D&B Business Information Report: GORMAN MANUFACTURING COMPANY, INC.

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D-U-N-S® Number 80-473-5132
 
Report Printed: February 4, 2013
In Date  
 
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 Business Summary   About Business Summary
 
       
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GORMAN MANUFACTURING COMPANY, INC.
492 Koller Street
San Francisco, CA 94110
 
Do not confuse with other Gorman companies, this is a fictitious company used by D&B for demonstration purposes.
This is a headquarters location.
Branch(es) or division(s) exist.
 
 
Telephone:  650 555-0000
 
 
 
Chief executive:  LESLIE SMITH, PRES
 
 
 
Year started:  1985
 
 
Employs: 130 (110 here)
 
Financial statement date: DEC 31 2010
 
 
Sales F: $21,665,429
 
 
Net worth F: $1,075,695
 
 
History:  CLEAR
 
 
Financial condition:  FAIR
 
 
Jump to:  Finance Section
SIC: 2752
 
Jump to:  SIC & NAICS Section
 
 
Line of business:  Lithographic commercial printing
 
     
D-U-N-S Number:
80-473-5132
 
 Corporate Family
This business is at the top of the corporate family. Click the link below to view subsidiaries and branches.
View more family members
 
D&B Rating:
3A4
 
Financial strength:   3A is $1 to 10 million.
 
Composite credit appraisal:   4 is limited.
 
Jump to:  Summary Analysis Section
 
D&B Viability Rating:
64CR
 
Jump to:  Viability Rating Analysis Section
 
D&B PAYDEX®:
 
D&B PAYDEX: 73
When weighted by dollar amount, payments to suppliers average 11 days beyond terms.

Based on up to 24 months of trade.
D&B PAYDEX Key
 
 
High risk of late payment
  (average 30 to 120 days beyond terms)
Medium risk of late payment
  (average 30 days or less beyond terms)
Low risk of late payment
  (average prompt to 30+ days sooner)
Jump to:  Payments Section
 
 
 Summary Analysis   About Summary Analysis
 
D&B Rating:
3A4
 
  Financial strength:   3A indicates $1 to 10 million.
 
  Composite credit appraisal:   4 is limited.

This credit rating was assigned because of D&B's assessment of the company's financial ratios and its cash flow. For more information, see the D&B Rating Key.

Below is an overview of the company's rating history since 03/20/08:

 
D&B Rating Date Applied
 3A4 03/20/08

The Summary Analysis section reflects information in D&B's file as of January 31, 2011.
 
 
 Viability Rating Analysis   About Viability Rating Analysis
 
The D&B Viability Rating uses D&B's proprietary analytics to compare the most predictive business risk indicators and deliver a highly reliable assessment of the probability that a company will no longer be in business within the next 12 months.

D&B VIABILITY RATING:
64CR

D&B VIABILITY RATING COMPONENTS:

VIABILITY SCORE:

Viability Score is the first of four components within the D&B Viability Rating. It is a high-level risk indicator that assesses the probability that a company will no longer be in business within the next 12 months, compared to all US businesses within the D&B database. A business is no longer viable when it goes out of business, becomes dormant/ inactive or files for bankruptcy. The ranking ranges from 1 to 9 where 9 reflects the highest probability of becoming no longer viable and 1 reflects the lowest probability.

NOTE: The Viability Score is best used when ranking all businesses within your portfolio based on the probability of becoming no longer viable.
Viability Score:  6                                                     

Compared to ALL US Business within D&B Database:

  • Level of risk: Moderate Risk
  • Business ranked 6 have a probability of becoming no longer viable: 13
  • Percentage of business ranked 6: 30
  • Across all US business, the average probability of becoming no longer viable: 14

  • PORTFOLIO COMPARISON:

    Portfolio Comparison is the second of four components within the D&B Viability Rating. Portfolio Comparison is a more detailed risk indicator that assesses the viability of a company compared to similar businesses within the same model segment which are determined by the amount and type of data available. A business is no longer viable when it goes out of business, becomes dormant/ inactive or files for bankruptcy. Every business within the D&B database falls into 1 of the following 4 profile segments:

    1. Available Financial Data.
    2. Established Trade Payments.
    3. Limited trade Payments.
    4. Firmographics and Business Activity.
    The Portfolio Comparison ranking ranges from 1 to 9 where 9 reflects the highest probability of becoming no longer viable and 1 reflects the lowest probability.

    NOTE: The Portfolio Comparison is best used when analyzing the individual risk level of a company compared to businesses within the same profile segment.
    Portfolio Comparison:  4                                            

    Compared to all Business within the same MODEL SEGMENT:

  • Model Segment: Limited Trade Payments
  • Level of risk: Low Risk
  • Business ranked 4 within this model segment have a probability of becoming no longer     viable: 9
  • Percentage of business ranked 4 within this model segment: 11
  • Within this model segment, the average probability of becoming no longer viable: 11

  • DATA DEPTH INDICATOR:

    Data Depth Indicator is the third of four components within the D&B Viability Rating. The Depth of Data Indicator presents the level of data available for a company. Data depth assists in the assessment of whether a company will no longer be viable and includes the following:

    1. Financial Attributes.
    2. Commercial Trading Activity.
    3. Firmographics.
    The level of data is represented by a letter on a scale of A - G where A reflects the greatest level of predictive data to make a highly reliable assessment of company viability, and G reflects a minimal level of data which can be considered descriptive. The more comprehensive the data, the more precise the overall D&B Viability Rating becomes. If a company has been placed in the Special Category, a letter ranging from H-M will be assigned to identify the specific reason.

    Data Depth:   C

    Data Depth Indicator Details:

  • Rich Firmographics
  • Extensive Commercial Trading Activity
  • No Financial Attributes

  • Greater data depth can increase the precision of the D&B Viability Rating assessment.

    You have the ability to influence the confidence of the viability assessment by asking the business to report more information to D&B at https://iupdate.dnb.com

    COMPANY PROFILE:

    Company Profile is the fourth of four components within the D&B Viability Rating. The Company Profile describes a company based on a combination of 4 categories:

    1. Financial Data.
    2. Trade Payments.
    3. Company Size.
    4. Years in Business.
    A company is characterized by a letter which ranges from A - X; with each letter representing a combination of the 4 categories that make up the company's profile. For example, A describes a company with a comprehensive level data, which has been in business 5+ years, with 50+ employees or $500K+ in Sales, while X reflects a company with a minimal data, in business < 5 years, with < 10 employees or < $10K in Sales. Y and Z reflect a Branch and Subsidiary, respectively.

    Company Profile:   R

    Company Profile Details:

  • Financial Data:Not Available
  • Trade Payments : Available: 1-2 Trade
  • Business Size: Small: Employees: <10 or Sales: <$10K or Missing
  • Years in Business:Young (Young: <5 )
  • >
     Customer Service 
     
       Need help? Call Customer Service at (800) 333-0505, Monday through Friday, 8:00 AM to 6:00 PM Local Time.
     
     
     
      Overview History & Operations Payments Banking & Finance Public Filings

    This report is prepared and provided under contract for the exclusive use of Alliance Global Service, AGS Pvt Ltd.
    This report may not be reproduced in whole or in part by any means of reproduction.
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     History   About History
     
    The following information was reported 01/20/2011:
     
    Officer(s):   LESLIE SMITH, PRES
       KEVIN J HUNT, SEC-TREAS
     
    DIRECTOR(S):  THE OFFICER(S)
     

    This is a Corporation formed in the State of California on May 21, 1985.

    Business started 1985 by Leslie Smith and Kevin J Hunt. 60% of capital stock is owned by Leslie Smith. 40% of capital stock is owned by Kevin J Hunt.

    LESLIE SMITH born 1946. Graduated from the University of California, Los Angeles, CA, in June 1967 with a BS degree in Business Management. 1967-85 General Manager for Raymor Printing Co, San Francisco, CA. 1985 formed subject with Kevin J Hunt. 1985 to present active as Principal in Gorman Affiliate Ltd, San Francisco, CA.

    KEVIN J HUNT born 1945. Graduated from Northwestern University, Evanston, IL in June 1966. 1966-1985 was General Manager for Raymor Printing Co, San Francisco, CA. 1985 formed subject with Leslie Smith. 1985 to present active as Principal in Gorman Affiliate Ltd, San Francisco, CA.


    AFFILIATE:
    The following is related through common principals, management and/or ownership. Gorman Affiliate Ltd, San Francisco, CA, started 1985. Operates as commercial printer. Intercompany relations: None reported by management.
     
     Corporate Family   About Corporate Family
    Click below to buy a Business Information Report on that family member.
     
    Subsidiaries (US):
      Gorman Catalog Printing Inc San Francisco, CA DUNS # 05-963-3730
      Gorman Poster Printing Inc San Francisco, CA DUNS # 05-806-3731

    Branches (US):
      Gorman Manufacturing Company, Inc. Los Angeles, CA DUNS # 03-873-2116
     Business Registration   About Business Registration

    CORPORATE AND BUSINESS REGISTRATIONS PROVIDED BY MANAGEMENT OR OTHER SOURCE

    The Corporate Details provided below may have been submitted by the management of the subject business and may not have been verified with the government agency which records such data.
     
    Registered Name: Gorman Manufacturing Company, Inc.
     
       
     
    Business type:  CORPORATION
     
     
    Corporation type:  PROFIT
     
     
    Date incorporated:  MAY 21 1985
     
     
    State of incorporation:  CALIFORNIA
     
     
    Filing date:  MAY 21 1985
     
     
    Registration ID:  testcase102
     
         
       
    Common stock
     
    Authorized shares:  200
     
    Par value:
     
     
    Where filed: SECRETARY OF STATE/CORPORATIONS DIVISION, SACRAMENTO, CA
     
     Operations   About Operations
     
    01/20/2011
     
    Description:   Engaged in commercial lithographic printing (100%).
     
      Terms are Net 30 days. Has 240 account(s). Sells to commercial concerns. Territory : United States.
     
      Nonseasonal.
     
    Employees:   130 which includes officer(s). 110 employed here.
     
    Facilities:   Occupies premises in a one story cinder block building.
     
    Location:    Central business section on well traveled street.
     
    Branches:    This business has multiple branches, detailed branch/division information is available in D&B's linkage of family tree products.
     
    Subsidiaries:    This business has 2 subsidiaries listed below.
     
       The extent of ownership where known, is shown in parenthesis following company name:
     
       Gorman Poster Printing Inc, San Francisco, CA (100%) chartered 2003. Operates as a poster printing company.
     
       Gorman Catalog Printing Inc, San Francisco, CA (100%) chartered 2003. Operates as a catalog printing company.
     
     
     SIC & NAICS   About SIC & NAICS
     
    SIC:
    Based on information in our file, D&B has assigned this company an extended 8-digit SIC. D&B's use of 8-digit SICs enables us to be more specific to a company's operations than if we use the standard 4-digit code.

    The 4-digit SIC numbers link to the description on the Occupational Safety & Health Administration (OSHA) Web site. Links open in a new browser window.

    27520000 Commercial printing, lithographic
     
    NAICS:
    323110 Commercial Lithographic Printing
     
     
     
      Overview History & Operations Payments Banking & Finance Public Filings

    This report is prepared and provided under contract for the exclusive use of Alliance Global Service, AGS Pvt Ltd.
    This report may not be reproduced in whole or in part by any means of reproduction.
    Print Entire ReportE-mail ReportSave Text ReportSave HTML Report
     
     
     
     
     
     D&B PAYDEX   About D&B PAYDEX
     
    The D&B PAYDEX is a unique, dollar weighted indicator of payment performance based on up to 27 payment experiences as reported to D&B by trade references.
    D&B PAYDEX: 73
    When weighted by dollar amount, payments to suppliers average 11 days beyond terms.

    Based on up to 24 months of trade.

    When dollar amounts are not considered, then approximately 75% of the company's payments are within terms.

    D&B PAYDEX Key:
    High risk of late payment (average 30 to 120 days beyond terms)
    Medium risk of late payment (average 30 days or less beyond terms)
    Low risk of late payment (average prompt to 30+ days sooner)


     Payment Summary   About Payment Summary

    The Payment Summary section reflects payment information in D&B's file as of the date of this report.

    Below is an overview of the company's dollar-weighted payments, segmented by its suppliers' primary industries:

      Total
    Rcv'd
    (#)
    Total Dollar
    Amts
    ($)
    Largest High
    Credit
    ($)
    Within
    Terms
    (%)
    Days Slow
    <31 31-60 61-90 90>
    (%)

    The highest Now Owes on file is $80,000

    The highest Past Due on file is $40,000

    The aggregate dollar amount of the 27 payment experiences in D&B's file equals 33.3% of this company's average monthly sales. In Dun & Bradstreet's opinion, payment experiences exceeding 10% of a company's average monthly sales can be considered representative of payment performance.



     Payment Details   About Payment Details
     
    Detailed Payment History

    Date Reported
    (mm/yy)
    Paying Record High Credit
    ($)
    Now Owes
    ($)
    Past Due
    ($)
    Selling Terms Last Sale
    Within
    (months)

    Payments Detail Key:   30 or more days beyond terms

    Payment experiences reflect how bills are met in relation to the terms granted. In some instances payment beyond terms can be the result of disputes over merchandise, skipped invoices etc.

    Each experience shown is from a separate supplier. Updated trade experiences replace those previously reported.

     
     
      Overview History & Operations Payments Banking & Finance Public Filings

    This report is prepared and provided under contract for the exclusive use of Alliance Global Service, AGS Pvt Ltd.
    This report may not be reproduced in whole or in part by any means of reproduction.
    Print Entire ReportE-mail ReportSave Text ReportSave HTML Report
     
     
     
     
     
     Finance   About Finance
     
    01/10/2011
     
    Three-year statement comparative:
     
      Fiscal 
    Consolidated 
    Dec 31 2008 
    Fiscal 
    Consolidated 
    Dec 31 2009 
    Fiscal 
    Consolidated 
    Dec 31 2010 
     
    Current Assets 9,707,835 8,096,249 8,055,594
    Current Liabs 8,235,440 6,772,839 7,224,999
    Current Ratio 1.18 1.2 1.11
    Working Capital 1,472,395 1,323,410 830,595
    Other Assets 2,238,621 2,108,974 1,931,322
    Net Worth 1,812,635 1,340,331 1,075,695
    Sales 28,646,009 23,480,920 21,665,429
    Long Term Liab 1,898,381 2,092,053 1,686,222
    Net Profit (Loss) (214,000) (472,304) (264,636)
     
     
    Fiscal Consolidated statement dated DEC 31 2010:
                         
      Assets     Liabilities
        Cash 725,334           Accts Pay 4,260,555    
        Accts Rec 3,956,227           Notes Pay 402,533    
        Inventory 2,988,366           L.T. Liab-(1yr) 1,593,366    
        Other Curr Assets 385,667           Other Curr Liabs 968,545    
      Curr Assets   $8,055,594         Curr Liabs   $7,224,999    
        Fixt & Equip 1,325,877           L.T. Liab-Other 1,686,222    
        Other Assets 605,445           COMMON STOCK 50,000    
                RETAINED EARNINGS 1,025,695    
      Total Assets   $9,986,916         Total   $9,986,916    
         
     
    From JAN 01 2010 to DEC 31 2010 annual sales $21,665,429; cost of goods sold $18,978,510. Gross profit $2,686,919; operating expenses $2,904,369. Operating income $(217,450); other income $74,723; other expenses $100,509; net income before taxes $(243,236); Federal income tax $21,400. (net loss) $264,636.
     
    Prepared from statement(s) by Accountant: Johnson, Jordan & Jones CPAs.
     
    ACCOUNTANT'S OPINION
    A review of the accountant's opinion indicates the financial statements meet generally accepted accounting principles and that the audit contains no qualifications.
     
    Fixed assets shown net less $129,743 depreciation.
     
    On JAN 01 2011 Leslie Smith, president, referred to the above figures.
     

     Key Business Ratios   About Key Business Ratios
     
    Statement date: DEC 31 2010
    Based on this number of establishments:   45
     
    Firm Industry Median
    Return of Sales: ( 1.2)   Return of Sales: 0.9
    Current Ratio: 1.1   Current Ratio: 1.5
    Assets / Sales: 46.1   Assets / Sales: 62.2
    Total Liability / Net Worth: 828.4   Total Liability / Net Worth: 122.0
     

     
     
      Overview History & Operations Payments Banking & Finance Public Filings

    This report is prepared and provided under contract for the exclusive use of Alliance Global Service, AGS Pvt Ltd.
    This report may not be reproduced in whole or in part by any means of reproduction.
    Print Entire ReportE-mail ReportSave Text ReportSave HTML Report
     
     
     
     
     
     Public Filings 
       
    The following Public Filing data is for information purposes only and is not the official record. Certified copies can only be obtained from the official source.

     

     Judgments   About Judgments
       
     
     Liens   About Liens
       
    A lienholder can file the same lien in more than one filing location. The appearance of multiple liens filed by the same lienholder against a debtor may be indicative of such an occurrence.

     
     UCC Filings   About UCC Filings
       
     
    The public record items contained in this report may have been paid, terminated, vacated or released prior to the date this report was printed.

     

     Government Activity   About Government Activity
     
    Activity summary
      Borrower (Dir/Guar): NO
      Administrative debt: NO
      Contractor: YES
      Grantee: YES
      Party excluded from federal program(s):   NO
     
    Possible candidate for socio-economic program consideration
      Labor surplus area: N/A
      Small Business: N/A
      8(A) firm: N/A
     
    The details provided in the Government Activity section are as reported to Dun & Bradstreet by the federal government and other sources.
     
     
     
      Overview History & Operations Payments Banking & Finance Public Filings

    This report is prepared and provided under contract for the exclusive use of Alliance Global Service, AGS Pvt Ltd.
    This report may not be reproduced in whole or in part by any means of reproduction.
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