MIRA INFORM REPORT

Report No. :	306718
Report Date :	11.02.2015

IDENTIFICATION DETAILS

Name :	ATL TRADE LOGISTICS SA DE CV.
Registered Office :	Camino A La Montana No 178 Int 102, La Perla Industrial, Naucalpan Edo. Mexico Cp 53348
Country :	Mexico
Date of Incorporation :	23.06.1905
Legal Form :	Sociedad Anónima de Capital Variable
Line of Business :	Provides International Freight Forwarders and Customs Broker Services.
No. of Employees :	8

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 – December 31, 2014

Country Name	Previous Rating (30.09.2014)	Current Rating (31.12.2014)
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's $1.3 trillion economy has become increasingly oriented toward manufacturing in the 20 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 2013, two-way merchandise trade reached nearly $507 billion. 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 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 year in office, passing education, energy, financial, fiscal and telecommunications reform legislation. The three-party "Pact for Mexico" reform agenda aims to improve competitiveness and economic growth across the Mexican economy.

Source : CIA

STATUTORY INFORMATION
Legal Name:	ATL TRADE LOGISTICS SA DE CV.
Trade Name:	ATL Trade Logistics
RFC:	ATL080130M9A
Date Created:	2001
Date Incorporated:	23/06/1905
Legal Address:	Camino A La Montana No 178 Int 102 La Perla Industrial, Naucalpan Edo. Mexico Cp 53348
Operative Address:	Camino A La Montana No 178 Int 102 La Perla Industrial, Naucalpan Edo. Mexico Cp 53348
Telephone:	52 55 1999 1119
Fax:	52 55 1999 1119
Legal Form:	Sociedad Anónima de Capital Variable
Email:	info@co-atl.com
Registered in:	Mexico
Website:	www.co-atl.com
Contact:	Daniel Gómez Preza
Staff:	8
Activity:	Freight forwarding services
BANKS	BANAMEX
	The company does not make its banking data public
HISTORY
	The company was founded in 2001
PRINCIPAL ACTIVITY	The company provides international freight forwarders and customs broker services.
Products/Services description:	Air Services Sea Service Inland Freigh Load Secured Hazardous (dangerous) cargo Break Bulk Professional Management at Customs Warehouse, Storage and Distribution
Brands:	DIESEL Tires / ATL Just in Time
Sales are:	Retail
Clients:	PROSPECCIN H2O EIRL JAG-UFS (INTERNATIONAL)LTD
Suppliers:	DMS TRANSPORTATION LTD UK
Operations area:	National and International
The company imports from	Worldwide
The company exports to	CHINA, UNITED STATES, FRANCE
The subject employs	8 employees
Payments:	Regular
LOCATION
Headquarters :	CAMINO A LA MONTANA NO 178 INT 102 LA PERLA INDUSTRIAL, NAUCALPAN EDO. MEXICO CP 53348
Warehouse:	Bonded 500 [m2]
Branches:	The company does not have branches
Industry:	Companies in this industry provide freight forwarding and customs brokerage services. Demand is driven by domestic manufacturing output and levels of international trade. The profitability of individual companies depends on efficient operations, extensive relationships in shipper and carrier networks, and industry expertise. Large companies have advantages in account relationships and access to advanced logistics technologies. Small operations can compete effectively by serving a local market, specializing in cargo transfer with specific countries, and facilitating the transport of unusual goods. Unlike fully integrated carriers that own truck, rail, air, or ocean assets and transport cargo, freight forwarders arrange the transportation of goods without owning any transportation equipment or handling ("fingerprinting") the cargo. Customs brokers add another layer of expertise by facilitating the clearing of goods through international customs barriers. Most companies specialize in either freight forwarding or customs brokering, though companies and individuals can provide both.
GROUP STRUCTURE AND SUBSIDIARY COMPANIES
Listed at the stock exchange:	NO
Capital:	NA
Shareholders %:	This is a private company. The owner is Daniel Gómez Preza.
Management:	Daniel Gómez Preza, President Maru Gomez, Accountant Michelle Campillo, Administrative
Related Companies:	AMTAC Member
FINANCIAL INFORMATION
	This is a private company which does not make its financial statements public. The following information was provided by our private sources.
USD 2013
Revenue	900 000
LEGAL FILINGS
	There are no legal connected to the subject
SUMMARY
	The company provides international freight forwarders and customs broker services. It has 13 years of experience in the market with a small sized strcuture. The company is managed by its owner and whos no negative.
RISK INFORMATION
DEBTS	Controlled
PAYMENTS	Regular
CASH FLOW	Normal
STATUS	Active
ENTERVIEW
NAME	Campillo
POSITION	Administrative
COMMENTS	She confirmed address, director, activity, countries of exports.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.61.96
UK Pound	1	Rs.94.41
Euro	1	Rs.70.20

INFORMATION DETAILS

Analysis Done by :	RAS
Report Prepared by :	TPT

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%)

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