MIRA
INFORM REPORT
|
Report Date : |
29th June 2006 |
IDENTIFICATION DETAILS
|
Name : |
JORWA SA DE CV |
|
|
|
|
Registered
Office : |
Francisco Javier Mina
No 1409-101 Zona Rio |
|
|
|
|
Country : |
Mexico |
|
|
|
|
Date of
Incorporation : |
20 DEC 1989 |
|
|
|
|
Legal Form : |
Stock Company of
Variable Capital |
|
|
|
|
Line of
Business : |
Importers and tradeers of item of clothing and
footwear |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit
risk exists. Caution needed to be exercised |
Credit not recommended |
|
Status : |
Undetermined |
|
|
|
|
Payment
Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
IDENTIFICATION
CORRECT COMPANY NAME : JORWA SA DE CV
OPERATING STATUS : Active
MAIN ADDRESS : Francisco Javier Mina No 1409-101 Zona Rio
CITY/PROVINCE/STATE : Tijuana, Baja California
COUNTRY : MEXICO
TELEPHONE : (52664)684.7375
FAX : (52684)634.1831
COMMENTS .-
There is not information about the Tax ID (RFC).
QUALIFICATION
RATING : COMPANY REFUSED INFORMATION
PAYMENTS : NO CREDIT EXPERIENCE AVAILABLE
LEGAL BACKGROUNDS
LEGAL STATUS : Stock Company of Variable Capital
DATE OF INCORPORATION : 20 DEC 1989
REGISTERED IN : Tijuana/Baja California
DURATION : 99 years
CURRENT PAID-IN CAPITAL :
No specified
LISTED AT STOCK EXCHANGE :
No
CURRENT EXCHANGE RATE : Ps$11.43 per USD1
COMMENTS .-
Shareholders structure was not disclosed.
DIRECTORS / EXECUTIVES /
SHAREHOLDERS
FULL NAMES / COMPANY NAME TITLE OWNERSHIP %
KURI RENDON, JORGE General
Manager Yes
COLIN, SOCORRO Importation
Head Officer
KURI ROJO, JORGE Shareholder Yes
WHO IS WHO ?
KURI RENDON, JORGE
NATIONALITY : Mexican
KURI ROJO, JORGE
NATIONALITY : Mexican
BUSINESS
MAIN ACTIVITY .-
Import and trade of item of clothing and footwear.
IMPORT : Yes
EXPORT : No
% CASH SALES/METHOD : 100%
% DOMESTIC PURCHASES : Yes
% FOREIGN PURCHASES : Yes
SELLING TERRITORY :
EMPLOYEES : 10
FACILITIES .-
Use : registered address,
administration and commercial offices
COMMENTS .-
Sales are oriented to end users.
FINANCIAL INFORMATION
It was very difficult to talk to Socorro Colín (Officer in Charge of
the Importation Department), who was instructed by Directors not to give
information because of its confidentiality unless the identity of the requestor
of this report was revealed.
In view of this situation, this report was prepared based on the
information collected from external sources which are not decisive to examine
the real economic condition of this Company.
INSURANCE .-
Information unavailable.
PAYMENTS RECORD
CREDIT HISTORY .-
Subject did not provide the suppliers it deals with.
Possible suppliers contacted reported not to do business with Subject.
Others did not provide information.
LAWSUITS ? .-
Unfound.
BANKING INFORMATION
BANKERS
Information unavailable.
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 |
Unfavourable
& favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average/normal. |
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 |