MIRA INFORM REPORT
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Report Date : |
23.06.2011 |
IDENTIFICATION DETAILS
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Name : |
FISHER SCIENTIFIC INTERNATIONAL INC. |
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Registered Office : |
Corporate Systems Inc , 505 Brookfield Dr., Dover, De 19901, |
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Country : |
United States |
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Date of Incorporation : |
19.09.1991 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Provides products and services to the scientific research and clinical laboratory markets. |
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 : |
Exists |
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: |
Fisher International |
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Address in the order: |
3970 Johns Creek Court Suite 500 Suwanee GA 30024 1297 |
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Comments on data supplied: |
The legal name of the company is FISHER SCIENTIFIC INTERNATIONAL INC. The address that you provided is a branch. You will find below the
company's headquarters. |
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Legal Name: |
FISHER SCIENTIFIC INTERNATIONAL INC. |
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Legal Address |
CORPORATE SYSTEMS INC. 505 BROOKFIELD DR., DOVER, DE 19901, USA (Registered Agent) |
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Operative Address |
81 Wyman Street, Waltham, MA 02451-1223, USA |
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Telephone: |
+ 1 (781) 622-1000 |
Document Number : |
2273998 |
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Fax: |
+ 1 (781) 622-1207 |
Legal Form: |
Corporation for Profit |
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Email: |
Registered in: |
Delaware |
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Website: |
Date Created: |
1902 |
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Manager: |
Dr. Marijn E. Dekkers, Chief Executive Officer |
Date Incorporated: |
September 19, 1991 |
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Staff: |
19,515 employees |
Stock: |
NA |
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Value: |
NA |
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Activity: |
Provides products and services to the scientific research and clinical
laboratory markets. |
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BANKS
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Name of the Bank |
WELLS FARGO |
BUSINESS
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HISTORY |
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The company was founded in 1902 and is based in Hampton, New
Hampshire. As of November 9, 2006, Fisher Scientific International, Inc. is a
subsidiary of Thermo Fisher Scientific, Inc. Key developments for Fisher Scientific International Inc. Fisher Scientific Presents at BioTrinity 2010, Apr-12-2010 04/12/2010 Fisher Scientific Presents at BioTrinity 2010, Apr-12-2010 . Venue:
Newbury Racecourse plc, The Racecourse, Newbury, Berkshire RG14 7NZ, United
Kingdom. Fisher Scientific Wins Multiple Awardees Contract for Laboratory
Supplies 09/9/2009 Fisher Scientific, Oslo, Norway, won a multiple awardees contract from
Norges Veterinaerhogskole for laboratory supplies to the Norwegian School of
Veterinary Science. The description of the contract is purchase and delivery
of laboratory supplies to the Norwegian School of Veterinary Science. Tenders
may be given for parts of the product areas or the entire product areas. |
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PRINCIPAL ACTIVITY |
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Fisher Scientific International, Inc. provides products and services
to the scientific research and clinical laboratory markets. |
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Products/Services description: |
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It operates in three segments: Scientific Products and Services,
Healthcare Products and Services, and Laboratory Workstations. The Scientific
Products and Services segment offers various products, including biochemicals
and bioreagents; organic and inorganic chemicals; sera; sterile
liquid-handling systems; microbiology media and related products; and other
scientific research-related consumable products, instruments, and equipment.
The Healthcare Products and Services segment offers diagnostic kits and
reagents, equipment, instruments, and other consumable products. It also
provides outsourced manufacturing services for diagnostic reagents,
calibrators, and controls to healthcare and pharmaceutical industries. The
Laboratory Workstations segment provides workstations and fume hoods for
laboratories. Its products include steel, wood, and plastic laminate casework
systems, adaptable furniture systems, airflow products, and various other
laboratory fixtures and accessories. Fisher serves pharmaceutical and biotechnology companies, colleges and
universities, medical-research institutions, hospitals, quality control,
process-control, and research and development labs in various industries, as
well as government agencies and third party distributors worldwide. The
company markets and sells its products and services through a direct sales
force, customer-service professionals, electronic commerce, third-party
distributors, and catalogs. |
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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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We were unable to confirm the trade references with the staff despites
extensive searches. |
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PAYMENTS |
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Regular |
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Branches: |
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The company has several branches in the US. Among them: 3970 Johns Creek Court, Suite 500, Suwanee, GA 30024-1297, USA |
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Shareholders - Manager - Related Companies
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Shareholders Parent Company(ies): |
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Thermo Fisher Scientific, Inc. 81 Wyman Street Waltham, MA 02454-9046 United States 37,000 employees |
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Management: |
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Dr. Marijn E. Dekkers Chief Executive Officer Seth Hoogasian, President Mr. Peter M. Wilver Chief Financial Officer and Senior Vice President Mr. Marc N. Casper Chief Operating Officer and Executive Vice President Mr. Fredric Walder Senior Vice President of Commercial Excellence Mr. Joe Massaro Senior Vice President of Global Business Services |
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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 (At group level) |
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Turnover |
10,788,700,000 |
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Liabilities |
1,035,600,000 |
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There are several UCC** files listed with
the Secretary of State of Delaware. There are no major 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 good 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 an established company. The business is profitable with worldwide
business partners. We did not find any information
threatening the business' creditworthiness. The structure inspires fair confidence. The entity can bear a credit line with
confidence. A business connection can be conducted. To fully secure the credit line granted we
suggest calling the parent company as a guarantor. |
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SUMMARY
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Profitability |
CORRECT |
Public Records |
YES |
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Indebtedness |
CONTROLLED |
Payments |
REGULAR |
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Cash |
NORMAL |
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APPENDIX
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Comments |
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The receptionist confirmed the company's locations. |
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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.44.82 |
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UK Pound |
1 |
Rs.72.84 |
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Euro |
1 |
Rs.64.58 |
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.