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MIRA
INFORM REPORT
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Report No. : |
495152 |
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Report Date : |
05.03.2018 |
IDENTIFICATION DETAILS
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Name : |
COMERCIAL LIDER SA |
|
|
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Registered Office : |
Calle Martin Paz No.146, Zona Industrial. Ventanilla Callao 6 |
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Country : |
Peru |
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Date of Incorporation : |
09.12.1975 |
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Com. Reg. No.: |
01270540 of the Registry of Legal Entities of Lima
(21/04/1976) |
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Legal Form : |
Stock Company |
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Line of Business : |
Wholesale and Retail; Repair of Motor Vehicles and Motorcycles |
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No. of Employees : |
56 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A+ |
|
Credit Rating |
Explanation |
Rating Comments |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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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
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
Peru |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
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 |
|
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.
|
Source
: CIA |
company summary
|
COMPANY NAME |
COMERCIAL LIDER SA |
|
TAX ID. TYPE |
RUC |
|
TAX ID. NUMBER |
20100107644 |
|
CURRENT STATUS |
Active |
|
MAIN ADDRESS |
Calle Martin Paz No.146, Zona Industrial. Ventanilla |
|
CITY/PROVINCE/STATE |
Callao 6 |
|
PHONE NUMBER(S) |
(51-1) 511.6800 |
|
FAX NUMBER(S) |
(51-1) 511.6811 |
|
EMAIL |
|
|
WEBSITE |
|
|
REMARKS OF
IDENTIFICATION |
This report was requested with address: Calle Martin Paz No 146,
Ventanilla Callao 06 y RUC 20100107644. Please notice that the correct data
is shown above. |
|
TRADE AND BANK
COMMITMENTS |
|
1: Payments prompt: When all its references are satisfactory and
payable accounts are promptly paid off without any kind of delay. |
|
2: Payments prompt and sometimes slow: When most references are
satisfactory; however, there are some delayed payments or unpaid debts. |
|
3: Payments usually slow: When most references are negative, there is
a high rate of unpaid trade and bank debts. |
|
4: Debtors, slow payments or suspension of payments: When all trade
and bank references show delays and/or suspension of payments, in most cases,
these debts are to be collected by judicial means. |
|
5: Without credit experience: When all its purchases are paid in cash
or it does not have commercial background in market. Also, with Banks it does
not have more operations, since it works with its own capital. |
|
6: Closed credit: Companies in bankruptcy or in liquidation process. |
LEGAL INFORMATION
|
TYPE OF COMPANY |
Stock Company |
|
INCORPORATION
DATE |
09/12/1975 |
|
CITY OF
REGISTRATION |
Lima |
|
REGISTRY NUMBER |
01270540 of the Registry of Legal Entities of Lima
(21/04/1976) |
|
NOTARY |
Rafael Chepote Coquis |
|
TERM |
Indefinite |
|
INITIAL CAPITAL |
S/.1,000,000.00 Soles |
|
CURRENT CAPITAL |
S/.2,321,891.00 Soles |
|
DATE OF INCREASE |
30/11/2012 |
|
TYPE OF SHARES |
Registered shares |
|
SHARES VALUE |
S/.1.00 Sol (each) |
|
LISTED AT STOCK
EXCHANGE |
No |
BACKGROUND.-
Initially it was established as COMERCIAL LIDER SRL. Then on 02/01/1981
before the Notary Ricardo Fernandini, it changed its name for the current one.
Subsequently dated 30/11/2012 the company absorbed the following
companies:
AMERICA DE COMERCIO SA, MINATO INMOBILIARIA & DISTRIBUIDORA MINATO SA,
which were dissolved without liquidation.
Later on 10/24/2005, it absorbed the company: ARGOS QUIMICA PERUANA SA,
which was dissolved without liquidation.
On 17/09/2012 before the notary Luis Dannon Brender, the company divided
an equity block for the constitution of a new company: GMN GROUP SAC registered
with registry No. 12918999.
LEGAL ASPECTS.-
The company is an active member of the Chamber of Commerce of Lima.
