MIRA INFORM REPORT

 

 

Report Date :

06.07.2007

 

IDENTIFICATION DETAILS

 

Name :

PERKINELMER LAS, INC.

 

 

Registered Office :

940 Winter Street, Waltham, Massachusetts - 02451                       

 

 

Country :

United States               

 

 

Financials (as on) :

31.12.2006

 

 

Date of Incorporation :

30/06/1997

 

 

Legal Form :

Corporation – Private

 

 

Line of Business :

Provider of precision instrumentation, chemistries, software and services for a wide range of scientific and laboratory applications

 

 

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 :

Clear

 

 


IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name:            PERKINELMER LAS, INC.

Address:                       940 WINTER STREET

City:                             WALTHAM

State/Province:              MASSACHUSETTS                        

Zip Code:                      02451                       

Country:                                    UNITED STATES               

Telephone:                    781 237-5100                

Facsimile:                     781 237-9386                   

As of:

Sales / Revenue:

Net Income:

Total Equity:

Number of Employees:   8,500

Legal Form:                   Corporation - Private

Website:                       las.perkinelmer.com

Maj. Shareholder:           PerkinElmer Holdings, Inc.

Business Activity:          The Company is a provider of precision instrumentation, chemistries, software and

                                    services for a wide range of scientific and laboratory applications, including genetic

                                    screening, drug discovery and

 

 

NOTE TO CLIENT

 

Person Contacted: Ms. Kim Cotten, Executive Administrator.

 

NOTE: The provided name; PERKINELMER LIFE SCIENCE, INC. is a trade style for the Firm known as PERKINELMER LAS, INC.

 

NOTE: The provided address; 331 Treble Cove Road, North Billerica, MA 01862 belongs to the company; Bristol-Myers Squibb Medical Imaging, Inc. which has leased manufacturing and development space to the Firm.

 

NOTE: The employee number provided is the Firm's Ultimate Public Parent Company's global employee count. We could not obtain the Firm's single employee numbers.

 

 

LEGAL

 

Legal Form:                               Corporation - Private

Since (D/M/Y):                           30/06/1997

State/Province of Incorporation:   DE

Status:                                                  ACTIVE

Previous Legal Form:

 

Company is NOT required to publish an annual financial report.

 

The Delaware registration:

 

File Number: 2731075

Incorporation Date: 03/26/1997

Entity Name: PERKINELMER LAS, INC.

Entity Kind: CORPORATION

Entity Type: GENERAL

Residency: DOMESTIC

State: DE

REGISTERED AGENT INFORMATION

Name: THE CORPORATION TRUST COMPANY

Address: CORPORATION TRUST CENTER 1209 ORANGE STREET

City: WILMINGTON

County: NEW CASTLE

State: DE

Postal Code: 19801

Phone: (302)658-7581

--

The Commonwealth of Massachusetts

PERKINELMER LAS, INC.

The name was changed from:   NEN LIFE SCIENCE PRODUCTS, INC.

On 5/9/2003

The name was changed from:   PERKINELMER LIFE SCIENCES, INC.

On 5/9/2003

The name was changed from:   NEN ACQUISITION, INC. on  3/18/1998

Entity Type: Foreign Corporation

Identification Number: 043361624

 

The is organized under the laws of:

State: DE on: 03/26/1997

The location of its principal office: 45 WILLIAM STREET

                                                      WELLESLEY MA 02481-4008

The location of its Massachusetts office, if any:

549 ALBANY ST.

BOSTON   MA  02118-2512

Name and address of the Registered Agent: Name:

C T CORPORATION SYSTEM

155 FEDERAL STREET

BOSTON MA    2110

----

 

 

Managers/Key Personnel

 

Mr. Robert Friel                          President

Mr. Robert Wylie                       Vice President

 

 

OWNERS

 

PerkinElmer Holdings, Inc.                      76.00%      Majority

Packard BioScience Holding, B.V.                      24.00         Minority

 

 

AFFILIATED ENTITIES

 

AFFILIATES:

Lumen Technologies, Inc.

PerkinElmer Optoelectronics NC, Inc.

PerkinElmer Receivables Company

PerkinElmer Holdings, Inc.

NTD Laboratories, Inc.

PerkinElmer Automotive Research, Inc.

Perkin-Elmer Argentina S.R.L.

PerkinElmer Pty. Ltd.

PerkinElmer VertriebsgmbH

Euroscreen Products S.A.

PerkinElmer NV

PerkinElmer do Brasil Ltda.

PerkinElmer BioSignal, Inc.

PerkinElmer Canada, Inc.

