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MIRA
INFORM REPORT
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Report No. : |
489401 |
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Report Date : |
03.02.2018 |
IDENTIFICATION DETAILS
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Name : |
CONTINENTAL
DISC CORPORATION |
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Registered Office : |
National registered
agents, inc. 120 South Central Clayton, MO 63105 |
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Country : |
United States |
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Date of Incorporation : |
14.10.1965 |
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Legal Form : |
General
Business - For Profit (Domestic Corporation) |
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Line of Business : |
Subject manufactures rupture disc (bursting disc) devices for process industries, including chemical, petrochemical, petroleum refining, pharmaceutical, food and beverage, aerospace, industrial gases, transportation, and other markets worldwide. It offers rupture disc products, reverse acting products, tension type products, specialized rupture discs, burst disc indicator/alarm monitoring systems, specialized holder products, and accessories, as well as hose valves, tank vents, flame arresters, pilot-operated valves, and gas blanket regulator lines. The company also offers emergency, literature, application survey, start-up assistance, technical support, local representation, training, and flow testing laboratory services. |
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No. of Employees : |
175 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January
2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Exist |
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
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Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
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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 Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
UNITED STATES - ECONOMIC OVERVIEW
The US has the most technologically powerful economy in the world, with a per capita GDP of $57,300. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. Based on a comparison of GDP measured at purchasing power parity conversion rates, the US economy in 2014, having stood as the largest in the world for more than a century, slipped into second place behind China, which has more than tripled the US growth rate for each year of the past four decades.
In the US, 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, businesses face higher barriers to enter their rivals' home markets than foreign firms face entering US markets.
Long-term problems for the US 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.
The onrush of technology has been a driving factor in 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. But the globalization of trade, and especially the rise of low-wage producers such as China, has put additional downward pressure on wages and upward pressure on the return to capital. 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 and oil has a major impact on the overall health of the economy. 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. Because the US economy is energy-intensive, falling oil prices since 2013 have alleviated many of the problems the earlier increases had created.
The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the US 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, the US Congress established a $700 billion Troubled Asset Relief Program (TARP) in October 2008. 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, 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. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries.
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 2014, the direct costs of the wars totaled more than $1.5 trillion, according to US Government figures.
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 Americans by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on healthcare - 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 dropped below 6.5% or inflation rose 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 further reduce them as conditions warranted; the Fed ended the purchases during the summer of 2014. In 2014, the unemployment rate dropped to 6.2%, and continued to fall to 5.5% by mid-2015, the lowest rate of joblessness since before the global recession began; inflation stood at 1.7%, and public debt as a share of GDP continued to decline, following several years of increases. In December 2015, the Fed raised its target for the benchmark federal funds rate by 0.25%, the first increase since the recession began. With US GDP growth below 2%, the Fed opted to raise rates three times since then, and in mid-June 2017, the range for the target rate stood at 1% to 1.25%.
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Source
: CIA |
STATUTORY INFORMATION
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Legal Name: |
CONTINENTAL DISC
CORPORATION |
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Trade Name: |
Continental Disc
Corporation CDC |
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ID: |
00118220 |
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Date Created: |
1965 |
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Date Incorporated: |
10/14/1965 |
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Legal Address: |
Registered Agent:
