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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

512181

Report Date :

01.06.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

LION COPOLYMER GEISMAR, LLC        

 

 

Registered Office :

Corporation Trust Center 1209 Orange St, Wilmington, New Castle, Delaware

 

 

Country :

United States

 

 

Financials (as on) :

2016 (Summarized)

 

 

Date of Incorporation :

28.02.2007

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Subject engaged in the manufacture of synthetic rubber, inorganic chemicals, plastics materials & resins, agricultural chemicals.

 

 

No. of Employees :

220

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

A

 

Credit Rating

Explanation

Rating Comments

A

Acceptable Risk

Business dealings permissible with moderate risk of default

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

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

 

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

United States

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

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 $59,500. 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 more than 50% 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, 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 former 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 FY 2018, the direct costs of the wars will have totaled more than $1.9 trillion, according to US Government figures.

In March 2010, former President OBAMA signed into law the Patient Protection and Affordable Care Act (ACA), 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 former 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%. The Fed ended its purchases during the summer of 2014, after the unemployment rate dropped to 6.2%, inflation stood at 1.7%, and public debt fell below 74% of GDP. 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 continued low growth, the Fed opted to raise rates several times since then, and in December 2017, the target rate stood at 1.5%.

In December 2017, Congress passed and President Donald TRUMP signed the Tax Cuts and Jobs Act, which, among its various provisions, reduces the corporate tax rate from 35% to 21%; lowers the individual tax rate for those with the highest incomes from 39.6% to 37%, and by lesser percentages for those at lower income levels; changes many deductions and credits used to calculate taxable income; and eliminates in 2019 the penalty imposed on taxpayers who do not obtain the minimum amount of health insurance required under the ACA. The new taxes took effect on 1 January 2018; the tax cut for corporations are permanent, but those for individuals are scheduled to expire after 2025. The Joint Committee on Taxation (JCT) under the Congressional Budget Office estimates that the new law will reduce tax revenues and increase the federal deficit by about $1.45 trillion over the 2018-2027 period. This amount would decline if economic growth were to exceed the JCT’s estimate.

 

Source : CIA

 

 

 

 


STATUTORY INFORMATION

                                                            

Order:

Lion Copolymer Geismar LLC

Address in the order:

36191 Highway 30 Geismar CA 70734 USA

The address given has a mistake. The company has got the same address but it is located in Los Angeles. The right address would be:

36191 Highway 30 Geismar, LA 70734 USA

Legal Name:

LION COPOLYMER GEISMAR, LLC                  

Trade Name:

LION COPOLYMER GEISMAR/UNIROYAL

ID:

4309224                       

Date Created:

2007

Date Incorporated:

2/28/2007

Legal Address:

CORPORATION TRUST CENTER 1209 ORANGE ST, WILMINGTON, New Castle, Delaware, USA

Operative Address:

36191 Louisiana Highway 30, Geismar, LA 70734,

United States

Telephone:

225-673-8871

Fax:

225-673-0511

Legal Form:

Limited Liability Company

Email:

NA

Registered in:

DELAWARE, USA

Website:

www.lionelastomers.com

Contact:

Keith Bagget, Branch Manager

Staff:

220 Employees

Activity:

SIC CODE: 2819, Industrial Inorganic Chemicals, NEC

NAICS CODE:  325180, Other Basic Inorganic Chemical Manufacturing

 

 

 

BANKS:

 

 

The company does not make its banking data public

 

 

HISTORY:

 

 

The company was incorporated in 2007 and is based in Geismar, Louisiana. Lion Copolymer Geismar, LLC operates as a subsidiary of Lion Copolymer Holdings, LLC.

 

 

 

 

PRINCIPAL ACTIVITY

 

 

Lion Copolymer Geismar, LLC engages in the manufacture of synthetic rubber, inorganic chemicals, plastics materials & resins, agricultural chemicals.

 

Products/Services description:

Synthetic Rubber

Inorganic Chemicals

Plastics Materials & Resins

Agricultural Chemicals

Trilene Liquid EPDM

Royalene/Royaledge EPDM

Black Masterbatch Types

Cold Types

Hot Polymerized SBR

Brands:

Trilene

Royalene

Sales are:

Wholesale

Clients:

BRIDGESTONE DE COSTA RICA SA  

Exlp Global Mexico SA de CV  

Merit Trading Ltd.

GATES DE MEXICO SA DE CV

Suppliers:

ESIM CHEMICALS GMBH         

Chem Solutions GmbH

INEOS Oxide Ltd.

Hexagon Polymers Compounding SA de CV

Operations area:

National and International

The company imports from

Austria, United Kingdom, Mexico

The company exports to

Costa Rica, Mexico, China

The subject employs

220 Employees

Payments:

Regular

 

 

 

LOCATION

 

 

Headquarters :

P.O. Box 397, 36191 Highway 30 Geismar, Louisiana 70734 USA

Comments:

NA

Branches:

Lion Elastomers LLC Texas United States

P.O. Box 667

1615 Main Street

Port Neches, Texas 77651

Main Competitors

NA

Related Companies:

The company does not have related companies

 

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

 

Listed at the stock exchange:

NO

Capital:

NA

Shareholders:

Lion Copolymer Geismar, LLC operates as a subsidiary of:

Lion Copolymer Holdings, LLC.

36191 Louisiana Highway 30

Geismar, LA 70734

United States

Management:

Keith Bagget, Branch Manager

Stan Arnold, Manager

Bryan Franklin, Lab Technician

William Galloway, Net Administrator

 

 

FINANCIAL INFORMATION

 

The company does not make its financial statements public. The following information has been provided by private sources:

 

USD 2016

 

Sales

126 910 000

Cash flow

Normal

 

 

 

LEGAL FILINGS

 

 

 

Patents

High solids cross-linked ethylene propylene diene terpolymer latex

Patent number: 8987346

Abstract: A high solids cross-linked ethylene propylene diene terpolymer latex consisting of 15 weight percent to 88 weight percent ethylene propylene diene terpolymer with a molecular weight from 1300000 Mw to 5000 Mw, 10 weight percent to 70 weight percent of a water, 1 weight percent to 15 weight percent of a surfactant, and 0.3 weight percent to 1.76 weight percent of a curative.

Type: Grant

Filed: March 27, 2014

Date of Patent: March 24, 2015

Assignee: Lion Copolymer Geismar, LLC

Inventors: Michael J. Molnar, George A. Von Bodungen, Subir Debnath, Harold William Young, Jr., Zhiyong Zhu

 

HIGH SOLIDS CROSS-LINKED ETHYLENE PROPYLENE DIENE TERPOLYMER LATEX

Publication number: 20140378574

Abstract: A high solids cross-linked ethylene propylene diene terpolymer latex consisting of 15 weight percent to 88 weight percent ethylene propylene diene terpolymer with a molecular weight from 1300000 Mw to 5000 Mw, 10 weight percent to 70 weight percent of a water, 1 weight percent to 15 weight percent of a surfactant, and 0.3 weight percent to 1.76 weight percent of a curative.

Type: Application

Filed: March 27, 2014

Publication date: December 25, 2014

Applicant: LION COPOLYMER GEISMAR, LLC

Inventors: Michael J. Molnar, George A. Von Bodungen, Subir Debnath, Harold William Young, JR., Zhiyong Zhu

 

 

CROSS-LINKED ETHYLENE PROPYLENE DIENE TERPOLYMER LATEX BLEND FOR IMPROVED COATINGS

Publication number: 20140364534

Abstract: Latex blend formulations that include a high solids cross-linked ethylene propylene diene terpolymer latex with acrylics, polyurethane, epoxy, or alkyd resin usable as a waterproofing material for roofs or usable in paints and adhesives.

Type: Application

Filed: April 16, 2014

Publication date: December 11, 2014

Applicant: LION COPOLYMER GEISMAR, LLC

Inventors: Michael J. Molnar, George A. Von Bodungen, Subir Debnath, Harold William Young, JR., Zhiyong Zhu

 

Ambient light curable ethylene propylene diene terpolymer rubber coating devoid of thermally activated accelerators

Patent number: 8901194

Abstract: A durable ambient light curable waterproof liquid rubber coating with volatile organic compound (VOC) content of less than 450 grams per liter made from ethylene propylene diene terpolymer (EPDM) in a solvent, a photoinitiator, an additive, pigments, and fillers, and a co-agent and a method for making the formulation, wherein the formulation is devoid of thermally activated accelerators.

Type: Grant

Filed: February 12, 2014

Date of Patent: December 2, 2014

Assignee: Lion Copolymer Geismar, LLC

Inventors: Michael J. Molnar, Daniel S. Nelson, Arthur J. Fontenot, III, Harold William Young, Jr., Augusto Caesar Ibay, Zhiyong Zhu

 

Dual curable ethylene propylene diene polymer rubber coating using a photoinitiator and a peroxide

Patent number: 8901191

Abstract: A durable ambient light curable waterproof liquid rubber coating with volatile organic compound (VOC) content of less than 450 grams per liter made from ethylene propylene diene terpolymer (EPDM) in a solvent, a photoinitiator, an additive, pigments, and fillers, and a co-agent and a method for making the formulation, wherein the formulation is devoid of thermally activated accelerators.

Type: Grant

Filed: February 12, 2014

Date of Patent: December 2, 2014

Assignee: Lion Copolymer Geismar, LLC

Inventors: Michael J. Molnar, Arthur J. Fontenot, III, Harold William Young, Jr., Daniel S. Nelson, Augusto Caesar Ibay

 

Cross-linked ethylene propylene diene terpolymer latex blend for improved coatings

Patent number: 8901204

Abstract: Latex blend formulations that include a high solids cross-linked ethylene propylene diene terpolymer latex with acrylics, polyurethane, epoxy, or alkyd resin usable as a waterproofing material for roofs or usable in paints and adhesives.

Type: Grant

Filed: April 16, 2014

Date of Patent: December 2, 2014

Assignee: Lion Copoloymer Geismar, LLC

Inventors: Michael J. Molnar, George A. Von Bodungen, Subir Debnath, Harold William Young, Jr., Zhiyong Zhu

 

Method for making a dual curable ethylene propylene diene polymer rubber coating using a photoinitiator and a peroxide

Patent number: 8901193

Abstract: A durable ambient light curable waterproof liquid rubber coating with volatile organic compound (VOC) content of less than 450 grams per liter made from ethylene propylene diene terpolymer (EPDM) in a solvent, a photoinitiator, an additive, pigments, and fillers, and a co-agent and a method for making the formulation, wherein the formulation is devoid of thermally activated accelerators.

Type: Grant

Filed: February 12, 2014

Date of Patent: December 2, 2014

Assignee: Lion Copolymer Geismar, LLC

Inventors: Michael J. Molnar, Arthur J. Fontenot, III, Harold William Young, Jr., Daniel S. Nelson, Augusto Caesar Ibay

 

Method for making an ambient light curable ethylene propylene diene terpolymer rubber coating devoid of thermally activated accelerators

Patent number: 8901201

Abstract: A durable ambient light curable waterproof liquid rubber coating with volatile organic compound (VOC) content of less than 450 grams per liter made from ethylene propylene diene terpolymer (EPDM) in a solvent, a photoinitiator, an additive, pigments, and fillers, and a co-agent and a method for making the formulation, wherein the formulation is devoid of thermally activated accelerators.

Type: Grant

Filed: February 12, 2014

Date of Patent: December 2, 2014

Assignee: Lion Copolymer Geismar, LLC

Inventors: Michael J. Molnar, Daniel S. Nelson, Arthur J. Fontenot, III, Harold William Young, Jr., Augusto Caesar Ibay, Zhiyong Zhu

 

Method for making a high solids low volatile organic compounds content ethylene propylene diene terpolymer rubber coating

Patent number: 8901195

Abstract: A two part high solids low volatile organic compounds durable curable waterproof liquid rubber formulation with a solids content of at least 60 percent solids by volume based on the total coating formulation, wherein a first component has EPDM, a solvent, a curative, an additive, and a blend of a pigment and a filler. The second component contains solvent and a metal drier.

Type: Grant

Filed: February 12, 2014

Date of Patent: December 2, 2014

Assignee: Lion Copolyer Geismar, LLC

Inventors: Michael J. Molnar, Arthur J. Fontenot, III, Harold William Young, Jr., Daniel S. Nelson, Augusto Caesar Ibay

 

Method for making a high solids cross-linked ethylene propylene diene terpolymer latex

Patent number: 8859638

Abstract: A low pressure, low volatile, low energy method to make an ethylene, propylene diene terpolymer latex usable in paints, adhesives, and as a coating.

