|
Report No. : |
304048 |
|
Report Date : |
20.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
MOLECULAS FINAS DE MEXICO SA DE CV |
|
|
|
|
Registered Office : |
Filipinas, Esquina Necaxa No.125, Interior 201, Colonia Portales, Deleg. Benito Juárez, DF, |
|
|
|
|
Country : |
Mexico |
|
|
|
|
Date of Incorporation : |
19.06.1991 |
|
|
|
|
Legal Form : |
Sociedad Anónima de Capital Variable |
|
|
|
|
Line of Business : |
Manufacturing and distribution of chemical
products. |
|
|
|
|
No. of Employees : |
70 |
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 |
Company
name and address
|
|
|
Legal
Name: |
MOLECULAS FINAS DE MEXICO SA DE CV |
|
Trade
Name: |
MOLECULAS
FINAS DE MEXICO |
|
RFC: |
MFM
910619 2M5 |
|
Date
Created: |
1991 |
|
Date
Incorporated: |
June
19th, 1991 |
|
Legal
Address: |
Filipinas,
Esquina Necaxa No.125, Interior 201, Colonia Portales, Deleg. Benito Juárez,
DF, Mexico. |
|
Operative
Address: |
Filipinas,
Esquina Necaxa No.125, Interior 201, Colonia Portales, Deleg. Benito Juárez,
DF, Mexico. |
|
Telephone:
|
52
55 2595-1440 |
|
Fax: |
52
55 5539-0106 |
|
Legal
Form: |
Sociedad
Anónima de Capital Variable |
|
Email: |
|
|
Registered
in: |
Mexico |
|
Website:
|
|
|
Manager: |
Filigonio
Fuentes Ramírez |
|
Staff:
|
70 |
|
Activity: |
Chemical
Distribution |
|
|
|
BANKS
|
|
|
|
|
|
Name
of the Bank: |
BBVA
BANCOMER |
|
|
|
|
|
The company does not make its banking data
public. |
|
|
|
HISTORY
|
|
|
|
The company started business in 1991 |
|
|
|
PRINCIPAL
ACTIVITY
|
|
|
|
The company is dedicated to the
manufacturing and distribution of chemical products. |
|
Products/Services
description: |
ABAMECTIN,
ACETYLSALICYLIC ACID (Aspirin) , SODIUM CEFTRIAXONE STERILE, CEFACLOR, CISAPRIDE,
DIMINAZENE DIACETURATE,,ENROFLOXACIN |
|
Brands: |
NA |
|
Sales
are: |
Wholesale |
|
Clients: |
IMPRESIONES
AZTECA |
|
Suppliers:
|
Metha Api Pvt.,
Ltd. |
|
Operations
area: |
National
& International |
|
The
company imports from |
India
|
|
The company does not export |
No
export data available |
|
The
subject employs |
70
employees |
|
Payments:
|
Regular |
|
|
|
LOCATION
|
|
|
Headquarters
: |
Filipinas,
Esquina Necaxa No.125, Interior 201, Colonia Portales, Deleg. Benito Juárez,
DF, Mexico. |
|
Branches:
|
Rivera
No.2606 - Nave #39 col. Parque industrial el Álamo, Guadalajara, Jalisco. |
|
|
|
|
|
|
GROUP STRUCTURE AND SUBSIDIARY COMPANIES
|
|
|
Listed at the stock exchange: |
NO |
|
Capital:
|
NA |
|
Shareholders
%: |
This is a private company. One of the
shareholders is Filigonio Fuentes Ramírez. |
|
Management:
|
Filigonio
Fuentes Ramírez, General director |
|
Subsidiary
Companies: |
There are no subsidiary companies |
|
|
|
FINANCIAL
INFORMATION
|
|
|
|
This is
a provate company which does not make its financials public. The
following information has been provided by our private sources. |
|
USD |
2013 |
|
Sales |
5
800 000 |
|
Net
Income |
23
000 |
|
Cash
Flow |
Normal |
LEGAL
FILINGS
|
|
|
|
There are no legal/crimminal - |
|
|
|
SUMMARY
|
|
|
|
This is a
Mexican company with 23 years of experience in the market. |
|
|
|
RISK
INFORMATION
|
|
|
|
|
|
DEBTS |
Controlled |
|
PAYMENTS |
Regular |
|
CASH
FLOW |
Normal |
|
|
|
|
|
|
ENTERVIEW
|
|
|
NAME |
Ingrind |
|
POSITION |
Accounting
Department |
|
COMMENTS |
She confirmed address, activity, clients
and refused to provide us with more data. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.70 |
|
|
1 |
Rs.93.41 |
|
Euro |
1 |
Rs.71.33 |
INFORMATION DETAILS
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.