MIRA INFORM REPORT
|
Report Date : |
04.11.2011 |
IDENTIFICATION DETAILS
|
Name : |
COMERCIALIZADORA MEXICO AMERICANA S.R.L. DE
C.V. |
|
|
|
|
Registered Office : |
Nextengo 78, Col. Santa Cruz Acayocan, Delg.
Azcapotzalco, 02770, México DF, Distrito Federal |
|
|
|
|
Country : |
Mexico |
|
|
|
|
Financials (as on) : |
30.06.2011 |
|
|
|
|
Date of Incorporation : |
11.09.1991 |
|
|
|
|
Com. Reg. No.: |
Commercial Page No.257,811- Public Registry |
|
|
|
|
Legal Form : |
Limited Liability Partnership of Variable Capital |
|
|
|
|
Line of Business : |
Import and trading
of every kind of products and merchandise to supply exclusively all business
units of the WAL MART Group |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment
Behaviour : |
Unknown |
|
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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Mexico |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
IDENTIFICATION
|
CORRECT
COMPANY NAME |
:
|
COMERCIALIZADORA MEXICO
AMERICANA S.R.L. DE C.V. |
|
TRADE
NAME |
:
|
"CMA" |
|
TAXPAYER
REGISTRATION |
:
|
RFC CMA-910911-9LO |
|
MAIN
ADDRESS |
:
|
Nextengo 78, Col. Santa Cruz
Acayocan, Delg. Azcapotzalco |
|
POSTAL
CODE |
:
|
02770 |
|
CITY |
:
|
México DF |
|
DEPARTMENT/STATE |
:
|
Distrito Federal |
|
COUNTRY |
:
|
MEXICO |
|
TELEPHONE |
:
|
58991200 |
|
FAX |
:
|
58991253 |
|
WEB
SITE |
:
|
SUMMARY
FOUNDATION :
1991
LAST CAPITAL :
Ps$625,471.= Pesos
SALES :
0.00
EMPLOYEES :
120
PAYMENTS :
Without rating (No payment experience traced)
CHIEF EXECUTIVE :
PONCE LIMON, IGNACIO
DISPOSITION :
Report prepared through third-party sources.
LEGAL
BACKGROUNDS
|
LEGAL
ESTATUS |
:
|
Limited Liability
Partnership of Variable Capital |
|
DATE
OF INCORPORATION |
:
|
11SEP1991 |
|
START
OF OPERATIONS |
:
|
N/A |
|
REGISTERED
IN |
:
|
Mexico DF |
|
NOTARY
OFFICE |
:
|
N/A |
|
DURATION |
:
|
99 years |
|
REGISTRATION |
:
|
Commercial Page No.257,811-
Public Registry |
|
INITIAL CAPITAL |
:
|
N/A |
|
CURRENT PAID-IN CAPITAL |
:
|
Ps$625,471.= Pesos |
|
LAST CAPITAL INCREASE |
:
|
December 1991 (latest
reported) |
|
SHAREHOLDERS' EQUITY |
:
|
N/A |
|
TYPE OF SHARES |
:
|
Contributions |
|
LISTED AT STOCK EXCHANGE |
:
|
No |
|
SHARE
VALUE |
:
|
Ps$1.= Peso |
|
CURRENT
EXCHANGE RATE |
:
|
Ps$13.27 per US$1.= Dollar |
|
MEMBERSHIP |
:
|
N/A |
COMMENTS
.-
The company was incorporated on 11/09/1991 as a
Stock Company with Variable Capital, under the corporate name COMERCIALIZADORA
MEXICO AMERICANA S.A DE C.V.
In December 1999, it adopted the legal status
of Limited Liability Partnership with
Variable Capital and thus changed its corporate name to COMERCIALIZADORA MEXICO
AMERICANA S.R.L. DE C.V.
