MIRA
INFORM REPORT
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Report Date : |
24.08.2012 |
IDENTIFICATION DETAILS
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Name : |
G4 DE MÉXICO S.A. DE C.V. |
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Registered Office : |
Aviación No. 399-A, Col. San Juan de Ocotán, Postal Code 45019, Zapopan, Jalisco |
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Country : |
Mexico |
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Date of Incorporation : |
03.08.2000 |
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Legal Form : |
Stock Company of Variable Capital |
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Line of Business : |
Subject is engaged sale of vehicles, tires, furniture, toys, Home furnishings, machinery. |
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No. of Employees : |
90 approximately |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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Mexico |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
IDENTIFICATION
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CORRECT COMPANY NAME |
G4 DE MÉXICO
S.A. DE C.V. |
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TRADE NAME |
G4 DE MÉXICO |
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TAXPAYER REGISTRATION |
RFC GCM000803CZ6 |
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MAIN ADDRESS |
Aviación No. 399-A, Col. San Juan de
Ocotán, |
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POSTAL CODE |
45019 |
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PROVINCE / DEPARTAMENT |
Zapopan |
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STATE / REGION |
Jalisco |
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COUNTRY |
MEXICO |
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TELEPHONE |
(5233) 31652292 ext. 160 |
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E-MAIL |
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WEB |
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COMMENTS |
Other
email: |
SUMMARY
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Date of foundation |
2000 |
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permanent employees |
90 approximately |
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Chief Executive |
RIGGEN RAMÍREZ, EDUARDO |
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Disposition |
Poor.- Only general information without
figures. |
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Payments policy |
Without rating (No payment experience
traced) |
LEGAL BACKGROUNDS
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LEGAL STATUS |
Stock Company of Variable Capital |
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DATE OF INCORPORATION |
03AUG2000 |
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PLACE OF REGISTRY |
Guadalajara, Jalisco |
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DURATION |
99 years |
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CURRENT EXCHANGE RATE (US$) |
$13.15 Peso x 1 USA Dollar |
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COMMENTS |
Personal information of the top executive
was not disclosed for security reasons. |
DIRECTORS
- EXECUTIVES –
SHAREHOLDERS
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WHO IS WHO?
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RIGGEN RAMÍREZ,
EDUARDO |
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NATIONALITY |
Mexican |
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VALENCIA
ÁLVAREZ, ÁNGELES |
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NATIONALITY |
Mexican |
BUSINESS HISTORY
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G4 de México S.A. de C.V. , is a 100% Mexican
company that began operations on August 3, 2000 in the city of Guadalajara,
Jalisco, and since its foundation has not changed its legal structure Related Companies: The subject does not have related
companies. |
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BUSINESS |
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SIC Classification |
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Main activity |
The company specializes in the design,
printing, engraving and sale of promotional items. Products it handles include: Plastic pens,
metal pens, health and personal items, travel goods, key rings, cylinders,
cups, jars, electronics, tools, household items and office items. |
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Import |
Yes |
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Country |
Italy, etc., By direct credit |
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Export |
Yes |
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COUNTRY |
Europe, South America and the United
States, through direct credit. |
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% CASH SALES / METHOD |
30% |
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% Credit SALES / Terms |
70% (30 days) |
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% DOMESTIC PURCHASES |
50% |
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% FOREIGN PURCHASES |
50% |
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SELLING TerritorY |
National, international |
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EMPLOYEES |
90 approximately |
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Comments |
The company has more than ten million items
in its warehouse of 4,000 square meters. Can make more than one hundred stampings
per day. CLIENTS: The company has dealers such as: -Hart & Co. S.A. de C.V. |
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FINANCIAL INFORMATION
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Interviewee(s) |
Ms. Carol Sanchez |
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Position(s) |
Assistant |
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Disposition |
Poor.- Only general information without
figures. |
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Information provided |
We interviewed Ms.. Carol Sanchez
(Assistant), who helped us best she could with the data contained in this
report. Commented that on instructions from Mr.
Riggen, she was not able to provide further details about the company, as
first needed to learn the identity of the supplier that was requesting such
information. It should be noted report was completed
with information obtained from reliable external sources. |
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SALES |
US$ 0.00 () |
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FINANCIAL SITUATION |
UNDETERMINED Subject's Financial Position is considered
UNDETERMINED, since there are no financial figures allowing a financial analysis
of the results in its last fiscal year. |
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Property of company comments |
The company has available to operate: -Screen printing equipment (high-speed
automatic printing, screen printing is ideal for flat or cylindrical objects with
regular shapes, as it is a quick and inexpensive). -Pad printing equipment (is more expensive
than screen printing because it requires more specialized developing plates
and inks, ideal for irregular objects of complex shapes). -Lasser equipment (ideal for high
definition prints with chrome finish, unique in Mexico). - DocuColor equipment (to print covers of
watches and other products on color selection with digital quality). -Furniture and Office Equipment -Computer Equipment -Transportation equipment Etc. |
TRADE REFERENCES
CREDIT BUREAU, LAWSUITS,
BANKS
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TRADE REFERENCES |
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BANKERS Banking is with: Nacional de México S.A. Account No. 5606672, Branch 301 Mercantil del Norte S.A. HSBC México S.A. |
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GENERAL INFORMATION
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REPUTATION |
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NOTHING AGAINST COMPANY |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.19 |
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UK Pound |
1 |
Rs.87.65 |
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Euro |
1 |
Rs.69.16 |
INFORMATION DETAILS
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Report Prepared
by : |
MNL |
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 |
Capability to overcome financial difficulties seems comparatively
below average. |
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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NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.