MIRA INFORM REPORT

 

 

Report No. :

350686

Report Date :

23.11.2015

           

IDENTIFICATION DETAILS

 

Name :

COTTON MIX SAC

 

 

Registered Office :

Jr. El Polo Nro. 401 Dpto. 409, Lima / Lima / Santiago De Surco

 

 

Country :

Peru

 

 

Date of Incorporation :

10.01.2004

 

 

Legal Form :

Sociedad Anonima Cerrada

 

 

Line of Business :

Manufacture of Cloth

 

 

No. of Employees :

15

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

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, 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

 

 

 


 

STATUTORY INFORMATION

Comments on Address:

History: Previous address was URB. LA CAMPIÑA AV. ANDROMEDA 1013 LIMA -LIMA -CHORRILLOS changed on 24/02/2012.

Legal Name:

COTTON MIX SAC

Trade Name:

COTTON MIX

RUC:

20507965581

Date Created:

2004

Date Incorporated:

10/01/2004

Legal Address:

Jr. El Polo Nro. 401 Dpto. 409
Lima / Lima / Santiago De Surco
Peru

Operative Address:

Av. De Las Artes Sur 387 Dpto 5to Lima -Lima -San Borja, Peru

Telephone:

51 1 225 8761

Fax:

51 1 225 8761

Legal Form:

Sociedad Anonima Cerrada

Email:

NA

Registered in:

Peru

Website:

No website

Contact:

Luz Mariela Zapata Aguilar, General Manager

Staff:

15

Activity:

Textile Manufacture Industry

 

 

BANKS

BANCO CONTINENTAL

 

 

 

The company does not make its banking data public

History:

 

 

The company was founded in 2004.

 

History: Previous address was URB. LA CAMPIÑA AV. ANDROMEDA 1013 LIMA -LIMA -CHORRILLOS changed on 24/02/2012.

 

 

PRINCIPAL ACTIVITY

 

 

The company is dedicated to the manufacture of cloth

Products/Services description:

Cloth

Brands:

No trademarks registered

Sales are:

Wholesale

Clients:

Distributors / Textile Industry

Suppliers:

RADIANT TEXTILES LTD.
India

SPENTEX INDUSTRIES LTD.
India

GEM SPINNERS INDIA LTD.
India

NAHAR SPINNING MILLS LTD.
India

Sanghi Spinners India Limited
India

Operations area:

National

The company imports from

India

The company exports to

No exports

The subject employs

15 employees

Payments:

Regular

 

 

LOCATION

 

Headquarters :

AV. DE LAS ARTES SUR 387 Dpto 5TO LIMA -LIMA -SAN BORJA, PERU

Branches:

STORAGE: JR. SANTA ROSA NRO. S/N ICA - CHINCHA - CHINCHA ALTA -
STORAGE: CAL.2 MZA. C LOTE. 2 URB. HUERTOS DE SANTA LUCIA LIMA - LIMA - ATE -
STORAGE: SUMAC PACHA MZA. C2 LOTE. 11 ASOC. AGRUPACION AGROP. LIMA - LIMA - LURIN -
STORAGE: CAL.A MZA. A LOTE. 14 URB. IND. PRO (ALT.AV.PANAMERICANA NORTE Y AV.TRAPICHE)LIMA - LIMA - LOS OLIVOS

 

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

 

Listed at the stock exchange:

NO

Capital:

NA

Shareholders:

This is a private company. We could not confirm major holders.

Management:

Rafael Escardo Cuglievan, Sales Manager
Luz Mariela Zapata Aguilar, General Manager
Maria Del Rosario Espejo Otero, Financial Manager
Pedro Cartulin Mayna, Accountant

 

 

FINANCIAL INFORMATION

 

 

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

 

 

LEGAL FILINGS

 

 

SUNAT RECORDS (PERUVIAN REGISTRY)

 

AUTHORIZED
FROM 25/02/2012
TO 01.08.2015

 

 

SUMMARY

 

 

The company is dedicated to the manufacture of cloth.

It has 11 years of experience in the market with a small sized structure of 15 permanent employees.

The company mainly imports from India and operates nationally.

Despite it is active in the Peruvian Registry, there is one record of authorization up to January 2015 which has not yet been updated.

We suggest working with a low credit line and monitoring for the followiing 6 months.

 

 

RISK INFORMATION

 

 

DEBTS

Controlled

PAYMENTS

Regular

CASH FLOW

Normal

STATUS

Active

 

 

INTERVIEW

 

NAME

NA

POSITION

NA

COMMENTS

The telephone (+5112521502) provided by the company does not correspond to the company, it belongs to a particular house. We called and they confirmed that is not a company and they told us they usually receive calls asking for this company.

 

We found another telephone connected to the company; however, we received no response.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.66.09

UK Pound

1

Rs.101.04

Euro

1

Rs.70.85

 

 

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%)

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.