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Report No. : |
355382 |
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Report Date : |
17.12.2015 |
IDENTIFICATION DETAILS
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Name : |
GRUPO LAFI,
S.A. DE C.V. |
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Registered Office : |
Isabel La Católica
No 24, Int 401 Ciudad de México, Distrito Federal 06000 |
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Country : |
Mexico |
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Year of Establishment : |
1984 |
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Legal Form : |
Sociedad
Anónima De Capital Variable |
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Line of Business : |
The organization
consists of 4 areas: Factory cashmeres, plants production of suits, business
sales, retail stores division |
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No. of Employee : |
700 |
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
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Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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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: |
GRUPO LAFI, S.A. DE C.V. |
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Trade Name: |
Kurian |
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RFC: |
GLA841203HGA |
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Date Created: |
1984 |
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Date Incorporated: |
1984 |
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Legal Address: |
Isabel La Católica No 24, Int 401 Ciudad de México,
Distrito Federal 06000 México |
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Operative Address: |
Isabel La Católica No 24, Int 401 Ciudad de
México, Distrito Federal 06000 México |
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Telephone: |
55 2122 6340 |
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Fax: |
55 2122 6340 |
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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: |
León Moscona Esquenazi, President |
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Staff: |
700 |
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Activity: |
Apparel Accessories Manufacturing Industry |
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Banks: |
BANAMEX |
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The company does not disclose its banking details |
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History: |
The compay was established in 1984 |
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PRINCIPAL ACTIVITY
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The organization consists of 4 areas: Factory
cashmeres, plants production of suits, business sales, retail stores division
(40). |
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Products/Services description: |
Suits |
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Dress clothes |
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Casual clothes |
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Sporty Clothes |
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Brands: |
KURIAN |
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Sales are: |
Wholesale and Retail |
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Clients: |
Sam Sol,S.A. |
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Guatemala |
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Suppliers: |
Mahajan Silk Mills Pvt. Ltd. |
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India |
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K.E. & KINGSTONE CO., LTD. |
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Taiwan |
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Bsl Ltd |
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India |
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DONEAR INDUSTRIES LTD |
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India |
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Operations area: |
National |
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The company imports from |
India, Taiwan |
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The company exports to |
No exports |
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The subject employs |
700 employees |
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Payments: |
No Complaints |
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LOCATION
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Headquarters : |
Isabel La Católica No 24, Int 401 Ciudad de
México, Distrito Federal 06000 México |
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Branches: |
The company has 40 branches |
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Related Companies: |
No companies related |
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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. We would not confirm
major holders. |
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Management: |
León Moscona Esquenazi, President |
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Rafael Cohen Pupko, Member on
Board |
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Yolanda Mayo Aceves, Member on
Board |
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Víctor Cohen Levy, Director |
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EfréN Monroy Guerrero,
Secretary |
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Héctor Gaytán Oyarzun |
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FINANCIAL INFORMATION
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The company does not make its financial
statements public. |
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USD 2014 |
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REVENUE |
28 101 000 |
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NET INCOME |
9 050 000 |
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TOTAL EQUITY |
34 998 100 |
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CASH FLOW |
Normal |
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LEGAL FILINGS
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There are no legal connected to the subject |
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SUMMARY
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The organization consists of 4 areas: Factory
cashmeres, plants production of suits, business sales, retail stores
division. |
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The company has 40 branches in
the country, it mainly imports from India and Taiwan and operates nationally. |
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It has a large sized structure
with a workforce of 700 employees. |
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According to its last
financial figures, the company has positive profitability with high sales. |
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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 |
Active |
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INTERVIEW |
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NAME |
NA |
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POSITION |
Sales |
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COMMENTS |
The person contacted confirmed address, manager
and branches. She refused to provide more data on the subject. |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.66.85 |
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1 |
Rs.100.58 |
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Euro |
1 |
Rs.73.16 |
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MXN |
1 |
Rs. 3.91 |
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 : |
ASH |
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 |
-- |
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.