MIRA INFORM REPORT

 

 

 

Report Date :           

11.11.2011

 

IDENTIFICATION DETAILS

 

Name :

PATEX INTERNATIONAL INC

 

 

Registered Office :

5760 Legacy Drive, Suite B-3 #507 Plano, TX 75024

 

 

Country :

United States

 

 

Date of Incorporation :

05.08.1983

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

--

 

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Undetermined

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

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


Economic Risk: Nil

Currency: USD

Branch Situation: unknown

 

 

IDENTIFICATION

 

Legal Name:

PATEX INTERNATIONAL INC

Legal Address

5760 Legacy Drive, Suite B-3 #507 Plano, TX 75024 (Registered agent address).

Operative Address

2929 Langley Ave Pensacola, FL 32504-9311. (Not verified)

Telephone:

NA

ID :

0066663600

Fax:

NA

Legal Form:

Corporation for Profit

Email:

NA

Registered in:

Texas

Website:

NA

Date Created:

NA

Manager:

NA

Date Incorporated:

August 5th, 1983

Staff:

NA

Stock:

NA

 

 

Value:

NA

Activity:

NA

 

 

BUSINESS

 

PRINCIPAL ACTIVITY

 

The subject company is registered in Florida but incorporated in Texas:

 

Entity Information: PATEX INTERNATIONAL INC.

 

5760 LEGACY DR STE B3

PLANO, TX 75024-7103

 

Status: IN GOOD STANDING NOT FOR DISSOLUTION OR WITHDRAWAL through May 15, 2012

Registered Agent: PATRICIA BENSON

 

5760 LEGACY DRIVE, SUITE B-3 #507

PLANO, TX 75024

 

Registered Agent Resignation Date:       

State of Formation: TX

File Number: 0066663600

SOS Registration Date: August 5, 1983

Taxpayer Number: 5923163354

 

However there is no other listing of this company being an active business.

 

In fact, we performed a research with the address you provided (2929 LANGLEY AVE PENSACOLA, FL 32504-9311.) Although we could link the mentioned address with the subject company, we were unable to contact them, as the phone number listed (+1 (850) 471-2700) was out of service.

 

As the secretary of state of Florida referred us to the secretary of state of

Texas, we made a research on the address showed (5760 LEGACY DRIVE, SUITE B-3 #507 PLANO, TX 75024). But there were no positive outcomes with the name of Patex International Inc.

 

A phone number was found for Patex International Inc in Texas: +1 (972) 250-1010; Our agent called here, talked to a female who stated it was a private phone number and claimed she wasn’t familiar with the name of Patex International Inc.

 

Furthermore, in spite of our long searches there was no listing of this company with the yellow pages or with major credit bureaus.

 

 

At this time, considering the fact that we have the company listed incorporated and active with the secretary of New York and Texas,  we require a working phone number or the company’s headquarters in order to pursue our investigation, and to determine which of the companies we have incorporated is the one you need.

 

 Final Opinion

 

For the company requested, despite our long searches we were unable to locate it.

 

Although the secretary of state of Florida referred us to the secretary of state of Texas, and we found it incorporated and active, we were unable to contact the company.

 

At this time, due to the fact that the company name you provided shows incorporated and active in two different secretaries of state; We strongly request a working phone number, in order to pursue our investigation and determine which of the companies we've found is the one you actually need.

 

We suggest caution.

 

 




SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

 

Profitability

N.A.

Public Records

NO

 

Indebtedness

N.A.

Payments

N.A.

 

Cash

N.A.

 

 

 

 

 

APPENDIX

 

Comments

 

Our agent called the phone number found for Florida: +1 (850) 471-2700; However the phone number was out of service.

 

Furthermore, after searching this company in Texas, an additional phone number was found: +1 (972) 250-1010, but it was a private phone number, as we called and talked to a female who claimed it was a wrong number and she wasn't familiar with the name of Patex International Inc.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.78

UK Pound

1

Rs.80.10

Euro

1

Rs.68.82

 

 

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.