MIRA INFORM
REPORT
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Report Date : |
02.08.2011 |
IDENTIFICATION DETAILS
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Name : |
HOWARD BERGER CO INC |
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Registered Office : |
324 Half Acre Rd, Ste A, Cranbury, NJ 08512-3254 |
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Country : |
United States |
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Year of Establishment : |
1971 |
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Legal Form : |
Private Independent |
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Line of Business : |
provides its customers with quality plumbing
merchandise |
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 : |
$25,000 (USD) |
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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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United States |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Bottom of Form
Company name & address
Howard Berger Co Inc
324 Half Acre Rd
Ste A
Cranbury, NJ 08512-3254
United States
Map
Tel:
609-860-9990
Fax: 609-860-9991
Toll Free: 800-523-1268
Web: www.hberger.com
Synthesis
Employees: 150
Company Type: Private
Independent
Incorporation Date: 1971
Financials in: USD
(Millions)
Reporting Currency: US
Dollar
Annual Sales: 52.5
Total Assets: NA
Business Description
Howard Berger
Company provides its customers with quality plumbing merchandise at the lowest
prices available in the industry. The company sells to leading retailers,
discount stores, home centers, wholesalers, drug and food chains, catalog
companies, municipalities, and hardware stores worldwide. Its world
headquarters is located in Monroe Township, N.J. Howard Berger Company operates
out of a state-of-the-art warehouse distribution center using radio frequency
scanning systems and full bar code verification to ensure timely, complete and
accurate shipments.
Industry
Industry Retail (Home Improvement)
ANZSIC 2006: 4231 - Hardware
and Building Supplies Retailing
NACE 2002: 5246 - Retail sale
of hardware, paints and glass
NAICS 2002: 444110 - Home
Centers
UK SIC 2003: 5246 - Retail sale
of hardware, paints and glass
US SIC 1987: 5211 - Lumber and
Other Building Materials Dealers
Key Executives
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Name |
Title |
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Howard Berger |
President |
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Bill Underwood |
Chief Financial Officer |
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Lloyd Gross |
Director-Marketing |
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Tony Savale |
Director-Human Resources |
1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1
Corporate Overview
Location
324 Half Acre Rd
Ste A
Cranbury, NJ, 08512-3254
Middlesex County
United States
Tel: 609-860-9990
Fax: 609-860-9991
Toll Free Tel: 800-523-1268
Web: www.hberger.com
Sales USD(mil): 52.5
Assets USD(mil): NA
Employees: 150
Industry: Retail
(Home Improvement)
Incorporation Date: 1971
Company Type: Private
Independent
Quoted Status: Not
Quoted
President: Howard Berger
Contents
· Industry Codes
· Business Description
· Financial Data
· Additional Information
Industry Codes
ANZSIC 2006 Codes:
4231 - Hardware and Building Supplies Retailing
NACE 2002 Codes:
5246 - Retail sale of hardware, paints and glass
NAICS 2002 Codes:
444110 - Home Centers
US SIC 1987:
5211 - Lumber and Other Building Materials Dealers
UK SIC 2003:
5246 - Retail sale of hardware, paints and glass
Business
Description
Howard Berger
Company provides its customers with quality plumbing merchandise at the lowest
prices available in the industry. The company sells to leading retailers, discount
stores, home centers, wholesalers, drug and food chains, catalog companies,
municipalities, and hardware stores worldwide. Its world headquarters is
located in Monroe Township, N.J. Howard Berger Company operates out of a
state-of-the-art warehouse distribution center using radio frequency scanning
systems and full bar code verification to ensure timely, complete and accurate
shipments.
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Credit Report as of 02/01/2011
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Similar Businesses
in the Area *
Prestige Standard
Corp
80 Veronica Ave Ste: 60
Somerset, NJ 08873-3498
Elite Mouldings
& Design Center
700 Business Park Dr
Freehold, NJ 07728-9392
Canyon Spring
Water
51 Greenwich Dr
Jackson, NJ 08527-4878
Hamilton Supply Co
65 Klockner Rd
Trenton, NJ 08619-2811
Northeastern
Lumber-Millwork
255 Gatzmer Ave
Jamesburg, NJ 08831-1105
Prime Source
Building Product Inc
20 Van Dyke Ave
New Brunswick, NJ 08901-3253
Silver Line Building Products
1 Silverline Dr
North Brunswick, NJ 08902-3397
Builders
Firstsource
1 Progress Rd
North Brunswick, NJ 08902
Consolidated
Distribution Services
5 Wheeling Rd
Dayton, NJ 08810-1526
* Similar Businesses are
defined as the closest businesses sharing the same six-digit primary SIC code (
5211-26 - Building Materials) regardless of size.
Closest Neighbors
Rossmoor Eastgate
Security
Applegarth Rd & Rossmoor Dr
Cranbury, NJ 08512
Vertis Digital
Production Services
28 Engelhard Dr
Monroe Twp, NJ 08831
AAT Intl Inc
2 S Middlesex Ave Ste: 2
Monroe Twp, NJ 08831
Berry Plastics
34 Engelhard Dr
Monroe Twp, NJ 08831-3720
T W Metals Co
27 Engelhard Dr
Monroe Twp, NJ 08831-3722
Asap Staffing
Services
2 S Middlesex Ave
Monroe Twp, NJ 08831
Executives Report
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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.44.05 |
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UK Pound |
1 |
Rs.72.40 |
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Euro |
1 |
Rs.63.46 |
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 |
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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NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.