MIRA INFORM REPORT
|
Report Date : |
19.03.2011 |
IDENTIFICATION DETAILS
|
Name : |
GENEX TURBINE TECHNOLOGIES LLC |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
09.03.2005 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Service provider to owners and operators of gas turbine equipment
manufactured. |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 10.000. |
|
Status : |
Small Company |
|
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) |
|
|
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
|
Currency: USD |
IDENTIFICATION
|
Ordered as: |
Genex Turbine Technologies LLC |
||
|
Address in the order: |
135 Sheldon Road Manchestar CT |
||
|
Legal Name: |
Genex Turbine
Technologies LLC |
||
|
Legal Address |
|
||
|
Operative Address |
|
||
|
Telephone: |
+1 (860) 288-2401 |
ID : |
0813731 |
|
Fax: |
+1 (860) 647-7575 |
Legal Form: |
Limited Liability Company |
|
Email: |
Registered in: |
|
|
|
Website: |
Date Created: |
2005 |
|
|
Manager: |
Brandon Hall, PRESIDENT |
Date Incorporated: |
Mar 09, 2005 |
|
Staff: |
13 |
Stock: |
NA |
|
|
|
Value: |
NA |
|
Activity: |
Service provider to owners and operators
of gas turbine equipment manufactured. |
||
BUSINESS
|
HISTORY |
|
|
|
The company was created in the year 2005. |
|
PRINCIPAL ACTIVITY |
|
|
|
The company is an independent service provider offering engineering
solutions, maintenance support and service to owners and operators of gas
turbine equipment manufactured by major OEMs. |
|
Sales are: |
|
|
|
Wholesale |
|
Clients: |
|
|
|
Various Industries |
|
Operations area: |
|
|
|
National, International |
|
The company export to Worldwide |
|
|
Trade References: |
|
|
|
The person contacted refused to provide the names of their
suppliers for us to check the trade
references. |
|
PAYMENTS |
|
|
|
regular |
|
LOCATION |
|
|
Headquarters |
|
|
|
The company is headquartered at
135 Sheldon Road Manchestar |
|
Branches: |
|
|
|
Mr. Michael Nguyen (281) 645-6456 PH (281) 980-7607 FAX |
Shareholders - Manager - Related Companies
|
Shareholders Parent Company(ies): |
|
|
|
This is a privately held company. Despite our long searches it has not
been possible to identify the shareholders. |
|
Management: |
|
|
|
Brandon Hall, President |
|
Related Companies: |
|
|
|
The company has several offices throughout the world: Brasil Mr. Bruno Luz Rua Luis Carlos Prestes, n 410, grupo 128 Cond, Barra da Tijuca Rio de Janeiro-RJ-Brasil CEP 22.775-055 +55 21 9393-1977 PH Mr. Phung Dong Khoi 107E Truong Dinh District 3 +84-8-930-2224 PH +84-8-930-4054 FAX Mr. Supol Kaonil 21 Soi Prayit 4 Sukhumvit 103 Rd Bang Chak, Bankok 10260 +66-2-729-7668 PH +66-2-729-7669 FAX Mr. Dick Leary Jalan 3 109/F +60-12-255-0057 PH +60-3-7980-2268 FAX |
Financials - COMMERCIAL TRENDS AND FORECAST
|
As a private company the subject does not publish any financial
statements. |
|
We have contacted Quita who refused to provide us with 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 |
2010 |
|
Turnover |
890 000 |
|
Legal Fillings |
|
There are 2 UCC** files listed with the Secretary
of State of Connecticut. There are no legal filings listed with the
District Court. 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 ** 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 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 5 years; it has a staff of 13 employees which makes it a small sized
company. There were no legal filings found against
the company or its legal representatives. Therefore, a credit line may be considered
for USD 10.000. |
SUMMARY
|
|
|
||
|
Profitability |
CORRECT |
Public Records |
NO |
|
Indebtedness |
CONTROLLED |
Payments |
REGULAR |
|
Cash |
|
|
|
APPENDIX
|
Person Interviewed |
|
|
|
Quita |
|
Position |
|
|
|
Receptionist |
|
Comments |
|
|
|
Quita was really polite and responded most of the questions
formulated. However, she wasn't able to provide us with the financial data
needed to verify the information found. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.09 |
|
|
1 |
Rs.72.82 |
|
Euro |
1 |
Rs.63.43 |
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 |
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.