MIRA
INFORM REPORT
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Name :
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CLAWFOOT SUPPLY, LLC
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Registered Office :
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2700 Crescent Springs Pike, Erlanger,
KY 41017
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Country :
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United States
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Date of Incorporation :
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12.12.2001
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Legal Form :
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LLC
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Line of Business :
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Subject is a family owned and operated online retailer of products for
bath, kitchen and home.
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No. of Employees :
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50 + Part Time
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RATING
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STATUS
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PROPOSED CREDIT LINE
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41-55
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Ba
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Overall operation is considered normal. Capable to meet normal
commitments.
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Satisfactory
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Status :
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Satisfactory
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Payment Behaviour :
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No Complaints
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Litigation :
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Clear
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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 – June 1, 2014
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Country Name
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Previous Rating
(31.03.2014)
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Current Rating
(01.06.2014)
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United States
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A1
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A1
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Risk Category
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ECGC
Classification
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Insignificant
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A1
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Low
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A2
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Moderate
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B1
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High
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B2
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Very High
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C1
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Restricted
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C2
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Off-credit
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D
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UNITED STATES - ECONOMIC OVERVIEW
The US has the largest
and most technologically powerful economy in the world, with a per capita GDP
of $49,800. In this market-oriented economy, private individuals and business
firms make most of the decisions, and the federal and state governments buy
needed goods and services predominantly in the private marketplace. US business
firms enjoy greater flexibility than their counterparts in Western Europe and Japan in
decisions to expand capital plant, to lay off surplus workers, and to develop
new products. At the same time, they face higher barriers to enter their
rivals' home markets than foreign firms face entering US markets. US
firms are at or near the forefront in technological advances, especially in
computers and in medical, aerospace, and military equipment; their advantage
has narrowed since the end of World War II. The onrush of technology largely
explains the gradual development of a "two-tier labor market" in
which those at the bottom lack the education and the professional/technical
skills of those at the top and, more and more, fail to get comparable pay
raises, health insurance coverage, and other benefits. Since 1975, practically
all the gains in household income have gone to the top 20% of households. Since
1996, dividends and capital gains have grown faster than wages or any other
category of after-tax income. Imported oil accounts for nearly 55% of US consumption.
Crude oil prices doubled between 2001 and 2006, the year home prices peaked;
higher gasoline prices ate into consumers' budgets and many individuals fell
behind in their mortgage payments. Oil prices climbed another 50% between 2006
and 2008, and bank foreclosures more than doubled in the same period. Besides
dampening the housing market, soaring oil prices caused a drop in the value of
the dollar and a deterioration in the US merchandise trade deficit, which
peaked at $840 billion in 2008. The sub-prime mortgage crisis, falling home
prices, investment bank failures, tight credit, and the global economic
downturn pushed the United
States into a recession by mid-2008. GDP
contracted until the third quarter of 2009, making this the deepest and longest
downturn since the Great Depression. To help stabilize financial markets, in
October 2008 the US Congress established a $700 billion Troubled Asset Relief
Program (TARP). The government used some of these funds to purchase equity in
US banks and industrial corporations, much of which had been returned to the
government by early 2011. In January 2009 the US Congress passed and President
Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus
to be used over 10 years - two-thirds on additional spending and one-third on
tax cuts - to create jobs and to help the economy recover. In 2010 and 2011,
the federal budget deficit reached nearly 9% of GDP. In 2012 the federal
government reduced the growth of spending and the deficit shrank to 7.6% of
GDP. Wars in Iraq and Afghanistan
required major shifts in national resources from civilian to military purposes
and contributed to the growth of the budget deficit and public debt. Through
2011, the direct costs of the wars totaled nearly $900 billion, according to US
government figures. US revenues from taxes and other sources are lower, as a
percentage of GDP, than those of most other countries. In March 2010, President
OBAMA signed into law the Patient Protection and Affordable Care Act, a health
insurance reform that was designed to extend coverage to an additional 32
million American citizens by 2016, through private health insurance for the general
population and Medicaid for the impoverished. Total spending on health care -
public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010. In July
2010, the president signed the DODD-FRANK Wall Street Reform and Consumer
Protection Act, a law designed to promote financial stability by protecting
consumers from financial abuses, ending taxpayer bailouts of financial firms,
dealing with troubled banks that are "too big to fail," and improving
accountability and transparency in the financial system - in particular, by
requiring certain financial derivatives to be traded in markets that are
subject to government regulation and oversight. In December 2012, the Federal
Reserve Board (Fed) announced plans to purchase $85 billion per month of mortgage-backed
and Treasury securities in an effort to hold down long-term interest rates, and
to keep short term rates near zero until unemployment drops below 6.5% or
inflation rises above 2.5%. In late 2013, the Fed announced that it would begin
scaling back long-term bond purchases to $75 billion per month in January 2014
and reduce them further as conditions warranted; the Fed, however, would keep
short-term rates near zero so long as unemployment and inflation had not
crossed the previously stated thresholds. Long-term problems include stagnation
of wages for lower-income families, inadequate investment in deteriorating
infrastructure, rapidly rising medical and pension costs of an aging
population, energy shortages, and sizable current account and budget deficits.
