MIRA INFORM REPORT

 

 

Report Date :

18.05.2011

 

IDENTIFICATION DETAILS

 

Name :

EAGLE BIOSCIENCES INC

 

 

Registered Office :

900 Elm Street Manchester NH 03101 (Registered address)

 

 

Country :

United States

 

 

Date of Incorporation :

06.10.2010

 

 

Legal Form :

--

 

 

Line of Business :

Clinical laboratories products supplier

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

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:

Eagle Biosciences Inc

 

 

Legal Address

900 Elm Street Manchester NH 03101 (Registered address)

Operative Address

20A NW Blvd., Suite 112 Nashua, NH  03063

 

Telephone:

+1 (617) 419-2019

ID :

637096

Fax:

+1 (617) 419-1110

Legal Form:

 

Email:

info@EagleBio.com

Registered in:

New Hampshire

Website:

www.EagleBio.com

Date Created:

2010

Manager:

Dan Keefe,  Manager

Date Incorporated:

October 6th, 2010

Staff:

4

Stock:

N/A

 

 

Value:

N/A

Activity:

Clinical laboratories products supplier

 

 

BANKS

 

Name of the Bank

Nashua Bank

 

BUSINESS

 

HISTORY

 

The company was created in the year 2010.


 

PRINCIPAL ACTIVITY

 

The subject company engages as a supplier of products for research and clinical laboratories.

Products/Services description:

 

Salivary DHEA-S ELISA 

Salivary Cortisol ELISA 

Mouse Monoclonal Antibody Isotyping ELISA 

VMA ELISA 

HVA ELISA 

Sales are:

 

Wholesale

Clients:

 

Various industries

The company imports from Korea, Japan and Europe

The company does not export

The subject employs 4 employee(s)

PAYMENTS

 

regular

LOCATION

Headquarters

 

The company is headquartered at 20A NW Blvd., Suite 112 Nashua, NH  03063

Comments on location:

 

The manager clarified that the company has one single location, and the address showed with the secretary of state of New Hampshire, is that of the registered address.

Branches:

 

There were no branches found for this company.

 

 

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:

 

Dan Keefe,  Manager

 

 

Financials - COMMERCIAL TRENDS AND FORECAST

 

We have contacted Dan Keefe, who provided us with the all of the information showed on this report. However he was unable to provide us an estimate of the sales for the year 2010, since it began its operations in the year 2011.

Legal Fillings

 There are no UCC** files listed with the Secretary of State of New Hampshire.

 

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 records 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 low 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 in business for a year. It has a staff of 4 employees which makes it a medium sized company.

 

There were no legal filings found against the company or its legal representatives.

 

We've contacted the company, and the manager kindly provided us with all the information showed on this report.

 

Due to the fact that there was no financial for this company yet, and to the fact that the company is very young still

 

We suggest working with GUARANTEES.



SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

 

Profitability

LOW

Public Records

NO

 

Indebtedness

 

Payments

REGULAR

 

Cash

 

 

 

 

 




APPENDIX

 

Person Interviewed

 

Dan Keefe

Position

 

Manager

Comments

 

He provided us with the all of the information showed on this report. However he was unable to provide us an estimate of the sales for the year 2010, since it began its operations in the year 2011.

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.07

UK Pound

1

Rs.72.97

Euro

1

Rs.63.57

 

 

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%)

 

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