MIRA
INFORM REPORT
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Report Date : |
24.01.2007 |
IDENTIFICATION DETAILS
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Name : |
HELICOIL
NOBLE ENTERPRISES DIVISION OF NOBLE FASTOTECH PRIVATE LIMITED |
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Registered Office : |
307 Raja House, |
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Country : |
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Financials (as on) : |
-- |
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Date of Incorporation : |
23.07.2004 |
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Com. Reg. No.: |
127842 |
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CIN No.: [Company
Identification No.] |
U51909DL2004PTC127842 |
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TAN No.: [Tax
Deduction & Collection Account No.] |
DELM13658B |
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PAN No.: [Permanent
Account No.] |
AAEFN0935D |
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Legal Form : |
Private
limited liability company. |
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Line of Business : |
Dealers of :
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RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
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Status : |
Small
company |
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Payment Behaviour : |
Unknown
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Litigation : |
Clear |
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Comments : |
Subject
appears to be a small marketing concern and not much known in the engineering
industry. It markets products of British suppliers in the region of Rs. 4.000
/ 5.000 Millions annually [as per estimates]. No
payment are known due to the nature of activity. The
concern can be considered for small business dealings on fully safe and
secured trade terms and conditions. |
LOCATIONS
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Registered Office : |
307
Raja House, |
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Tel. No.: |
91-11-41617246
/ 41617274 |
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Mobile No.: |
91-9313988499
/ 9310988499 |
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Fax No.: |
91-11-41617271 |
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E-Mail : |
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Website : |
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Area : |
Small
area |
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Location : |
Leased
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DIRECTORS
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Name : |
Mr. R.
K. Singh |
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Designation : |
Director
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Mobile No.: |
91-9310988499 |
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Name : |
Mr.
Adarsh Shishoo |
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Designation : |
Director
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Mobile No.: |
91-9313988499 |
BUSINESS DETAILS
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Line of Business : |
Dealers of :
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Products : |
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Agencies Held : |
Armstrong
Fasteners, |
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Imports from : |
U. K. |
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Terms : |
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Selling : |
Cash
and Credit |
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Purchasing : |
L/C |
GENERAL INFORMATION
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Customers : |
Wholesalers,
Retailers and End Users |
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No. of Employees : |
6 |
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Bankers : |
Not
divulged |
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Banking Relations : |
Unknown
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Associates/Subsidiaries : |
Nil |
CAPITAL STRUCTURE
Authorised
Capital :
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No.
of Shares |
Type |
Value |
Amount |
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10000 |
Equity
Shares |
Rs. 10/- each |
Rs. 0.100 Millions |
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Issued,
Subscribed & Paid-up Capital :
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No.
of Shares |
Type |
Value |
Amount |
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10000 |
Equity
Shares |
Rs. 10/- each |
Rs. 0.100 Millions |
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FINANCIAL DATA
[all figures are in Rupees Millions]
No
financials are available from any sources.
Management
although assured to provide require details but never parted.
The
company is in default when no documents appear to have been filed since
incorporation of the company.
LOCAL AGENCY FURTHER INFORMATION
As Per Website
Noble Enterprises have years of rich experience in
serving Original Equipment Manufacturers and Replacement Markets for products
related to HeliCoil System and Fastening Technology.
Managed by a team of qualified professionals their
endeavor has been to provide a complete Design & Product Application
support besides selling the best quality and leading international makes of the
products to the industry.
Their product portfolio includes HeliCoil, Stainless
Steel Screws, Special Fasteners, Aerospace and Aeronautic Fasteners, Repair and
Maintenance Tools.
HeliCoil product category covers the full range of
Helicoil Wire Thread Inserts, Helicoil Free Running Inserts , Screw Locking
Inserts , Helicoil inserts of NIMONIC , NITRONIC & INCONEL Metals in
addition to Stainless Steel and DTD 734, Thread Repair Kits , Helicoil
Professional Kits , Helicoil Installation Tools, Helicoil Thread Taps ,
Helicoil Thread Plug Gauges , Helicoil Extraction Tools , Helicoil Manual Tang
Break off Tool, Helicoil Automatic Spring Loaded Tang Break off Tool, Automatic
& Semi-Automatic equipment for Helicoil installation.