Type: Grant

Filed: March 27, 2014

Date of Patent: October 14, 2014

Assignee: Lion Copolymer Geismar, LLC

Inventors: Michael J. Molnar, George A. Von Bodungen, Subir Debnath, Harold William Young, Jr., Zhiyong Zhu

METHOD FOR MAKING AN AMBIENT LIGHT CURABLE ETHYLENE PROPYLENE DIENE TERPOLYMER RUBBER COATING DEVOID OF THERMALLY ACTIVATED ACCELERATORS

Publication number: 20140228469

Abstract: A durable ambient light curable waterproof liquid rubber coating with volatile organic compound (VOC) content of less than 450 grams per liter made from ethylene propylene diene terpolymer (EPDM) in a solvent, a photoinitiator, an additive, pigments, and fillers, and a co-agent and a method for making the formulation, wherein the formulation is devoid of thermally activated accelerators.

Type: Application

Filed: February 12, 2014

Publication date: August 14, 2014

Applicant: LION COPOLYMER GEISMAR, LLC

Inventors: Michael J. Molnar, Daniel S. Nelson, Arthur J. Fontenot, III, Harold William Young, JR., Augusto Caesar Ibay, Zhiyong Zhu

DUAL CURABLE ETHYLENE PROPYLENE DIENE POLYMER RUBBER COATING USING A PHOTOINITIATOR AND A PEROXIDE

Publication number: 20140228465

Abstract: A durable ambient light curable waterproof liquid rubber coating with volatile organic compound (VOC) content of less than 450 grams per liter made from ethylene propylene diene terpolymer (EPDM) in a solvent, a photoinitiator, an additive, pigments, and fillers, and a co-agent and a method for making the formulation, wherein the formulation is devoid of thermally activated accelerators.

Type: Application

Filed: February 12, 2014

Publication date: August 14, 2014

Applicant: LION COPOLYMER GEISMAR, LLC

Inventors: Michael J. Molnar, Arthur J. Fontenot, III, Harold William Young, Jr., Daniel S. Nelson, Augusto Caesar Ibay

METHOD FOR MAKING A DUAL CURABLE ETHYLENE PROPYLENE DIENE POLYMER RUBBER COATING USING A PHOTOINITIATOR AND A PEROXIDE

Publication number: 20140228467

Abstract: A durable ambient light curable waterproof liquid rubber coating with volatile organic compound (VOC) content of less than 450 grams per liter made from ethylene propylene diene terpolymer (EPDM) in a solvent, a photoinitiator, an additive, pigments, and fillers, and a co-agent and a method for making the formulation, wherein the formulation is devoid of thermally activated accelerators.

Type: Application

Filed: February 12, 2014

Publication date: August 14, 2014

Applicant: LION COPOLYMER GEISMAR, LLC

Inventors: Michael J. Molnar, Arthur J. Fontenot, III, Harold William Young, JR., Daniel S. Nelson, Augusto Caesar Ibay

AMBIENT LIGHT CURABLE ETHYLENE PROPYLENE DIENE TERPOLYMER RUBBER COATING DEVOID OF THERMALLY ACTIVATED ACCELERATORS

Publication number: 20140228470

Abstract: A durable ambient light curable waterproof liquid rubber coating with volatile organic compound (VOC) content of less than 450 grams per liter made from ethylene propylene diene terpolymer (EPDM) in a solvent, a photoinitiator, an additive, pigments, and fillers, and a co-agent and a method for making the formulation, wherein the formulation is devoid of thermally activated accelerators.

Type: Application

Filed: February 12, 2014

Publication date: August 14, 2014

Applicant: LION COPOLYMER GEISMAR, LLC

Inventors: Michael J. Molnar, Daniel S. Nelson, Arthur J. Fontenot, III, Harold William Young, JR., Augusto Caesar Ibay, Zhiyong Zhu

HIGH SOLIDS LOW VOLATILE ORGANIC COMPOUNDS CONTENT ETHYLENE PROPYLENE DIENE TERPOLYMER FORMULATION

Publication number: 20140228476

Abstract: A two part low volatile organic compounds (VOC) content ethylene propylene diene terpolymer formulation with a solids content of at least 60 percent solids by volume of the total formulation and a volatile organic compounds content less than 450 grams per liter, wherein a first component has EPDM, a solvent, a curative, an additive, and a blend of a pigment and a filler. The second component contains solvent and a metal drier. The invention includes a method for making the coating and a cured coated substrate with the cured waterproof rubber coating disposed thereon.

