MIRA
INFORM REPORT
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Report Date : |
8th
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
DAGCAM LLC |
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Registered Office : |
11020 Audelia Road Suite B103, Dallas, Texas 75243, United States |
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Country : |
United States |
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Date of Incorporation : |
04/01/2007 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Distributor of timber and oil 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 : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name : DAGCAM LLC
Address : 11020 AUDELIA ROAD SUITE B103
City : DALLAS
State/Province : TEXAS
Zip Code : 75243
Country : UNITED STATES
Telephone : 214 340-3326
Facsimile : 214 340-5116
Legal Form : Limited Liability Company
Website : N/A
@rating Opinion :
Business Activity : Dagcam LLC., is a distributor of timber and oil products.
As of :
Sales / Revenue :
Net Income :
Total Equity :
Number of Employees : 4
NOTE TO CLIENT
Person Contacted: Mr.DAVID DUROJAIYE
Position: Chief Executive Officer
Mr.David Durojaiye comfirmed that Dagcam Corporation was registered in Texas as Dagcam LLC. He mentioned that this was a newly registered company.
NOTE: WITH REGARD TO THE REQUESTED NAME; DAGCAM CORPORATION. PLEASE BE ADVISED THAT THE SUBJECT IS NOT A CORPORATION. MANAGEMENT STATED THAT THE LEGAL ENTITY IS DAGCAM LLC. THE TEXAS SECRETARY OF STATE HAS CONFIRMED THAT THERE IS ONLY ONE LEGAL ENTITY REGISTERED IN TEXAS UNDER THE NAME DAGCAM (DAGCAM LLC).
Although limited liability companies typically have members, partners or directors. Dagcam LLC have given their senior management officer titles.
LEGAL
Legal Form : Limited Liability Company
Since (D/M/Y) : 04/01/2007
State/Province of Incorporation : TX
Status : ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
The company is registered in Texas under the following document:
Company Information : DAGCAM LLC
11020 AUDELIA RD STE B103, DALLAS, TX 75243-9065
Status : IN GOOD STANDING NOT FOR DISSOLUTION OR WITHDRAWAL through
April 2, 2008
State of Organization : TX
File Number : 0800754786
Charter/COA Date : January 4, 2007
Charter/COA Type : Charter
Taxpayer Number : 32024483722
Managers/Key Personnel
Mr. David Durojaiye Chief Executive Officer
Mr. Francis O. Dangunduro President
AFFILIATED ENTITIES
Affiliated companies related through the parent company: Camad Investments
BANKS
Bank of America
TX
Telephone: 214 341-2701
Facsimile:
Account Number: 004886110974
Account Manager: AL Campbel
The bank has been contacted and if they respond the information will be forwarded on immediately. It is our experience that these requests could take several days before a response is received.
PAYMENT HISTORY
The subject is not a large seeker of local trade credit and as such a significant payment record could not be developed.
FINANCIAL INFORMATION
Mr.David Durojaiye deferred all financial details via the telephone interview and deferred all financial information on the written request. Outside sources also failed to add any insight into the condition of the firm. Mr. Durojaiye stated that the company is in a start up position and has not completed a full fiscal year as yet. Therefore, there are no financial details to report.
CURRENT OPERATIONS
NAICS Code : 11311 Timber Tract Operations
SIC Code : 811
NAICS Code : 42 Wholesale Trade
Number of Employees: 4
Business Activity
Dagcam LLC., is a distributor of timber and oil products.
The above address is the corporate headquarters for the firm. The premises is 1200 square feet of leased space.
TRADE REFERENCES
The Subject provided one supplier reference located in India. we does not contact references outside the United States.
Tirupati Chemicals India
Contact: Anup Agarwal
Telephone: 91 9844022296
GENERAL COMMENTS
Dagcam LLC, is a start up company, incorporated in January 2007, with a business activity focusing on timber and oil product distribution. Due to the newness of this firm a payment record could not be developed. No public were traced to the firm and nothing of a negative nature was reported or noted.
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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