MIRA INFORM REPORT

 

 

Report No. :

347726

Report Date :

03.11.2015

 

IDENTIFICATION DETAILS

 

Name :

PROMOTORA DE SEGURIDAD INDUSTRIAL SA DE CV

 

 

Registered Office :

31124, Domingo de Allende 9920, Ignacio Allende, 31124 Chihuahua, Chih

 

 

Country :

Mexico

 

 

Date of Incorporation :

1988

 

 

Legal Form :

Sociedad Anónima de Capital Variable

 

 

Line of Business :

Buying and selling industrial footwear.

 

 

No. of Employee :

15

 

 

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 :

Slow but correct

 

 

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

 

 


 

STATUTORY INFORMATION

 

Order:

Ivan Humberto Santillanes Allande

Comments:

Dear Sirs,

 

The name provided in the order corresponds to the name of the general manager. The name of the company is PROMOTORA DE SEGURIDAD INDUSTRIAL SA DE CV.

Address in the order:

Ave, Tecnologico N 13737 Colpaseos De Chihuahua, Chihuahua C P 31109, Mexico

Legal Name:

PROMOTORA DE SEGURIDAD INDUSTRIAL SA DE CV

Trade Name:

PSI

RFC:

PSI-961203-M86

Date Created:

1988

Date Incorporated:

1994

Legal Address:

31124, Domingo de Allende 9920, Ignacio Allende, 31124 Chihuahua, Chih.

Operative Address:

31124, Domingo de Allende 9920, Ignacio Allende, 31124 Chihuahua, Chih.

Telephone:

(614) 4814585

Fax:

(614) 4814595

Legal Form:

Sociedad Anónima de Capital Variable

Email:

NA

Registered in:

Mexico

Website:

www.promosisa.com

Contact:

Iván Santillanes Allende, General Manager

Staff:

15

Activity:

Industrial Equipment Wholesalers Industry

 

 

BANKS

BANAMEX

 

 

 

The company does not make its banking data public

 

 

History

 

 

The company was founded in 1988.

 

 

PRINCIPAL ACTIVITY

 

 

This is a Mexican company dedicated to buying and selling industrial footwear.

Products/Services description:

Safety shoes
Firefighting equipment
Emergency equipment
Protective equipment for mining
Equipment for work at height
Environment Equipment
Hearing Protection
Head protection
Hand Protection and Arms
Respiratory protection
Visual protection

Brands:

3M
BATA INDUSTRIALS

Sales are:

Wholesale

Clients:

Industrial Market

Suppliers:

3M
BATA INDUSTRIALS

Operations area:

Chihuahua, Cd. Juárez, Cuauhtémoc, Delicias, Hermosillo y Guaymas

The company imports from

No imports

The company exports to

No exports

The subject employs

15 employees

Payments:

Slow but correct

 

 

LOCATION

 

Headquarters :

Av Paseo De La Victoria No 2824
Ciudad Juárez, Chihuahua 32470
México

Size:

2500 m2

Branches:

Blvrd Antonio Ortiz Mena 3100, Leones Universidad, 31203 Chihuahua, Chih.

Av. Tecnológico 13707, Paseos de Chihuahua, 31125 Chihuahua, Chih.

Sister Companies:

Proveedora de Seguridad Industrial de Chihuahua, S.A. de C.V.

 

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

 

Listed at the stock exchange:

NO

Capital:

NA

Shareholders:

This is a private company.  The owner is the Santillanes Allande family.

Management:

Pavel Santillanes Allande, General Manager
Humberto Santillanes Terrazas, Director
Tania Santillanes Allande, Administrative Manager
Iván Humberto Santillanes Allande, General Manager

 

 

FINANCIAL INFORMATION

 

 

This is a private company which does not make its financials public.

 

The company refused to confirm financial details. 

 

 

LEGAL FILINGS

 

 

 

 

There are no legal records for the subject

 

 

SUMMARY

 

 

This is a Mexican company dedicated to buying and selling industrial footwear.

 

The company has more than 20 years of experience in the market with 3 locations and a small sized strcuture.

 

It only operates for the national market and has a sister company.

 

It works with well known brands and shows no negative records. 

 

 

RISK INFORMATION

 

DEBTS

Controlled

PAYMENTS

Slow but correct

CASH FLOW

Normal

STATUS

Active

 

 

INTERVIEW

 

NAME

Lizbeth Ruiz

POSITION

Administrative

COMMENTS

She confirmed address, RFC, sister company, ownership, staff, imports, exports, brands.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.65.48

UK Pound

1

Rs.101.06

Euro

1

Rs.72.22

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

ANK

 


 

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.