MIRA INFORM REPORT
|
Report Date : |
27.05.2011 |
IDENTIFICATION DETAILS
|
Correct Name : |
COOPERSURGICAL, INC. |
|
|
|
|
Registered Office : |
2711 Centerville Road Suite 400, Wilmington, 19808, DE |
|
|
|
|
Country : |
United States |
|
|
|
|
Date of Incorporation : |
20.11.1990 |
|
|
|
|
Legal Form : |
Corporation for Profit |
|
|
|
|
Line of Business : |
Provider medical devices and procedure solutions |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 10,000 |
|
Status : |
Small Company |
|
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 – 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 |
GEOPOLITICS - UNITED STATES
|
POLITICAL DATA |
ECONOMIC DATA |
|
Form of Government: Federal
|
Currency: USD |
IDENTIFICATION
|
Ordered as: |
Norland A Coopersurgical Company |
||
|
Address in the order: |
W 6340 Hackbath Road, Fort Atkinson, WI 53538 |
||
|
Comments on data supplied: |
Dear client: The company name you provided is that of a non incorporated business
unit. In fact, we have learned that Norland is a division of the main company.
Please find this information in detail on the branches part. The company's main office is headquartered in 95 CORPORATE DR,
TRUMBULL, CT, 06611, USA that is why we proceed on making the report under
that address. |
||
|
Legal Name: |
Coopersurgical, Inc. |
||
|
Legal Address |
2711 Centerville Road Suite 400, Wilmington, 19808, DE, USA
(registered agent) |
||
|
Operative Address |
95 Corporate Dr, Trumbull, CT, 06611, USA |
||
|
Telephone: |
+1 (203) 601-9818 /+1 (203) 601-5200 |
ID : |
2247088 |
|
Fax: |
+1 (203) 601-1007 |
Legal Form: |
Corporation for Profit |
|
Email: |
Registered in: |
Delaware |
|
|
Website: |
Date Created: |
1990 |
|
|
Manager: |
NICHOLAS J. PICHOTTA, CEO |
Date Incorporated: |
November 20th, 1990 |
|
Staff: |
426 (At group level) |
Stock: |
1,000 |
|
|
|
Value: |
$0,01 |
|
Activity: |
Provider medical devices and procedure solutions |
||
BANKS
|
Name of the Bank |
Keybank National Association |
BUSINESS
|
HISTORY |
|
|
|
This company was created in the year 1990 |
|
PRINCIPAL ACTIVITY |
|
|
|
CooperSurgical is a company dedicated to providing medical devices and
procedure solutions that improve healthcare delivery to women regardless of
clinical setting |
|
Products/Services description: |
|
|
|
Patient monitors Fetal dopplers Postpartum products Obstetrical disposables Vacuum-assisted delivery products for obstetrics. Among others. |
|
Sales are: |
|
|
|
Wholesale |
|
Clients: |
|
|
|
CooperSurgical products are sold to physician offices, hospitals and
assisted reproductive technology clinics through a network of direct,
indirect and distributor sales teams. |
|
Operations area: |
|
|
|
National, Local |
|
The company imports from Germany, Korea |
|
|
The company does not export |
|
|
Comments on staff: |
|
|
|
The company has 426 employees at group level. |
|
PAYMENTS |
|
|
|
regular |
|
LOCATION |
|
|
Headquarters |
|
|
|
The company is headquartered at 95 Corporate Dr, Trumbull, CT, 06611, USA. |
|
Comments on location: |
|
|
|
This company is incorporated in Delaware for tax purposes, however its
headquartered in Connecticut. |
|
Branches: |
|
|
|
As mentioned above the company has several divisions, including: -Sage: 1979 East Locust Street Pasadena, CA 91107 -Norland: W6340 Hackbarth Road Fort Atkinson, WI 53538 -Lone Star Medical Products: 11211 Cash Road Stafford, TX 77477. |
Shareholders - Manager - Related Companies
|
Shareholders Parent Company(ies): |
|
|
|
This is a private company and it is a subsidiary of The Cooper Companies, Inc that operates in the stock of NYSE under the
symbol of COO 6140 Stoneridge Mall Road, Suite 590 Pleasanton, CA 64588 Phone: 1-925-460-3663 Fax: 1-925-460-3649 |
|
Management: |
|
|
|
Nicholas J. Pichotta, Chief Executive Officer Paul Remmell, President and Chief Operating Officer Robert Auerbach, M.D. FACOG, Senior Vice-President and Chief Medical
Officer |
|
Related Companies: |
|
|
|
This company has the following international supplier: Leisegang Medical Leibenizstrasse 32 D-10625 Berlin Germany |
Financials - COMMERCIAL TRENDS AND FORECAST
|
As a private company the subject does not publish any financial statements. |
|
We've contacted the company, though the male representative who took
the call, refused to provide us any financial information without knowing the
name of the inquiring party. |
|
The financial figures are consolidated with those of the parent
company. |
|
Currency |
DATE |
|
USD |
2010 |
|
Turnover |
1,158,517,000 |
|
Operating Income |
189,912,000 |
|
Net Income |
112,803,000 |
|
Current Assets |
491,340,000 |
|
Net worth |
1,666,776,000 |
|
Liabilities |
858,242,000 |
|
The cash flow is |
Normal |
|
Currency |
DATE |
|
USD |
2009 |
|
Turnover |
1,080,421,000 |
|
Operating Income |
149,856,000 |
|
Net Income |
100,548,000 |
|
Net worth |
1,540,342,000 |
|
Liabilities |
1,011,565,000 |
|
The cash flow is |
Normal |
|
Legal Fillings |
|
There are 25 UCC files listed with the
Secretary of State of Delaware. 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
|
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. |
|
|
Final Opinion |
|
|
|
This is a medium sized company with 426 at
group level and 21 years of experience. There were no legal filings found against
the company or its legal representatives. The company is wholly own subsidiary of
Cooper Companies, Inc. (NYSE: COO). As the representative refused to talk to
us without knowing the name of the inquiring party. We consolidated the figures from its
mother company. The company increased on a 7% for the year
2010. And gave a good profitability for that year. A credit line may be considered for USD
10,000 |
SUMMARY
|
|
|
||
|
Profitability |
GOOD |
Public Records |
NO |
|
Indebtedness |
CONTROLLED |
Payments |
REGULAR |
|
Cash |
NORMAL |
|
|
APPENDIX
|
Person Interviewed |
|
|
|
Male representative |
|
Comments |
|
|
|
He refused to provide us any financial information without knowing the
exact name of the inquiring party. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.29 |
|
UK Pound |
1 |
Rs.73.84 |
|
Euro |
1 |
Rs.64.18 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.