|
Report Date : |
17.09.2012 |
IDENTIFICATION DETAILS
|
Name : |
HELM DE MEXICO S.A. |
|
|
|
|
Registered Office : |
Protón 2, Col. Parque Industrial Naucalpán 53,489 Naucalpán de Juárez |
|
|
|
|
Country : |
México |
|
|
|
|
Date of Incorporation : |
03.03.1966 |
|
|
|
|
Legal Form : |
Joint-Stock Company |
|
|
|
|
Line of Business : |
Import and distribution of raw
material for the pharmaceutical industry, food and animal feed, industrial
chemicals and agrochemicals. |
|
|
|
|
No. of Employee: |
217 |
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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
|
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
CORRECT COMPANY NAME |
: |
HELM DE MEXICO S.A. |
|
TRADE NAME |
: |
"HELM DE MEXICO" |
|
TAXPAYER REGISTRATION |
: |
RFC HME-660303-531 |
|
MAIN ADDRESS |
: |
Protón 2, Col. Parque Industrial Naucalpán |
|
POSTAL CODE |
: |
53,489 |
|
CITY |
: |
Naucalpán de Juárez |
|
DEPARTMENT/STATE |
: |
México |
|
COUNTRY |
: |
MEXICO |
|
TELEPHONE |
: |
(5255) 52289900 |
|
FAX |
: |
53005731 |
|
WEB SITE |
: |
www.helm-mexico.com.mx |
COMMENTS .-
Other e-mail: ediaz@helm-mexico.com.mx
FOUNDATION : 1966
LAST CAPITAL : No specified
SALES : 0.00
EMPLOYEES : 217
PAYMENTS : P2 Usually to terms/good
CHIEF EXECUTIVE : KUHLMANN, MICHAEL
DISPOSITION : PARTIAL (Full information but no figures).
RATING (*) : B: Risk is Moderate. Within Average. Satisfactory.
|
LEGAL ESTATUS |
: |
Joint-Stock Company |
|
DATE OF INCORPORATION |
: |
03MAR1966 |
|
START OF OPERATIONS |
: |
N/A |
|
REGISTERED IN |
: |
Mexico D.F. |
|
NOTARY OFFICE |
: |
No.96 - Lic.Tomás O´Gorman |
|
DURATION |
: |
99 years |
|
REGISTRATION |
: |
Book 3, Volume 628, Page 337
N' 220 |
|
INITIAL CAPITAL |
: |
Ps$600.= Pesos (old Pesos) |
|
CURRENT PAID-IN CAPITAL |
: |
No specified |
|
LAST CAPITAL INCREASE |
: |
No increase reported |
|
SHAREHOLDERS' EQUITY |
: |
N/A |
|
TYPE OF SHARES |
: |
N/A |
|
LISTED AT STOCK EXCHANGE |
: |
No |
|
SHARE VALUE |
: |
N/A |
|
CURRENT EXCHANGE RATE |
: |
Ps$13.48 per USD1.00 |
|
MEMBERSHIP |
: |
National Chamber of
Commerce, Services and Tourism of Naucalpan |
COMMENTS .-
HELM DE MEXICO is also affiliated to the
Mexican-German Chamber of Commerce and Industry - CAMEXA.
|
FULL NAMES / COMPANY NAME |
TITLE |
OWNERSHIP % |
|
KUHLMANN, MICHAEL |
Director General |
|
|
BOBADILLA GARCIA, RODOLFO |
Commercial Director |
|
|
DIAZ SANCHEZ, ENRIQUE |
Finance Manager |
|
|
GARCIA, RODRIGO |
Techn. Develop. Manager |
|
|
HELM AG |
Parent Co. |
Maj.Shareh |
KUHLMANN, MICHAEL
NATIONALITY : German
DIAZ SANCHEZ, ENRIQUE
NATIONALITY : Mexican
HELM AG
BACKGROUND INFORMATIONcompany founded in 1900, headquartered at Nordkanalstrasse N'28,20097,
Hamburg, Germany.
It is an international organization engaged in the commercialization
of chemicals and focused on national and international distribution of raw
materials for the pharmaceutical industry, food industry, animal nutrition,
industrial chemicals and agrochemicals.
HELM DE MEXICO SA is a company controlled by German
capital founded in 1966 in the City of Mexico.
It is part of an international organization with
more than 60 offices worldwide, through which they trade raw materials.
