MIRA
INFORM REPORT
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Report Date : |
13th
June, 2006. |
IDENTIFICATION
DETAILS
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Name : |
CRANES
2000 INC. |
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Registered Office : |
800
West Sam Houston Pkwy South. |
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Country : |
United
States |
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Date of Incorporation : |
12/16/1994 |
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Com. Reg. No.: |
0133768300 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Cranes
2000, is an importer/exporter of construction equipment. The Subject provides
new, used and rebuilt equipment worldwide |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually
Correct |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE SUMMARY
Company Name :Overseas Heavy Equipment
Company, Inc
Trade Name(s) :Cranes 2000 Inc.
Address :800 WEST SAM HOUSTON PKWY SOUTH.
City :HOUSTON
State/Province : TEXAS As of:
Zip Code :77042 Sales / Revenue:
Country :UNITED STATES Net Income:
Telephone : 713-784-7900 Total Equity:
Facsimile :281 494-1742 Number of Employees: 5
Legal Form :Corporation - Private
Website :No website available
@rating Opinion:
Business
Activity :Cranes 2000, is an
importer/exporter of construction equipment.The Subject provides new, used and rebuilt
equipment worldwide.
NOTE TO CLIENT
NOTE:
REGARDING REQUEST FOR A REPORT ON CRANES 2000 INC. PLEASE BE
ADVISED
THAT THIS NAME IS A DBA FOR OVERSEAS HEAVY EQUIPMENT COMPANY,
INC.
FOR WHICH A REPORT FOLLOWS.
Mr.
Arshad Ali Bhatti, President was out of the country. We spoke with
Kim
Villegas, Tresurer, who declinded to provide any general or
financial
information.
LEGAL
Legal Form :
Corporation - Private
Since (D/M/Y): 16/12/1994
State/Province of Incorporation : TX
Status :
ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual
financial report.
Name :
OVERSEAS HEAVY EQUIPMENT COMPANY, INC.
Address :
PO BOX 42382
HOUSTON, TX 77242
FILING INFORMATION
Identification Number : 0133768300
Filing Date :
12/16/1994
State of Incorporation : TEXAS
Date Incorporated : 12/16/1994
Duration :
PERPETUAL
Status :
IN EXISTENCE
Corporation Type : PROFIT
Business Type :
DOMESTIC CORPORATION
Address Type :
MAILING
REGISTERED AGENT INFORMATION
Name : PRENTICE HALL CORPORATION SYSTEM
Address :
800 BRAZOS
AUSTIN, TX
The Company has a registered DBA:
D/B/A :
CRANES 2000
Filing Date :
12/17/1999
Filing Number :
0265975
Owner(s) :
OVERSEAS HEAVY EQUIPMENT COMPANY, INC.
P.O.BOX :
42382
HOUSTON, TX 77242
Managers/Key Personnel
Mr. Arshad Ali Bhatti President
Ms. Kim Villegas Treasurer
AFFILIATED ENTITIES
Overseas
Heavy Equipment Company, Inc, has sister companies in the following countries:
United Kingdom, Dubai, Saudi Arabia, Pakistan, Korea, Hong Singapore and
Japan. The legal names and addresses
for these companies could not be obtained at this time.
BANKS
Telephone:
Facsimile:
Account
Number:
Account
Manager:
The
name of the primary bank could not be obtained either directly fro management
or from outside sources.
PAYMENT HISTORY
The
Company is not a seeker of local trade credit, as a significant payment record
could not be developed. Supplier references could not be obtained.
FINANCIAL INFORMATION
Management
declined to provide any financial details. Outside sources failed to add any
insight into the condition of the Firm.
CURRENT OPERATIONS
NAICS Code :
53241 Construction, Transportation,
Mining and Forestry
Number of Employees :5
Business
Activity:
Cranes
2000, is an importer/exporter of construction equipment. The Subject provides new, used and rebuilt
equipment worldwide. The Subject offers compactions equipment, cranes, dozers,
motor graders, and wheel loaders. The
Subject also provides services in financing and leasing, sales and
transportation/hauling. The company
also specializes in used contruction and spare parts, oil field riggs,
environmental equipment, power plants, new and used tires, textile machinery,
medical equipment, along with others.
The
above address was confirmed to be the headquarters consisting of office space
and warehouse facilities.
PUBLIC RECORD
A
search of public in the State of Texas revealed no Uniform Commercial Codes,
legal actions or bankruptcy petitions.
GENERAL COMMENTS
Overseas
Heavy Equipment Company Inc. DBA: Cranes 2000 Inc. is engaged in the import,
exporting and trading of heavy construstion machinery. The Firm is not a seeker of local trade
credit as a significant payment record could not be developed. The operating
history is clear and no derogatory information was reported or noted. The
Company is considered responsible for normal business transactions.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No
caution needed for credit transaction. It has above average (strong)
capability for payment of interest and principal sums |
Large |
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56-70 |
A |
Financial & operational base are
regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of
interest and principal sums in default or expected to be in default upon
maturity |
Limited with full security |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |