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Report Date : |
02.08.2013 |
IDENTIFICATION DETAILS
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Name : |
CLOW STATUS S.A. DE C.V. |
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Registered Office : |
Rio Mississippi No. 52, Piso 3, Oficina No. 106, Col. Cuauhtémoc,
Deleg. Cuauhtémoc 06500 |
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Country : |
Mexico |
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Date of Incorporation : |
24.04.2012 |
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Legal Form : |
Stock Company of Variable Capital |
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Line of Business : |
The subject is selling all types of goods but especially fabrics. |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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---- |
NB |
New Business |
---- |
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Status : |
New Business |
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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, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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 |
MEXICO - ECONOMIC OVERVIEW
Mexico has a free market economy in the trillion dollar
class. It contains a mixture of modern and outmoded industry and agriculture,
increasingly dominated by the private sector. Recent administrations have
expanded competition in seaports, railroads, telecommunications, electricity
generation, natural gas distribution, and airports. Per capita income is
roughly one-third that of the US; income distribution remains highly unequal.
Since the implementation of the North American Free Trade Agreement (NAFTA) in
1994, Mexico's share of US imports has increased from 7% to 12%, and its share
of Canadian imports has doubled to 5.5%. Mexico has free trade agreements with
over 50 countries including Guatemala, Honduras, El Salvador, the European Free
Trade Area, and Japan - putting more than 90% of trade under free trade
agreements. In 2012 Mexico formally joined the Trans-Pacific Partnership
negotiations and in July it formed the Pacific Alliance with Peru, Colombia and
Chile. In 2007, during its first year in office, the Felipe CALDERON
administration was able to garner support from the opposition to successfully
pass pension and fiscal reforms. The administration passed an energy reform
measure in 2008 and another fiscal reform in 2009. Mexico's GDP plunged 6.2% in
2009 as world demand for exports dropped, asset prices tumbled, and remittances
and investment declined. GDP posted positive growth of 5.6% in 2010 with
exports - particularly to the United States - leading the way. Growth slowed to
3.9% in 2011 and slightly recovered to 4% in 2012. In November 2012, Mexico's
legislature passed a comprehensive labor reform which was signed into law by
former President Felipe CALDERON. Mexico's new PRI government, led by President
Enrique PENA NIETO, has said it will prioritize structural economic reforms and
competitiveness. The new president signed the Pact for Mexico, an agreement that
lists 95 priority commitments, along with the leaders of the country's three
main political parties: the Institutional Revolutionary Party (PRI), the
National Action Party (PAN) and the Party of the Democratic Revolution (PRD).
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Source
: CIA |
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CORRECT COMPANY NAME |
CLOW STATUS S.A. DE C.V. |
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TRADE NAME |
CLOW STATUS |
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TAXPAYER REGISTRATION |
RFC GST120424K23 |
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MAIN ADDRESS |
Rio Mississippi No. 52, Piso 3, Oficina No. 106, Col. Cuauhtémoc,
Deleg. Cuauhtémoc |
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POSTAL CODE |
06500 |
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DEPT/PROV/REGION/STATE |
México DF |
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COUNTRY |
MEXICO |
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TELEPHONE |
(52) |
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CORPORATE E-MAIL |
icuellar@tralicom.com.mx |
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WEB |
None |
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Date of foundation |
2012 |
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permanent employees |
Company has no payroll. |
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Chief Executive |
CUELLAR MORENO, ISRAEL |
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Disposition |
REPORT PREPARED FROM OUTSIDE SOURCES. |
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Payments policy |
Without rating (No payment experience traced) |
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Credit (**) |
UNDETERMINED RISK.(Insufficient or Non existent information). |
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Number of times that this company was required: 2 |
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LEGAL STATUS |
Stock Company of Variable Capital |
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DATE OF INCORPORATION |
24APR2012 |
STARTING DATE |
2012 |
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PLACE OF REGISTRY |
México, D.F. |
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NOTARY OFFICE |
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DURATION |
99 years |
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CURRENT EXCHANGE RATE (US$) |
Ps$.12.82 x 1 USD |
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CUELLAR MORENO, ISRAEL |
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TITLE |
Legal Representative |
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NATIONALITY |
Mexican |
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PROFESSION |
Public Accountant |
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BACKGROUND INFORMATION |
He serves as CEO of Silamedic Comercializador S.A. de C.V. and General Administrator of Tralicom S.C. |
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Clow Status S.A. de C.V., is a 100% Mexican company which was founded
in April 24, 2012 in Mexico City, DF and since its foundation has not changed
in its structure. The Subject is related to: -Tralicom S.C. -Silamedic Comercializadora S.A. de C.V. (E-mail:
icuellar@silamedic.com). |
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COMPANY NAME |
COUNTRY |
RELATION % |
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SILAMEDIC COMERCIALIZADORA S.A. DE C.V. |
MEXICO |
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Related |
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TRALICOM S.C. |
MEXICO |
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Related |
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SIC
Classification |
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Main activity |
The company is selling all types of goods but especially fabrics. |
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OPERATIONS |
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Import |
Yes |
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Country |
China, through cash payment. |
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% CASH SALES / METHOD |
50% |
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% Credit SALES / Terms |
50% (Terms: 30 days) |
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% FOREIGN PURCHASES |
100% |
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SELLING TerritorY |
100% Domestic market |
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EMPLOYEES |
Company has no payroll. |
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Comments |
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CLIENTS: Declined to provide customer names. |
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Disposition |
TF: REPORT PREPARED FROM OUTSIDE SOURCES. |
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Information provided |
We have tried to contact a company executive but when we have
approached their offices have not found anyone. We did learn that the subject is related to Tralicom S.C. and
Silamedic Comercializadora S.A. de C.V. Clarify that in the offices of Tralicon S. C. in Mexico City would not
provide details about the company, just told the address of Rio Mississippi No. 52, Piso 3, Oficina No.
106, Col. Cuauhtémoc, Delegación Cuauhtémoc, México, D.F., C.P. 06500 is the
tax residence of the subject company. Also found on the Internet that other companies are registered with
that same address , so we think that is a virtual office which is used by
several companies as tax domicile but we have not been able to find out who
rents the office. Therefore all information contained in this report was obtained
through different external sources, because directly refused to provide any
type of business and financial information of the company as it is considered
of internal use and confidential nature. |
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SALES |
US$ 0.00 () |
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FINANCIAL SITUATION |
NN: UNDETERMINED The company's Financial Situation is considered UNDETERMINED, since
there are no financial figures allowing a financial analysis of the results
at present. Insufficient figures prevent from evaluating debt/ shareholders'
equity relation. Unknown operating results. Absence or insufficient credit experience does not show its credit
worthiness. There are few trade references or no trade references at all. In general, information about solvency of the shareholders, operations
management and financial results is very weak. The reluctance in their statements, derived from confidential
policies, makes us lack more sources of evaluation. |
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Insurance Comments |
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No insurance related information could be obtained. |
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(Confidential Information)
TRADE REFERENCES
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Note : Other suppliers did not provide information or could not be
consulted |
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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.60.74 |
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|
1 |
Rs.92.05 |
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Euro |
1 |
Rs.80.60 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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 |
---- |
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.