MIRA
INFORM REPORT
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Report Date : |
10th
November, 2006 |
IDENTIFICATION
DETAILS
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Name : |
PENTEL
OF AMERICA, LIMITED |
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Registered Office : |
2805
Columbia Street, Torrance, California
90509, United States
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Country : |
United
States |
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Date of Incorporation : |
06.12.1965 |
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Legal Form : |
Corporation
- Private |
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Line of Business : |
The Subject is a
part of a group of companies that manufacturer pens, pencils and other
related products. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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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 : |
Satisfactory
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Payment Behaviour : |
Regular
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE SUMMARY
Company
Name : PENTEL OF AMERICA, LTD.
Address : 2805 Columbia Street
City :
TORRANCE
State/Province : CALIFORNIA
Zip
Code : 90509
Country : UNITED STATES
Telephone : 310 320-3831
Facsimile : 310 533-0697
Legal
Form : Corporation -
Private
Website : www.pentel.com
@rating
Opinion :
Business Activity : The Subject is a part of a group of
companies that manufacturer pens, pencils
and other related products.
Founded
(D/M/Y) : /
/1965
As
of :
Sales
/ Revenue :
Net
Income :
Total
Equity :
Number
of Employees : 325
NOTE TO CLIENT
We
left several phone messages over several days for Mr. John Goffe who works in
the Credit Department for the subject. Additionally, the Company was forwarded
a fax requesting information.
Mr.
Goffe did not return our calls. In the event a response is received, an update
will be provided.
Please
note that information in this report could not be confirmed.
LEGAL
Legal
Form :
Corporation - Private
Since (D/M/Y): 06/12/1965
State/Province
of Incorporation : IL
Status :ACTIVE
Previous
Legal Form:
Company
is NOT required to publish an annual financial report.
The
Company is incorporated is in the State of Illinois.
Entity
Name PENTEL
OF AMERICA, LTD.
File
Number 46034864
Status
GOODSTANDING
Entity
Type CORPORATION
Type
of Corp DOMESTIC
BCA
Incorporation
Date (Domestic) 12/16/1965
State ILLINOIS
Agent
Name JOHN
MARBURY
Agent
Change Date 10/12/2005
Agent
Street Address 1100-1150
ARTHUR AVE
President
Name & Address ISSEKI NAKAYAMA
22619 DRAILLE DRIVE TORRANCE CA
90505
Agent
City ELK
GROVE VILLAGE
Secretary
Name & Address SHIRO MAEZAWA
20122 MANSEL AVENUE TORRANCE CA
90503
Agent
Zip 60007
Duration
Date PERPETUAL
Annual
Report Filing Date 00/00/0000
For
Year 2006
The
Company is qualified in California.
PENTEL
OF AMERICA, LTD.
Number : C0513484
Date
Filed : 8/9/1966
Status : active
Jurisdiction : ILLINOIS
Address
2715
COLUMBIA ST
TORRANCE,
CA 90509
Agent
for Service of Process
ISSEKI
NAKAYAMA
2715
COLUMBIA ST
TORRANCE,
CA 90509
Managers/Key Personnel
Mr.
Isseki Nakayama President
Mr.
Hidemitsu Takahashi Chief
Financial Officer
Mr.
Shiro Maezawa Secretary
Mr.
Martin Furman Chief Operating Officer
As
far as could be determined, there are no known subsidiaries.
Other Affiliates
Pentel
Stationary of Canada
BC
CANADA
Pentel
Stationary of America
CA
UNITED
STATES
Euro
Pentel S.A. France
FRANCE
Pentel
CO. Japan
JAPAN
Pentel
Australia PTY.
NSW
AUSTRALIA
BANKS
Telephone:
Facsimile:
Account
Number:
Account
Manager:
We
could not obtain any banking information.
PAYMENT HISTORY
BUSINESS DATE LAST
PAYMENT CREDIT BALANCE CUR 1-
31- 61-
CATEGORY REPTD SALE TERMS
$ $ %
30 60 90 91+ COMMENTS
---------- ----- ----- ------- -------- -------- --- --- --- ---
--- --------
ADVERTISNG 06-10 00-00 NET 30
0 0 0
0 0 0 0 CUST
3 YR
AIR TRANS 06-08 06-08
0000000 15700 400 60
0 0 0 40 CUST 18 YR
COMPUTERS 06-09 06-07
CREDIT 15000 0 0 0
0 0 0 ACCTCLOSED
DP EQUIP 06-07 00-00 NET
30 100 0 0 0
0 0 0
FACTOR 06-08 06-03 NET
30 13900 0 0 0
0 0 0
FOOD 06-09 06-05 NET
30 700 0 0 0
0 0 0
FREIGHT 06-09 06-07
VARIED 92500 17600 0 0
100 0 0
GENERAL 06-09 00-00
CONTRCT 0 0 0
0 0 0 0
LUMBR& WOOD 06-09 06-07 VARIED 6100 6100 0
0 100 0 0
CUST 4 YR
MANUFCTRNG 06-10 06-09 VARIED
113500 33800 100 0
0 0 0 CUST 5 YR
OFFC SUPPL 06-10 05-05 NET 30
500 0 0
0 0 0 0 CUST 14 YR
OFFC SUPPL 06-08 98-02 CREDIT
0 0 0
0 0 0 0 ACCTCLOSED
OFFC SUPPL 06-09 03-03 CREDIT
0 0 0
0 0 0 0 ACCTCLOSED
PACKAGING 06-10 06-09
1/10N30 901200 0 0
0 0 0 0
PACKAGING 06-10 00-00 NET
30 1000 0 0 0
0 0 0 CUST 8 YR
PLUMBING 06-09 04-01
NET30 0 0 0 0
0 0 0 CUST 7 YR
TEMP HELP 06-07 00-00 NET
30 51700 15800 95 0
0 3 2
TRUCK DLR 06-09 00-00
CONTRCT 59400 4800 47
53 0 0 0
WAREHOUSE 06-09 00-00
VARIED 0 0 0 0
0 0 0 ACCTCLOSED
AIR TRANS 05-12 00-00 NET
30 4400 0 0 0
0 0 0 CUST 14 YR
AUTO LEASE 05-01 00-00 VARIED
16000 0 0
0 0 0 0 CUST
5 YR
BUS SERVCS 06-03 06-02 NET 30
0 0 0
0 0 0 0
CELLUL/PAG 06-02 06-01 NET 30
100 0 0
0 0 0 0 CUST
3 YR
COMPUTERS 04-02 00-00 NET
30 0 0 0
0 0 0 0
COMPUTERS 06-06 06-05
0000000 4300 100 0
100 0 0 0
CRED CARD 06-08 06-08
N30PRXO 3600 2300 100 0
0 0 0 CUST 38 YR
DP SUPPLY 05-07 05-05 NET
30 9600 0 0 0
0 0 0 CUST 1 YR
ELEC MFG 04-03 03-11 NET
30 1900 100 100 0 0
0 0
GENERAL 05-02 04-07 NET
30 500 100 100 0 0
0 0 CUST 20 YR
INDUS SUPL 04-10 00-00 NET 30
0 0 0
0 0 0 0 CUST 10 YR
MANUFCTRNG 04-02 00-00 NET 30
0 0 0
0 0 0 0
MANUFCTRNG 05-02 00-00 NET
500 500 100 0
0 0 0 CUST 5 YR
MED SUPPLY 06-04 00-00 VARIED
100 100 95
0 5 0 0
OFFC SUPPL 05-11 02-04 CREDIT
0 0 0
0 0 0 0 CUST
11 YR
OFFC EQUIP 05-06 05-05 NET 30
615300 1300 0
100 0 0 0
CUST 7 YR
PACKAGING 05-04 98-05 NET
30 0 0 0 0
0 0 0
PLBG& HTNG 05-09 05-03
2/10N30 200 0 0
0 0 0 0 CUST 13 YR
SAFTY PROD 06-03 00-00 NET 30
300 300 100 0
0 0 0
TEMP HELP 06-03 06-03
ROI 19100 5300 0 100 0
0 0
TELECOM 06-08 06-06 NET
30 200 0 0 0
0 0 0 CUST 20 YR
TRANSPORTN 04-11 00-00 VARIED
100 0 0 0 0 0
0
CURRENT QUARTER
1271300 78500 65
3 30 1 1
Payment Trends
INDUSTRY
BUSINESS BALANCE CUR 1-
31- 61-
DATE CUR DBT
DBT $ %
30 60 90 91+
-------- --- ---
--- -------- --- --- ---
--- ---
20061000 0 6 7 161700 83
2 15 0 0
20060900 0 5 6 89300 72
26 0 1 1
20060800 0 6 6 258400 73
19 8 0 0
20060700 0 6 2 187900 89
11 0 0 0
20060600 0 6 0 157400 99
1 0 0 0
20060500 0 5 0 152300 100 0
0 0 0
Payment History - Quarterly Averages
BALANCE CUR 1- 31- 61-
QUARTER YEAR DBT $ % 30
