MIRA INFORM REPORT
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Report Date : |
6th May 2006 |
IDENTIFICATION DETAILS
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Name : |
CHEMCENTRAL
INTERNATIONAL SERVICES CORPORATION |
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Registered Office : |
2500 Northwest 29th Manor Pompano Beach, Florida 3306 United States |
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Date of Incorporation : |
27/12/2005 |
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Legal Form : |
Corporation
- Private |
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Line of Business : |
Engaged
as a distributor of industrial chemicals to the South American marketplace. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
RATING
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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 : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: CHEMCENTRAL
INTERNATIONAL
SERVICES CORPORATION
Address: 2500
NORTHWEST 29TH MANOR
City: POMPANO
BEACH
State/Province: FLORIDA
Zip Code: 3306
Country: UNITED
STATES
Telephone: 954
971-8600
Facsimile: 954
960-2252
Legal Form: Corporation
- Private
Website: www.chemcentral.com
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees: 10
Business Activity:
The subject firm is engaged
as a distributor of industrial chemicals to the South American marketplace.
NOTE TO CLIENT
Maria, a spokesperson for the
manager, Robin Karpel, confirmed general information.
Overall, there are
approximately 1,000 employees for the group.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 27/12/2005
State/Province of
Incorporation: IL
Status: ACTIVE
Previous Legal Form:
Company is NOT required to
publish an annual financial report.
Entity Name: CHEMCENTRAL
INTERNATIONAL SERVICES CORPORATION
File Number: 64579495
Status: GOODSTANDING
Entity: Type CORPORATION
Type of Corp: DOMESTIC BCA
Incorporation Date:
(Domestic) 12/27/2005
State: ILLINOIS
Agent Name: ILLINOIS
CORPORATION SERVICE
801 ADLAI STEVENSON DRIVE
SPRINGFIELD
======================================================
Foreign Profit
CHEMCENTRAL INTERNATIONAL
SERVICES CORPORATION
PRINCIPAL ADDRESS
7050 W. 71ST STREET
BEDFORD PARK IL 60638
MAILING ADDRESS
7050 W. 71ST STREET
BEDFORD PARK IL 60638
Document Number: F06000000456
FEI Number: 204001500
Date Filed: 01/24/2006
State: IL
Status: ACTIVE
Registered Agent:
CORPORATION SERVICE COMPANY
1201 HAYS STREET
TALLAHASSEE FL 32301-2525
Managers/Key Personnel
Mr. Humberto Gutierrez President
AFFILIATED ENTITIES
Chemcentral Corporation
Chemcentral Australia Pty.,
Ltd.
Parent Companies
Parent Company: Chemcentral Corp
IL
UNITED STATES
The parent company,
CHEMCENTRAL, is a privately held distributor of industrial chemicals with
annual sales of more than $1.1 billion.
BANKS
Unavailable
FL
Telephone:
Facsimile:
Account Number:
Account Manager:
Unavailable from management,
nor through outside sources consulted.
