MIRA INFORM REPORT

 

 

Report Date :           

10.08.2011

 

IDENTIFICATION DETAILS

 

Name :

VIKING INDUSTRIAL CORP

 

 

Registered Office :

620 Clark Ave, Pittsburg, CA 94565-5000

 

 

Country :

United States 

 

 

Year of Establishment :

1986

 

 

Legal Form :

Private Independent Company

 

 

Line of Business :

Flat-Rolled Steel and Tin Mill Products

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

$10,000 (USD)

Status :

Moderate

Payment Behaviour :

Unknown

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

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

United States 

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 Bottom of Form

 

Company name & address 

 

Viking Industrial Corp

 

620 Clark Ave

Pittsburg, CA 94565-5000

United States

Tel:       925-427-2518

Fax:      925-427-6561

 Web:   www.vikingind.com

           

 

Synthesis

 

Employees:                   75

Company Type:            Private Independent

Incorporation Date:         1986

Financials in:                 USD (Millions)

Reporting Currency:       US Dollar

Annual Sales:                6.1

Total Assets:                NA

 

 

Business Description     

 

Established in 1986, Viking Industrial Corporation is an international trading company that specializes in flat-rolled steel and tin mill products, including electrolytic tinplate, electrolytic chromium coated steel and black plate. The company also offers sheet mill products, such as galvanized, prepainted and cold rolled steel. It supplies tin mill products to general line, sanitary can and auto component parts manufacturers. Viking Industrial Corporation provides sheet mill products to mills, coaters, service centers and original equipment manufacturers. The company has expertise in various loading, securing and packaging techniques to prevent rust and condensation during transit. It specializes in arranging transportation to worldwide destinations.

 

Industry

Industry            Miscellaneous Capital Goods

ANZSIC 2006:    3322 - Metal and Mineral Wholesaling

NACE 2002:      5152 - Wholesale of metals and ores

NAICS 2002:     423510 - Metal Service Centers and Other Metal Merchant Wholesalers

UK SIC 2003:    5152 - Wholesale of metals and ores

US SIC 1987:    5051 - Metals Service Centers and Offices

 

 


Key Executives  

(Emails Available)       

 

Name

Title

David Berry

Director-Finance

 

 

1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1

2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1

 

 

Corporate Overview

 

Location

620 Clark Ave

Pittsburg, CA, 94565-5000

Contra Costa County

United States

Tel:       925-427-2518

Fax:      925-427-6561

Web:    www.vikingind.com

           

Sales USD(mil):             6.1

Assets USD(mil):           NA

Employees:                   75

Industry:                        Miscellaneous Capital Goods

Incorporation Date:         1986

Company Type:             Private Independent

Quoted Status:              Not Quoted

Director-Finance:           David Berry

 

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Additional Information

 

Industry Codes

ANZSIC 2006 Codes:

3322     -          Metal and Mineral Wholesaling

3739     -          Other Goods Wholesaling Not Elsewhere Classified

 

NACE 2002 Codes:

5152     -          Wholesale of metals and ores

5147     -          Wholesale of other household goods


 

NAICS 2002 Codes:

423510  -          Metal Service Centers and Other Metal Merchant Wholesalers

423990  -          Other Miscellaneous Durable Goods Merchant Wholesalers

 

US SIC 1987:

5051     -          Metals Service Centers and Offices

5099     -          Durable Goods, Not Elsewhere Classified

 

UK SIC 2003:

5147     -          Wholesale of other household goods

5152     -          Wholesale of metals and ores

 

 

Business Description

 

Established in 1986, Viking Industrial Corporation is an international trading company that specializes in flat-rolled steel and tin mill products, including electrolytic tinplate, electrolytic chromium coated steel and black plate. The company also offers sheet mill products, such as galvanized, prepainted and cold rolled steel. It supplies tin mill products to general line, sanitary can and auto component parts manufacturers. Viking Industrial Corporation provides sheet mill products to mills, coaters, service centers and original equipment manufacturers. The company has expertise in various loading, securing and packaging techniques to prevent rust and condensation during transit. It specializes in arranging transportation to worldwide destinations.

 

Financial Data

Financials in:

USD(mil)

 

Revenue:

6.1

1 Year Growth

NA

 

 

Additional Information

ABI Number:

301365961

 

 

 

 

 

 

 

 

Credit Report as of 02/01/2011

 

Location

620 Clark Ave
Pittsburg, CA 94565-5000
United States

 

County:

Contra Costa

MSA:

San Fran, CA

 

Phone:

925-427-2518

Fax:

925-427-6561

URL:

http://vikingind.com

 

ABI©:

301365961

 

Annual Sales:

$6,070,000 (USD)

Employees:

75

 

Facility Size(ft2):

40,000+

Facility Own/Lease:

Own

 

Business Type:

Private

Location Type:

Single Location

 

RECOMMENDED CREDIT LIMIT *

   $10,000 (USD)

 

 

Primary Line of Business:

SIC:

5051-06 - Steel-Distributors & Warehouses (Whls)

NAICS:

423510 - Metal Merchant Whols

Secondary Lines of Business:

NAICS:

423990 - All Other Durable Goods Merchant Whols

SICs:

5099-01 - Exporters (Whls)

 

5099-05 - Importers (Whls)

Table of Contents

 

Profile Links

Similar Businesses in the Area

Closest Neighbors

 

External Links

http://vikingind.com

 

 

 

 

Similar Businesses in the Area *

 Nowell Steel

2321 W 10th St

Antioch, CA 94509-1366

 

Valley Iron

797 Elmira Rd

Vacaville, CA 95687-5214          

 

Summerville Steel Co

9131 San Leandro St Ste: 110

Oakland, CA 94603-1208

 

Conco Co

207 E Channel Rd

Benicia, CA 94510-1104

 

Cumberland Post-Tension Inc

3948 Oregon St

Benicia, CA 94510-1102

 

Paco Steel & Engineering Corp

7950 Dublin Blvd Ste: 208

Dublin, CA 94568-2929

 


Primary Steel

1699 W Grand Ave

Oakland, CA 94607-1606           

 

Albany Steel Inc

536 Cleveland Ave

Berkeley, CA 94710-1007          

 

Kokolios Iron Works & Supply

6400 Broadway St

Vallejo, CA 94503-9672

 

Plus Ten Stainless Inc

2970 Bay Vista Ct Ste: A

Benicia, CA 94510-1165

 

   * Similar Businesses are defined as the closest businesses sharing the same six-digit primary SIC code ( 5051-06 - Steel-Distributors & Warehouses (Whls)) regardless of size.

 

Closest Neighbors

 

Pacific Coast General Engnrng

12 Industry Rd

Pittsburg, CA 94565-2700          

 

Stonetech Professional Inc

780 Clark Ave

Pittsburg, CA 94565-5032          

 

Olivia Garden International Beauty Supply

2102 Kelley Ct

Pittsburg, CA 94565-5042

 

Bishop-Wisecarver Corp

2104 Martin Way

Pittsburg, CA 94565-5027          

 

Amer's Custom Woodworks

941 Garcia Ave

Pittsburg, CA 94565-5089          

 

Merit USA

620 Clark Ave

Pittsburg, CA 94565-5000

 

Pacific Rims

941 Garcia Ave Ste: C

Pittsburg, CA 94565-5089

 

 

Executive report

 

Executives

 

Name

Title

Function

 

David Berry

View Email

Director-Finance

Finance Executive

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.17

UK Pound

1

Rs.73.72

Euro

1

Rs.64.26

 

 

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

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

----

NB

New Business

----

 

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.