MIRA
INFORM REPORT
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Report Date : |
11.06.2008 |
IDENTIFICATION
DETAILS
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Name : |
MEDUSIND SOLUTIONS INC |
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Registered Office : |
20 West 37th
Street, New York ,NY 10018 |
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Country : |
United States |
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Date of Incorporation : |
03.01.2003 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Business Services |
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 150,000 |
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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 |
150,000 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: |
MEDUSIND SOLUTIONS INC. |
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Address: |
20 West 37th
Street New York
,NY 10018 USA |
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Phone: Facsimile: ID: State: Managers: |
+ 1 (212) 868-3669 + 1 (212) 868-3498 3566624 Delaware Vipul Bansal , President |
Date founded: |
Jan 3, 2003
Corporation for Profit N.A. 450 employees |
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Legal form: |
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Value: |
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Staff: |
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Business: |
Business Services |
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BANKS
Bank
of America
BUSINESS
Business &
Operations:
Medusind Solutions Inc. is a private company, located in New York.
Medusind Solutions Inc's line of business is business services.
Industry Overview:
The talent and modeling agency industry includes more than 30,000 companies
with combined annual revenue of about $5 billion. Major companies include
Creative Artists Agency (CAA); William Morris; International Creative
Management (ICM); and IMG. The industry is fragmented: the top 50 companies
account for less than 45 percent of industry revenue. The industry is
characterized by many sole proprietorships with no paid employees.
The industry includes agents and personal managers who represent or
manage actors and entertainers, models, sports figures, and other public figures.
Agents focus on finding clients work; personal managers generally find
sponsorships and endorsements for clients.
SHAREHOLDERS – SUBSIDIARIES
– MANAGERS
The
director of the company is:
Vipul Bansal, President.
He
is also the main shareholder.
FINANCIALS – COMMERCIAL TRENDS
AND FORECAST
Medusind Solutions 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 |
14,400,000 |
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.
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The cash flow is correct.
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Payments are made on a regular basis.
Our final opinion
This is a medium company
working in the US.
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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150,000 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%)