MIRA
INFORM REPORT
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Report Date : |
15.06.2007 |
IDENTIFICATION DETAILS
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Name : |
CAPSUGEL DE MEXICO S. DE R.L. DE C.V. |
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Registered Office : |
Carretera México-Veracruz No. 1030, Colonia |
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Country : |
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Date of Incorporation : |
03.11.2006 |
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Legal Form : |
Limited Liability Partnership of Variable Capital |
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Line of Business : |
Manufacture and export of hard gelatin capsules. |
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 : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION
CORRECT COMPANY
NAME :
CAPSUGEL DE MEXICO S. DE R.L. DE C.V.
TRADE NAME :
"CAPSUGEL"
TAXPAYER
REGISTRATION : RFC CME061103KG5
OPERATING STATUS : Active
MAIN ADDRESS :
Carretera
México-Veracruz No. 1030, Colonia Parque Industrial,
COUNTRY :
TELEPHONE :
(52222)372.1501
FAX : (52222)282.9437
E - MAIL :
juancarlos.gonzalez2@pfizer.com
WEB SITE : www.capsugel.com; www.pfizer.com
COMMENTS -
Your order was for the company : GRUPO WARNER LAMBERT MEXICO S.A. DE
C.V. (CAPSUGEL DIVISION).
Clarify the company now is called CAPSUGEL DE MEXICO S. DE R.L. DE C.V.
SUMMARY
Incorporation :
2006
Operating Status : Active
Shareholders'
Equity : 71,358,000,000.=
Annual Sales :
12,603,000,000.00
U.S. Dollars
Employees :
*
QUALIFICATION
RATING : ELIGIBLE FOR
MODERATE CREDITS
PAYMENTS : PAYMENTS USUALLY
PROMPT
LEGAL
BACKGROUNDS
LEGAL STATUS :
Limited
Liability Partnership of Variable Capital
DATE OF
INCORPORATION : 03NOV2006
REGISTERED IN :
DURATION : 99 years
SHAREHOLDERS'
EQUITY :
LISTED AT STOCK
EXCHANGE : No
CURRENT EXCHANGE
RATE :
Ps$10.91
per 1.00 U.S. Dollars
COMMENTS -
Personal data of the executives below named was declined due to
confidentiality policy.
HISTORY
CAPSUGEL DE MEXICO S. DE R.L. DE C.V. is a new mexican company created
in the country by the trasnational Pfizer Inc., on November 3rd., 2006 after sale
of its consumer health care division that in
However, plant of CAPSUGEL DE MEXICO S. DE R.L. DE C.V. dates its
existence to when the company called COMPAÑIA MEDICINAL LA CAMPAÑA S.A. DE C.V.
mexican society subsidiary of Warner Lambert de Mexico S.A. de C.V. was created
, whose main activity was production and sale of pharmaceutical products and
toiletries.
In December 1995, COMPAÑIA MEDICINAL LA CAMPANA S.A. DE C.V. and WARNER
LAMBERT DE MEXICO S.A. DE C.V. were merged into CHICLETS ADAMS S.A. DE C.V.
Later, CHICLETS ADAMS S.A. DE CV.. changed its name to GRUPO WARNER LAMBERT DE
MEXICO S.A. DE C.V.
The plant which COMPAÑIA MEDICINAL LA CAMPANA S.A. DE C.V. had in
Later, GRUPO WARNER LAMBERT DE MEXICO S.A. DE C.V. sold the plant to
PFIZER and it was renamed as PFIZER CONSUMER HEALTH CARE MEXICO S. DE R.L. de
C.V. (CAPSUGEL division).
DIRECTORS /
EXECUTIVES / SHAREHOLDERS
FULL NAMES /
COMPANY NAME TITLE
LANDA JIMENEZ, JAVIER General Director
APANCO MENDOZA, ANTONIO
Administrative Manager
GONZALEZ, JUAN CARLOS General Accountant
WHO IS WHO ?
LANDA JIMENEZ,
JAVIER
NATIONALITY
: Mexican
APANCO MENDOZA,
ANTONIO
NATIONALITY
: Mexican
GONZALEZ, JUAN
CARLOS
NATIONALITY
: Mexican
RELATED
COMPANY(IES)
Subject is a member of PFIZER, INC., pharmaceuticals company number one
in the world present in over 150 countries who are focused on research and
development activities of pharmaceutical products.
