Mexico Business Credit Report
Sample International Credit Report

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International Business Credit Report
Supplied onMay 27th, 2017
Identification Details
HOW WAS IT REQUESTED ? : FIBREMEX S.A. DE C.V.
Correct? : Yes
Av. Peñuelos # 5 Int.18, Tijuania, México
Correct? : No
IDENTIFICATION
CORRECT COMPANY NAME : FIBREMEX S.A. DE C.V.
TRADE NAME : 'FIBREMEX'
TAXPAYER REGISTRATION : RFC FIB-000411-840 OPERATING STATUS: Active
MAIN ADDRESS : Av. Pañuelas No.5, Interior 18, Fracc.Industrial San Pedrito
Pañuelas,
CITY/PROVINCE/STATE : Queretaro/Queretaro
COUNTRY : MEXICO
TELEPHONE : (52442)220.8045
FAX : (52552)220.8046
E - MAIL : ivan.hernandez@fibremex.com
WEB SITE : www.fibremex.com.mx
SUMMARY
-----------------------------------------------------------
Incorporation : 2000 Operating Status : Active
Last Capital : Ps$550,000.= Pesos
Shareholders' Equity : Ps$4,700,000.= Pesos (Al 31.12.2007)
Annual Sales : 62,000,000.00 Peso
Finantial Situation : FAIR
Business Trend : Undetermined
-----------------------------------------------------------

Creditline Recommendations

Credit Rating 3
Risk MEDIUM RISK
Maximum Monthly Credit Guide USD 100,000
Rating Explanation
The rating system ranges from 1, indicating a high risk to 5, the lowest risk. A rating of 8 indicates an unclassified risk (risk unknown), used on brand new companies as and example. A rating of 9 is used for companies, which are either in Receivership, Liquidation, and Dissolution or have ceased trading for some other reason.

 

Official Company Details

Legal Status Stock Company of Variable Capital
Date of Incorporation January 20, 1999
Registered In Mexico City
Notary Office No. 29 of Mexico City.
Share Capital Structure
Current Paid-In Capital Ps$555,00. = Peso
Last Capital Increase November 2005
Shareholder's Equity Ps$5,800,000 = Peso (12/31/2007)
Type of Shares Nominatives
Listed at Stock Exchange NO
Current Exchange Rate Ps$10.49 per US$1
Known Directors/Partners
 

DIRECTORS / EXECUTIVES / SHAREHOLDERS
FULL NAMES / COMPANY NAME TITLE OWNERSHIP %
MARQUES PEREIRA, PAULO Administrative Director 50%
SILVESTRE CERDEIRA MENDES, DANIEL Commercial Director 50%
HERNANDEZ, IVAN General Accountant
WHO IS WHO ?
MARQUES PEREIRA, PAULO
NATIONALITY : Portuguese BORN : 02AUG1973
SILVESTRE CERDEIRA MENDES, DANIEL
NATIONALITY : Portuguese BORN : 18JUN1972
BACKGROUNDS .-
Identity Document: FM2
HERNANDEZ, IVAN
NATIONALITY : Mexican
PROFESSION : Chartered Accountant
Public Record Information
CREDIT RISK CENTRAL .-
Up until moment of closing this report we had not found negative antecedents of the
company in the sources consulted.
Operations Details


MAIN ACTIVITY .-
Distribuitors of all related to optical fibre and telecommunications, such as: Cable
distributors, jumpers, couplings, connectors, preparation tools, peelers, cutters,
microscopes, optical fiber kits, microscopes, measurement equipment, polishers,
electrical connections, junction box, attenuators, consumables, premises wiring,
wireless equipment, routers, among other products.
Brands include: 'OPTRONICS', 'IDEAL', 'TRENDNET', 'OPTRONICS', 'JDSU', 'BERK-TEK',
among others.
IMPORT : Yes From Europe and USA.
EXPORT : No
% CASH SALES/METHOD : 30%
% CREDIT SALES/TERMS : 70% (30-day credit terms)
% DOMESTIC PURCHASES : 40%
% FOREIGN PURCHASES : 60%
SELLING TERRITORY : National market and abroad.
EMPLOYEES : 65
FACILITIES .-
Use : Legal seat, administrative seat and warehouses.
Remarks and other Premises .-
No branches are reported.
COMMENTS .-
Clients: Installators, dealers among others.
Among major projects we can mention Subject is in negotiations with european and
asiatic companies , to acquire and to sell new products in order to increase its sales
in year 2008.
RELATED COMPANY(IES)
There are not known related companies.
PROPERTIES OF THE COMPANY .-
Vehicles, machineries, among other.
INSURANCE .-
Information relative to insurance policies was not obtained



PAYMENTS RECORD
TRADE REFERENCES
.-
Line of Credit _ Monthly Average _ Terms(days)) Performance? _ Time _ Products/Services Supplier
1 Ps$ 200,000.= Ps$ 150,000.= Ch/30 days Prompt 2 years Electrical conductors Domestic
2 Open Ps$ 200-300,000.= Prompt 1 year Computer equipment Domestic
COMMENTS .-
A third local supplier has not answered to our request.
LIST OF DOMESTIC SUPPLIERS .-
Suppliers listed Alphabetically.
Supplier _ Telephone _
Conductores Electrónicos Mexicanos SA de CV (442)195.5612
Ideal Industries Inc.

Informática Satélite SA de CV (55)5393.4825
OFS Brightwave LLC
Preformados de México SA de CV (442)238.9540 BANKING INFORMATION
BANKERS
Bank Telephone
BANAMEX (442)221.5568
HSBC BANK (442)238.3701
Subject deals with the aforementioned banks , without further particulars available.
It is important to mention in Mexico it is not possible to get references from banks
without knowing the account number(s), agency and name of account officers, information
which was not released by this company.
Financial Data

We interviewed Mr. Ivan Hernández (General Accountant) who assisted us by providing general information including an extract of the Balance Sheet dated December 31, 2007, end of fiscal year, expressed in Peso (Ps$).

 

BALANCE SHEET DATE : 31DEC2007
BALANCE SHEET OF : 12 months
CURRENCY : Peso
EXCHANGE RATE PER US$ : 10.83
ASSETS
TOTAL CURRENT : 9,600,000.00
FIXED :               1,373,000.00
OTHERS :           11,851,420.00
TOTAL ASSETS : 22,824,420.00
LIABILITIES
TOTAL CURRENT : 6,000,000.00

LONG TERM : 2,000,000.00
OTHERS : 10,124,420.00
TOTAL EQUITY : 4,700,000.00
TOTAL LIABILITIES : 22,824,420.00

SALES : 62,000,000.00
PROFIT (LOSS) : 4,107,600.00

 

LIQUIDITY RATIO : 1.60 (Current Assets/Current Liabilities)
DEBT-TO-EQUITY RATIO: 78.33% (Shareholders'equity/Current Liabilities)
PROFITABILITY MARGIN: 6.63% (Profits/Sales)
WORKING CAPITAL : 3,600,000.00 (Current Assets - Current Liabilities)

 

FINANCIAL SITUATION : FAIR
According to the last Financial Statement, Subject's Financial Position is considered
fairly Stretched Out, as its Liquidity Ratio is slightly acceptable. Working Capital is
slightly satisfactory. Liabilities are moderately supported in shareholder's equity.
Results are acceptable.

*** End of Report ***


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