Supplier Evaluation Report: Gorman Manufacturing
Company,
The following is the report you requested. This
report will remain on file for 5 days. You can set a bookmark to this page if
you wish to view it again during that time.
COPYRIGHT 1999 DUN & BRADSTREET INC. - PROVIDED UNDER CONTRACT
FOR THE EXCLUSIVE USE OF SUBSCRIBER 034-004303.
ATTN: vm
SUPPLIER EVALUATION
-------------------------------------------------------------------------------
DUNS: 80-473-5132 DATE PRINTED: SUMMARY
AUG 18 1999 -------
GORMAN MANUFACTURING COMPANY, INC CONTROL 1965
SALES F $17,685,297
492 KOLLER STREET NET WORTH F $2,838,982
SAN FRANCISCO CA 94110-0000 EMPLOYS 105 TOTAL
TEL: (650) 555-0000 100 HERE
CHIEF EXECUTIVE: LESLIE SMITH, PRES PRIMARY SIC NO. 2752
COMMERCIAL PRINTING
-------------------------------------------------------------------------------
SPECIAL EVENTS
04/06/99 On Mar 26, 1998 the subject experienced a fire due to an
earthquake. According to Leslie Smith, president, damages amounted to
$35,000 which were fully covered by their insurance company. The
business was closed for two days while employees settled personal
matters.
-------------------------------------------------------------------------------
SUPPLIER RISK SCORE FOR THIS FIRM = 9
SUPPLIER RISK SCORE
=======================================================
Lowest Risk Highest Risk
1 2 3 4 5 6 7 8 < 9 >
=======================================================
The Supplier Risk Score Models predict the likelihood of a firm ceasing
business without paying all creditors in full, or reorganizing, or
obtaining relief from creditors under state/federal law over the next
18 months. The score was calculated using statistically valid models
derived from D&B's extensive data files.
-------------------------------------------------------------------------------
INCIDENCE OF FINANCIAL STRESS
The Incidence of Financial Stress is the proportion of firms with scores
in this range that discontinued operations with loss to creditors.
Based on historical data in Dun & Bradstreet's files, the incidence of
financial stress over the past year:
INCIDENCE OF FINANCIAL STRESS: 6.98% (698 PER 10,000)
- Supplier Risk Score 9
INCIDENCE OF FINANCIAL STRESS: .65% (65 PER 10,000)
- National average
INCIDENCE OF FINANCIAL STRESS: .87% (87 PER 10,000)
- Manufacturing Industry Segment
-------------------------------------------------------------------------------
SUPPLIER RISK SCORE ANALYSIS
KEY FINANCIAL COMMENTARY:
- Accounts payable to sales ratio is in the lower quartile for this
industry.
- Quick ratio is in the lower quartile for this industry.
- Positive net worth is present for this firm indicating lower risk of
financial stress.
- Return on assets is between the median and upper quartiles for this
industry.
- Total liabilities to net worth ratio is between the median and upper
quartiles for this industry.
RISK COMMENTARY
- Suits, Liens, and/or Judgments are present - see PUBLIC FILINGS section.
- Sales for the Fiscal year ending DEC, 1997 are Up by 36.0%.
- Net worth for the Fiscal year ending DEC, 1997 is Up by 33.6%.
- Average Payments are 26 day(s) beyond terms.
- Average Industry Payments are 8 day(s) beyond terms.
- Firm's debts on 25 occasion(s) have been placed for collection as
reported to Dun & Bradstreet.
- Fire or other disaster reported - see SPECIAL EVENTS and HISTORY sections.
- Special events have been reported.
- UCC Filings present - See PUBLIC FILINGS section.
- Financing secured - See BANK/PUBLIC FILINGS sections.
- Operations reported profitable.
- Financial Appraisal Ranking is 3 based on a scale of 1 (Highest)
to 4 (Lowest) compared to the industry. The appraisal is a calculated
average based on the firm's quartile ranking.
- Statement prepared by Johnson, Jordan and Jones, CPA's.
- Under present management control 34 years.
-------------------------------------------------------------------------------
FINANCIAL PROFILE
(Based On A Fiscal Statement Dated Dec. 31, 1997.)
The Financial Appraisal Ranking of the Supplier = 3
(Calculated average based upon the supplier's quartile ranking in the
available ratios. 1 = highest through 4 = lowest)
PROFITABILITY SOLVENCY SHORT TERM EFFICIENCY DEBT UTILIZATION
------------- ------------------- ---------- ----------------
(Return on (Current (Quick (Assets/ (Total Liab/
Net Worth)% Ratio) Ratio) Sales)% Net Worth)%
This Supplier 20.6 1.3 0.6 47.3 194.4
Industry Median 16.0 1.5 1.2 51.0 194.1
Quartile Rank 2 3 4 2 3
(Supplier)
Key to Quartile Rank: 1 = top quartile through 4 = bottom quartile.
Industry norms based upon 31 establishments.
-------------------------------------------------------------------------------
OPERATION
04/06/99 Commercial printing specializing in advertising posters,
catalogs, circulars and coupons.
ADDITIONAL TELEPHONE NUMBER(S): Facsimile (Fax) 415 555-1000;
Toll-Free (800) 555-5555.
Has 175 account(s). Net 30 days. Sells to commercial concerns.
Territory : United States.
Nonseasonal.
EMPLOYEES: 105 which includes officer(s). 100 employed here.
FACILITIES: Rents 55,000 sq. ft. in a one story cinder block
building.
LOCATION: Central business section on well traveled street.
BRANCHES: Subject maintains a branch at 1073 Boyden Road, Los
Angeles, CA.
Standard Industrial Classification (SIC) Summary:
2752 00 00 Commercial printing, lithographic
-------------------------------------------------------------------------------
HISTORY
04/06/99
LESLIE SMITH, PRES KEVIN J HUNT, SEC-TREAS
DIRECTOR(S): THE OFFICER(S)
Incorporated California May 21 1965. Authorized capital consists
of 200 shares common stock, no par value.
Business started May 21 1965 by Leslie Smith and Kevin J Hunt.
100% of capital stock is owned by the officers.
LESLIE SMITH born 1926. Graduated from the University of
California, Los Angeles, CA, in June 1947 with a BS degree in Business
Management. 1947-65 general manager for Raymor Printing Co, San
Francisco, CA. 1965 formed subject with Kevin J Hunt.
KEVIN J HUNT born 1925. Graduated from Northwestern University,
Evanston, IL in June 1946. 1946-1965 was general manager for Raymor
Printing Co, San Francisco, CA. 1965 formed subject with Leslie
Smith.
AFFILIATE: The following is related through common principals,
management and/or ownership. Gorman Affiliate Ltd, San Francisco, CA,
started 1965. DUNS #80-480-0217. Operates as commercial printer.
Intercompany relations: None reported by managemen
-------------------------------------------------------------------------------
PUBLIC FILINGS
The following data is for information purposes only and is not the
official record. Certified copies can only be obtained from the
official source.
-------------------------------------------------------------------------------
* * * JUDGMENT(S) * * *
-------------------------------------------------------------------------------
DOCKET NO.: 94CV321
JDGMT AWARD: $5,003 STATUS: Unsatisfied
JDGMT TYPE: Default judgment DATE STATUS ATTAINED: 08/13/1996
AGAINST: GORMAN MANUFACTURING COMPANY, DATE ENTERED: 08/13/1996
INC LATEST INFO COLLECTED: 10/02/1996
IN FAVOR OF: JOHN SMITH
WHERE FILED: CONTRA COSTA COUNTY SUPERIOR
COURT/MARTINEZ, MARTINEZ, CA
-------------------------------------------------------------------------------
* * * SUIT(S) * * *
-------------------------------------------------------------------------------
DOCKET NO.: 96CV123
SUIT AMOUNT: $1,000 STATUS: Pending
PLAINTIFF: JOHN SMITH DATE STATUS ATTAINED: 08/13/1996
DEFENDANT: GORMAN MANUFACTURING COMPANY, DATE FILED: 08/13/1996
INC LATEST INFO COLLECTED: 10/02/1996
CAUSE: Civil Rights
WHERE FILED: CONTRA COSTA COUNTY SUPERIOR
COURT/MARTINEZ, MARTINEZ, CA
-------------------------------------------------------------------------------
DOCKET NO.: SC19951218
SUIT AMOUNT: $20,000 STATUS: Pending
PLAINTIFF: DUN & BRADSTREET, BETHLEHEM, PA DATE STATUS ATTAINED: 12/18/1995
DEFENDANT: GORMAN MANUFACTURING COMPANY, DATE FILED: 12/18/1995
INC LATEST INFO COLLECTED: 12/19/1995
CAUSE: Breach of contract
WHERE FILED: KERN COUNTY MUNICIPAL COURT /
WEST DISTRICT, BAKERSFIELD, CA
-------------------------------------------------------------------------------
* * * LIEN(S) * * *
-------------------------------------------------------------------------------
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.
-------------------------------------------------------------------------------
BOOK/PAGE: 23/506
AMOUNT: $230 Sales and use STATUS: Open
TYPE: State Tax DATE STATUS ATTAINED: 08/13/1996
FILED BY: STATE OF CALIFORNIA DATE FILED: 08/13/1996
AGAINST: GORMAN MANUFACTURING COMPANY, INC LATEST INFO COLLECTED: 10/02/1996
WHERE FILED: CONTRA COSTA COUNTY RECORDERS
OFFICE, MARTINEZ, CA
-------------------------------------------------------------------------------
BOOK/PAGE: 32/506
AMOUNT: $50,000 Corporate income tax STATUS: Open
TYPE: Federal Tax DATE STATUS ATTAINED: 08/13/1996
FILED BY: INTERNAL REVENUE SERVICE DATE FILED: 08/13/1996
AGAINST: GORMAN MANUFACTURING COMPANY, INC LATEST INFO COLLECTED: 10/02/1996
WHERE FILED: CONTRA COSTA COUNTY RECORDERS
OFFICE, MARTINEZ, CA
-------------------------------------------------------------------------------
There are 2 Open and/or closed UCC's in Dun & Bradstreet's file that Dun &
Bradstreet has matched to this supplier at this address. Details are available
by calling 1-800-DNB-DIAL.
The public record items contained in this report may have been paid, terminated
vacated or released prior to the date this report was printed.
-------------------------------------------------------------------------------
FEDERAL GOVERNMENT (As reported to Dun & Bradstreet by the Federal
Government and other sources.)
Congressional District: 08
Possible Candidate for Socio-Economic
Activity Summary: Program Consideration:
Borrower (Dir/Guar): - NO Labor Surplus Area: - N/A
Administrative Debt: - NO Small Business: - YES (1997)
Contractor: - NO Women-Owned: - N/A
Grantee: - NO 8(A) Firm: - N/A
Debarred, Suspended or Minority Owned: - N/A
Ineligible Contractor: - NO
-------------------------------------------------------------------------------
PAYMENT TRENDS
SUPPLIER VERSUS INDUSTRY PAYDEX
-------------------------------
PRIOR 4 QTRS CURRENT 12 MONTH TREND
'97 --- '98 --- '98 --- --- --- '99 --- --- --- --- --- --- ---
Supplier SEP DEC MAR JUN SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
PAYDEX 70 70 73 75 72 72 72 72 72 75 71 69 69 68 58 56
Industry (Based on 1,278 establishments in SIC 2752)
PAYDEX
UP QRT 80 80 79 80 80 79 79 79
MEDIAN 75 75 75 75 76 75 75 75
LO QRT 67 66 66 66 67 67 67 66
PAYDEX scores are updated daily and are based on up to 13 months of trade
experiences from the Dun & Bradstreet trade file.
PAYMENT SUMMARY KEY TO PAYDEX
--------------- -------------
Average High Credit: $44,812 PAYDEX PAYMENT
Highest Credit: $1,000,000 ------ -------
Placed for Collection: 25 100 ANTICIPATE
Cash Experience(s): 2 90 DISCOUNT
No. of Trade Experience(s): 110 80 PROMPT
70 SLOW TO 15
50 SLOW TO 30
40 SLOW TO 60
30 SLOW TO 90
20 SLOW TO 120
UN UNAVAILABLE
Accounts are sometimes placed for collection even though the existence or
amount of debt may be disputed.
-------------------------------------------------------------------------------
SUPPLIER EVALUATION COMPLETE