Company Snapshot
| NORTH
CAROLINA SOFTWARE SUPPORT, INC |
| 1900 S Main St
Ste 112 |
Wake Forest,
NC 27587
|
| Tel: 919
562-8795
|
www.ncsoftwaresupport.com
|
| D-U-N-S #:
12-908-6547
|
| D&B Rating:
DD3
|
|
Year incorporated |
2000 |
|
Year started |
2000 |
| Employees |
18 |
|
Financing |
SECURED |
|
Financial condition |
FAIR |
|
Financial
statement date |
Mar 31, 2007 |
| Net worth F |
$44,251 |
| Sales F |
$2,574,863 |
|
Chief Executive |
Jay
Yovanovich , President
|
|
S.I.C. |
7379 |
|
Industry |
|
Computer service |
This is a single location.
|
The Net
worth amount in this section may have been
adjusted by D&B to reflect typical
deductions, such as certain intangible
assets. |
|
|
Timeliness of historical payments
for this company |
PROMPT 
|
D&B PAYDEX®: 80
 |
|
Payment performance trend over
the past 90 days |
|
Likelihood this company will not pay
on time over the next 12 months |
LOW
|
Credit Score Class: 2
 |
|
Likelihood this company will
experience financial distress in the
next 12 months |
LOW
|
Financial Stress Class: 1
 |
|
Likelihood this supplier will
experience financial distress in the
next 12 months (can be used to
compare companies across
international borders) |
MODERATE 
|
Supplier Evaluation Risk Rating: 4
 |
|
 |
| D&B
offers guidance on credit limits for this
company based on its profile as well as
profiles of other companies similar in size,
industry, and credit usage
|
Get details |
|
|
| Evidence
of bankruptcy, fraud, or criminal
proceedings in the history of this business
or its management |
NO |
|
|
| Noteworthy special
events in this company's file |
NO |
|
|
| Total number of
suits, liens and judgments in this company's
file |
0 |
|
|
| Value of open suits,
liens and judgments for this company |
$0 |
|
|
Value of open
records refers only to 10 most recent filings for
each record type.
|
| |
|
Creditworthiness
|
|
Likelihood this company will
not pay on time over the
next 12 months
|
LOW |
|
|
|
Likelihood this company will experience financial distress
in the next 12 months
|
LOW |
|
|
|
Likelihood this supplier will
experience financial distress in
the next 12 months (can be used
to compare companies across
international borders)
|
MODERATE |
|
|
|
D&B
Rating: DD3
Financial strength: DD is
$35,000 to 49,999.
Composite credit appraisal:
3 is fair.
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. |
|
| |
|
Likelihood this company will not pay on time over the next 12 months
|
LOW |
|
Credit Score Class: 2 |
|
|
The
Credit Score class of 2 for
this company shows that 4.6%
of firms with this
classification paid one or
more bills severely
delinquent, which is lower
than the average of
businesses in D&B's
database.
|
Credit score percentile: 89 (high risk: 1%; low risk: 100%)
|
|
|
|
Commercial Credit Score
Norms |
|
Norms for companies in the
same: |
National Percentile |
|
Region: (SOUTH ATLANTIC) |
51 |
|
Industry: (BUSINESS, LEGAL
AND ENGINEERING SERVICES) |
49 |
|
Employee Range: (10-19) |
66 |
|
Years in Business Range:
(6-10) |
54 |
|
This Business: |
89 |
The
subject company has a
Commercial Credit Score
Percentile that shows:
- Lower risk than other
companies in the same
region.
- Lower risk
than other companies in the
same industry.
- Lower
risk than other companies in
the same employee size
range.
- Lower risk than
other companies with a
comparable number of years
in business.
|
|
|
Key
Factors
- - 7 trade
experiences exist
for this company.
- - Payment
information in the
D&B files indicates
no slow payment(s)
nor negative
comment(s).
- - No record of open
suit(s), lien(s), or
judgment(s) in the
D&B files.
