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Report No. : |
334959 |
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Report Date : |
05.08.2015 |
IDENTIFICATION DETAILS
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Name : |
IMPULSORA MEXICANA TEXTIL S.A. DE C.V. |
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Registered Office : |
14 Poniente No 513 -A, Colonia Centm Puebla Puebla CP 72000 |
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Country : |
Mexico |
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Date of Incorporation : |
2001 |
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Legal Form : |
Sociedad Anónima de Capital Variable |
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Line of Business : |
Subject is involved in the production and
marketing of yarns for the garment industry |
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No. of Employees : |
60 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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's $1.3 trillion economy has become increasingly oriented toward manufacturing in the 21 years since the North American Free Trade Agreement (NAFTA) entered into force. Per capita income is roughly one-third that of the US; income distribution remains highly unequal. Mexico has become the United States' second-largest export market and third-largest source of imports. In 2014, two-way trade in goods and services exceeded $550 billion. Mexico has free trade agreements with 46 countries, putting more than 90% of trade under free trade agreements. In 2012, Mexico formally joined the Trans-Pacific Partnership negotiations and formed the Pacific Alliance with Peru, Colombia and Chile. Mexico's current government, led by President Enrique PENA NIETO, emphasized economic reforms during its first two years in office, passing and implementing sweeping education, energy, financial, fiscal and telecommunications reform legislation, among others, with the long-term aim to improve competitiveness and economic growth across the Mexican economy. Although the economy is expected to experience stronger growth in 2015 as a result of increased investment and stronger demand for Mexican exports, growth is predicted to remain below potential for reasons of inefficiencies, with a large portion of the economy and workforce in the informal sector, and corruption. Over the medium-term, the economy is vulnerable to global economic pressures, such as lower external demand, rising interest rates, and low oil prices - approximately 30% of government revenue comes from the state-owned oil company, PEMEX. The increasing integration of supply chains, development of the energy sector, and government-to-government focus on trade facilitation will continue to make the North American region increasingly competitive and contribute to Mexican economic development and strength.
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Source
: CIA |
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Order: |
Impulsora Mexicana Textil S.A. De C.V. |
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Address in the order: |
14 Poniente No 513 -A, Colonia Centm Puebla Puebla CP 72000 Mexico |
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Legal Name: |
IMPULSORA MEXICANA TEXTIL S.A. DE C.V. |
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Trade Name: |
Hilos Torzal |
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RFC: |
IMT 010117 AZ9 |
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Date Created: |
2001 |
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Date Incorporated: |
2001 |
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Legal Address: |
14 Poniente 513 A |
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Operative Address: |
14 Poniente 513 A |
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Telephone: |
Col. Centro CP 72000 |
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Fax: |
Puebla, Puebla |
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Legal Form: |
Sociedad Anónima de Capital Variable |
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Email: |
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Registered in: |
Mexico |
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Website: |
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Contact: |
Fernando Maurer Budib |
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Staff: |
60 |
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Activity: |
Textile Industry |
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BANAMEX |
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The company does not make its banking data public |
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The company was established in 2001 |
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The company is involved in the production and marketing of
yarns for the garment industry |
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Products/Services description: |
Cotton yarn, polyester, nylon Embroidery yarns, twine
thread |
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Brands: |
Hilos Torzal |
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Sales |
Wholesale and Retail |
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Clients: |
Garment Industry and general clients |
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Suppliers: |
WELLKNOWN POLYESTERS LTD. India India |
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Operations area: |
National |
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The company imports from |
India |
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The company exports to |
No exports |
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The subject employs |
60 employees |
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Payments: |
No Complaints |
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Headquarters : |
14 Poniente 513 A Col. Centro CP 72000 Puebla, Puebla |
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Branches: |
5 Poniente 101 A Col. Centro CP 75700 Tehuacán, Puebla
esq. 16 de septiembre sur 401 local A Ajalpan, Puebla
C.P. 90800 Santa Ana Chiautempan , Tlaxcala
Barrio San Bartolomé San Pablo del Monte Tlaxcala |
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Related Companies: |
There are no subsidiaries for the subject |
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders %: |
This is a private company. Major holder is Fernando Maurer
Budib |
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Management: |
Fernando Maurer Budib, Administrator |
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The company does not make its financial statements public.
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MXC 2014 |
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Gross Revenue |
20 000 000 |
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This information was provided by the company |
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There are no legal connected to the subject |
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The company is involved in the production and marketing of
yarns for the garment industry With 14 years of experience in the market, the company has
a médium sized structure. It mainly import from India and maintains good payment
behaviour. There are no negative for the subject. |
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DEBTS |
Controlled |
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PAYMENTS |
No Complaints |
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CASH FLOW |
Normal |
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INTERVIEW |
|
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NAME |
Verónica Díaz |
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POSITION |
Administración |
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COMMENTS |
She confirmed address, branches, managers, owner, sales,
clients, payment terms, imports and revenue. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.63.93 |
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UK Pound |
1 |
Rs.99.82 |
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Euro |
1 |
Rs.70.05 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
TRU |
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.