MIRA INFORM REPORT
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Report Date : |
16.02.2011 |
IDENTIFICATION DETAILS
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Name : |
REMETALLIC LLC |
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Registered Office : |
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Country : |
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Date of Incorporation : |
11.01.2008 |
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Com. Reg. No.: |
3781185 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Trading Company dealing in metals |
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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Status : |
Moderate |
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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 – June 30, 2010
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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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 |
GEOPOLITICS - UNITED STATES
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POLITICAL DATA |
ECONOMIC DATA |
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;Form of Government: Federal
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Currency: USD |
IDENTIFICATION
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Ordered as: |
Remetallic LLC |
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Address in the order: |
317, |
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Legal Name: |
REMETALLIC LLC |
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Legal Address |
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Telephone: |
+1(610) 955-8290 |
Registration Number : |
3781185 |
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Fax: |
+1(484) 605-2300 |
Legal Form: |
Limited Liability Company |
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Email: |
Registered in: |
Pennslyvania |
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Website: |
Date Created: |
2000 |
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Manager: |
POOJA |
Date Incorporated: |
January 11th, 2008 |
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Staff: |
7 |
Stock: |
N.A. |
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Value: |
N.A. |
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Activity: |
Trading Company dealing in metals |
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BANKS
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Name of the Bank |
CITIZENS BANK |
BUSINESS
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HISTORY |
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This company was created in the year 2000. |
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PRINCIPAL ACTIVITY |
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The subject company is an International Trading Company dealing in the
steel trading business. |
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Products/Services description: |
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Stainless Steel-Sheet High Nickel Scrap HMS 1 & 2, Shredded Steel Scrap |
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Sales are: |
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Wholesale |
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The company does not import |
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The company export to Asia, the Middle East, Europe, Latin America or |
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PAYMENTS |
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regular |
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LOCATION |
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Headquarters |
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This company s headquartered at 317, |
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Branches: |
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There were no branches found for this company. |
Shareholders - Manager - Related Companies
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Shareholders Parent Company(ies): |
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This is a privately held company. Despite our long searches it has not
been possible to identify the shareholders. |
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Management: |
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POOJA Atul Gupta - Director |
Financials - COMMERCIAL TRENDS AND FORECAST
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As a private company the subject does not
publish any financial statements. |
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We have called the company, however we
were unable to get a representative, since we kept getting an answering machine;
Our agent left a message but we haven't got any answer yet |
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Legal Fillings |
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There are no UCC files listed with the
Secretary of State of Pennsylvania. There are no legal filings listed with the
District Court. For information: * The Specially Designated Nationals (SDN)
List is a publication of OFAC which lists individuals and organizations with
whom ** The Uniform Commercial Code (UCC) is
one of a number of uniform acts that have been promulgated in conjunction
with efforts to harmonize the law of sales and other commercial transactions
in all 50 states within the The UCC deals primarily with transactions
involving personal property (movable property), not real property (immovable
property). It allows a creditor to notify other
creditors about a debtor’s assets used as collateral for a secured
transaction by filing a public notice (financing statement) with a particular
filing office. The Uniform Commercial Code Bureau files
and maintains on financial obligations (including IRS liens) incurred by
individuals (in business as a sole proprietor), business entities and
corporation. |
Rating
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Local credit bureau gave a Low credit
rate. The company is in Good Standing. This
means that all local and federal taxes were paid on due date. |
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Final Opinion |
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The company reports to have about 10 years
experience in the business. it has a staff of 7 employees which makes it a
small sized company. There were no legal filings found against the company or
its legal representatives. There were no financial figures found for
the subject company. Due to the fact that we could not speak with
anyone from the company, We strongly suggest working with
GUARANTEES. |
SUMMARY
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Profitability |
N.A. |
Public Records |
NO |
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Indebtedness |
CONTROLLED |
Payments |
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Cash |
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APPENDIX
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Comments |
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We have called the company, however we were unable to get a
representative, since we kept getting an answering machine; Our agent left a
message but we haven't got any answer yet |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.50 |
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1 |
Rs.73.07 |
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Euro |
1 |
Rs.61.63 |
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 |
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.