MIRA INFORM REPORT

 

 

Report Date :

08.09.2007

 

IDENTIFICATION DETAILS

 

Name :

REPRO INTERNATIONAL, INC.

 

 

Registered Office :

22387 Cass Avenue,      Woodland Hills, California - 91364                       

 

 

Country :

United States               

 

 

Date of Incorporation :

2005

 

 

Legal Form :

Corporation – Private

 

 

Line of Business :

Export of a variety of recyclable material.

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

 


IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name:            REPRO INTERNATIONAL, INC.

Address:                       22387 CASS AVENUE

City:                             WOODLAND HILLS              

State/Province:              CALIFORNIA                           

Zip Code:                      91364                       

Country:                                    UNITED STATES               

Telephone:                    818 703-7265                

Facsimile:                     818 345-0330                

Founded (D/M/Y):          /  /2005

As of:

Sales / Revenue:

Net Income:

Total Equity:

Number of Employees : 3  

Legal Form:                   Corporation - Private

Website:                       No web site available

Maj. Shareholder:           Mr. Dhiren Mehta

Business Activity:          The Company specializes in the export of a variety of recyclable material.

 

 

NOTE TO CLIENT

 

Contact person: Mr. Dhiren Mehta

 

Mr. Dhiren Mehta provided information for this report.

 

The Subject's employees are all subcontracted.

 

 

LEGAL

 

Legal Form:                               Corporation - Private

Since (D/M/Y):                           16/03/2005

State/Province of Incorporation:   CA

Status:                                                  ACTIVE

Previous Legal Form:

 

Company is NOT required to publish an annual financial report.

 

REPRO INTERNATIONAL, INC.

Number: C2701971

Date Filed: 3/16/2005

Status: active

Jurisdiction: California

Address

22387 CASS AVE

WOODLAND HILLS, CA 91364

Agent for Service of Process

DHIREN MEHTA

22387 CASS AVE

WOODLAND HILLS, CA 91364

 

 

Managers/Key Personnel

 

Mr. Dhiren Mehta                       President

 

 

OWNERS

 

Mr. Dhiren Mehta                                 %         Majority

 

 

AFFILIATED ENTITIES

 

There are no affiliated companies.

 

 

BANKS

 

Telephone:

Facsimile:

Account Number:

Account Manager:

 

The Company declined to provide any banking information.

 

 

PAYMENT HISTORY

 

The firm is not a large seeker of local trade credit as a significant payment record could not be developed.

 

 

FINANCIAL INFORMATION

 

The Subject stated that per company policy, it does not release financial information. Other outside sources consulted could not provide any further insight into the financial condition of this firm.

 

 

CURRENT OPERATIONS

 

NAICS Code:   42193     Recyclable Material Wholesalers

SIC Code:     5093

 

Number of Employees : 3  

 

Business Activity:

The Company specializes in the export of a variety of recyclable material.  The Subject exports plastic scrap, metal scrap, used computers and any other recyclable material.

 

The heading address is the headquarters of the Company.

 

The Subject has one branch location in Phoenix, AZ and one in Houston, TX.

 

The Company is in the process of opening a new branch location in Mexico.

 

 

TRADE REFERENCES

 

The Company stated that all of its suppliers are paid in Cash.

 

 

PUBLIC RECORD

 

There were no legal filings found against the Company.

 

A search of bankruptcy courts revealed no record of a Company by this name filing for bankruptcy.

 

 

GENERAL COMMENTS

 

The Subject has been in business since 2005, operating as a recyclable material exporter. No Payment history was found and no adverse information was traced. The Company is considered responsible for normal business transactions.

 

 

 


 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions