MIRA INFORM REPORT

 

 

Report Date :           

25.05.2011

 

IDENTIFICATION DETAILS

 

Name :

PATIENT AIRLIFT SERVICES INC

 

 

Registered Office :

205 Atlantic Avenue Massapequa Park, New York, 11762

 

 

Country :

United States 

 

 

Date of Incorporation :

13.04.2010

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

----

 

Status :

New Company         

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

United States 

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 Bottom of Form

 

GEOPOLITICS - UNITED STATES

 

POLITICAL DATA

ECONOMIC DATA

Form of Government: Federal


Economic Risk: Nil

Currency: USD

Branch Situation: Stable

 

 

IDENTIFICATION

 

Ordered as:

Patient Airlift Services

Address in the order:

120 Adams Blvd Fermingdale NY 11735

Legal Name:

Patient Airlift Services Inc

Legal Address

205 Atlantic Avenue Massapequa Park, New York, 11762 (registered address)

Operative Address

120 Adams Blvd Fermingdale NY 11735

Telephone:

+1 (631) 755-2184/+1 (888) 818-1231

ID :

3936388

Fax:

N/A

Legal Form:

Corporation for Profit

Email:

info@palservices.org

Registered in:

New York

Website:

www.palservices.org

Date Created:

2010

Manager:

N/A

Date Incorporated:

April 13th, 2010

Staff:

N/A

Stock:

N/A

 

 

Value:

N/A

Activity:

N/A

 

 

BUSINESS

 

PRINCIPAL ACTIVITY

 

We found a business incorporated Patient Airlift Services inc with the Secretary of State of New York:

 

 

Selected Entity Name: PATIENT AIRLIFT SERVICES, INC.

Selected Entity Status Information

Current Entity Name:      PATIENT AIRLIFT SERVICES, INC.

Initial DOS Filing Date:   APRIL 13, 2010

County: NASSAU

Jurisdiction:       NEW YORK

Entity Type:       DOMESTIC NOT-FOR-PROFIT CORPORATION

Current Entity Status:     ACTIVE

 

Selected Entity Address Information

DOS Process (Address to which DOS will mail process if accepted on behalf of the entity)

PATIENT AIRLIFT SERVICES, INC.

205 ATLANTIC AVENUE

MASSAPEQUA PARK, NEW YORK, 11762

Registered Agent

NONE

 

 

 

There is no other listing of Patient Airlift Services inc  as being an active business.

 

No listing with the yellow pages.

 

No listing with major credit bureaus.

 

Our agent tried to reach the company at the phone number we found (+1 (631) 755-2184) But it was not working.

 

We made a research, and found another phone number for the company (+1 (888) 818-1231). This time we were able to speak with Kathie from the accounting department. But she refused to provide us any information about the company without knowing the name of the inquiring party.



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 is a new company with less than a year of experience.

 

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

 

There was no financial information found for this company.

 

The person we talked to, refused to provide us or confirm any kind of information without knowing the name of the inquiring party.

 

Due to the fact that the company is very young still, and considering that the representative was unwilling to disclose any relevant information about the company.

 

We suggest working with GUARANTEES.



SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

Profitability

LOW

Public

NO

Indebtedness

N/A

Payments

N/A

Cash

N/A

 

 



APPENDIX

 

Person Interviewed

 

Kathie

Position

 

Accountant

Comments

 

She refused to confirm or disclose any relevant and financail information about the company without knowing the name of the inquiring party.

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.25

UK Pound

1

Rs.72.82

Euro

1

Rs.63.58

 

 

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.