RELATED COMPANIES
|
COMPANY NAME |
TAX ID. NUMBER |
COUNTRY |
|
GMN GROUP SAC |
RUC 20550651794 |
PERU |
BOARD OF DIRECTORS, SENIOR EXECUTIVES AND SHAREHOLDERS
|
NAME |
JOB TITLE |
STAKE |
|
MIYAGUSUKU MIYAGUSUKU, VICTOR |
President / General Manager |
25.32% |
|
MOROMIZATO ASATO, JUAN ROBERTO |
Director |
2% |
|
SUGAI SHIGUEMOTO, HECTOR |
Finance Manager |
|
|
HERNANDEZ HUAMAN, JUAN |
General Accountant |
|
|
MOROMIZATO OSHIRO, JULIO |
|
16.67% |
|
GANAJA GUSHIKEN, PEDRO |
|
16.67% |
|
NAKAMATZU NAKAMATZU, JUAN |
|
14.67% |
|
MOROMIZATO MOROMIZATO, JUAN |
|
14.67% |
|
NAKAMATSU NAKAMATSU, JUANA ISABEL |
|
8% |
|
NAKAMATSU CHIMEY, JOSE ANTONIO |
|
2% |
DATA OF BOARD OF DIRECTORS, SENIOR EXECUTIVES AND SHAREHOLDERS
MIYAGUSUKU MIYAGUSUKU, VICTOR
Peruvian, ID 07855692, date of birth 03/06/1951, he is married with
Juana Nakamatzu Nakamatzu, Economist
MOROMIZATO OSHIRO, JULIO
Peruvian, ID 08238581, date of birth 29/01/1937. He is married with
Lucia Shironsita Shirazawa, Civil Engineer
NAKAMATZU NAKAMATZU, JUAN
Peruvian, ID 07779565, date of birth 29/04/1927, he is married
MOROMIZATO MOROMIZATO, JUAN
Peruvian, ID 08835501, year of birth 1936
NAKAMATSU NAKAMATSU, JUANA ISABEL
Peruvian, ID 07855691, date of birth 26/05/1955
NAKAMATSU CHIMEY, JOSE ANTONIO
Peruvian, ID 07822847
OPERATIONS
|
SECTOR |
G- Wholesale and Retail; Repair of Motor Vehicles and Motorcycles |
|
ACTIVITY |
Trading of chemical products |
|
ISIC CATEGORY |
46- Wholesale Trade, Except for Vehicles and Motorcycles |
|
ISIC CLASS |
4669- Wholesale of Waste, Scrap and Other N.C.P Products |
|
MAIN ACTIVITY |
The company is engaged in the production, import and trading of
chemical products related to a variety of products, such as: Tannery, mining,
textiles, rubbers, paper, paints, pyrotechnics, hardware, electroplating,
food, etc. |
|
% SALES IN CASH |
10% |
|
% SALES ON
CREDIT |
90% (terms at 30-60 days) |
|
% TERRITORY OF
SALES |
99% (domestic market) 1% (exportation) |
|
% DOMESTIC
PURCHASES |
20% |
|
% FOREIGN
PURCHASES |
80% |
|
N. OF EMPLOYEES |
56 |
LOCATION.-
ADMINISTRATIVE OFFICE, TAX DOMICILE and WAREHOUSE: Located at caption
address in an industrial zone of the city with easy access. Own premise with a
total area of 32,000sq.m. and occupied since 10/07/2000.
Previously located at: Federico Villarreal 128, Miraflores, Lima 18.
Other premises:
STORAGE
Carretera Selene-Huanacmarca-Inmacu Km. 88
Anx. De Huancute Ayacucho - Paucar Del Sara Sara – Oyolo
Calle Martin Paz Nro. 146 (Altura Cuadra 9 De
Precursores) Prov. Const. Del Callao - Prov. Const. Del Callao – Ventanilla
Avenida
Tomas Valle Nro. 4376 Prov. Const. Del Callao - Prov. Const. Del Callao
– Callao
Paraje Retamas Nro. Sn Paraje Retamas
(Consorcio Minero Horizonte Sa) La Libertad - Pataz – Parcoy
COMMERCIAL OFFICE
Parque Industrial Rio Seco Mza. D Lote. 6-A
(Entre Via Aviacion Y Via Evitamiento) Arequipa - Arequipa - Cerro Colorado
PRODUCTIVE PLANTS
Calle Mantaro Nro. 146 Z.I. Zona Ind. Prov.
Const. Del Callao - Prov. Const. Del Callao – Ventanilla
Calle Los Andes Nro. 454 Indust Panam Norte
(A Espalda De Real Plaza Independencia) Lima - Lima – Independencia
BRANCHES
|
Mza. D Lote. 6-A Parque Industrial Rio Sec
(Entre Via Aviacion Y Via Evitamiento) Arequipa - Arequipa - Cerro Colorado |
|
Calle Los Incas Nro. 277 La Libertad -
Trujillo - Trujillo |
COMMENTS AS TO
OPERATIONS.-
The company operates directly.
