MIRA INFORM REPORT

 

 

Report Date :

04.12.2013

 

IDENTIFICATION DETAILS

 

Name :

BLANCOS SAMPEDRO S.A. DE C.V.

 

 

Registered Office :

Alonso Martin No. 44, Fraccionamiento Magallanes, Acapulco, Postal code 39670, Guerrero

 

 

Country :

Mexico

 

 

Date of Incorporation :

14.11.1983

 

 

Legal Form :

Stock Company of Variable Capital

 

 

Line of Business :

 
Subject is engaged in the management of a hotel which is called Hotel Suites Sampedro in Acapulco which offers various services for the convenience of its customers such as:

·         Pool

Sun Deck

Bar Service

Covered Parking

Security 24 hours a day

 

 

No. of Employees :

15

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

TATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown 

 

 

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 30th, 2013

 

Country Name

Previous Rating

(30.06.2013)

Current Rating

(30.09.2013)

Mexico

A2

A2

 

Risk Category

ECGC Classification

 

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

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).

 

Source : CIA

 

 

 

IDENTIFICATION

 

CORRECT COMPANY NAME

BLANCOS SAMPEDRO S.A. DE C.V.

TRADE NAME

HOTEL SUITES SAMPEDRO EN ACAPULCO

TAXPAYER REGISTRATION

RFC BSA831114T37

MAIN ADDRESS

Alonso Martin No. 44, Fraccionamiento Magallanes, Acapulco

POSTAL CODE

39670

DEPT/PROV/REGION/STATE

Guerrero

COUNTRY

MEXICO

TELEPHONE

(52744) 4858020/4859024

CORPORATE E-MAIL

suites.sanpedro@hotmail.com  

WEB

www.suitessampedro.com.mx

COMMENTS

 

 
Other e-mail: sampedro@acabtu.com.

 

 

EXECUTIVE SUMMARY

 

Date of foundation

1983

 

permanent employees

15

 

Chief Executive

SAMPEDRO ROSAS, DIEGO FERNANDO

 

Disposition

Declined. For security reasons and/or competition.

 

Payments policy

Without rating (No payment experience traced)

 

Credit (**)

UNDETERMINED RISK.(Insufficient or Non existent information).

 

Number of times that this company was required: 2

 

 

LEGAL STRUCTURE

 

LEGAL STATUS

Stock Company of Variable Capital

 

 

DATE OF INCORPORATION

14NOV1983

 

 

PLACE OF REGISTRY

Acapulco, Guerrero

 

 

NOTARY OFFICE

 

DURATION

99 years

CURRENT EXCHANGE RATE (US$)

R$2.31 per USD1.00

 

 

 

DIRECTORS

EXECUTIVES – SHAREHOLDERS

 

FULL NAMES / COMPANY NAME

TITLE

%PART.

SINCE

SAMPEDRO ROSAS, DIEGO FERNANDO

General Director

 

 

 

WHO IS WHO?

 

BUSINESS HISTORY

 
Blancos Sampedro S.A. de C.V. is a 100% Mexican company, which was founded on November 14, 1983 Acapulco, Guerrero and since its foundation has not changed its legal structure.

 

 

 

BUSINESS

 

Main activity

 
The company is engaged in the management of a hotel which is called Hotel Suites Sampedro in Acapulco which offers various services for the convenience of its customers such as:
 
- Pool
- Sun Deck
- Bar Service
- Covered Parking
- Security 24 hours a day

OPERATIONS

Import

No

Export

No

% CASH SALES / METHOD

100%

% DOMESTIC PURCHASES

100%

 

 

SELLING TerritorY

Domestic market (100%)

EMPLOYEES

15

 

 

LOCATION

OTHER PREMISES

 
The administrative offices, tax domicile and premises of the hotel operate at the heading address.
The Suites Sampedro in Acapulco are located at Calle Alonso Martin two blocks from the Costera Miguel Alemán, where guests will find craft markets, shops and restaurants, as well as having easy access to the best beaches, hotels and restaurants of the bay.
The rooms are located on the fourth floor of a four-floor building where the other floors are used by its subsidiary company Blancos Sampedro de Acapulco S.A. de C.V.
 
OTHER LOCAL: For reservations from Mexico City, has the following telephone and fax:
Tel: (55) 55840528 / 55640592
Fax: (55) 55740168

Comments

 

 
CLIENTS: General public.
The company adapts to the needs of its customers, as it has room for up to 7 people.

 

 

FINANCIAL INFORMATION

 

Disposition

Declined. For security reasons and/or competition.

Information provided

All information contained in this report was obtained through a compilation of data from different external sources because directly refused to provide any type of business and financial information of the company on grounds of confidentiality.

Messrs. Pedro Ventura Cándido and Nicolás Zenaido Silvestre (hotel managers) declared that by order of his superiors can not provide company data to third parties.

 

 

SALES

US$ 0.00 ()

FINANCIAL SITUATION

NN: UNDETERMINED

We estimate that Subject's financial Situation is INDETERMINATE, since we do not have financial statements that allow an accurate analysis of its results in its last financial year.

Property of company comments

 

The company has:

-21 Suites with air conditioning, fully equipped with kitchenette, refrigerator and color TV.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.62.34

UK Pound

1

Rs.102.06

Euro

1

Rs.84.46

 

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%)

 

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.