MIRA
INFORM REPORT
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Report Date : |
04.07.2007 |
IDENTIFICATION DETAILS
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Name : |
ACUTHERM LP |
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Registered Office : |
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Country : |
Unites States |
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Date of Incorporation : |
14.02.1994 |
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Legal Form : |
Limited Partnership |
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Line of Business : |
Designers, manufacturers and distributors of modular VAV systems and
VAV diffusers for use in HVAC systems. |
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 : ACUTHERM, L.P.
Address :
City :
Founded (D/M/Y) : 1978
State/Province :
Zip Code : 94545
Country : UNITED STATES
Telephone : 510-785-0510
Facsimile : 510-785-2517
Legal Form : Limited Partnership
Website : www.acutherm.com
Business Activity : The Subject designs, manufactures and distributes modular VAV systems
and VAV diffusers for use in HVAC systems.
NOTE TO CLIENT
Please note that there is no company found by the provided name at the provided address. The only entity located at the requested address is ACUTHERM, L.P. for which a report follows.
The receptionist deferred all questions to Ms. Carrol Willis, Controller, who was unavailable. Please note that we did send a written request to her attention via facsimile. An update will be provided accordingly should we receive a response at a later time.
Information in this report could not be confirmed.
Number of employees could not be obtained.
LEGAL
Legal Form : Limited Partnership
Since (D/M/Y) : 14/02/1994
State/Province of Incorporation : CA
Status : ACTIVE
Previous Legal Form : Agency
Company is NOT required to publish an annual financial report.
LP/LLC
ACUTHERM, L.P.
Number : 199405500030
Date Filed : 2/14/1994
Status : active
Jurisdiction:
Address
Agent for Service of Process
JAMES R. KLINE
Managers/Key Personnel
Ms Carrol Willis Controller
Mr. James R. Kline Officer
AFFILIATED ENTITIES
As far as could be determined, there are no known affiliates or subsidiaries.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE
CUR 1- 31- 61-
CATEGORY
REPTD
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
ADVERTISNG 07-06 00-00 NET 30 0
0 0 0
0 0 0
CUST 4 YR
AIR TRANS
07-03 00-00 0000000 500
500 100 0 0
0 0 CUST 25 YR
EQUIPMENT
07-06 00-00 COD 0 0
0 0 0
0 0 CUST
3 YR
MED SUPPLY 07-06 00-00 VARIED 0
0 0 0
0 0 0
PACKAGING
07-06 00-00 NET 30 100 0
0 0 0
0 0
UTILITY
07-05 00-00 NET 15 1300 0 0
0 0 0 0
AIR TRANS
06-11 00-00 NET 30 400 0
0 0 0
0 0 CUST
4 YR
COMPUTERS
07-01 03-07 CREDIT 20000 0
0 0 0
0 0
ELEC EQUIP 06-08 00-00 NET 30 1000
1000 100 0 0
0 0
FACTOR
06-01 05-03 NET 30 1100 0
0 0 0
0 0
FREIGHT
04-08 00-00 NET30 100 100
0 100 0 0
0 CUST 5 YR
FRGHT FWRD 06-01 00-00 VARIED 12400
4600 0 81
0 0 19
GENERAL
05-02 04-10 NET 60 700 400
48 52 0
0 0 CUST 19 YR
LEASING
07-05 00-00 CONTRCT 9700
900 100 0 0
0 0 CUST
2 YR
OFFC SUPPL 07-01 01-04 CREDIT 1400
0 0 0
0 0 0
TEMP HELP
04-07 00-00 NET 7 0 0
0 0 0
0 0
CURRENT QUARTER 1900 500
100 0 0 0 0
Payment Trends
INDUSTRY BUSINESS BALANCE
CUR 1- 31- 61-
DATE
CUR DBT DBT $ %
30 60 90 91+
--------
--- --- ---
-------- --- --- --- --- ---
20070600
0 4 0 500 100 0
0 0 0
20070500
0 4 0 3000 100 0
0 0 0
20070400
0 5 0 2900 100 0
0 0 0
20070300
0 5 0 3800 100 0
0 0 0
20070200
0 5 15 2900 0
100 0 0 0
20070100
0 4 0 2100 100 0
0 0 0
Payment
History - Quarterly Averages
BALANCE CUR 1-
31- 61-
QUARTER
YEAR DBT $ %
30 60 90 91+
-------- ------ --- -------- --- --- --- --- ---
First
2007 5 3200 70
30 0 0 0
Fourth
2006 0 0 0
0 0 0 0
Third
2006 1 1800 98
0 2 0 0
Second
2006 0 2700 99
0 1 0 0
First
2006 0 2500 97
3 0 0 0
FINANCIAL INFORMATION
The Company was forwarded a fax requesting financial information.
Currently we have not received a response.
CURRENT OPERATIONS
NAICS Code : 333415 Air-Conditioning and Warm Air Heating Equipment an
SIC Code : 3585
Business Activity:
The Subject designs, manufactures and distributes modular VAV systems and VAV diffusers for use in HVAC systems.
Some of the Company's products are listed below:
-Stand Alone Square THERMA-FUSER™ diffusers
-Interoperable Square THERMA-FUSER™ diffusers
-Linear THERMA-FUSER diffusers
-Pressure
-System Mode Control modules
-Acu-Zone
-Round Pressure
The heading address is the Company's headquarters where it oversees the day-to-
day operations of its business.
PUBLIC RECORD
No derogatory legal action was filed against the Subject nor were there any Unit
A search of bankruptcy courts revealed no record of a Company by this name filing for bankruptcy.
GENERAL COMMENTS
The Subject designs, manufactures and distributes modular VAV systems and VAV diffusers for use in HVAC systems. The Subject appears to be well established, operating since 1978.
The Payment history appears satisfactory and no adverse information was traced. The Company is considered 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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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%)