MIRA
INFORM REPORT
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Report Date : |
13th
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
SURTIDORA DEL BAJIO SA
DE CV |
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Registered Office : |
Bodega J-12, Mercado de Abastos, Plazas del Sol,
Queretaro/Queretaro CP 76090, Mexico |
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Country : |
Mexico |
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Date of Incorporation : |
17.07.1989 |
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Legal Form : |
Stock Company of Variable Capital |
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Line of Business : |
Engaged
in the importing,
buying, sale and distribution of seeds and spices in general. |
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 : SURTIDORA
DEL BAJIO SA DE CV
TAXPAYER REGISTRATION :
RFC
SBA890717GK7 OPERATING STATUS: Active
MAIN ADDRESS :
Bodega J-12, Mercado de Abastos, Plazas del Sol
CITY/PROVINCE/STATE :
Queretaro/Queretaro CP 76090
COUNTRY :
MEXICO
TELEPHONE :
213.0825
FAX :
213..0825
E - MAIL :
suba01@prodigy.net.mx
COMMENTS
.-
This is a obtained from outside sources since we have been unable to set
an interview directly with Subject's principals upto date.
We will send you a complementary report soon.
QUALIFICATION
RATING : Ba: ELIGIBLE FOR MODERATE CREDITS
LEGAL BACKGROUNDS
LEGAL STATUS :
Stock
Company of Variable Capital
DATE OF INCORPORATION :
17JUL1989
REGISTERED IN :
México
DF
NOTARY OFFICE :
No.59,
Jorge H. Falomir
DURATION :
99
years
REGISTRATION :
Mercantile
Entry Nº 124,497 (06.02.1990)
CURRENT PAID-IN CAPITAL : Ps$50,000.= Peso
TYPE OF SHARES : Nominatives
LISTED AT STOCK EXCHANGE : No
SHARE VALUE :
Ps$1.=
Peso each share
CURRENT EXCHANGE RATE : Ps$10.97 per 1 US$
as of report date
COMMENTS .-
The Subject is associated to the National Chamber of Commerce of
Queretaro.
The shareholders that appear lines below, all have the mexican
nationality.
HISTORY
SURTIDORA DEL BAJIO SA DE CV was incorporated on 17.07.1989, by virtue
of Public Deed Nº 78,810.
DIRECTORS / EXECUTIVES /
SHAREHOLDERS
FULL NAMES / COMPANY NAME TITLE OWNERSHIP %
TRELLES TABOADA, RODOLFO
GUTIERREZ BORBOLLA, JUAN CARLOS
PACHECO MUÑOZ, SALVADOR
SAMANO VEGA, MARIA DEL CARMEN Shareholder Yes
VEGA SAMBINO, MARIA ANGELA Shareholder Yes
SAMANO VEGA, NATIVIDAD Shareholder Yes
SAMANO VEGA, ARMENIA Shareholder Yes
SAMANO GUEMES, JOSE Shareholder Yes
SAMANO VEGA, JOSE ANDRES MARTIN Shareholder Yes
SAMANO VEGA, IGNACIO Shareholder Yes
WHO IS WHO ?
GUTIERREZ BORBOLLA, JUAN
CARLOS
NATIONALITY : Mexican
PROFESSION : Public
Accountant
RELATED COMPANY(IES)
COMPANY NAME COUNTRY TAX.REG.
SURTIDORA ABARROTERA DE GUADALAJARA SA DE MEXICO SAG9707113K6
BUSINESS
MAIN ACTIVITY .-
The line of business of this enterprise is the importing, buying, sale
and distribution of seeds and spices in general.
IMPORT
:
Yes
(From Canada, USA, Chile, Sri Lanka)
EXPORT
:
No
% CREDIT SALES/TERMS :
100%
Terms of 30 days
% DOMESTIC PURCHASES : 20%
% FOREIGN PURCHASES : 80%
SELLING TERRITORY : 100% in the National
Market
EMPLOYEES :
25
approximately
FACILITIES .-
Remarks and other Premises .-
We have verified that the address of caption belongs to the
administrative offices also to the warehouse of Subject. Premises consist of a
single-story building located in a busy commercial zone of the city.
Premises are rented.
There are no other locations for this enterprise.
COMMENTS .-
Their importations are carried out through direct credits at 30, 60 and
90 days and more days.
We learned the clientportfolio of this enterprise is composed of some
600 clients approximately.
FINANCIAL INFORMATION
Part of the information provided in this report was secured through
third parties.
INTERIM BALANCE SHEET AS AT 30.09.2003 (9 MONTHS)
Expressed in Mexican Peso (Ps$)
Rate of exchange by 1 US$ = Ps$11.39
ASSETS Ps$ LIABILITIES Ps$
Current assets 29,683,277.= Current liabilities 16,904,290.=
Fixed assets 1,406,122.= SHAREHOLDERS'
EQUITY 14,784,814.=
Deferred assets 599,705.=
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TOTAL ASSETS 31,689,104.= TOTAL
LIABILITIES/EQUITY 31,689,104.=
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ACCUMULATED SALES AS AT 30.09.2003
Ps$ 75,832,480.=
PROFIT 2,506,806.=
DETAILS OF MAIN ASSETS .-
Subject has available office equipment and furniture, computer equipment
and other fixtures.
INSURANCE .-
Policies are contracted with the insurance company SEGUROS ATLAS SA.
PAYMENTS RECORD
TRADE REFERENCES .-
COMMENTS .-
- Veloz Ramos SA de CV
- Granos La Macarena SA de CV
- Commodity Marketin (USA)
- Simpsons Sedes (Canadá)
- Agricore United (Canadá)
- Productos Silvestre (Chile)
- Rathna Producer and Exporter (Sir Lanka)
BANKING INFORMATION
BANKERS
Banking is with:
GRUPO FINANCIERO SANTANDER SERFIN SA
A reference was declined by the cited banking institution.
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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