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Report No. : |
331336 |
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Report Date : |
15.07.2015 |
IDENTIFICATION DETAILS
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Name : |
COMERCIALIZADORA INTERNATIONAL DEL VESTIR SA |
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Registered Office : |
Calle República de Uruguay 102, 06010 Distrito Federal, Distrito Federal |
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Country : |
Mexico |
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Date of Incorporation : |
2004 |
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Legal Form : |
Sociedad Anónima de Capital Variable |
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Line of Business : |
Wholesale of Clothes. |
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No. of Employees : |
3 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Mexico |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
MEXICO - ECONOMIC OVERVIEW
Mexico's $1.3 trillion economy has become increasingly oriented
toward manufacturing in the 21 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 2014, two-way trade in goods and services exceeded $550 billion.
Mexico has free trade agreements with 46 countries, 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 two years in office,
passing and implementing sweeping education, energy, financial, fiscal and
telecommunications reform legislation, among others, with the long-term aim to
improve competitiveness and economic growth across the Mexican economy.
Although the economy is expected to experience stronger growth in 2015 as a
result of increased investment and stronger demand for Mexican exports, growth
is predicted to remain below potential for reasons of inefficiencies, with a
large portion of the economy and workforce in the informal sector, and
corruption. Over the medium-term, the economy is vulnerable to global economic
pressures, such as lower external demand, rising interest rates, and low oil
prices - approximately 30% of government revenue comes from the state-owned oil
company, PEMEX. The increasing integration of supply chains, development of the
energy sector, and government-to-government focus on trade facilitation will
continue to make the North American region increasingly competitive and
contribute to Mexican economic development and strength.
|
Source
: CIA |
STATUTORY
INFORMATION
|
|
|
Order: |
COMERCIALIZADORA INTERNATIONAL DEL VESTIR SA |
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Address in the order: |
REPUBLICA DE URGUAY NO. 102 PISO 1 COL. CENTRO DEL |
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Legal Name: |
COMERCIALIZADORA INTERNACIONAL DEL VESTIR C.A. DE C.V. |
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Trade Name: |
ALMACENES GARCÍA (not confirmed) |
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RFC: |
CIV0204123C3 |
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Date Created: |
2004 |
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Date Incorporated: |
NA |
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Legal Address: |
Calle República de Uruguay 102 |
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Operative Address: |
Calle República de Uruguay 102 |
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Telephone: |
55 5130 3230 |
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Fax: |
55 5130 3230 |
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Legal Form: |
Sociedad Anónima de Capital Variable |
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Email: |
NA |
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Registered in: |
Mexico |
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Website: |
No website |
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Contact: |
Alfredo Calash Romano, Director |
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Staff: |
3 |
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Activity: |
Wholesale of clothes |
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|
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BANK DATA |
BANAMEX |
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The company does not make its banking data public |
HISTORY
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The company would have started business in 2004 |
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PRINCIPAL ACTIVITY |
Haberdashery (Manufacture, Wholesale) The company is located at the same address
of Almacenes García’s branch. It would be held by this company. |
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Products/Services description: |
Cloth, Textile Items |
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Brands: |
Almacenes García (this information could not be confirmed) |
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Clients: |
General Clientele |
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Suppliers: |
INDUSTRIAS CANNON DE COLOMBIA S.A. |
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Operations area: |
National |
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The company imports from |
Bangladesh, UK, Pakistan, Colombia |
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The company exports to |
No exports |
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The subject employs |
3 |
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Payments: |
Unknown |
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LOCATION
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Headquarters : |
Calle República de Uruguay 102 |
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Branches: |
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GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders %: |
The company would be owned by Comercializadora Almacenes García de
México, S.A. de C.V. However, we could not confirm this data. |
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Management: |
Alfredo Calash Romano, Director |
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FINANCIAL
INFORMATION
|
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The company does not make its financial statements public. |
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There are no financial for the subject |
LEGAL
FILINGS
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There are no legal connected to the subject |
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SUMMARY
|
|
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The company is dedicated to the import and sale of clothes and
accesories. It is located at the same address of Almacenes García’s branch. It would be held by this company. However, we could not confirm
this information since we received no answer. The company has quite low commercial profile. It is mainly dedicated
to import trade. There are no negative records for teh subject. |
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RISK
INFORMATION
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DEBTS |
Regular |
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PAYMENTS |
Unknown |
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CASH FLOW |
Normal |
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STATUS |
Active |
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INTERVIEW |
|
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NAME |
NA |
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POSITION |
NA |
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COMMENTS |
We tried to contact the company several times without receiving an answer.
We also tried to contact related company’s branches and headquarter, but we
received no response. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.50 |
|
|
1 |
Rs.98.20 |
|
Euro |
1 |
Rs.69.73 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
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|
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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 |
|
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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 |
|
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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 |
|
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
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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 |
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|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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|
-- |
NB |
New Business |
-- |
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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.