MIRA
INFORM REPORT
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Report Date : |
11.08.2007 |
IDENTIFICATION DETAILS
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Name : |
AMERITIN
INTERNATIONAL CORPORATION |
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Registered Office : |
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Country : |
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Date of Incorporation : |
01/28/1997 |
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Legal Form : |
Corporation –
Private |
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Line of Business : |
The Company is
believed to be engaged metals broker. |
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: AMERITIN
INTERNATIONAL CORPORATION
Address:
City: WESTERN
SPRINGS
State/Province:
Code: 60558
Country: UNITED
STATES
Telephone: 708
784-9400
Facsimile: 708
784-9528
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees:
2
Legal Form: Corporation
- Private
Website: N/A
Business Activity: The Company is believed to be engaged
metals broker. This is unconfirmed by
management.
NOTE TO CLIENT
The correct address
for the Company is
--
Numerous calls to
the Company resulted in leaving voice messages for Mr. Matthew G. Quinn,
President. A written request for information was sent, if pertinent information
is received, we will amend the report.
LEGAL
Legal Form: Corporation -
Private
State/Province of
Incorporation: IL
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
Entity Name AMERITIN
INTERNATIONAL CORPORATION
File Number 59241249
Status GOODSTANDING
Entity Type CORPORATION
Type of Corp DOMESTIC
BCA
Incorporation
Date 01/28/1997
State
Agent Name DANIEL
G QUINN
Agent Change
Date 07/22/2004
Agent Street
Address 4479 CENTRAL AVE
Managers/Key
Personnel
Mr. Matthew G
Quinn President
Ms. Leslie Anne
Quinn Secretary
AFFILIATED ENTITIES
As far as can be
determined, no affiliates or subsidiaries exist at the present time.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
No banking
information has been received yet and public provided no insight into the
Company's primary bank.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE
CUR 1- 31- 61-
CATEGORY
REPTD
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
PACKAGING
07-07 00-00 NET 30 0 0
0 0 0
0 0 CUST
1 YR
PRI METALS 07-06 07-06 VARIED 100000
68800 100 0 0 0 0
FACTOR
05-09 00-00 NET 30 29700 20900
26 35 39
0 0
FACTOR
06-04 06-03 VARIED 15200 10500
0 21 11
68 0
CURRENT QUARTER 100000 68800
100 0 0 0 0
Payment Trends
INDUSTRY BUSINESS BALANCE
CUR 1- 31- 61-
DATE
CUR DBT DBT $ %
30 60 90 91+
--------
--- --- --- -------- --- --- --- --- ---
20070700
0 6 0
68800 100 0
0 0 0
20070600
0 6 0 59400 100 0
0 0 0
20070500
0 5 0 8200 100 0
0 0 0
20070400
0 5 0 8200 100 0
0 0 0
20070300
0 6
0 21000 100 0
0 0 0
20070200
0 5 0 8600 100 0
0 0 0
Payment History - Quarterly Averages
BALANCE CUR 1- 31- 61-
QUARTER
YEAR DBT $ %
30 60 90 91+
-------- ------ --- -------- --- --- --- --- ---
Second
2007 0 45500 100 0
0 0 0
First
2007 0 12600 100 0
0 0 0
Fourth
2006 0 65000 100 0
0 0 0
Third
2006 0 11600 100 0
0 0 0
Second
2006 0 0 0
0 0 0 0
FINANCIAL INFORMATION
No financial
information has been returned yet and outside sources provided no insight into
the financial condition of the Company.
CURRENT OPERATIONS
NAICS Code: 42
Wholesale Trade
Number of Employees
: 2
Business Activity:
The Company is
believed to be engaged metals broker. This is unconfirmed by management. This is the sole location for the Company.
PUBLIC RECORD
No Uniform
Commercial Codes, legal issues, liens or bankruptcies were found in the
Company's name.
GENERAL COMMENTS
The company
incorporated in 1997, believed to be engaged as a metals wholesaler. The
Company has a satisfactory payment record and no derogatory information in it's
name.
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. |
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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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)