MIRA
INFORM REPORT
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Report Date : |
01.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
HDL CORPORATION |
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Registered Office : |
14441 Beach
Boulevard Suite 107, Westminster, Ca - 92683 |
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Country : |
United States |
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Date of Incorporation : |
23/09/2004 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Steel brokerage. |
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. |
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: HDL CORPORATION
Trade Name:
Address: 14441
BEACH BOULEVARD SUITE 107
City: WESTMINSTER
State/Province: CA
Zip Code: 92683
Country: UNITED
STATES
Telephone: 714 799-2666
Facsimile: 714 799-7666
URL www.duonglinh.com
Founded (D/M/Y):
Sales / Revenue: -
Net Income: -
Total Equity: -
Number of
Employees: 2
Legal Form: Corporation -
Private
Shareholder:
Business Activity: The Firm is a steel
brokerage.
NOTE TO CLIENT
Person Contacted:
Mr. Hung Huynh, Purchasing Manager.
IMPERATIVES
A nationwide
search of Secretaries of State's Offices located a registration in California
under the name HDL CORPORATION (SEE LEGAL SECTION).
Mr. Huynh, Purchasing
Manager, stated that HDL CORPORATION primarily operates from Vietnam (a
physical address in Vietnam could not be obtained) as a steel brokerage firm
(SEE ACTIVITIES SECTION FOR FULL INFORMATION). The provided address is an
administrative office. There is no warehousing or storage space at this
location. Mr. Huynh stated that this location is only used for mailing purposes
and to complete paper work for the Firm. Based on this information, we believe
that the Company does not take possession of the goods.
A written request
for further information was sent to Mr. An Van Huynh, who resides in Vietnam.
If he responds the information in this report will be updated at that time. No
further information is currently available at this time.
DUE TO THIS
INFORMATION:
No payment were
traced to the Firm.
No Uniform
Commercial Codes, tax liens or bankruptcy petitions were traced to the Firm.
This is a full
investigation.
LEGAL
Legal Form: Corporation
- Private
Incorporation
State CA
Status: ACTIVE
Since (D/M/Y): 23/09/2004
The company is NOT
required to publish an annual financial report.
The Firm is registered in California under the following:
Corporation: HDL CORPORATION
Number: C2705737
Date Filed: 9/23/2004
Status: Active
Jurisdiction: California
Address: 8316 ARVILLA CIRCLE, WESTMINSTER, CA 92683
Agent for Service of Process
AN VAN HUYNH
8316 ARVILLA CIRCLE, WESTMINSTER, CA 92683
MANAGERS / KEY PERSONNEL
Mr. An Van Huynh President
Mr. Hung Huynh Purchasing Manager
FINANCIAL INFORMATION
No financial
information could be obtained at this time.
CURRENT OPERATIONS
SIC Code: 6221
NAICS Code: 52314
Commodity Brokerage
Number of Employees: 2
Business Activity:
The Firm is a
steel brokerage.
The Firm operates
from Vietnam; importing and exporting metals. The Firm operates as a purchasing
agent in The United States and arranges for transport to its sister company; HDL
Corporation located in Vietnam which wholesales the materials. The Firm
specializes in aluminum, copper and stainless steel scrap products.
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. |
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%)