MIRA INFORM REPORT

 

 

Report Date :           

28.06.2011

 

IDENTIFICATION DETAILS

 

Name :

GRUPO COMERCIAL BAJA BEACH S.A.

 

 

Registered Office :

Boulevard Sánchez Taboada 10488, Of. 302, Zona Urbana Rio Tijuana, Tijuana

 

 

Country :

Mexico

 

 

Date of Incorporation :

23.03.2004

 

 

Com. Reg. No.:

Not Available

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

imports and wholesales textile goods, items of clohting, footwear, etc.

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

US$50,000

Status :

Moderate

Payment Behaviour :

No Complaints

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Mexico

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 Bottom of Form

 

 

IDENTIFICATION                                                                                                                                  

 

CORRECT COMPANY NAME

:

GRUPO COMERCIAL BAJA BEACH S.A.

TRADE NAME

:

N/A"

TAXPAYER REGISTRATION

:

RFC GCB-040323-4P5

MAIN ADDRESS

:

Boulevard Sánchez Taboada 10488, Of. 302, Zona Urbana Rio Tijuana

CITY

:

Tijuana

DEPARTMENT/STATE

:

Baja California

COUNTRY

:

MEXICO

TELEPHONE

:

6070945

FAX

:

N/A

WEB SITE

:

N/A

 

 

SUMMARY

 

FOUNDATION               : 2004

SALES                         : 0.00

EMPLOYEES                : 12

PAYMENTS                  : Usually to terms/good

CHIEF EXECUTIVE        : QUINTANA, MARLA

DISPOSITION               : (They) refused to give information (only confirmed some data).

 

 

LEGAL BACKGROUNDS                                                                                                                                  

 

LEGAL ESTATUS

:

Joint-Stock Company

DATE OF INCORPORATION

:

23MAR2004

START OF OPERATIONS

:

N/A

REGISTERED IN

:

Tijuana

NOTARY OFFICE

:

N/A

DURATION

:

N/A

REGISTRATION

:

N/A

INITIAL CAPITAL

:

N/A

CURRENT PAID-IN CAPITAL

:

N/A

LAST CAPITAL INCREASE

:

N/A

SHAREHOLDERS' EQUITY

:

N/A

TYPE OF SHARES

:

N/A

LISTED AT STOCK EXCHANGE

:

No

SHARE VALUE

:

N/A

CURRENT EXCHANGE RATE

:

Ps$11.76 per USD1.00

MEMBERSHIP

:

N/A

 

COMMENTS .-

It was not possible to get the incorporation neither the amount of the capital stock nor personal information of the executive.

Shareholders structure was not specified either.

 

 

DIRECTORS / EXECUTIVES / SHAREHOLDERS                                                                                                                                  

 

FULL NAMES / COMPANY NAME

TITLE

QUINTANA, MARLA

Administrative Manager

 

 

WHO IS WHO?                                                                                                                                  

 

QUINTANA, MARLA

NATIONALITY                           : Mexican

 

 

BUSINESS HISTORY                                                                                                                                 

 

GRUPO COMERCIAL BAJA BEACH S.A. is not related to any other company.

 

 

RELATED COMPANIES TO SUBJECT COMPANY OR TO MAJORITY SHAREHOLDER                                                                                                                                 

 

BUSINESS                                                                                                                                  

MAIN ACTIVITY .-

The Company imports and wholesales textile goods, items of clohting, footwear, etc.

 

IMPORT           : Yes

                        Asia: Hong Kong, Taiwan and India, etc.

EXPORT           : No

 

% CASH SALES/METHOD

:

N/A

% CREDIT SALES/TERMS

:

N/A

% FOREIGN SALES (COUNTRIES)

:

N/A

% DOMESTIC PURCHASES

:

N/A

% FOREIGN PURCHASES

:

It was not possible to get the incorporation records neither the amount of the capital stock nor personal information of the executive. Shareholders structure was not specified either. 

SELLING TERRITORY

:

Domestic market - 100%

EMPLOYEES

:

About 12

 

LOCATION .-

Premises

:

Rented

Monthly Amount

:

N/A

Time Occupied

:

N/A

Area

:

N/A

Floors

:

N/A

 

Remarks and other Premises .-

 

Formerly, they were located at Paseo de Los Hérores 9188, Colonia Rio Tijuana, Primera Etapa, Tijuana, C.P. 22320, Baja California, Mexico.

 

COMMENTS .-

The Company sells at cash and on credit basis within 15 and 30 days.

 

 

FINANCIAL INFORMATION                                                                                                                                 

 

Interviewee(s)

:

Marla Quintana

Position(s)

:

Administrative Manager

Cooperation

:

(They) refused to give information (only confirmed some data).

Information Provided

:

Ms. Quintana merely confirmed general information contained in this report. She declined to give more information for security reasons.  She added she wanted to know the identity of the inquiring party of this report. In view of this situation, we have had to complete this report based on data collected from outside sources where no balance sheets or estimated accounting figures could be obtained.

 

FINANCIAL SITUATION                        :           UNDETERMINED

 

Although no negative backgrounds were found, no accounting elements were available to determine the current financial situation of this Company.           

 

INSURANCE .-

No information was found relative to insurance policies.

 

 

PAYMENTS RECORD                                                                                                                                  

 

TRADE REFERENCES .-

Supplier

Country

Tel.

Line of Credit

Monthly Average

Terms(days)

Perfomance?

Time

Products/Services

ADUANERO DE BAJA CALIFORNIA

MEXICO

52664 6243605

 Open

US$ 50,000 / 100,000

30 days

Prompt

2002

Customs services

 

NOTE: Other Suppliers did not provide information or could not be consulted.

Supplier

Country

Tel.

COMUNICA TU MARCA S.A. DE C.V.

MEXICO

52333 1224140

 

 

CREDIT RISK CENTRAL .-

No bad records were found in databases we could access to.

 

 

BANKING INFORMATION                                                                                                                                 

 

BANKERS .-

Bank

Contact

Telephone

Account #

DC (S/.)

FC (US$)

BANCOMER

N/A

N/A

N/A

N/A

N/A

The Company is a client of the above bank. Further information was not given under bank secrecy.

 

 

GENERAL INFORMATION                                                                                                                                  

 

REPUTATION .-

NOTHING  AGAINST COMPANY

 

 

CREDIT OPINION                                                                                                                                  

 

Requested Credit :       MAXIMUM CREDIT

Subject Company is eligible for a credit limit amounting to US$50,000.= Dollars.

NOTE: The Opinion given is confidential referential and with out liability

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.10

UK Pound

1

Rs.71.88

Euro

1

Rs.63.75

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.