MIRA INFORM REPORT

 

 

Report Date :

14th June 2006

 

IDENTIFICATION DETAILS

 

Name :

MAXCOR, INC

 

 

Registered Office :

60 East 42nd Street Suite 2330

New York, New York                             

10165, United States

 

 

Country :

United States

 

 

Date of Incorporation :

04/09/1998

 

 

Legal Form :

Corporation – Private

 

 

Line of Business :

Engaged in metal cutting.

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 

 


 

 

IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name:                      MAXCOR, INC.

Address:                                 60 EAST 42ND STREET SUITE 2330

City:                                       NEW YORK

State/Province:                        NEW YORK                             

Zip Code:                                10165                       

Country:                                  UNITED STATES              

Telephone:                              212 400-2655                

Facsimile:                               212 661-1031

As of:

Legal Form:                             Corporation – Private

Sales / Revenue:

Net Income:

Total Equity:

Website:                                  www.maxcorinc.com

@rating Opinion:

 

Business Activity:

The Firm invests in metal cutting Firms.

 

 

 

NOTE TO CLIENT

 

Please Note:  The requested name was Maxcor, Inc. group.  The legal name of the Firm is Maxcor, Inc.  for which a report follows.

 

Person Contacted:  A message was left with the President's receptionist.  A written inquiry was also sent.  If it is returned, any new information will be immediately forwarded.

 

 

 

LEGAL

 

Legal Form: Corporation - Private                    

Since (D/M/Y):  04/09/1998

State/Province of Incorporation:  NY

Status: ACTIVE

Previous Legal Form:

Company is NOT required to publish an annual financial report.

Selected Entity Status Information

Current Entity Name: MAXCOR, INC.

Initial DOS Filing Date: SEPTEMBER 04, 1998

County: NASSAU

Jurisdiction: NEW YORK

Entity Type: DOMESTIC BUSINESS CORPORATION

Current Entity Status: ACTIVE

 

Selected Entity Address Information DOS Process (Address to which DOS will mail process if accepted on behalf of the entity)

MOSHE MEIDAR

C/O WALTER RUBENSTEIN &  CO

53 NORTH PARK AVE

ROCKVILLE CENTRE, NEW YORK, 11570

Principal Executive Office

MAXCOR, INC.

C/O WALTER RUBENSTEIN &  CO

53 NORTH PARK AVE

ROCKVILLE CENTRE, NEW YORK, 11570

Registered Agent

NONE

 

 

 

 

Managers/Key Personnel

 

Mr. Moshe Meidar                       President

 

 

AFFILIATED ENTITIES

 

The Firm invests in the following companies:

 

Cincinnati Automation &  Test

Cincinnati Machine US

Cincinnati Machine UK

CrossHuller Ex-Cell-O Lamb US

CrossHuller Ex-Cell-O Lamb Germany

Fadal Machining Centers

Giddings &  Lewis Machine Tools

Hessapp

Huller Hille

Maintenance Technologies

Witzig &  Frank

 

There are no known subsidiaries, nor divisions.

 

 

 

BANKS

 

NY

Telephone:

Facsimile:

Account Number:

Account Manager:

The primary bank could not be learned.

 

 

PAYMENT HISTORY

 

The Firm is not a major seeker of local trade credit as no payment record could be established.

 

 

 

FINANCIAL INFORMATION

 

A written inquiry was sent to management.  If it is returned, any new information will be immediately forwarded.

 

 

CURRENT OPERATIONS

 

NAICS Code:   332116    Metal Stamping

SIC Code:     3469

 

Business Activity:

The Firm invests in metal cutting Firms.

The above address is believed to be the headquarters and sole location of the Firm.

 

 

 

PUBLIC RECORD

 

There is no record of any Uniform Commercial Codes, tax liens, bankruptcy petitions, nor legal actions involving the Firm.

 

 

GENERAL COMMENTS

 

Incorporated in 1998, Maxcor, Inc. is engaged as an investor in metal cutting companies.  No payment record could be established.  No derogatory information was reported, nor noted.  The Firm is considered responsible for normal business transactions.

 

 


 

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

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

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

 

 

 

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