MIRA INFORM REPORT

 

 

Report Date :

9th November, 2006

 

IDENTIFICATION DETAILS

 

Name :

ARCTERN INC.

 

 

Registered Office :

10332 Main Street, Fairfax, Virginia 22030, United States

 

 

Country :

United States

 

 

Date of Incorporation :

16.06.2004

 

 

Legal Form :

Corporation - Private

 

 

Line of Business :

The Subject firm provides manpower resources for software development, engineering, web design, technical support, call center operations, sales and marketing, customer service, accounting and administration

 

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 : ARCTERN INC.

Address                        : 10332 MAIN STREET

City                              : FAIRFAX

State/Province               : VIRGINIA                             

Zip Code                       : 22030                       

Country                         : UNITED STATES               

Telephone                     : 800 231-4973                

Facsimile                      : 703 991-2525                

Legal Form                    : Corporation - Private

Website                        : www.arctern.com

@rating Opinion :

Business Activity           : The Subject firm provides manpower resources for software development,

                                      engineering, web design, technical support, call center operations, sales and

                                      marketing, customer service, accounting and administration.      

As of                             :

Sales / Revenue :

Net Income                    :

Total Equity                   :

Number of Employees    : 10

 

 

NOTE TO CLIENT

 

Management was not available for an interview per business policy. The receptionist declined to provide information, however reported that the Subject firm has always been located in Faifax, VA and was not familiar with the address provided on your request of 4607 Duke Street, Alexandria, VA 22304 as a location for Arctern, Inc.

 

The address address provided of 10332 Main Street, #150, Fairfax, VA 22030 was reported as the correct address for Arctern, Inc.

 

Calls placed to the telephone number provided of 800-231-4973, and utilizing the telephone extention provided of 130, were answered by voice messaging, however did not identify whom reached. We left messages for Arctern Inc. to contact our offices, however a reply has not been received.

 

The information provided in this report was obtained from the Subject's web site and through outside business information sources consulted.

 

 

LEGAL

 

Legal Form                                : Corporation - Private                     Since (D/M/Y):  16/06/2004

State/Province of Incorporation    :  VA

Status                                       : ACTIVE

 

Previous Legal Form:

 

Company is NOT required to publish an annual financial report.

CORP NAME: Arcturn, Inc.

DATE OF CERTIFICATE :  06/16/2004

FILE NUMBER                          : 0618908

STATE OF INCORPORATION     : VIRGINIA

REGISTERED AGENT NAME     : BIJAL MEHTA

  10332 MAIN ST #150

   FAIRFAX VA  22030

 

 

Managers/Key Personnel

 

Mr. Bijal Mehta                          Director

Mr. Kamal Mehta                        Financial Director

 

 

AFFILIATED ENTITIES

 

There are no affiliated, parent or subsidiary firms as far as could be learned.

 

 

BANKS

 

Unavailable

 

VA

Telephone:

Facsimile:

Account Number:

Account Manager:

The name of the primary bank could not be obtained either directly from management or from public.

 

 

PAYMENT HISTORY

 

The Subject is not a general seeker of local trade credit and trade references were not available from the Subject firm when contacted.

 

 

FINANCIAL INFORMATION

 

Financial data was not available when contacted. This is a privately held firm and it is not required to make its financial statements available for public view.

 

 

CURRENT OPERATIONS

 

NAICS Code                  : 5614      Business Support Services

 

Number of Employees    : 10

 

 

Business Activity

 

The Subject firm provides manpower resources for software development, engineering, web design, technical support, call center operations, sales and marketing, customer service, accounting and administration.

The Subject is listed as operating from the heading address. There were no additional locations found.

 

 

PUBLIC RECORD

 

A search of public records revealed no Uniform Commercial Codes, legal actions or bankruptcy petitions.

 

 

GENERAL COMMENTS

 

The Subject firm has been operating since 2004, engaged in providing manpower resources for software development, engineering, web design, technical support, call center operations, sales and marketing, customer service, accounting and administration. Management was not available for an informative interview.

 

 


 

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

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

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