MIRA INFORM REPORT

 

 

Report Date :

15.06.2012

 

IDENTIFICATION DETAILS

 

Name :

DIGRAVA S.A. DE C.V.

 

 

Registered Office :

Calle 5 de Mayo No. 15, Interior 2, Col. San Juan de Ocotan, 45019 Zapopan Jalisco

 

 

Country :

Mexico

 

 

Date of Incorporation :

09.04.2003

 

 

Legal Form :

Stock Company of Variable Capital

 

 

Line of Business :

Subject is engaged to the purchase and sale of grains and seeds.

 

 

No. of Employees :

60 Approximately

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Status :

Satisfactory

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, 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

DIGRAVA S.A. DE C.V.

TRADE NAME

DISTRIBUIDORA DE GRANOS VACA

TAXPAYER REGISTRATION

RFC DIG030409R54

MAIN ADDRESS

Calle 5 de Mayo No. 15, Interior 2, Col. San Juan de Ocotan,

POSTAL CODE

45019

PROVINCE / DEPARTAMENT

Zapopan

STATE / REGION

Jalisco

COUNTRY

MEXICO

TELEPHONE

(5233) 36714573 - 36712766 - 36714574

E-MAIL

atorres@grupovaca.com

WEB

www.grupovaca.com

COMMENTS

 
 
Email: 
avazquez@grupovaca.com
svaca@grupovaca.com

 

SUMMARY

 

Date of foundation

2003

Capital stock

No specified

permanent employees

60 approximately

Chief Executive

VACA CONTRERAS, SERGIO ALEJANDRO

Disposition

Moderate.- Only some data and some figures.

Payments policy

Usually to terms/good

Credit (**)

Within Average. Lightly Fair Situation.

 

LEGAL BACKGROUNDS

 

LEGAL STATUS

Stock Company of Variable Capital

DATE OF INCORPORATION

09APR2003

PLACE OF REGISTRY

Guadalajara, Jalisco

NOTARY OFFICE

No. 3 Lic. Juan Jose Cepeda Ra

REGISTRATION

Electronic Commercial File No. 17939 of 09/04/2003

INITIAL CAPITAL

$.50,000 Pesos

CURRENT PAID-IN CAPITAL

No specified

LISTED AT STOCK EXCHANGE

No

CURRENT EXCHANGE RATE (US$)

$14.03 Pesos per $1.00 USADollar

COMMENTS

 
Shareholding structure was not disclosed.

 

DIRECTORS - EXECUTIVES – SHAREHOLDERS

 

FULL NAMES / COMPANY NAME

TITLE

%PART.

SINCE

VACA CONTRERAS, SERGIO ALEJANDRO

Managing Director

 

 

VÁZQUEZ GONZÁLEZ, ANA

General Accountant

 

 

 

 

WHO IS WHO?

 

VACA CONTRERAS, SERGIO ALEJANDRO

NATIONALITY

Mexican

D.O.B.

27FEB1976

TAX ID

VACS760227TA4.

 

 

ASSOCIATED AS PER OUR DATABASE TO

COMPANY

TITLE

TAX REG

COUNTRY

ESPECIAS MONINO S.A. DE C.V.

 

EMO0210295C5

MEXICO

 

 

 

 

VÁZQUEZ GONZÁLEZ, ANA

NATIONALITY

Mexican

PROFESSION

C.P.A.

 

BUSINESS HISTORY

 

 
Digrava S.A. de C.V. is a 100% Mexican company which was established in compliance with Public Deed No. 3098 of April 9, 2003, by Sergio Alejandro Vaca Contreras, Jorge Luis Vaca Contreras,  Dora del Sagrario Vaca Contreras, Martha Leticia Vaca Contreras, Martha Patricia Hernández Puentes and Leobardo Jiménez Reyes.
 
RELATED COMPANIES
 
The subject is part of the "VACA GROUP" which was founded in 1962 by Don Miguel Vaca Cuevas in Ciudad Guzman and now its headquarters is located in the city of Guadalajara, Jalisco, has over 45 years experience in domestic and international marketing of different products and services which are offered by its various subsidiaries,
The "Vaca Group" is also composed of the following company:
Almacenadora y Maquilas S.A. de C.V. (RFC: AMA020408R95).

