MIRA INFORM REPORT

 

 

Report Date :

10.10.2013

 

IDENTIFICATION DETAILS

 

Name :

LOPEZ MENDEZ, MARIA DEL CARMEN

 

 

Registered Office :

Zona V Sección 1 Nave 2 Bodega I-61 Central de Abastos México D.F. / Distrigo Federal

 

 

Country :

Mexico

 

 

Date of Incorporation :

January 2003

 

 

Legal Form :

Physical Person with Business Activity

 

 

Line of Business :

Wholesale and trade-non-durable goods

 

 

No. of Employees :

20

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

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 – March 31st, 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

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

LOPEZ MENDEZ, MARIA DEL CARMEN

TRADE NAME

COMERCIALIZADORA LA BODEGUITA

TAXPAYER REGISTRATION

RFC LOMC790825I24

MAIN ADDRESS

Zona V Sección 1 Nave 2 Bodega I-61 Central de Abastos

POSTAL CODE

09040

DEPT/PROV/REGION/STATE

México D.F. / Distrigo Federal

COUNTRY

MEXICO

TELEPHONE

(5255) 56002720

CORPORATE E-MAIL

pagos@labodeguitai61.com

WEB

www.labodeguitai61.com

COMMENTS

 

Subject's CORRECT CORPORATE NAME is given in the identification section.

 

Your order did not contain any phone number.

 

EXECUTIVE SUMMARY

 

Date of foundation

2003

permanent employees

20

Chief Executive

GUTIERREZ BALDERRABANO, NAYELI

Disposition

Poor. Very few information was given. Politely.

Payments policy

(P3) Delays but within sector norms

Number of times that this company was required: 1

 

 

LEGAL STRUCTURE

 

LEGAL STATUS

Physical Person with Business Activity

 

 

DATE OF INCORPORATION

01/2003

 

 

CURRENT EXCHANGE RATE (US$)

Ps$13.06 per US$1.= Dollar

 

 

 

DIRECTORS - EXECUTIVES - SHAREHOLDERS

FULL NAMES / COMPANY NAME

TITLE

%PART.

SINCE

LOPEZ MENDEZ, MARIA DEL CARMEN

Owner/Manager

 

 

GUTIERREZ BALDERRABANO, NAYELI

General Manager

 

 

 

 

 

BUSINESS

 

SIC Classification
5 1 - WHOLESALE TRADE-NON-DURABLE GOODS. (Papers, Perfumes, drugs, hardware, Groceries, apparel, food, dairy products, beverages.)

Main activity

Subject is engaged in purchase, sale and distribution of dried chillies, grains, seeds, and spices.

 

Products: Dried chillies, soybean, syrup, walnut, almond, rice, cinammon, pistachio, bean, cod, dried shrimp, small fish, powdered brown sugar.

 

Subject does not have any brand; its products are sold in bulk.

 

OPERATIONS

 

Import

No

Export

No

SELLING TerritorY

100% (Domestic market)

EMPLOYEES

20

LOCATION

AREA

200 m2

OTHER PREMISES

Subject's administrative offices, warehouse and outlet are located on the above-mentioned address.

 

Subject does not have any branches.

 

 

FINANCIAL INFORMATION

 

Disposition

C: Poor. Very few information was given. Politely.

Interviewee(s)

Daniel Sarmiento

Position(s)

Responsible for Payable Accounts

Information provided

The interviewed person provided partial commercial information; no figures were provided.

 

At the same time, we consulted public sources, where some supplementary information was obtained.

 

 

SALES

US$ 0.00 ()

FINANCIAL SITUATION

B: FAIR

Although no financial statements are available, it may be said that subject is a small-sized business operating in the market for 10 years. It is in growth stage. Its payments are punctual, but sometimes they are delayed.

Insurance Comments

 

Unknown.

 

 

TRADE REFERENCES, CREDIT BUREAU, LAWSUITS, BANKS

 

(Confidential Information)

TRADE REFERENCES

Supplier: COMERCIAL GARCIA S..A DE C.V.

Tel.: (5255) 56940283

Country: MEXICO

Goods/Services? : Grains and seeds

 

 

Highest credit? : Open

 

 

Client since? : 3 years

Terms? : 30 days

Performance? : Sometimes delayed

Comments : Subject is a good customer, although it pays at 45-day terms.

Supplier: COMERCIAL SAMANO S.A. DE C.V.

Tel.: (5255) 56942121

Country: MEXICO

Goods/Services? : Dried chillies and spices

 

 

Highest credit? : DC 400,000.=

 

 

Client since? : 5 years

Terms? : 30 days

Performance? : Prompt

Comments : Subject pays by transfer.

Supplier: VIVERES ABASCAL S.A. DE C.V.

Tel.: (5255) 56940715

Country: MEXICO

Goods/Services? : Bean

 

 

Highest credit? : DC 300,000.=

 

 

Client since? : 10 years

Terms? : 30 days

Performance? : Prompt

Comments : Subject pays by transfer.

 

 

 

 

CREDIT OPINION

 

Consulted Credit Amount :

CREDIT LIMIT?

 

Suggested Credit :

US$3,000.=

 

Subject is eligible to be granted the above-mentioned credit, but it is recommended to ask for some collateral guarantees.

NOTE : The opinion given is confidential, referential and with out liability.

 

 

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.92

UK Pound

1

Rs.99.45

Euro

1

Rs.83.92

 

 

INFORMATION DETAILS

 

Report Prepared by :

NIS

 

 

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.