MIRA INFORM REPORT
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Report Date : |
21st April
2006 |
IDENTIFICATION DETAILS
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Name : |
CVC TECHNOLOGIES, INC |
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Registered Office : |
10861 Business Drive Fontana, California 92337, United States |
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Date of Incorporation : |
29/06/1998 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Manufacturers of label application
systems, packaging lines, and specialty processing machines for counting,
filling and capping. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
RATING
|
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is
considered normal. Capable to meet normal commitments. |
Satisfactory |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company
Name: CVC TECHNOLOGIES, INC.
Address: 10861
Business Drive
City: Fontana
State/Province: CALIFORNIA
Zip
Code: 92337
Country: UNITED
STATES
Telephone: 909
355-0311
Facsimile: 909
355-0411
Legal
Form: Corporation - Private
Website: www.cvcusa.com
Maj.
Shareholder: Robert Shelly
As of:
Sales /
Revenue:
Net
Income:
Total
Equity:
Number
of Employees: 15
Business
Activity:
The
Company manufactures label application systems, packaging lines, and specialty
processing machines for counting, filling and capping. It distributes and sells
its products in the international market.
NOTE TO CLIENT
NOTE:
REGARDING A REQUEST FOR A REPORT ON " CVC TECHNOLOGIES INC." LOCATED
AT " SUITE 8, SAYREVILLE, NEW JERSEY" . PLEASE BE ADVISED THAT THIS ADDRESS IS A BRANCH SALES LOCATION
AND CONDUCTS BUSINESS UNDER THE LEGAL NAME " CVC TECHNOLOGIES,
INC." CVC TECHNOLOGIES, INC. IS
HEADQUARTERED AND INCORPORATED IN THE STATE OF CALIFORNIA. AS A RESULT, THE
REPORT HAS BEEN COMPLETED ON THE LEGAL ENTITY THAT IS LOCATED IN CALIFORNIA AT
THE HEADER ADDRESS. IN ADDITION, PLEASE
BE ADVISED THAT THE CORRECT ADDRESS FOR THE NEW JERSEY OFFICE HAS BEEN LISTED
BELOW.
--------------------------------------------------------------------
PERSON
CONTACTED:
Ms.
Debbie Heintzman, Office Manager.
CORRECT
ADDRESS FOR THE NEW JERSEY OFFICE:
2400
Main Street Extension, Suite 8
Sayreville,
New Jersey 08872
Tel: 732
316-5200
Fax: 732
316-9191
LEGAL
Legal
Form: Corporation -
Private
Since
(D/M/Y): 29/06/1998
State/Province
of Incorporation: California
Status: ACTIVE
Previous
Legal Form:
Company
is NOT required to publish an annual financial report.
The
Company is incorporated in California under the following:
Legal
Type: Corporation
Legal
Name: CVC TECHNOLOGIES, INC.
File
Number: C2112955
Date
Filed: 29-Jun-1998
Status: active
Jurisdiction: California
Address: 10861
BUSINESS DR
FONTANA, CA 92337
Agent for Service
Of
Process: ROBERT SHELLY
10861 BUSINESS DR
FONTANA, CA 92337
Managers/Key Personnel
Robert
Shelly President
Oscar
Esparza - Engineering Vice
President
Debbie
Heintzman Office Manager
OWNERS
Robert
Shelly
% Majority
AFFILIATED ENTITIES
The
Company reports the following subsidiary firms:
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ASIA/PACIFIC
HEADQUARTERS
No. 361,
Jen Hua Road
Ta-Li
City, Taichung Hsien 412, Taiwan
Tel:
+886 4 24969922 (rep)
Fax:
+886 4 24969933
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CVC
TECHNOLOGIES, INC. (CHINA)
No.1
Building, Lane 1343, Tongpu Road
Putuo
District, Shanghai
China, Postal Code: 200062
Tel: +86
21 52703030(rep)
Fax: +86
21 52696019
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CVC
TECHNOLOGIES, INC (INDIA)
601/602,
Manmandir Suraksha, Building No. 3
Nahur
Village Road, Mulund (W), Mumbai - 400
080
Tel: 022
- 2562 1242, 022 - 2562 1243
Fax:
022-2562 1244
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PT. CVC
TECHNOLOGIES INDONESIA
Jl. Pulo
Sidik Kav. R.30
Kawasan
Industri Pulo Gadung
Jakarta
Timur 13930
Tel:
(021) 4683-2555
Fax:
(021) 4683-2556
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CVC
TECHNOLOGIES (THAILAND)
#17 Soi
Ladprao, 128/1 Ladprao Road Klongphan
Pangkati
Bangkok, Thailand 10240
Tel:
02-3757702,3757710
Fax: 02-
3757240
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CVC
TECHNOLOGIES (ITALY)
via
Saviabona 104, Cavazzale
36010
Monticello Conte Otto
VICENZA
- ITALY
Tel:
0444 597878 / 0444.94.62.97
Fax:
0444.29.90.1
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CVC
TECHNOLOGIES, INC. (CIS & Baltic
States)
Ul.
