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Report No. : |
348691 |
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Report Date : |
07.11.2015 |
IDENTIFICATION DETAILS
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Name : |
MARISCAL MODA HOMBRE, S.A. DE C.V |
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Registered Office : |
Av Venustiano Carranza Sur No 477 Monterrey, Nuevo León 64000 |
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Country : |
Mexico |
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Date of Incorporation : |
1991 |
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Legal Form : |
Sociedad Anónima De Capital Variable |
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Line of Business : |
The company has over 30 different
products distributed in its 5 main lines : Dress , Sport , Western Shirt
,Boys , Underwear in 4 seasons ( Spring- Summer, Father's Day, Autumn Winter
and Christmas) |
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No. of Employees : |
122 |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Mexico |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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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
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Order: |
MARISCAL MODA
HOMBRES.A.DE. C.V. |
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Address in the
order: |
K/A MS KARINA
LOPEZ |
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Legal Name: |
MARISCAL MODA
HOMBRE, S.A. DE C.V. |
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Trade Name: |
MARISCAL
MODA |
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RFC: |
MMH910503HG4 |
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Date Created: |
1948 |
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Date
Incorporated: |
1991 |
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Legal Address: |
Av Venustiano
Carranza Sur No 477 |
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Operative
Address: |
Av Venustiano
Carranza Sur No 477 |
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Telephone: |
81 8130 7800 |
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Fax: |
81 8345 7271 |
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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: |
Rubén Marcos
Kuri, President |
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Staff: |
122 |
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Activity: |
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BANKS |
BANAMEX |
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The company does
not make its banking data public |
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History
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The company was
founded in 1948. |
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PRINCIPAL ACTIVITY
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The company has
over 30 different products distributed in its 5 main lines : Dress , Sport ,
Western Shirt ,Boys , Underwear in 4 seasons ( Spring- Summer, Father's Day,
Autumn Winter and Christmas) |
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Products/Services
description: |
PRODUCTS |
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Brands: |
MARISCAL |
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Sales are: |
Wholesale |
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Clients: |
Distributors |
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Suppliers: |
CENTURY TEXTILE INDUSTRY
TBK |
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Operations area:
|
National |
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The company
imports from |
Thailand , India
and Indonesia |
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The company
exports to |
No exports |
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The subject
employs |
122 employees |
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Payments: |
No Complaints |
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LOCATION
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Headquarters : |
Av Venustiano
Carranza Sur No 477 |
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Branches: |
The company does
not have branches |
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Sister
Companies: |
JOHN HENRY
STUDIO |
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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
belongs to Grupo Bamex, S.A. De C.V., Mexico. |
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Management: |
Yolanda De Luna
Ayala, Accountant |
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FINANCIAL INFORMATION
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This is a
private company which does not make its financials public. |
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The person
contacted refused to confirm financial figures on the subject |
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LEGAL FILINGS
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There are no
legal connected to the subject |
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TEXTILE QUOTA
ALLOCATIONS |
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SUMMARY
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The company is
dedicated to themanufacture of fabric items. It has 67 years
of experience in the market with a large sized structure and is part of a
group, It is well
established in the market without negative records. It mainly
imports from India, Thailand and Indonesia and operates nationally. |
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RISK INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
No Complaints |
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CASH FLOW |
Normal |
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STATUS |
Active |
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INTERVIEW |
|
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NAME |
Karina Lopez |
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POSITION |
Administrative |
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COMMENTS |
She confirmed
address, staff, group, managers, ownership, RFC, activity, payment terms. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.79 |
|
UK Pound |
1 |
Rs.99.95 |
|
Euro |
1 |
Rs.71.55 |
INFORMATION DETAILS
|
Analysis Done by
: |
HEE |
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|
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|
Report Prepared
by : |
TRU |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
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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 |
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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.