MIRA INFORM REPORT

 

 

Report Date :           

18.10.2011

 

IDENTIFICATION DETAILS

 

Name :

AEP TECHNOLOGY INC

 

 

Registered Office :

12980 Brandywine Dr, Saratoga, CA 95070

 

 

Country :

United States 

 

 

Date of Incorporation :

25.02.2010

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

Subject Is involved in surface metrology and technology innovation

 

 

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 :

No Complaints

 

 

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 – September 30th, 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: Stable

 

 

IDENTIFICATION

 

Legal Name:

AEP TECHNOLOGY INC

 

 

Legal Address

12980 Brandywine Dr, Saratoga, CA 95070, USA (Registered Agent)

Operative Address

2338 Walsh Avenue, Santa Clara, CA 95051, USA (Headquarters)

Telephone:

+1 (408) 718-5547      

ID :

C3281114

Fax:

+1 (408) 718-5547  

Legal Form:

Corporation for Profit

Email:

info@aeptechnology.com

Registered in:

California

Website:

http://www.aeptechnology.com/

Date Created:

2010

Manager:

Jun Pei, President

Date Incorporated:

February 25th 2010

Staff:

1

Stock:

NA

 

 

Value:

NA

Activity:

Is involved in surface metrology and technology innovation.

 

 

BANKS

 

Name of the Bank

BANK OF AMERICA

 

 

BUSINESS

 

HISTORY

 

The company was created in 2010.

PRINCIPAL ACTIVITY

 

Is involved in surface metrology and technology innovation.

Products/Services description:

 

The company offers various hi-tech solutions.

Its products stand out from other commercially available systems for their latest design and ease-of-use.

 

Some of its products are:

• Contact Profilometer

• Optical Profilometer

• Combined Optical + Contact Profilometer

• Stress Monitor

• Optical Process Controller

 

Clients:

 

Miscellaneous

Operations area:

 

National

The company export to Depending on demand.

The subject employs 1 employee(s)

Comments on staff:

 

This information couldn't be confirmed with the staff.

PAYMENTS

 

 

 

 

regular

LOCATION

Headquarters

 

The company is headquartered at 2338 Walsh Avenue, Santa Clara, CA 95051, USA

 

Shareholders - Manager - Related Companies

 

Listed at the stock exchange:

 

NO

Shareholders Parent Company(ies):

 

This is a private company. The main shareholder would be Jun Pei.

Management:

 

Jun Pei, President

 

 

Financials - COMMERCIAL TRENDS AND FORECAST

 

As a private company the subject does not publish any financial statements.

We have contacted the company and we were directed to an automatic voicemail.

Comments on the financial data: As of today, AEP TECHNOLOGY INC’s 2010 numerical financial figures were neither released nor revealed to our sources.

Legal Fillings

 The sources consulted record no detrimental legal or labor court information.

 

 

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

 

The subject is a small sized US company as it currently has a staff of 1 employee.

 

It started to operate in 2010. Therefore, it has more than a year of experience.

 

AEP TECHNOLOGY INC surface metrology systems are used throughout the world to develop new products and to ensure quality of existing products.

 

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

 

However, we do not have financial information for the subject and the business doesn’t have much experience in the market.

 

Consequently, we suggest working with GUARANTEES.

 

In addition, we recommend a monitoring report within six months so we can obtain annual data and we can verify the company’s evolution.

 

 

 

SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

Profitability

N.A.

Public

NO

Indebtedness

N.A.

Payments

REGULAR

Cash

N.A.

 

 

 

 

APPENDIX

 

Comments

 

We have tried to contact the company's several times during business hours and we were directed to an automatic voicemail. We left a message and no one has replied it yet.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.48.89

UK Pound

1

Rs.77.31

Euro

1

Rs.67.79

 

 

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.