MIRA INFORM REPORT
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Report Date : |
01.06.2011 |
IDENTIFICATION DETAILS
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Name : |
SOUTHERN MARKETING AFFILIATES |
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Registered Office : |
2415 Industrial Dr, Jonesboro, AR 72401-6679 |
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Country : |
United States |
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Date of Incorporation : |
25.02.1964 |
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Com. Reg. No.: |
100047953 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Wholesaler of farm and garden machinery |
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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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: 100 USD = 70 EUR |
IDENTIFICATION
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Ordered as: |
Southern Marketing Affiliates |
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Address in the order: |
P O Box 2247, 2415 Industrial Drive, Jonesborg, AR 72402 2247 |
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Legal Name: |
Southern Marketing Affiliates |
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Trade Name: |
SMA; SMALINK |
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Legal Address |
2415 Industrial Dr, Jonesboro, AR 72401-6679, USA |
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Mailing Address |
P O Box 2247, 2415 Industrial Drive, Jonesboro, AR 72402 2247 USA |
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Telephone: |
+ 1 (870) 935-3291 |
Registration Number : |
100047953 |
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Fax: |
+ 1 (800) 643-0091 |
Legal Form: |
Corporation for Profit |
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Email: |
sma@smalink.com |
Registered in: |
Arkansas |
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Website: |
N.A |
Date Created: |
NA |
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Manager: |
Rodger Hurt, President |
Date Incorporated: |
February 25, 1964 |
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Staff: |
65 employees |
Stock: |
N.A |
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Value: |
N.A |
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Activity: |
Wholesaler of farm and garden machinery |
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BANKS
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Name of the Bank |
FIRST COMMUNITY BANK |
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Name of the Bank |
LIBERTY BANK OF ARKANSAS |
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Location |
P.O. BOX 7514, Jonesboro, AR 72403, USA Ph:
870-934-9000
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Comments |
Vice President, Lending Fax: 870-268-1520 |
BUSINESS
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PRINCIPAL ACTIVITY |
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Southern Marketing Affiliates, Inc. also does business as SMA;
SMALINK. It is a wholesaler of farm and garden machinery. Southern Marketing Affiliates, Inc is categorized under farm equipment
parts and supplies. The subject is well established with years of experience. RODGER HURT JR is the company's President. State Resale Certificate No. Arkansas 0015881-16-001 Louisiana 1419316W Tennessee 101714665 Georgia 20011674150 Mississippi 185-11786-8 Federal Tax ID #71-0356499 |
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Sales are: |
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Wholesale |
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Operations area: |
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National, International |
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Trade References: |
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Timken Corporation P.O. Box 751580, Charlotte, NC
28275, USA Ph: 877-484-6536 Fax: 888-846-5369 Cequent Trailer Products P.O. Box 67000 Dept #
246201, Detroit, MI 48267, USA Ph: 800-841-9330 Fax: 800-793-9569 Parker Hannifin Corporation 7881 Collection Center Drive,Chicago, IL 60693, USA Ph: 937-226-7000 Fax: 937-226-4689 Osmundson Mfg. Co. P.O. Box 2322, Cedar Rapids, IA 52406, USA Ph: 515-465-3545 Fax: 515-465-2126
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The subject employs 65 employee(s) |
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PAYMENTS |
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regular |
Shareholders - Manager - Related Companies
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Shareholders Parent Company(ies): |
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The subject company is privately held. |
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Management: |
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Rodger Hurt President Jane Mote Chief Financial Officer Dan White Sales Executive Charles R Hurt Jr President |
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
(estimates): The subject company is privately held. The staff was not willing not
confirm the name of the shareholders |
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Currency |
DATE |
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USD |
2010 |
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Turnover |
10,000,000-20,000,000 |
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Currency |
DATE |
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USD |
2008 |
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Turnover |
10,400,000 |
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Operating Income |
173,000 |
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Net Income |
101,000 |
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Net worth |
2,400,000 |
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Liabilities |
500,000 |
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Currency |
DATE |
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USD |
2007 |
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Turnover |
10,800,000 |
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Legal Fillings |
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There are no recent UCC files listed with the
Secretary of State of Arkansas: 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 well established business. The company has a medium size. The company's income estimate has remained
in the same range over the years. We maintain the company's credit line and
rating at this time. A business connection can be conducted. A review within 10 months is advised for
monitoring purposes. |
SUMMARY
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Profitability |
CORRECT |
Public Records |
NO |
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Indebtedness |
CONTROLLED |
Payments |
REGULAR |
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Cash |
NORMAL |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.03 |
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UK Pound |
1 |
Rs.74.43 |
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Euro |
1 |
Rs.64.75 |
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.