MIRA INFORM
REPORT
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Report Date : |
19.07.2011 |
IDENTIFICATION DETAILS
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Name : |
QUANTUM DESIGN INC |
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Registered Office : |
6325 Lusk Blvd San Diego, California
92121 |
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Country : |
United States |
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Date of Incorporation : |
12.04.1982 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Design and engineering capabilities in specific areas of applied physics |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 350,000 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Usually Correct |
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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: |
Quantum Design USA |
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Address in the order: |
6325 Lusk Bonlevard San Diego, CA 92121-3733 |
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Comments on data supplied: |
Dear client: The company name you provided is that of a
non incorporated business unit. We've learned that the actual name is Quantum
Design, Inc. located at the address you provided. That is why we proceed on
making the report under that company name. |
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Legal Name: |
Quantum Design Inc |
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Legal Address |
6325 Lusk Blvd San Diego, California
92121, USA |
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Telephone: |
+1 (858) 481-4400 |
ID : |
C1070576 |
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Fax: |
+1 (858) 481-7410 |
Legal Form: |
Corporation for Profit |
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Email: |
Info@qdusa.com |
Registered in: |
California |
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Website: |
www.qdusa.com |
Date Created: |
1982 |
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Manager: |
Jerry Daviess, President |
Date Incorporated: |
April 12th, 1982 |
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Staff: |
125 |
Stock: |
NA |
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Value: |
NA |
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Activity: |
Design and engineering capabilities in specific areas of applied
physics |
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BANKS
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Name of the Bank |
Bank of America |
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Name of the Bank |
Union Bank of California |
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Name of the Bank |
Wells Fargo Bank |
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Name of the Bank |
Bank National Association |
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Name of the Bank |
Union Bank Of California, N.A |
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Name of the Bank |
Bank Of The West |
BUSINESS
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HISTORY |
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This company was created in the year 1982. |
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PRINCIPAL ACTIVITY |
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The company develops and markets cryogenic systems and instruments, and
automated material characterization systems for the physics, chemistry,
biology, material science, and manufacturing communities. The company’s products are used for materials characterization,
high-sensitivity electrical measurement, and defense-related magnetic anomaly
detection applications. The company also distributes products from other manufacturers. It
sells its products through distributors in Japan and Europe. |
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Products/Services description: |
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Low-temperature super conducting quantum interference devices (SQUID) Cryogenic transducers Magnetic property measurement system SQUID based magnetometers Tesla vibrating sample magnetometers Physical property measurement system multi-application platforms SQUID sensors and electronics Pressure cells Magnetic assay readers. |
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Sales are: |
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Wholesale, Retail |
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Brands: |
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VersaLab |
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Clients: |
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General clientele Various industries |
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Operations area: |
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National, International |
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The company imports from Japan |
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The company export to Japan, Europe, China and India |
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The subject employs 125 employee(s) |
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PAYMENTS |
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regular |
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Branches: |
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The company has the following branch: -Rua Frei Antonio de Pàdua 1139 Jardim Guanabara 13073-330 Campinas São Paulo, Brazil |
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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Jerry Daviess, President Greg DeGeller, Chief Operating Officer David Schultz, CFO Ralph Köhler Managing Director Stefano Spagna, Ph.D., Director of Engineering |
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Related Companies: |
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Quantum Design Japan is a subsidiary of Quantum Design, Inc. Contact: Mr. Noritaka Kimura Sanpou Ikebukuro Building, 4-32-8, Ikebukuro Toshima-ku, Tokyo 171-0014, Japan TEL: 81-3-5954-8570 FAX: 81-3-5954-6570 EMAIL: matsci@qdj.co.jp WEB: www.qd-japan.com |
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 company but the person who took the call refused
to provide us any financial data without knowing the name of the inquiring
party. |
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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 |
2010 |
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Turnover |
22,800,000 |
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Currency |
DATE |
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USD |
2008 |
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Turnover |
15,900,000 |
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The cash flow is |
Normal |
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There
are 360 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 medium 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 29
years. It has a staff of 125 employees which makes it a medium sized company. There were no legal filings found against
the company or its legal representatives. We've contacted the company, but they
refused to provide us any financial information without knowing the name of
the inquiring party. The company gave a good profitability for
the year 2010. In addition, there was certain increase on
the revenue compared to the year 2008, on a 30%. Therefore a credit line may be considered
for USD 350,000 |
SUMMARY
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Profitability |
GOOD |
Public Records |
NO |
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Indebtedness |
CONTROLLED |
Payments |
REGULAR |
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Cash |
NORMAL |
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APPENDIX
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Person Interviewed |
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Male representative |
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Comments |
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He refused to provide us any financial data without knowing the name
of the inquiring party. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.57 |
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UK Pound |
1 |
Rs.71.75 |
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Euro |
1 |
Rs.62.60 |
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.