|
Report No. : |
307675 |
|
Report Date : |
18.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
ARCHROMA TEXTILES MEXICO S DE RL DE CV |
|
|
|
|
Registered Office : |
Plásticos No. 28, Santa Clara
Coatitla, Ecatepec, Edo. de México C.P. 55540 |
|
|
|
|
Country : |
Mexico |
|
|
|
|
Date of Incorporation : |
04.04.2013 |
|
|
|
|
Legal Form : |
Sociedad Anonima de
Responsabilidad Limitada de Capital Variable |
|
|
|
|
Line of Business : |
Engaged as producer of dyes and chemicals
for the Textile Industry Subject product ranges includes: ·
Fiber Finish & Sizing ·
Pretreatment & Optical Brightening ·
Dyeing & Printing ·
Finishing |
|
|
|
|
No of Employees : |
125 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
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 |
|
Legal Name: |
ARCHROMA
TEXTILES MEXICO S DE RL DE CV |
|
|
We could link
with the subject the address provided. |
|
Trade Name: |
ARCHROMA
TEXTILES MEXICO |
|
RFC: |
ATM-130404IM9 |
|
Date Created: |
2013 |
|
Date
Incorporated: |
April 4th, 2013 |
|
Legal Address: |
Plásticos No. 28, Santa
Clara Coatitla, Ecatepec, Edo. de México C.P. 55540 |
|
Operative Address: |
Paseo De La Reforma 404 602 Juarez, Cuauhtemoc Distrito Federal 06600,
Mexico |
|
Telephone: |
52-5552295500 |
|
Fax: |
52-5552295500 |
|
Legal Form: |
Sociedad Anonima de
Responsabilidad Limitada de Capital Variable |
|
Email: |
|
|
Registered in: |
Mexico |
|
Website: |
|
|
Contact: |
Barry Bahram Siadat,
President |
|
Staff: |
125 |
|
Activity: |
Dye manufacture industry |
|
BANKS |
BANAMEX |
|
|
The company does not make
its banking details public |
|
HISTORY |
|
|
|
We found that
the company was suspenden on 05/06/2014, because of not filing the last
annual report, for the period 2013. |
|
PRINCIPAL
ACTIVITY |
This is as
leading producer of dyes and chemicals for the textile industry. |
|
Products/Services
description: |
·
Fiber Finish & Sizing ·
Pretreatment & Optical Brightening ·
Dyeing & Printing ·
Finishing |
|
Brands: |
Drimaren® |
|
Sales are: |
wholesale,
retail |
|
Clients: |
Apparel – Includes
clothing of all types and fashions |
|
Suppliers: |
SCHAERER
& SCHLAEPFER AG |
|
Operations
area: |
National and
International |
|
The company
imports from |
Germany |
|
The company
exports to |
Colombia,
Germany |
|
The subject
employs |
125 employees |
|
Payments: |
Unknown |
|
|
|
|
LOCATION |
|
|
Headquarters
: |
Plásticos No. 28, Santa
Clara Coatitla, Ecatepec, Edo. de México C.P. 55540 |
|
Branches: |
No branches
were reported in Mexico |
|
|
|
|
|
|
|
GROUP
STRUCTURE AND SUBSIDIARY COMPANIES |
|
|
Listed at the
stock exchange: |
NO |
|
Shares: |
NA |
|
Capital: |
NA |
|
Shareholders
%: |
This is a private
company. It operates as a subdiary of ARCHROMA MANAGEMENT LLC. |
|
Management: |
Barry Bahram
Siadat, President |
|
Related Companies: |
PAPER
SOLUTIONS |
|
FINANCIAL
INFORMATION |
|
|
|
This is a
private company which does not make its financial statements public. |
|
|
There are no
financial connected to the subject due to its short experience. |
|
LEGAL FILINGS |
|
|
|
There are no
legal found for the subject |
|
SUMMARY |
|
|
|
This is a
leading producer of dyes and chemicals for the textile industry. |
|
RISK
INFORMATION |
|
|
DEBTS |
Unknown |
|
PAYMENTS |
Unknown |
|
CASH FLOW |
Unknown |
|
SUGGESTED
CREDIT LINE |
Guarantees |
|
STATUS |
Active |
|
ENTERVIEW |
|
|
NAME |
NA |
|
POSITION |
NA |
|
COMMENTS |
We called the
company several times but nobody answered. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.20 |
|
UK Pound |
1 |
Rs.95.99 |
|
Euro |
1 |
Rs.71.00 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
MNL |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.