MIRA INFORM REPORT

 

 

 

Report Date :

20.09.2008

 

IDENTIFICATION DETAILS

 

Name :

REMETALLIC, LLC

 

 

Registered Office :

2100 North Line Street, Suite B 203, Lansdale, PA 19446

 

 

Country :

United States

 

 

Date of Incorporation :

11.01.2008

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Importer and Exporter of Secondary Stainless and Carbon Steel Pipes, Plates, Sheets, Bars and Coils.

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 20,000

 

 

Status :

New Company

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 


 

Company name 

 

REMETALLIC, LLC

 

 

Address 

 

2100 North Line Street, Suite B 203, Lansdale, PA 19446- USA

 

Telephone         :610-955-8290
Fax :                 484-605-2300

Website            www.remetallic.com

 

 

summary

 

Corporate ID# :

State :

 

Judicial form :

 

Date founded :

 

Stock :

Value:

 

Name of manager:

 

3781185

Pennsylvania

 

LLC

 

January 11, 2008

 

-

-

 

Atul GUPTA

 

ACTIVITIES & OPERATIONS

 

Business

 

 

 

 

Staff:

 

 

Importer and exporter of secondary Stainless and Carbon Steel Pipes, plates, sheets, bars and coils.

Imports from India and exports to Central and South America, and Middle East.

 

2

 

 

Operations

& branches:

 

 

At above address, we find an office, on lease

 

 

 


SHAREHOLDERS & MANAGERS

 

Shareholders :

 

 

Atul GUPTA is the Member

 

 

Management :

 

 

 

Atum GUPTA is the Manager.

 

As far as we know, he is not involved in other local business.

 

 

Subsidiaries &

Partnership :

 

 

None

 

FINANCIALS

 

In United States, privately held corporations are not required to publish any financials.

 

We called and left a message on the voicemail.

We sent an email but no answer was received.

 

No financials available at this time.

 

Estimate sale for year 2008 should be in the range of USD 2,000,000=

 

 

Banks    

 

Pnc Bank

 

 

LEGAL FILINGS

 

Legal filings & complaints :

 

 

As of today date, there is no legal filings pending with the

District Courts.

 

 

Secured debts summary (UCC) :

 

None

 


 

COMPANY CREDIT HISTORY

 

No credit history available at this time.

Imports are made with a cash payment.

 

The Company is doing business mainly as an agent.

 

The risk is low.

 

 

Our opinion:

 

A business connection may be conducted but we suggest you to check regularly the way of payments.

 

 

 

CREDIT REQUIRED

 

MAXIMUM CREDIT

 

Maximum

 

 

USD 20,000=

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.46.71

UK Pound

1

Rs.83.57

Euro

1

Rs.65.90

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions