MIRA
INFORM REPORT
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Report Date : |
07.06.2007 |
IDENTIFICATION DETAILS
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Name : |
CROSS CREEK TRUCK
& TRACTOR CO., INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
22/05/1985 |
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Legal Form : |
Corporation -
Private |
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Line of Business : |
Supplier of new,
used, and rebuilt tractor parts. |
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 : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: CROSS
CREEK TRUCK & TRACTOR CO., INC.
Address:
City: CULLMAN
State/Province:
Zip Code: 35055
Country: UNITED
STATES
Telephone: 256
739-0496
Facsimile: 256
739-0471
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees:
12
Legal Form: Corporation
- Private
Website: www.crosscreektractor.com
Business Activity: The Company is a supplier of new, used,
and rebuilt tractor parts.
NOTE TO CLIENT
NOTE: REGARDING A REQUEST
FOR A REPORT ON " CROSS CREEK TRAILOR CO." LOCATED AT "
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PERSON CONTACTED:
Mr. Dean Mangum,
President.
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Mr. Mangum provided
the information found in this report. He declined the release of financial
information or references.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 22/05/1985
State/Province of
Incorporation:
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
Legal Name: Cross
Creek Truck & Tractor Co., Inc.
Entity Type: Corporation
D/C: 104-123
Incorporation
Place:
Incorporation
Date: 05-22-1985
Registered
Agent: MANGUM, DEAN MAREK
ROUTE
Principle
Address:
Capital Amount: $1,000
Authorized
$1,000 Paid In
Managers/Key
Personnel
Mr. Dean Mangum President
AFFILIATED ENTITIES
There are no
affiliated companies or subsidiaries.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
A bank reference was
declined by management.
PAYMENT HISTORY
A payment record was
unavailable for review at this time.
FINANCIAL INFORMATION
Financial information
was declined by management. Outside sources failed to add any insight into the
financial condition of the Firm.
CURRENT OPERATIONS
NAICS Code: 42184
Industrial Supplies Wholesalers
SIC Code: 5085
Number of
Employees: 12
Business Activity:
The Company is a
supplier of new, used, and rebuilt tractor parts.
The Company
specializes in the distribution and retail sale of engines, fueling systems,
hydraulics, steering parts, front axles, transmission, and wheels. It targets the agricultural industry in the
The heading address
is the Company headquarters and sole location and serves as an administrative
office, warehouse, and a distribution center. The property is rented by the
Company.
TRADE REFERENCES
References were
declined by management.
PUBLIC RECORD
A search of public
failed to reveal any Uniform Commercial Codes, tax liens, legal actions, or
bankruptcy petitions at this time.
GENERAL COMMENTS
Cross Creek Truck
& Tractor Co., Inc., incorporated in
1985 in the state of
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%)