MIRA INFORM REPORT
|
Report Date : |
06.07.2011 |
IDENTIFICATION DETAILS
|
Name : |
ALL STAR TRADING INC |
|
|
|
|
Registered Office : |
1480 Renaissance Drive, Suite 402, Park Ridge, Il
60068 |
|
|
|
|
Country : |
United States |
|
|
|
|
Date of Incorporation : |
25.04.2002 |
|
|
|
|
Legal Form : |
Corporation for Profit |
|
|
|
|
Line of Business : |
Merchandise commodities,
like pet food , bird food, and feed
ingredients needs |
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 20,000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment
Behaviour : |
Usually Correct |
|
|
|
|
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
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
|
Currency: USD |
IDENTIFICATION
|
Ordered as: |
All Star Trading Inc |
||
|
Address in the order: |
1480 Renaissance Drive, Suite
402, Park Ridge, Il 60068 |
||
|
|
|
||
|
Legal Name: |
All Star Trading Inc |
||
|
|
|
||
|
Legal Address |
1480 Renaissance Drive,
Suite 402, Park Ridge, Il 60068 |
||
|
|
|
||
|
Telephone: |
(847) 375-8675 |
File Number : |
62187506 |
|
Fax: |
847 375 8813 |
Legal Form: |
Corporation for Profit |
|
Email: |
mail@allstartrading.com |
Registered in: |
ILLINOIS |
|
Website: |
www.allstartrading.com |
Date Created: |
NA |
|
Manager: |
Ted Kenedy President |
Date Incorporated: |
April 25, 2002 |
|
Staff: |
Less than 10 people |
Stock: |
NA |
|
|
|
Value: |
NA |
|
Activity: |
Merchandise commodities, like pet food , bird food, and feed
ingredients needs. |
||
BANKS
|
Name of the Bank |
AMERICAN CHARTERED BANK |
BUSINESS
|
HISTORY |
|
|
|
The company was created
in 2002 |
|
PRINCIPAL ACTIVITY |
|
|
|
All Star Trading is a
grain and feed merchandising firm dedicated to the agricultural industry. |
|
Products/Services description: |
|
|
|
Alfalfa Meal, Flax Seed, Raisins,
Alfalfa Pellets, Almonds Mango, Dried
Steam, Rolled Corn |
|
Sales are: |
|
|
|
Wholesale |
|
Operations area: |
|
|
|
National |
|
The subject employs Less
than 10 people employee(s) |
|
|
LOCATION |
|
|
Headquarters |
|
|
|
1480 Renaissance Drive, Suite
402, Park Ridge, Il 60068 |
|
Comments on location: |
|
|
|
Single Location |
Shareholders - Manager - Related Companies
|
Shareholders Parent Company(ies): |
|
|
|
Despite our long searches
we were unable to identify the company’s shareholders. |
|
Management: |
|
|
|
Ted Kennedy, President Robert Mann, Vice
President |
Financials - COMMERCIAL TRENDS AND
FORECAST
|
As a private company the subject
does not publish any financial statements. |
|
We have contacted the
company, who refused to provide us any financial data without knowing
the name of the inquiring party. |
|
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. |
|
Comments on the financial data: The company has an estimated revenue of about USD 2,5 to 5 million. |
|
Legal Fillings |
|
There are 2 UCC** files listed
with the Secretary of State of Illinois. Filing Number: 016351822 Filing Date: 06-14-2011 Secured Party: GREATAMERICA LEASING CORPORATION Filing Number: 016239283 Filing Date: 05-03-2011 Secured Party: TOYOTA MOTOR CREDIT CORPORATION There are no legal filings listed with the District Court. The last annual report was filed on
2010. 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 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 is a small sized American company, which employs less than 10
people and has 8 years of experience in the market. We did not find any specific adverse record against the company during
the investigation. Its income is correct for its size. We advise a credit line in the range of USD 20,000 |
SUMMARY
|
|
|
||
|
Profitability |
CORRECT |
Public Records |
NO |
|
Indebtedness |
CONTROLLED |
Payments |
REGULAR |
|
Cash |
NORMAL |
|
|
APPENDIX
|
Comments |
|
|
|
We have contacted the
company, who refused to provide us any financial data without knowing the
name of the inquiring party. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.50 |
|
UK Pound |
1 |
Rs.71.25 |
|
Euro |
1 |
Rs.64.40 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.