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Report No. : |
354499 |
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Report Date : |
12.12.2015 |
IDENTIFICATION DETAILS
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Name : |
RIVACOLOR SA DE CV |
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Registered Office : |
Manuel Acuña No. 6 Col. Jacarandas.
Iztapalapa D.F. c.p. 09280 México |
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Country : |
Mexico |
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Date of Incorporation : |
1984 |
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Legal Form : |
Sociedad Anónima De Capital Variable |
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Line of Business : |
The company provides raw material for the
food, pharmaceutical and cosmetics. |
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No. of Employees : |
9 |
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 : |
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 |
STATUTORY
INFORMATION
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Legal Name: |
RIVACOLOR SA DE CV |
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Trade Name: |
RIVACOLOR |
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RFC: |
RIV840312LPA |
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Date Created: |
1984 |
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Date Incorporated: |
06/06/1905 |
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Legal Address: |
Manuel Acuña No. 6 Col. Jacarandas. Iztapalapa D.F. c.p. 09280 México |
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Operative Address: |
Manuel Acuña No. 6 Col. Jacarandas. Iztapalapa D.F. c.p. 09280 México |
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Telephone: |
55 5691 7794 |
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Fax: |
55 5642 4682 |
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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: |
Marcelino Anastasio Rivas Reyes, Principal |
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Staff: |
9 |
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Activity: |
Chemical Wholesalers Industry |
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BANKS |
BANAMEX |
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The company does not disclose its banking details |
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History: |
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The company was established in 1984 by Marcelino Anastasio Rivas
Reyes. |
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PRINCIPAL
ACTIVITY
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The company provides raw material for the food, pharmaceutical and
cosmetics in Mexico |
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Products/Services description: |
Additives and Ingredients |
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Brands: |
RIVACOLOR |
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Sales are: |
Wholesale |
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Clients: |
food, pharmaceutical and cosmetics industries |
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Suppliers: |
DYNEMIC PRODUCTS LTD. |
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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 |
9 employees |
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Payments: |
No Complaints |
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LOCATION
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Headquarters : |
Manuel Acuña No. 6 Col. Jacarandas. Iztapalapa D.F. c.p. 09280 México |
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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. Major holders are: |
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Management: |
Marcelino Anastasio Rivas Reyes, Principal |
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FINANCIAL
INFORMATION
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This is a private company which does not make its financial public. |
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There are no financial records connected to the subject |
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LEGAL FILINGS
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There are no legal records for the subject |
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Rivacolor SA de CV currently has ISO-9001: 2008 |
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SUMMARY
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The company provides raw material for the food, pharmaceutical and
cosmetics in Mexico. The company was established in 1984 by Marcelino Anastasio Rivas
Reyes. It has a small sized structure and 31 years of experience in the
market, mainly importing from India and operating nationally. There are no negative records. |
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RISK
INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
No Complaints |
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CASH FLOW |
Normal |
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STATUS |
This Corporation is in Good Standing |
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INTERVIEW |
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NAME |
NA |
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POSITION |
Secretary |
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COMMENTS |
She confirmed address and manager. She transferred our call to the
manager but we received no response. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.79 |
|
|
1 |
Rs.101.10 |
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Euro |
1 |
Rs.73.10 |
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MXN |
1 |
Rs.3.86 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
KAS |
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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.