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Report No. : |
319558 |
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Report Date : |
07.05.2015 |
IDENTIFICATION DETAILS
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Name : |
INDUSTRIAL DE VÁLVULAS S.A. DE C.V. |
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Registered Office : |
Avenida de la Industria, Lote 16 Fracc. Industrial El
Trébol |
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Country : |
Mexico |
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Date of Incorporation : |
1992 |
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Legal Form : |
Sociedad Anónima de Capital Variable |
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Line of Business : |
Metal Valve & Pipe Fitting Manufacturing Industry |
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No of Employees : |
120 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Mexico |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderate Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderate High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
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 2013, two-way merchandise trade reached nearly $507 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 education, energy, financial, fiscal and telecommunications reform legislation, among others, with the 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 will continue to remain modest and below expectations. Over the medium-term, the economy is vulnerable to global economic pressures, such as rising interest rates and low oil prices—which account for about 30 percent of government revenue.
|
Source
: CIA |
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Order: |
WALWORTH INDUSTRIAL DE VALVULAS S.A. DE C.V. INDUS |
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Address in the order: |
LOTE 16, FRACCIONAMIENTO INDUSTRIAL EL
TREBOI DE TEPOIZOTLAN ESTADO DE MEX ICO |
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Legal Name: |
Industrial de Válvulas S.A. de C.V.
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Trade Name: |
Walworth |
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RFC: |
WVA921224M89 |
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Date Created: |
1842 |
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Date Incorporated: |
1992 |
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Legal Address: |
Avenida de la Industria, Lote 16 Fracc.
Industrial El Trébol |
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Operative Address: |
Avenida de la Industria, Lote 16 Fracc.
Industrial El Trébol |
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Telephone: |
52 55 5899 1700 |
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Fax: |
52 55 5876 0156 |
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Legal Form: |
Sociedad Anónima de Capital Variable |
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Email: |
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Registered in: |
Mexico |
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Website: |
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Contact: |
José Antonio Usobiaga Silva, Director |
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Staff: |
120 |
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Activity: |
Metal Valve & Pipe Fitting Manufacturing Industry |
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BANK DATA |
BANAMEX |
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The company does not make its banking data public |
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HISTORY |
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Founded in 1842 by James Walworth and since then manufacturer of valves
and equipment for the oil industry, mining, power generation, nuclear, etc. |
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PRINCIPAL ACTIVITY |
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The company specializes in industrial valve manufacture for fluid control
made in a wide variety of materials such as carbon and alloyed steels,
austenitic and duplex stainless steels, nickel alloys, ductile iron, and
bronze, just to mention a few, which are available as Gate, Globe, Check,
Ball, Pressure Seal, AWWA Butterfly and Plug Valves. industry. |
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Products/Services description: |
MATERIALS |
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Brands: |
WALWORTH® |
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Sales are: |
Wholesale |
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Clients: |
CASA DE LA VALVULA S.A. |
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Suppliers: |
FERRETERIA REINA S A |
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Operations area: |
National and International |
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The company imports from |
Colombia |
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The company exports to |
Colombia, Peru |
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The subject employs |
120 employees |
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Payments: |
Regular |
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Headquarters : |
Avenida de la Industria, Lote 16 Fracc.
Industrial El Trébol |
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Branches: |
The company does not have branches |
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Industry: |
Companies in this industry manufacture metal industrial and fluid power
valves, hose fittings, and pipe fittings.
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders %: |
|
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Management: |
José Antonio Usobiaga Silva, Director |
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Related Companies: |
The company has offices in China and USA |
The company is private and does not publish its financial figures. The following information is estimated and was provided by private sources:
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2013 |
|
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Revenue |
6 630 000 |
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Cash |
Good |
There are no legal connected to the company
Walworth Valves, S.A. de C.V. is a private company founded in 1942. With 120 employees and $ 6,63M in annual revenue, the company is much bigger and generates more income than the average of manufacturers of accessories for valves and pipes.
The company has worldwide commercial partners and has created a well known brand within the market.
There are no negative.
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DEBTS |
Controlled |
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PAYMENTS |
Regular |
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CASH FLOW |
Normal |
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STATUS |
Active |
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NAME |
NA |
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POSITION |
Sales |
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COMMENTS |
The person contacted confirmed address and activity. She refused to
provide more data on the subject. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 63.51 |
|
|
1 |
Rs. 95.95 |
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Euro |
1 |
Rs. 70.53 |
INFORMATION DETAILS
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Analysis Done by
: |
SUB |
|
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Report Prepared
by : |
DPT |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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>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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.