MIRA
INFORM REPORT
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Report Date : |
9th
November, 2006 |
IDENTIFICATION
DETAILS
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Name : |
ABASTOS GARCIA
S.A. DE C.V. |
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Registered Office : |
Bodega F 34 B, Central de
Abastos de la Ciudad de México, Delegación Iztapalapa, México D.F., C.P.
09,040 |
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Country : |
Mexico |
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Date of Incorporation : |
-- |
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Com. Reg. No.: |
-- |
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Legal Form : |
-- |
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Line of Business : |
-- |
RATING & COMMENTS
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MIRA’s Rating : |
NR (No
Rating) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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Status : |
Undetermined
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Payment Behaviour : |
-- |
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Litigation : |
-- |
IDENTIFICATION
CORRECT COMPANY NAME : ABASTOS
GARCIA S.A. DE C.V.
MAIN ADDRESS : Bodega F 34 B, Central de
Abastos de la Ciudad de México,
Delegación Iztapalapa,
CITY/PROVINCE/STATE : México
D.F., C.P. 09,040
TELEPHONE : (5255)5694.0283
FAX : (5255)5694.0722
E – MAIL : nil
WEB SITE : nil
COMMENTS .-
The tax number VAZ690107REA belongs to VIVERES
AZTECA S.A., enterprise which has no
relation to this company.
GENERAL INFORMATION
Report was requested with the address of: Bodega F
No. 348, Central de Abastos, C.P. 09,040, México D.F., México.
Approached The Central de Abastos in Mexico City,
one of the largest wholesale markets in the world made up of a series of stalls
selling fruit, groceries, etc. but we never found said address because it was
wrong.
Since we could not locate the address you provided
us with we went to the agency of Grupo Santander Serfin, bank which has a
branch close to the Central De Abastos in Mexico city, but we could not obtain
any particular from said bank as its employees claimed famous bank secrecy
policy prevents them from providing any information regarding the clients to
third parties.
We then went to the Regulations and Legal Affairs
Department of Central de Abastos in the city of Mexico, and personnel there
advised subject was not included in the official list of registered enterprises
or businesses working in the Central de Abastos.
However, we found a company whose name resembled:
Comercial Garcia S.A. de C.V., located at Bodega F 34 B, Central de Abastos de
la Ciudad de Mexico, Delegación Iztapalapa, C.P. 09,040, Mexico D.F., Tel: (55)
56940283; we went to their location and found the store was closed but a boy
working there named Ignacio Pérez confirmed to us that at said address the firm
Comercial García S.A. de C.V. indeed operates and also your subject Abastos
Garcia S.A. de C.V.
Mr. Pérez said that as employee he had been forbidden
to disclose information to third parties but promised he would advise the owner
Mr. Antonio García Fernández about this enquiry as soon as he got there. We
only learnt that both enterprises are engaged in sale of dry chilies and seeds.
We also found out that subject has been authorized
by Mexico Customs Administration to conduct import activities from May 31st., 2006, Page No. 274618 of the
General Importers Census.
More
data regarding this company could not be obtained; we await call from Mr. Antonio
García Fernández to see if he can provide information but suggest that your
client gives authorization to release its name since merchants as Mr. Garcia
are usually disinclined to provide information to third parties due to
increased crime activity and as they fear to be robbed or kidnapped.
This is
all we can report for the time being.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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