PAYMENT HISTORY
BUSINESS DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY REPTD SALE TERMS $
$ % 30
60 90 91+ COMMENTS
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
ADVERTISNG 06-04 00-00 NET 30 0
0 0 0
0 0 0 CUST 2 YR
AIR TRANS 05-12 00-00 NET 30
3900 2400 99
0 0 1 0 CUST 12 YR
CHEMICALS 06-01 05-12 SPECIAL 20200
1600 100 0 0
0 0
CHEMICALS 06-04 00-00 NET 30
100 0 0 0 0
0 0
CONST MACH 06-03 00-00 NET 30 500
0 0 0
0 0 0 CUST 6 YR
FACTOR 06-03 06-02 NET 30
1000 1000 100 0
0 0 0 CUST 1 YR
FINCL SVCS 06-04 06-04 NET 30 1900
800 100 0 0
0 0
FREIGHT 06-04 05-05 VARIED 3400
0 0 0
0 0 0
MANUFCTRNG 06-04 06-03 VARIED 20800
6500 84 0
16 0 0
OFFC SUPPL 06-03 06-03 CREDIT 7500
0 0 0
0 0 0
PACKAGING 06-04 00-00 NET 30
100 0 0
0 0 0 0 CUST
3 YR
PAINTS 06-04 06-03 VARIED
3500 0 0
0 0 0 0
RUBR& PLAST 06-03 06-03 VARIED 36600
20800 100 0 0
0 0 CUST 10 YR
TRANSPORTN 06-04 00-00 VARIED 0
0 0 0
0 0 0 CUST 6 YR
TRANSPORTN 06-04 00-00 NET 30 100
0 0 0
0 0 0 CUST < 1 Y
TRUCK DLR 06-03 00-00 CONTRCT 47000
28600 75 25 0 0
0
AIR TRANS 05-09 05-09
100 0 0
0 0 0 0
AIR TRANS 03-06 00-00 NET 7 0 0 0 0 0
0 0
CELLUL/PAG 03-05 03-02 NET 30 1500
1500 3 97
0 0 0 CUST 3 YR
COMPUTERS 05-04 04-07
500 0 0
0 0 0 0
CONTAINERS 04-03 03-06 NET 30 200
0 0 0
0 0 0
FRGHT FWRD 05-04 00-00 NET 15 1300
1300 0 100 0
0 0
FRGHT FWRD 05-03 05-02 NET 15 300
200 100 0 0
0 0 SATSFTRY
GROCERY 05-01 00-00 DISCNT
0 0 0
0 0 0 0 SATSFTRY
LEASING 04-10 04-09 VARIED
3500 3500 0
100 0 0 0
LEASING 06-03 00-00 CONTRCT 1100
0 0 0
0 0 0
OFFC EQUIP 03-04 03-02 NET 30 0
0 0 0
0 0 0 CUST 15 YR
TRANSPORTN 04-11 00-00 VARIED 100
0 0 0
0 0 0
CURRENT QUARTER 146600 61700
86 12 2 0 0
Payment Trends
INDUSTRY BUSINESS
BALANCE CUR 1- 31- 61-
DATE CUR DBT DBT $ % 30
60 90 91+
-------- --- --- --- -------- --- --- --- --- ---
20060400 0 7
2 68000 85
15 0 0 0
20060300 0 7 8 76800 44 56
0 0 0
20060200 0 7 8 79600 50 50
0 0 0
20060100 0 6 7 72700 53 47
0 0 0
20051200 0 7 2 53300 89 11
0 0 0
20051100 0 6 1 77100 93 7
0 0 0
Payment History - Quarterly Averages
BALANCE CUR 1- 31- 61-
QUARTER
YEAR DBT $ % 30 60
90 91+
-------- ------ --- -------- --- --- --- --- ---
First
2006 5 60000 64 36 0
0 0
Fourth
2005 3 65600 77 23 0
0 0
Third
2005 6 61400 60 40
0 0 0
Second
2005 5 40100 67 33 0
0 0
First
2005 2 25900 86 14 0
0 0
FINANCIAL INFORMATION
Financial statements are not
published by this subsidiary firm as they are consolidated into those of the
parent company.
CURRENT OPERATIONS
NAICS Code: 4226
Chemical and Allied Products Wholesalers
Number of Employees:10
Business Activity:
The subject firm is engaged
as a distributor of industrial chemicals to the South American marketplace.
The parent company,
CHEMCENTRAL, is a privately held distributor of industrial chemicals with
annual sales of more than $1.1 billion. It targeted markets include paint,
coatings and inks; adhesives, caulks and sealants; household, industrial, and
institutional cleaning; personal care and cosmetics; rubber and plastic
compounding; and lubricants and metal working. Operations date from
1926.
The subject operatess from
the heading address and there are no other locations.
PUBLIC RECORD
A search of public shows no
derogatory data filined against the Subject firm. There are no bankruptcy
filings traced.
GENERAL COMMENTS
The subject is a subsidiary
firm, engaged in wholesaling chemicals to clients in the South American markets.
The parent company wholesales chemical worldwide and reports annual sales in
excess of USD$1.1 billion. Payments to suppliers are generally prompt on credit
extended.
RATING EXPLANATIONS
RATING
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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 |