MIRA INFORM
REPORT
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Report Date : |
19.01.2011 |
IDENTIFICATION DETAILS
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Name : |
SUNDYNE CORP |
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Registered Office : |
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Country : |
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Date of Incorporation : |
08.03.1996 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
The company designs, manufactures, and supports industrial pump and
compressor products for the process fluid and gas industries |
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: |
Sundyne Corp |
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Address in the order: |
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Legal Name: |
Sundyne Corp |
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Legal Address |
Corporation Trust Center |
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Operative Address |
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Telephone: |
(303) 425-0800 |
ID : |
2598701 |
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Fax: |
(303) 425-0896 |
Legal Form: |
Corporation for Profit |
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Email: |
NA |
Registered in: |
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Website: |
Date Created: |
1998 |
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Manager: |
Mr. Phil Ruffner, President |
Date Incorporated: |
March, 8th. 1996 |
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Staff: |
900 (estimated) |
Stock: |
NA |
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Value: |
NA |
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Activity: |
The company designs, manufactures, and supports industrial pump and
compressor products for the process fluid and gas industries. |
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BUSINESS
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HISTORY |
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The company was created in 1998 |
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PRINCIPAL ACTIVITY |
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The company designs, manufactures, and supports industrial pump and
compressor products for the process fluid and gas industries. |
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Products/Services description: |
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The company's products include centrifugal pumps and compressors,
non-metallic sealless magnetic drive pumps, sealless pumps, sanitary pumps,
gear-driven process pumps, magnetic drive sealless pumps, electromagnetic
motors and generators, and spare parts. It also offers aftermarket services,
such as overhaul, repair, engineering, and technical support services. |
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Sales are: |
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Wholesale |
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Clients: |
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Professionals of the industry, mainly refining, pharmaceutical, food/beverage,
chemical and petrochemical industries |
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Suppliers: |
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The person contacted refused to provide the name of their suppliers
for us to check trade references. |
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Operations area: |
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National, International |
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The company imports from Worldwide, depending on the demand |
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The company export to Worldwide, mainly Europe and |
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The subject employs 900 (estimated) employee(s) |
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Comments on staff: |
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The company has over 900 employees; approximately 450 located outside
of the |
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LOCATION |
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Headquarters |
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The legal address of the company is: Corporation Trust Center 1209
Orange Street - However, it is headquartered at: |
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Comments on location: |
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The company was incorporated in |
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Branches: |
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The company has branches in |
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 which operates as a subsidiary of
"Hamilton-Sundstrand", a "United Technologies
Corporation". |
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Management: |
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Mr. Phil Ruffner, President Mr. Jeff Wiemelt, Vice President and General Manager Ms. Ingrid Russell, Director of Finance Mr. Alan Brown, Sales Manager Mr. Pat Hicks, Financial Controller |
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Related Companies: |
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Sundyne HMD Kontro Sealless Pumps ( Sundyne Marelli Pumps ( Sundyne Nikkiso ( |
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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Comments on the financial data: The operator of
the company transferred us to the accounting department's general voicemail.
We left a message in order to get further financial information, but we
haven't received any answer yet. |
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Legal Fillings |
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There are 3 UCC** files listed with the
Secretary of State of Colorado. 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 big sized American company which
employs over 900 employees (450 outside the We have no payments experience, nor do we
have any financial information. Therefore, 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 |
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Comments |
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The person contacted refused to provide us with any information on
grounds of confidentiality. She transferred us to the Accounting department's general voicemail and
we left a message in order to get further information. We haven't received
any answers yet. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.53 |
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1 |
Rs.72.56 |
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Euro |
1 |
Rs.60.62 |
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.