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Report No. : |
336443 |
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Report Date : |
04.09.2015 |
IDENTIFICATION DETAILS
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Name : |
TRUMPLER
MEXICANA, S.A. D E C.V. |
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|
|
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Registered Office : |
Blvd. Restauradores No.205, Fracc. Ciudad Industrial, León
Guanajuato, C.P.37490 |
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Country : |
Spain |
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Date of Incorporation : |
23.10.1992 |
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Legal Form : |
Variable Capital Company |
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Line of Business : |
Subject is manufacture and commercialization of chemical
products for tanning industry |
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No. of Employee : |
30 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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) |
|
Spain |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
SPAIN - ECONOMIC OVERVIEW
After experiencing a prolonged recession in the wake of the global financial crisis that began in 2008, in 2014 Spain marked the first full year of positive economic growth in seven years, largely due to increased private consumption. At the onset of the global financial crisis Spain's GDP contracted by 3.7% in 2009, ending a 16-year growth trend, and continued contracting through most of 2013. In 2013 the government successfully shored up struggling banks - exposed to the collapse of Spain's depressed real estate and construction sectors - and in January 2014 completed an EU-funded restructuring and recapitalization program.
Until 2014, credit contraction in the private sector, fiscal austerity, and high unemployment weighed on domestic consumption and investment. The unemployment rate rose from a low of about 8% in 2007 to more than 26% in 2013, but labor reforms prompted a modest reduction to 23.7% in 2014. High unemployment strained Spain's public finances, as spending on social benefits increased while tax revenues fell. Spain’s budget deficit peaked at 11.4% of GDP in 2010, but Spain gradually reduced the deficit to just under 7% of GDP in 2013-14, slightly above the 6.5% target negotiated between Spain and the EU. Public debt has increased substantially – from 60.1% of GDP in 2010 to more than 97% in 2014.
Exports were resilient throughout the economic downturn and helped to bring Spain's current account into surplus in 2013 for the first time since 1986, where it remained in 2014. Rising labor productivity and an internal devaluation resulting from moderating labor costs and lower inflation have helped to improve foreign investor interest in the economy and positive FDI flows have been restored.
The government's efforts to implement labor, pension, health, tax, and education reforms - aimed at supporting investor sentiment - have become overshadowed by political activity in 2015 in anticipation of the national parliamentary elections in November. Spain’s 2015 budget, published in September 2014, rolls back some recently imposed taxes in advance of the elections and leaves untouched the country’s value-added tax (VAT) regime, which continues to generate significantly lower revenue than the EU average. Spain’s borrowing costs are dramatically lower since their peak in mid-2012, and despite the recent uptic in economic activity, inflation has dropped sharply, from 1.5% in 2013 to nearly flat in 2014.
|
Source
: CIA |
TRUMPLER MEXICANA, S.A. D E C.V.
Commercial Name ¨¨TRUMPLER¨¨
Address
of operations Blvd. Restauradores No.205, Fracc. Ciudad Industrial, León
Guanajuato, C.P.37490
Telephone
n Tel:01-477-763-5480
Fax
Tel:01-477-763-5481
E-mail trumpler@trumpler.com.mx pedidos@trumpler.com.mx
blanca@trumpler.com.mx
Web
page Sitio web.trumpler.com
Description
of the company
The company has started its operation on the 23rd of October
1992, in Leon City, Guanajuato.,under the name of TRUMPLER MEXICANA., with the
legal structure of VARIABLE CAPITAL COMPANY. It is dedicated to the manufacture
and commercialization of chemical products for tanning industry.
Names
of the managers in charge
Miguel Casacuberto Campos General Manager Blanca Rodriguez
Junquera Administrative manager Cristina Zaldívar Administrative board
Name
of the shareholder
Confidential Information
Miguel Casacuberto Campos
Registered
office Blvd. Restauradores No.205, Fracc. Ciudad Industrial, León
Guanajuato, C.P.37490
Legal
form VARIABLE CAPITAL COMPANY
Establishment
23rd of October,1992
Statuary
Validity 99 years
R.F.C.
TME-921023-QL2
Inscription
Public Registry of Trade
Objective
and Principal Line
Manufacture and commercialization of chemical products for
tanning industry.
