MIRA INFORM REPORT
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Report Date : |
15.07.2011 |
IDENTIFICATION DETAILS
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Name : |
ACUNA INTERNATIONAL LLC |
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Registered Office : |
1309 Flax Moss Court San Jose Ca 95120 |
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Country : |
United States |
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Date of Incorporation : |
31.08.1998 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Nondurable Goods Merchant Wholesalers |
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 : |
No Complaints |
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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 – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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United States |
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: |
Acuna International LLC |
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Address in the order: |
1309 Flax Moss Ct San Jose, CA 95120 |
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Legal Name: |
Acuna International LLC |
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Legal Address |
1309 FLAX MOSS COURT SAN JOSE CA 95120 |
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Telephone: |
+1 (408) 323-9275 |
ID : |
199824310005 |
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Fax: |
+1 (888) 881-3457 |
Legal Form: |
Limited Liability Company |
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Email: |
info@acunainternational.com |
Registered in: |
California |
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Website: |
www.acunainternational.com |
Date Created: |
1988 |
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Manager: |
Manish Mehta, Partner |
Date Incorporated: |
August 31st, 1998 |
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Staff: |
2 |
Stock: |
NA |
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Value: |
NA |
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Activity: |
Nondurable Goods Merchant Wholesalers |
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BUSINESS
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HISTORY |
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This company was created in the year 1988. |
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PRINCIPAL ACTIVITY |
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The company is categorized under Miscellaneous Nondurable Goods
Merchant Wholesalers. The company provides stainless steel, paper and granite products. |
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Products/Services description: |
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Pet Supplies: Pet Bowls/Pet Dishes Dog Bowls/No-tip No-skid
Bowls Puppy Dishes Puppy Saucers Double Dinners Pail Buckets Coop Cups Stands Housewares: Salad Server Mixing Bowls Colanders Spice Measuring Spoon Shoe Horns Spoon Rests Noodle/Spaghetti Measure Economy Potato Masher Stones: Slates Granite Marble Limestones Sandstones Cobbles Pebbles Among others. |
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Sales are: |
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Wholesale |
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Clients: |
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Various industries |
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Operations area: |
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National, International, Local |
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The company imports from India |
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The subject employs 2 employee(s) |
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PAYMENTS |
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regular |
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Branches: |
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The company has a manufacturing base in India and a warehouse facility
in New Jersey. |
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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Manish Mehta, Partner |
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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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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Currency |
DATE |
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USD |
160,000 |
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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 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
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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 23
years. It has a staff of 2 employees which makes it a small sized company. There were no legal filings found against the
company or its legal representatives. We have contacted the company, but they
refused to provide us any financial information on grounds of
confidentiality. Our banking sources provided us with the
revenue for the year 2010. The company gave a low profitability for
that year. Therefore we suggest working with
GUARANTEES. |
SUMMARY
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Profitability |
LOW |
Public Records |
NO |
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Indebtedness |
CONTROLLED |
Payments |
REGULAR |
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Cash |
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APPENDIX
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Person Interviewed |
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Female representative |
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Comments |
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She refused to provide us any financial data 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.44.53 |
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UK Pound |
1 |
Rs.71.80 |
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Euro |
1 |
Rs.63.15 |
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.