PerkinElmer Investments Ltd. Partnership

PerkinElmer Sciex Instruments

PerkinElmer Instruments International Ltd.

PerkinElmer Optoelectronics Philippines, Inc.

PerkinElmer Chile Ltda.

PerkinElmer Instruments (Shanghai) Co. Ltd.

PerkinElmer Industrial (Shenzhen) Ltd.

PerkinElmer Danmark A/S

PerkinElmer Oy

PerkinElmer Finland Oy

Wallac Oy

PerkinElmer SAS

Evotec Technologies GmbH

PerkinElmer Elcos GmbH

PerkinElmer Holdings GmbH

Packard BioScience Holding, B.V.

PerkinElmer International C.V.

 

Parent Companies

 

Ultimate Parent:   Perkinelmer Inc.

                             940 Winter Street

                             Waltham MA 02451

                             UNITED STATES

                             Telephone:    +1-781-663-6900

 

 PERKINELMER ANNUAL REPORTS;

 

                       12/31/2006            1/1/2006             1/2/2005

 Toal Revenue          $1,546,358          $1,473,831           $1,687,231

 Cost of Revenue         $918,287            $859,295           $1,006,678

 

 Gross Profit            $628,071            $614,536            $680,553

 Operating Expenses

 Research and Development $99,719             $87,371               87,050

 Sales, General and Admin.$376,849           $365,457             $387,543

 Non-Recurring Items       ($1,899)           $20,757              409,041

 

 Other Operating Items         $0                  $0               28,481

 Operating Income         $153,402            $40,951              177,070

 Interest Expense           $9,157            $27,291               40,323

 Earnings Before Tax      $150,736            $66,660             $136,747

 Net Income Operations    $118,324            $66,532              $98,252

 

 Discontinued Operations    $1,259            201,576              $2,209)

 

 Net Income               $119,583            $268,108             $96,043

 

 shareholders               $119,583            $268,108           $96,043

 

PKI PerkinElmer, Inc.

Common Stock Market :             NYSE

Last Sale:                                 $ 26.13

52 Week High:                           $ 27.11 52 Week Low: $ 16.31

 

P/E Ratio:                                 29.36

Shares Outstanding:                  119,759,000

Earnings Per Share (EPS):         $ 0.89

Market Value:                            $ 3,129,302,670

 ----

SUBSIDIARIES:

 

PerkinElmer Life Sciences (Bermuda) Ltd.

PerkinElmer LAS Canada Inc.

PerkinElmer LAS (Germany) GmbH

PerkinElmer Life and Analytical Sciences B.V.

PerkinElmer Life Sciences International Holdings Ltd.

PerkinElmer LAS (UK) Ltd.

PerkinElmer Life Sciences Instruments LLC

Carl Consumable Products LLC

Vivid Technologies, Inc.

 

Divisions

 

PerkinElmer Belfab                                UNITED STATES

PerkinElmer Optoelectronics      UNITED STATES

 

 

BANKS

 

No primary bank could be located.

Telephone:

Facsimile:

Account Number:

Account Manager:

 

A request for authorization was faxed to management, if they respond the authorization will be forwarded to the bank immediately.

 

 

PAYMENT HISTORY

 

 BUSINESS   DATE  LAST  PAYMENT CREDIT   BALANCE  CUR 1-  31- 61-

 CATEGORY   REPTD SALE  TERMS      $        $      %  30  60  90  91+ COMMENTS

 ---------- ----- ----- ------- -------- -------- --- --- --- --- --- --------

 SAFTY PROD 07-05 00-00 NET 30  0        0        0   0   0   0   0   CUST  2 YR

 UTILITY    07-05 00-00 CONTRCT 0        0        0   0   0   0   0

 

 AIR TRANS  06-06 06-05 0000000 100      100      0   100 0   0   0   CUST 27 YR

 AIR TRANS  06-11 00-00 NET 30  3900     0        0   0   0   0   0   CUST  2 YR

 CELLUL/PAG 05-11 05-08 NET 30  800      0        0   0   0   0   0   PIF-CHGOFF

 COMPUTERS  05-05 00-00 CREDIT  0        0        0   0   0   0   0   CUST 37 YR

 GENERAL    05-05 00-00 CONTRCT 0        0        0   0   0   0   0

 OFFC SUPPL 06-10 06-08 NET     300      0        0   0   0   0   0   CUST 18 YR

 PRNTG& PUBL 04-10 00-00 NET 30  10000    3300     0   0   100 0   0

 TELECOM    06-08 00-00 NET 30  200      100      100 0   0   0   0

 CURRENT QUARTER                0        0        0   0   0   0   0

 

 

FINANCIAL INFORMATION

 

We could not obtain individual financials for the Firm. However, the Firm's financial statements are consolidated into those of its ultimate parent company's financial figures, which are noted above.

 

 

CURRENT OPERATIONS

 

NAICS Code:   334513    Instruments and Related Products Manufacturing for

SIC Code:     3823

 

Number of Employees:           8,500  

 

Business Activity:

The Company is a provider of precision instrumentation, chemistries, software and services for a wide range of scientific and laboratory applications, including genetic screening, drug discovery and Perkinelmers's markets include: agriculture, food and flavors, cellular research, genetics and diagnostics, drug discovery, environmental analysis, forensic analysis, hydrocarbon processing and biofuels, life science research, lubricants, oils, pharmaceutical, polymers, semiconductor and Electronics.

 

The Company's clinical screening relies on comprehensive screening systems to detect genetic deficiencies and abnormalities.  Perkinelmer has many locations worldwide including; Asia, Australia, South Amerixca, Africa, India. The Firm is understood to share all the locations.

 

Others throughout North America and Germany include;

Worldwide Headquarters

PerkinElmer Optoelectronics

44370 Christy Street

Fremont, CA 94538-3180

Telephone: +1 510-979-6500

Toll Free: (North America) +1 800-775-OPTO (6786)

Fax: +1 510-687-1140

Email: opto@perkinelmer.com

Soo-Jin Pak

PerkinElmer Optoelectronics

Wenzel-Jaksch-Str. 31

D-65199 Wiesbaden

----

Germany

Telephone: +49 611 492 146

Email: marcom@perkinelmer.com

Public Relations

Jessie Hennion

Brodeur Worldwide

Telephone: +1 617-587-2007

Email: jhennion@brodeur.com

---

Office Locations - North America

UNITED STATES  California

Products &  Services: Lighting

44370 Christy Street

Fremont, CA 94538-3180

USA

Telephone: +1 510-979-6500

Email: opto@perkinelmer.com

--

California

Products &  Services: Digital Imaging, Cameras

2175 Mission College Boulevard

Santa Clara, CA 95054

USA

Telephone: +1 408-565-0850

---

California

Products &  Services: Power Supplies

1330 East Cypress Street

Covina, CA 91724

USA

Phone: +1 800-363-2095

Fax: +1 626-967-3151

---

Massachusetts

Products &  Services: Analytical Sub-Systems, MVS, High Energy

Switches, Energetic Systems, Rubidium Standards

35 Congress Street

Suite 2021

Salem, MA 01970

USA

Telephone: +1 800-950-3441

--

CANADA  Products &  Services: Sensors

22001 Dumberry

Vaudreuil, Quebec J7V 8P7

Canada

Telephone: +1 450-424-3300

--

Connecticut

PerkinElmer Life and Analytical Sciences

710 Bridgeport Avenue

Shelton, CT 06484-4794, USA

LAS Sales and Service 800-762-4000

Telephone 203-925-4600

Fax 203-944-4904

Ohio

PerkinElmer Life and Analytical Sciences

3985 Eastern Road

Norton, Ohio 44203, USA

Technical Support for Genetic Screening products

Telephone 800-321-9632 (USA only)

Fax 330-825-8520

Illinois

PerkinElmer Life and Analytical Sciences

2200 Warrenville Road

Downers Grove, IL 60515, USA

Telephone 800-323-5891 or 630-969-6000

Fax 630-322-5511

---

North America:  +1 800-775-OPTO [6786]

Europe:         +49 611 492 430

Asia:           +65 6775 2022

 

 

PUBLIC RECORD

 

LAWSUIT

Source: CLERK OF THE COURT, DALLAS COUNTY COURT AT LAW, TX

CASE INFORMATION

Case Number: 0214712D

Filing Date: 12/12/2002

 

Case Type: DEBT DMGS

Case Category: 32300

--

Filing Office: DALLAS COUNTY COURT AT LAW - NO. 4

Venue: DALLAS, TX

PARTY INFORMATION

Plaintiff: COMPANA LLC

 

Defendant:  PERKINELMER LIFE SCIE

---

No bankruptcy petitions were traced to the Firm, however there are legal actions filed against the Firm in public records. The status is uncertain as no further information is currently available.

 

 

GENERAL COMMENTS

 

The Firm is involved with a diverse group of studies including; environmental, discovery of new drugs, precision instrumentation, chemistries, software and services for scientific and laboratory applications. The Company shows a satisfactory payment history and logevity as a Company.

 

 

 


 

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/normal.

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions