MIRA
INFORM REPORT
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Report Date : |
12.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
VEMMA NUTRITION COMPANY |
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Registered Office : |
8322 E Hartford
Dr Scottsdale, Avizona 85255 |
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Country : |
United States |
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Date of Incorporation : |
09.09.2004 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Manufacturing and distribution of nutritional drinks |
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 : |
No Complaints |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name: VEMMA NUTRITION COMPANY
Trade Name:
Address: 8322 E
HARTFORD DR
City: SCOTTSDALE
Founded (D/M/Y): 2004
State/Province: AZ
Zip Code: 85255
Sales / Revenue: -
Country: UNITED
STATES
Net Income:
Telephone: 480 927 8788
Total Equity:
Facsimile: 480 927 8665
Number of
Employees: 2
URL www.vemma.com
Legal Form: Corporation -
Private
Shareholder:
Business Activity: The Subject engages in the
manufacturing and distribution of nutritional drinks.
NOTE TO CLIENT
Please note, the
Company subcontracts employees from its parent
company New Vision International Holdings Inc. on a per need basis for manufacturing
purposes.
Contacted person:
Ms. Karen Erwin, Controller.
Ms. Erwin verified
all the information in this report. We did send a written request to her
attention for further details, if we receive a response, this report will be
updated.
LEGAL
Legal Form: Corporation
- Private
Incorporation
State Arizona
Status: ACTIVE
Since (D/M/Y): 09/09/2004
The company is NOT
required to publish an annual financial report.
File Number : 1152647-2
Corp. Name : VEMMA NUTRITION COMPANY
Domestic Address
8322 E HARTFORD DR
COTTSDALE, AZ 85255
Additional Corporate Information
Corporation Type: BUSINESS
Incorporation Date : 09/09/2004
Corporate Life Period : PERPETUAL
Domicile : ARIZONA
County : MARICOPA
Statutory Agent Information Agent Name: SHEENA TEJEDA
Agent Mailing/Physical Address:
8322 E HARTFORD DR
SCOTTSDALE, AZ 85255
MANAGERS / KEY PERSONNEL
MR. BENSON K BOREYKO President
MS. KAREN ERWIN Controller
AFFILIATED COMPANIES
There are no
affiliated companies.
Parent Companies
Parent Company: New Vision International Holdings
Inc.
Address:
City:
State/Province:
Zip Code:
Country:
BANKS
No banking
information was provided.
PAYMENT HISTORY
No payment history could be developed. No trade references were provided at this
time.
FINANCIAL INFORMATION
The Subject would
not disclose any financial information when contacted citing company policy.
Other outside sources consulted could not provide any further insight into the financial
condition of this firm.
CURRENT OPERATIONS
SIC Code: 9999
NAICS Code: 99999
Unclassified
Establishments
Number of Employees: 2
Business Activity:
The Subject
engages in the manufacturing and distribution of nutritional drinks.
The Company's main
product is a juice known as Vemma which contains antioxidants, mangosteen with
vitamins, plant-sourced minerals, organic glyconutrient-rich aloe vera and
decaffeinated organic green tea.
The heading address corresponds to the sole location for the Company.
PUBLIC RECORD
No derogatory filings were found against the Company.
A search of bankruptcy courts revealed no record of a Company by this name
filing for bankruptcy.
COMMENTS
The Subject has engaged in the manufacturing and distribution of nutritional drinks, operating since 2004. No significant payment record could be developed and no adverse information was traced. The Company is considered responsible for normal business 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%)