MIRA
INFORM REPORT
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Report Date : |
11.06.2008 |
IDENTIFICATION
DETAILS
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Name : |
GEBBS SOFTWARE INTERNATIONAL INC |
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Registered Office : |
560 Sylvan Ave
Suite 1, Englewood Cliffs ,NJ 07632 |
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Country : |
United States |
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Year of Establishment : |
1997 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Software consultants. |
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 200,000 |
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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 |
200,000 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 100 = EUR 64 Satisfying |
IDENTIFICATION
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Company Name: |
Gebbs
Software International, Inc. (Foreign Parent is Gebbs Software International Private Limited,
Mumbai ,India) |
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Address: |
560 Sylvan Ave
Suite 1 Englewood Cliffs
,NJ 07632 USA |
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Phone: Facsimile: ID: State: Managers: |
+1 201-227-0088 +1 201-227-2060 0100706045 New Jersey Nitin Thakor , President |
Date founded: |
1997
Corporation for Profit N.A. Employees: 85 |
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Legal form: |
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Stock: |
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Staff: |
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Business: |
Software consultants. |
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BANK
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Commerce Bank
BUSINESS
At the above address, we find the headquarters of the company Gebbs
Software International, Inc.
Gebbs Software International is a national technology solutions and staffing
organization serving successful clients throughout North America.
SHAREHOLDERS – SUBSIDIARIES
– MANAGERS
The director of the company
is:
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Nitin Thakor, President.
FINANCIALS – COMMERCIAL TRENDS
AND FORECAST
Gebbs Software International does not
publish any financials.
However,
our financial sources could provide us with the following figures:
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Fiscal Year In USD |
12/31/2007 |
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Turnover |
8,308,197 |
There are no legal fillings listed with the District Court.
LEGALS
0 Suits
0 Judgments
0 Liens
0 Collection Claims
Reported
0 NSF Cheques Reported
1 UCC Filing in 2007 by Commerce Bank securing All
Assets. Amount :NA
1 UCC Filing in 2006 by
Merrill Lynch Business Financial Srevices securing All Assets. Amount: NA
1 UCC Filing in 2006 by
M&T Financial Services securing Equipment.
Amount: NA
All Previous UCC Filings
have been cleared
PAYMENT REFERENCES
Date High Credit Now
Owing Past Due Terms Payment
Record
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.
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The cash is correct.
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Payments are made on a regular basis.
Our final opinion:
This is a small company working primarily on the US market.
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 |
See Details Above Regular |
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ADVISED CREDIT |
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200,000 USD |
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%)