They are distributors in
They are Master Distributors in 
and related Helicoil Products being
manufactured by ArmStrong Fastening Systems Of U.K.
Product
Description
HeliCoil Thread Repair Kits are used for creating
stronger internal threads in all metals, composites, polymers and other
materials by repairing damaged or stripped internal threads and regaining the
original size.
HeliCoil Thread Repair Kit creates longer lasting
threads, avoids thread over sizing, increases possibility of higher torque
application, significantly reduces the bolt breaking problems & protects
against corrosion.
HeliCoil
Kit & Configuration
HeliCoil Thread Repair Kits are available in metric
series from range M2 to M56, in imperial series UNC/UNF & BSW/BSF starting
from # 2-64 / 2-56 to 1-1/4 inch.
HeliCoil Thread Repair Kit comes as a sturdy plastic
carrying case. It contains an HSS-threading tap; insert installation tool, a
drill bit, tang breaking pin & complimentary stainless steel inserts.
Wire
Thread Inserts
HeliCoil
Insert System
HeliCoil is a Thread Insert used for creating stronger
internal threads in soft metals and also for repairing damaged or stripped
internal threads by regaining the original size.
HeliCoil Inserts provide positive means for protecting
and strengthening all tapped threads. It protects tapped threads against wear
and damage in all metals and other materials. HeliCoil Inserts develop maximum
clamping load and bolt tension through efficient use of applied torque.
HeliCoil
Material
HeliCoil Inserts or Wire Thread Inserts are made of
cold rolled 18-8 grade Stainless Steel to AMS 7245 & MIL-I-8846 . This wire
is cold rolled to a diamond cross section producing an ultimate tensile
strength of approximately 1375-1725 MPa, mirror like surface finish of 2-4
Microns and flank hardness of RC 43-50 which is far in excess of the usual
tapped materials and best suited for most of the industrial needs. HeliCoil
Inserts can also be supplied in other materials such as SS-316, Inconel,
Nimonic 90, Phosphorus Bronze, Beryllium Copper and with special coating and
plating requirements such as Cadmium plating, Silver plating, Zinc plating and
dry film lubricants, Anti- Corrosion / Salt spray resistant coatings.
HeliCoil
Types & Range
HeliCoil standard range is available in Stainless
Steel AISI-304/ DTD 734, metric series ranges from M1.6, M2 to M56 & in
unified series from UNC / UNF 2-56 to 1-1/4 inch. HeliCoil Inserts are
available as free running and thread locking or screw locking inserts as a
standard product in both metric and imperial range.
HeliCoil is also available in tape feed or reel
mounted form, which are best suited for significantly reducing the installation
time using power tool for installation of inserts.
Free
Running Inserts
In the
HeliCoil
Screw Lock Inserts.
It comes in Metric Coarse, Metric Fine, UNC and UNF
varieties. It provides an exclusive, resilient internal locking thread that
grips the bolt and prevents it from loosening under vibration or impact. One or
more coils of the insert, having a series of straight segments/ chords, achieve
locking action. It permits repeated assembly and disassembly and will not relax
their grip on the screw even in tough metals such as cast iron, alloy steel,
titanium, etc. It positively secures threaded members against loosening caused
by vibration and shock. It has a high reusable factor permitting frequent
removal and reassembly of bolt without appreciable loss of torque. It has
positive self-locking torque, complying with MIL-I-8846 & MIL-N-25027. It
eliminates the usage of lock wiring, lock nuts, lock washers, chemical compounds,
plastic pellets/ patches and other locking mechanisms. The inserts are
subjected to extensive tests in tension, torque, shear, vibration and fatigue,
conducted by the American & European companies. Its applications include
sectors like Aviation & Aerospace, Electronics, Industrial, Automotive and
Military.
Installation
Tools
Helicoil Insertion Tools - Prewinder Type are
available as both plain slotted and threaded mandrel captive prewinders
rangining from size M1.6 , M2 – M42 and in UNC/UNF from #2-64 / 2-56 onwards .
