MIRA
INFORM REPORT
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Report Date : |
8th March, 2007 |
IDENTIFICATION
DETAILS
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Name : |
PRO-TECH CO. INC. |
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Registered Office : |
2852 Hitchcock Avenue, Downers Grove , Illinois 60515, United States |
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Country : |
United States |
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Date of Incorporation : |
1985 |
RATING &
COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
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IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name : PRO-TECH CO. INC.
Address : 2852 HITCHCOCK AVENUE
City : DOWNERS GROVE
State/Province : ILLINOIS
Zip Code : 60515
Country : UNITED STATES
Telephone : 630 271-0551
Facsimile : 630 271-0661
Legal Form :
Website : www.protechcompanyinc.com
@rating Opinion :
Business Activity :
Founded (D/M/Y) : / /1985
As of :
Sales / Revenue :
Net Income :
Total Equity :
IMPERATIVES
We were unable to locate a corporate registration for PRO-TECH CO. INC. with either the Illinois or Delaware Secretary of State.
We found a website for PRO-TECH CO. INC.; www.protechcompanyinc.com.
Based on the information on the website, the Subject is a supplier of products to thermal processing industries.
Using the contact phone number on the Company website; 630 271-0551 we called the Subject. We spoke with Jim Barron, Controller. He declined to provide any information about the Subject. He would not even provide us with the legal name of the Company.
Mr. Jim Barron would not confirm the provided bank; PARK NATIONAL BANK.
We found a brief payment history for the Subject which is listed below:
BUSINESS DATE LAST
PAYMENT CREDIT BALANCE CUR 1-
31- 61-
CATEGORY REPTD SALE TERMS $ $ %
30 60 90 91+ COMMENTS
---------- ----- ----- ------- -------- -------- --- --- --- ---
--- --------
PACKAGING
07-01 06-11 NET 30 700 0
0 0 0 0 0
CUST 5 YR
AIR TRANS
04-06 04-06 100 0
0 0 0 0
0
MANUFCTRNG 04-07 01-03 NET 30 0
0 0 0
0 0 0 CUST 7 YR
MED SUPPLY 06-04 00-00 VARIED 100
100 100 0 0
0 0
CURRENT QUARTER
We found the following civil filling against the Company:
LAWSUIT
Current Date : 03/07/2007
Court Current Through : 02-22-2007
Source : CLERK OF THE COURT, CIRCUIT COURT OF ILLINOIS, DUPAGE, IL
Database Last Updated : 03-06-2007
CASE INFORMATION
Case Number : 02SC3913
Filing Date : 07/29/2002
Case Type : BUSINESS CONTRACT SUITS
Demand : $1,270.84
Filing Office : CIRCUIT COURT OF ILLINOIS, DUPAGE
Venue : DUPAGE, IL
PARTY INFORMATION
Plaintiff : ALLEGHENY ALLOY, INC.
Defendant : PRO-TECH CO. INC.
2852 HITCHCOCK AVE
DOWNERS GROVE, IL 60515-4016
A search of bankruptcy courts revealed no record of the Subject filing for bankruptcy.
This is a full report.
LEGAL
Legal Form:
Previous Legal Form:
Company is NOT required to publish an annual financial report.
FINANCIAL INFORMATION
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CURRENT OPERATIONS
NAICS Code: 99 Unclassified Establishments
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%)