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Report No. : |
352544 |
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Report Date : |
07.12.2015 |
IDENTIFICATION DETAILS
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Name : |
AMBIDERM, S.A. C.V. |
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Registered Office : |
Carretera A Bosques De San Isidro N, Fracc. Bosques De San Isidro, Zapopan, 45147 |
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Country : |
Mexico |
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Date of Incorporation : |
1988 |
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Legal Form : |
Sociedad Anónima De Capital Variable |
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Line of Business : |
Manufacturing of Plastics Products. |
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No. of Employees : |
100 |
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 : |
Good |
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Payment Behaviour : |
Regular |
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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.
|
Source
: CIA |
STATUTORY
INFORMATION
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Legal Name: |
AMBIDERM, S.A. C.V. |
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Trade Name: |
Ambiderm |
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RFC: |
AMB890104S63 |
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Date Created: |
1988 |
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Date Incorporated: |
1989 |
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Legal Address: |
Carretera A Bosques De San Isidro N |
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Operative Address: |
Carretera A Bosques De San Isidro N |
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Telephone: |
52-3336338145 |
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Fax: |
52-3336560381 |
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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: |
Enrique Salcedo Padilla, Director |
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Staff: |
100 |
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Activity: |
Pharmaceutical Manufacturing Industry |
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BANKS |
BANAMEX |
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The company does not make its banking data. |
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History: |
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Supertex Industrial was founded in 1988 as a manufacturer of latex
gloves in the city of Zapopan, Jalisco in 1998 subsequently merged with
Ambiderm SA de C.V. to create a single group. |
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PRINCIPAL
ACTIVITY
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The company's line of business includes the manufacturing of plastics
products. |
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Products/Services description: |
Gloves |
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Brands: |
AMBIDERM |
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Sales are: |
Wholesale |
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Clients: |
Ambiderm Centroamerica, S.A. |
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Suppliers: |
ALLIANCE RUBBER PRODUCTS SDN BHD |
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Operations area: |
National and International |
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The company imports from |
Malaysia |
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The company exports to |
Latin America |
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The subject employs |
100 employees |
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Payments: |
Regular |
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LOCATION
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Headquarters : |
Carretera A Bosques De San Isidro N |
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Branches: |
The company does not have branches |
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GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
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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. The owner is Enrique Salcedo Padilla. |
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Management: |
Enrique Salcedo Padilla, Director |
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FINANCIAL
INFORMATION
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This is a private company which does not make its financials public.
The following information has been confirmed by our private sources: |
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USD 2014 |
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Revenue |
30 619 000 |
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Net Income |
7 973 000 |
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Total Equity |
9 082 200 |
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LEGAL FILINGS
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There are no legal connected to the subject |
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AMBIDERM, S.A. DE C.V. Trademarks |
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SUMMARY
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The company's line of business includes the manufacturing of plastics
products. |
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RISK
INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
Regular |
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CASH FLOW |
Normal |
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STATUS |
Active |
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INTERVIEW |
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NAME |
Enrique |
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POSITION |
Administrative |
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COMMENTS |
He confirmed address, staff, managers and activity. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.84 |
|
|
1 |
Rs.101.04 |
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Euro |
1 |
Rs.73.05 |
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MXN |
1 |
Rs.3.99 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
AMR |
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Report Prepared
by : |
TPT |
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.