|
Report Date : |
17.08.2012 |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Status : |
Undetermined |
|
|
|
|
Payment Behaviour : |
-- |
|
|
|
|
Litigation : |
-- |
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, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
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 |
ACS INTERNACIONAL
S. DE R.L. DE C.V. |
||||
|
TRADE NAME |
ACS
INTERNACIONAL |
||||
|
TAXPAYER REGISTRATION |
RFC AIN861003CL8. |
||||
|
MAIN ADDRESS |
Ruiz Cortines No. 1855 Pte., Col. Estrella |
||||
|
POSTAL CODE |
64400 |
||||
|
PROVINCE / DEPARTAMENT |
Monterrey |
||||
|
STATE / REGION |
Nuevo León |
||||
|
COUNTRY |
MEXICO |
||||
|
TELEPHONE |
(5281) 46244957 - 46244935 |
||||
|
E-MAIL |
scastillo@acsind.com |
||||
|
WEB |
www.acsindustries.com |
||||
|
|
|||||
|
|||||
|
|
|||||
GENERAL INFORMATION
|
|
|
In your request
you wrote as address: AA Guillenno Duenas Ramirez Colonia 16 de Septimbre ,
which is wrong. The correct address is mentioned above. We contacted the Comptroller
of this company, C.P.A. Virginia Rodriguez, who refused to provide any
information regarding the company as it is considered of confidential
character. She didn't facilitate us an opportunity to interview other company
executives either. Through consultation with various external sources of
information we found the following: ACS Internacional S. de R.L. de CV is a
company founded in Monterrey, Nuevo Leon, October 3, 1986. Before the
Secretary of Tax Administration (SAT) the company was given green light to
operate under RFC: AIN861003CL8. The company operates as a subsidiary of
"ACS Industries, Inc." global leader in engineered knitted wire
mesh solutions . Founded in Providence, Rhode Island in 1939, manufactures
knitted wire mesh products, knitted copper sponges, etc. Has facilities in
Lincoln, Rhode Island, Laredo, Texas, Shanghai, China, and Monterrey, Mexico.
The facilities in Monterrey, Nuevo Leon, were established before NAFTA in
1986 and operates withlittle less than 1'000,000 square feet of manufacturing
space where woven wire mesh are manufactured. It has tools and equipment and
constructions, and more than 550 knitting machines for their business. It
also has other facilities in Paseo de las Americas No. 601 esquina Cádiz,
Col. Country La Silla 1er. Sector, C.P. 67020, Guadalupe, Nuevo León. With
regard to the data forwarded in the order: We placed several calls to the
phone numbers (314) 3327066/3327044 which belong to a company called IMAGEN
FISCAL, a firm formed by a group of professionals specialized in the
following areas: Tax and Customs and in International Trade where we
contacted Grad. Juan Carlos Lozano Penagos., same who stated he was
unfamiliar with the subject. This company is located in calle Dolores Hidalgo
No. 19, Col. 16 de Septiembre, Manzanillo, Colima, C.P. 28239. They also said
that on the ground floor of the premises where IMAGEN FISCAL is located ,
also operates the Customs Agent Guillermo Dueñas Ramírez, same that claims he
does not know the subject. In short this is all the information we can
provide about the company and thus we finish our work. |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.99 |
|
|
1 |
Rs.87.55 |
|
Euro |
1 |
Rs.68.68 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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.