MIRA INFORM REPORT

 

 

Report Date :

20.11.2007

 

IDENTIFICATION DETAILS

 

Name :

CALDERON TEXTILES

 

 

Registered Office :

6678 Guion Rd, Indianapolis, In 46268-2534

6678 Gulon Rd, Indianapolis, In 46268

 

 

Country :

United States

 

 

Date of Incorporation :

12/1985

 

 

Legal Form :

Private Company

 

 

Line of Business :

Home Furnishings Wholesaling

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

 

Company Information

 

 

CALDERON TEXTILES
6678 GUION RD
INDIANAPOLIS, IN 46268-2534
(317) 298-1995

Business Identification Number:

750317868

File Established:

12/1985

SIC code: 

HOME FURNISHINGS WHOLESALING - 5023

 

Matching Name and Address

 

 

This business is linked to the one displayed above. The report shows the best view of the business.

CALDERON TEXTILES
6678 GULON RD
INDIANAPOLIS, IN 46268

 

Executive Summary

 

 

  Intelliscore for CALDERON TEXTILES

 

 

69.74

 

 

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 RISK
63% of businesses indicate a higher risk of becoming seriously delinquent than this business

Key score factors:

NUMBER OF ACTIVE ACCOUNTS

BALANCE ON DELINQUENT ACCOUNTS

RECENTLY DELINQUENT OR DEROGATORY AVG ACCOUNT BALANCES

NUMBER OF DELINQUENT ACCOUNTS



  Current DBT range compared to all industries*

0 DBT
($3,300 Balance)

 

 

 

 

 

 

0-15

16-50

51+

80%

11%

9%

% of US businesses falling within DBT range

DBT Norms:
All industries: 6 DBT        Same industry: 5 DBT

 

Legal Filings and Collections

Bankruptcy filings:

0

Tax lien filings:

0

Judgment filings:

0

Total collections:

0

Sum of legal filings:

$0

UCC filings: details (FILED 01/99-08/07)

10

Cautionary UCC filings present?

Yes**



Trade Information

Monthly average DBT:

2

Highest DBT previous 6 months:

8

Highest DBT previous 5 quarters:

8

Total continuous trades:

10

Current continuous trade balance:

$3,300

Trade balance of all trades (24):

$9,800

Average balance previous 5 quarters:

$3,280

Highest credit amount extended: details

$20,000

6 month balance range:

$1,700 - $13,100

* Days Beyond Terms (DBT) is a dollar weighted calculation of the average number of days that payment was made beyond the invoice due date based on trades on file that have been updated in the previous 3 months.

** Cautionary UCC Filings include one or more of the following collateral: Accounts, Accounts Receivable, Contracts, Hereafter Acquired Inventory, Leases, Notes Receivable or Proceeds.

  7 month DBT trends

 

90+

60

30

 


0

 


1

 


3

 


1

 


3

 


8

 


0

 

0

May07

Jun07

Jul07

Aug07

Sep07

Oct07

Current

 

  Quarterly DBT trends (previous 5 quarters)

 

90+

60

30

 


1

 


1

 


1

 


1

 


3

 

0

 

3Q06

 

4Q06

 

1Q07

 

2Q07

 

3Q07

 

 

Performance Analysis

Predicted DBT for 01/16/2008: 1 DBT

Payment Trend Indication:
Show No Identifiable Trend

Industry payment comparison:
Has paid sooner than 50% of similar firms

Most Frequent Industry Purchasing Terms:
NET 30, CREDIT, and CONTRCT

 

 

 

 

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

+BLDG MATRL

10/2007

08/2007

VARIED

 

$100

$100

100%

 

 

 

 

 

+COMPUTERS

11/2007

07/2007

CREDIT

 

$20,000

$1,300

100%

 

 

 

 

 

 FACTOR

09/2007*

 

NET 30

 

 

$0

 

 

 

 

 

 

 FACTOR

11/2007

 

NET 30

 

 

$0

 

 

 

 

 

CUST 1 YR

 GIFTWARE

10/2007

12/2006

PREPAYM

 

<$100

$0

 

 

 

 

 

 

 MED SUPPLY

11/2007*

 

VARIED

 

 

$0

 

 

 

 

 

 

=OFFC SUPPL

11/2007

04/2007

CREDIT

 

$4,000

$100

63%

37%

 

 

 

 

=PACKAGING

11/2007

10/2007

NET 30

 

$300

$100

100%

 

 

 

 

CUST 5 YR

 PLUMBING

09/2007

07/2000

NET30

 

 

$0

 

 

 

 

 

 

+TELECOM

11/2007

 

NET30

 

$7,900

$1,700

100%

 

 

 

 

 

 TEXTILES

10/2007

05/2007

NET 30

 

$500

$0

 

 

 

 

 

CUST 5 YR

 TRUCK DLR

11/2007

 

CONTRCT

 

$2,000

$0

 

 

 

 

 

 

 

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

10

 

 

$34,900

$3,300

99%

1%

 

 

 

DBT: 0

Newly Reported

2

 

 

$0

$0

 

 

 

 

 

DBT: 0

Trade Lines Totals

12

 

 

$34,900

$3,300

99%

1%

 

 

 

