MIRA INFORM REPORT
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Report Date : |
23.08.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
VIMASCO CORP |
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Registered Office : |
Plant Rd, Nitro, WV 25143 |
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Country : |
United States |
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Year of Establishment : |
1952 |
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Legal Form : |
Private Independent Company |
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Line of Business : |
wholesale distribution
of paints, varnishes, wallpaper, and supplies |
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 |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
$2,500 (USD) |
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Status : |
Small Company |
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Payment
Behaviour : |
Unknown |
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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 |
Company name & address
Vimasco Corp
Plant Rd
Nitro, WV 25143
United States
Tel: 304-755-3328
Fax: 304-755-7153
Toll Free: 800-624-8288
Web: www.vimasco.com
Synthesis
Employees: 12
Company Type: Private Independent
Incorporation Date: 1952
Financials in: USD
(Millions)
Reporting Currency: US
Dollar
Annual Sales: 8.2
Total Assets: NA
Business Description
Establishments primarily engaged in the wholesale distribution of
paints, varnishes, wallpaper, and supplies.
Industry
Industry Chemical Manufacturing
ANZSIC 2006: 3339 - Other
Hardware Goods Wholesaling
NACE 2002: 5155 - Wholesale
of chemical products
NAICS 2002: 424950 - Paint,
Varnish, and Supplies Merchant Wholesalers
UK SIC 2003: 5155 - Wholesale
of chemical products
US SIC 1987: 5198 - Paints,
Varnishes, and Supplies
Key Executives
(Emails Available)
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Name |
Title |
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Rid Pugh |
President |
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John Tidquist |
Operations Executive |
1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1
Corporate Overview
Location
Plant Rd
Nitro, WV, 25143
Kanawha County
United States
Tel: 304-755-3328
Fax: 304-755-7153
Toll Free Tel: 800-624-8288
Web: www.vimasco.com
Sales USD(mil): 8.2
Assets USD(mil): NA
Employees: 12
Industry: Chemical
Manufacturing
Incorporation Date: 1952
Company Type: Private
Independent
Quoted Status: Not
Quoted
President: Rid
Pugh
Contents
· Industry Codes
· Business Description
· Financial Data
· Additional Information
Industry Codes
ANZSIC 2006 Codes:
3339 - Other Hardware Goods Wholesaling
1916 - Paint and Coatings Manufacturing
NACE 2002 Codes:
2430 - Manufacture of paints, varnishes and similar coatings,
printing ink and mastics
5155 - Wholesale of chemical products
NAICS 2002 Codes:
325510 - Paint and Coating Manufacturing
424950 - Paint, Varnish, and Supplies Merchant Wholesalers
US SIC 1987:
5198 - Paints, Varnishes, and Supplies
2851 - Paints, Varnishes, Lacquers, Enamels, and Allied Products
UK SIC 2003:
5155 - Wholesale of chemical products
24301 - Manufacture of paints, varnishes and similar coatings
Business
Description
Establishments primarily engaged in the wholesale distribution of
paints, varnishes, wallpaper, and supplies.
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Credit Report as of 08/01/2010
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Location |
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Plant Rd |
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County: |
Kanawha |
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MSA: |
Charleston, WV |
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Phone: |
304-755-3328 |
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Fax: |
304-755-7153 |
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Toll Free: |
800-624-8288 |
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URL: |
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ABI©: |
001050319 |
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Annual Sales: |
$8,220,000 (USD) |
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Employees: |
12 |
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Facility Size(ft2): |
2,500 - 9,999 |
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Business Type: |
Private |
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Location Type: |
Single Location |
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RECOMMENDED
CREDIT LIMIT * |
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$2,500 (USD) |
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Primary Line of
Business: |
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SIC: |
5198-03 - Paint-Wholesale |
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NAICS: |
424950 - Paint & Supplies Merchant Whols |
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Secondary Lines
of Business: |
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NAICS: |
325510 - Paint & Coating Mfg |
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SICs: |
2851-03 - Paint-Manufacturers |
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9999-66 - Federal Government Contractors |
Table of Contents
Profile Links
External Links
http://vimasco.com
executive report
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Executives |
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President |
President |
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Operations Executive |
Operations Executive |
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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.45.95 |
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UK Pound |
1 |
Rs.75.76 |
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Euro |
1 |
Rs.66.01 |
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.