NOTE:
Your Order on: SIGNATURE
HARDWARE
610 Dolwick Drive, Erlanger, KY 41018 - USA
This is a registered business name owned by:
Company Name and Address
Company name: CLAWFOOT SUPPLY, LLC
Address: 2700 Crescent Springs Pike, Erlanger, KY 41017 - USA
Telephone: +1
859-647-7564
Fax: +1 859-431-4012
Website: www.signaturehardware.com
Company Summary
Corporate ID#: 0526990
State: Kentucky
Judicial form: LLC
Date incorporated: 12-12-2001
Stock: -
Value: -
Name of manager: Matthew
C. BUTLER
ACTIVITIES
& OPERATIONS
IST
Business:
Signature Hardware is a family owned and operated online retailer of
products for bath, kitchen and home.
Nearly all of 60,000 products are stocked in the Northern Kentucky warehouse, ready to ship to anywhere in the U.S. or Canada.
The Company is using 3 registered business names:
- SIGNATURE HARDWARE
- MINEOLA LIGHTING
- YESTERDAY’S BATH
Office of the Foreign
Assets Control (OFAC):
The company is not listed on the OFAC list.
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.
Suppliers include:
DE LUXE COPPER WARE CORPORATION
NO. 6 LINE 415 SEC. 3 CHANG
TSAO RD., HO MEI CHEN CHANGHWA HSIEN TAIWAN
SHENFEI LIYI SECURITY PRODUCTS COMP
LIYI PARK AREA QINGTIAN ECONOMY DEV ELOPMENT ZONE QINGTIAN LISHUI CHINA
EIN: 61-1401237
Staff: 50 + part time
Operations & branches:
At the headquarters, we
find a warehouse and office, on 203,000 sq. ft., owned.
The Company maintains
another warehouse on 115,000 sq. ft., owned, located:
610 Dolwick
Drive
Erlanger, KY 41018
SHAREHOLDERS & MANAGERS
Shareholders:
This is a BUTLER family owned and managed company.
Management:
- Matthew C. BUTLER
- Michael J. BUTLER
As far as we know, they are not involved in other local corporations.
Subsidiaries And
partnership: None
FINANCIALS
In United States,
privately held corporations are not required to publish any financials.
On a direct call, nobody
was available to answer our questions.
We sent a fax but no answer
received.
Outside sources (bank) gave
estimate sales for year 2013 in excess of
USD 10,000,000+
The business is said to be
profitable.
Banks: The Bank of Kentucky
111 Lookout Farm Drive, Crestview
Hills, KY 41017
Ph: +1 859-372-9740
LEGAL FILINGS
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts
summary (UCC):
File number: 2011-2552934-54
Date filed: 12-12-2011
Lapse date: 12-12-2017
Secured Party: Webbank
6440
S. Wasatch Blvd., Ste 300, Salt Lake City
UT 84121
File number: 2010-2464781-15
Date filed: 07-06-2010
Lapse date: 07-06-2015
Secured Party: The Bank of Kentucky
111
Lookout Farm Drive, Crestview Hills,
KY 41017
File number: 2005-2094437-86
Date filed: 06-01-2005
Lapse date: 06-01-2015
Secured Party: The Bank of Kentucky
111
Lookout Farm Drive, Crestview Hills,
KY 41017
File number: 2002-18099191-13
Date filed: 02-08-2002
Lapse date: 02-08-2017
Secured Party: The Bank of Kentucky
111
Lookout Farm Drive, Crestview Hills,
KY 41017