Prewinder tools are best suited for easy & fatigue
free installation of inserts in production line to achieve a high quality of
insert installation & prevent jumping of coil threads. Threaded mandrel
prewinders are also best recommended for successful installation of screw
locking inserts and inserts having a fine thread pitch.
Thread
Cutting Taps
Helicoil Threading Taps are available in HSS material
as standardproduct and as specials in HSSE or HSS with High Cobalt
contents. Helicoil taps are designed and manufactured of high speed steel to
the most rigid specifications in various types and styles to produce holes for
Tolerance Classes 4H/5H and 6H in Metric series and 2B/3B in UNC/UNF series for
use in the general range of aluminums, magnesiums, mild steels and alloy steels
.
Types of
taps:
- Hand taps ;
Roughing , Finishing & Bottoming Style
- Spiral Pointed
Machine Taps
- Spiral Fluted
Machine Taps
- Roll Thread
Taps - Thread Forming Machine Taps
Tapping
Conventional shop practice and production procedures,
speeds, feeds and lubricants should be used in combination with proper
fixturing and good tapping machines or tapping heads.
The tapped hole must be held within the stated pitch diameter limits for the
required Tolerance Class of fit for the installed HeliCoil Insert.
Surface Finishes
When anodizing, Iridite or other finishes are used, all tapped hole dimensions
must be met after finishes are applied.
Gauges
Helicoil Gauges are available as Go/No Go thread plug
gauges for inspection of tapped holes prior to HeliCoil fitment. The gauges are
available in 5H/6H class for Metric sizes and 2B/3B for UNC/UNF sizes.
Tang
Break-Off Tools
The driving tangs of HeliCoil Inserts should be
removed to eliminate their interference with the end of the assembled bolt.
Their removal provides greater latitude in the depth location of the bolt.
Manual Tang Break-Off Tools are available for use with inserts up through 18mm
/ 3/4" nominal diameter.
Auto /Spring Loaded Tang Break-Off Tools are available
for use with inserts up through 12mm / 1/2" nominal diameter.
The operation of Auto Tang Break-Off Tools is
automatic, having a spring loaded, easily triggered punch that strikes a sharp,
uniform blow against the tang of the installed insert. It can be operated with
one hand.
For larger sizes use long nosed pliers. Bend tang up and down to snap off at
notch.
Extraction Tools
TooIs to remove HeliCoil Inserts are available for
ranges M2 – M2.2 , 2.5 - 4.5mm,#3 - #8,. 5 - 10mm, #10 - 3/8" , 11 -
24mm, 7/16" - 1" , 27 - 39mm, 1-1/8" -
1-1/2"
Extraction is done by applying the tool to the insert,
striking the head of the tool a light blow and turning it counterclockwise,
maintaining steady downward pressure.
Vacuum
type Broken tang removal tool
This is a pneumatic operated tool suitable for
applications where the broken tang needs to be easily removed from narrow holes
in a mass production line.
Automation
Equipment
Standard Equipment for Automatic & Semi- Automatic
installation of Helicoils are available for production lines to meet the user
requirements. Lowest installed cost is realised with Power Tools and Tape Feed
- production rates up to 800 or more inserts per hour with little or no waste.
Reel mounted / Tape Feed inserts are available & are best suited for
automation application.
Inserts
for Plastics
These inserts are brass screw machine products
designed to provide strong metal threads in plastic components , available with
various knurl and undercut patterns to suit almost any threaded assembly
application in plastic and can be installed in a variety of ways including
ultrasonic welding, hot or cold press-in, mold-in and self threading.
The
HeliCoil System
Helicoil is a thread insert used for creating stronger internal threads in soft
metals & also for repairing damaged or stripped internal threads.
HeliCoil Inserts provide positive means for protecting and strengthening all
tapped threads. They are mirror-smooth, reinforced internal threads of cold
rolled 18-8 stainless steel, or other space age material, with hardness far in
excess of the usual tapped materials.
