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Report Date : |
04.10.2007 |
IDENTIFICATION DETAILS
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Name : |
DATASSURED
COMMUNICATIONS, INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
13/10/2004 |
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Legal Form : |
Corporation -
Private |
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Line of Business : |
Provides IT and
Business Process Outsourcing services (BPO). |
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: DATASSURED
COMMUNICATIONS, INC.
Address:
City:
State/Province:
Zip Code: 95008
Country: UNITED
STATES
Telephone: 408
879-2335
Facsimile: 408
351-4387
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form: Corporation
- Private
Website: www.datassured.com
Business Activity: The Subject provides IT and Business
Process Outsourcing services (BPO).
NOTE TO CLIENT
Contact Person: Mr.
David Walter, President
Mr. Walter was
contacted via telephone, and a detailed message was left for him to return our
call. We also contacted the Subject via email. Mr. Walter did send us an email
of acknowledgement, but declined to provide additional details on the Company
at this time. If he responds with further details, the report will be amended
and the credit recommendation will be revisited.
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No response has been
received as of this time. As such, the information in this report has not been
confirmed with Management.
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Rating: Credit can be reasonably accepted up to
$10,000.
Amount
Requested: 15,000,000
The amounts
requested and advised are expressed in:
USD
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 13/10/2004
State/Province of
Incorporation: NV
Status: ACTIVE
Previous Legal Form:
Company is NOT required
to publish an annual financial report.
The Company is
registered in the state of
Business Entity
Information: DATASSURED COMMUNICATIONS, INC.
Status: Active
File Date: 10/12/2004
Domestic Corporation
Corp Number: C27638-2004
Qualifying
State: NV
NV List of Officers
Due: 10/31/2007
Resident Agent
Information
Name: INCORP
SERVICES, INC.
Address:
City:
State: NV
Zip Code: 89120-3481
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The Company is not
qualified in CA.
Managers/Key Personnel
Mr. David
Walter President
AFFILIATED ENTITIES
As far as could be
determined, there are no known affiliates or subsidiaries.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
The name of the primary
bank could not be obtained at this time.
PAYMENT HISTORY
No payment were
found under the Subject’s name in either
FINANCIAL
INFORMATION
Management was
unavailable, and outside sources were unable, to provide insight into the
financial condition of the Company.
CURRENT OPERATIONS
NAICS Code: 54151
Computer Systems Design and Related Services
Business Activity:
The Subject provides
IT and Business Process Outsourcing services (BPO). The Firm is a provider of outsourced IT and
BPO services. With providers located
across the globe, the Company has a network of specialized service centers.
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The Subject's target
market includes specific areas of focus like Identity Based Computing services
for the Financial/Banking, Healthcare, Insurance, Retail, and Engineering
sectors.
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The Company offers
programming services in Windows, UNIX / Linux, .NET, J2EE environment and PHP.
In addition, the Firm uses Oracle, MS SQL, Informix, DB2, MySQL and Postgres for
building applications.
The above-noted
address is believed to be the sole physical headquarters location for the
Subject.
PUBLIC RECORD
No tax liens,
judgments or bankruptcy filings were found under the Subject's name.
GENERAL COMMENTS
Datassured
communications, inc. incorporated in 2004, engaged as a provider of IT and
Business Process Outsourcing services. No Payment history was found for the
Company. At this time, Legal records 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. |
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%)