Type: Application

Filed: February 12, 2014

Publication date: August 14, 2014

Applicant: LION COPOLYMER GEISMAR, LLC

Inventors: Michael J. Molnar, Arthur J. Fontenot, III, Harold William Young, JR., Daniel S. Nelson, Augusto Caesar Ibay

METHOD FOR MAKING A HIGH SOLIDS LOW VOLATILE ORGANIC COMPOUNDS CONTENT ETHYLENE PROPYLENE DIENE TERPOLYMER RUBBER COATING

Publication number: 20140228506

Abstract: A two part high solids low volatile organic compounds durable curable waterproof liquid rubber formulation with a solids content of at least 60 percent solids by volume based on the total coating formulation, wherein a first component has EPDM, a solvent, a curative, an additive, and a blend of a pigment and a filler. The second component contains solvent and a metal drier.

Type: Application

Filed: February 12, 2014

Publication date: August 14, 2014

Applicant: LION COPOLYMER GEISMAR, LLC

Inventors: Michael J. Molnar, Arthur J. Fontenot, III, Harold William Young, JR., Daniel S. Nelson, Augusto Caesar Ibay

 

 

 

Trademarks:

ROYALENE

SYNTHETIC RUBBER

Owned by: LION COPOLYMER GEISMAR, LLC

Serial Number: 72183939

TRILENE

LOW MOLECULAR WEIGHT SYNTHETIC POLYMER FOR FURTHER USE IN MANUFACTURING

Owned by: LION COPOLYMER GEISMAR, LLC

Serial Number: 73625002

TRILENE FREEFLOW

Low molecular weight synthetic polymer for further use in manufacturing

Owned by: LION COPOLYMER GEISMAR, LLC

Serial Number: 77919196

LION COPOLYMER

elastomeric polymers, namely, rubber

Owned by: LION COPOLYMER GEISMAR, LLC

Serial Number: 78740525

COPOLYMER

elastomeric polymers, namely, rubber

Owned by: LION COPOLYMER GEISMAR, LLC

Serial Number: 78865668

MARLENE

Low molecular weight synthetic polymer for further use in manufacturing

Owned by: LION COPOLYMER GEISMAR, LLC

Serial Number: 85031915

ROYALFLEX

Synthetic rubbers

Owned by: LION COPOLYMER GEISMAR, LLC

Serial Number: 85082196

 

 

 

Lawsuits:

No found

 

 

UCC:

No records found

 

 

OFAC

Sanctions List Search:

 

The company is not listed in the OFAC list.

 

 

 

 

SUMMARY

 

 

Lion Copolymer Geismar LLC is a privately held company in Geismar, LA.

 

It currently employs a staff of 220 and has an annual revenue of USD MIL 126.91.

 

The company acts as a subsidiary of Lion Copolymer Holdings, LLC.

 

The company mainly imports from Mexico, United Kingdom and Austria and exports to Costa Rica and Mexico.

 

It is ACTIVE in DELAWARE, USA; with no negative records.

 

 

 

RISK INFORMATION

 

 

 

DEBTS

Controlled

PAYMENTS

Regular

CASH FLOW

Normal

STATUS

ACTIVE

           

 

 

INTERVIEW

 

 

NAME

NA

POSITION

NA

COMMENTS

We tried calling several times and when we reached the voicemail we could not leave a message because it was full. This may be due to the fact that today is a Federal Holiday in the United States. We were not able to leave a message.

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 67.45

UK Pound

1

INR 89.79

Euro

1

INR 78.79

US Dollar

1

INR 67.24

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

NIS

 

 

Report Prepared by :

TRU

                                                


 

RATING EXPLANATIONS

 

Credit Rating

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

A+

Low Risk

Business dealings permissible with low risk of default

A

Acceptable Risk

Business dealings permissible with moderate risk of default

B

Medium Risk

Business dealings permissible on a regular monitoring basis

C

Medium High Risk

Business dealings permissible preferably on secured basis

D

High Risk

Business dealing not recommended or on secured terms only

NB

New Business

No recommendation can be done due to business in infancy stage

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)

 

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.