MIRA
INFORM REPORT
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Report Date : |
01.10.2008 |
IDENTIFICATION
DETAILS
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Name : |
DOLPHIN INTERNATIONAL ELECTROMAGNETIC TECHNOLOGIES |
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Registered Office : |
1048 Santa Barbara Court, Sacramento, CA 95816 |
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Country : |
United States |
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Date of Incorporation : |
1994 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Wholesales Electronic
Equipment. |
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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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: |
Dolphin International
Electromagnetic Technologies Dba Division of Ingersoll-Rand, Bermuda |
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Address: |
1048 Santa
Barbara Court, Sacramento,
CA 95816, USA
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Phone: Facsimile: ID: State: Managers: |
+ 1 (916) 448-7678 NA NA California Ramesh
Sawhney, Manager |
Date founded: |
1994 Corporation for Profit N.A. N.A. 2 employees |
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Legal form: |
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Stock: Value: |
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Staff: |
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Business: |
Wholesales electronic equipment. |
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BANKS
NA
BUSINESS
Operations & Business:
Dolphin International
Electromagnetic Technologies also does business as Division of Ingersoll-Rand,
Bermuda.
Dolphin International Electromagnetic Technologies is a private company,
located in Sacramento, California. Dolphin International Electromagnetic
Technologies's line of business is wholesaler of electronic parts and
equipment.
We did not find the company registered in the secretary of state of
California.
Industry Overview:
Most sales by
manufacturing companies are to other manufacturing companies. Profitability
depends on efficient and cost-effective manufacturing operations and
distribution. Small companies can compete by producing specialized products or
selling into specialized markets. Large companies have advantages of scale in
procurement, production, distribution, and marketing.
Major products of
the US manufacturing sector include transportation equipment, computers,
electronics, food, chemicals, machinery, and products made of metal, plastic,
and paper. Annual revenue for manufacturers of cars and planes is about $600
billion; computers and electronics, $450 billion; food, $425 billion;
chemicals, $425 billion; machinery, $300 billion; metal products, $250 billion;
plastics, $165 billion; and paper, $150 billion. Annual revenue of
manufacturers equals that of the wholesale trade sector, and is four times
larger than healthcare and construction.
SHAREHOLDERS – SUBSIDIARIES
– MANAGERS
The director of the company
is:
Ramesh Sawhney, Manager.
He is also one of the main
shareholders.
FINANCIALS – COMMERCIAL TRENDS
AND FORECAST
As a private company,
Dolphin International Electromagnetic Technologies does not publish any
financials.
However our source provide us with the following information :
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Fiscal Year USD |
12/31/2007 |
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Turnover
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100,000 |
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LEGALS
0 Suits
0 Judgments
0 Liens
0 Collection Claims
Reported
0 NSF Cheques Reported
0 UCC Filings
RATING
Our final opinion
We did not find the company registered in the secretary of state of
California.
We nevertheless found information related to its activity and sales.
We tried to reach the manager, but as of today we were unable to talk
with him.
We suggest caution.
SUMMARY
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FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.46.96 |
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UK Pound |
1 |
Rs.83.91 |
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Euro |
1 |
Rs.66.36 |
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%)