MIRA
INFORM REPORT
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Report Date : |
21.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
BROADHEAD GROUP,
INC |
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Registered Office : |
2500 Minton Drive,
Coraopolis, Pennsylvania - 15108 |
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Country : |
United States |
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Date of Incorporation : |
21/10/2004 |
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Legal Form : |
Corporation –
Private |
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Line of Business : |
Importer and
wholesaler of stainless steel pipe fitting 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 : |
Usually correct |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: BROADHEAD
GROUP, INC
Address: 2500
MINTON DRIVE
City: CORAOPOLIS
State/Province: PENNSYLVANIA
Zip Code: 15108
Country: UNITED
STATES
Telephone: 724
312-1573
Facsimile: 724
457-1401
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees: 1
Legal Form: Corporation
- Private
Website: www.broadhedgroup.com
Maj.
Shareholder: The Mavrich family
Business Activity: BROADHEAD GROUP, INC., is an importer
and wholesaler of stainless steel pipe fitting
products. The Company targets the North American
market.
NOTE TO CLIENT
Contact Person: Mr. Philip, C, Mavrich
Position: President
SPECIAL NOTE: THE
REPORT WAS UPADATED ON APRIL 20, 2007, AS WE WERE ABLE TO REACH THE PRESIDENT,
MR. PHILIP, C, MAVRICH. Mr. Philip, C,
Mavrich, responded to all general and financial information.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 21/10/2004
State/Province of
Incorporation: PA
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
The Company is
incorporated in the state of Pennsylvania under the following registration:
Entity Name: BROADHEAD GROUP, INC.
Entity No.: 3257690
Filing Date 10/21/2004
Letter of
Consent: No
Address: 2500 MINTON DR
CORAOPOLIS,
Pennsylvania,USA 15108
County Allegheny
Jurisdiction -
Purpose CONSULTANT TO STEEL INDUSTRY
Limited Authority No
Managers/Key
Personnel
Mr. Philip, C, Mavrich President
Mrs. Priscilla
Mavrich Vice President
OWNERS
The Mavrich
family % Majority
AFFILIATED ENTITIES
There is no
affiliated company or related businesses.
BANKS
SKY BANK
336 Fourth Ave.
Pittsburgh PA
15222
Telephone: 412
227-4860
Facsimile: 412
227-6108
Account Number: 460
447 3757
Account Manager: Ms.
Jean White
The above bank
requires a signed authorization and an account number. A written request was sent to the bank; and
the report will be amended upon receipt of a response.
PAYMENT HISTORY
There is no payment
history for the subject.
FINANCIAL INFORMATION
Mr. Philip, C,
Mavrich declined to provide financial information, citing confidentiality.
Outside sources failed to add any insight into the condition of the Firm.
CURRENT OPERATIONS
NAICS Code: 3329
Other Fabricated Metal Product Manufacturing
Number of
Employees: 1
Business Activity:
BROADHEAD GROUP,
INC., is an importer and wholesaler of stainless steel pipe fitting
products. The Company targets the North
American market. The above address is
the corporate headquarters. There are
no branch locations.
TRADE REFERENCES
The following
supplier references were provided by management.
Canada or the
Caribbean.
Attn: Mr.
Albert Lin
Name: Enni
Steel Philippines
Location: Resairo
Cavitr, Philippines
Telephone: 63 4643-71023
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Attn: Mr.
Mandeep Sethr
Name: Hot
Metal Forge
Location: Mumbai,
India
Telephone: 919 8200-39662
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Attn: Mr.
Taka Mio or Ms. Watanabe
Name: Awaji
Materia Co.
Location: Tokyo,
Japan
Telephone: 018 1332-951735
PUBLIC RECORD
A nationwide search
of legal litigations and bankruptcy courts revealed no bankruptcy petitions
under the Subject's name.
GENERAL COMMENTS
BROADHEAD GROUP,
INC., is an importer and wholesaler of stainless steel pipe fitting products
engaged in business since 2004. There
is no payment history for the subject and there are no litigations taken
against the Subject. In addition, a
nationwide search of public files and bankruptcy courts revealed no records
under the Subject's name.
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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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)