Protects tapped threads against wear and damage in all metals and their alloys
- aluminium, magnesium, titanium, copper, steel, as well as in plastics and
other materials. HeliCoil Inserts develop maximum clamping load and bolt
tension through efficient use of applied torque. Their smooth rolled thread
surface assures most effective use of high strength alloy steel bolts.
Genuine Helicoil are used as original equipment part by industry such as
Aerospace, Aeronautics, Avionics, Defense, Automotive, Heavy Engineering, Power
Generation, Electronics & Telecommunication, Electrical & Light
Engineering, also in the Repair and Maintenance of plastic molds, Dies ,
Machine tools , and plant-utility equipment.
Infrastructure
They have an effective system in place to provide best
of the product support to Design Engineers & Product Users , Timely
supplies to OEM’s against scheduled orders and also a good distribution network
for easy availability of the product across the country.
The Quality System Management of Armstrong Fastening Systems product range
conforms to ISO:9000 : 2000 & AS:9100 : 2003. Genuine HeliCoil is also
approved by some of the most prestigious names in the field, such as Rolls
Royce Aerospace,CAA(Civil Aviation Aurthority), SBAC(Society of British
Aerospace Companies), Hawker Raytheon, Airbus Industries, Messier Dowty, BAE systems
and British Aerospace, Britax Rumbold ,GE Medical Systems, Siemens, Delphi,
Hindustan Aeronautics Limited, ISRO, Bharat Electronics Limited, Bharat Heavy
Electricals Limited and Bharat Dynamics Limited.
CMT REPORT [Corruption, Money laundering & Terrorism]
The
Public Notice information has been collected from various sources including but
not limited to: The Courts,
1] INFORMATION
ON DESIGNATED PARTY
No records exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court
Declaration :
No records exist to suggest that subject is or was the subject of any
formal or informal allegations, prosecutions or other official proceeding for
making any prohibited payments or other improper payments to government
officials for engaging in prohibited transactions or with designated parties.
3] Asset
Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record
on Financial Crime :
Charges or conviction registered
against subject: None
5] Records
on Violation of Anti-Corruption Laws :
Charges or investigation registered
against subject: None
6] Records
on Int’l Anti-Money Laundering Laws/Standards :
Charges or investigation registered
against subject: None
7] Criminal
Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation
with Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation
Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA
INFORM as part of its Due Diligence do provide comments on Corporate Governance
to identify management and governance. These factors often have been predictive
and in some cases have created vulnerabilities to credit deterioration.
Our
Governance Assessment focuses principally on the interactions between a
company’s management, its Board of Directors, Shareholders and other financial
stakeholders.
CONTRAVENTION
Subject
is not known to have contravened any existing local laws, regulations or
policies that prohibit, restrict or otherwise affect the terms and conditions
that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US
Dollar |
1 |
Rs.44.23 |
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1 |
Rs.87.56 |
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Euro |
1 |
Rs.57.61 |
SCORE & RATING EXPLANATIONS
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SCORE FACTORS |
RANGE |
POINTS |
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HISTORY |
1~10 |
3 |
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PAID-UP CAPITAL |
1~10 |
3 |
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OPERATING SCALE |
1~10 |
3 |
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FINANCIAL CONDITION |
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--BUSINESS SCALE |
1~10 |
3 |
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--PROFITABILIRY |
1~10 |
3 |
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--LIQUIDITY |
1~10 |
3 |
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--LEVERAGE |
1~10 |
3 |
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--RESERVES |
1~10 |
3 |
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--CREDIT LINES |
1~10 |
3 |
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--MARGINS |
-5~5 |
- |
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DEMERIT POINTS |
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--BANK CHARGES |
YES/NO |
NO |
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--LITIGATION |
YES/NO |
NO |
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--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
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MERIT POINTS |
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--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
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--EXPORT ACTIVITIES |
YES/NO |
NO |
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--AFFILIATION |
YES/NO |
NO |
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--LISTED |
YES/NO |
NO |
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--OTHER MERIT FACTORS |
YES/NO |
YES |
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TOTAL |
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27 |
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%)
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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