MIRA
INFORM REPORT
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Report Date : |
18.07.2008 |
IDENTIFICATION
DETAILS
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Name : |
RF TECHNOLOGIES, INC. |
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Registered Office : |
9017 Mendenhall Ct, Columbia, MD 21045-4732 |
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Country : |
United States |
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Date of Incorporation : |
04.05.1993 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Manufactures Relays and Industrial Controls |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 100,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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REQUIRED CREDIT |
ADVISED CREDIT |
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MAXIMUM |
100,000 USD |
GEOPOLITICS
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POLITICAL DATA |
ECONOMIC DATA |
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FORM OF GOVERNMENT ECONOMIC RISK |
Federal
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CURRENCY BRANCH SITUATION |
USD Satisfying |
IDENTIFICATION
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Company Name: |
RF TECHNOLOGIES, INC. |
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Address: |
9017 Mendenhall
Ct, Columbia, MD
21045-4732, United
States |
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Phone: Facsimile: ID: State: Managers: |
+ 1 (410) 309-1029 + 1 (410) 309-1033 D03636164 Maryland Esko Riikonen, President |
Date founded: |
04/05/1993
Corporation for Profit N.A. N.A. 12 employees |
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Legal form: |
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Stock: Value: |
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Staff: |
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Business: |
Manufactures relays and
industrial controls |
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BANKS
The Citizens National Bank
Bank of America
BUSINESS
Business & Operations:
RF Technologies, Inc. is a private company headquartered in Columbia,
Maryland. RF Technologies, Inc's general line of business is manufacturer of relays and industrial controls.
RF Technologies offers a full line of manual and automatic on/off
control valves with mechanical and air-actuated designs, featuring working
pressures up to 600 psi/40 bar and built to Industry Standard ASME/ANSI B16.1,
DIN 3202 F5/F15 and ISO 5752 face-to-face dimensions, allowing
interchangeability with most ball, plug, diaphragm and gate valves.
What differentiates all RF Valves from their competitors is their patented
non-stretch tube design featuring two joint-like expansion arches that flex
instead of stretching when closing. This feature also permits standard
ASME/ANSI B16.1, DIN 3202 F5/15 and ISO 5752 face-to-face designs, and
contributes to RF Valves' remarkable wear/higher cycle life over conventional
pinch, metal, or lined valve types.
The company has manufacturing facilities in the US and Finland and sales
and support facilities in North and South America, Europe, Australia and the
Pacific Rim. RF Technologies supplies the pulp and paper, mining, industrial
minerals, chemical, power generation, and waste treatment industries around the
globe.
SHAREHOLDERS – SUBSIDIARIES
– MANAGERS
The director of the company
is:
Esko Riikonen, President.
He is also one of the main
shareholders.
FINANCIALS – COMMERCIAL TRENDS
AND FORECAST
RF Technologies, Inc. does not publish any financial statement.
However
our financial sources could provide us with the following information:
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Fiscal Year In USD |
12/31/2007 |
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Turnover |
5,000,000 |
LEGALS
0 Suits
0 Judgments
0 Liens
0 Collection Claims
Reported
0 NSF Cheques Reported
0 UCC Filings
RATING
Local credit bureau gave a correct credit rate.
The Company is in “good standing”.
This means that all local and federal taxes were paid on due date.
Payments are made on a
regular basis (monitored during the past 12 months).
The cash is correct.
Our final opinion:
This is a small company
working worldwide.
A credit line may be considered.
SUMMARY
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FINANCIAL SUMMARY |
DEBT COLLECTIONS AND PAYMENTS |
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PROFITABILITY INDEBTNESS CASH |
Correct Controlled Correct |
PUBLIC PAYMENTS |
None Regular |
ADVISED
CREDIT
100,000 USD
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.42.78 |
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UK Pound |
1 |
Rs.85.51 |
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Euro |
1 |
Rs.67.90 |
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%)