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Report No. : |
322512 |
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Report Date : |
19.05.2015 |
IDENTIFICATION DETAILS
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Name : |
FUTURE TRENZ S.A.C |
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|
|
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Registered Office : |
Grau NRO. 2156 , URB.Santoyo Lima- Lima -El Agustino |
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|
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Country : |
Peru |
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Date of Incorporation : |
19.04.1995 |
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Legal Form : |
Private Company |
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|
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Line of Business : |
The company is dedicated to the import and wholesale of textile items. |
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|
|
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No. of Employees : |
16 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Peru |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
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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. In order to spur investment in Peru’s lucrative mining sector, it reduced some environmental regulations, in a move that was opposed by 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 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.
|
Source
: CIA |
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Order: |
FUTURE TRENZ S.A.C |
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Address in the order: |
GRAU NRO. 2156 , URB.SANTOYO LIMA- LIMA -EL AGUSTINO PERU |
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Legal Name: |
FUTURE TRENZ S.A.C |
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Trade Name: |
FUTURE TRENZ |
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RUC: |
20265926232 |
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Date Created: |
1995 |
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Date Incorporated: |
19/04/1995 |
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Legal Address: |
Av. Grau Nº 2156 |
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Operative Address: |
Av. Grau Nº 2156 |
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Telephone: |
3275731 - 3625356 |
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Fax: |
NA |
|
Legal Form: |
SOCIEDAD ANONIMA CERRADA |
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Email: |
NA |
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Registered in: |
Peru |
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Website: |
No website |
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Contact: |
GREGORIA SAAVEDRA CANO |
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Staff: |
16 |
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Activity: |
Textile Manufacturing Industry |
The company does not make its banking information public.
The company was created in 1995.
|
|
The company is dedicated to the import and
wholesale of textile items. |
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Products/Services description: |
Ribbon |
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Brands: |
FUTURE TRENZ |
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Sales are: |
Wholesale |
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Clients: |
Textile Industry |
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Suppliers: |
NATURAL RUBBER THREAD CO LTD |
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Operations area: |
National and International |
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The company imports from |
China, India, Thailand |
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The company exports to |
Bolivia |
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The subject employs |
16 employees |
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Payments: |
Regular |
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Headquarters : |
Av. Grau Nº 2156 |
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Branches: |
The company does not have branches |
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Industry: |
|
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
This is a private company. Despite our long search, we
could not confirm major holders. |
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Management: |
SAAVEDRA CANO DE QUARITE GREGORIA, GENERAL MANAGER |
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Related Companies: |
There are no subsidiaries |
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This is a private company which does not make its financial statements
public. |
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|
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There are no financial figures connected to the subject. |
There are no legal connected to the subject
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The company is dedicated to the import and wholesale of textile items. It has 20 years of experience in the market with a small sized
structure. The company mainly imports from China and India and sells nationally
and to Bolivia. There are no negative; however it has a quite low comercial
profile. |
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DEBTS |
Controlled |
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PAYMENTS |
No Complaints |
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CASH FLOW |
Normal |
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STATUS |
Active |
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NAME |
Julia Gutierrez |
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POSITION |
Administrative |
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COMMENTS |
She confirmed address, she refused to provide us with any further
data on the subject. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.55 |
|
|
1 |
Rs.99.86 |
|
Euro |
1 |
Rs.72.67 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
VNT |
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 |
|
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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 |
|
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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 |
-- |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.