MIRA INFORM REPORT
|
Report Date : |
26.02.2011 |
IDENTIFICATION DETAILS
|
Name : |
THERMO ELECTRON SCIENTIFIC INSTRUMENTS LLC |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
01.05.2005 |
|
|
|
|
Legal Form : |
Corporation for Profit |
|
|
|
|
Line of Business : |
Analytical Instruments |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 500,000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment
Behaviour : |
Regular |
|
|
|
|
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
|
Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
|
|
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
GEOPOLITICS - UNITED STATES
|
POLITICAL DATA |
ECONOMIC DATA |
|
Form of Government: Federal
|
Currency: USD |
IDENTIFICATION
|
Ordered as: |
Thermo Electron Scientific Instruments LLC |
||
|
Address in the order: |
|
||
|
Legal Name: |
Thermo Electron Scientific Instruments LLC |
||
|
Legal Address |
615 SOUTH DUPONT HIGHWAY |
||
|
Telephone: |
+1 (608) 276-6100 |
: |
3961052 |
|
Fax: |
+1 (608) 273-6882 |
Legal Form: |
Corporation for Profit |
|
Email: |
- |
Registered in: |
|
|
Website: |
Date Created: |
2005 |
|
|
Manager: |
Eric Jiang, Manager |
Date Incorporated: |
May1st, 2005 |
|
Staff: |
582 |
Stock: |
N.A |
|
|
|
Value: |
N.A |
|
Activity: |
Analytical Instruments |
||
BANKS
|
Name of the Bank |
Bank Of |
BUSINESS
|
HISTORY |
|
|
|
This company was created in the year 2005. |
|
PRINCIPAL ACTIVITY |
|
|
|
The company engages in Electronic & Precision Equipment Repair,and
Analytical Laboratory Instrument. |
|
Products/Services description: |
|
|
|
Analytical instruments Analytical Instrument Repair Services Analytical Laboratory Instrument Manufacturing |
|
Sales are: |
|
|
|
Wholesale |
|
Clients: |
|
|
|
Various industries |
|
The company does not import |
|
|
The company export to Worldwide |
|
|
PAYMENTS |
|
|
|
regular |
|
LOCATION |
|
|
Headquarters |
|
|
|
This company is headquartered at |
|
Comments on location: |
|
|
|
This company is incorporated in |
|
Branches: |
|
|
|
There were no branches found for this company. |
Shareholders - Manager - Related Companies
|
Shareholders Parent Company(ies): |
|
|
|
This company is wholly own subsidiary of Thermo Fisher Scientific,
Inc. is a public company traded at the stock exchange NYSE under ticker
symbol "TMO" Phone: 781-622-1000 |
|
Management: |
|
|
|
Eric Jiang, Manager Dan Sippola, Manager Douglas Otto, Network Engineer |
Financials - COMMERCIAL TRENDS AND FORECAST
|
As a private company the subject does not publish any financial
statements. |
|
We have contacted Tannya who refused to provide us any financial data
on grounds of confidentiality. |
|
Currency |
DATE |
|
USD |
2009(Consolidated from mother company) |
|
Turnover |
10,079,700,000 |
|
Operating Income |
1,048,900,000 |
|
Net Income |
850,300,000 |
|
Current Assets |
4,530,900,000 |
|
Fixed Assets |
111,000,000 |
|
Net worth |
15,430,900,000 |
|
Liabilities |
6,194,100,000 |
|
Legal Fillings |
|
There are 147 UCC** files listed with the
Secretary of State of Delaware. There was a law suit found against this
company and Thermo Fisher Scientific Inc (its mother company): Tex Pat, LLC v. Thermo Fisher Scientific
Inc et al Filed: August 22, 2010 as 5:2010cv00145
Updated: August 22, 2010 20:34:50 Plaintiff: Defendants: Thermo Electron Australia Pty
Limited, Thermo Electron Cause Of Action: Fed. Question The last annual report belonging to its
mother company was filed on December 31st, 2009. THE COMPANY IS NOT LISTED ON THE OFAC
LIST.* 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
corporations. |
Rating
|
Local credit bureau gave a Correct credit
rate. The company is in Good Standing. This means
that all local and federal taxes were paid on due date. |
|
|
Final Opinion |
|
|
|
This company has been in business for 6
years. It has a staff of 582 employees which makes it a medium sized company. The company is wholly own subsidiary of Thermo
Fisher Scientific, Inc. is a public company traded at the stock exchange NYSE
under ticker symbol "TMO". There was a law suit found against both,
Thermo Electron Scientific Instruments LLC and its mother company. Although there was no financial information
found for this company we were able to get the financial figures from its
mother company, and it gave a Good profitability for the year 2009. A credit line may be considered for USD
500,000 |
SUMMARY
|
|
|
||
|
Profitability |
CORRECT |
Public Records |
NO |
|
Indebtedness |
N.A. |
Payments |
REGULAR |
|
Cash |
|
|
|
APPENDIX
|
Person Interviewed |
|
|
|
Tannya |
|
Position |
|
|
|
Receptionist |
|
Comments |
|
|
|
She refused to provide us with financial information in grounds of
confidentiality. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.37 |
|
|
1 |
Rs.73.25 |
|
Euro |
1 |
Rs.62.68 |
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 |
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.