MIRA
INFORM REPORT
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Report Date : |
02.02.2007 |
IDENTIFICATION
DETAILS
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Name : |
UNIVERSAL
WEATHER AND AVIATION INC |
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Registered Office : |
8787
Tallyho, Houston, Texas 77061 |
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Country : |
United
States |
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Date of Incorporation : |
08/02/1960 |
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Legal Form : |
Corporation
– Private |
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Line of Business : |
Provides
international trip facilitation services for corporate aviation. |
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 : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company
Name : UNIVERSAL WEATHER AND AVIATION INC
Trade
Name(s) :
Address : 8787 TALLYHO
City : HOUSTON
State/Province : TEXAS
Zip Code : 77061
Country : UNITED STATES
Telephone : 713 944-1622
Facsimile : 713 943-4674
Founded
(D/M/Y) : / /1959
As of :
Sales /
Revenue :
Net
Income :
Total
Equity :
Number
of Employees : 600
Legal
Form : Corporation -
Private
Website : www.univ-wea.com
Opinion : up to $100,000
Business
Activity : The Subject provides
international trip facilitation services for corporate aviation.
NOTE TO CLIENT
Contacted
person; Mr. Jim Coyle, Controller.
Mr.
Coyle provided and confirmed general business information about the Company. He
declined to provide detailed financial information.
The
Subject has 600 employees at the provided address. Mr. Coyle was unsure of the
worldwide figure.
Amount
Requested: 3,500,000
The
amounts requested and advised are expressed in: ZAR
LEGAL
Legal
Form :
Corporation - Private
Since
(D/M/Y) :
08/02/1960
State/Province
of Incorporation : TX
Status : ACTIVE
Previous
Legal Form:
Company
is NOT required to publish an annual financial report.
The
Company is incorporated is in the State of Texas.
UNIVERSAL
WEATHER AND AVIATION INC
8787
TALLYHO RD
HOUSTON,
TX 77061-3420
Status:
IN GOOD STANDING NOT FOR DISSOLUTION OR WITHDRAWAL through May 15, 2007
Registered
Agent: MARJORIE E EVANS
8787
TALLYHO
HOUSTON,
TX 77061
Registered
Agent Resignation Date:
State of
Incorporation: TX
File
Number: 0016273000
Charter/COA
Date: February 8, 1960
Taxpayer
Number: 17510397361
Managers/Key
Personnel
MR.
RALPH J VASAMI President
MR.
DOUGLAS D KELLEY Chief Financial Officer
MR.
CHARLES G EVANS II Chief Executive Officer
MR.
DAVID L DIULUS Vice President
MR. JIM
COYLE Controller
AFFILIATED ENTITIES
The
Company has no affiliates.
SUBSIDIARIES
Tanzania
Tanzanite
Jet Centre Ltd.
Cambodia
Helicopters
Cambodia, Ltd.
China
Asia
Operations Company, Ltd.
India
Aircon
Airspares & Services Pvt. Ltd.
Malaysia
Nusantara
Aviation Services Sdn. Bhd.
Myanmar
Wah Wah
Company Ltd.
Singapore
Universal
Singapore Airport Service Pte. Ltd.
Taiwan
Asian
Business Aviation Services Taiwan Ltd.
Thailand
Andaman
Aviation Services Ltd.
Vietnam
T& T
Company, Ltd.
Antigua/Barbuda
FBO 2000
Antigua Ltd.
Aruba
Universal
Aviation Aruba N.V.
Guatemala
Air
Station, S.A.
Mexico
UVavemex,
S. de R.L. de C. V.
mexico@uvglobalnetwork.com
Panama
Aerosupport
Ltda.
panama@uvglobalnetwork.com
Puerto
Rico
Universal
Weather and Aviation, Inc.
puertorico@uvglobalnetwork.com
Germany
FERAS
Germany GmbH
germany@uvglobalnetwork.com
Spain
Universal
Aviation Spain S.A.
United
Kingdom
Universal
Aviation (U.K.), Ltd.
Australia
Universal
Aviation Australia PTY Ltd.
Guam
ACI
Pacific, LLC
Argentina
Munser
FBO
Chile
FBO
Aerocardal, Ltda.
Colombia
Aerosupport
Ltda.
Ecuador
JANEI,
C.A.
Peru
Servicio
Universal de Aviacion, S.A.
Uruguay
Munser
FBO
BANKS
TX
Telephone:
Facsimile:
Account
Number:
Account
Manager:
Management
declined to provide banking information about the company.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY
REPTD SALE TERMS $
$ % 30
60 90 91+ COMMENTS
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
AIR TRANS
06-12 06-03 NET 30 17200 0
0 0 0 0 0
CUST 3 YR
BLDG MATRL 06-12 06-12 VARIED 1100
100 100 0 0
0 0 CUST 2 YR
CONST MACH 07-01 07-01 NET PRX 68000 38500
95 5 0 0 0
FACTOR
07-01 05-05 NET 30 0 0 0 0 0
0 0
FINCL SVCS 07-01 07-01 0000000 0 0 0 0 0
0 0 SATSFTRY
FRGHT FWRD 07-01 04-06 NET 30 0
0 0 0
0 0 0
RENTALS
06-10 00-00 NET 10 1400 0
0 0 0 0 0
TELECOM
07-01 00-00 NET 30 400 100
100 0 0 0
0
WAREHOUSE
06-11 06-11 VARIED 3800 3000
100 0 0 0
0 CUST 1 YR
WAREHOUSE
06-12 00-00 VARIED 100 0
0 0 0 0 0
CUST 2 YR
AIRCRAFT
04-08 00-00 NET 30 0 0 0 0 0
0 0 CUST 25 YR
AIR TRANS
06-06 06-06 0000000 27400
14300 100 0 0
0 0 CUST 29 YR
AIR TRANS
05-07 05-04 VARIED 24400 9300
0 0 0 100 0
AIR TRANS
05-12 00-00 NET 30 1000 200
100 0 0 0
0 CUST 18 YR
CELLUL/PAG 04-12 04-11 NET 30 1100
0 0 0
0 0 0
COMPUTERS
04-02 00-00 NET 30 0 0 0 0 0
0 0
COMPUTERS
06-06 06-05 0000000 11000
200 0 100 0
0 0
CRED CARD
07-01 06-12 REVOLVE 46300
46300 100 0 0
0 0 CUST 6 YR
DP SERVCS
06-06 06-03 0000000 0
0 0 0
0 0 0 CUST 11 YR
DP SUPPLY
05-07 05-06 NET 30 95300 0
0 0 0 0 0
FACTOR
05-05 00-00 VARIED 0 0 0 0 0
0 0
FACTOR
04-06 00-00 NET 30 0
0 0 0
0 0 0
FINCL SVCS 06-03 05-12 CONTRCT 0 0 0 0 0
0 0 CUST 1 YR
GENERAL
04-10 97-12 NET 30 0 0 0 0 0
0 0 CUST 7 YR
LEASING
06-06 00-00 CONTRCT 247900
0 0 0
0 0 0 CUST 1 YR
MISC MANUF 06-07 06-06 VARIED 18600
0 0 0
0 0 0
OFFC SUPPL 04-05 97-02 CREDIT 10000
0 0 0
0 0 0
PAINTS
04-09 00-00 VARIED 0 0 0 0 0
0 0
PETROLEUM
04-12 04-12 VARIED 200200 0
0 0 0 0 0
CUST 5 YR
TELECOM
05-06 00-00 NET 30 100 0
0 0 0 0 0
TELECOM
06-08 06-04 NET 30 100 0
0 0 0 0 0
CUST 1 YR
ADMIN
05-05 00-00 CREDIT 0 0 0 0 0
0 0 CUST 37 YR
CURRENT QUARTER 92000
41700 95 5
0 0 0
Payment Trends
INDUSTRY BUSINESS
BALANCE CUR 1- 31- 61-
DATE
CUR DBT DBT $ % 30
60 90 91+
--------
--- --- --- -------- --- --- --- --- ---
20070100
0 5 0 41000 100
0 0
0 0
20061200
0 6 0 40900 100
0 0
0 0
20061100
0 5 0 41700 100 0
0 0 0
20061000
0 5 0 33700 100
0 0
0 0
20060900
0 4 0 30500 100
0 0
0 0
20060800
0 5 0 29800 100
0 0
0 0
Payment History - Quarterly Averages
BALANCE CUR 1- 31- 61-
QUARTER
YEAR DBT $ % 30 60
90 91+
-------- ------ ---
-------- --- --- --- --- ---
Fourth
2006 0 41200 100 0 0 0
0
Third
2006 0 31300 100 0 0 0
0
Second
2006 10 38700 77 13 4
0 6
First
2006 16 43200 84 0 0
3 13
Fourth
2005 13 45600 88 0 0
0 12
FINANCIAL INFORMATION
Management
declined to provide financial information about the company.
CURRENT OPERATIONS
NAICS
Code: 4881 Support Activities for Air Transportation
NAICS
Code: 488 Support Activities for Transportation
Number
of Employees: 600
Business
Activity:
The
Subject provides international trip facilitation services for corporate
aviation.
Below is
a list of services provided by the Subject.
Pre-Trip
Support Services
Sample
Flight Plans
Route
Weather or Flight Planning Briefing
Security
Briefs and Assessments
Climatological
Studies
Preliminary
Weather
Passenger
Weather
Master
Crew List (MCL) / APIS
TSA
Waivers
Mexico
Landing Permits
Border
Overflight Exemption
Visa
Waiver Program
Visa /
Passport Assistance
Active
Trip Support Services
In-flight
Alerts
Ground /
Home-base Notification
Air-to-Ground
Communications
Catering
Arrangements
Post-Trip
Support Services
Customs
Arrival / Departure Cards
Ground
Services
Prepaid
Airport Fees
Hotel
Accommodations
Credit /
Direct Bill Arrangements
Fueling
Services
Executive
and Aircraft Protection
Ground
or Secure Transportation
Satellite
/ Cell Phone Rental
The
provided address is the headquarters of the Subject. The Company also has
office locations around the world.
PUBLIC RECORD
The
following civil filings were found for the Subject:
Name
Searched: UNIVERSAL WEATHER AND AVIATION INC.
Party
Address: NA NA
TX
Creditor:
UNIVERSAL WEATHER & AVIATION INC
Debtors:
ASPREY LEASING INC
Entered:
03/02/2000
Number:
200011173
Type:
CIVIL NEW FILING
Name
Searched: UNIVERSAL WEATHER AND AVIATION INC.
Party
Address: NA NA
TX
Creditor:
UNIVERSAL WEATHER & AVIATION INC
Debtors:
CORPORATE AIR MANAGEMENT INC
Entered:
09/18/2001
Number:
200147932
Type:
CIVIL NEW FILING
Name
Searched: UNIVERSAL WEATHER AND AVIATION INC.
Party
Address: 21 SHETLAND ISLE CT
SUGARLKAND,
TX 77479
Amount:
$ 7,570
Creditor:
UNIVERSAL WEATHER & AVIATION
Debtors:
HOOVER AVIATION INC
Entered:
05/25/1993
Number:
615820
Type:
CIVIL JUDGMENT
Name
Searched: UNIVERSAL WEATHER AND AVIATION INC.
Party
Address: 12150 E BRIARWOOD AV
ENGLEWOOD,
CO 80112
Amount:
$ 18,005
Creditor:
UNIVERSAL WEATHER & AVIATION INC
Debtors:
P C AIR CHARTER INC
Entered:
02/23/1994
Number:
630025
Type:
CIVIL NEW FILING
Name
Searched: UNIVERSAL WEATHER AND AVIATION INC.
