MIRA INFORM REPORT

 

 

Report Date :

23.12.2011

 

IDENTIFICATION DETAILS

 

Name :

GLOBAL WEDGE INC

 

 

Registered Office :

8807 Mesa Oak Dr Riverside, CA 92508-3178

 

 

Country :

United States

 

 

Year of Establishment :

2001

 

 

Legal Form :

Private Independent

 

 

Line of Business :

Wholesale of hardware, plumbing and heating equipment and supplies

 

 

No. of Employees :

4

 

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 :

$250 (USD)

Status :

Small Company

Payment Behaviour :

No Complaints

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

United States

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name and address

 

Top of Form

Bottom of Form

Global Wedge Inc

                                                                                                                                                  

 

8807 Mesa Oak Dr

 

 

Riverside, CA 92508-3178

United States

 

 

Tel:

951-413-1482

 

www.globalwedge.com

 

Employees:

4

Company Type:

Private Independent

 

 

Incorporation Date:

2001

Financials in:

USD (mill)

 

 

Reporting Currency:

US Dollar

Annual Sales:

14.4

Total Assets:

NA

 

Corporate Office

3267 Larkspur Street, Tustin CA 92782, United States

Business Description       

 

Establishments primarily engaged in the wholesale distribution of hydronic plumbing and heating equipment and supplies.

          

Industry                                                                                                                               

 

Industry

Miscellaneous Capital Goods

ANZSIC 2006:

3332 - Plumbing Goods Wholesaling

NACE 2002:

5154 - Wholesale of hardware, plumbing and heating equipment and supplies

NAICS 2002:

423720 - Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers

UK SIC 2003:

5154 - Wholesale of hardware, plumbing and heating equipment and supplies

US SIC 1987:

5074 - Plumbing and Heating Equipment and Supplies (Hydronics)

 

Key Executives   (Emails Available)      

 

Name

Title

Rao Marella

Owner

1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1


Corporate Overview

 

Location
8807 Mesa Oak Dr
Riverside, CA, 92508-3178
Riverside County
United States

 

Tel:

951-413-1482

 

www.globalwedge.com

Sales USD(mil):

14.4

Assets USD(mil):

NA

Employees:

4

 

Industry:

Miscellaneous Capital Goods

Incorporation Date:

2001

Company Type:

Private Independent

Quoted Status:

Not Quoted

 

Owner:

Rao Marella

Contents

Industry Codes

Business Description

Financial Data

Additional Information

 

 

Industry Codes

 

ANZSIC 2006 Codes:

3332

-

Plumbing Goods Wholesaling

 

NACE 2002 Codes:

5154

-

Wholesale of hardware, plumbing and heating equipment and supplies

 

NAICS 2002 Codes:

423720

-

Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers

 

US SIC 1987:

5074

-

Plumbing and Heating Equipment and Supplies (Hydronics)

 

UK SIC 2003:

5154

-

Wholesale of hardware, plumbing and heating equipment and supplies

 

 

Business Description

Establishments primarily engaged in the wholesale distribution of hydronic plumbing and heating equipment and supplies.

 

 

 

 

 

 

 

 

Financial Data

 

Financials in:

USD(mil)

 

Revenue:

14.4

1 Year Growth

NA

 

 

 

Additional Infomation

 

 

 

Location

8807 Mesa Oak Dr
Riverside, CA 92508-3178
United States

 

County:

Riverside

MSA:

Riversd-SB, CA

 

Phone:

951-413-1482

URL:

http://globalwedge.com

 

ABI©:

400076130

 

Annual Sales:

$14,400,000 (USD)

Employees:

4

 

Facility Size(ft2):

10,000 - 39,999

 

Business Type:

Private

Location Type:

Single Location

 

RECOMMENDED CREDIT LIMIT *

   $250 (USD)

 

 

Primary Line of Business:

SIC:

5074-06 - Plumbing Fixtures & Supplies-Wholesale

NAICS:

423720 - Plumbing Equip Merchant Whols

Secondary Lines of Business:

 

 

Table of Contents

 

External Links

http://globalwedge.com

 

 

 

 

 

Executives Report

 

 

Executives

 

Name

Title

Function

Rao Marella

View Email

Owner

Chief Executive Officer

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.52.78

UK Pound

1

Rs.82.73

Euro

1

Rs.68.88

 

 

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.