MIRA
INFORM REPORT
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Report Date : |
12.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
EL RUISEÑOR DE MEXICO S.A. DE C.V. |
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Registered Office : |
Zona 1, Sector 3, Nave
1, Bodegas C21 y C23, Central de Abastos, Colonia Ejidos Del Moral Iztapalapa,
México DF, CP. 09040 |
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Country : |
Mexico |
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Date of Incorporation : |
08JUN1990 |
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Legal Form : |
Stock Company of
Variable Capital |
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Line of Business : |
Engaged in the production
and distribution of pistachios, nuts, almonds, norwegian codfish, pasta
products, dried peppers, chocolates, etc. |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
IDENTIFICATION
CORRECT COMPANY NAME : EL RUISEÑOR DE MEXICO S.A.
DE C.V.
TAXPAYER REGISTRATION : RFC RME-900608-5XA
OPERATING STATUS :
Active
MAIN ADDRESS : Zona 1, Sector 3, Nave 1, Bodegas C21 y C23, Central
de
Abastos, Colonia Ejidos Del Moral
CITY/PROVINCE/STATE : Iztapalapa, México DF, CP. 09040
COUNTRY :
MEXICO
TELEPHONE :
(5255)5694.3875/5694.4051/5694.0960
FAX :
(52)5694.3452
E - MAIL :
administracion@ruisenor.com.mx
WEB SITE :
www.ruisenor.com.mx
SUMMARY
Incorporation : 1990
Operating Status :
Active
Employees : 45
Rating
: Satisfactory
Payments : Usually to terms/good
QUALIFICATION
RATING : Satisfactory
PAYMENTS : Usually to terms/good
LEGAL BACKGROUNDS
LEGAL STATUS :
Stock Company of Variable Capital
DATE OF INCORPORATION : 08JUN1990
REGISTERED IN :
México DF
DURATION : 99 years
LISTED AT STOCK EXCHANGE : No
CURRENT EXCHANGE RATE : Ps$10.85 per USD1
COMMENTS -
Incorporation could not
be obtained neither the amount of the share capital.
Personal information of the
executives was not disclosed under confidential policies. Shareholder structure
was not specified.
Subject is a member of
the Chamber of Commerce of the City of Mexico.
DIRECTORS / EXECUTIVES / SHAREHOLDERS
FULL NAMES / COMPANY NAME TITLE
CAMACHO MORALES,
RAUL Director General
AMADOR, ALBERTO Admin. & Finance Manager
VILLEGAS, YARA Accountant
DIAZ GUTIERREZ,
VERONICA Importation Chief
BUSINESS
MAIN ACTIVITY .-
Subject is engaged in the
production and distribution of pistachios, nuts, almonds, norwegian codfish,
pasta products, dried peppers, chocolates, etc.
Sales: Wholesale - 50%
Retail - 50%
IMPORT : No India, Pakistan, Chile, Norway, Sri Lanka, USA;
via L/Cs and transfers
EXPORT : No
% CASH SALES/METHOD : 40%
% CREDIT SALES/TERMS : 60% (Terms of 15 days)
% FOREIGN SALES(COUNTRIES):
% DOMESTIC PURCHASES : 35%
% FOREIGN PURCHASES : 65%
SELLING TERRITORY : 100% in the National Market
EMPLOYEES
: 45
FACILITIES
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Premises :
Own
Floors :
2
Condition :
Premises are located inside the provision
market of the city
Use
: Headquarters, warehouse, offices
Remarks and other
Premises -
Faciltities with
basement, located inside the povision market of Mexico city, the largest
provision market of the country.
A view of the premises revealed
good stock of merchandise as well as busy clientele.
Besides, Subject has
branches in Chihuahua, Zacatecas and Chiapas.
Offices in USA:
EL RUISEÑOR MEXICO, INC.
1119 E 8TH Los Angeles
California ZC 90021 - USA
Tel. 001 213 629 5236
FINANCIAL INFORMATION
Verónica Díaz Gutierrez
from the Importation Department, provided the information contained in this
report. In relation to the financial statements she said instructions from the
Finance Manager did not allow her to disclose such information unless we
revealed the identity of the inquiring party of this report. She added Subject
pays in cash.
Given this refusal, we
had to consult other sources to supplement this report but unfortunately, no
balance sheets or accounting elements were found to assess the current
financial standing of this Company.
PROPERTIES OF THE COMPANY -
Subject has available
adequate office equipment and furnishings, computer equipment, motor vehicles,
etc.
INSURANCE -
Subject Company is
covered by SEGUROS INBURSA SA.
PAYMENTS RECORD
TRADE REFERENCES -
Monthly
Average Terms(days)) Performance? Time
Products/Services
Supplier
1 Variable cash
Prompt 4, 5 yrs Water purification system Domestic
COMMENTS
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The cited supplier
reported Subject is a very good client.
No debts were traced.
LIST OF DOMESTIC SUPPLIERS -
Suppliers
listed Alphabetically. There is not
relationship as for the order above
Supplier Telephone
AQUA SILVERTEK 5255
56393572
CREDIT HISTORY .-
BANKING INFORMATION
BANKERS
GRUPO FINANCIERO
SANTANDER SERFIN SA Account (NC) 65500214022
BBVA BANCOMER SA Account (NC) 0445383676
BANCO MERCANTIL DEL NORTE
SA Account (NC) 709001558
No information was
obtained from the above banks under internal policies.
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. |
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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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%)