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MIRA INFORM REPORT
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Report No. : |
507591 |
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Report Date : |
11.05.2018 |
IDENTIFICATION DETAILS
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Name : |
COMERCIALIZADORA MEXICO AMERICANA S DE RL DE CV |
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Registered Office : |
Calle Nextengo 78, Colonia Santa Cruz Acayucan, 02770 |
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Country : |
Mexico |
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Date of Incorporation : |
1991 |
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Legal Form : |
Sociedad De Responsabilidad Limitada De Capital Variable |
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Line of Business : |
Subject Distributes and Sales Grocery Shopping items to General
Customers. |
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No. of Employees : |
510 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Exist |
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
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Country Name |
Previous
Rating (30.09.2017) |
Current Rating (31.12.2017) |
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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 Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
MEXICO - ECONOMIC OVERVIEW
Mexico's $2.4 trillion economy – 11th largest in the world - 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 its 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. Since 2015, Mexico has held public auctions of oil and gas
exploration and development rights and for long-term electric power generation
contracts. Mexico has also issued permits for private sector import,
distribution, and retail sales of refined petroleum products in an effort to
attract private investment into the energy sector and boost production.
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. In 2018, Mexico’s
economy will be vulnerable to uncertainty surrounding the future of
NAFTA—because the US is its top trading partner and the two countries share
integrated supply chains—and to potential shifts in domestic policies following
the inauguration of a new a president in December 2018.
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Source
: CIA |
STATUTORY
INFORMATION
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Order: |
COMERICAL ZADORA MEXICO Dear Sirs, There is a typing mistake in the name provided. Correct name is:
COMERCIALIZADORA MEXICO |
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Legal Name: |
COMERCIALIZADORA MEXICO AMERICANA S DE RL DE CV |
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Trade Name: |
COMERCIALIZADORA MEXICO AMERICANA S DE RL DE CV COMERCIALIZADORA MEXICO |
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RFC: |
CMA9109119L0 |
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Date Created: |
1991 |
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Date
Incorporated: |
1991 |
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Legal Address: |
Calle Nextengo 78, Colonia Santa Cruz Acayucan, 02770, Mexico |
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Operative
Address: |
Pte 116, Capultitlan, 07370 Ciudad de México, CDMX, México |
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Telephone: |
55 55809900 |
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Fax: |
NA |
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Legal Form: |
Sociedad De Responsabilidad Limitada De Capital Variable |
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Email: |
ZMENDEZ@ANTAD.ORG |
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Registered in: |
MEXICO |
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Website: |
www.walmart.com.mx |
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Contact: |
Alejandro Vargas López, Manager Accounting |
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Staff: |
510 Employees |
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Activity: |
SIC Code 5411: Grocery Stores |
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BANKS: |
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BANCO NACIONAL DE MÉXICO S.A. |
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HISTORY: |
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The company was created and incorporated in 1991. Comercializadora
Mexico Americana de S de RL de CV operates as a subsidiay of Walmart de
Mexico. |
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PRINCIPAL
ACTIVITY
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Comercializadora Mexico Americana de S de RL de CV distributes and
sales grocery shopping items to general customers. |
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Products/Services
description: |
WINE LIQUORS COFFEE TOYS TV AND VIDEO TECNOLOGY HOME GROCERY SHOPPING BABY FRUITS AND VEGETABLES |
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Brands: |
Kleenex Samsung Pavilion LG KELLOGG’S AXION FERRERO ROCHER BAILEYS SONY COCA-COLA PEDIGREE SUPREME ALPURA NESCAFÉ |
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Sales are: |
Retail |
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Clients: |
General Customers COMERCIALIZADORA ELORO SA Arizona Canning Co., Llc SURTILIDER SAS |
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Suppliers: |
WINFAT INDUSTRIAL CO LIMITED SHAOXING E TEX CO., LTD. Cma Usa Hosley India Private Limited INDUSTRIAS VANYPLAS S.A. |
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Operations area:
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National and International |
