MIRA
INFORM REPORT
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Report Date : |
28.09.2012 |
IDENTIFICATION DETAILS
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Name : |
HELM DE MÉXICO S.A. |
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Registered Office : |
Protón 2, Col. Parque Industrial Naucalpán, Postal Code 53,489, Naucalpán de Juárez, Estado de México |
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Country : |
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Date of Incorporation : |
03.03.1966 |
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Com. Reg. No.: |
Book 3, Volume 628, Page 337 Nº 220 |
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Legal Form : |
Joint-Stock Company |
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Line of Business : |
Import and distribution of raw material for the pharmaceutical industry, food and animal feed, industrial chemicals and agrochemicals |
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No. of Employees : |
219 employees |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 – June 30th, 2012
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Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
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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 |
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Source : CIA |
IDENTIFICATION
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CORRECT COMPANY NAME |
HELM DE MÉXICO
S.A. |
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TRADE NAME |
HELM |
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TAXPAYER REGISTRATION |
RFC HME660303531 |
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MAIN ADDRESS |
Protón 2, Col. Parque Industrial Naucalpán |
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POSTAL CODE |
53,489 |
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PROVINCE / DEPARTAMENT |
Naucalpán de Juárez |
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STATE / REGION |
Estado de México |
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COUNTRY |
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TELEPHONE |
(5255) 52289900 |
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E-MAIL |
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WEB |
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COMMENTS |
Tel: (55) 53005731 Other e-mail: gtorres@helm-mexico.com.mx |
SUMMARY
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Date of foundation |
1966 |
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Capital stock |
No specified |
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permanent employees |
219 |
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Chief Executive |
SCHNABEL, DIETER |
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Disposition |
Refused to give information for security
reasons |
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Payments policy |
Usually to terms/good |
LEGAL BACKGROUNDS
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LEGAL STATUS |
Joint-Stock Company |
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DATE OF INCORPORATION |
03MAR1966 |
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PLACE OF REGISTRY |
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NOTARY OFFICE |
No.96 - Lic.Tomás O´Gorman |
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DURATION |
99 years |
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REGISTRATION |
Book 3, Volume 628, Page 337 Nº 220 |
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INITIAL CAPITAL |
Ps$600.= Pesos (old Pesos) |
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CURRENT PAID-IN CAPITAL |
No specified |
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LISTED AT STOCK EXCHANGE |
No |
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CURRENT EXCHANGE RATE (US$) |
Ps$12.83 per USD1.00 |
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MEMBERSHIP |
National Chamber of Commerce, Services and
Tourism of Naucalpan |
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COMMENTS |
-The company is associated with the
"National Association of Chemical Industry AC (ANIQ) ". -The company's mission is to generate added
value to customers, suppliers, shareholders and society in general, marketing
its products and services in a favorable environment. It features well-equipped areas according
to the requirements of the products they handle. With a storage capacity of
10,000 square meters, cover all the |
DIRECTORS - EXECUTIVES – SHAREHOLDERS
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FULL NAMES / COMPANY NAME |
TITLE |
%PART. |
SINCE |
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SCHNABEL, DIETER |
C.E.O. |
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BOBADILLA GARCIA, RODOLFO |
Commercial Director |
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DIAZ SANCHEZ, ENRIQUE |
Financial Manager |
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GARCIA LOZANO, RODRIGO |
Technology Development Mg |
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GONZALEZ |
General Accountant |
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HELM AG |
Parent Co. |
Maj.Shareh |
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WHO IS WHO?
