MIRA
INFORM REPORT
|
Report Date : |
21.08.2007 |
IDENTIFICATION DETAILS
|
Name : |
SIGMATEX, INC. |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
08/11/1976 |
|
|
|
|
Legal Form : |
Corporation – Private |
|
|
|
|
Line of Business : |
Manufacturer and importer of institutional textile products. |
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 : |
Regular |
|
|
|
|
Litigation : |
Exists |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: SIGMATEX, INC.
Address:
City:
State/Province:
Zip Code: 10176
Country: UNITED STATES
Telephone: 888-765-4455
Facsimile: 212-888-3859
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees: 10
Legal Form: Corporation
- Private
Website: www.sigmatexinc.com
Business Activity: The
Subject is a manufacturer and importer of institutional textile products.
NOTE TO CLIENT
Several messages were left for Ms. Helen Coe, Accounting Department; we
were unable to reach a member of Management who could provide general
information regarding the Company. Thus, general information in this report
cannot be substantiated.
Please note that we did send a written request to her attention via
facsimile. An update will be provided accordingly should we receive a response
at a later time.
LEGAL
Legal Form: Corporation
- Private
Since (D/M/Y): 08/11/1976
State/Province of Incorporation: DE
Status: ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
The Subject is incorporated in the state of
File Number: 0830859
Incorp Date / Form Date: 11/08/1976
Entity Name: SIGMATEX, INC.
Entity Kind: CORPORATION
Entity Type: GENERAL
Residency: DOMESTIC
State: DE
REGISTERED AGENT
INFORMATION
Name: THE CORPORATION TRUST COMPANY
Address: CORPORATION TRUST CENTER
City:
County: NEW CASTLE
State: DE
Postal Code: 19801
Phone: (302)658-7581
--
The Subject is qualified in the state of
Selected Entity Status Information Current Entity Name: SIGMATEX, INC.
Initial DOS Filing Date: JUNE 20, 1977
County:
Jurisdiction:
Entity Type: FOREIGN 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)
% JAGMOHAN ANAND
105-20 66 AVE.
Registered Agent
% JAGMOHAN ANAND
105-21 66 AVE.
Managers/Key
Personnel
Mr. Jagmohan Anand
President
AFFILIATED ENTITIES
As far as could be determined, there are no known affiliates or subsidiaries.
BANKS
NY
Telephone:
Facsimile:
Account Number:
Account Manager:
We were unable to obtain any banking information.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE
CUR 1- 31- 61-
CATEGORY
REPTD
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
AIR TRANS
07-06 07-06 0000000 2500
1400 100 0 0
0 0 CUST 22 YR
COMPUTERS
07-08 00-00 0000000 200
200 100 0
0 0 0
CUST 3 YR
FINCL SVCS 07-07 07-07 CONTRCT 0 0
0 0 0
0 0 SATSFTRY
OFFC SUPPL 07-07 07-07 NET 30 500
300 100 0 0
0 0 CUST 19 YR
COMPUTERS
07-01 04-12 CREDIT 7500 0
0 0 0 0 0
FACTOR
07-03 00-00 VARIED 0 0
0 0 0
0 0
FACTOR
04-11 01-10 VARIED 0 0
0 0 0
0 0
FREIGHT
06-08 00-00 VARIED 1000 1000
0 100 0 0 0
LEASING
06-04 00-00 CONTRCT 4900
0 0
0 0 0
0 CUST 1 YR
PACKAGING
04-12 00-00 NET 30 0 0
0 0 0
0 0 CUST
4 YR
PAPER PROD 05-06 00-00 NET 30 0
0 0 0
0 0 0
TRANSPORTN 04-11 00-00 VARIED 6300
0 0 0
0 0 0
CURRENT QUARTER 3000 1700
100 0 0 0 0
Payment Trends
INDUSTRY BUSINESS BALANCE
CUR 1- 31- 61-
DATE
CUR DBT DBT $ %
30 60 90 91+
--------
--- --- ---
-------- --- --- --- --- ---
20070700
0 7 0 1500 100 0
0 0 0
20070600
0 7 0 500 100 0
0 0 0
20070500
0 6 0 1800 100 0
0 0 0
20070400
0 15 3 2600 80
20 0 0 0
20070300
0 15 0 1000 100 0
0 0 0
20070200
0 15 0 1000 100 0
0 0 0
Payment History - Quarterly Averages
BALANCE CUR 1-
31- 61-
QUARTER
YEAR DBT $ %
30 60 90 91+
-------- ------ --- -------- --- --- --- --- ---
Second
2007 0 1300 100 0
0 0 0
First
2007 2 1500 89
11 0 0 0
Fourth
2006 0 1700 100 0
0 0 0
Third
2006 1 1500 94
6 0 0 0
Second
2006 0 1300 100 0
0 0 0
FINANCIAL INFORMATION
The Company was forwarded a fax requesting financial information.
Currently we have not received a response.
Other outside sources consulted could not provide any further insight
into the financial condition of this firm.
CURRENT OPERATIONS
NAICS Code: 31331 Textile and Fabric Finishing Mills
Number of Employees:
10
Business Activity:
The Subject is a manufacturer and importer of institutional textile
products.
