Cardinal Components Inc
CriticalauditElectronic Components · NAICS 334418
Location
Columbus, OH
Employees
19
Lead Contact
James Fitch
Founder / CEO
Forensic audit in progress. Significant payroll tax liability uncovered. Supply chain disruptions from Asia. High risk, high potential.
#electronics#data-center#distressed
Financial Snapshot
Annual Revenue
$1,450,000
Monthly Cashflow
-$8,200
Debt Service / mo
$12,400
DSCRN/A
SAM.gov
Not StartedForensic Audit
CONDITIONALTotal Debt
$1.8M
Secured
$1.2M
Equipment Value
$680K
Rec. Capital
$950K
IRS Tax Lien: $84,200 — resolve at close
Key Findings
→IRS payroll tax lien of $84,200 — must be resolved at close
→AR aging: 40% over 90 days — collection issue with 2 major customers
→Equipment appraised at $680K — strong collateral position
Debt & Capital Structure
Monthly Debt Service
$12,400
Monthly Cashflow
-$8,200
Equity Stake
Not Set
Capital Deployed
None
Debt Service Coverage RatioN/A
0x1.25x threshold2x+
Asset Coverage
Equipment$680K
AR Outstanding$187K
Inventory$220K
Total Assets$1.1M
Grants & Approvals
Applied: $50K
MEP National Network — Ohio Manufacturing Extension Partnershipeligible
NIST Manufacturing Extension Partnership
Rolling applications. Ideal for supply chain diversification consulting Cobalt plans to implement.
$50K
Fit: 79%
Deal Intelligence
Call / Meeting Notes
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