Party
Address: TX
Amount:
$ 18,245
Creditor:
UNIVERSAL WEATHER & AVIATION INC
Debtors:
CHAMPIONS AIR (dba)
Entered:
11/24/1998
Number:
709155
Type:
CIVIL NEW FILING
Name
Searched: UNIVERSAL WEATHER AND AVIATION INC.
Party
Address: TX
Amount:
$ 18,245
Creditor:
UNIVERSAL WEATHER & AVIATION INC
Debtors:
GRAND HOLDINGS INC
Entered:
11/24/1998
Number:
709155
Type:
CIVIL NEW FILING
Name
Searched: UNIVERSAL WEATHER AND AVIATION INC.
Party
Address: TX
Creditor:
UNIVERSAL WEATHER & AVIATION INC
Debtors:
AMERICAN INTERNATIONAL AIRWAYS
Entered:
11/24/1998
Number:
709156
Type:
CIVIL NEW FILING
Name
Searched: UNIVERSAL WEATHER AND AVIATION INC.
Party
Address: TX
Creditor:
UNIVERSAL WEATHER & AVIATION INC
Debtors:
MGM GRAND AIR INC (dba)
Entered:
11/24/1998
Number:
709156
Type:
CIVIL NEW FILING
Name
Searched: UNIVERSAL WEATHER AND AVIATION INC.
Party
Address: TX
Creditor:
UNIVERSAL WEATHER & AVIATION INC
Debtors:
TREASURE SOLUTIONS INC
Entered:
09/07/1999
Number:
722113
Type:
CIVIL NEW FILING
Name
Searched: UNIVERSAL WEATHER AND AVIATION INC.
Party
Address: TX
Creditor:
UNIVERSAL WEATHER & AVIATION INC
Debtors:
J A R AIRCRAFT SERVICES INC
Entered:
09/08/1999
Number:
722177
Type:
CIVIL NEW FILING
Name
Searched: UNIVERSAL WEATHER AND AVIATION INC.
Party
Address: TX
Creditor:
UNIVERSAL WEATHER & AVIATION INC
Debtors:
AIR AMERICA HOLDINGS INC
Entered:
11/01/1999
Number:
724786
Type:
CIVIL NEW FILING
Name
Searched: UNIVERSAL WEATHER AND AVIATION INC.
Party
Address: 1002 E VALENCIA RD
TUCSON,
AZ 85706
Amount:
$ 20,659
Creditor:
UNIVERSAL WEATHER AND AVIA
Debtors:
SUN WEST AVIATION INC
Entered:
03/07/2003
Number:
785662
Type:
CIVIL JUDGMENT
Name
Searched: UNIVERSAL WEATHER AND AVIATION INC.
Party
Address: TX
Creditor:
UNIVERSAL WEATHER AND AVIATION
Debtors:
SUN WEST AVIATION INC
Entered:
01/02/2003
Number:
785662
Type:
CIVIL NEW FILING
Name
Searched: UNIVERSAL WEATHER AND AVIATION INC.
Party
Address: TX
Creditor:
UNIVERSAL WEATHER ETAL
Debtors:
FAS AVIATION INC
Entered:
12/08/2006
Number:
879923
Type:
CIVIL NEW FILING
Name
Searched: UNIVERSAL WEATHER AND AVIATION INC.
Party
Address: TX
Amount:
$ 290,500
Creditor:
UNIVERSAL WEATHER & AVIATION INC
Debtors:
RMS TECHNOLOGIES INC
Entered:
04/20/1994
Number:
9419906190
Type:
CIVIL NEW FILING
Name
Searched: UNIVERSAL WEATHER AND AVIATION INC.
Party
Address: 8787 TALLYHO
HOUSTON,
TX 77061
Amount:
$ 21,956
Creditor:
IRS
Debtors:
UNIVERSAL WEATHER AVIATION INC
Entered:
10/11/1995
A search
of bankruptcy courts revealed no record of the Subject filing for bankruptcy.
GENERAL COMMENTS
The
Subject is a well established provider of international trip facilitation
services for corporate aviation. The payment history shows the Company has been
efficient with its payments. Thus, they are considered to be capable of
handling 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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