MIRA
INFORM REPORT
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Report Date : |
29.08.2011 |
IDENTIFICATION DETAILS
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Name : |
DEEP FOODS INC |
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Registered Office : |
1090 Springfield Rd Ste 1 Union, NJ 07083-8147 |
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Country : |
United States |
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Date of Incorporation : |
Not Available |
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Legal Form : |
Private Independent |
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Line of Business : |
Non-specialised wholesale of food, beverages and tobacco |
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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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
-- |
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 and address
Deep Foods Inc
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Business
Description
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Founded in 1977, Deep Foods is a family-owned and operated company
that manufactures vegetarian and nonvegetarian Indian cuisine, as well as
provides Thai and Chinese food. Its products include snacks, frozen meals,
ice creams, appetizers, breads, pickles, spices and dosas, as well as idli,
sambhar and uttapam. The company additionally offers recipes that include
jeera rice, dal masti, kichdi, roti and masala potato. Its products are
available under brand names, such as Deep, Tandoor Chef, Bhagwati's, Mirch
Masala, Udupi, Bansi and Reena's. The company operates a more than
120,000-square-foot manufacturing facility and has a staff of over 90
employees. Deep Foods is headquartered in Union, N.J. |
Industry
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Industry |
Food Processing |
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ANZSIC 2006: |
3609 - Other Grocery Wholesaling |
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NACE 2002: |
5139 - Non-specialised wholesale of food,
beverages and tobacco |
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NAICS 2002: |
424420 - Packaged Frozen Food Merchant
Wholesalers |
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UK SIC 2003: |
5139 - Non-specialised wholesale of food, beverages
and tobacco |
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US SIC 1987: |
5141 - Groceries, General Line |
Key Executives
(Emails Available)
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News
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1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1
Corporate Overview
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Executives Report
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USPTO ISSUES
TRADEMARK: BRING INNER PEACE...TO YOUR HUNGER!
U.S. Fed News: 29 August 2011
[What follows is the full text of the news story.]
ALEXANDRIA, Va.,
Aug. 29 -- The trademark BRING INNER PEACE...TO YOUR HUNGER! (Reg. No. 4014900)
was issued on Aug. 23 by the USPTO.
Owner: Deep Foods,
Inc. CORPORATION NEW JERSEY 1090 Springfield Road Union NEW JERSEY 07083.
The trademark
application serial number 85092606 was filed on July 26, 2010 and was
registered on Aug. 23.
Goods and
Services: Prepared foods, namely, a line of frozen appetizers and entrees
consisting primarily of meat and vegetables with rice. FIRST USE: 20100708.
FIRST USE IN COMMERCE: 20100708
For any query with
respect to this article or any other content requirement, please contact Editor
at htsyndication@hindustantimes.com
Indian Food Leader
Celebrates All-American Burger with Side of Exotic
Tandoor Chef Launches 30 Days of Vegetable Masala Burgers for National
Hamburger Month
PR Newswire US: 02 May 2011
[What follows is the full text of the news story.]
UNION, N.J., May 2,
2011/PRNewswire/ --Tandoor Chef, the leader in restaurant quality, all natural
frozen Indian cuisine, is sharing 30 days of Vegetable Masala Burger recipes
this May in celebration of National Hamburger Month. Games, contests and
recipes � for vegetarians and meat lovers alike � are being shared
throughout the month online and in social media. Tandoor Chef aims to show
Americans that burgers can be healthy, exciting and are no longer limited to
the traditional hamburger.
Tandoor Chef's
Vegetable Masala Burger, made with seven vegetables and containing 120 calories
per patty, is garnering attention for its nutrition, all natural ingredients
and unique flavor profile. In fact, Real Simple Magazine recently voted
it as one of the best veggie burgers on the market. Tandoor Chef's meatless
burgers are different from other frozen veggie burgers because of its exotic
spices including ginger, coriander and mustard seed, as well as potato
pancake-like texture.
Tandoor Chef is
asking food bloggers, Tandoori Taster vloggers and its top fans to join in by
sharing their own creative recipes � such as a Coney Island Masala Burger �
and toppings for 30 Days of Masala Burgers. Consumers are also encouraged to
take part in the celebration via contests and conversations on
Facebook.com/TandoorChef and Twitter.com/TandoorChef, as well as with e-Recipe
Cards on TandoorChef.com. Throughout May, Tandoor Chef's website, Tandoori
Tales e-newsletter and social media sites will undergo a fun and unmistakable
transformation to maximize the excitement of National Hamburger Month.
"Everyone
deserves to enjoy a good burger hot off the grill," said Mike Ryan, VP
Marketing, Tandoor Chef. "Vegetarian consumers make up a large percentage
of both the Indian and American population, yet healthy vegetarian choices
remain limited � especially when it comes to grilling out. To celebrate
National Hamburger Month, Tandoor Chef is looking to broaden the spectrum of
burger options by sharing 30 Days of Vegetable Masala Burger recipes with vegetarians
and meat lovers across the country."
