MIRA INFORM REPORT

 

 

Report No. :

345399

Report Date :

21.10.2015

 

IDENTIFICATION DETAILS

 

Name :

PENTAIR VALVES & CONTROLS DE MEXICO SA DE CV

 

 

Registered Office :

Calle 3, Lotes 13, 14 Y 15 Mz 3 El Salto, Jalisco 45680

 

 

Country :

Mexico

 

 

Date of Incorporation :

1963

 

 

Legal Form :

Sociedad Anonima de Capital Variable

 

 

Line of Business :

Industrial Equipment Wholesalers Industry

 

 

No. of Employees :

160

 

 

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 :

Goods

 

 

Payment Behaviour :

No Complaints

 

 

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

 

 

Legal Name:

PENTAIR VALVES & CONTROLS DE MEXICO SA DE CV

Trade Name:

Pentair Mexico

RFC:

TVC63053OBZA 

Date Created:

1963

Date Incorporated:

1963

Legal Address:

Calle 3, Lotes 13, 14 Y 15 Mz 3
El Salto, Jalisco 45680
México

Operative Address:

Calle 3, Lotes 13, 14 Y 15 Mz 3
El Salto, Jalisco 45680
México

Telephone:

52-33-3668-4085

Fax:

52-1-333-156-4459

Legal Form:

Sociedad Anónima de Capital Variable

Email:

daniel.barajas@pentair.com

Registered in:

Mexico

Website:

www.pentairthermal.com.mx

Contact:

Diego Adalbert Kercomer Hummelmann, General Manager

Staff:

160

Activity:

Industrial Equipment Wholesalers Industry

 

 

BANKS

BANAMEX 

 

 

 

The company does not disclose its banking details

 

 

 

 

History

 

 

Pentair Valves & Controls De Mexico  was founded in 1963.

 

 

 

 

PRINCIPAL ACTIVITY

 

 

The company's line of business includes manufacturing industrial valve products.

Products/Services description:

Actuators & Controls
Ball Valves
Butterfly Valves
Control Valves
Gate, Globe, Check Valves
Instrumentation Equipment
Knife Gate Valves
Pressure Relief Valves
Slurry Valves
Triple Offset Valves

Brands:

Anderson Greenwood
Biffi
Clarkson
Crosby
FCT
Keystone
KTM
Sempell
Vanessa
Yarway

Sales are:

Wholesale

Clients:

Minera Y Metalúrgica Del Boleo, S.A. De C.V.
Mexico

TYCO VALVES AND CONTROLS DE MEXICO SA DE CV
Mexico

Ce Rrey Sa Cv
Mexico

REPRESENTAC MINERAS Y COMERCIALES SA
Peru

Suppliers:

VALVOSANITARIA BUGATTI SPA
Italy

Operations area:

National and International

The company imports from

Italy

The company exports to

Latin America

The subject employs

160 employees

Payments:

No Complaints

 

 

 

 

LOCATION

 

 

Headquarters :

Calle 3, Lotes 13, 14 Y 15 Mz 3
El Salto, Jalisco 45680
México

Branches:

The company does not have branches

Related Companies:

The parent company has more than 50 subsidiaries worldwide

 

 

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

 

Listed at the stock exchange:

NO

Capital:

NA

Shareholders:

Pentair Valves & Controls De México, S.A. De C.V. operates as a subsidiary of

Pentair Ltd.
Worsley, Greater Manchester,
UK

Management:

Diego Adalbert Kercomer Hummelmann, General Manager
Lauro Francisco García Ruvalcaba, Financial Manager
Ricardo Rebollar Sánchez, Plant Manager

 

 

 

 

FINANCIAL INFORMATION

 

 

 

This is a private company which does not make its financial public. The following information is estimated and has been provided by private sources.

 

 

2014 USD

 

Revenue

47 148 000

Net Income

16 567 000

Total Equity

59 973 700

 

 

 

 

 

LEGAL FILINGS

 

 

 

 

There are no legal connected to the subject

 

 

 

 

SUMMARY

 

 

The company's line of business includes manufacturing industrial valve products.

 

It has 52 years of experience in the market with a large sized structure.

 

The company is a subsidiary of a large public company, headquartered in Ireland with locations worldwide.

 

The company's profitability is positive, with no negative records. 

 

 

 

RISK INFORMATION

 

 

DEBTS

Controlled

PAYMENTS

No Complaints

CASH FLOW

Normal

STATUS

This Corporation is in Good Standing

 

 

INTERVIEW

 

NAME

Juan Carlos 

POSITION

Administrative 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.64.89

UK Pound

1

Rs.100.39

Euro

1

Rs.73.52

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

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.