MIRA
INFORM REPORT
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Report Date : |
11th
November, 2006 |
IDENTIFICATION
DETAILS
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Correct Name : |
CAPITOL
MANUFACTURING COMPANY |
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Registered Office : |
1125
Capitol Road, Crowley, Louisiana 70526, United State |
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Country : |
United
State |
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Date of Incorporation : |
23.04.2002 |
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Legal Form : |
Limited
Liability Company |
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Line of Business : |
The
Company is a manufacturer of high pressure pipe fitting for the
refinery, petrochemical, plumbing,
pharmaceutical, pulp and paper, and construction industries. |
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 : |
Regular
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE SUMMARY
Company
Name : CAPITOL MANUFACTURING COMPANY
Address : 1125 CAPITOL ROAD
City : CROWLEY
State/Province :
LOUISIANA
Zip
Code : 70526
Country : UNITED STATES
Telephone : 337-783-8626
Facsimile : 337-783-5360
Legal
Form : Limited
Liability Company
Website : www.capitolcamco.com
@rating
Opinion :
Business Activity : The Company is a manufacturer of
high pressure pipe fitting for the refinery,
petrochemical, plumbing, pharmaceutical, pulp and paper, and construction
industries.
As
of :
Sales
/ Revenue :
Net
Income :
Total
Equity :
Number
of Employees : 250
NOTE TO CLIENT
NOTE::
LEGAL
NAME : CAPITOL MANUFACTURING COMPANY
ORDERED
NAME : CAPITAL MANUFACTURING
PLEASE
NOTE THAT THE SUBJECT IS QUALIFIED IN LOUISIANA UNDER THE NAME CAPITOL
MANUFACTURING COMPANY LLC, HOWEVER, IT IS REGISTERED AS A LIMITED LIABILITY
COMPANY IN PENNSYLVANIA UNDER THE NAME CAPITOL MANUFACTURING COMPANY (WITHOUT
THE LLC).
Person
Contacted: Mr. Jim Butler,
Controller. Mr. Butler verified and
updated the information presented to him.
LEGAL
Legal Form :
Limited Liability Company
Since (D/M/Y): 23/04/2002
State/Province of Incorporation : PA
Status :
ACTIVE
Previous Legal Form:
Company is NOT required to
publish an annual financial report.
The Company registered in
Pennsylvania under the following registration:
Entity Type : PENNSYLVANIA LIMITED
LIABILITY COMPANY (BUSINESS)
Entity Name : CAPITOL MANUFACTURING
COMPANY
Entity No. : 3067349
Filing Date : 04/23/2002
Letter of Consent : No
Address : 1020 MACARTHUR RD
READING Pennsylvania 19609
County : Berks
Jurisdiction : PA
Purpose : BROAD
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The Company qualified in Louisiana under the
following registration:
Charter/Organization ID : 35307730Q
Name :
CAPITOL MANUFACTURING COMPANY LLC
Type Entity :
Limited Liability Company (Non-Louisiana)
Status :
Active
Annual Report Status : In Good Standing
Last Report Filed on 07/13/2006
Mailing Address : 1020 MACARTHUR ROAD, READING, PA 19605
Domicile Address : 1020 MACARTHUR ROAD, READING, PA 19605
Principal Office : 1020 MACARTHUR ROAD, READING, PA 19605
Principal Bus. Est. in Louisiana:
320 SOMERULOS STREET, BATON ROUGE, LA
70802-6129
Qualified: 07/19/2002
Registered Agent (Appointed 7/19/2002):
CORPORATION SERVICE COMPANY,
320 SOMERULOS ST., BATON ROUGE, LA 70802-6129
Managers/Key Personnel
Mr. John Rogers President
Mr. Jim Butler Controller
AFFILIATED ENTITIES
The following are affiliates of the Subject:
Phoenix Forging Company
Conduit Pipe Products Company
CapProducts, Ltd.
Barco Industries, Inc.
Phoenix Hotform Company
Parent Companies
Parent
Company:
PHOENIX
FORGE GROUP LLC THE
1020 MacArthur Road
Reading PA 19605
UNITED
STATES
The
Company has no subsidiaries.
BANKS
LA
Telephone:
Facsimile:
Account
Number:
Account
Manager:
A
bank name could not be learned for this report.