Main Clients:
CÍA. MINERA ANTAMINA SA
COMERCIALIZADORA RIOS EIRL
CONSORCIO MINERO HORIZONTE SA
CORPORACION TEXTIL IMPERIOR DEL SOL SA
CUEROS LATINOAMERICANOS SAC
CUEROS TOLAVERA SCRL
CURTIEMBRE VIZCARRA SA
EXPORTACIONES KAMARO SAC
PIELES Y LANAS PERUANAS EIRL
QUIMICA SAN ANDRES SAC
RODFEL SA
TEXTIL D BRUNOS EIRL
TEXTIL EMMY EIRLTDA
Among others
Main Competitors:
CLORO EXPRESS SAC
IVALTEX SAC
MAQUIMSA SA
MERCANTIL SA
QUIMEX SA
QUIMICOS GOICOCHEA SAC
QUIMTIA SA
Among others
The company imports raw materials and chemical products such as:
hydrogen peroxide (hydrogen peroxide), sodium dichromate, quebracho extract,
dextrin and other modified starches, etc. (direct credit 30-60- 90 days).
FOREIGN TRADE
|
|
IMPORTS |
|
YEAR |
2018 (January) |
|
AMOUNT |
US$1,180,320.40 |
|
COUNTRIES |
Brazil, Germany, Russia, India, Argentina, USA, China, Spain |
|
NUMBER OF OPERATIONS |
19 |
|
|
IMPORTS |
|
YEAR |
2017 |
|
AMOUNT |
US$10,579,902.23 |
|
COUNTRIES |
USA, Germany, Argentina, Brazil, China, Russia, Colombia, India,
Venezuela, Austria |
|
NUMBER OF OPERATIONS |
176 |
|
|
IMPORTS |
|
YEAR |
2016 |
|
AMOUNT |
US$9,960,713.98 |
|
COUNTRIES |
USA, Germany, Argentina, Brazil, China, Russia, Colombia, India,
Venezuela, Austria |
|
NUMBER OF OPERATIONS |
177 |
|
|
IMPORTS |
|
YEAR |
2015 |
|
AMOUNT |
US$9,260,555.97 |
|
COUNTRIES |
USA, Germany, Argentina, Brazil, China, Russia, Colombia, India,
Venezuela, Austria |
|
NUMBER OF OPERATIONS |
178 |
|
|
IMPORTS |
|
YEAR |
2014 |
|
AMOUNT |
US$8,249,027.73 |
|
COUNTRIES |
USA, Germany, Argentina, Brazil, China, Russia, Colombia, India,
Venezuela, Austria |
|
NUMBER OF OPERATIONS |
167 |
|
|
IMPORTS |
|
YEAR |
2013 |
|
AMOUNT |
US$8,318,855.50 |
|
COUNTRIES |
USA, Germany, Argentina, Brazil, China, Russia, Colombia, India,
Venezuela, Austria |
|
NUMBER OF OPERATIONS |
165 |
|
|
IMPORTS |
|
YEAR |
2012 |
|
AMOUNT |
US$7,516,565.35 |
|
COUNTRIES |
USA, Germany, Argentina, Brazil, China, Russia, Colombia, India,
Venezuela, Austria |
|
NUMBER OF OPERATIONS |
172 |
|
|
EXPORTS |
|
YEAR |
2017 |
|
AMOUNT |
US$28,781.00 |
|
COUNTRIES |
Brazil |
|
NUMBER OF OPERATIONS |
2 |
|
|
EXPORTS |
|
YEAR |
2016 |
|
AMOUNT |
US$206,264.76 |
|
COUNTRIES |
Ecuador |
|
NUMBER OF OPERATIONS |
6 |
|
|
EXPORTS |
|
YEAR |
2013 |
|
AMOUNT |
US$86,600.00 |
|
COUNTRIES |
Ecuador, Brazil |
|
NUMBER OF OPERATIONS |
3 |
|
|
EXPORTS |
|
YEAR |
2012 |
|
AMOUNT |
US$28,368.50 |
|
COUNTRIES |
Ecuador |
|
NUMBER OF OPERATIONS |
1 |
FINANCIAL INFORMATION
We had an interview with Mr. Juan Hernandez Huaman (General Accountant)
who provided commercial information of the company except for financials on
grounds of confidentiality.
No financials were found through external sources.
FIXED ASSETS.-
The company owns:
Vehicles fleet (Brands: Subaru, Komatsu, Nissan, Toyota, Etc.)
INSURANCE.-
The company holds multi risk insurance policies with MAPFRE PERU
COMPAŃIA DE SEGUROS Y REASEGUROS SA, through its broker DAI ICHI CORREDORES DE
SEGUROS SA (expiry date 25/12/2018).