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SCHNABEL, DIETER |
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NATIONALITY |
German |
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BOBADILLA
GARCIA, RODOLFO |
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NATIONALITY |
Mexican |
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PROFESSION |
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DIAZ SANCHEZ,
ENRIQUE |
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NATIONALITY |
Mexican |
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PROFESSION |
Graduate university |
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GARCIA LOZANO,
RODRIGO |
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NATIONALITY |
Mexican |
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PROFESSION |
Graduate university |
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GONZALEZ |
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NATIONALITY |
Mexican |
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PROFESSION |
C.P.A. |
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HELM AG |
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BUSINESS
BACKGROUND It is an international organization
dedicated to the marketing of chemicals and focused on national and
international distribution of raw materials for the pharmaceutical, food,
animal feed, industrial chemicals and agrochemicals. It was founded in 1900 in Its corporate headquarters are located in
Nordkanalstrasse 28, 20097 In 2011 recorded a turnover of 7,957
million euros and in 2011 recorded a turnover of 9,503 million euros. |
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BUSINESS HISTORY
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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 61 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 feed, industrial chemicals and agrochemicals,
apart from establishing head offices in the City of Mexico. Later, they
opened branches in strategic places of the country. RELATED COMPANIES The subject is a subsidiary of "Helm
AG" company with parent company located in The company "Helm AG" is a
traditional family-owned company backed by over 110 years of existence in the
market. "Helm AG" is a multinational
distribution company that specializes in: . Organic and Inorganic Chemicals . Polyurethane and Plastic Chemicals . Human and Animal Nutrition . Fertilizers and Agrochemicals . Active Ingredients in the pharmaceutical
industry and medicated products . Acids and Bases and Specialty Chemicals As an added value in their marketing efforts,
offer a wide range of services to its business partners. Currently, "Helm AG" is one of
the companies in the field of chemistry with greater independence in the
market because it has branches and sales offices in over 30 countries. Thus,
the local knowledge of each business guarantees access to premium markets
worldwide. The other subsidiaries of "Helm
AG" are as follows: -Helm Andina Ltda. ( -Helm do Brasil Mercantil Ltda. ( -Helm -Methanol Holdings (Trinidad) Ltd. ( -Helm Fertilizer Corporation (United
States) -Southern Chemical Corporation ( -Helm Fertilizer Helena Terminal,
Inc.(United States) -Helm New York, Inc.(United States) -Helm Italia S.R.L. ( -Helm Ibérica S.A. ( -Helm -Helm Great Britain Ltd. ( -Helm Hong Kong Ltd. ( -Helm Japan Ltd. ( |
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RELATED COMPANIES TO SUBJECT COMPANY OR TO MAJORITY SHAREHOLDER
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COMPANY NAME |
COUNTRY |
RELATION % |
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HELM AG |
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Parent Co. |
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HELM ANDINA LTDA. |
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Group Company |
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HELM |
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Group Company |
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HELM DO BRASIL MERCANTIL LTDA. |
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Group Company |
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HELM FERTILIZER CORPORATION |
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Group Company |
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HELM FERTILIZER HELENA TERMINAL INC. |
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Group Company |
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HELM |
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Group Company |
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HELM GREAT BRITAIN LTD |
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Group Company |
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HELM HONG KONG LTD. |
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Group Company |
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HELM IBERICA S.A. |
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Group Company |
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HELM ITALIA S.R.L. |
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Group Company |
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HELM JAPAN LTD. |
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Group Company |
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HELM NEW YORK, INC. |
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Group Company |
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SOUTHERN CHEMICAL CORPORATION |
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Group Company |
BUSINESS
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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 to laboratories
in 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 Feed Division. More than 60
products, as additives 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. Helm invests in intellectual property and has extensive
experience in and formulation development to offer its customers the latest
generation agrochemicals with the highest quality. Trademark: HELM |
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Import |
Yes |
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Country |
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Export |
No |
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% CASH SALES / METHOD |
10% |
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% Credit SALES / Terms |
90% terms: 30 days |
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% DOMESTIC PURCHASES |
50% |
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% FOREIGN PURCHASES |
50% |
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SELLING TerritorY |
Mexican market - 100% |
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EMPLOYEES |
219 |
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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. CLIENTS: The company serves the organic
and inorganic chemistry industry, fertilizers, agrochemicals,
pharmaceuticals, human nutrition and animal feeds. |
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FINANCIAL INFORMATION
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Interviewee(s) |
External sources |
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Disposition |
Refused to give information for security
reasons |
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Information provided |
Report was made with information obtained from
reliable external sources given our request for information was declined by
the Company representatives on grounds of confidentiality. We could only learn the company is making
US$190 million dollars in sales per year on average. |
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SALES |
US$ 0.00 () |
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FINANCIAL SITUATION |
NN: 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 financial statements were available to
determine the real financial situation of this Company, but trade references
are good. No adverse have been
reported against its reputation. |
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Property of company comments |
Main assets of the Company include: - Transport and logistic network for the
eight distribution centers - Quality control laboratory equipment - Pilot plants equipped with high
technology for problem solving and the development and optimization of
specific processes that can be implemented in the customers premises. - 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. |
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Insurance Comments |
No information was available regarding
insurance policies. |
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TRADE
REFERENCES, CREDIT BUREAU, LAWSUITS, BANKS
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TRADE REFERENCES |
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Note : Other
suppliers did not provide information or could not be consulted |
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BANKERS Banking is with: Banco Nacional de México S.A. Banco Santander (México) Scotiabank Inverlat S.A. BBVA Bancomer 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.53.58 |
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1 |
Rs.86.60 |
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Euro |
1 |
Rs.68.94 |
INFORMATION DETAILS
|
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.