MIRA INFORM REPORT

 

 

Report No. :

333118

Report Date :

23.07.2015

 

IDENTIFICATION DETAILS

 

Name :

VIMA PHARMA S A DE CV

 

 

Registered Office :

Av Rio Lerma No 32 Industrial Tlaxcoplan, Tlaxcoplantla de Baz CP 54030

 

 

Country :

Mexico

 

 

Year of Establishment :

2009

 

 

Legal Form :

Sociedad Anónima de Capital Variable

 

 

Line of Business :

Subject is dedicated to the import, marketing and distribution of raw materials for the pharmaceutical industry.

 

 

No. of Employees :

4

 

 

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 – 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

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 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:

Vima Pharma S A De CV

Address in the order:

Av Rio Lerma No 32 Industrial Tlaxcoplan, Tlaxcoplantla de Baz CP 54030, Mexico

Legal Name:

VIMA PHARMA SA DE CV

Trade Name:

VIMA PHARMA 

RFC:

VPH090219R69

Date Created:

2009

Date Incorporated:

2009 

Legal Address:

Río Lerma No 32

Tlalnepantla de Baz, Estado de México 05430

México

Operative Address:

Río Lerma No 32

Tlalnepantla de Baz, Estado de México 05430

México

Telephone:

52 (55) 56114565

Fax:

52 (55) 53842193

Legal Form:

Sociedad Anónima de Capital Variable

Email:

calidad1@vima.com.mx

Registered in:

Mexico

Website:

www.gylsa.com.mx

Contact:

Marco Tulio Morales, Director

Staff:

4

Activity:

Pharmaceutical Industry

BANK DATA

BANAMEX

 

 

 

The company does not disclose its banking information

 

 

HISTORY

 

 

The company was established in 2009

 

 

PRINCIPAL ACTIVITY

The company is dedicated to the import, marketing and distribution of raw materials for the pharmaceutical industry.

Products/Services description:

Excipients, active pharmaceutical ingredients

Brands:

VIMA PHARMA INNOVACIÓN Y TECNOLOGÍA EN INGREDIENTES FARMACÉUTICOS

Sales:

Wholesale

Clients:

 

Suppliers:

INDUKERN CHEMIE AG

Switzerland

BIOCARE IMPEX

India

Operations area:

National

The company imports from

India, Switzerland

The company exports to

No exports

The subject employs

4 employees

Payments:

Unknown

 

 

LOCATION

 

Headquarters :

Río Lerma No 32

Tlalnepantla de Baz, Estado de México 05430

México

Branches:

The company does not have branches

 

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

 

Listed at the stock exchange:

NO  

Capital:

NA

Shareholders %:

This is a private company. It would be a subsidiary of:

GRUPO GYLSA, SA DE CV
Cerrada 3era de Minas 501,
Nicanor Arbide,
01280 Álvaro Obregón, D.F.,
México

Management:

Marco Tulio Morales, Director
Gabriela López González
Tatiana Buendía

Related Companies:

No subsidiary companies

 

 

FINANCIAL INFORMATION

 

 

The company does not make its financial statements public.

 

 

 

There are no financial connected to the subject

 

 

LEGAL FILINGS

 

 

There are no legal connected to the subject

 

 

 

 

 

SUMMARY

 

 

The company is dedicated to the import, marketing and distribution of raw materials for the pharmaceutical industry.

 

It has a small sized structure and 6 years of experience in the market.

 

The company is controlled and operates at the same address than its parent company Grupo Gylsa SA de CV.

 

The company does not show any negative records, however; it has a low commercial profile.

 

 

RISK INFORMATION

 

DEBTS

Controlled

PAYMENTS

Unknown

CASH FLOW

Normal

STATUS

Active

 

INTERVIEW

 

NAME

 Tatiana

POSITION

 Administrative

COMMENTS

 She  confirmed RFC, address, parent company. She refused to provide more information without knowing the inquiring party.

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.53

UK Pound

1

Rs.99.19

Euro

1

Rs.69.60

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

TRU

 

               

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.