Kantemirovskaya, 58, block 7033,
Moscow
115477 Russia
Tel:
095-325-0853
Fax:
095-231-4951
BANKS
Telephone:
Facsimile:
Account
Number:
Account
Manager:
The name
of a primary bank could not be obtained at this time.
PAYMENT HISTORY
BUSINESS DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY REPTD SALE TERMS $
$ % 30
60 90 91+ COMMENTS
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
AIR TRANS 05-09 05-08 NET 30
100 0 0
0 0 0 0
AIR TRANS 05-12 00-00 NET 30
600 100 100 0
0 0 0 CUST 5 YR
FINCL SVCS 05-12 05-11 NET 30 1900
1500 100 0 0
0 0
FREIGHT 05-10 04-11 VARIED
400 0 0
0 0 0 0
MISC MANUF 05-11 05-11 VARIED 3000
3000 100 0 0
0 0 CUST 2 YR
PACKAGING 05-12 00-00 NET 30 0 0 0 0 0
0 0 CUST 6 YR
TEMP HELP 05-11 00-00 NET 7 1600 200
0 100 0 0
0
WAREHOUSE 05-11 05-11 VARIED
700 700 100 0
0 0 0
BUS SERVCS 05-04 05-04 NET 30 0
0 0 0
0 0 0
FINCL SVCS 05-01 04-11 CONTRCT 0 0 0 0 0
0 0 SATSFTRY
FREIGHT 05-01 99-01 VARIED 200
200 100 0 0
0 0
CURRENT QUARTER 8300 5500 97 3 0 0
0
Payment Trends
INDUSTRY BUSINESS
BALANCE CUR 1- 31- 61-
DATE CUR DBT DBT $ % 30
60 90 91+
-------- --- --- --- -------- --- --- --- --- ---
20051200 0 7 0 5900 97 3
0 0 0
20051100 0 7 2 2600 88 12
0 0 0
20051000 0 7 0 1600 100 0
0 0 0
20050900 0 7 6 2500 57 43
0 0 0
20050800 0 7 8 1900 44 56
0 0 0
20050700 0 7 4 1700 75 25
0 0 0
Payment History - Quarterly Averages
BALANCE
CUR 1- 31- 61-
QUARTER
YEAR DBT $ % 30 60
90 91+
-------- ------ --- -------- --- --- --- --- ---
Third
2005 5 2000 64 36 0
0 0
Second
2005 3 1400 81 19 0 0
0
First
2005 10 200 35 65 0
0 0
Fourth
2004 11 100 24 76 0
0 0
Third
2004 15 100 0 100 0 0
0
FINANCIAL INFORMATION
Financial
information could not be obtained at this time.
CURRENT OPERATIONS
NAICS
Code: 339999 All Other Miscellaneous Manufacturing
SIC
Code: 3999
Number of Employees
15
Business Activity
The
Company manufactures label application systems, packaging lines, and specialty
processing machines for counting, filling and capping. It distributes and sells
its products in the international market.
- -
-
The
heading address is the Company headquarters and serves as an administrative
office, and a quality control and distribution center. The Company operates an additional sales
office at the following address:
ADDITIONAL SALES
OFFICES
CVC
TECHNOLOGIES, INC. (East Coast)
2400
Main Street Extension, Suite 8
Sayreville,
New Jersey 08872
Tel: 732
316-5200
Fax: 732
316-9191
PUBLIC RECORD
A search
of public failed to reveal any Uniform Commercial Codes, tax liens, legal
actions, or bankruptcy petitions at this time.
GENERAL COMMENTS
CVC
Technologies, Inc., incorporated in 1998 in California, engages as a
manufacturer,
retailer, and distributor of labeling systems, packaging lines, and special
processing machines. A payment history
appears in great
condition.
A search of public records failed to reveal negative information
against
the Company. The Company has been in
operation for at least 9 years and it is considered established and responsible
for normal business transactions.
AS PER WEBSITE DETAIL
About CVC
Welcome to CVC
Technologies
Machines by CVC Technologies are recognized and sold around the world. CVC’s
machine development “philosophy” is to design each machine to include the most
advanced technology possible and to be modular for single use or to be joined
into a complete packaging line. Also, the combined manufacturing volume of
sales world wide provides greater “economy of production”. CVC’s high volume
off-shore (ISO 9001/9002 Certified) manufacturing makes it possible to provide
their customers with the finest and most reliable packaging systems combined
with local service. CVC offers total responsibility for installation, training
and on-going service.
RATING EXPLANATIONS
RATING
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STATUS |
PROPOSED CREDIT LINE |
|
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>86 |
Aaa |
Possesses an extremely
sound financial base with the strongest capability for timely payment of
interest and principal sums |
Unlimited |
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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 |
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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 |
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26-40 |
B |
Unfavourable &
favourable factors carry similar weight in credit consideration. Capability
to overcome financial difficulties seems comparatively below average/normal. |
Small |
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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 |
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<10 |
C |
Absolute credit risk
exists. Caution needed to be exercised |
Credit not recommended |