MIRA
INFORM REPORT
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Report Date : |
22.03.2011 |
IDENTIFICATION DETAILS
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Name : |
RUDOLPH RESEARCH ANALYTICAL CORPORATION |
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Registered Office : |
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Country : |
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Year of Establishment : |
1970 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Manufacturer of instruments and provider of superior technical and service support for laboratories. |
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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Maximum Credit Limit : |
USD 130.000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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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 – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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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 |
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IDENTIFICATION
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Legal Name: |
RUDOLPH RESEARCH ANALYTICAL CORPORATION |
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Legal Address |
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Operative Address |
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Telephone: |
+1 (973) 584-1558 |
ID : |
0100661545 |
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Fax: |
+1 (973) 584-5440 |
Legal Form: |
Corporation for Profit |
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Email: |
info@rudolphresearch.com |
Registered in: |
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Website: |
http://www.rudolphresearch.com/ |
Date Created: |
1930 |
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Manager: |
Richard F. Spanier , President |
Date Incorporated: |
1970 |
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Staff: |
50 |
Stock: |
NA |
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Value: |
NA |
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Activity: |
Manufacturer of instruments and provider of superior technical and
service support for laboratories. |
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BANKS
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Name of the Bank |
WACHOVIA BANK, NATIONAL |
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Name of the Bank |
SKYLANDS COMMUNITY BANK |
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Name of the Bank |
PEAPACK-GLADSTONE BANK |
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BUSINESS
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HISTORY |
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The company O.C. Rudolph & Sons, Inc was founded in 1930 by Otto
Curt Rudolph. In May of 1996, Rudolph Research formed a new independent
corporation, Rudolph Research Analytical. |
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PRINCIPAL ACTIVITY |
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The company is a manufacturer and provider of laboratory products. |
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Products/Services description: |
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Polarimeters Saccharimeters Refractometers |
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Sales are: |
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Wholesale |
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Clients: |
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Various Indutries |
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Operations area: |
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National, International |
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The company does not import |
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The company export to Worldwide |
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Trade References: |
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The person contacted refused to provide the names of their suppliers
for us to check the trade references. |
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The subject employs 50 employee(s) |
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PAYMENTS |
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regular |
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LOCATION |
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Headquarters |
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The company is headquartered at |
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Branches: |
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The company has no branches. |
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Shareholders - Manager - Related Companies
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Shareholders Parent Company(ies): |
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This is a privately held company. |
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Management: |
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Richard F. Spanier , President. |
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Related Companies: |
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The company has distributor offices worldwide. |
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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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We have contacted Linda who refused to provide us any financial
data on grounds of confidentiality. |
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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 |
8.160.000 |
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Legal Fillings |
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There are 8 UCC** files listed
with the Secretary of State of New Jersey. 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
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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 company has been incorporated for business for 40 years; it has a
staff of 50 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 several payment experience and financial data as well for the
year 2010. Therefore, a credit line may be considered for USD 130.000. |
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SUMMARY
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Profitability |
CORRECT |
Public Records |
NO |
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Indebtedness |
CONTROLLED |
Payments |
REGULAR |
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Cash |
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APPENDIX
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Person Interviewed |
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Linda |
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Position |
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Receptionist |
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Comments |
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We have successfully contacted the company. Linda provided us with
much useful information. |
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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.45.05 |
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1 |
Rs.73.05 |
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Euro |
1 |
Rs.63.81 |
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.