MIRA
INFORM REPORT
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Report Date : |
12.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
ATLAS STONE DISTRIBUTION INC |
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Registered Office : |
1101 Lunt Ave Elk Grove Village IL 60007 |
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Country : |
United States |
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Date of Incorporation : |
03.08.2007 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Importer and wholesaler of stone products such as marble and granite. |
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 : |
New and Small Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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IDENTIFICATION & EXECUTIVE
SUMMARY
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Company Name: |
ATLAS STONE DISTRIBUTION INC. |
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Trade Name: |
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Address: |
1101 LUNT AVE |
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City: |
ELK GROVE VILLAGE |
Founded (D/M/Y): |
2007 |
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State/Province: |
IL |
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Zip Code: |
60007 |
Sales / Revenue: |
- |
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Country: |
UNITED STATES |
Net Income: |
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Telephone: |
847-690-9345 |
Total Equity: |
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Facsimile: |
847-690-9346 |
Number of Employees: |
5 |
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URL |
Under Construction |
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Legal Form: |
Corporation - Private |
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Shareholder: |
Mr. Raj Pahuja |
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Business Activity: |
The Company is an importer and wholesaler of stone products such as
marble and granite. |
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NOTE TO CLIENT
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LEGAL NAME: ATLAS STONE DISTRIBUTION INC. |
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ORDERED NAME: ATLAS STONE DISTRIBUTION INC |
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Person Contacted: Mr. Gary Pahuja, Officer. He verified and updated |
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the information presented to him. |
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Please note that company was only formed in August, 2007 and is only |
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just starting its operations at this time. |
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LEGAL
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Legal Form: |
Corporation - Private |
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Incorporation State |
IL |
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Status: |
ACTIVE |
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Since (D/M/Y): |
03/08/2007 |
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The company is NOT required to publish an annual financial report. |
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The Company incorporated in Illinois under the following registration. |
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Entity Name: ATLAS STONE DISTRIBUTION INC. |
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File Number: 65691035 |
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Status: GOODSTANDING |
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Entity Type: CORPORATION |
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Type of Corp: DOMESTIC BCA |
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Incorporation Date (Domestic) 08/03/2007 |
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State: ILLINOIS |
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Agent Name: JONATHAN M WEIS |
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180 N LASALLE ST SUITE 3200 |
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CHICAGO IL 60601 |
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Duration Date PERPETUAL |
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Old Corp Name 09/06/2007 - U.S. GRANITE IMPORT COMPANY, LTD. |
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MANAGERS / KEY PERSONNEL
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Mr. Raj Pahuja |
President |
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Mr. Gary Pahuja |
Officer |
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Owners
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Mr. Raj Pahuja |
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100.00 |
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Majority |
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SUBSIDIARIES
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The Company has no subsidiaries or affiliates. |
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BANKS
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Midwest Bank & Trust Co. |
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Address: |
1000 Tower Ln |
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City: |
Bensonville |
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State/Province: |
IL |
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Zip Code: |
60106 |
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Country: |
UNITED STATES |
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Telephone: |
630-787-2030 |
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Facsimile: |
630-238-0714 |
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A fax was sent to this bank for credit information. |
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PAYMENT HISTORY
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No payment record was found for the Subject at this time. |
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The Company stated that it has no significant creditors in the US or Canada. |
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FINANCIAL INFORMATION
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Mr. Pahuja stated that due to the newness of the Company, no financial |
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statement information is available at this time. |
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CURRENT OPERATIONS
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SIC Code: |
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NAICS Code: |
421 |
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Wholesale Trade, Durable Goods |
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Number of Employees: |
5 |
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Business Activity: |
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The Company is an importer and wholesaler of stone products such as |
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marble and granite. |
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The Subject imports products from Brazil, India, Spain, Turkey, China,
and |
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various other countries. |
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The heading address is the sole location for the Subject. The facility
consists |
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of leased office and warehouse space. |
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PUBLIC RECORD
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A search of public revealed no derogatory information, bankruptcy |
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petitions or Uniform Commercial Codes. |
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COMMENTS
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The Subject, founded in August, 2007 in Illinois, is engaged as a wholesaler of |
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stone products. No payment record was found for the Subject, however, the |
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operating history is clear. No derogatory information or bankruptcy petitions |
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were reported or noted. The Company is responsible for normal business |
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transactions. |
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%)