MIRA INFORM REPORT

 

 

Report Date :

05.05.2011

 

IDENTIFICATION DETAILS

 

Name :

KPM CORPORATION

 

 

Registered Office :

14 West 21st Street, Linden, Nj 07036

 

 

Country :

United States

 

 

Date of Incorporation :

06.03.1973

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

Grocery Merchant Wholesalers

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Poor

 

 

Payment Behaviour :

Unknown

 

 

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:

KPM Corporation

 

 

Legal Address

14 WEST 21ST STREET, LINDEN, NJ 07036, USA

 

Telephone:

(908) 862-8629 (not verified)

ID :

5265583500

Fax:

(908) 862-8629 (not verified)

Legal Form:

Corporation for Profit

Email:

NA

Registered in:

New Jersey

Website:

NA

Date Created:

NA

Manager:

Velji Narshi Bid, President (not verified)

Date Incorporated:

March 6th, 1973

Staff:

5 (not verified)

Stock:

2,000

 

 

Value:

No par value

Activity:

Grocery Merchant Wholesalers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BUSINESS

 

PRINCIPAL ACTIVITY

 

Dear Client,

 

Your order was on:

 

K.P.M. Corporation

14 West 21st Street, Linden, N J

 

The company is incorporated in the Secretary of State of New Jersey:

 

Business Name:

K P M CORPORATION

Report Date:

05/04/2011

 

Business ID Number:

5265583500

Transaction Number: Sequence:

1845485: 1

 

Business Type:

DOMESTIC PROFIT CORPORATION

 

Status:

VOID BY PROCLAMATION

  

Filing Date:

03/06/1973

Home Jurisdiction:

NJ

 

Status Change Date:

Stock Amount:

2000

 

DOR Suspension Start Date:

DOR Suspension End Date:

 

Tax Suspension Start Date:

06/26/1990

 

Tax Suspension End Date:

 

Annual Report Month: 3

 

Last Annual Report Filed:

08/29/2005

 

For Last Annual Report Paid Year:

2004

 

Incorporator:

X

 

Agent:

VELJI NARSHI BID

 

Agent Address:

302 SOUTH 12TH STREET

 

 

NEWARK, N.J., NJ  07103 - 0000

 

Office Address Status:

Undeliverable

 

Main Business Address:

14 WEST 21ST STREET

LINDEN, NJ  07036

 

Principal Business Address:

14 WEST 21ST ST 

LINDEN, NJ  07036

 

 

Officers/Directors/Members

 

1)

Title:

PRESIDENT

Name:

VELJI BID

Address:

3 YALE COURT

LIVINGSTON, NJ 07039

 

Due to the company`s status in the Secretary of State of New Jersey, it is not legally authorized to operate.

 

The company would have been engaged in Grocery Wholesale.

 

We have contacted the telephone number. We were unable to confirm that the person we talked to was a staff member of the subject company.

 

We do not have any actual confirmation in contradiction with the business status.



 Rating

 

The company is not in Good Standing. This means that some local and federal taxes were not paid on due date.

 

 

 Final Opinion

 

The company`s status in the Secretary of State of New Jersey is "VOID BY PROCLAMATION". This means that the business is not legally authorized to do business in New Jersey at this time.

 

We contacted the telephone number, but we could not confirm that the person contacted was a staff member of the subject company. He did not provide any information regarding the company`s status nor its activity. We asked for its status or if the company had changed its name, but the person did not answer and ended the call.

 

The company`s last annual report was filed on 08/29/2005.

 

We do not have any actual confirmation in contradiction with the business status.

 

The company does not inspire confidence.

 

We strongly suggest not dealing with the company.

 





 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.59

UK Pound

1

Rs.73.42

Euro

1

Rs.66.04

 

 

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.