MIRA INFORM REPORT
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Report Date : |
04.05.2011 |
IDENTIFICATION DETAILS
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Name : |
Z TECH ADVANCED TECHNOLOGIES INC |
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Registered Office : |
1870 S Milliken Ave., Ontario CA 91761 |
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Country : |
United States |
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Date of Incorporation : |
12.01.2007 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Solid State Manufacturer. |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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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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: |
Z Tech Advanced Technologies Inc |
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Address in the order: |
1870 S Milliken Ave., Ontario CA 91761 |
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Legal Name: |
Z Tech Advanced Technologies Inc |
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Legal Address |
1870 S Milliken Ave., Ontario CA 91761, United States (Not verified) |
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Operative Address |
1870 S Milliken Ave., Ontario CA 91761, United States (Not verified) |
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Telephone: |
+1 (909)
390-1827 Ext 430 |
ID : |
C2910344 |
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Fax: |
+1 (909) 390-1828 |
Legal Form: |
Corporation for Profit |
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Email: |
info@ztechlasers.com |
Registered in: |
California |
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Website: |
www.ztechlasers.com |
Date Created: |
2007 |
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Manager: |
Thierry Lemaitre, Principal |
Date Incorporated: |
January 12th, 2007 |
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Staff: |
N/A |
Stock: |
N/A |
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Value: |
N/A |
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Activity: |
Solid state manufacturer. |
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BUSINESS
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HISTORY |
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The company was created in the year 2007. |
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PRINCIPAL ACTIVITY |
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The subject operates as a manufacturer of solid state, diode pumped
Nd: YAG, Yv04, and ytterbium-fiber laser welding machines, laser marking systems
and laser source. |
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Products/Services description: |
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Laser Welding Laser Marking Hermetic seam welding Micromachining Laser Drilling Trimming for the global plastic injection Medical Device Jewelry Dental Laboratory General Industrial Sectors |
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Sales are: |
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Wholesale |
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Clients: |
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Various industries. |
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Operations area: |
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National, International, Local |
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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 1870 S Milliken Ave., Ontario CA
91761. |
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Branches: |
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There were no branches found for this company. |
Shareholders - Manager - Related Companies
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Shareholders Parent Company(ies): |
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This is a privately held company. Despite our long searches it has not
been possible to identify the shareholders. |
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Management: |
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Thierry Lemaitre, Principal |
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 Joe who refused to
provide us any financial data without knowing the name of the inquiring
party. We called again, talked to Austin and he didn't want to provide any
information due to the same reason. |
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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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Legal Fillings |
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There are no UCC** files listed with the
Secretary of State of California. 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 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 low 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 4 years of experience. There were no legal filings found against the
company or its legal representatives. There was no enough information found for
this company; We contacted them several times but they did not want to
disclose any information about the company without knowing the name of the
inquiring party. There was no financial information found
for this company. Therefore we suggest working with
GUARANTEES. |
SUMMARY
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Profitability |
LOW |
Public Records |
NO |
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Indebtedness |
N.A. |
Payments |
REGULAR |
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Cash |
N.A. |
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APPENDIX
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Person Interviewed |
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Joe (Representative) Austin (Accountant) |
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Comments |
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We've contacted the company, left voice mails without any positive
outcomes. When we were able to speak with a representative, he refused to
provide us any information; We called back again, talked to the accountant
this time; But as the representative, they both refused to provide us any
financial information without knowing the name of the inquiring party. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.34 |
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UK Pound |
1 |
Rs.73.70 |
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Euro |
1 |
Rs.65.75 |
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.