NATIONAL REGISTERED AGENTS, INC. 120 South Central Clayton, MO 63105 USA |
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Operative Address: |
3160 W. Heartland
Drive Liberty, MO
64068-3385 USA |
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Telephone: |
(816) 792-1500 |
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Fax: |
(816) 792-2277 |
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Legal Form: |
General Business -
For Profit (Domestic Corporation) |
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Email: |
pressure@contdisc.com |
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Registered in: |
MISSOURI |
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Website: |
www.contdisc.com |
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Contact: |
Ben Cox, President Debbie Nice, Chief
Executive Officer |
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Staff: |
175 |
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Activity: |
NAICS 1: Industrial
Valve Manufacturing NAICS 2: Fabricated
Pipe and Pipe Fitting Manufacturing NAICS 3: Commercial
and Industrial Machinery and Equipment (except Automotive and Electronic) Repair
and Maintenance NAICS 4: Other
Metal Valve and Pipe Fitting Manufacturing SIC 1: Pressure
Valves And Regulators, Industrial SIC 2: Pipe
Fittings, Fabricated From Purchased Pipe SIC 3: Valve
Repair, Industrial SIC 4: Valves And
Pipe Fittings, Nec |
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BANKS: |
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The company does not make its
banking data public |
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HISTORY |
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The company was created in 1965 by Hans
Unger, John Radhal, Frank Hansen and partially funded by Stern Brothers
Investment Bankers, Gene “Alex” Alexander and Evelyn Stout. |
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PRINCIPAL
ACTIVITY
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Continental Disc
Corporation is a large-sized organization in the industrial valve
manufacturers industry located in Liberty, MO. |
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Products/Services description: |
Continental Disc
Corporation manufactures rupture disc (bursting disc) devices for process
industries, including chemical, petrochemical, petroleum refining,
pharmaceutical, food and beverage, aerospace, industrial gases,
transportation, and other markets worldwide. It offers rupture disc products,
reverse acting products, tension type products, specialized rupture discs,
burst disc indicator/alarm monitoring systems, specialized holder products,
and accessories, as well as hose valves, tank vents, flame arresters,
pilot-operated valves, and gas blanket regulator lines. The company also
offers emergency, literature, application survey, start-up assistance,
technical support, local representation, training, and flow testing
laboratory services. PRODUCTS: HPX® Rupture Disc
Product Family Reverse Acting Tension Type Specialized Rupture
Discs Burst Disc
Indicator/Alarm Monitoring Systems Specialized Holder
Products Accessories |
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Brands: |
HPX |
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Sales are: |
Wholesale |
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Clients: |
Industries: Chemical Processing Oil & Gas
(Petrochemical) Pharmaceutical /
Biotechnology Food & Beverage
Processing Industrial Gases Pulp & Paper PETROCEL SA Mexico P&V CONTROL DEVICES S DE RL DE CV Mexico Tereftalatos Mexicanos Sa Mexico Cryoinfra S.A. De C.V. Mexico OP POWER OIL AND
GAS S.A.S. Colombia |
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Suppliers: |
GROTH CONTINENTAL
MFG. PVT. India |
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Operations area: |
National and International |
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The company imports from |
India |
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The company exports to |
Mexico and Colombia |
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The subject
employs |
175 employees |
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Payments: |
Regular |
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LOCATION |
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Headquarters : |
3160 W. Heartland Drive Liberty, MO 64068-3385 USA |
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Comments: |
NA |
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Branches: |
The company does
not have branches in the USA |
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Main Competitors |
Control Devices,
Llc 1555 Larkin
Williams Rd Fenton, Missouri 63026-3008 Steam Management
Systems Inc 6130 Southwest Ave Saint Louis,
Missouri C&G Engineering 8130 Ellerton Ave Saint Louis,
Missouri Midwest Automation
Solutions 3484 Telegraph Rd Arnold, Missouri Mid America Valve
Exchange 39602 E Boswell Rd Lone Jack, Missouri |
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Related Companies: |
International
Offices THE NETHERLANDS: Continental Disc
Corporation Energieweg 20 2382 NJ
Zoeterwoude-Rijndijk The Netherlands Phone: +(31)
71-5412221 FAX: +(31)
71-5414361 E-mail:
cdcnl@contdisc.com INDIA: Groth Continental
Mfg. Pvt. Ltd. 423/P/11,
Mahagujarat Industrial Estate, Moraiya Sarkhej-Bavla Road,
Ahmedabad (GJ) 382213, INDIA Phone: +(91) 2717
619 333 Fax: +(91) 2717 619
345 E-mail:
gcmpl@contdisc.com CHINA: Continental Disc
Corporation Room 1312, Tower B,
COFCO Plaza No. 8 JianGuoMenNei
Avenue Beijing (100005) P.R. China Phone: +(86)
