MIRA INFORM REPORT

 

 

Report Date :

2nd November 2006

 

IDENTIFICATION DETAILS

 

Name :

UNIVERSAL PRODUCTS, INC.

 

 

Registered Office :

521 Industrial Street

P.O. Box 332, Goddard                    

Kansas, 67052                       

United States

 

 

Country :

United States

 

 

Date of Incorporation :

1977

 

 

Legal Form :

Corporation - Private

 

 

Line of Business :

Specializes in vinyl conversions.

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


 

IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name:            UNIVERSAL PRODUCTS, INC.

Address:                       521 INDUSTRIAL STREET

P.O. BOX 332

City:                             GODDARD                     

State/Province:              KANSAS                               

Zip Code:                      67052                       

Country:                                    UNITED STATES               

Telephone:                    316-794-8601                

Facsimile:                     316-794-2810                

Legal Form:                   Corporation - Private

Website:                       www.u-p.com

@rating Opinion:

Founded (D/M/Y):              /  /1977

As of:

Sales / Revenue:

Net Income:

Total Equity:

Number of Employees:  300

 

Business Activity:

The Company specializes in vinyl conversions.

 

 

 

NOTE TO CLIENT

 

Contacted Person: Ms. Arla Dingman, Controller.

 

We spoke with Ms. Arla Dingman, who declined to provide any information about the Company, thus information in this report could not be confirmed.

 

 

 

LEGAL

 

Legal Form: Corporation - Private                    

Since (D/M/Y):  07/11/1978

State/Province of Incorporation:  KS

Status: ACTIVE

Previous Legal Form:

Company is NOT required to publish an annual financial report.

UNIVERSAL PRODUCTS, INC.

521 INDUSTRIAL ST

GODDARD, KS 67052

 

Close Corp [N]

Tax Year End [12]

Date of Incorporation [11/07/1978]

Last Correct Annual Report [12/2005]

Next Annual Report Due Date [04/15/2007]

Extension [00/00/0000]

Forfeiture [07/15/2007]

Expiration [12/31/9999]

State/Country Formation [KS]

 

Resident Agent

AL BOST

521 INDUSTRIAL ST

GODDARD, KS 67052-0000

County: SG

Business Entity Type

DOM: FOR PROFIT CORPORATION

 

Business Entity Status

CORPORATION IS ACTIVE AND IN GOOD STANDING

 

 

 

Managers/Key Personnel

 

Mr. Jerry Kuehnel                      President

Ms. Arla Dingman                       Controller

 

 

 

AFFILIATED ENTITIES

 

As far as we can determine there are not Affiliates or Subsidiaries.

 

 

 

BANKS

 

Telephone:

Facsimile:

Account Number:

Account Manager:

The Company declined to provide banking information.

 

 

PAYMENT HISTORY

 

BUSINESS   DATE  LAST  PAYMENT CREDIT   BALANCE  CUR 1-  31- 61-

CATEGORY   REPTD SALE  TERMS      $        $      %  30  60  90  91+ COMMENTS

---------- ----- ----- ------- -------- -------- --- --- --- --- --- --------

AIR TRANS  06-09 00-00 0000000 14700    5300     62  37  1   0   0   CUST  4 YR

BLDG MATRL 06-09 06-09 CREDIT  21600    0        0   0   0   0   0

 

BUS SERVCS 06-10 00-00 VARIED  900      300      100 0   0   0   0

COMPUTERS  06-09 01-05 CREDIT  25000    0        0   0   0   0   0

COMPUTERS  06-06 06-05 0000000 8200     600      0   32  68  0   0

CONSTRUCTN 06-10 05-04 NET 30  600      0        0   0   0   0   0

CONST MACH 06-08 03-08 N10PROX 0        0        0   0   0   0   0

FREIGHT    06-09 06-06 VARIED  10500    0        0   0   0   0   0

FRGHT FWRD 06-10 04-03 NET 30  0        0        0   0   0   0   0

INDUS SUPL 06-06 05-12 NET 30  1600     100      100 0   0   0   0   CUST 23 YR

MACH DISTR 06-07 06-07 1/10N30 100      0        0   0   0   0   0

MACH DISTR 06-08 06-05 N10PROX 4400     300      2   2   2   2   92

PACKAGING  06-10 00-00 NET 30  8700     3800     52  48  0   0   0   CUST  9 YR

TEMP HELP  06-10 00-00 NET 10  3700     900      50  50  0   0   0   CUST 14 YR

TRUCK DLR  06-09 00-00 CONTRCT 2400     0        0   0   0   0   0

AIR TRANS  05-12 00-00 NET 30  1300     1300     20  0   80  0   0   COLLECTION

AUTO EQUIP 05-04 05-03 CREDIT  100      0        0   0   0   0   0   CUST  7 YR

BUS SERVCS 04-11 04-10 NET 30  0        0        0   0   0   0   0

COMPUTERS  04-02 00-00 NET 30  0        0        0   0   0   0   0

CRED CARD  06-10 00-00 REVOLVE 0        0        0   0   0   0   0   ACCTCLOSED

CRED CARD  06-10 00-00 REVOLVE 0        0        0   0   0   0   0   CUST  9 YR

ELEC MFG   04-03 03-12 NET 30  8600     3000     100 0   0   0   0

ELEC SUPLR 04-08 02-07 2/10N30 0        0        0   0   0   0   0

FRGHT FWRD 06-01 00-00 NET 30  1000     100      0   100 0   0   0

GENERAL    05-02 98-03 NET 30  0        0        0   0   0   0   0   CUST 20 YR

LEASING    06-09 00-00 CONTRCT 3400     0        0   0   0   0   0

OFFC EQUIP 04-10 04-08 N30     2252700  1497000  0   0   100 0   0   CUST  6 YR

PAPER PROD 04-05 04-05 SPECIAL 144800   76300    100 0   0   0   0

PETROLEUM  05-12 05-10 N10PRXO 2300     800      100 0   0   0   0

SAFTY PROD 05-06 00-00 NET 30  0        0        0   0   0   0   0   CUST  3 YR

TRANSPORTN 04-11 00-00 VARIED  100      0        0   0   0   0   0

WHLSE TRAD 04-04 00-00 VARIED  100      100      100 0   0   0   0

CURRENT QUARTER                98700    10400    55  38  4   0   3

 

Payment Trends

     INDUSTRY     BUSINESS        BALANCE  CUR 1-  31- 61-

DATE      CUR    DBT       DBT             $      %  30  60  90  91+

--------  ---    ---       ---          -------- --- --- --- --- ---

20061000  0      8         4            13100    83  15  0   0   2

20060900  0      8         4            19300    90  6   2   0   2

20060800  0      9         9            29300    60  30  9   1   0

20060700  0      8         9            14200    73  16  5   6   0

20060600  0      8         3            16800    82  18  0   0   0

20060500  0      8         3            15200    81  17  2   0   0

 

Payment History - Quarterly Averages

       BALANCE  CUR 1-  31- 61-

QUARTER  YEAR              DBT             $      %  30  60  90  91+

-------- ------            ---          -------- --- --- --- --- ---

Third    2006              8            19200    71  21  6   1   1

Second   2006              5            14200    77  19  2   2   0

First    2006              3            9900     83  17  0   0   0

Fourth   2005              6            9300     61  38  1   0   0

Third    2005              5            3700     72  25  3   0   0

 

 

FINANCIAL INFORMATION

 

Management declined to provide Financials.

 

 

 

HISTORY

 

The Company has been in business since 1977.

 

 

 

CURRENT OPERATIONS

 

NAICS Code:   339       Miscellaneous Manufacturing

 

Number of Employees: 300

 

Business Activity:

The Company specializes in vinyl conversions.

The Subject provides stripping, graphics, labels and other related services. Products are used in cars and trucks.

 

The Subject has no other branches.

 

Facility size: 150,000 square feet.

 

The Subject has 4 divisions: Custom Graphics, Roll Labels, Shipping Graphics Digital Graphics.

 

 

 

PUBLIC RECORD

 

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS, INC.

521 INDUSTRIAL STREET

GODDARD, KS 67052

 

Secured Parties: INX INTERNATIONAL INK CO.

Filing Date: 7/5/2005

Filing Number: 93657139

Filing Type: INITIAL FILING

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS INC

521 INDUSTRIAL STREET

GODDARD, KS 66052

UNIVERSAL PRODUCTS INC

521 INDUSTRIAL STREET

GODDARD, KS 66052

Secured Parties: INTRUST BANK N A UMB BANK, N.A.

Filing Date: 2/18/2005

Filing Number: 93289049

Filing Type: CONTINUATION

Original Filing Number: 3334059

 

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS, INC

521 INDUSTRIAL ST

GODDARD, KS 67052

UNIVERSAL PRODUCTS, INC

521 INDUSTRIAL ST

GODDARD, KS 67052

Secured Parties: CITY OF GODDARD MULTIPLE SECURED PARTIES UMB BANK, N.A.

Filing Date: 2/18/2005

Filing Number: 93289031

Filing Type: CONTINUATION

Original Filing Number: 2137662

 

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS, INC.

521 INDUSTRIAL STREET

GODDARD, KS 67052

Secured Parties: CITY OF GODDARD, KANSAS, A MUNICIPAL CORP AND INTRUST BANK,

N.A.