It started by importing and distributing raw
material for the pharmaceutical industry and then, diversified products for the
food industry, animal nutrition, industrial chemicals and agrochemicals, apart
from establishing head offices in the City of Mexico. Later, they opened
branches in strategic places of the country.
|
COMPANY NAME |
COUNTRY |
RELATION |
|
HELM AG |
GERMANY |
Parent Co. |
|
HELM ANDINA LTDA. |
COLOMBIA |
Group Company |
|
HELM ARGENTINA S.R.L. |
ARGENTINA |
Group Company |
|
HELM DO BRASIL MERCANTIL
LTDA. |
BRAZIL |
Group Company |
|
HELM FERTILIZER CORPORATION |
U.S.A. |
Group Company |
|
HELM FERTILIZER HELENA
TERMINAL INC. |
U.S.A. |
Group Company |
|
HELM FRANCE S.A.R.L. |
FRANCE |
Group Company |
|
HELM GREAT BRITAIN LTD |
UNITED KINGDOM |
Group Company |
|
HELM HONG KONG LTD. |
HONG KONG |
Group Company |
|
HELM IBERICA S.A. |
SPAIN |
Group Company |
|
HELM ITALIA S.R.L. |
ITALY |
Group Company |
|
HELM JAPAN LTD. |
JAPAN |
Group Company |
|
HELM NEW YORK, INC. |
U.S.A. |
Group Company |
|
SOUTHERN CHEMICAL
CORPORATION |
U.S.A. |
Group Company |
MAIN ACTIVITY .-
Import and distribution of raw material for the
pharmaceutical industry, food and animal feed, industrial chemicals and
agrochemicals.
It operates through the following divisions:
Pharmaceutical Division offers more than 100
products of active ingredients, excipients and other specialties. They have two technical departments and a
pilot plant and a team of professionals in the fields of coating and
pharmaceutical specialties.
Food Division offers a wide variety of additives to
be applied in different areas of food industry; Dairy, meat, beverages, bakery,
confectionery, flavors, canned food and poultry. They offer technical advice
and the ability to use their pilot plant for testing
Animal Nutrition Division. More than 60 products
and premixes for the balanced. feed industry are traded. Besides, technicians
provide specialized services in formulations, monitoring the stability of
vitamins, determining mycotoxins, as well as offering field support. All in all, they deliver a comprehensive
service to enhance and increase productivity with its customers.
Industrial Chemicals Division: Division created in 2004 to sell raw
materials focused on paints industry,
adhesives, resins and coatings.
Agrochemicals Division:
It offers a wide range of products for crop
protection, sold under its own brand Helm and dedicated to vegetables, grains,
pastures and orchards.
IMPORT : Yes
Germany,
Belgium, USA, Colombia, with direct credit
EXPORT : No
|
% CASH SALES/METHOD |
: |
20% |
|
% CREDIT SALES/TERMS |
: |
80% terms: 30, 45 and 60
days |
|
% FOREIGN SALES (COUNTRIES) |
: |
N/A |
|
% DOMESTIC PURCHASES |
: |
50% |
|
% FOREIGN PURCHASES |
: |
50% |
|
SELLING TERRITORY |
: |
Mexican market - 100% |
|
EMPLOYEES |
: |
217 |
LOCATION .-
|
Premises |
: |
Own |
|
Monthly Amount |
: |
N/A |
|
Time Occupied |
: |
N/A |
|
Area |
: |
land 2,250 m2 |
|
Floors |
: |
N/A |
Remarks and other Premises .-
At caption address we find the Headquarters of the
company investigated.
Built area covers 1,000 m2.
Besides, the Company branches located at:
Chihuahua
Calz. Silvestre Terrazas No. 9204, Col. Los Pinos, 31416 Chihuahua, Chihuahua
Tel.: (614)
418-08-62 / Fax: (614) 418-13-23
E-mail:
chihuahua@helm-mexico.com.mx
Córdoba
Calzada Tlacotengo No. 22, Col. Crucero Nacional, 94470 Fortín de las Flores, Veracruz
Tel:. (271) 7161055 - 7161057 / Fax: (271) 7160585
e-mail address: cordoba@helm-mexico.com.mx
Culiacán
Industrias del Sol No. 2836, Col. Parque Ind.
Canacintra II, 80150 Culiacán, Sinaloa
Tel.: (667)
761-50-09 / Fax: (667) 761-50-49
E-mail:
culiacan@helm-mexico.com.mx
Guadalajara
Circuito de la Productividad Sur No. 109, Parque
Ind. Guadalajara, Col. Las Pintas, 45690
El Salto, Jalisco
Tel.: (33)
36-89-12-33/ Fax: (33) 36-89-12-80
E-mail:
guadalajara@helm-mexico.com.mx
León
Calle Circuito Luxma No. 119, Col. Polígono
Industrial Milenio, C.P. 37290, León, Guanajuato
Tel.: (477)
761-03-56 / Fax: (477) 761-36-26
E-mail:
leon@helm-mexico.com.mx
Mérida
Calle 19 No. 388 Int. 1, Col. Ampliación Cd.
