MIRA INFORM REPORT

 

 

Report Date :

24.03.2011

 

IDENTIFICATION DETAILS

 

Name :

ALPHA TECHNOLOGIES SERVICES LLC (ALPHA TECHNOLOGIES)

 

 

Registered Office :

Corporation Service Company  2711 Centerville Road Suite 400 Wilmington New Castle  DE 19808 (Registered Agent)

 

 

Country :

United States

 

 

Date of Incorporation :

21.06.1996

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacturer and provider of rubber and polymer laboratory instrumentation.

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

USD 300.000.

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

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 – December 31, 2010

 

Country Name

Previous Rating

(30.09.2010)

Current Rating

(31.12.2010)

United States

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

GEOPOLITICS - UNITED STATES

 

POLITICAL DATA

ECONOMIC DATA

Form of Government: Federal


Economic Risk: Nil

Currency: USD

Branch Situation: Stable

 

 

IDENTIFICATION

 

Legal Name:

Alpha Technologies Services Llc (Alpha Technologies)

Legal Address

Corporation Service Company  2711 Centerville Road Suite 400 Wilmington New Castle  DE 19808 (Registered Agent)

Operative Address

3030 Gilchrist Rd Akron, Ohio 44305, U.S.

Telephone:

+1 330 745 1641

ID :

2636777

Fax:

+1 330 848 7326

Legal Form:

Limited Liability Company

Email:

info@alpha-technologies.com

Registered in:

Delaware

Website:

http://www.alpha-technologies.com

Date Created:

1968

Manager:

Kenneeth Brown

Date Incorporated:

June 21, 1996

Staff:

90

Stock:

NA

 

 

Value:

NA

Activity:

Manufacturer and provider of rubber and polymer laboratory instrumentation.

 

 

BANKS

 

Name of the Bank

FIFTH THIRD BANK

 

Name of the Bank

HARRIS TRUST AND SAVINGS BANK

 

BUSINESS

 

HISTORY

 

The company was founded in 1968 and is headquartered in Akron, Ohio. As of September 1, 2004, Alpha Technologies Services LLC is a subsidiary of Dynisco L.L.C.

 

PRINCIPAL ACTIVITY

 

Alpha Technologies Services LLC engages in the design, manufacture, service, and support of precision rubber and polymer laboratory instrumentation, and data acquisition/analysis software systems. The company’s primary instrumentation categories include curemeters consisting of rubber process analyzers, polymer analyzers, moving die rheometers, and oscillating disk rheometers; viscometers; and testers.

Its service and support products include installation, warranty, breakdown response, telesupport, operator/maintenance training, applications and solutions consulting, and calibration and preventive maintenance program services.

Sales are:

 

Wholesale

Clients:

 

Various Industries

Operations area:

 

National, International

The company export to Worlwide

Trade References:

 

The person contacted refused to provide the names of their suppliers for us to check the trade references.

The subject employs 90 employee(s)

 

PAYMENTS

 

regular

LOCATION

Headquarters

 

The company is headquartered at 3030 Gilchrist Road Akron, OH 44305-4420, U.S.

Comments on location:

 

The company is incorporated in Delaware for tax purposes. However it operates and is headquartered in Ohio.



Shareholders - Manager - Related Companies

 

Shareholders Parent Company(ies):

 

This is a privately held company.

 

As of September 1, 2004, Alpha Technologies Services LLC is a subsidiary of Dynisco L.L.C.

Management:

 

Kenneeth Brown

Greg Clark, Plant Manager.

Mr. Tom Mlinar ,Vice President of Sales and Service

Mr. Douglas Joy, Vice President of Marketing

 

Related Companies:

 

Alpha Technologies UK

Alpha Technologies Italy

Viale Brianza 20

20092 Cinisello Balsamo Mi

Tel No. +39 02 61291599

Fax No. +39 02 61291612

 

Alpha Technologies Japan LLC

NSK Building

2-27-3 Taito, Taito-ku

Tokyo Japan 110-0016

Tel No. +81 3 3834 3451

Fax No. +81 3 3834 3453

 

Alpha Technologies China

Room 1609, 970 Dalian Road

Shanghai 200092

China

Tel No. +86-21-33773538

Fax No. +86-21-33773559

 

Alpha Technologies UK is

registered in Swindon, England

company number 3201980

 

 



Financials - COMMERCIAL TRENDS AND FORECAST

 

As a private company the subject does not publish any financial statements.

We have contacted the company but refused to provide us any financial data on grounds of confidentiality.

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.

Currency

DATE

 

 

USD

2008

 

 

Turnover

37.7 M

 

 

Net Income

213 000

 

 

Liabilities

4 M

 

 

The cash flow is

Normal

 

 

 

 

 

Legal Fillings

 There are 10 UCC's files listed with the Secretary of State of Ohio.

 

 

There are no legal filings listed with the District Court.

 

For information:

 

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

 

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.

 

 

 Final Opinion

 

This company has been incorporated for business for 14 years; it has a staff of 90 employees which makes it a medium sized company.

There were no legal fillings found against the company or its legal representatives, which makes it a more reliable company.

We found payment experience and no financial data for the year 2010.

The company has offices in different countries (UK, Italy, Japan, and China).

 

Therefore, a credit line may be considered for USD 300.000.

 

 

 

 




SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

 

Profitability

CORRECT

Public Records

NO

 

 

Indebtedness

CONTROLLED

Payments

REGULAR

 

 

Cash

NORMAL

 

 

 

 



APPENDIX

 

Person Interviewed

 

Becky

Position

 

Accountant Representative

Comments

 

We contacted the company successfully, and got transferred to the accounting department. However, Becky refused to provide us with any information about the company on grounds of confidentiality.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.96

UK Pound

1

Rs.73.56

Euro

1

Rs.63.68

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.