MIRA INFORM REPORT

 

 

Report No. :

340274

Report Date :

11.09.2015

 

IDENTIFICATION DETAILS

 

Name :

INDUSTRIA EXPORTADORA DE MODAS SAC

 

 

Registered Office :

Jiron Gamarra 893 Urb. San Pablo, La Victoria - Lima - Lima

 

 

Country :

Peru

 

 

Date of Incorporation :

08.09.2010

 

 

Legal Form :

Sociedad Anonima Cerrada

 

 

Line of Business :

Apparel Manufacturing Industry

 

 

No. of Employees :

5

 

 

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:

INDUSTRIA EXPORTADORA DE MODAS SAC

Trade Name:

INDEXMODA

RUC:

20537376504   

Date Created:

2010

Date Incorporated:

08/09/2010

Legal Address:

Jiron Gamarra 893 Urb. San Pablo
La Victoria - Lima - Lima

Operative Address:

Jiron Gamarra 893 Urb. San Pablo
La Victoria - Lima - Lima

Telephone:

51 996860057

Fax:

NA

Legal Form:

SOCIEDAD ANONIMA CERRADA

Email:

ecampos@garantiatextil.com.pe

Registered in:

Peru

Website:

No website

Contact:

OBLITAS GUEVARA JAVIER

Staff:

5

Activity:

Apparel Manufacturing Industry

 

 

BANKS

Banco Central de Perú

 

 

 

The company does not disclose its banking data

History:

 

 

The company was established in Peru in 2010

 

 

PRINCIPAL ACTIVITY

 

 

Company that offers services of weaving, dyeing, thermofijado and branch.

Products/Services description:

Jersey
Fresh Terry
Franela
Full Lycra
Gamuza
Pike Doble
Rip
Hidrosedal

Brands:

INDEXMODA

Sales are:

Wholesale

Clients:

COMPANIA COMERCIAL UNIVERSAL SA
Colombia

MODA AVANZADA S.A.
Colombia

Suppliers:

T T LTD.
India

Operations area:

National

The company imports from

India

The company exports to

Colombia

The subject employs

5 employees

Payments:

No Complaints

 

 

LOCATION

 

Headquarters :

Jiron Gamarra 893 Urb. San Pablo
La Victoria - Lima - Lima

Branches:

*LO. L. COMERCIAL ----PROLONGACION HUANUCO NRO. 1909LIMA - LIMA - LA VICTORIA -
*DE. DEPOSITO CAL.LOS HALCONESMZA. D-2 LOT EL CLUB 2DA ETAPA (CRUCE HALCONES Y CANARIOS)LIMA - LIMA - LURIGANCHO -
*SU. SUCURSAL JR. GAMARRA NRO. 654 INT. 401 LIMA - LIMA - LA VICTORIA -
*LO. L. COMERCIAL JR. AMERICA NRO. 432 (ALT BCO DE CREDITO AV S BARRANCA Y AMERI)LIMA - LIMA - LA VICTORIA

 

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

 

Listed at the stock exchange:

NO

Capital

NA

Shareholders:

This is a private company. Major holder is Oblitas Guevara Javier.

Management:

Oblitas Guevara Javier, General Manager
Elmer Campos, Manager

Related Company:

Garantia Textil S.A.C.
Los Canarios Mz D2 Lote 1, Lurigancho, Perú

 

 

FINANCIAL INFORMATION

 

 

This is a private company. It does not make its financial statements public.

 

 

 

There are no financial connected to the subject. 

LEGAL FILINGS

 

 

 

 

There are no legal connected to the subject

 

 

SUMMARY

 

 

Indexmoda is a company that offers services of weaving, dyeing.

 

The company mainly imports from India and Works in Latin America.

 

It has a small sized structure; however, it is part of a group together with Garantia Textil S.A.C.

 

The company is in good standing; without official omissions in Peru.

 

 

RISK INFORMATION

 

 

 

 

 

DEBTS

Controlled

PAYMENTS

No Complaints

CASH FLOW

Normal

STATUS

Active

 

 

INTERVIEW

 

NAME

Elmer Campos

POSITION

Manager

COMMENTS

He confirmed managers, staff, address and related company.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.66.58

UK Pound

1

Rs.102.29

Euro

1

Rs.74.71

 

 

INFORMATION DETAILS

 

Analysis Done by :

KAS

 

 

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.