MIRA INFORM REPORT

 

 

Report No. :

309291

Report Date :

28.02.2015

 

IDENTIFICATION DETAILS

 

Name :

GUSTAVO ADOLFO TORRES OLAYA

 

 

Registered Office :

San Gregorio 106 Col San Francisco Juriquilla Santiago De Queretaro Zip Code 76230

 

 

Country :

Mexico

 

 

Date of Incorporation :

1999

 

 

Legal Form :

Solepropiertorship

 

 

Line of Business :

Importation of spare parts for agricultural machinery and construction.

 

 

No. of Employee :

35

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

Payment Behaviour :

No complaints

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 – September 30, 2014

 

Country Name

Previous Rating

(30.06.2014)

Current Rating

(30.09.2014)

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

Order:

GUSTAVO ADOLFO TORRES OLAYA

Address in the order:

SAN GREGORIO 106 COL SAN FRANCISCO JURIQUILLA SANTIAGO DE QUERETARO ZIP CODE 76230 MEXICO

Legal Name:

GUSTAVO ADOLFO TORRES OLAYA

Trade Name:

TRACTO ANDES

RFC:

TOOG731005K34

Date Created:

1999

Date Incorporated:

1999

Legal Address:

SAN GREGORIO 106 COL SAN FRANCISCO JURIQUILLA SANTIAGO DE QUERETARO ZIP CODE 76230 MEXICO

Operative Address:

SAN GREGORIO 106 COL SAN FRANCISCO JURIQUILLA SANTIAGO DE QUERETARO ZIP CODE 76230 MEXICO

Telephone:

52 442 2342021

Fax:

554422342034

Legal Form:

Solepropiertorship

Email:

gustavotorres.director@tractoandes.com

Registered in:

Mexico

Website:

www.tractoandes.com

Contact:

Gustavo Adolfo Torres Ayala

Staff:

35

Activity:

Importation of spare parts for agricultural machinery and construction.

BANKS

BANAMEX

 

The company does not make its banking data public

 

 

HISTORY

 

 

The company started business in 1999.

PRINCIPAL ACTIVITY

GUSTAVO ADOLFO TORRES OLAYA is a company with over 15 years experience in the Mexican market dedicated to the import and distribution of agricultural spare parts and construction. They are currently authorized in Mexico brand CARRARO, a company known worldwide in the manufacture of axles and transmissions of high quality distributors.

Products/Services description:

Spare parts for agricultural machinery and construction.

Brands:

The company mainly works with the brand CARRARO.          
NEW HOLLAND
CASE
JOHN DEERE
CATERPILLAR
VOLVO
MASSEY FERGUSON
KOMATSU
VALTRA
AGCO
CNH
MCCORMICK
JCB

Sales are:

Retail

Clients:

Neira Toro Joaquin Alberto, New holland, Jhon deere, Massey ferguson, Caterpillar, Case, Volvo, Komatsu, Valtra, Cnh, Terex

Suppliers:

Carraro Drivetech Spa

Operations area:

National and International

The company imports from

Italy

The company exports to

Italy

The subject employs

35 employees

Payments:

No Complaints

 

 

 LOCATION

 

Headquarters :

SAN GREGORIO 106 COL SAN FRANCISCO JURIQUILLA SANTIAGO DE QUERETARO ZIP CODE 76230 MEXICO

Branches:

The company has no branches

Industry:

 agricultural machinery and construction

 

  

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

 

Listed at the stock exchange:

NO

Capital:

N/A

Shareholders %:

This is a private solepropiertorship owned by Gustavo Adolfo Torres Ayala.

Management:

Gustavo Adolfo Torres Ayala, Manager

Related Companies:

The company has no subsidiary companies

 

 

FINANCIAL INFORMATION

  

 

This is a private company which does not make its financial statements public.  The following data has been provided by outside sources.

 

 

2013 USD

 

Revenue

2 500 000

Cash Flow

Normal

 

 

LEGAL FILINGS

 

 

 

 

There are no legal connected to the subject

 

 

SUMMARY

GUSTAVO ADOLFO TORRES OLAYA is a company with over 15 years experience in the Mexican market dedicated to the import and distribution of agricultural spare parts and construction.    The company mainly works with the brand CARRARO.          

 

There are no negative. It has no credit lines opened, no national debts.

 

 

RISK INFORMATION

 

 

 

DEBTS

Controlled

PAYMENTS

No Complaints

CASH FLOW

Normal

STATUS

Active

 

 

ENTERVIEW

NAME

NA

POSITION

NA

COMMENTS

The woman contacted confirmed address, legal form, activity, brands, owner.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.79

UK Pound

1

Rs.95.42

Euro

1

Rs.69.29

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

SDA

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

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