MIRA INFORM REPORT

 

 

Report No. :

306834

Report Date :

11.02.2015

 

IDENTIFICATION DETAILS

 

Name :

IMPORTADORA REMON S.A.DE.C.V

 

 

Registered Office :

Calle Parque De Granada, Num.71, Interior 302, Col.Balcones De La Herradura, Municipio Huixquilucan Estado De Mexico, C.P.52785

 

 

Country :

Mexico

 

 

Date of Incorporation :

2007

 

 

Legal Form :

Sociedad Anónima de Capital Variable

 

 

Line of Business :

Wholesaler of Clothes

 

 

No. of Employee :

3

 

 

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:

IMPORTADORA REMON S.A.DE.C.V

Trade Name:

IMPORTADORA REMON 

RFC:

NA

Date Created:

2007

Date Incorporated:

NA

Legal Address:

CALLE PARQUE DE GRANADA, NUM.71, INTERIOR 302, COL.BALCONES DE LA HERRADURA, MUNICIPIO HUIXQUILUCAN ESTADO DE MEXICO, C.P.52785,MEXICO

Operative Address:

CALLE PARQUE DE GRANADA, NUM.71, INTERIOR 302, COL.BALCONES DE LA HERRADURA, MUNICIPIO HUIXQUILUCAN ESTADO DE MEXICO, C.P.52785,MEXICO

Telephone:

15552452790

Fax:

NA

Legal Form:

Sociedad Anónima de Capital Variable

Email:

iremon2010@hotmail.com

Registered in:

Mexico

Website:

No website

Contact:

NA

Staff:

3

Activity:

Clothes Wholesale

 

 

BANKS

BANAMEX

 

 

 

The company does not make its banking data public

 

 

HISTORY

 

 

The company would have started operations in 2007.

PRINCIPAL ACTIVITY

The company is dedicated to the wholesale of  clothing, jewelry and accessories.

Products/Services description:

Clothes, Jewels, Accesories

Brands:

NA 

Sales are:

Wholesale

Clients:

Clothes Stores

Suppliers:

SUKI GARMENTS
1, SHENBAGA NAGAR MAIN ROAD, PITCHAMPALAYAN, TIRUPUR=641 603 TAMILNADU, INDIA

Operations area:

National

The company imports from

India

The company exports to

No exports

The subject employs

3 employees

Payments:

Prepaid

 

 

LOCATION

 

Headquarters :

CALLE PARQUE DE GRANADA, NUM.71, INTERIOR 302, COL.BALCONES DE LA HERRADURA, MUNICIPIO HUIXQUILUCAN ESTADO DE MEXICO, C.P.52785,MEXICO

Branches:

The company does not have branches

Industry:

 

 

 

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

Listed at the stock exchange:

NO 

Capital:

NA

Shareholders %:

NA

Management:

NA

Related Companies:

No subsidiary companies

 

 

 

FINANCIAL INFORMATION

 

 

 

This is a private company which does not make its financial statements public. We could not confirm financial figures for the subject.

 

 

USD Imports

401.905

 

 

 

LEGAL FILINGS

 

 

197 Amparo Principal 1277/2012 IMPORTADORA REMON S.A. DE C.V. JEFE DEL SERVICIO DE ADMINISTRACION TRIBUTARIA 10/16/2012 SE ADMITE LA DEMANDA DE AMPARO.- REGÍSTRESE CON EL NÚMERO 1277/2012.- PÍDASE INFORME JUSTIFICADO A LAS AUTORIDADES RESPONSABLES.- SE FIJAN LAS DIEZ HORAS CON VEINTE MINUTOS DEL DÍA VEINTINUEVE DE NOVIEMBRE DEL AÑO EN CURSO PARA QUE TENGA VERIFICATIVO LA AUDIENCIA CONSTITUCIONAL.- DÉSE A LA AGENTE DEL MINISTERIO PÚBLICO DE LA FEDERACIÓN LA INTERVENCIÓN QUE LEGALMENTE LE CORRESPONDE.- TÉNGASE COMO DOMICILIO PARA OÍR Y RECIBIR NOTIFICACIONES EL QUE SEÑALA Y POR AUTORIZADAS A LAS PERSONAS QUE INDICA.- NOT.

200 Amparo Incidental 1277/2012 IMPORTADORA REMON S.A. DE C.V. JEFE DEL SERVICIO DE ADMINISTRACION TRIBUTARIA 10/16/2012 FÓRMESE EL INCIDENTE DE SUSPENSIÓN.- SE FIJAN LAS DIEZ HORAS DEL DÍA VEINTITRES DE OCTUBRE DEL AÑO EN CURSO PARA QUE TENGA VERIFICATIVO LA AUDIENCIA INCIDENTAL.- SE NIEGA LA SUSPENSION PROVISIONAL SOLICITADA.- NOT.-

 

 

SUMMARY

 

 

The company is dedicated to the import and wholesale of clothes, jewels and accesories.

The company has a very low commercial profile without website and is ot listed in the yellow pages, nor either listed in the SIEM (Registry of Commerce).

It mainly imports from India, and we found high amounts of imports; however, we could not confirm financial figures.

 

Further, we have found various legal issues connected to the subject.

We suggest working with guarantees.

 

RISK INFORMATION

 

 

 

DEBTS

Unkwnown

PAYMENTS

Unkwnown

CASH FLOW

Unkwnown

STATUS

Active

 

 

ENTERVIEW

 

NAME

NA

POSITION

NA

COMMENTS

We called the telehone number several times but received no response.

 


 

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 :

DIV

 

 

Report Prepared by :

ANK

 


 

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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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.