PAYMENTS REFERENCES
|
SUPPLIER |
DOMESTIC |
|
START OF THE BUSINESS |
Many years ago |
|
CREDIT LIMIT |
No operation limit |
|
CREDIT TERMS |
30 days |
|
PRODUCTS/SERVICES |
Customs agency and cargo |
|
RATING COMMENTS |
PROMPT |
|
COMMENTS |
Payments through bank deposits Average monthly billing amount: S/.20,000.00 Soles Supplier: V.I.I. S.A.C. AGENCIA DE ADUANA |
|
SUPPLIER |
DOMESTIC |
|
START OF THE BUSINESS |
Many years ago |
|
CREDIT LIMIT |
No operation limit |
|
CREDIT TERMS |
30 days |
|
PRODUCTS/SERVICES |
Customs agency |
|
RATING COMMENTS |
PROMPT |
|
COMMENTS |
Payments through bank deposits Supplier: PALACIOS & ASOCIADOS AG.AD. SA |
|
SUPPLIER |
DOMESTIC |
|
START OF THE BUSINESS |
2 years ago |
|
CREDIT LIMIT |
US$100,000.00 Dollars |
|
CREDIT TERMS |
30 days |
|
PRODUCTS/SERVICES |
Glycerin |
|
RATING COMMENTS |
PROMPT |
|
COMMENTS |
Payments through bank deposits Supplier: QUIMIALMEL COLOMBIA SAS |
|
LOCAL SUPPLIERS |
Phone Number |
Contact Name |
|
IKESA AG. DE AD. |
(51-1) 562.3197 |
Ney Sanchez |
|
PALACIOS & ASOCIADOS AGENTES DE ADUANA S.A. |
(51-1) 465-2959 |
Erika Urbina |
|
QUIMIALMEL COLOMBIA SAS |
(57-1) 746.0109 |
Claudia Romero |
|
SACEX CONSULTING SAC |
(51-1) 574.4400 |
Maribel Archillo |
|
SUPERQUIMICOS CA |
(593-2) 203.2353 |
|
|
V.I.I. S.A.C. AGENCIA DE ADUANA |
|
Verónica Castro |
|
FOREIGN
SUPPLIERS |
Country |
Phone Number |
Contact Name |
|
BASF AG |
Germany |
|
|
|
BAYER AG |
Germany |
|
|
|
BLANKOPHOR GMBH & CO KG |
Germany |
(49-214) 206.9520 |
|
|
DEGUSSA GMBH |
Germany |
(49) 2011.7701 |
|
|
ELEMENTIS CHROMIUM LP |
USA |
(1-609) 443.2000 |
|
|
HUNAN HAILILI CHEMICAL LTD |
China |
(86-731) 8535.7817 |
|
|
K & S KALI GMBH |
Germany |
(49) 5619.3010 |
|
|
KEMIRA CHEMICALS DO BRASIL LTDA |
Brazil |
(55-11) 2189.4900 |
|
|
LEXSAU, SCHARBAU GMBH & CO |
Germany |
(49) 4216.1010 |
|
|
OMSLY KAUTCHUK JSC |
Russia |
|
|
|
PETROFLEX INDUSTRIA E COMERCIO SA |
Brazil |
(49-221) 8885.4483 |
|
|
QUIMIALMEL COLOMBIA SAS |
Colombia |
(57) 1746.0109 |
|
|
SUPERQUIMICOS CA |
Ecuador |
(593) 2280.0270 |
|
|
UNITAN SAICA |
Argentina |
(54-11) 4331.5540 |
|
|
WESTERN POLYMER CORP. |
USA |
(1-509) 765.1803 |
|
COMMENTS OF
SUPPLIERS.-
Others suppliers consulted do not provide commercial information
regarding clients on grounds of confidentiality.
BANKS
|
Bank Name |
Country |
Phone Number |
|
BANCO BBVA CONTINENTAL SA |
Peru |
(51-1) 595.0000 |
|
BANCO DE CREDITO DEL PERU SA |
Peru |
(51-1) 311.4500 |
|
BANCO INTERNACIONAL DEL PERU SAA- INTERBANK SA |
Peru |
(51-1) 311.9001 |
|
SCOTIABANK PERU SAA |
Peru |
(51-1) 311.6000 |
BANK REFERENCES
Consulted Banks do not provide information of its clients on grounds of
confidentiality.
LITIGATIONS
According to the National Superintendency of Tax Administration (SUNAT),
the company does not report any coercive debts or tax omissions.
SUPERINTENDENCY
According to the latest official report from Peruvian Banking and
Insurance Superintendence (SBS) as of January 2018, the company is rated as
100% NORMAL, based on the following information:
Large Companies Credits
- Foreign trade credits S/.5,506,494.00
- Loans S/.1,447,200.00
- Lease back S/.469,484.00
- Credit cards S/.2,332.00
Accrued interests on current credits S/.15,214.00
---------------------------------------------- -----------------------------------
TOTAL DEBT S/.7,815,426.00
GUARANTEES S/.5,495,850.00
==================================================
NORMAL RATING: Good financial standing, prompt payments, consistent
information, upward trend, solvent.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.22 |
|
|
1 |
INR 89.71 |
|
Euro |
1 |
INR 79.50 |
|
PEN |
1 |
INR 20.02 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
|
|
|
Report Prepared
by : |
SDA |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
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.