MIRA INFORM
REPORT
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Report Date : |
25.01.2011 |
IDENTIFICATION DETAILS
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Name : |
BUCKEYE CABLEVISION INC |
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Registered Office : |
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Country : |
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Date of Incorporation : |
03.02.1965 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Cable Television, Internet, and Telephone Services |
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 : |
Regular |
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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: |
Buckeye Cablevision Inc |
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Address in the order: |
115 S, |
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Comments on data supplied: |
Dear Client: The legal address is |
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Legal Name: |
Buckeye Cablevision Inc |
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Trade Name: |
Buckeye Cable System |
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Legal Address |
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Operative Address |
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Telephone: |
+1 (419) 724-9802 |
ID : |
337358 |
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Fax: |
419-724-7074 |
Legal Form: |
Corporation for Profit |
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Email: |
Registered in: |
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Website: |
Date Created: |
1965 |
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Manager: |
David Huey, President |
Date Incorporated: |
February 03rd, 1965 |
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Staff: |
22 |
Stock: |
N/A |
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Value: |
N/A |
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Activity: |
cable television, Internet, and telephone services |
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BANKS
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Name of the Bank |
Bank Of |
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Name of the Bank |
Mellon Bank |
BUSINESS
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HISTORY |
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This company was created on 1965. |
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PRINCIPAL ACTIVITY |
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This company is categorized under internet cable and other services
television. |
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Products/Services description: |
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Internet Phone Cable |
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Sales are: |
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Retail |
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Brands: |
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Espn Disney Soapnetic Buckeye express Buckeye Tel phone |
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Clients: |
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General clientele |
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Suppliers: |
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Disney CNN the Weather Channel Cartoon Network |
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Operations area: |
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National, Local |
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The company does not import |
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The company does not export |
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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 is headquartered at |
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Comments on location: |
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This company is incorporated at the address showed above, though its
operative address is |
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Branches: |
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Whiteford Township 115 S, Among Others. |
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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David Huey, President Joseph Jensen, Vice President |
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 Supervisor Christa who
refused to provide us any financial data on grounds of confidentiality. |
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However our financial sources could provide
us with the following data. Those figures are estimates provided by
confidential banking and financial institutions working with the company. |
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Legal Fillings |
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There are 8 UCC** files listed with the
Secretary of State of Ohio. 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 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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This company has been in business for 46
years, it has a staff of 22 employees which makes it a medium sized company. There
were no legal filings found against the company or its legal representatives.
As their supervisor refused to provide us with information; and as there were
no financial data found for this company, we strongly suggest working with
Guarantees |
SUMMARY
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Profitability |
N.A. |
Public
Records |
NO |
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Indebtedness |
N.A. |
Payments |
REGULAR |
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Cash |
N.A. |
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APPENDIX
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Person Interviewed |
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Christa |
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Position |
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Supervisor |
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Comments |
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Refused to provide us with information due to confidentiality reasons. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.58 |
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1 |
Rs.72.79 |
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Euro |
1 |
Rs.62.01 |
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.