BUSINESS
MAIN ACTIVITY .-
Manufacture and export of hard gelatin capsules.
Trademarks: "CAPSUGEL" (own)
IMPORT :
Yes
From the United States, France, against direct credit at 15-30 days.
EXPORT :
Yes
to the
% FOREIGN
SALES(COUNTRIES) : 100%
% DOMESTIC
PURCHASES : 100% (Other)
% FOREIGN
PURCHASES : 100% (Raw material)
EMPLOYEES : 150 workers approximately.
FACILITIES -
Premises
: Own
Use :
Administrative
offices, plant also warehouse of the company.
Remarks and other Premises .-
Tax domicile: Paseo de Los Tamarindos No. 40, Col. Bosques de Las Lomas,
Delegacióm Cuajimalpa de Morelos, C.P. 05,120, Mexico D.F.
COMMENTS -
All production of subject is sold to its filial CAPSUGEL of the
CAPSUGEL DE MEXICO S. DE R.L. DE C.V. participated on February 5th., in
the ninth EXPO INTERNACONAL NATURISTA ANL.
FINANCIAL INFORMATION
We interviewed C.P. Juan Carlos González, General Accountant, during
this investigation. He refused to provide any kind of information regarding the
company as according to him all information of the company is regarded
confidential. Apart, he claims he has instructions from the parent company not
to disclose any data to third parties.
All information contained on this commercial report was obtained from
outside sources.
The following is the Consolidated Balance Sheet of Pfizer Inc. and
Subsidiaries at December 31st., 2006, expressed in U.S. Dollars.
BALANCE SHEET DATE :
31DEC2006
TYPE OF BALANCE SHEET : Consolidated
BALANCE SHEET OF : 12 months
CURRENCY : U.S. Dollars
ASSETS
TOTAL CURRENT :
46,949,000,000.00
FIXED : 65,750,000,000.00
OTHERS : 2,138,000,000.00
TOTAL ASSETS :
114,837,000,000.00
LIABILITIES
TOTAL CURRENT :
21,389,000,000.00
LONG TERM :
22,090,000,000.00
TOTAL EQUITY :
71,358,000,000.00
TOTAL LIABILITIES : 114,837,000,000.00
SALES : 12,603,000,000.00
PROFIT (LOSS) :
9,449,000,000.00
LIQUIDITY RATIO : 2.20 (Current Assets/Current
Liabilities)
DEBT-TO-EQUITY RATIO :
333.62% (Shareholders'equity/Current Liabilities)
PROFITABILITY MARGIN :
74.97% (Profits/Sales)
WORKING CAPITAL : 25,560,000,000.00 (Current Assets
- Current Liabilities)
PROPERTIES OF THE
COMPANY -
Office equipment
Computer equipment
Transport equipment
Capsulators
Laboratory
etc.
INSURANCE -
Company
ING-COMERCIAL AMERICA S.A. DE C.V.
SEGUROS MONTERREY NEW YORK LIFE S.A.
PAYMENTS RECORD
TRADE REFERENCES -
Line
of Credit Monthly Average Terms(days)) Performance? Time Products/Services Supplier
1 Ps$ No specified. Ps$ 50,000.= 30 days Prompt Nov.2006 Replacement parts Domestic
2 Ps$ No specified Ps$ 10,000.= 30 days Prompt 2006 Cleaning chemicals Domestic
3 Ps$ No specified Ps$ 50,000.= 30 days Prompt November Replacement parts Domestic
LIST OF DOMESTIC
SUPPLIERS -
Suppliers listed Alphabetically. There is not relationship as for the order
above
Supplier
CAPSUGEL
CAPSUGEL
ECOLAB
IMPORTADORA Y EXPORTADORA ALME S.A. DE C.V.
REFACCIONES INDUSTRIAL LAMUÑO HERMANOS
BANKING INFORMATION
BANKERS
Bank
BANCO NACIONAL DE MEXICO S.A.
Subject is a client of this bank under its current name since November
2006.
Bank rating: Good Client.
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%)