About Tandoor Chef
Tandoor Chef,
produced by Deep Foods, is a second-generation family owned and operated
leading manufacturer of Indian cuisine. Tandoor Chef is committed to producing
restaurant quality, all natural frozen Indian food. A quality innovation
leader, Tandoor Chef provides exotic flavors and meal experiences, rooted in
the convenience of the frozen food category.
www.TandoorChef.com
www.Facebook.com/TandoorChef
www.Twitter.com/TandoorChef
Ethnic Frozen Food
Brand Seeks Recipes Unlike Naan Other
Tandoor Chef hosts original recipe contest in celebration of National Pizza
Month
PR Newswire US: 07 October 2010
[What follows is the full text of the news story.]
UNION, N.J., Oct.
7 /PRNewswire/ --In celebration of National Pizza Month, Tandoor Chef, the
leader in restaurant quality, all natural frozen Indian cuisine, has launched
its first annual "Naan Your Average Pizza Contest." From October 1
through October 30, 2010, consumers are encouraged to submit an original naan
pizza recipe using any variety of Tandoor Chef's naan bread for a chance to win
free Tandoor Chef products from November 2010�February 2011. �Recipes can
be entered online at TandoorChef.com/October. Tandoor Chef is encouraging pizza
lovers nationwide to get creative in the kitchen with this unique Indian
Italian fusion contest and hoping to inspire chefs next door with their newly
launched Original Naan Pizza.
Entries will be
judged based on the pizza's flavor, appeal and creative use of naan. One grand
prize winner will be selected, as well as a second and third place winner.
Tandoor Chef's nationwide search for original naan-based pizza recipes will
allow Tandoor Chef consumers, and all pizza lovers, to get creative with this new
flavor sensation, which is taking the nation by storm. Tandoor Chef's original
naan pizza recently won a grand prize "Tasty" award from Cooking
Light and naan pizza was also the winning dish for The Next Food Network
Star, Aarti "Paarti" Sequeira.
The grand prize
winner will have their recipe featured on Tandoor Chef's website,
TandoorChef.com, and Tandoor Chef's Facebook page, Facebook.com/TandoorChef and
win free Tandoor Chef Naan Pizzas throughout the winter. One second place
winner will receive two free Naan Pizzas each month throughout
November�February and one third place winner will receive naan pizzas for one
month.
"Having just
launched our own naan pizza, we thought National Pizza Month would be the
perfect time to celebrate with our consumers," said Mike Ryan, VP of Sales
& Marketing, Tandoor Chef. "We have come up with four delicious
vegetarian naan pizza varieties and we can't wait to see what our Indian
cuisine lovers come up with."
To enter the
contest, individuals can complete an entry form online at TandoorChef.com or
simply send a post card or 3" x 5" index card with their name,
address and contact information, along with their original recipe to
"Tandoor Chef's Naan Your Average Pizza Contest" c/o 6116 Cleveland
Avenue, Columbus, Ohio 43231. No purchase is necessary to participate.
About Tandoor Chef
Tandoor Chef,
produced by Deep Foods, is a second-generation family owned and operated
leading manufacturer of Indian cuisine. Tandoor Chef is committed to producing
restaurant quality, all natural frozen Indian food. A quality innovation
leader, Tandoor Chef provides exotic flavors and meal experiences, rooted in
the convenience of the frozen food category.
www.TandoorChef.com
www.Facebook.com/TandoorChef
www.Twitter.com/TandoorChef
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Deep Foods Inc. introduces frozen Indian meals |
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Refrigerated
& Frozen Foods Retailer |
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[What follows is
the full text of the article.] Deep Foods Inc.,
Union, N.J., is launching two Tandoor Chef-branded South Indian-inspired
all-natural frozen meals: Lamb Vindaloo with Turmeric-Infused Basmati Rice
and Masala Dosa with Chutney. Also available
is Palak Paneer Samosa in handheld appetizers. Each product has
a suggested retail price of $3.99. The company also
is rolling out a line of Tandoor Chef better-for-you vegetarian Indian meals
called Balanced Vegetarian. All five
vegetarian varieties are made with olive oil and select dishes also are vegan
and gluten-free. Selections
include Kofta Curry with Channa Masala & Spinach Basmati Pilaf, Mutter
Paneer with Dal Palak & Cumin-Infused Basmati Rice, Palak Paneer with Dal
Makhani & Turmeric-Infused Basmati Rice, Paneer Tikka Masala with Rajma
Dal & Onion Basmati Rice, and Vegetable Korma with Dal Rajasthani &
Cumin-Infused Basmati Rice. Each item has a
suggested retail price of $3.99.
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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.46.05 |
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1 |
Rs.75.19 |
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Euro |
1 |
Rs.66.47 |
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.