Perú

 

 

 

The company maintains no credit lines with any national bank

History

 

Previous Address

Inactive Date

URB. ZAMACOLA CAL. MANTARO 501 AREQUIPA -AREQUIPA -CERRO COLORADO

04/08/2014

URB. SAN MARTIN DE SOCABAYA CAL. HUACHO 109 AREQUIPA -AREQUIPA -JOSE LUIS BUSTAMANTE Y RIVERO

24/01/2012

 

 

 

The company was established in 2009

 

 

PRINCIPAL ACTIVITY

 

 

The company is dedicated to the import and commerce of chemical products mainly for the leather industry.

Products/Services description:

WETLAND PRODUCTS
RETANNED RESINS
SYNTHETIC RESINS
COMPACT RESINS AND FINISHES
FINISHING AUXILIARY
MODIFIERS TOUCH
METAL COMPLEXES
PIGMENTS
FATS AND OILS
CHROME

Brands:

BASF
KEM COLOR
SEICI
KEMITER
VISHNU CHEMICALS

Sales are:

Wholesale

Clients:

Leather Industry

Suppliers:

ZSCHIMMER & SCHWARZ GmbH & Co KG CHEMISCHE FABRIKEN
Germany

VISHNU CHEMICALS LIMITED
India

Operations area:

National

The company imports from

Germany, India, Spain, Argentina

The company exports to

No exports

The subject employs

4 employees

Payments:

Slow but correct

 

 

LOCATION

 

Headquarters :

MZA. D LOTE. 6 Z.I. PARQ. INDUSTRIAL RIO SECO AREQUIPA - AREQUIPA - CERRO COLORADO, AREQUIPA PERU

Branches:

Warehouse: NRO. - MZA. J LOTE. 2-A2 Z.I. RIO SECO AREQUIPA - AREQUIPA - CERRO COLORADO

 

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

Listed at the stock exchange:

NO

Capital:

NA

Shareholders:

This is a private company. Major holder is the Zegarra family.

 

Management:

ZEGARRA BORDA RICARDO VICTOR EMILIO, General Manager
ZEGARRA RONDON PABLO JAMPIERO, Manager

 

 

FINANCIAL INFORMATION

 

 

The company does not make its financial figures public.

 

 

Imports FOB DOLLAR

 

2014

108.548

2013

173.309

2012

263.180

2011

374.292

2010

353.500

 

 

LEGAL FILINGS

 

 

There are no legal for the subject

 

 

SUMMARY

 

 

The company is dedicated to the import and commerce of chemical products mainly for the leather industry.

 

The company has 6 years of experience in the market, with a small sized structure and mainly imports from India, Argentina and Germany.

 

The company’s imports have decreased in the last years. 

 

There are no negative records or official debts for the subject.

 

 

RISK INFORMATION

 

DEBTS

 

PAYMENTS

Slow but correct

CASH FLOW

Normal

STATUS

Active

 

 

INTERVIEW

 

NAME

Ricardo 

POSITION

Manager 

COMMENTS

He only confirmed address and legal name. He said he could not provide information for private reasons. 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.64.00

UK Pound

1

Rs.99.84

Euro

1

Rs.70.16

 

 

INFORMATION DETAILS

 

Analysis Done by :

KAR

 

 

Report Prepared by :

TPT

 

               

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%)

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.