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Report No. : |
344051 |
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Report Date : |
10.10.2015 |
IDENTIFICATION DETAILS
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Name : |
SMART AIR S.A. DE C.V. |
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Registered Office : |
Bellavista No 452, Ciudad de México, Distrito Federal 09900 |
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Country : |
Mexico |
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Date of Incorporation : |
1965 |
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Legal Form : |
Sociedad Anónima De Capital Variable |
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Line of Business : |
Manufacturer and Wholesale of Colorants, Dyes and Pigments. |
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No. of Employees : |
31 |
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) |
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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 |
STATUTORY
INFORMATION
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Comments on name provided: |
The name provided in the order corresponds to comapny’s commercial
name. |
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Legal Name: |
SMART AIR S.A. DE C.V. |
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Trade Name: |
Química Mexibras |
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RFC: |
SAI080410HP5 |
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Date Created: |
1965 |
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Date Incorporated: |
1965 |
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Legal Address: |
Bellavista No 452 |
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Operative Address: |
Bellavista No 452 |
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Telephone: |
55 5612 6792 |
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Fax: |
55 5612 2028 |
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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 Luis Anatolio Galicia Barona, President and Director |
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Staff: |
31 |
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Activity: |
Colorants, dyes and pigments (Manufacture, Wholesale) |
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BANKS |
BANAMEX |
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The company does not disclose its banking information |
History
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The company was founded in 1965 with the aim of distributing the
Polyvinyl Alcohol textile, plastic, resins and paper industries. |
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In 1990, the company changed its name to Productos Químicos
Industriales y Colorantes S.A. de C.V. and in 1999 the plant water-based
pigment dispersion is constructed. In late 2011 they opened the packaging
plant Reactivos Analíticos ACS where BUFFER solutions also manufactured. |
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The company's current legal name is SMART AIR S.A. DE C.V. in 2009. |
PRINCIPAL
ACTIVITY
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Its plant was built in 1976 in the city of Mexico the second floor of
dyes, with greater focus on the chemical, textile, tanning, construction,
inks, adhesives, resins, paper, cosmetics, plastics, cellulose, carbon paper,
paints, mining, among others. |
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Products/Services description: |
Acids Basic Dyes, Direct, Scattered, Solvents, reagents, organic
pigments and sulfur. Allimenticios dyes and FDA. |
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Brands: |
MEXIBRAS |
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Sales are: |
Wholesale |
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Clients: |
INDUSTRIES SERVED |
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Suppliers: |
Tianjin Meiyada Chemical Co.,Ltd. |
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Operations area: |
National |
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The company imports from |
Asia, USA, Europe, India |
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The company exports to |
No exports |
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The subject employs |
31 employees |
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Payments: |
No Complaints |
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LOCATION
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Headquarters : |
Bellavista No 452 |
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Branches: |
The company does not have branches |
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Related Companies: |
SMART AIR S.A. DE C.V. |
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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: |
This is a private company. Major holder is: José Luis Anatolio Galicia Barona |
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Management: |
Carlos RubéN Alvarez Campos, Manager |
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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 following information has been provided by the company: |
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MXN 2014 |
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2014 |
47 000 000 |
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LEGAL FILINGS
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There are no legal for the subject |
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SUMMARY
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This is a Mexican company dedicated to the manufacture, importation,
marketing and distribution of pigments, dyes and chemicals. It has 50 years of experience in the market with a small-medium sized
structure. It mainly imports from Asia, India and operates nationally. The company’s financial figures are fair for its size and shows no
negative records. |
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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 |
Edith Elena Morales Nájera |
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POSITION |
Accountant |
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COMMENTS |
The person contacted confirmed address, RFC, previous name, current legal
name, managers, shareholder, experience, activity, clients, Suppliers,
imports, payment terms and revenue for 2014. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.64.78 |
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1 |
Rs.99.54 |
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Euro |
1 |
Rs.73.08 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
TPT |
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 |
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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.