DIRECTORS
/ EXECUTIVES / SHAREHOLDERS
|
FULL
NAMES / COMPANY NAME |
TITLE |
|
PONCE LIMON, IGNACIO |
Director |
|
ORTEGA GARCIA, CARLOS
ENRIQUE |
Operation Deputy Director |
|
MARTINEZ, MARIA LUISA |
Controllership Manager |
|
JIMENEZ, ALEJANDRO |
Import Manager |
|
RODRIGUEZ DE ANDA, FELIPE |
Import Deputy Director |
BUSINESS
HISTORY
COMERCIALIZADORA MEXICO AMERICANA S.R.L. DE C.V. is
a subsidiary company of WAL-MART DE MEXICO S.A.B. DE C.V. (Tax ID:
NWM-970924-4WY), which is an American corporation.
This company is part of the WAL MART Group, which
has a trading chain of sales to general public, with operations in self-service
stores nationwide, membership clubs for wholesale, boutiques and restaurants.
RELATED
COMPANIES TO SUBJECT COMPANY OR TO MAJORITY SHAREHOLDER
|
COMPANY NAME |
COUNTRY |
AX. REG. |
RELATION |
|
NUEVA WAL-MART DE MEXICO S.
DE R.L. DE C.V. |
MEXICO |
NWM-970924-4W4 |
Related |
BUSINESS
MAIN
ACTIVITY .-
Subject is engaged in import and trading of every
kind of products and merchandise to supply exclusively all business units of the
WAL MART Group (Bodega Aurrera, Superama, SAM'S, Suburbia, VIP'S).
IMPORT : Yes
(From
Europe and USA; by direct credit and/or letters of credit)
EXPORT : No
|
% CASH SALES/METHOD |
:
|
N/A |
|
% CREDIT SALES/TERMS |
:
|
100% (Terms: 30 and 60 days,
inter-companies) |
|
% FOREIGN SALES (COUNTRIES) |
:
|
N/A |
|
% DOMESTIC PURCHASES |
:
|
N/A |
|
% FOREIGN PURCHASES |
:
|
N/A |
|
SELLING
TERRITORY |
:
|
100% (Domestic market) |
|
EMPLOYEES |
:
|
120 |
LOCATION
.-
|
Premises |
:
|
N/A |
|
Monthly
Amount |
:
|
N/A |
|
Time
Occupied |
:
|
06/1999 |
|
Area |
:
|
1,200 m2 |
|
Floors |
:
|
N/A |
Remarks and other Premises .-
Registered Office:
Nextengo 78, Col. Santa Cruz Acayocan, Delg.
Azcapotzalco, México DF, Distrito Federal, CP 02770, Tel: (5255) 58991200
This is a shopping center kept in excellent
condition where a Wal-Mart store operates. Inside this facility the corporate
offices of WAL MART Group are located .
Formerly, subject was located on Presidente Mazarik
No.111, Piso 8, Col. Chapultepec Morales, Delegación Miguel Hidalgo, Mexico DF.
Distribution Center:
- Av. De la Cruz No.50, Parque Industrial La Luz,
Cuautitlán Izcalli, Estado de Mexico CP
54830. Telephone: 5899.1200. Fax: 5899.1253
COMMENTS .-
Subject's customers are all the business units of
the WAL MART Group in Mexico.
At a group level employ 7,000 people approximately.
FINANCIAL
INFORMATION
|
Interviewee(s) |
:
|
Third-party sources |
|
Position(s) |
:
|
Import Manager |
|
Cooperation |
:
|
Report prepared through
third-party sources. |
|
Information
Provided |
:
|
This report has been
produced with information collected through third-party sources such as
databases and official, because of the reluctance of company executives in
providing information. As reference
data we provide the Consolidated Balance Sheet (06 months) of WAL-MART DE
MEXICO S.A.B. DE C.V., and its subsidiaries (including the subject), which main accounts follow: |
BALANCE SHEET DATE : 30JUN2011
TYPE OF BALANCE SHEET : Consolidated
PERIOD : 6 months
CURRENCY : Pesos
EXCHANGE RATE PER US$ : 11.60
ASSETS
TOTAL CURRENT : 50,557,344,000.00
FIXED : 106,727,662,000.00
OTHER : 30,741,402,000.00
TOTAL ASSETS : 188,026,408,000.00
LIABILITIES
TOTAL CURRENT : 44,766,966,000.00
LONG-TERM : 14,895,512,000.00
OTHER : 7,554,406,000.00
TOTAL SHARE.EQUTY : 120,809,524,000.00
TOTAL LIAB/SH.EQUITY : 188,026,408,000.00
SALES : 173,849,461,000.00
NET PROFIT : 9,155,362,000.00
FINANCIAL
SITUATION : UNDETERMINED
This company's Financial Situation is deemed to be
Undetermined because it was not found any financial information to assess its
results individually. However, it should be mentioned that it was not found any
adverse operating records either in the different sources researched, and the
company is supported by its parent company WAL-MART DE MEXICO S.A.B. DE C.V.,
which consolidated sales turnover at the end of 2010 amounted to
Ps$334,511,085,000.= Pesos.