Industrial, 97390 Uman, Yucatán
Tel.: (999)
919-11-32 / Fax: (999) 919-11-32
E-mail: merida@helm-mexico.com.mx
Monterrey
Carr. Miguel Alemán Km. 16.5-D, Col. Parque Ind.
Almacentro, 66600 Apodaca, Nuevo León
Tel.: (81)
82-45-63-00 / Fax: (81) 83-69-38-40
E-mail:
monterrey@helm-mexico.com.mx
COMMENTS .-
According to the Customs Office, the Company was
entered in the Importers Register, Sector 83 - Chemicals on May 4, 2006 and
Sector 37 - Precursor Chemicals and Essential Chemicals on February 12, 2008.
Sales are targeted at dairy food, bakery, beverage, seasonings,
sweets, canned foods and poultry.
|
Interviewee(s) |
: |
Gabriela Torres |
|
Position(s) |
: |
Assistant to Finance Manager |
|
Cooperation |
: |
PARTIAL (Full information
but no figures). |
|
Information Provided |
: |
Ms. Torres on instructions
from Mr. Enrique Diaz Sánchez (C.F.O.) agreed to send us the information
required in the course of next few days. We will wait a reasonable time and
if outcome is positive, immediately we will issue and forward to you supplemental report. Otherwise,
please consider this as final report.
To avoid delaying the investigation, we conducted an exhaustive search
through various external sources of information (public sources, our own
files, etc) where we got the data basis of this report. There was no
availability of full balance sheets; however, we know that company annual
sales are estimated at U.S.$150,000,000 .= (Dollars). |
FINANCIAL SITUATION : UNDETERMINED
It should be mentioned that HELM DE MEXICO S.A is a company controlled by German capital
founded in 1966 which is part of an important business organization
No accounting elements were available to determine
the real financial situation of this Company.
Found no trade references either showing its payment record. Nonetheless, no negative backgrounds have
been reported against its reputation.
PROPERTY OF THE COMPANY .-
Main assets of the Company include:
- Transport and logistic network for the seven
distribution centers
- Quality control laboratory equipment
- Pilot plants equipped with state-of-the-art
technology
- Warehouses designed specifically for handling of
pharmaceuticals; area covers 10,000 m2
- Cutting-edge software for an efficient logistics
- Office furniture and fixtures
- Computer equipment
etc.
INSURANCE .-
No information was available regarding insurance
policies.
TRADE REFERENCES .-
|
Supplier |
Country |
Tel. |
Line of Credit |
Monthly Average |
Terms(days) |
Perfomance? |
Time |
Products/Services |
|
Drimsa |
MEXICO |
(52.55) 53897721 |
Ps$ 12-50,000.= |
N/A |
30 days |
Prompt |
7 years |
Industrial waste collection
service . |
|
Productos Químicos Mardupol
S.A. de C.V. |
MEXICO |
(52.55) 51180100 |
US$ 10,000.= |
|
30 days |
Prompt |
2007 |
Chemicals |
|
Ciro Tecnológico Grama |
MEXICO |
(52.55) 53897094 |
Ps$ 8,000-12,000.= |
N/A |
Cash |
No experience |
2 years |
Maintenance quality control
service |
|
Impermeabilizaciones
Confiables S.A. de C.V. |
MEXICO |
(52.55) 53441193 |
US$ 5,000.= |
N/A |
30 days |
Prompt |
3 years |
Waterproofing, chemicals,
products |
|
Analytech Soporte Técnico
S.A. de C.V. |
MEXICO |
(52.55) ) 55765706 |
Unlimited |
N/A |
cheque 15 days |
Prompt |
1year |
Technical Support |
NOTE: Other Suppliers did not
provide information or could not be consulted.
|
Supplier |
Country |
Tel. |
|
Particle Dynamics Inc. |
U.S.A. |
N/A |
|
Helm Ag |
GERMANY |
N/A |
|
Gelco S.A. |
COLOMBIA |
(57.5) 3446444 |
|
Rikevita (Malaysia) Sdn Bhd |
MALAYSIA |
N/A |
|
A.A. Verónica Ana Luisa
Valverde |
MEXICO |
(52.42) 158181 |
|
And Logistics |
MEXICO |
(52.55) 10541508 |
BANKERS .-
|
Bank |
Contact |
Telephone |
Account # |
DC (S/.) |
FC (US$) |
|
NACIONAL DE MEXICO SA |
N/A |
N/A |
N/A |
N/A |
N/A |
|
BBVA BANCOMER SA |
N/A |
N/A |
N/A |
N/A |
N/A |
The subject is a customer of those banks, which
when consulted told us that in compliance with current legal regulations, can not
provide data on their customer movements out of respect to banking secrecy.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.73 |
|
|
1 |
Rs.88.61 |
|
Euro |
1 |
Rs.71.34 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.