MIRA INFORM REPORT

 

 

Report No. :

354836

Report Date :

15.12.2015

 

IDENTIFICATION DETAILS

 

Name :

DERBY, S.A.

 

 

Registered Office :

Edificio Derby, Entre Calle 15 Y 16 Ave. Roosevelt, Zona Libre De Colón, República De Panamá Po Box 0302-00118

 

 

Country :

Panama

 

 

Date of Incorporation :

1980

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

Exports gift shop, home, decor, toys, Christmas products.

 

 

No. of Employee :               

95

 

 

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 – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

Panama

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 


 

STATUTORY INFORMATION

 

Legal Name:

DERBY, S.A.

Trade Name:

DERBY 

ID:

49877   

Date Created:

1980

Date Incorporated:

09/09/1989

Date of Writing:

24/01/1980

Legal Address:

Edificio Derby, entre calle 15 y 16 Ave. Roosevelt, Zona Libre de Colón, República de Panamá PO Box 0302-00118

Operative Address:

Edificio Derby, entre calle 15 y 16 Ave. Roosevelt, Zona Libre de Colón, República de Panamá PO Box 0302-00118

Telephone:

(507)441-1022

Fax:

(507)441-5949

Legal Form:

Corporation for Profit

Email:

derby@derbyzl.com

Registered in:

Panama

Website:

www.derbyzl.com

Contact:

PRESIDENT, MORIS ESKINAZI

Staff:

95

Activity:

Wholesale Sector Industry

 

 

BANKS

Central Bank of The Panama

 

 

 

The company does not make its banking data public

 

 

History

 

 

The company started business in 1980.

 

 

PRINCIPAL ACTIVITY

 

 

Derby SA exports gift shop, home, decor, toys, Christmas products and more in Central and South America and the Caribbean.

Products/Services description:

Gifts
Home
Decor
Toys
Teddies
Religious Items
Glassware
Christmas
Portraits
Furniture

Brands:

Montefiori, Soft  Expressions, Royal Heritage, and Pasabahc.

Sales are:

Wholesale

Clients:

GIRALDO GOMEZ IVAN ARTURO
Colombia

RETAIL S.A.
Paraguay

Rafael Mariaca Rada
Bolivia

GOMEZ HOYOS JUAN CARLOS
Colombia

PLAZA OFERTA S.R.L.
Paraguay

DISTRIBUIDOR EXCLUSIVO BRYANT SA
Peru

CORONA IMPORTADORES EIRL
Peru

VARIEDADES MARCOS LTDA
Colombia

Suppliers:

İda Ulus. Taş. İç ve Dış Tic. Ltd
Turkey

Operations area:

National and International

The company imports from

Turkey

The company exports to

Latin America

The subject employs

95 employees

Payments:

No Complaints

 

 

LOCATION

 

Headquarters :

Edificio Derby, entre calle 15 y 16 Ave. Roosevelt, Zona Libre de Colón, República de Panamá PO Box 0302-00118

Branches:

The company does not have branches

 

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

 

Listed at the stock exchange:

NO

Capital:

USD 3,000,000.00

 

THE CAPITAL OF THE COMPANY WILL BE THREE MILLION DOLLARS (US $ 3000.00000) LEGAL CURRENCY OF THE UNITED STATES OF AMERICA DIVIDED INTO THREE THOUSAND (3,000) registered shares with a nominal value of one thousand dollars (1,000.00) each.

Shareholders:

This is a private company. Its oener is MORIS ESKINAZI.

Management:

PRESIDENT, MORIS ESKINAZI
TREASURY, CEFI ESKENAZI
SUB-SECRETARY, NISSO ESKINAZI
SECRETARY, CEFI ESKENAZI
SUB-TREASURY, NISSO ESKINAZI
VICE-PRESIDENT, CEFI ESKENAZI

Directors
CEFI ESKINAZI
MORIS ESKINAZI
NISSO ESKINAZI

Subscribers
MICHAEL BETTIS
MORIS ALKABES

 

 

FINANCIAL INFORMATION

 

 

This is a private company which does not make its financials public.

 

 

 

There are no financial for the subject.

 

 

LEGAL FILINGS

 

 

There are no legal issues regaridng the subject

 

 

SUMMARY

 

 

Derby SA exports gift shop, home, decor, toys, Christmas products and more in Central and South America and the Caribbean.

The company started business in 1980, having now 35 years of experience in business.

It is active, with a high capital subscribed and no negative.

 

 

RISK INFORMATION

 

DEBTS

Controlled

PAYMENTS

No Complaints

CASH FLOW

Normal

SUGGESTED CREDIT LINE

USD 500 000

STATUS

Active

 

 

INTERVIEW

 

NAME

NA

POSITION

Administrative

COMMENTS

The person contacted confirmed address, ownership and activity.

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.66.99

UK Pound

1

Rs.101.78

Euro

1

Rs.73.47

PAB

1

Rs.66.96

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

AMT

 

 

Report Prepared by :

ANK

 


 

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.