INSURANCE
.-
It was not obtained any information on this matter.
PAYMENTS
RECORD
NOTE: Other Suppliers did not
provide information or could not be consulted.
|
Supplier |
Country |
Tel. |
|
Maersk México S.A. de C.V. |
MEXICO |
(5255) 50103500 |
|
American President Lines
S.A. de C.V. |
MEXICO |
(5255) 53289800 |
|
Colgate Palmolive S.A. de
C.V. |
MEXICO |
(5255) 56299922 |
|
Unilever de México S.A. de
C.V. |
MEXICO |
(5255) 11054000 |
|
Millward Brown México S.A.
de C.V. |
MEXICO |
(52.55) 30981000 |
|
Grupo Bimbo S.A. de C.V. |
MEXICO |
(52.55) 52686600 |
|
Coca Cola Femsa S.A. de C.V. |
MEXICO |
(52.55) 50815100 |
|
Industrial Actian line S.A.
de C.V. |
MEXICO |
(5287) 17506890 |
|
Seguridad Privada
Profesional S.A. de C.V. |
MEXICO |
(52.55) 22138617 |
|
Aceites Borges Pont S.A. |
SPAIN |
N/A |
|
Aceites Ybarra S.A. |
SPAIN |
N/A |
|
SOS Cuetara S.A. |
SPAIN |
N/A |
|
Oleícola Hojiblanca S.A. |
SPAIN |
N/A |
|
Mapson Intermodal System |
U.S.A. |
N/A |
|
Aceites Monterreal S.A. |
SPAIN |
N/A |
|
Geo Logistic |
U.S.A. |
N/A |
|
Salov S.P.A. |
ITALY |
N/A |
|
Carapelli Firenze S.P.A. |
ITALY |
N/A |
|
Stratitec Inc. |
U.S.A. |
N/A |
|
Stratifec Inc. |
U.S.A. |
N/A |
|
Be Well |
MEXICO |
(5255) 55435423 |
|
Jumppod |
U.S.A. |
N/A |
|
Geologistics Ltd. |
TAIWAN |
N/A |
|
Schumacher Electric Corp. |
U.S.A. |
N/A |
|
Sanyo Electric Co. Ltd. |
JAPAN |
N/A |
|
Stratitec Inc. |
U.S.A. |
N/A |
CREDIT RISK CENTRAL .-
It was not found any adverse records in consulted
sources.
CREDIT HISTORY .-
The contacted suppliers have refused to provide
commercial references per inside policies and/or have not answered our
reference requests yet.
BANKING
INFORMATION
BANKERS
.-
|
Bank |
Contact |
Telephone |
Account # |
DC (S/.) |
FC (US$) |
|
NACIONAL DE MEXICO S.A. |
N/A |
N/A |
N/A |
N/A |
N/A |
|
BBVA BANCOMER |
N/A |
N/A |
N/A |
N/A |
N/A |
|
SERFIN |
N/A |
N/A |
N/A |
N/A |
N/A |
|
CITIBANK |
N/A |
N/A |
N/A |
N/A |
N/A |
It should be mentioned that in Mexico it is not
possible to obtain any banking references if it is not known the checking
account number, agency where the account was opened, and name of credit
officer.
GENERAL
INFORMATION
REPUTATION
.-
NOTHING
AGAINST COMPANY
CREDIT
OPINION
Requested
Credit : MAXIMUM
Suggested
Credit : OPEN.
HAS SUPPORT OF GROUP.
NOTE: The Opinion given is confidential referential
and with out liability
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.37 |
|
UK Pound |
1 |
Rs.78.50 |
|
Euro |
1 |
Rs.67.59 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.