10-6522-4885 FAX: +(86)
10-6522-2885 Mobile: +(86)
137-0103-8871 E-mail:
cdcchina@contdisc.com FRANCE: Continental Disc
Corporation Energieweg 20 2382 NJ
Zoeterwoude-Rijndijk The Netherlands Phone: 0800-330 310 E-mail:
contactfr@contdisc.com BRAZIL: Continental Disc
Corporation E-mail:
cdcbrazil@contdisc.com |
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GROUP STRUCTURE AND SUBSIDIARY COMPANIES |
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
This is a private company. The company
does not disclose information on shareholders. The following information has
been obtained through private sources and could not be confirmed: Robert Family Holdings, Inc. 12430 Tesson Ferry Rd Saint Louis, MO USA Website: www.rf-holdings.com Telephone: (314) 821-5665 |
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Management: |
Ben Cox, President Debbie Nice, Chief Executive Officer Dean Dachenhausen, Chief Operating
Officer Richard Neale, Partner Gerard L Aguirre, Senior Regional Sales
Manager Latin America Marty Koval, Director of Sales -
Americas Steven L. Breid, Vice President of Sales
and Marketing |
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FINANCIAL INFORMATION |
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The company does not make its financial
statements public. The following information has been provided by private
sources: |
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USD 2016 |
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Revenue |
20 000 000 |
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Cash flow |
Normal |
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LEGAL FILINGS |
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Patents |
MACHINING
SCORE LINES IN A RUPTURE DISC USING LASER MACHINING Publication
number: 20100140238 Abstract:
A method of forming a score line in a rupture disc using a laser is provided,
wherein the method includes selecting a wavelength for the laser that
maximizes absorption of the laser radiation by the disc material, selecting a
pulse duration for the laser that maximizes a peak power of the laser,
selecting a pulse repetition rate for the laser that reduces a heat affected
zone of the rupture disc during ablation, and selecting the speed of relative
motion between the laser and the rupture disc. The score line is ablated in
the rupture disc using the laser to remove material from the rupture disc as
vapor without melting or oxidizing disc material adjacent the material being
removed. Type:
Application Filed:
March 13, 2009 Publication
date: June 10, 2010 Applicant:
CONTINENTAL DISC CORPORATION Inventors:
Robert M. Mozley, Gabriel Hernandez Enhanced
reverse buckling rupture disc Patent
number: 6431383 Abstract:
An improved reverse rupture disc for use as a safety pressure relief device
is provided. The disc is defined by an annular flat flange region, a
concave-convex disc dome region and a transition region that joins the
disc-shaped flat flange region to the concave-convex disc dome region. One or
more deformations may be formed at or near the apex of the disc dome region
for weakening the disc to the point that incidental damage to the disc will
not weaken the disc any further, thereby ensuring that the disc will reverse
at a certain pressure, and no lower. The disc may also formed with one or
more irregular transition regions at the base of the disc and a partial
circular groove in the transition region. The irregular transition region of
the disc cooperates with a shear enhancing means such as a protrusion or
notch formed in a support ring or disc holder disposed downstream of the disc
to sever the disc dome from the annular flat flange region along the groove
in the transition region. Type:
Grant Filed:
November 28, 2000 Date of
Patent: August 13, 2002 Assignee:
Continental Disc Corporation Inventors:
Robert M. Mozley, James M. Shivers Enhanced
reverse buckling rupture disc Patent
number: 6241113 Abstract:
An improved reverse rupture disc for use as a safety pressure relief device
is provided. The disc is defined by an annular flat flange region, a
concave-convex disc dome region and a transition region that joins the
disc-shaped flat flange region to the concave-convex disc dome region. One or
more deformations may be formed at or near the apex of the disc dome region
for weakening the disc to the point that incidental damage to the disc will
not weaken the disc any further, thereby ensuring that the disc will reverse
at a certain pressure, and no lower. The disc may also formed with one or
more irregular transition regions at the base of the disc and a partial
circular groove in the transition region. The irregular transition region of
the disc cooperates with a shear enhancing means such as a protrusion or
notch formed in a support ring or disc holder disposed downstream of the disc
to sever the disc dome from the annular flat flange region along the groove
in the transition region. Type:
Grant Filed:
March 15, 1999 Date of
Patent: June 5, 2001 Assignee:
Continental Disc Corporation Inventors:
Robert M. Mozley, James M. Shivers Enhanced
reverse buckling rupture disc Patent
number: 6006938 Abstract:
An improved reverse rupture disc for use as a safety pressure relief device
is provided. The disc is defined by an annular flat flange region, a
concave-convex disc dome region and a transition region that joins the
disc-shaped flat flange region to the concave-convex disc dome region. One or
more deformations are formed at or near the apex of the disc dome region for
weakening the disc to the point that incidental damage to the disc will not