The Company supplies to dealers and wholesalers for the following
trades:
Health Care: Hospitals, Nursing Homes, Assisted Living facilities.
Hospitality: Hotels, Motels, Resorts, Cruise Lines, Restaurants,
Residential Properties.
Service: Linen Supply, Janitorial Services, Sports and Health Clubs,
Beauty Salons.
As far can be determined the heading address is the sole location for
the Company.
The Subject has three branch locations:
PUBLIC RECORD
A search of bankruptcy courts revealed no record of the Subject filing
for bankruptcy.
The following UCC filings, civil judgments, and tax liens have been
found for the Company:
Name Searched: SIGMATEX INC.
Debtor Address: SIGMATEX, INC.
Secured Parties: THE BANK OF EAST ASIA, LIMITED
Filing Date: 12/11/2000
Filing Number: 00237459
Filing Type: CONTINUATION
Original Filing Number: 96099093
------------------------------
Name Searched: SIGMATEX INC.
Amount: $ 215.86
Attorney For Creditor: SALAS, SIMON
Creditor: NYC DEPARTMENT OF FINANCE
Debtors: SIGMATEX INC
Docket Date: 01/03/2000
Docket Type: NY CITY TAX WARRANT
Lien Type: JUDGMENTS DOCKET
Transaction Number: 31001252799
----------------------------------
Name Searched: SIGMATEX INC.
Amount: $ 14,610.75
Attorney For Creditor: SALAS, SIMON
Creditor: NYC DEPARTMENT OF FINANCE
Debtors: SIGMATEX INC
551 5 AVE FL 11
Docket Date: 07/14/2003
Docket Type: NY CITY TAX WARRANT
Lien Type: JUDGMENTS DOCKET
Transaction Number: 31001722201
-------------------------------------------
Name Searched: SIGMATEX INC.
Amount: $ 223.57
Attorney For Creditor: SALAS, SIMON
Creditor: NYC DEPARTMENT OF FINANCE
Debtors: SIGMATEX INC
Docket Date: 12/22/1997
Docket Type: NY CITY TAX WARRANT
Lien Type: JUDGMENTS DOCKET
Transaction Number: 31001049295
-------------------------------------------
Name Searched: SIGMATEX INC.
Amount: $ 50.00
Creditor: NY STATE DEP'T OF TAXATION & FINANCE
Debtors: SIGMATEX INC
444 MADISON AVE/801
NY NY 10022
Docket Date: 05/29/1991
Docket Type: NY STATE TAX WARRANT
Lien Type: JUDGMENTS DOCKET
Transaction Number: 31000318757
-------------------------------------------------------
Name Searched: SIGMATEX INC.
Amount: $ 14,610
Attorney: SALAS SIMON
Creditor: NYC DEPARTMENT OF FINANCE
Debtors: SIGMATEX INC
551 5 AV 11
Docket Number: 001722201
Filing Date: 7/14/2003
Type: JUDGMENT
----------------------------------------------------------
Name Searched: SIGMATEX INC.
Debtor Address: SIGMATEX, INC.
SIGMATEX, INC.
Secured Parties: THE BANK OF EAST ASIA, LIMITED
Filing Date: 12/7/2005
Filing Number: 0512076064063
Filing Type: CONTINUATION
Original Filing Number: 96099093
------------------------------------------------
Name Searched: SIGMATEX INC.
Debtors: SIGMATEX, INC.
Filing Date: 12/27/2000
Filing Number: 00PN62668
Filing Type: CONTINUATION
History: FILING FILING
DATE NUMBER FILING TYPE
08/07/1996 96PN34833 AMENDMENT
05/20/1996 96PN21897 INITIAL FILING
Original Filing Number: 96PN21897
Secured Party: BANK OF EAST ASIA, LIMITED
-----------------------------------------------------
Name Searched: SIGMATEX INC.
Amount: $ 1,631.44
Creditor: NY STATE DEP'T OF TAXATION & FINANCE
Debtors: SIGMATEX INC
NY NY 10022
Docket Date: 02/18/1993
Docket Type: NY STATE TAX WARRANT
Lien Type: JUDGMENTS DOCKET
Transaction Number: 31000519417
----------------------------------------------------
Name Searched: SIGMATEX INC.
Amount: $ 820.32
Creditor: NYC DEPT OF FINANCE
Debtors: SIGMATEX INC
NY NY 10017
Docket Date: 12/07/1989
Docket Type: NY CITY TAX WARRANT
Lien Type: JUDGMENTS DOCKET
Transaction Number: 31000195146
-----------------------------------------------------
Name Searched: SIGMATEX INC.
Amount: $ 1,726.07
Creditor: NY STATE DEP'T OF TAXATION & FINANCE
DEPT OF TAXATION
Debtors: SIGMATEX INC
501 5 AVE
NY NY
Docket Date: 05/03/1989
Docket Type: NY STATE TAX WARRANT
Lien Type: JUDGMENTS DOCKET
Transaction Number: 31000153130
GENERAL COMMENTS
The Subject is a manufacturer and importer of institutional textile
products since 1976. The Company has a satisfactory payment record. There were
several statements of claim found against the Subject, however, the current
status could not be determined. There was no record of the Company filing for
bankruptcy.
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. |
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 |
|
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%)