MIRA
INFORM REPORT
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Report Date : |
22.05.2008 |
IDENTIFICATION
DETAILS
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Name : |
GANTON INTERNATIONAL, INC. |
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Formerly Known as : |
GANTON SALES
INTERNATIONAL INC |
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Registered Office : |
8213 Durand Ave, Sturtevant, WI 53177-1945 |
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Country : |
United States |
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Date of Incorporation : |
03.08. 1993 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Wholesaler of Industrial
Equipment. |
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 40,000 |
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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 |
40,000 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: |
GANTON
INTERNATIONAL, INC. (Formerly known as Ganton Sales International Inc) |
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Address: |
8213 Durand Ave, Sturtevant, WI 53177-1945, United States
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Phone: Facsimile: ID: State: Managers: |
+1 262-633-3763 +1 262-633-3763 57419989 Illinois Ravi Ramanujam, President |
Date founded: |
August 3, 1993
Corporation for Profit N/A Employees 8 |
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Legal form: |
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Stock: |
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Staff: |
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Business: |
Wholesaler of industrial equipment. |
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BANK
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FIRFTH THIRD BANK.
BUSINESS
Operations:
At the above address, we find the offices of the company GANTON INTERNATIONAL,
INC.
Activities:
GANTON INTERNATIONAL, INC is a leading supplier of automotive components
to various automotive Giants like Ford, GM etc in the USA.
Its main suppliers are the companies MK AUTOCOMPONENTS INDIA LIMITED and
AUTOSHELL PERFECT MOULDER LTD.
SHAREHOLDERS – SUBSIDIARIES
– MANAGERS
The directors of the
company are:
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Ravi Ramanujam, President,
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Sam Ramesh, Vice President.
They are also the main
shareholders.
FINANCIALS – COMMERCIAL TRENDS
AND FORECAST
GANTON INTERNATIONAL 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 |
1,300,000 |
LEGALS
0 Suits
0 Judgments
0 Liens
0 Collection Claims
Reported
0 NSF Cheques Reported
1 UCC Security Filing in 2006 by Information Leasing Corp
securing All Assets. Amount :NA
All previous UCC Security
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 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
40,000 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%)