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MIRA INFORM REPORT
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Report No. : |
491686 |
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Report Date : |
15.02.2018 |
IDENTIFICATION DETAILS
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Name : |
REPRESENTACIONES VICARDI EMPRESA
INDIVIDUAL DE RESPONSABILIDAD LIMITADA |
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Registered Office : |
Jr. Pablo Neruda Nro. 152 Urb. La
Rinconada (A Espaldas Del Parque La Madre) Puno - San Roman - Juliaca |
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Country : |
Peru |
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Date of Incorporation : |
20.07.2016 |
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Legal Form : |
Individual Limited Liability Company |
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Line of Business : |
Subject is engaged in wholesale of Metals |
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No. of Employees : |
10 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Satisfactory |
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Payment Behaviour : |
Slow but Correct |
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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
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Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
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Peru |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
PERU - ECONOMIC OVERVIEW
Peru's economy reflects its varied topography - an arid lowland coastal region, the central high sierra of the Andes, and the dense forest of the Amazon. 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 copper.
The Peruvian economy grew by an average of 5.6% per year from 2009-13 with a stable exchange rate and low inflation. This growth was due partly to high international prices for Peru's metals and minerals exports, which account for 55% of the country's total exports. Growth slipped from 2014 to 2017, 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 over 35 percentage points since 2004, but inequality persists and continued to pose a challenge for the Ollanta HUMALA administration, which 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. However, in 2015, mining investment fell as global commodity prices remained low and social conflicts plagued the sector.
Peru's free trade policy 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, Honduras, concluded negotiations with Guatemala and the Trans-Pacific Partnership, and begun trade talks with El Salvador, India, and Turkey. 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 US has doubled. President Pedro Pablo KUCZYNSKI succeeded HUMALA in July 2016 and is focusing on economic reforms and free market policies aimed at boosting investment in Peru. Mining output increased significantly in 2016-17, which helped Peru attain one of the highest GDP growth rates in Latin America, and Peru should maintain strong growth in 2018. However, economic performance was depressed by delays in infrastructure mega-projects and the start of a corruption scandal associated with a Brazilian firm. Massive flooding in early 2017 also was a drag on growth, offset somewhat by additional public spending aimed at recovery efforts.
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Source
: CIA |
STATUTORY
INFORMATION
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Legal Name: |
REPRESENTACIONES VICARDI EMPRESA
INDIVIDUAL DE RESPONSABILIDAD LIMITADA |
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Trade Names: |
REPRESENTACIONES VICARDI EMPRESA
INDIVIDUAL DE RESPONSABILIDAD LIMITADA |
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ID: |
RUC 20601377196 |
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Date Created: |
2016 |
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Date Incorporated: |
20/07/2016 |
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Legal Address: |
JR. PABLO NERUDA NRO. 152 URB. LA RINCONADA
(A ESPALDAS DEL PARQUE LA MADRE) PUNO - SAN ROMAN - JULIACA |
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Operative Address: |
JR. PABLO NERUDA NRO. 152 URB. LA
RINCONADA , PUNO, SAN ROMAN, JULIACA, PERU |
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Telephone: |
(51) 6718282 |
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Fax: |
- |
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Legal Form: |
Individual Limited Liability Company |
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Email: |
vicardi_empresa@outlook.com |
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Registered in: |
PERU |
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Website: |
The company does not have a website. |
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Contact: |
UMPIRE VALVERDE VICENTE - Director |
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Staff: |
10 |
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Activity: |
NAICS Code 423510 Metal Service Centers and Other Metal
Merchant Wholesalers |
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Banks: |
The company does not disclose its banking details. |
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History: |
The company was founded in 2016. |
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PRINCIPAL
ACTIVITY
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The company is dedicated to the wholesale of Metals. |
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Products/Services description: |
The company offers Metals. |
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Brands: |
REPRESENTACIONES VICARDI |
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Sales are: |
Wholesale |
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Clients: |
NA |
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Suppliers: |
NA |
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Operations area: |
National and International |
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The company exports to |
UNITED ARAB EMIRATES |
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The subject employs |
10 employees |
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Payments: |
Slow but Correct |
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LOCATION
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Headquarters : |
JR. PABLO NERUDA NRO. 152 URB. LA RINCONADA
, PUNO, SAN ROMAN, JULIACA, PERU |
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Comments on Address: |
- |
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Branches: |
MZA. D2 LOTE. 26 A.H. SAN GENARO (A 3
CDRAS DEL MERCADO CENTRAL) LIMA - LIMA – CHORRILLOS, PERU |
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Related Companies: |
No related companies were found. |
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GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
The company does not disclose
information on shareholders. We could not confirm shareholders of the
subject. |
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Management: |
UMPIRE VALVERDE VICENTE - Director |
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FINANCIAL
INFORMATION
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The company does not make its
financial statements public. The following information has been provided by
private sources: |
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Annual Exports in the last 5 years FOB USD |
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2017 |
24.707.785 |
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LEGAL FILINGS |
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CASES |
No records found. |
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SUMMARY
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Founded in 2016, Representaciones vIcardi EIRL is a small,
fairley new organization in the Metal Service Centers and Other Metal
Merchant Wholesalers Industry headquartered in Juliaca, Peru. The company has 10 regular employees. It operates
nationally and internationally, mainly exporting to United Arab Emirates. It is ACTIVE in business with no negative records. |
RISK
INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
Slow but Correct |
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CASH
FLOW |
Normal |
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STATUS |
Active |
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INTERVIEW
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NAME |
- |
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POSITION |
- |
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COMMENTS |
The only number we found was (51) 6718282 and we were not
able to communicate. It is incomplete or out of service. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 64.13 |
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1 |
INR 89.17 |
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Euro |
1 |
INR 79.39 |
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PEN |
1 |
INR 19.60 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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NIY |
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Report Prepared
by : |
KET |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with moderate
risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on secured
terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.