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The company
imports from |
China, India, Spain, United States, Colombia |
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The company
exports to |
United States, Colombia |
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The subject
employs |
510 Employees |
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Payments: |
Regular |
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LOCATION
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Headquarters : |
Nextengo No. 78, Piso 1 |
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Comments: |
NA |
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Branches: |
#1549 #2092
#2489
#2913
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Main Competitors |
Sam’s CostCo Oxxo 7Eleven |
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Related
Companies: |
Walmart U.S. Walmart Africa |
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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: |
Comercializadora Mexico Americana de S de RL de CV operates as a
subsidiay of: Wal-Mart de Mexico S.A.B. de C.V. Mexico. Ultimate Parent Company: Walmart Inc. USA |
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Management: |
Antonio Ocaranza Alejandro Vargas López, Manager Accounting |
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FINANCIAL
INFORMATION
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The company does
not make its financial statements public. There are no financial figures
available for this company. |
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LEGAL
FILINGS
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Lawsuits: |
DOF: 05/01/2006 Resolution to the administrative appeal of revocation filed by
Comercializadora México Americana, S. de R.L. of CV, against the final
resolution of the investigation by subsidizing prices on imports of virgin olive
oil, which includes the extra virgin, fine virgin and regular virgin, refined
types, which includes the first and refined refined of second, and the
preparation based on mixtures, which includes the mixtures of first and
mixtures of second, merchandise currently classified in the tariff fractions
1509.10.01, 1509.10.99, 1509.90.01, 1509.90.02 and 1509.90.99 of the Tariff
of the Law of the General Import and Export Taxes, originating in the
European Union (European Community), mainly from the Kingdom of Spain and the
Italian Republic, regardless of the country of origin. On the margin a stamp with the National Coat of Arms, which says:
United States of Mexico.- Secretary of Economy. FIRST COURT COLLEGIATE IN ADMINISTRATIVE MATTER OF THE SECOND CIRCUIT. Direct protection 1095/99. Comercializadora México Americana, S.A. of
C.V. September 13, 2000. Unanimity of votes. Speaker: Salvador Mondragón
Reyes. Secretary: Héctor Santacruz Sotomayor. Direct Amparo 441/99. Comercializadora México Americana, S.A. of C.V.
October 19, 2000. Speaker: Manuel Baraibar Constantino. Secretary: Blanca
Isabel González Medrano. 13.- COMPLAINT RELATING TO THE EXTERNAL TRADE JUDGMENT 13462 /
14-17-10-8 / 818/15-S1-03-01-QC.- ACTOR.- COMERCIALIZADORA MÉXICO AMERICANA,
S. DE R.L. DE C.V.- PROVENIENT OF THE TENTH REGIONAL METROPOLITAN ROOM.-
SPEAKER: MAGISTRADO RAFAEL ESTRADA SÁMANO. (SRIA DE ACDOS, LIC. EMMA AGUILAR
ORIHUELA.) DIFFERENT SUBJECT, ANNEX VERSION OF DATE MARCH 23, 2017 AMPARO IN REVIEW 1046/2002. COMPLAINANT: AMERICAN MEXICAN TRADER, LIMITED LIABILITY COMPANY OF
VARIABLE CAPITAL. SPEAKER: MINISTER SERGIO SALVADOR AGUIRRE ANGUIANO. SECRETARY: LUCIANO VALADEZ PÉREZ. |
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The company was created and incorporated in 1991. Comercializadora Mexico Americana de S de RL de CV operates as a
subsidiay of Walmart de Mexico. Comercializadora Mexico Americana de S de RL de CV distributes and
sales grocery shopping items to general customers. It currently employs 510
Employees. It mainly imports from China, India, Spain, United States, Colombia
and exports to United States and Colombia. It is ACTIVE In MEXICO; with no negative records. |
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RISK
INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
Regular |
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CASH FLOW |
Normal |
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STATUS |
ACTIVE |
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INTERVIEW |
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NAME |
NA |
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POSITION |
NA |
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COMMENTS |
We tried calling several times but the number was unavailable. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 67.38 |
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1 |
INR 91.39 |
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Euro |
1 |
INR 79.89 |
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MXN |
1 |
INR 3.49 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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PRI |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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
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Company
background and operations size
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Promoters
/ Management background
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Payment
record
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Litigation
against the subject
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Industry
scenario / competitor analysis
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Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.