MIRA INFORM REPORT

 

 

Report No. :

345131

Report Date :

17.10.2015

 

IDENTIFICATION DETAILS

 

Name :

IMPORTADORA Y DISTRIBUIDORA TALIA S.A.C.

 

 

Registered Office :

Cal.Antonio Raimondi Nro. 370 Urb. San Jose Prov. Const. Del Callao - Prov. Const. Del Callao - Bellavista,

 

 

Country :

Peru

 

 

Date of Incorporation :

01.08.1990

 

 

Legal Form :

Sociedad Anonima Cerrada

 

 

Line of Business :

Subject is engaged in the import of bulbs and lamps for automotive and mining use.

 

 

No. of Employee :

11

 

 

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 :

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)

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:

IMPORTADORA Y DISTRIBUIDORA TALIA S.A.C.

Trade Name:

TALIA S.A.C.

RUC:

20101126138   

Date Created:

1990

Date Incorporated:

01/08/1990

Legal Address:

CAL.ANTONIO RAIMONDI NRO. 370 URB. SAN JOSE PROV. CONST. DEL CALLAO - PROV. CONST. DEL CALLAO - BELLAVISTA, PERU

Operative Address:

CAL.ANTONIO RAIMONDI NRO. 370 URB. SAN JOSE PROV. CONST. DEL CALLAO - PROV. CONST. DEL CALLAO - BELLAVISTA, PERU

Telephone:

451 6663

Fax:

451 6663

Legal Form:

SOCIEDAD ANONIMA CERRADA

Email:

ventas@taliasac.com

Registered in:

Peru

Website:

www.taliasac.com

Contact:

Aza Zuņiga, General Manager

Staff:

11

Activity:

Wholesale Sector

 

 

BANKS

Banco Central del Perú

 

 

 

The company does not disclose its banking information

 

 

History

 

 

The company was founded in 1990

 

 

PRINCIPAL ACTIVITY

 

 

The company is engaged in the import of bulbs and lamps for automotive and mining use, which are distributed nationwide intermediary companies (either wholesale or retail), autoboutiques and parts stores.

Products/Services description:

Spotlights and / or halogen bulbs Narva mark (Germany).
Lighthouses mark Autopal (India); main, auxiliary, universal and Fog lights and work lamps.
Depo Products (Taiwan); front, directional, lateral, Fog lights, rear, bumpers, etc., for various makes and models of heavy and light vehicles, such headlamps: Toyota, Nissan, Mitsubishi, Suzuki, Chevrolet, Hino, ----- Volkswagen, Renault, Isuzu, Peugeot, Ford, Scania, Volvo, Mercedes Benz, among others.
Multipart (Colombia); signaling auxiliary lights with halogen bulbs and LED technology.
Products Nino (Brazil); headlights and fog lamps for Volkswagen and Volvo trucks.

Brands:

Autopal
Narva
Claxon
Hella
Depo
Toyota
Nissan
Volvo
Mitsubishi
Hyundai
Scania
Izusu
Daewo
Mazda
Nino

Sales are:

Wholesale

Clients:

Distribuidores,

Suppliers:

Multipartes S.A.
Colombia

DEPO AUTO PARTS IND.CO.,LTD.
Taiwan

Operations area:

National

The company imports from

Taiwan, Colombia

The company exports to

No exports

The subject employs

11 employees

Payments:

Regular-The comapny pays in advance

 

 

LOCATION

 

Headquarters :

CAL.ANTONIO RAIMONDI NRO. 370 URB. SAN JOSE PROV. CONST. DEL CALLAO - PROV. CONST. DEL CALLAO - BELLAVISTA, PERU

Branches:

There are no branches

 

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

 

Listed at the stock exchange:

NO

Shareholders:

This is a private company. Major holder is AZA ZUŅIGA CARMEN AURORA.

Management:

AZA ZUŅIGA CARMEN AURORA, GERENTE GENERAL
AYULO AZA MANUEL DANIEL, APODERADO

 

 

FINANCIAL INFORMATION

 

 

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

 

 

 

There are no financial for the subject.

 

 

Imports
Annual FOB USD

 

2015

1.027.554

2014

1.650.576

2013

1.802.943

2012

1.922.083

2011

1.209.008

2010

1.115.395

 

 

LEGAL FILINGS

 

 

There are no legal for the subject

 

 

SUMMARY

 

 

The company is engaged in the import of bulbs and lamps for automotive and mining use, which are distributed nationwide intermediary companies (either wholesale or retail), autoboutiques and parts stores.

 

It has a small sized structure and 25 years of experience in the market.

 

It mainly imports from Asia and shows regular payment behaviour.

 

There are no negative records connected to the subject. 

 

 

RISK INFORMATION

 

DEBTS

Controlled

PAYMENTS

Regular

CASH FLOW

Normal

STATUS

Active

 

 

INTERVIEW

 

NAME

Oscar Parias

POSITION

Administrativo

COMMENTS

The person contacted confirmed address, managers, ownership, payment terms, suppliers, staff.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.64.97

UK Pound

1

Rs.100.55

Euro

1

Rs.73.99

 

 

INFORMATION DETAILS

 

Analysis Done by :

KAR

 

 

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%)

 

 

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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.