MIRA INFORM
REPORT
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Report Date : |
06.01.2011 |
IDENTIFICATION DETAILS
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Name : |
GENAMERICA UNITED CORPORATION |
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Registered Office : |
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Country : |
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Date of Incorporation : |
05.10.1979 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Photographic Equipment Supplier |
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: |
Genamerica United Corp Inc |
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Address in the order: |
120, |
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Comments on data supplied: |
The address provided is that of a non incorporated business unit of
“Genamerica United Corporation” |
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Legal Name: |
Genamerica United Corporation |
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Legal Address |
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Telephone: |
(805) 988-9556 |
ID : |
C0963711 |
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Fax: |
(805) 988-0213 |
Legal Form: |
Corporation for Profit |
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Email: |
NA |
Registered in: |
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Website: |
http://www.ultrafineonline.com/ (business unit) |
Date Created: |
NA |
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Manager: |
Mike Keith, President |
Date Incorporated: |
October, 5th. 1979 |
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Staff: |
20 |
Stock: |
NA |
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Value: |
NA |
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Activity: |
Photographic Equipment Supplier |
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BUSINESS
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PRINCIPAL ACTIVITY |
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Photographic Equipment Supplier |
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Products/Services description: |
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Some of their products are: - Supplies for Traditional Photography: Traditional Black-and-White
Photo Papers, Color Films, Bulk Film Loading Supplies, Photo Accessories,
etc. - Digital Imaging: Ink Jet Desktop Media, Ink Jet Cartridges, Digital Memory Cards,
Digital Point and Shoot Cameras, etc. - Graphic Arts: Ultrafine Camera Films, Ultrafine Laser Film, etc. - Ultra Specials: InkJet Specials, |
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Sales are: |
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Wholesale |
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The subject employs 20 employee(s) |
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LOCATION |
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Headquarters |
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The company is headquartered at |
Shareholders - Manager - Related Companies
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Listed at the stock exchange: |
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NO |
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Shareholders Parent Company(ies): |
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This is a private company. |
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Management: |
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- Mike Keith (President) - Sharon Howe (Finance Executive) - Kevin Smith (Sales Executive) |
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 contacted the operator of the
company who refused to provide us any financial data without knowing the
name of the inquiring party. |
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Legal Fillings |
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There are no UCC** files listed with the
Secretary of State of California. There are no legal filings listed with the
District Court. 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
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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. |
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Final Opinion |
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This is a small sized American company
which employs 20 persons. We don't have any financial information,
nor do we have any payment experience. We suggest working with guarantees. |
SUMMARY
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Profitability |
N.A. |
Public Records |
NO |
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Indebtedness |
N.A. |
Payments |
N.A. |
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Cash |
N.A. |
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APPENDIX
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Position |
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Operator of the company |
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Comments |
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The person contacted refused to provide us with any information on
grounds of confidentiality. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.20 |
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1 |
Rs.70.27 |
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Euro |
1 |
Rs.59.99 |
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.