60 90 91+
-------- ------
--- -------- --- --- ---
--- ---
Third 2006 6 159700 76 15
9 0 0
Second 2006 1 166000 95 5
0 0 0
First 2006 3 172700 83 16
1 0 0
Fourth 2005 3 117000 82 17
1 0 0
Third 2005 5 120900 71 28
1 0 0
FINANCIAL INFORMATION
We
could not obtain any financial information about the Company.
CURRENT OPERATIONS
NAICS
Code : 339941 Pen and Mechanical Pencil Manufacturing
SIC
Code : 3951
Number
of Employees : 325
Business Activity
The
Subject is a part of a group of companies that manufacturer pens, pencils and
other related products.
The
Company's products include pens, liquid ink ball pens, porous point pens,
plastic point pens, mechanical pencils, markers, art materials, sliding sleeve
automatic pencils and, leads, and computer peripherals and robotics.
As
far as could be determined, there are no known branches.
PUBLIC RECORD
The
following UCC and civil filings were found.
Name
Searched : PENTEL OF AMERICA LTD
Debtors : PENTEL OF AMERICA LTD
[BUSINESS]
2805 COLUMBIA ST
TORRENCE, CA 90509
Filing
Date : 03/05/2001
Filing
Number : 0106660302
Secured
Party : CANON FINANCIAL
SERVICES, INC. [BUSINESS]
200 COMMERCE SQUARE BLVD
BURINGTON, NJ 08016
Status : UNLAPSED
Type : FINANCING
STATEMENT
Name
Searched : PENTEL OF AMERICA LTD
Debtors : PENTEL OF AMERICA
LIMITED INCORPORATED [BUSINESS]
2715 COLUMBIA ST
TORRANCE, CA 90509
Filing
Date : 07/19/2000
Filing
Number : 0020660112
Secured
Party : ASSOCIATES LEASING,
INC. [BUSINESS]
8001 RIDGEPOINT DR
IRVING, TX 75063
Status : UNLAPSED
Type : FINANCING
STATEMENT
Mailing
Address : 2715 COLUMBIA ST
Name
Searched : PENTEL OF AMERICA LTD
Case
Name : Garcia Lionela v.
Pentel of America LTD., et al
Case
Type : CIVIL
Civil
Case Number : BC 349476
Filing
Date : 03/23/2006
Secured
Party : PLAINTIFF DEFENDANT
COMMENT
Garcia
Lionela Pentel of America LTD.
Garcia
Lionela Remedy Temp Inc.
Garcia
Lionela Remedy Temporary Services In
Name
Searched : PENTEL OF AMERICA LTD
Party
Address : 2715 COLUMBIA ST
TORRANCE, CA 90509
Amount : $ 158
Creditor : COUNTY OF LOS ANGELES
Debtors : PENTEL OF AMERICA LTD
Entered : 01/21/1997
Number : 9798521
Type : COUNTY TAX LIEN
A
search of bankruptcy courts revealed no record of the Subject filing for
bankruptcy.
GENERAL COMMENTS
The
Subject is a well established designer and manufacturer of pen and related
products operating since 1966. Payment history indicates that the Subject is
efficient with its payments. Legal indicate no negative litigation taken
against the Subject.
RATING EXPLANATIONS
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RATING |
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 |
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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 |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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