MIRA
INFORM REPORT
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Report Date : |
23.05.2008 |
IDENTIFICATION
DETAILS
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Name : |
CRESWELL TRADING COMPANY INCORPORATED |
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Registered Office : |
975 Mill Road Suite 204 Bryn Mawr, PA
19010 |
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Country : |
United States |
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Date of Incorporation : |
12.12. 1982 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Wholesaler of Iron, Steel
and Related Products |
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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Maximum Credit Limit : |
USD 25,000 |
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Status : |
Small Company |
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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 |
25,000 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: |
CRESWELL TRADING
COMPANY INCORPORATED |
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Address: |
975 Mill Road Suite 204 Bryn Mawr, PA
19010 USA |
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Phone: Facsimile: ID: State: Managers: |
+ 1 (610) 525-8380 + 1 (610) 525-6486 730101 Pennsylvania Aileen Epstein, President |
Date founded: |
Dec 12, 1982
Corporation for Profit N.A. N.A. Employees 3 |
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Legal form: |
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Stock: Value: |
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Staff: |
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Business: |
Wholesaler of iron, steel and related products |
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BANK
FIRST UNION NATIONAL BANK
BUSINESS
Business, Operations & History:
Creswell Trading Company Incorporated is a private company located in Bryn
Mawr, Pennsylvania. Creswell Trading Company Incorporated's line of business is
metals service center.
Creswell Trading provides a service to American users of all types of
castings, both industrial and municipal, by acting as a sourcing agent and importer
from fully owned and collaborating foundries in the USA, India and China.
The company removes the aggravation from the process of locating,
developing and importing castings, for American users, needing to obtain
castings at competitive prices.
Creswell Trading has been sourcing and importing castings for 20 years.
They furnish the castings as cast, machined or coated, from anything with
bitumen to enamel and with powder or epoxy coating.
SHAREHOLDERS – SUBSIDIARIES
– MANAGERS
The director of the company
is:
Aileen Epstein, President.
She is also the main
shareholder.
FINANCIALS – COMMERCIAL TRENDS
AND FORECAST
CRESWELL TRADING COMPANY INCORPORATED 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 |
880,000 |
LEGALS
0 Suits
0 Judgments
0 Liens
0 Collection Claims
Reported
0 NSF Cheques Reported
1 UCC Security Filing in
2005 by First Union National Bank. Security
& Amount: NA
All previous UCC Security Filings have been cleared
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 small company working in 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 |
ADVISED
CREDIT
25,000 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%)