Activity
and detailed products
(S) Services of chemical products of tanning
Note: (F) Manufacturer;
(C) Trader; (I) Importer; (E) Exporter; (S) Services % Percentage of Countries
Importations 80%
Spain and Guatemala
Exportations 0% do
not export
Covered
areas the operation of the company are carried out nationally.
Branches
the company does not have branches
Subsidiaries
the company does not have subsidiaries
Revision
and payment: Monday to Friday
from 8:00 to 18:00 h.
YEAR
OF SALE 2015 Confidential
This information was not provided because it was considered
confidential.
Confidential information
PIELCOLOR SLU http://Sitio web.pielcolor.com ROBAMA SA
http://Sitio web.robama.com/
Firms
TRUMPLER
Nace
code14.3
Real
estate
The building is own real estate without mentioning the
divided surface in the administrative office, storehouse and sale points.
Employees
30 employees
Links not
provided
Company or individuals Individual (*)
COMERCIAL EMYCO, S.A. DE C.V. http://Sitio web.emyco.com/
CURTIDOS BENGALA SA DE CV http://Sitio web.curtidosbengala.com/
Company or individuals Individual (*)
Not provided
Circuit: 16
- GUANAJUATO
Tribunal: Guanajuato
- Tercer Tribunal Colegiado, Civil
Type:
Indirect amparo
Expedient:
648/2014
Name
of complinant: Trumpler Mexicana, Sociedad Anónima de Capital Variable
Authority:
Commercial Court Judge with jurisdiction in the region of León, Guanajuato
Total
agreements: 7
Date
of agreement
Date
of publication of the agreement
12/02/2015 13/02/2015 JUEZ DE ORALIDAD MERCANTIL CON
JURISDICCIÓN EN LEÓN, GUANAJUATO, ACUSA
RECEIVED AND ORGANIZED
28/01/2015 03/02/2015 DENIES AND WITH NO ADHESIVE MATERIAL
OF AMPARO 26/09/2014 29/09/2014 THE ISSUE IS RETURNED TO THE JUDGE JOSÉ
GUILLERMO ZÁRATE GRANADOS. 12/09/2014 17/09/2014 IS RETURNED TO THE JUDGE OF
CIRCUIT ROGELIO MEZA AMAO. 11/09/2014 12/09/2014 THE COMPLIANT SETTLE THE
STATEMENT WITH RESPECT TO THE ADHESIVE AMPARO
MOTIVITED BY THE THIRD INTERESTED PARTY.
02/09/2014 03/09/2014 THE ADHESIVE AMPARO IS ACCEPTED DUE
TO BEING MOTIVATED BY THIRD PARTIES.
THE TRANSFER IS ASSIGNED TO THE PRINCIPAL CLAIMANT, THE
STATEMENT IS LEFT IN THE SECRETARY OF THE TRIBUNAL FOR A PERIOD OF THREE DAYS
SO THAT HE CAN DECIDE WHAT IS MOST APPROPRIATE FOR HIM.
22/07/2014 23/07/2014 THE PETETION OF AMPARO IS ADDMITED,
THE CHARACTERISTIC OF THIRD PARTY IS RECOGNIZED
INTERESADA A CONCURMEX, VARIABLE CAPITAL COMPANY.
BANK
NUMBER OF THE SUBSIDARY
Santander Serfin, S.A. Confidential Confidential BBVA
Bancomer, S.A. Confidential Confidential
Insurance Company AXA SEGUROS MEXICO, S.A.
Av. Periférico Sur No. 3325 Col. San Jerónimo Aculco México,
D.F.
C.P. 10400
Teléfono:
5169-1000
Web page web.axa.com.mx
A company with moe than 22 years of experience. It maintains
commercial relations with national suppliers, whom, for reasons of
confidentiality, were not provided. Nevertheless, they depend on the same
concept, and this means that they have lack of means.
Taking into consideration the lack of payment history and
financial information, it is not possible to estimate the appropriate figures
of credit. We advise taking measures of endorsement and own guarantees of the
operation.
Contact Blanca Rodriguez Junquera.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.23 |
|
|
1 |
Rs.101.22 |
|
Euro |
1 |
Rs.74.33 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
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|
|
|
Report Prepared
by : |
ASH |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.