Filing Date: 4/13/2000

Filing Number: 3504651

Filing Type: CONTINUATION

Original Filing Number: 2137662

 

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS INC

521 INDUSTRIAL ST

GODDARD, KS 67052

Secured Parties: INTRUST BANK N A

Filing Date: 2/13/2001

Filing Number: 4436333

Filing Type: CONTINUATION

Original Filing Number: 2222220

 

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS INC

521 INDUSTRIAL ST

GODDARD, KS 67052

Secured Parties: INTRUST BK

Filing Date: 3/14/2003

Filing Number: 91568453

Filing Type: CONTINUATION

Original Filing Number: 2438054

 

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS INC

521 INDUSTRIAL ST

GODDARD, KS 67052

UNIVERSAL PRODUCTS INC

521 INDUSTRIAL ST

GODDARD, KS 67052

Secured Parties: INTRUST BANK N A UMB BANK, N.A. UMB BANK, N.A. UMB BANK, N.A.

UMB BANK, N.A.

Filing Date: 12/22/2005

Filing Number: 94079209

Filing Type: CONTINUATION

Original Filing Number: 2222220

 

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS, INC.

521 INDUSTRIAL STREET

GODDARD, KS 67052

Secured Parties: HAROLD M. PITMAN COMPANY

Filing Date: 2/16/2000

Filing Number: 3312725

Filing Type: INITIAL FILING

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS INC

521 INDUSTRIAL STREET

GODDARD, KS 66052

Secured Parties: INTRUST BANK N A NO NAME AVAILABLE (ASSIGNEE) UMB BANK, N.A.

Filing Date: 7/9/2004

Filing Number: 92731851

Filing Type: ASSIGNMENT

Original Filing Number: 3334059

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS INC

521 INDUSTRIAL STREE

GODDARD, KS 67052

UNIVERSAL PRODUCTS INC

521 INDUSTRIAL STREE

GODDARD, KS 67052

Secured Parties: INTRUST BANK NA INTRUST BANK NA UMB BANK, N.A. UMB BANK, N.A.

Filing Date: 7/9/2004

Filing Number: 92731603

Filing Type: CONTINUATION

Original Filing Number: 2571594

 

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS INC

521 INDUSTRIAL ST

GODDARD, KS 67052

Secured Parties: INTRUST BK NO NAME AVAILABLE (ASSIGNEE) UMB BANK, N.A.

Filing Date: 7/9/2004

Filing Number: 92731843

Filing Type: ASSIGNMENT

 

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS INC

521 INDUSTRIAL ST

GODDARD, KS 67052

Secured Parties: INTRUST BANK N A NO NAME AVAILABLE (ASSIGNEE) UMB BANK, N.A.

UMB BANK, N.A. UMB BANK, N.A. UMB BANK, N.A.

Filing Date: 7/9/2004

Filing Number: 92731752

Filing Type: ASSIGNMENT

Original Filing Number: 2222220

 

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS INC

521 INDUSTRIAL ST

GODDARD, KS 67052

Secured Parties: THE CIT GROUP EQUIPMENT FINANCING INC AMERICAN TECHNOLOGIES

CREDIT INC THE CIT GROUP EQUIPMENT FINANCING INC

Filing Date: 5/8/2002

Filing Number: 5237722

Filing Type: CONTINUATION

Original Filing Number: 2358209

 

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS, INC

521 INDUSTRIAL ST

GODDARD, KS 67052

Secured Parties: CITY OF GODDARD MULTIPLE SECURED PARTIES NO NAME AVAILABLE

(ASSIGNEE) UMB BANK, N.A.

Filing Date: 7/9/2004

Filing Number: 92731835

Filing Type: ASSIGNMENT

Original Filing Number: 2137662

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS INC

521 INDUSTRIAL STREET

GODDARD, KS 67052

Secured Parties: SERICOL INC

Filing Date: 11/26/2001

Filing Number: 5068432

Filing Type: INITIAL FILING

 

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS INC

521 INDUSTRAIL STREET

GODDARD, KS 67052

Secured Parties: SERICOL INC

Filing Date: 12/2/2002

Filing Number: 5409305

Filing Type: INITIAL FILING

 

Name Searched: UNIVERSAL PRODUCTS INC

Debtor Address: UNIVERSAL PRODUCTS INC

521 INDUSTRIAL ST

GODDARD, KS 67052

Secured Parties: NAZDAR COMPANY

Filing Date: 3/3/2003

Filing Number: 5479803

Filing Type: INITIAL FILING

 

 

There are no legal filings against the Company.

A search of bankruptcy courts revealed no record of a Company by this name filing for bankruptcy.

 

 

GENERAL COMMENTS

 

The Company has been in business for twenty nine years. Payment history indicates that the Subject is efficient with its payments. Legal records indicate no negative litigation taken against the Subject. Thus, the Company is considered to be responsible for normal business transactions.

 

 

 


 

RATING EXPLANATIONS

 

 

RATING

STATUS

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions