MIRA
INFORM REPORT
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Report Date : |
13.06.2007 |
IDENTIFICATION DETAILS
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Name : |
CEREALES Y CHILES SECOS AZTECA S.A. DE C.V. |
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Registered Office : |
Av. Arboledas Nº1101,
Mercado De Abastos, C.P. 44, 540 Guadalajara, Jalisco |
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Country : |
Mexico |
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Date of Incorporation : |
09.10.1997 |
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Legal Form : |
Stock Company of
Variable Capital |
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Line of Business : |
Buys and sells cereals
and dry chilies. |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
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IDENTIFICATION
CORRECT COMPANY NAME : CEREALES Y CHILES SECOS
AZTECA S.A. DE C.V.
TAXPAYER REGISTRATION : RFC CCS971009RGA
OPERATING STATUS :
Active
MAIN ADDRESS :
Av. Arboledas Nº1101, Mercado de Abastos,
CITY/PROVINCE/STATE :
C.P. 44,540 GUADALAJARA, JALISCO
COUNTRY : MEXICO
TELEPHONE :
(5233)36712963/ 36710471/ 36712579
FAX : (5233)3671.2963/3671.0471/3671.2579
E - MAIL : azteca@cgu.com.mx
WEB SITE : www.cgu.com.mx
SUMMARY
Incorporation
: 1997
Operating Status :
Active
Last Capital
: *
Employees :
15
QUALIFICATION
RATING : SECURED CREDIT IS ADVISED
PAYMENTS : NO FURTHER CREDIT EXPERIENCE AVAILABLE
LEGAL BACKGROUNDS
LEGAL STATUS : Stock Company of
Variable Capital
DATE OF INCORPORATION : 09OCT1997
REGISTERED IN : Guadalajara,
Jalisco
DURATION : 99 years
CURRENT PAID-IN CAPITAL : No specified
LISTED AT STOCK EXCHANGE : No
COMMENTS -
Subject Company is a
member of the National Chamber of Commerce, Services and Tourism of the City of
Guadalajara.
Personal information of
the executives was not disclosed for security reasons.
HISTORY
Subject was founded on
October 9th, 1997, in the City of Guadalajara, having not changed its legal status
since the date it was formed.
DIRECTORS / EXECUTIVES / SHAREHOLDERS
FULL NAMES / COMPANY NAME TITLE
OWNERSHIP %
VARASA, JUAN CARLOS Director General
100%
GUERRERO SALDIVAR,
SOCORRO Importation Chief
RELATED COMPANY(IES)
The subject is related to
the following firm:
CEREALES GUADALAJARA SA
DE CV (Located at Calle 12 Nº 2490, Mercado de Abastos, Guadalajara, Jalisco,
Tel: (33) 36712049. Fax: (33) 36711730, e-mail: cgu@megared.net.mx. This company an affiliate of Subject, engaged
in buying-selling dry chilies, spices, cereals and seeds with credits at 15
days.
BUSINESS
MAIN ACTIVITY .-
Subject Company buys and
sells cereals and dry chilies.
Trademarks:(third-party
brands)
IMPORT : Yes from Asia
EXPORT : No
% CASH SALES/METHOD :
100%
% DOMESTIC PURCHASES : 50%
% FOREIGN PURCHASES : 50%
EMPLOYEES : 15
FACILITIES -
Premises :
Rented
Condition :
Premises located in a commercial area
Use
: Registered office, administrative, sale offices,
warehouse
Remarks
and other Premises –
Facilities are located
inside the perimeter of the Provisions Market of the City of Guadalajara,
Jalisco.
Found no other premises.
COMMENTS -
Clients: Wholesalers of
the zone.
FINANCIAL INFORMATION
The information contained
in this report has been collected from external sources since Socorro Guerrero
Saldivar (Manager of International Negotiations) refused to provide any type
information regarding this company. She mentioned all Subject transactions were
made in cash, including payment of insurance and for this reason she was not
interested in providing information.
No balance sheets were
available through other sources contacted, condition which prevents from
assesing the real financial standing of this Company.
FINANCIAL SITUATION
:
PROPERTIES OF THE COMPANY -
Office equipment and
furniture
Computer equipment
Fax machine
etc.
INSURANCE -
Information unavailable.
PAYMENTS RECORD
TRADE REFERENCES –
Line of Credit Monthly Average Terms(days)) Performance? Time
Products/Services Supplier
1 Ps$ Open
Ps$ 300,000 45 days Prompt 7 yrs. Chilies and spices Domestic
2 Ps$ 5,000,000
Ps$ 100,000/1000,000 30 days Prompt +3 yrs
Dry chilies
Domestic
LIST OF DOMESTIC SUPPLIERS –
Suppliers
listed Alphabetically. There is not
relationship as for the order above
Supplier Telephone
DIGRAVA S.A. DE C.V. 33
36712766
R.C. CHILES S.A. DE
C.V. 33 36713403
BANKING INFORMATION
BANKERS
BANCO NACIONAL DE MEXICO
SA
Subject is a client of
the above mentioned bank. Additional information was not given 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/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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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%)