MIRA
INFORM REPORT
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Report Date : |
28.07.2011 |
IDENTIFICATION DETAILS
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Name : |
GLOBAL RESPONDEZ INC |
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Registered Office : |
50 Cragwood Road # 312 South Plainfield, NJ 07080-2436 |
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Country : |
United States |
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Date of Incorporation : |
31.03.2003 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Offshore outsourcing advisory services. |
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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 : |
Unknown |
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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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Legal Name: |
Global Respondez Inc |
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Legal Address |
50 Cragwood Road # 312 South Plainfield, NJ 07080-2436, USA |
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Telephone: |
908-561-5154 |
Corporate ID : |
100895533 |
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Fax: |
908-561-5321 |
Legal Form: |
Corporation for Profit |
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Email: |
sandeep@globalrespondez.com |
Registered in: |
New Jersey |
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Website: |
http://www.globalrespondez.net/ |
Date Created: |
NA |
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Manager: |
Anil Wadhwa President |
Date Incorporated: |
March,31,2003 |
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Staff: |
3 |
Stock: |
NA |
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Value: |
NA |
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Activity: |
Offshore outsourcing advisory services. |
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BANKS
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Name of the Bank |
HSBC Bank |
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BUSINESS
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HISTORY |
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The company is located in South Plainfield, NJ,USA. |
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PRINCIPAL ACTIVITY |
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Global Respondez Inc. is an offsourcing (offshore outsourcing)
solutions company with its core focus on providing offshore outsourcing
advisory services to its clients. With a deep-rooted insight into offshore
business markets and the experience of successfully transitioning several
projects on behalf of its US based clients, Global Respondez is uniquely
positioned in this space. They function through a team of dynamic consultants, each of whom have
rich experience of the offshore market along with a keen understanding of
American business practices and requirements. |
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Products/Services description: |
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Inbound Services Customer Support Tele-sales and Order Booking Helpdesk Services Product and Information Requests Outbound Services Tele-sales Appointment Setting Data Cleansing Tele-Research Debt Collection Web and E-mail E-mail Support Web Chat and Collaborative Browsing Fax Processing Business Process Outsourcing Transaction Management Processes Insurance Claim Processing Medical Billing Accounting and HR Processes |
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Operations area: |
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National |
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Trade References: |
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Despite our long search we were not able to identify the company’s
trade references. |
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The subject employs 3 employee(s) |
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PAYMENTS |
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To be monitored |
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Comments on location: |
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Located in New Jersey |
Shareholders - Manager - Related Companies
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Shareholders Parent Company(ies): |
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Despite our long search we were not able to identify the company’s
shareholders. |
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Management: |
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Anil Woadhwa President Gita Rathore Office Manager Amardeep Assar Director |
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 |
2010 |
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Turnover |
250,000 |
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Legal Fillings |
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There are no UCC** files listed
with the Secretary of State of New Jersey. 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
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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 company with 3 employees and 8 years of operations. We did not find any specific adverse record against the company during
the investigation. The staff was not cooperative on the company’s financials. The company presents small income for its size. We suggest working with guarantees and monitoring on payment. |
SUMMARY
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Profitability |
LOW |
Public Records |
NO |
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Indebtedness |
CONTROLLED |
Payments |
TO BE MONITORED |
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Cash |
MEDIUMA. |
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APPENDIX
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Comments |
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The person contacted was not cooperative, and was unwilling to confirm
any information. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.43.94 |
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1 |
Rs.72.12 |
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Euro |
1 |
Rs.63.66 |
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 |
-- |
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.