MIRA INFORM REPORT

 

 

Report Date :

19.01.2011

 

IDENTIFICATION DETAILS

 

Correct Name :

ROPER SCIENTIFIC, INC

 

 

Registered Office :

2711 Centerville Road Suite 400 Wilmington, New Castle, De, 19808

 

 

Country :

United States 

 

 

Date of Incorporation :

01.03.1997

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

Designer and Manufacturer of cameras, spectrographs

 

 

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 :

500,000 USD

 

 

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)

United States 

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


Economic Risk: Nil

Currency: USD

Branch Situation: Stable

 

 

IDENTIFICATION

 

Ordered as:

Princeton Instruments

Address in the order:

3660 Quakerbridge Road, Trenton, NJ 08619 USA

Legal Name:

ROPER SCIENTIFIC, INC (Princeton Instruments)

Trade Name:

Princeton Instruments

Legal Address

2711 CENTERVILLE ROAD SUITE 400 WILMINGTON, NEW CASTLE, DE, 19808, USA

Operative address

3660 Quakerbridge Road, Trenton, NJ 08619,USA

Telephone:

+1 (609) 587-97 97  

Document Number :

2745578

Fax:

+1 (609) 587-19 70

Legal Form:

Corporation for Profit

Email:

info@princetoninstruments.com

Registered in:

Delaware

Website:

www.princetoninstruments.com

Date Created:

1997

Manager:

Don Templeman, President

Date Incorporated:

March 01st, 1997

Staff:

240 employees

Stock:

NA

 

 

Value:

NA

Activity:

Designer and Manufacturer of cameras, spectrographs.

 

 

BUSINESS

 

HISTORY

 

ROPER SCIENTIFIC, INC is a private company created in 1981.

ROPER SCIENTIFIC, INC is the legal name of Princeton Instruments.

The company has was founded 1981 and established in New Jersey.

 

1981 - Founded by Yair Talmi. Manufactured and sold high performance cooled array light detectors.

 

1995 - Introduced world's first scientific-grade gated ICCD Camera.

 

1997 - PentaMAX ICCD camera revolutionizes low-light-level single-molecule fluorescence applications.

 

2002 - Introduced world's first scientific-grade microscopy EMCCD camera.

 

2003 - Offers lifetime vacuum guarantee.

 

2004 - PIXIS CCD camera introduced, providing ultra-deep cooling and low noise.

 

2005 - OMA V - world's first scientific-grade 2D InGaAs camera for low-light NIR detection introduced.

 

2009 - ProEM professional-grade EMCCD Camera with GigE interface introduced.

PRINCIPAL ACTIVITY

 

ROPER SCIENTIFIC, INC is working as a designer and manufacturer of cameras; spectrographs; and optics-based solutions for the scientific research, industrial imaging, and OEM communities. We take pride in partnering with our customers to solve their most challenging problems in unique, innovative ways.

Products/Services description:

 

The subject manufactures a huge variety of products:

- Imaging Cameras

- Spectroscopy Cameras

- Acton Spectrographs

- X-Ray Cameras

- Acton Optics & Coatings

Sales are:

 

Wholesale

Clients:

 

Retailers

Operations area:

 

National, International

The company imports from Worldwide

The company export to Worldwide

Trade References:

 

Despite our searches we were not able to fins any company's trade references.

The subject employs 240 employee(s)

PAYMENTS

 

Regular

LOCATION

Headquarters

 

The company's headquartered at 3660 Quakerbridge Road Trenton, NJ 08619, USA

Comments on location:

 

The company is headquartered in Delaware for tax purposes

Branches:

 

The subject has another location in Massachusetts:

Princeton Instruments - Massachusetts

Acton Optics & Coatings

15 Discovery Way

Acton, MA 01720 USA

Tel: +1 978.263.3584 | Fax: +1 978.263.5086

 

 

Shareholders - Manager - Related Companies

 

Listed at the stock exchange:

 

NO

Shareholders Parent Company(ies):

 

The company is a subsidiary of  Roper Industries Inc, a publicly traded company at (NYSE: ROP) located at 6901 Professional Parkway East, Suite 200, Sarasota, Florida 34240

Phone: +1 (941)-556-2601

Fax: +1 (941)-556-2670

Employees: 7,650

Management:

 

Don Templeman, President

William Keating, Vice President of Sales & Marketing

Bill Asher, Vice President of Product Development

Steve DeJordy, Vice President of Operations

Dana Kelly, Vice President of Finance & Administration

Donna Chisick, Human Resources Manager

Related Companies:

 

- Germany

Roper Scientific, GmbH

Rosenheimer Landstr. 87

D-85521 Ottobrunn Germany

 

- France

Roper Scientific, SAS

Z.I. Petite Montagne Sud LISSES

9 rue de Forez - C.E. 1702

F-91017 Evry Cedex, France

 

- United Kingdom

Princeton Instruments UK

Beech House, 27a Little Marlow Road

Marlow, Buckinghamshire SL7 1HA

 

- Japan

PI - Japan Regional Office

Nippon Roper, K. K.

Sakurai Building

 

- China

PI - China - Regional Office

Room 1001 Sunjoy Mansion

No. 6 Ritan Road

 

- Singapore

PI - Asia - Pacific Regional Office

10 Eunos Road 8

Singapore Post Centre #12-06

 

Financials - COMMERCIAL TRENDS AND FORECAST

As a private company the subject does not publish any financial statements.

However our financial sources could provide us with the following data (estimates): Consolidated Parent company.

 

Currency

DATE

USD

2009

Turnover

2,049,668,000

Operating Income

395,396,000

Net Income

239,481,000

Net worth

2,421,490,000

Liabilities

1,906,246,000 

The cash flow is

Normal

 

Legal Fillings

There are several UCC files listed with the Secretary of State of Delaware.

 

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 United States citizens and permanent residents are prohibited from doing business.

 

 

** 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 United States of America. 

 

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 satisfying credit rate.

 

The company is in Good Standing. This means that all local and federal taxes were paid on due date.

 Final Opinion

 

This is a medium size company.

 

The firm is a subsidiary of Roper Industries Inc a publicly traded at the NYSE under the symbol "ROP".

 

Looking at the consolidating financials, we can see that the company is on a safe trend.

 

Indeed, the profitability is good and the payment trends are regular.

 

Considering the fact that company maintains a high level of activity, we believe that the company can bear a credit line in the range of 500,000 USD.

 

The business inspires confidence.

 

The business connection can be conducted.

 

 

SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

Profitability

GOOD

Public Records

NO

Indebtedness

CONTROLLED

Payments

REGULAR

Cash

NORMAL

 

 

 

 


APPENDIX

 

Person Interviewed

 

Donna Chisick

Position

 

Human Resources Manager

Comments

 

She was able to confirm us the information in the report.

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.53

UK Pound

1

Rs.72.56

Euro

1

Rs.60.62

 

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.