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
3700 2600 14 83 3 0 0
CUST 3 YR
CHEMICALS 06-07 06-06
SPECIAL 13000 11800 100 0
0 0 0
COMPUTERS 06-10 00-00
0000000 400 0 0
0 0 0 0
FACTOR 06-09 04-08 NET
30 0 0 0 0
0 0 0
FACTOR 06-09 04-05 NET
30 8800 0 0 0
0 0 0
FINCL SVCS 06-09 00-00 VARIED
200 100 100 0
0 0 0 CUST 2 YR
FINCL SVCS 06-10 06-05 NET
400 0 0
0 0 0 0 CUST
1 YR
FREIGHT 06-09 06-09
VARIED 248100 248100 100 0 0
0 0
INDUS MACH 06-07 00-00 NET
0 0 0
0 0 0 0
INDUS MACH 06-07 00-00 NET 30
0 0 0
0 0 0 0
METAL DIST 06-09 06-07 VARIED
155200 13100 0
0 0 100 0 CUST 20 YR
OFFC SUPPL 06-09 98-04 CREDIT
7000 0 0
0 0 0 0
TRANSPORTN 06-09 06-08 NET 30
100 100 100 0
0 0 0 PROMPT
TRUCK DLR 06-09 00-00
CONTRCT 5300 0 0
0 0 0 0
AIR TRANS 05-12 00-00 NET
30 300 0 0 0
0 0 0 CUST 5 YR
COMPUTERS 06-06 05-12
0000000 1200 0 0
0 0 0 0
ELEC SUPLR 06-02 06-02 VARIED
5700 5700 47
53 0 0 0
ELEC SUPLR 05-04 00-00 VARIED
0 0 0
0 0 0 0
FABRICATNG 04-06 01-07 NET 30
0 0 0
0 0 0 0
FRGHT FWRD 04-08 00-00 NET 30
400 400 0
100 0 0 0
FRGHT FWRD 06-01 06-01 CASH
600 100 100 0
0 0 0 SATSFTRY
INDUS SUPL 06-06 06-05 NET 30
3900 1000 83 16 1
0 0 CUST 9 YR
IRON& STEEL 06-05 00-00 NET 30 12200 1800 93
0 7 0 0
MACH DISTR 04-04 03-03 1/10N30 0 0 0 0
0 0 0 CUST 2 YR
PAINTS 04-12 00-00
VARIED 600 600 12 88
0 0 0
SAFTY PROD 06-03 00-00 NET 30
0 0 0
0 0 0 0 CUST
2 YR
TRANSPORTN 03-12 03-12 NET 30
3400 100 0
0 0 100 0
TRANSPORTN 04-11 00-00 VARIED
19100 0 0
0 0 0 0
CURRENT QUARTER
442200 275800 94
1 0 5 0
Payment Trends
INDUSTRY
BUSINESS BALANCE CUR 1-
31- 61-
DATE CUR DBT
DBT $ %
30 60 90 91+
-------- --- ---
--- -------- --- --- ---
--- ---
20061000 0 6 4
276000 94 1
0 5 0
20060900 0 6 12 29000 54
30 16 0 0
20060800 0 7 6 234300 58
42 0 0 0
20060700 0 6 0 74400 100 0
0 0 0
20060600 0 4 3 63700 84
15 1 0 0
20060500 0 3 3 63300 83
16 1 0 0
Payment History - Quarterly Averages
BALANCE CUR 1-
31- 61-
QUARTER YEAR DBT $ % 30
60 90 91+
-------- ------
--- -------- --- --- ---
--- ---
Third 2006 5 179600 77 20
1 2 0
Second 2006 2 67000 89 10
1 0 0
First 2006 6 179700 63 37
0 0 0
Fourth 2005 2 91600 87 13
0 0 0
Third 2005 2 67800 85 15
0 0 0
FINANCIAL INFORMATION
Mr.
Butler declined to provide any financial statement information for the Subject,
citing strict company policy.
CURRENT OPERATIONS
NAICS
Code : 339 Miscellaneous Manufacturing
Number
of Employees : 250
Business Activity
The
Company is a manufacturer of high pressure pipe fitting for the refinery,
petrochemical, plumbing, pharmaceutical, pulp and paper, and construction
industries. The heading address is the sole location for the Subject. The facility consists of office,
manufacturing, and warehouse space.
PUBLIC
RECORD
A
search of public revealed the following information, and no bankruptcy
petitions.
Filing
Number : 2005101401333
Filing
Date : 10/11/2005
Filing
Type : ORIGINAL DEBTOR INFORMATION
Debtor(s) :
CAPITOL MANUFACTURING COMPANY
1020 MAC ARTHUR BLVD.
READING, PA 19605
Secured
Party :
MANUFACTURERS AND TRADERS TRUST COMPANY
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Filing
Number : 36680837
Filing
Date : 09/27/2002
Filing
Type : AMENDMENT
Debtor(s) :
CAPITOL MANUFACTURING COMPANY
1020 MACARTHUR BLVD
READING, PA 19605
Secured
Party :
ALLFIRST BANK
GENERAL COMMENTS
The
Subject, registered in Pennsylvania in 2002, is engaged as a manufacturer of
high pressure pipe fittings. The payment
record is generally satisfactory and the operating history is clear. No derogatory information or bankruptcy
petitions were reported or noted. The
Company is 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 |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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