weaken the disc any further, thereby ensuring that the disc will reverse at a
certain pressure, and no lower. The disc is also formed with an irregular
transition region at the base of the disc and a partial circular groove in
the transition region. The irregular transition region of the disc cooperates
with a protrusion formed in a support ring disposed downstream of the disc to
sever the disc dome from the annular flat flange region along the groove in
the transition region. Type:
Grant Filed:
September 18, 1997 Date of
Patent: December 28, 1999 Assignee:
Continental Disc Corporation Inventors:
Robert M. Mozley, J. Kyle McCamis Rupture
disc system Patent
number: 4759460 Abstract:
A rupture disc system comprises a ruptue disc including a dome portion and a
flange portion interconnected by a transition region and a mounting mechanism
for mounting the rupture disc by the flange portion thereof in a pressure
relieving vent. The rupture disc includes a thickness reducing groove at
least partially circumferentially surrounding the dome portion and located in
the transition region thereof. Preferably, the rupture disc is of the reverse
buckling type and the groove does not completely surround the dome portion so
as to define a tab or hinge within that part of the transition region which
is ungrooved or not as deeply grooved as a remainder of the transition
region. In addition, the slope or radius of curvature may be increased in the
region of the tab. The rupture disc also includes an indentation on the dome
portion. The indentation is preferably greatest on the dome portion at a
location spaced from the transition region and directly between the tab and a
crown of the dome portion. Type:
Grant Filed:
December 22, 1986 Date of
Patent: July 26, 1988 Assignee:
Continental Disc Corporation Inventor:
Robert M. Mozley Rupture
disc with selectively positioned initial buckling Patent
number: 4597505 Abstract:
A rupture disc system comprises a rupture disc including a dome portion and a
flange portion interconnected by a transition region and a mounting mechanism
for mounting the rupture disc by the flange portion thereof in a pressure
relieving vent. The rupture disc includes a thickness reducing groove at
least partially circumferentially surrounding the dome portion and located in
the transition region thereof. The rupture disc is of the reverse buckling
type and the groove does not completely surround the dome portion so as to
define a tab or hinge within that part of the transition region which is
ungrooved or not as deeply grooved as a remainder of the transition region.
The system includes a support structure for the disc which supports the
transition region except in a sector adjacent the dome portion where initial
failure is desired. The location of the unsupported sector is approximately
centered relative to the tab or hinge. Type:
Grant Filed:
April 9, 1984 Date of
Patent: July 1, 1986 Assignee:
Continental Disc Corporation Inventors:
Robert M. Mozley, Bryce H. Wilson Method
for forming rupture disc Patent
number: 4512171 Abstract:
A rupture disc system comprises a rupture disc including a dome portion and a
flange portion interconnected by a transition region and a mounting mechanism
for mounting the rupture disc by the flange portion thereof in a pressure
relieving vent. The rupture disc includes a thickness reducing groove at
least partially circumferentially surrounding the dome portion and located in
the transition region thereof. Preferably, the rupture disc is of the reverse
buckling type and the groove does not completely surround the dome portion so
as to define a tab or hinge within that part of the transition region which
is ungrooved or not as deeply grooved as a remainder of the transition
region. In addition, the slope or radius of curvature may be increased in the
region of the tab. The rupture disc also includes an indentation on the dome
portion. The indentation is preferably greatest on the dome portion at a
location spaced from the transition region and directly between the tab and a
crown of the dome portion. Type:
Grant Filed:
September 20, 1983 Date of
Patent: April 23, 1985 Assignee:
Continental Disc Corporation Inventor:
Robert M. Mozley |
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Filling History |
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Cases |
UNITED STATES
DISTRICT COURT, EASTERN DISTRICT OF MISSOURI EASTERN DIVISION CONTINENTAL DISC
CORP., Plaintiff, vs. APPLIED MANUFACTURING TECHNOLOGIES, INC., Defendant. Case No.
4:13CV00037 Hopkins v. Continental
Disc Corporation We have downloadable
decisions or orders for this case Filed: August 20,
2015 as 4:2015cv00399 Plaintiff: R Sam
Hopkins Defendant:
Continental Disc Corporation Cause Of Action:
Motion for Withdrawal of Reference Court: Ninth Circuit
› Idaho › Idaho District Court Type: Bankruptcy ›
Withdrawal Continental Disc
Corporation v. Applied Manufacturing Technologies, Inc. We have downloadable decisions or orders
for this case Filed: January 8,
2013 as 4:2013cv00037 Plaintiff:
Continental Disc Corporation Defendant: Applied
Manufacturing Technologies, Inc. Cause Of Action:
Diversity-Breach of Contract Court: Eighth
Circuit › Missouri › Missouri Eastern District Court Type: Contract ›
Contract: Other Patcap, LLC v.
Continental Disc Corporation Filed: September
30, 2010 as 5:2010cv02218 Plaintiff: Patcap,
LLC Defendant:
Continental Disc Corporation Cause Of Action:
Patent Infringement Court: Sixth
Circuit › Ohio › Ohio Northern District Court Type: Intellectual
Property › Patent Fike Corporation v.