 

 

RELATED COMPANIES TO SUBJECT COMPANY OR TO MAJORITY SHAREHOLDER

 

COMPANY NAME

COUNTRY

TAX REG.

RELATION %

ALMACENADORA Y MAQUILAS S.A. DE C.V.

MEXICO

DIG030409R54

Related

 

 

BUSINESS

 

Main activity

 
Subject is engaged to the purchase and sale of grains and seeds.
BRANDS:  V-Listo, Vaca-Best, Best of The West  and Fiesta

Import

Yes

Country

China, India, United States, Beirut, Canada, Chile and Germany, by direct credit of 30 days.

Export

No

% CASH SALES / METHOD

40%

% Credit SALES / Terms

60%; terms: 30 days

% DOMESTIC PURCHASES

90%

% FOREIGN PURCHASES

10%

SELLING TerritorY

100% National sales

EMPLOYEES

60 approximately

 

 

LOCATION

 

PREMISES

Rented

AREA

6,000 sqm

OTHER PREMISES

 
The warehouse, administrative offices and the tax domicile of the company operate in the heading address.
The premises has an area of 6,000 square meters and pay for it monthly rent of  60,000 pesos. As reference Subject is located near the corner of Aviación Avenue.
Previously was located in Coyul No. 2139, Mercado de Abastos, Guadalajara, Jalisco.
 
OTHER LOCATION: The company has no other premises.

Comments

 
Business Hours : Monday through Friday from 09:00 am. to 18:00 pm. and Saturday from 09:00 am. to 14:00 pm.
 
CLIENTS: Subject's main customers include grocery stores and food market merchants, etc.

 

 

FINANCIAL INFORMATION

 

Interviewee(s)

C.P.A. Vázquez

Position(s)

Accountant

Disposition

Moderate.- Only some data and some figures.

Information provided

 
We interviewed the C.P.A. Vázquez who confirmed most of the information contained in the report.
 
Our request for financial statements of the company was declined on the grounds of confidentiality.
 
Vázquez only stated that the company sells per month about  $65,000,000.= Pesos on average.

 

 

SALES

US$ 0.00 ()

Property of company comments

 
The company has:
 -Transportation Equipment
 -Furniture and Office Equipment
 -Computer equipment

 

 

 

 

 

INSURANCE

COMPANY

AGAINST

EXPIRATION

AMOUNT

Mapfre Tepeyac S.A. de C.V.

 

 

 

 

PAYMENTS RECORD: TRADE REFERENCES

 

(Confidential Information)

Supplier: AGRICULTORES UNIDOS DE LA REGIÓN DE CUAUHTÉMOC

Tel.: (625) 5831870.

Country: MEXICO

Goods/Services? : Grains and Seeds

 

 

Highest credit? : NC No specified

 

 

Client since? : Sev.Yrs.

Terms? : 30 days

Performance? : Prompt

Comments : Average Monthly Purchase: $1,000,000.= Pesos/ Good Customer

 

Note : Other suppliers did not provide information or could not be consulted

 

Supplier

Country

Comment

SURESH EXPORTS PVT. LTD.

INDIA

 

STARSEED S.A.L.

LEBANON

 

AGROCOPS EXIM LIMITED

INDIA

 

ALLCOMM COMMODITIES

CANADA

 

COMMODITIES SPECIALTIES COMPANY

U.S.A.

 

ONIZZO EXPORTACIONES

CHILE

 

KRAUTER MIX GMBH

GERMANY

 

 

 

BANKING INFORMATION

Bank

MERCANTIL DEL NORTE SA

 

Subject is a client of the above bank that refused information as it is against its policy.

 

 

 

 

GENERAL INFORMATION

 

REPUTATION

 

NOTHING AGAINST COMPANY

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.79

UK Pound

1

Rs.86.37

Euro

1

Rs.70.07

 

 

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%)

 

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.