MIRA
INFORM REPORT
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Report Date : |
17.03.2012 |
IDENTIFICATION DETAILS
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Name : |
CARAVAN INGREDIENTS |
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Registered Office : |
13840 Botts Rd Grandview, MO 64030-2856 |
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Country : |
United States |
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Year of Establishment : |
1969 |
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Legal Form : |
Private Branch |
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Line of Business : |
Specializes in the Manufacture and Distribution of Baking and Functional Products |
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No. of Employees : |
90 |
RATING & COMMENTS
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MIRAs Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Good |
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Payment Behaviour : |
No Complaints |
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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 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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United States |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name and address
Caravan Ingredients
13840 Botts Rd
Grandview, MO 64030-2856
United States
Tel: 816-763-8377
Fax: 816-763-8381
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Employees: 90 Company Type: Private Branch Corporate
Family: 62 Companies Ultimate Parent:
CSM NV Incorporation
Date: 1969 |
Financials in: USD (mil)
Reporting
Currency: US Dollar
Annual Sales: 48.6
Total Assets: NA
Business
Description
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Caravan Ingredients, formed through the merger of Caravan Products and
American Ingredients in 2006, specializes in the manufacture and distribution
of baking and functional products. The company provides ingredients for
milling, bakery manufacturing, specialty baking and food processing. Caravan
Ingredients product portfolio for bread manufacturing includes sours, mixes,
emulsifiers, stabilizers, preservatives, and dough improvers and
strengtheners. It also offers a selection of gourmet cake mixes and icings.
The company manufactures ingredients for pet food, potato processing,
confectionary products, coffee whiteners, snacks, cereals and cosmetics. In
addition, Caravan Ingredients provides polymer additives that act as
lubricants, mold releases, neutralizers, anti-stats and anti-fog. |
Industry
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Industry |
Food Processing |
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ANZSIC 2006: |
1199 - Other Food Product Manufacturing Not
Elsewhere Classified |
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NACE 2002: |
1587 - Manufacture of condiments and
seasonings |
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NAICS 2002: |
311942 - Spice and Extract Manufacturing |
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UK SIC 2003: |
1587 - Manufacture of condiments and
seasonings |
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US SIC 1987: |
2087 - Flavoring Extracts and Flavoring
Syrups, Not Elsewhere Classified |
Key Executives (Emails Available)
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1 - Profit & Loss
Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1
Corporate Overview
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Corporate Structure News
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Caravan
Ingredients |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Diemen |
Netherlands |
Food Processing |
4,327.9 |
9,843 |
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Acquisition of Cookie Man Ltd.(The) proposed/announced.See corporate
structure news on CSM NV for details |
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Subsidiary |
Tucker, GA |
United States |
Food Processing |
125.0 |
700 |
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Branch |
St Paul, MN |
United States |
Business Services |
103.8 |
300 |
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Branch |
Dallas, TX |
United States |
Food Processing |
34.4 |
150 |
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Branch |
Lancaster, NY |
United States |
Food Processing |
48.9 |
100 |
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Branch |
Minnetonka, MN |
United States |
Business Services |
34.6 |
100 |
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Branch |
Ogden, UT |
United States |
Food Processing |
76.0 |
90 |
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Subsidiary |
Blair, NE |
United States |
Food Processing |
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80 |
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Subsidiary |
Pico Rivera, CA |
United States |
Food Processing |
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Branch |
Lancaster, NY |
United States |
Business Services |
85.0 |
97 |
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Branch |
Tampa, FL |
United States |
Business Services |
29.4 |
85 |
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Branch |
Burlington, NJ |
United States |
Business Services |
27.7 |
80 |
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Branch |
Union City, CA |
United States |
Food Processing |
50.6 |
60 |
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Branch |
Shakopee, MN |
United States |
Food Processing |
20.3 |
50 |
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Branch |
North Las Vegas, NV |
United States |
Business Services |
17.3 |
50 |
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Branch |
Reno, NV |
United States |
Business Services |
11.8 |
34 |
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Branch |
Houston, TX |
United States |
Food Processing |
25.3 |
30 |
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Branch |
Beaverton, OR |
United States |
Business Services |
10.4 |
30 |
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Branch |
Phoenix, AZ |
United States |
Business Services |
8.7 |
25 |
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Branch |
Youngstown, OH |
United States |
Business Services |
6.9 |
20 |
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Branch |
Seattle, WA |
United States |
Business Services |
6.9 |
20 |
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Branch |
Grand Prairie, TX |
United States |
Miscellaneous Capital Goods |
5.4 |
20 |
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Subsidiary |
Bondues |
France |
Food Processing |
141.5 |
374 |
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Subsidiary |
Gorinchem |
Netherlands |
Chemical Manufacturing |
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350 |
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Subsidiary |
Blair, NE |
United States |
Chemical Manufacturing |
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80 |
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Subsidiary |
Lincolnshire, IL |
United States |
Food Processing |
53.3 |
40 |
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Subsidiary |
Santa Iria De AzΓ³ia |
Portugal |
Food Processing |
54.1 |
270 |
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Subsidiary |
Sant Joan DespΓ |
Spain |
Food Processing |
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255 |
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Subsidiary |
Bischheim |
France |
Food Processing |
133.4 |
250 |
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Subsidiary |
Crema, Cremona |
Italy |
Food Processing |
123.1 |
224 |
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Subsidiary |
Bradford |
United Kingdom |
Food Processing |
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213 |
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Subsidiary |
Montmelo, Barcelona |
Spain |
Chemical Manufacturing |
104.1 |
121 |
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Subsidiary |
Sant Joan Despi, Barcelona |
Spain |
Food Processing |
90.3 |
272 |
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Subsidiary |
Daventry |
United Kingdom |
Food Processing |
15.8 |
112 |
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Subsidiary |
Richmond, BC |
Canada |
Food Processing |
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70 |
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Branch |
Calgary, AB |
Canada |
Food Processing |
31.4 |
60 |
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Branch |
Laval, QC |
Canada |
Food Processing |
7.6 |
15 |
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Subsidiary |
Woburn, MA |
United States |
Food Processing |
21.1 |
25 |
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Subsidiary |
Singapore |
Singapore |
Chemical Manufacturing |
1.0 |
20 |
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Subsidiary |
Shanghai |
China |
Chemical Manufacturing |
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Subsidiary |
Bingen Am Rhein, Rheinland-Pfalz |
Germany |
Commercial Banks |
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3 |
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Subsidiary |
Bingen Am Rhein, Rheinland-Pfalz |
Germany |
Chemical Manufacturing |
23.3 |
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Subsidiary |
Pico Rivera, CA |
United States |
Food Processing |
250.0 |
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Subsidiary |
Hovik |
Norway |
Food Processing |
125.0 |
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Subsidiary |
Amsterdam |
Netherlands |
Food Processing |
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Subsidiary |
Shawnee Mission, KS |
United States |
Food Processing |
28.9 |
62 |
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Branch |
Totowa, NJ |
United States |
Food Processing |
45.0 |
150 |
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Branch |
Grandview, MO |
United States |
Food Processing |
48.6 |
90 |
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Subsidiary |
Bremen |
Germany |
Nonclassifiable Industries |
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Executives Report
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.50.31 |
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1 |
Rs.79.04 |
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Euro |
1 |
Rs.65.82 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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This score serves as a reference to assess SCs 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.