- - D&B files
indicate a net worth
of $44,251.
|
|
|
| |
|
Likelihood this company will experience financial distress in the next 12 months
|
LOW |
|
Financial Stress Class: 1 |
|
|
During
the prior year, firms in
this Financial Stress Class
had a failure rate of 1.2%,
which is 0.46 times lower
than the national average.
Financial stress national
percentile: 63 (high risk:
1%; low risk: 100%)
|
|
|
|
Financial Stress Score Norms |
|
Norms for companies in the
same: |
National Percentile |
|
Region: (SOUTH ATLANTIC) |
52 |
|
Industry: (BUSINESS, LEGAL
AND ENGINEERING SERVICES) |
52 |
|
Employee Range: (10-19) |
63 |
|
Years in Business Range:
(6-10) |
37 |
|
This Business: |
63 |
This subject company has a
Financial Stress Score
Percentile that shows:
- Lower risk than other
companies in the same
region.
- Lower risk
than other companies in the
same industry.
- Similar
risk compared to other
companies in the same
employee size range.
-
Lower risk than other
companies with a comparable
number of years in business.
|
|
|
Key
Factors
- - 7 trade
experiences exist
for this company.
- - Financial Stress
Score: 1401 (high
risk: 1,001;low
risk: 1,875)
- - Payment
information in the
D&B files indicates
no slow payment(s)
nor negative
comment(s).
- - No record of open
suit(s), lien(s), or
judgment(s) in the
D&B files.
- - D&B files
indicate a net worth
of $44,251.
- - Control age or
date entered in D&B
files indicates
higher risk.
- - Current
Liabilities to Net
Worth Ratio suggests
higher risk of
financial stress.
- - Return on Assets
Ratio suggests lower
risk of financial
stress.
- - Current Ratio
suggests higher risk
of financial stress.
|
|
|
| |
Likelihood this supplier will
experience financial distress in
the next 12 months (can be used
to compare companies across
international borders)
|
MODERATE |
|
Supplier Evaluation Risk Rating: 4 |
|
|
|
|
Key
Factors
- - Average Payments
are on terms.
- - Average Industry
Payments are 2
day(s) beyond terms.
- - UCC Filings
present - See PUBLIC
FILINGS section.
- - Financing secured
- See BANK/PUBLIC
FILINGS sections.
- - Operations
reported profitable.
- - Financial
Appraisal Ranking is
2 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.
- - Under present
management control 7
years.
|
|
|
| |
Commercial
Credit Summary
- - The Incidence of
Delinquent Payment
is the percentage of
companies with this
classification that
were reported 90
days past due or
more by creditors.
The calculation of
this value is based
on an inquiry
weighted sample.
- - The Percentile
ranks this firm
relative to other
businesses. For
example, a firm in
the 80th percentile
has a lower risk of
paying in a severely
delinquent manner
than 79% of all
scorable companies
in D&B's files.
|
Supplier
Evaluation Risk Summary
- - The Supplier
Evaluation Risk
Rating Class
indicates that this
firm shares some of
the same business
and financial
characteristics of
other companies with
this classification.
It does not mean the
firm will
necessarily
experience supplier
failure.
|
Financial
Stress Summary
- - The Financial
Stress Class
indicates that this
firm shares some of
the same business
and financial
characteristics of
other companies with
this classification.
It does not mean the
firm will
necessarily
experience financial
stress.
- - The Incidence of
Financial Stress
shows the percentage
of firms in a given
Class that
discontinued
operations over the
past year with loss
to creditors. The
Incidence of
Financial Stress -
National Average
represents the
national failure
rate and is provided
for comparative
purposes.
- - The Financial
Stress National
Percentile reflects
the relative ranking
of a company among
all scorable
companies in D&B's
file.
- - The Financial
Stress Score offers
a more precise
measure of the level
of risk than the
Class and
Percentile. It is
especially helpful
to customers using a
scorecard approach
to determining
overall business
performance.
- - All Financial
Stress Class,
Percentile, Score
and Incidence
statistics are based
on 2004.
|
|
| |
|
|
|
Payment
History
|
|
Average payment performance trend
when weighted by dollar amount
|
UNCHANGED  |
|
Company's
payment
performance
over the
past 12
months
compared
with its
peers
|
MIXED |
|
|
| |
| Payment
experiences on file
with D&B: |
7 |
| Payments made
within terms: |
7
(100%)
|
| Amount placed
for collections: |
0
(0%)
|
|
|
| Average highest
credit: |
$580
|
| Largest high
credit: |
$2,500
|
| Highest now
owing: |
$50
|
| Highest past
due: |
$0
|
|
|
| |
Average payment performance
trend when weighted by dollar amount
| Last 3
months: Trend is
unchanged
|
 |
|
|
Last 12
months: Generally within
terms
Industry benchmark:
Prompt
|
D&B PAYDEX®
:
80
|
Based on
payments collected over last 12
months.
Indications of
slowness can be the result of
dispute over merchandise, skipped
invoices, etc. Accounts are
sometimes placed for collection even
though the existence or amount of
the debt is disputed.
|
| |
Company's payment
performance over the past
12 months compared with its
peers
This
company's 12-month high:
80, or equal to generally
within terms
This
company's 12-month low:
71, or equal to 14 days
beyond terms
|
MIXED |
|
 |
 |
| |
 |
|
|
|
|
|
|
|
|
|
|
|
|
12/06 |
01/07 |
02/07 |
03/07 |
04/07 |
05/07 |
06/07 |
07/07 |
08/07 |
09/07 |
10/07 |
11/07 |
|
This
Company
|
Industry
Benchmark
|
Shows PAYDEX
scores of this Business compared
to the Primary Industry from
each of the last four quarters.
The Primary Industry is Computer
service, based on SIC code 7379.
|
Payment
experiences reflect how bills
are met in relation to the terms
granted. In some instances
payment beyond terms can be the
result of dispute over
merchandise, skipped invoices,
etc.
Each experience
shown is from a separate
supplier. Updated trade
experiences replace those
previously reported.
|
| |
|
| Company's
dollar-weighted payments listed by
the primary industries of its
suppliers |
|
| |
|
There are 7 payment
experiences in D&B's file
for the most recent 12
months, with 2 experiences
reported during the last
three month period.
|
| |
|
|
| The following data includes both open
and closed filings found in D&B's database
on the subject company. |
|
| Suits |
0 |
0 |
0 |
- |
| Liens |
0 |
0 |
0 |
- |
| Judgments |
0 |
0 |
0 |
- |
|
UCC Filings |
N/A |
1 |
06/26/2003 |
|
Bankruptcy Proceedings |
0 |
N/A |
0 |
- |
|
|
Number and value of open records refers
only to 10 most recent filings for each
record type. |
|
| |
| All Inventory
and proceeds - All Account(s) and proceeds -
All General intangibles(s) and proceeds -
All Chattel paper and proceeds - All
Equipment and proceeds
|
Original
|
WACHOVIA BANK,
N.A, WINSTON-SALEM, NC |
NORTH CAROLINA
SOFTWARE SUPPORT, INC. |
06/26/2003 |
|
Filing number: 20030065150C |
| Filed
with: SECRETARY OF STATE/UCC
DIVISION, RALEIGH, NC |
|
Latest info Received: 07/08/2003
|
|
|
|
The
public record items contained in this report
may have been paid, terminated, vacated or
released prior to the date this report was
printed.
Any
public filings displayed in red are open.
|
|
| |
|
Borrower (Dir/Guar) |
No
|
|
Administrative Debt |
No
|
| Contractor |
No
|
| Grantee |
No
|
|
Party Excluded from Federal
Program(s) |
No
|
|
|
|
Labor Surplus Area |
N/A
|
|
Small Business |
Yes (2007)
|
|
8(A) Firm |
N/A
|
|
|
|
The
details provided in the Government Activity
section are as reported to D&B by the
federal government and other sources.
|
|
| |
|
|
|
History |
Detailed information on the
history of a company, including
background information on the
management team and key principals,
and information on related
companies.
|
|
|
|
Registration & Incorporation |
Detailed registration and
incorporation information, including
the date and state of incorporation
and the type of corporation formed.
|
|
|
| Company
Operations |
Detailed information on a
company's operations, including the
identity of the parent company, the
geographic scope of the business,
and the key holdings.
|
|
|
| Industry
Classification |
Details on the specific industry
within which a company is
classified.
|
|
|
| |
|
|
|
Officer(s):
JAY YOVANOVICH,
PRESIDENT
|
|
JULIE YOVANOVICH,
SECRETARY |
|
Director(s):
THE OFFICER(S)
|
|
|
Business started
2000. 100% of capital stock is owned
by officers.
|
JAY YOVANOVICH.
