MIRA
INFORM REPORT
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Report Date : |
22.06.2007 |
IDENTIFICATION DETAILS
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Name : |
ASIAN AMERICAN
GLOBAL TRADING PARTNERS, LLC |
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Registered Office : |
400 Shall Street, |
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Country : |
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Date of Incorporation : |
08/11/2005 |
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Legal Form : |
Limited Liability
Company |
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Line of Business : |
Provider of import
and export services. |
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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Status : |
Small Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: ASIAN
AMERICAN GLOBAL TRADING PARTNERS, LLC
Address: 400
SHALL STREET
City: LITTLE
ROCK
State/Province:
Zip Code: 72119
Country: UNITED
STATES
Telephone: 501
374-5606
Facsimile: 501
374-6542
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees:
5
Legal Form: Limited
Liability Company
Website: N/A
Business Activity: The Firm is a provider of import and export
services.
NOTE TO CLIENT
Person Contacted:
Ms. Donnell Roff, Financial Director.
LEGAL
Legal Form: Limited Liability
Company
Since (D/M/Y): 08/11/2005
State/Province of
Incorporation: AR
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
The Firm is
registered in
Corporation
Name ASIAN
AMERICAN GLOBAL TRADING PARTNERS, LLC
Fictitious
Names ASIAN
AMERICAN PARTNERS
Filing Number 800071205
Filing Type Limited
Liability Company
Status Good
Standing
Principal Address
Reg. Agent JOHN
K. CHANDLER
Agent Address 400
SHALL STREET, LITTLE
Date Filed 11/08/2005
Managers/Key
Personnel
Mr. John K.
Chandler Managing Director
Ms. Donnell
Roff Financial Director
AFFILIATED ENTITIES
There are no
affiliates or subsidiaries at this time.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
Management declined
to provide the name of the Firm's primary bank and outside sources provided no
additional information.
PAYMENT HISTORY
The Firm is not a large
seeker of local trade credit as such a payment record could not be developed.
FINANCIAL INFORMATION
Ms. Roff declined to
provide financial statements, however stated that the Firm's sales in 2006 were
in the US$1-5 million range. She also stated that the Firm does not include
their commissions as sales.
CURRENT OPERATIONS
NAICS Code: 42
Wholesale Trade
Number of
Employees: 5
Business Activity:
The Firm is a
provider of import and export services.
The Firm offers a
wide variety of import and export services. The Firm primarily operates as a
broker for offshore corporations. The Firm also provides registered agent,
purchasing agent and custom services.
The heading address
is the Firm's sole location and consists of leased office space.
PUBLIC RECORD
No Uniform
Commercial Codes, tax liens or bankruptcy petitions were traced to the Firm.
GENERAL COMMENTS
The Firm is a newly
established provider of import and export services. The Firm is not a large seeker
of local trade credit as such a payment record could not be developed. No
Uniform Commercial Codes, tax liens or bankruptcy petitions were traced to the
Firm. The Firm is considered responsible for normal trade relations.
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%)