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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

489141

Report Date :

01.02.2018

 

IDENTIFICATION DETAILS

 

Name :

J. TRINIDAD RUIZ RUIZ

 

 

Registered Office :

Periferico Luis Echeverria s/n Mercado de Abastos Bodega No. 28 Saltillo, Coahuila

 

 

Country :

Mexico

 

 

Date of Incorporation :

1974

 

 

Legal Form :

Persona Fisica / Sole Proprietorship

 

 

Line of Business :

Subject is dedicated to the Wholesale of Farm Supplies.

 

 

No. of Employees :

50

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

A

 

Credit Rating

 

Explanation

Rating Comments

A

Acceptable Risk

Business dealings permissible with moderate risk of default

 

Maximum Credit Limit :

USD 70 000

 

 

Status :

Satisfactory

 

 

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.

 

 

MEXICO - ECONOMIC OVERVIEW

 

Mexico's $2.2 trillion economy has become increasingly oriented toward manufacturing since the North American Free Trade Agreement (NAFTA) entered into force in 1994. Per capita income is roughly one-third that of the US; income distribution remains highly unequal.

 

Mexico has become the US' second-largest export market and third-largest source of imports. In 2016, two-way trade in goods and services exceeded $579 billion. Mexico has free trade agreements with 46 countries, putting more than 90% of trade under free trade agreements. In 2012, Mexico formed the Pacific Alliance with Peru, Colombia, and Chile.

 

Mexico's current government, led by President Enrique PENA NIETO, has emphasized economic reforms, passing and implementing sweeping energy, financial, fiscal, and telecommunications reform legislation, among others, with the long-term aim to improve competitiveness and economic growth across the Mexican economy. Mexico began holding public auctions of exploration and development rights to select oil and gas resources in 2015 as a part of reforms that allow for private investment in the oil, gas, and electricity sectors. Mexico held its fourth auction in December 2016 and allocated 8 of 10 deepwater fields, demonstrating Mexico’s capacity to attract investment amid low oil prices. The government allocateed additional fields in 2017.

 

Since 2013, Mexico’s economic growth has averaged 2% annually, falling short of private-sector expectations that President PENA NIETO’s sweeping reforms would bolster economic prospects. Growth is predicted to remain below potential given falling oil production, weak oil prices, structural issues such as low productivity, high inequality, a large informal sector employing over half of the workforce, weak rule of law, 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 10% of government revenue comes from the state-owned oil company, PEMEX.

 

Source : CIA

 

 


 

STATUTORY INFORMATION

 

Legal Name:

J. TRINIDAD RUIZ RUIZ

Trade Names:

SEMILLAS FORRAJES Y PECUARIOS RUÍZ

ID:

RURJ74521HY3

Date Created:

1974

Date Incorporated:

1974

Legal Address:

Periferico Luis Echeverria s/n Mercado de Abastos Bodega No. 28 Saltillo, Coahuila, Mexico

Operative Address:

Periferico Luis Echeverria s/n Mercado de Abastos Bodega No. 28 Saltillo, Coahuila, Mexico

Telephone:

+52 844 414 5289

Fax:

-

Legal Form:

Persona Fisica / Sole Proprietorship

Email:

REYNALDO_SEMILLAS@PRODIGY.NET.MX

TRINORR@HOTMAIL.COM

Registered in:

MEXICO

Website:

The company does not have a website.

Contact:

Jose Luis Arana - Director

Staff:

50

Activity:

NAICS Code 424910 Farm Supplies Merchant Wholesalers

 

 

Banks:

The company does not disclose its banking details.

 

History:

The company was founded in 1974.

 

 

PRINCIPAL ACTIVITY

 

 

Semillas Forrajes Y Pecuarios Ruíz is dedicated to the Wholesale of Farm Supplies.

Products/Services description:

The company offers seeds and food grains, spices and dried chilies.

Brands:

The company does not have any brands of its own.

Sales are:

Wholesale

Clients:

Retailers

Suppliers:

NA

Operations area:

National

The subject employs

50 employees

Payments:

No Complaints

 

 

LOCATION

 

Headquarters :

Periferico Luis Echeverria s/n Mercado de Abastos Bodega No. 28

Saltillo, Coahuila, Mexico

Comments on Address:

-

Branches:

BOULEVARD FUNDADORES N 1362, COLONIA AVICOLA

SALTILLO, COAHUILA, MEXICO

 

CALLE SANTO DEL AGUA NRO 1360-3, COLONIA MANANTIALES,

RAMOS ARISTA, COAHUILA, MEXICO

Related Companies:

No related companies were found.

 

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

 

Listed at the stock exchange:

NO

Capital:

NA

Shareholders:

The company does not disclose information on shareholders. We could not confirm shareholders of the subject.

Management:

Jose Luis Arana - Director

 

 

FINANCIAL INFORMATION

 

 

The company does not make its financial statements public.

 

Despite our long search, we were not able to confirm financial figures for the subject.

 

 

LEGAL FILINGS

 

 

 

CASES

No found.

 

 

SUMMARY

 

 

Founded in 1974, J. Trinidad Ruiz Ruiz is an organization in the Farm Supplies Merchant Wholesalers Industry headquartered in Saltillo, Coahuila, Mexico.

 

The company has 50 regular employees. It operates nationally. It is ACTIVE in business with no negative records.

 

The company shows low commercial profile, not being listed with yellow pages or major credit bureaus.

 

 

RISK INFORMATION

 

DEBTS

Controlled

PAYMENTS

No Complaints

CASH FLOW

Normal

SUGGESTED CREDIT LINE

USD 70 000

STATUS

Active

INTERVIEW

 

NAME

Socorro

POSITION

Secretary

COMMENTS

She confirmed the name of the company, the address of the headquarters and location, the date of creation of the company, the number of employees and the name of the Director. She was unable to provide financial information and the Director was not available.

 

 

 

 

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 63.69

UK Pound

1

INR 90.35

Euro

1

INR 79.21

MXN

1

INR 3.42

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

VAR

 

 

Report Prepared by :

TPT

 


 

RATING EXPLANATIONS

 

Credit Rating

 

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

A+

Low Risk

Business dealings permissible with low risk of default

A

Acceptable Risk

Business dealings permissible with moderate risk of default

B

Medium Risk

Business dealings permissible on a regular monitoring basis

C

Medium High Risk

Business dealings permissible preferably on secured basis

D

High Risk

Business dealing not recommended or on secured terms only

NB

New Business

No recommendation can be done due to business in infancy stage

NT

No Trace

No recommendation can be done as the business is not traceable

 

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

 

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 are as follows:

 

·         Financial condition covering various ratios

·         Company background and operations size

·         Promoters / Management background

·         Payment record

·         Litigation against the subject

·         Industry scenario / competitor analysis

·         Supplier / Customer / Banker review (wherever available)

 

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.