MIRA INFORM REPORT
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Report Date : |
20.07.2011 |
IDENTIFICATION DETAILS
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Name : |
MILES CONSULTING CORP |
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Registered Office : |
193 Blue Ravine Rd # 160 Folsom, CA, 956304756 |
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Country : |
United States |
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Date of Incorporation : |
26.08.2002 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
IT Outsourcing |
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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Maximum Credit Limit : |
USD 50,000 |
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Status : |
Small Company |
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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: |
Miles Consulting Corp |
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Address in the order: |
Nerada |
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Comments on data supplied: |
Dear client: The address you provided is that of a non incorporated business unit.
We've learned that this company is actually headquartered at 193 Blue Ravine Rd
# 160 Folsom, CA, 956304756, with presence in Nevada, but no branches. That
is why we proceed on making the report under that address. |
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Legal Name: |
Miles Consulting Corp |
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Legal Address |
193 Blue Ravine Rd # 160 Folsom, CA, 956304756 |
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Telephone: |
+1 (866) 844-5055 |
ID : |
C2467063 |
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Fax: |
+1 (916) 244-0518 |
Legal Form: |
Corporation for Profit |
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Email: |
Registered in: |
California |
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Website: |
Date Created: |
2002 |
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Manager: |
MILES FEINBERG, PRESIDENT |
Date Incorporated: |
August 26th, 2002 |
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Staff: |
30 |
Stock: |
NA |
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Value: |
NA |
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Activity: |
IT Outsourcing |
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BANKS
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Name of the Bank |
Ironstone Bank |
BUSINESS
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HISTORY |
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This company was created in the year 2002. |
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PRINCIPAL ACTIVITY |
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This is an IT Outsourcing firm focused on enterprise networking design
and .NET application development. We have expertise on Windows Server based
Active Directory networks, Hyper-V virtualization,as well as Exchange Server,
SQL Server, Dynamics CRM, and Sharepoint. |
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Products/Services description: |
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Anti-Virus Management Spyware Management Temporary File/Internet Debris Removal Patch Management Asset-Tracking - hardware and software Quarterly IT Strategy review meetings with your Virtual CIO Annual IT Disaster Recovery Plan updates Annual IT budgeting and project planning assistance |
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Sales are: |
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Wholesale, Retail |
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Clients: |
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General clientele Various industries |
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The company imports from Worldwide |
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The company does not export |
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PAYMENTS |
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regular |
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Branches: |
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The company has several precense all over the US. However the company has only one main office in Folsom California,
which is the one listed above. |
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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Miles Feinberg, President Stephen Monk, Finance Executive |
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 Ashley who confirmed basic information; However she
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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Currency |
DATE |
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USD |
2010 |
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Turnover |
3,000,000 |
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Legal Fillings |
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There are two UCC** files listed with the
Secretary of State of California: Filing Number: 117263132319 Filing Date: 03-11-2011 Debtor: MILES
CONSULTING CORP Filing Number: 067089348429 Filing Date: 10-24-2006 Debtor: MILES
CONSULTING CORP. There are no legal filings listed with the
District Court. The last annual report was filed on XXX. 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 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 small sized company with 30
employees and 9 years of experience. There were no legal filings found against the
company or its legal representatives. Our agent contacted the company, but they
refused to provide us any financial information per security purposes. The company gave a medium profitability
for that year. Therefore a credit line may be considered
for USD 50,000 |
SUMMARY
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Profitability |
MEDIUM |
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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Ashley |
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Position |
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Representative |
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Comments |
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She confirmed basic information, such as the company's headquarters.
However 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.44.59 |
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UK Pound |
1 |
Rs.71.62 |
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Euro |
1 |
Rs.62.78 |
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.