MIRA INFORM REPORT

 

 

Report Date :

29.12.2007

 

IDENTIFICATION DETAILS

 

Name :

INLAND PACKAGING INC

 

 

Registered Office :

5950 W Oakland Park Blvd, Ft Lauderdale, Fl 33313-1238

 

 

Country :

United States

 

 

Date of Incorporation :

06/2001

 

 

Legal Form :

Institutions

 

 

Line of Business :

Industrial Machinery and Equipment

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

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

Small

 

Status :

Moderate

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

 

 

Company Information

 

 

INLAND PACKAGING INC
5950 W OAKLAND PARK BLVD
FT LAUDERDALE, FL 33313-1238

Business Identification Number:

738128482

File Established:

06/2001

SIC code: 

INDUSTRIAL MACHINERY AND EQUIPMEN - 5084

Tax ID:

65-1047913

 

Executive Summary

 

 

  Intelliscore for INLAND PACKAGING INC

 

 

48.19

 

 

0-32.47

32.48-58.63

58.64-70.19

70.2-77.71

77.72-100

0

 

100

 

High risk

Low risk


MEDIUM TO HIGH RISK
28% of businesses indicate a higher risk of becoming seriously delinquent than this business

Key score factors:

NUMBER OF TRADES WITH A HIGH BALANCE TO HIGH CREDIT RATIO

NUMBER OF DEROGATORY PUBLIC RECORD ACCOUNTS

NUMBER OF COLLECTION ACCOUNTS

LENGTH OF CREDIT HISTORY



  Research Tips

Additional information may be available on this business.

Other recommended searches:

Order Public Record

 

Legal Filings and Collections

Bankruptcy filings:

0

Tax lien filings:

0

Judgment filings:

0

Total collections: details (PLACED 12/03)

1

Sum of legal filings:

$0

UCC filings:

0

Cautionary UCC filings present?

No



Trade Information

Monthly average DBT:

0

Highest DBT previous 6 months:

0

Highest DBT previous 5 quarters:

0

Total continuous trades:

1

Current continuous trade balance:

$0

Trade balance of all trades (3):

$4,100

Average balance previous 5 quarters:

$0

Highest credit amount extended:

$0

6 month balance range:

$0 - $0

 

 

 

Legal Filings and Collections

 

 

  Collections

Date
Placed

Status

Original
Balance

Outstanding
Balance

Date
Closed

Agency

Agency
Phone

12/2003

Paid in Full

$0

 

Undisclosed

 

12/2003

FIDELITY NATIONAL CREDIT SERVI

(800) 648-9341

Trade Payment Information

 

 

Trade Payment Experiences
(Trade Lines With an (*) after date are newly reported)

Account Status
Days Beyond Terms

 

Business
Category

Date
Reported

Last
Sale

 

Payment
Terms

 

Recent
High
Credit

 

Balance

Cur

1-30

31-60

61-90

91+

Comments

 ADVERTISNG

12/2007

 

NET 30

 

 

$0

 

 

 

 

 

CUST 4 YR

 

Trade Payment Totals

 

 

Trade Payment Experiences

Account Status
Days Beyond Terms

 

Type

Lines
Reported

 

 

 

Recent
High
Credit

 

Balance

Cur

1-30

31-60

61-90

91+

Comments

Continuously Reported

1

 

 

$0

$0

 

 

 

 

 

DBT: 0

Newly Reported

0

 

 

 

 

 

 

 

 

 

DBT:  

Trade Lines Totals

1

 

 

$0

$0

 

 

 

 

 

DBT: 0

 

Additional Payment Experiences

 

 

Trade Payment Experiences
(Trade Lines With an (*) after date are newly reported)

Account Status
Days Beyond Terms

 

Business
Category

Date
Reported

Last
Sale

 

Payment
Terms

 

Recent
High
Credit

 

Balance

Cur

1-30

31-60

61-90

91+

Comments

+AIR TRANS

07/2007

07/2007

 

 

$100

$100

100%

 

 

 

 

CUST 6 YR

+BANK CARD

11/2007

11/2007

NET 30

 

$4,800

$4,000

100%

 

 

 

 

CUST 4 YR

 

Commercial Finance Relationships

 

 

  Banking Relationships

 

Financial Institution: CENTRAL FLORIDA BANK

Address: 200 S. ORANGE AVE., TOWER 5 ORLANDO FL32802

Phone: (407) 237-4065

Account Type: UNDISCLOSED

Date Opened: 12/14/2020

Account Rating: NO COMMENT AS OF 11/30/2007

Account Balance: MID FIVE FIGURES

 

Company Background Information

 

 

  Corporate Registration

 

THE FOLLOWING INFORMATION WAS PROVIDED BY THE STATE OF FLORIDA

State of Origin: FL

Current Status: Active


Business Type: Institutions - Profit

Federal Tax ID: 65-1047913

 

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  Additional Company Background Information

 

Key Personnel

Principal(s): 

GIVON REICHSTEIN, MANAGER

 

GIDON B. REICHSTEIN, PRESIDENT


Operating Information

Business Type: Institutions


Primary SIC Code: INDUSTRIAL MACHINERY AND EQUIPMEN - 5084

Secondary SIC Code: PAPER MILLS - 2621

Additional SIC Code: 5199 - 7389


Number of Employees: 5

 

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.

 

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

 

 

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%)

 

 

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