MIRA
INFORM REPORT
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Report Date : |
23.03.2007 |
IDENTIFICATION
DETAILS
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Name : |
NUCEDAR MILLS, INC. |
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Registered Office : |
1000 Sheridan Street, Chicopee, Massachusetts 01022 |
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Country : |
United States |
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Date of Incorporation : |
21/12/2005 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Manufactures architectural siding, trim and millwork for the custom
home and multi-family segments. |
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 : |
Usually correct |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name : NUCEDAR MILLS, INC.
Address :
1000 SHERIDAN STREET
City :
CHICOPEE
State/Province :
MASSACHUSETTS
Zip Code :
01022
Country :
UNITED STATES
Telephone : 413
593-8883
Facsimile :
413 593-8955
As of :
--
Sales / Revenue : --
Net Income : --
Total Equity : --
Number of Employees : 15
Legal Form : Corporation - Private
Website :
www.nucedar.com
Maj. Shareholder : Jain
(Americas), Inc.
Business Activity : The
Subject manufactures architectural siding, trim and millwork for the custom
home
and multi-family segments.
NOTE TO CLIENT
Contacted person; Mr. Murali
Ramantan, Executive Vice President (Parent company).
Mr. Murali Ramantan provided and confirmed general business information
about the Company. He declined to provide banking or financial details.
LEGAL
Legal Form :
Corporation - Private
Since (D/M/Y) :
21/12/2005
State/Province of Incorporation :
DE
Status :
ACTIVE
Previous Legal Form :
Company is NOT required to publish an annual financial report.
The Company is incorporated is in the State of Delaware.
Entity Details
File Number: 4082381 Incorporation Date: 12/21/2005
Entity Name: NUCEDAR MILLS, INC.
Entity Kind: CORPORATION
Entity Type: GENERAL
Residency: DOMESTIC
State: DE
REGISTERED AGENT
INFORMATION
Name: CORPORATION SERVICE COMPANY
Address: 2711 CENTERVILLE ROAD SUITE 400
City: WILMINGTON
County: NEW CASTLE
State: DE
Postal Code: 19808
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The Company is qualified in the State of: Massachusetts.
The exact name of the Foreign Corporation: NUCEDAR MILLS, INC.
Entity Type: Foreign
Corporation
Identification Number: 000932132
Date of Registration in Massachusetts:
08/29/2006
The is organized under the laws of:
State: DE
Country: USA
on: 12/21/2005
Principal office: No. and Street:
1000 SHERIDAN ST.
City or Town: CHICOPEE
State: MA
Zip: 01022
Country: USA
Registered Agent: Name: THOMAS LOPER
No. and Street: 1000 SHERIDAN ST.
City or Town: CHICOPEE
State: MA
Zip: 01022
Country: USA
Managers/Key
Personnel
MR. THOMAS LOPER
President
MR. ANDREW SEARS
Treasurer
OWNERS
Jain (Americas), Inc. 51.00% Majority
AFFILIATED ENTITIES
We believe the Company has affiliates. However, we were unable to obtain
any names.
Parent Companies
Parent Company: Jain
(Americas), Inc.
OH
UNITED STATES
Ultimate Parent: Jain
Irrigation Systems Ltd.
OH
UNITED STATES
There are no known subsidiaries.
BANKS
MA
Telephone:
Facsimile:
Account Number:
Account Manager:
Management declined to provide banking information.
PAYMENT HISTORY
We found no payment history for the Subject.
FINANCIAL INFORMATION
Management declined to provide financial information.
HISTORY
In 2006, the parent company; Jain (Americas), Inc. acquired a
controlling 51% in the Subject.
CURRENT OPERATIONS
NAICS Code: 32 Mfg - Wood, Paper, Petroleum,
Chemical, Plastics
Number of Employees:
15
Business Activity:
The Subject manufactures architectural siding, trim and millwork for the
custom home and multi-family segments. The heading address is the headquarters
and sole location of the Subject.
PUBLIC RECORD
Below are the UCC filings for the Subject.
Name Searched: NUCEDAR MILLS INC.
Debtors: NUCEDAR MILLS, INC.
1000 SHERIDAN ST
CHICOPEE, MA 01022
History: DATE FILING# DOCUMENT SUMMARY
12/18/2006 200653330350 TYPE: UCC-1 ORIGINAL
DEBT: NUCEDAR MILLS, INC.
SECD: TOYOTA MOTOR CREDIT CORP.
Original Filing Number: 200653330350
Secured Party: TOYOTA MOTOR CREDIT CORP.
PO BOX 3457
TORRANCE, CA 90510
Status: ACTIVE
Name Searched: NUCEDAR MILLS INC.
Debtors: NUCEDAR MILLS, INC.
1000 SHERIDAN ST
CHICOPEE, MA 01022
History: DATE FILING# DOCUMENT SUMMARY
1/18/2007 200754063300 TYPE: UCC-1 ORIGINAL
DEBT: NUCEDAR MILLS, INC.
SECD: TOYOTA MOTOR CREDIT CORPORATION
Original Filing Number: 200754063300
Secured Party: TOYOTA MOTOR CREDIT CORPORATION
PO BOX 3457
TORRANCE, CA 90510
Status: ACTIVE
A search of bankruptcy courts revealed no record of the Subject filing
for bankruptcy.
GENERAL COMMENTS
The Subject manufactures architectural siding, trim and millwork for the
custom home and multi-family segments. We found no payment history for the Company.
Legal indicate no negative litigation taken against the Subject.
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%)