Work history unknown.
|
JULIE YOVANOVICH.
Work history unknown.
|
|
| |
|
|
|
|
Registered Name:
|
North carolina
software support inc. |
| Business Type:
|
Corporation |
| Corporation
Type:
|
Profit |
| Date
incorporated:
|
July 26, 2000 |
|
State of incorporation:
|
North carolina |
| Duration :
|
Perpetual |
| Status:
|
Active |
|
| Filing Date:
|
July 26, 2000 |
| Registration ID:
|
0558506 -BUS |
|
Common stock:
|
Authorized shares:2500 Par
value: NO PAR VALUE
|
|
Where filed:
|
SECRETARY OF
STATE/CORPORATIONS DIVISION,
RALEIGH, NC |
|
Registered Agent:
|
YOVANOVICH, JAY D., 2411
GARDEN HILL DR;UNIT 104,
RALEIGH, NC, 276140000 |
|
|
|
|
|
|
|
Description: |
Engaged in software design
primarily for the financial
industry (100%). |
| |
|
|
Has 4 account(s). Terms are net
30 days. Sells to commercial
concerns and government.
Territory : International. |
| |
|
Employees: |
18 which includes officer(s). |
| |
|
Facilities: |
Owns
1,800 sq. ft. in a building. |
| |
|
|
|
|
73790200
|
Computer related consulting services |
541512 |
Computer
Systems Design Services |
|
|
| Statement date: |
Mar 31 2007 |
|
Industry Norms based on 11
establishments
|
|
Profitability |
|
|
|
|
Return on Sales
|
3.5 |
0.2 |
2 |
|
Return on Net Worth
|
203.8 |
( 2.5) |
1 |
|
Short-Trem Solvency |
|
|
|
|
Current Ratio
|
0.9 |
1.1 |
3 |
| Quick
Ratio
|
0.8 |
0.7 |
2 |
|
Efficiency |
|
|
|
|
Assets Sales
|
9.3 |
21.9 |
1 |
| Sales
/ Net Working Capital
|
(126.8) |
60.9 |
4 |
|
Utilization |
|
|
|
| Total
Liabilities / Net Worth
|
442.5 |
157.6 |
4 |
|
| |
| One-year statement
comparative: |
| |
| Current Assets |
152,412 |
| Current Liabs |
172,720 |
| Current Ratio |
0.88 |
| Working Capital |
(20,308) |
| Other Assets |
87,650 |
| Net Worth |
44,251 |
| Sales |
2,574,863 |
| Long Term Liab |
23,091 |
| Net Profit (Loss) |
90,172 |
| Fiscal
statement dated MAR 31 2007: |
| Cash |
146,661 |
| Other
curr assets |
5,751 |
|
Current Assets |
$152,412 |
| Fixt &
equip |
61,492 |
| Other
assets |
26,158 |
|
Total Assets |
$240,062 |
|
| Accts
pay |
(400) |
| L.t.
liab-(1yr) |
18,008 |
| Other
curr liabs |
155,112 |
|
Current Liabilities |
$172,720 |
| L.t.
liab-other |
23,091 |
| Equity |
44,251 |
|
Total Liabilities |
$240,062 |
|
| |
| From APR 01 2006 to MAR 31
2007 annual sales $2,574,863; cost of goods
sold $2,063,746. Gross profit $511,117;
operating expenses $429,486. Operating
income $81,631; other income $8,541. Net
income $90,172.
|
| |
| Submitted APR 18 2007 by Jay
Yovanovich, president. Prepared from books
without audit. |
| |
| The name and address of this
business have been confirmed by D&B using
available sources. |
| |
| |
|
|