Continental Disc Corporation Filed: May 4, 2004
as 4:2004cv00414 Cause Of Action:
Patent Infringement Court: Eighth
Circuit › Missouri › Missouri Western District Court Type: Intellectual
Property › Patent |
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UCC |
No records found |
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Trademarks |
CONTINENTAL DISC
CORPORATION - Trademark Details Status: 800 -
Registered And Renewed Image for trademark
with serial number 73665238 Serial
Number73665238 Registration
Number1507779 Word Mark
CONTINENTAL DISC CORPORATION Status800 -
Registered And Renewed Status Date
2017-12-19 Filing Date
1987-06-08 Registration Number
1507779 Registration Date
1988-10-11 Mark Drawing5S09 -
Illustration: Drawing with word(s)/letter(s)/number(s) in Stylized form 75%
Reduction Published for
Opposition Date 1988-07-19 Attorney Name
Andrea M. Porterfield Law Office Assigned
Location Code 580 Employee Name
ABRAMS, JACQUELINE WIL UNISERT - Trademark
Details Status: 710 -
Cancelled - Section 8 Image for trademark
with serial number 74264508 Serial Number
74264508 Registration Number
1745498 Word Mark UNISERT Status710 -
Cancelled - Section 8 Status Date
1999-07-20 Filing Date
1992-04-10 Registration Number
1745498 Registration Date
1993-01-12 Mark Drawing 1000 -
Typeset: Word(s)/letter(s)/number(s) Typeset Published for
Opposition Date1992-10-20 Law Office Assigned
Location CodeJ70 Employee Name
FIRST, VIVIAN M STAR X - Trademark
Details Status: 800 -
Registered And Renewed Image for trademark
with serial number 75084995 Serial Number
75084995 Registration Number
2043499 Word Mark STAR X Status800 -
Registered And Renewed Status Date
2017-01-19 Filing Date
1996-04-08 Registration Number
2043499 Registration Date
1997-03-11 Mark Drawing 1000 -
Typeset: Word(s)/letter(s)/number(s) Typeset Published for
Opposition Date1996-12-17 Attorney Name
Andrea M. Porterfield Law Office Assigned
Location CodeL40 Employee Name WONG,
CONRAD WAI-PAC SANITRX - Trademark
Details Status: 800 -
Registered And Renewed Image for trademark
with serial number 74402449 Serial
Number74402449 Registration Number1842648 Word MarkS ANITRX Status800 -
Registered And Renewed Status Date
2014-02-22 Filing Date
1993-06-17 Registration Number
1842648 Registration Date
1994-07-05 Mark Drawing 1000 -
Typeset: Word(s)/letter(s)/number(s) Typeset Published for
Opposition Date 1994-04-12 Attorney Name
Andrea M. Porterfield Law Office Assigned
Location CodeJ70 Employee Name
FIRST, VIVIAN M GRAFSERT -
Trademark Details Status: 800 -
Registered And Renewed Serial Number
72431954 Registration Number
0967359 Word Mark GRAFSERT Status 800 -
Registered And Renewed Status Date
2013-04-10 Filing Date
1972-08-07 Registration Number
0967359 Registration Date
1973-09-04 Mark Drawing 1000 -
Typeset: Word(s)/letter(s)/number(s) Typeset Attorney Name
Andrea M. Porterfield Statements Goods and Services
RUPTURE DISCS Pseudo Mark
GRAPHSERT |
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OFAC Sanctions List Search |
The company is not
listed in the OFAC list. |
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SUMMARY |
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Founded in 1965, Continental Disc
Corporation is a large-sized organization in the industrial valve manufacturers
industry located in Liberty, MO. The company has 175 full-time employees
and generates an estimated USD 20 million in annual revenue. The company imports from India, and
exports to Mexico and Colombia, operating within national and international
markets. The company is a subsidiary of Robert
Family Holdings, Inc. This has been an ACTIVE company
incorporated in MISSOURI in 1965. |
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RISK INFORMATION |
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DEBTS |
Controlled |
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PAYMENTS |
Regular |
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CASH FLOW |
Normal |
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STATUS |
ACTIVE |
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INTERVIEW |
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NAME |
NA |
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POSITION |
Receptionist |
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COMMENTS |
The person
contacted confirmed legal name, trade name, address, website and telephone.
She asked the reason of the call and refused to provide further information
as she explained she was not allowed to do so. She explained that the
company`s information is available at its website: www.contdisc.com She refused to
provide her name. |
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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 |
INR 64.08 |
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1 |
INR 91.34 |
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Euro |
1 |
INR 80.03 |
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US Dollar |
1 |
INR 64.14 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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NIY |
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Report Prepared
by : |
TRU |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.