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

02/2005

02/2005

 

 

$200

$200

100%

 

 

 

 

 

-AIR TRANS

11/2006

 

NET 30

 

$6,100

$6,100

16%

 

80%

1%

3%

COLLECTION

 BUS SERVCS

06/2005

05/2005

NET 30

 

 

$0

 

 

 

 

 

 

 COMPUTERS

06/2006

03/2005

 

 

$5,300

$0

 

 

 

 

 

 

 FACTOR

05/2005

03/2005

VARIED

 

$300

$0

 

 

 

 

 

 

 FREIGHT

06/2007

 

VARIED

 

$82,100

$0

 

 

 

 

 

 

=FREIGHT

09/2006

12/2002

VARIED

 

$1,500

$200

 

100%

 

 

 

 

 FURNTR&FIX

05/2006

09/2005

NET 30

 

$3,700

$0

 

 

 

 

 

 

 HOUSEWARES

04/2006

06/1998

VARIED

 

 

$0

 

 

 

 

 

 

 OFFC SUPPL

02/2005

12/2004

NET

 

$3,100

$0

 

 

 

 

 

CUST 6 YR

 PACKAGING

01/2006

10/2003

NET 30

 

 

$0

 

 

 

 

 

 

 TEMP HELP

02/2007

 

NET 7

 

$5,600

$0

 

 

 

 

 

 

 

Monthly Payment Trends

 

 

Payment Trends Analysis
HOME FURNISHINGS WHOLESALING INDUSTRY SIC: 5023

Account Status
Days Beyond Terms

Date Reported

Industry

Cur

DBT

Business
DBT

Balance

Cur

1-30

31-60

61-90

91+

CURRENT

N/A

N/A

0

$3,300

 

99%

1%

 

 

 

OCT07

87%

5

8

$3,500

 

53%

46%

 

 

1%

SEP07

86%

7

3

$1,700

 

90%

8%

 

2%

 

AUG07

85%

7

1

$1,700

 

98%

 

2%

 

 

JUL07

45%

25

3

$13,100

 

80%

20%

 

 

 

JUN07

45%

25

1

$7,300

 

92%

8%

 

 

 

MAY07

86%

7

0

$2,000

 

100%

 

 

 

 

 

Quarterly Payment Trends

 

 

Payment History - Quarterly Averages

Account Status
Days Beyond Terms

Quarter

Months

DBT

Balance

Cur

1-30

31-60

61-90

91+

Q3 - 07

JUL-SEP

3

$5,500

 

83%

17%

 

 

 

Q2 - 07

APR-JUN

1

$3,100

 

94%

6%

 

 

 

Q1 - 07

JAN-MAR

1

$700

 

96%

4%

 

 

 

Q4 - 06

OCT-DEC

1

$2,400

 

95%

5%

 

 

 

Q3 - 06

JUL-SEP

1

$4,700

 

95%

5%

 

 

 

 

Inquiries

 

 

  Summary of Inquiries

Business
Category

NOV07

OCT07

SEP07

AUG07

JUL07

JUN07

MAY07

APR07

MAR07

COMMUN SVC

 

 

 

 

 

 

 

3

 

 

GENERAL

 

 

 

 

 

1

 

 

 

 

TRANSPORTN

 

 

 

 

 

 

1

 

 

 

Totals

 

 

 

 

1

1

3

 

 

 

UCC Profile

 

The number of UCC Filings is summarized with the 10 most recent listed below.


A full UCC detail report is available within 72 hours by entering UCC-750317868-C032283875 into the Business ID Number field on the BizApps order page.

 

UCC Summary

Filings

Date Range

Year

Cautionary
UCCs**

Total
Filed

Released/
Term'd

Cont

Amended/
Assigned

JUL - PRESENT

 

2007

 

1

 

 

 

JAN - JUN

 

2007

 

 

 

 

 

JUL - DEC

 

2006

 

 

 

 

 

JAN - JUN

 

2006

 

 

 

1

 

JUL - DEC

 

2005

 

2

 

 

 

PRIOR TO JUL

 

2005

1

7

 

1

1

Total

 

1

10

 

2

1

 

** Cautionary UCC Filings include one or more of the following collateral: Accounts, Accounts Receivable, Contracts, Hereafter Acquired Inventory, Leases, Notes Receivable or Proceeds.

 

Back to top

 

UCC Filings

 

 

UCC FILED Date: 08/01/2007

Filing Number: 200700007228058

Jurisdiction: INDIANA SECRETARY OF

Secured Party: TOYOTA MOTOR CREDIT CORPORATION CA TORRANCE 90510 PO BOX 345

Collateral:  


UCC FILED Date: 12/30/2005

Filing Number: 200600000046008

Jurisdiction: INDIANA SECRETARY OF

Secured Party: DIVERSIFIED BUSINESS CREDIT, INC. MN MINNEAPOLIS 55402 651 N

Collateral:  


UCC FILED Date: 09/12/2005

Filing Number: 200500008133567

Jurisdiction: INDIANA SECRETARY OF

Secured Party: ASIF SAYYED TX KATY 77450 1906 SAND HOLLOW LANE

Collateral:  


UCC FILED Date: 07/23/2004

Filing Number: 200400006909131

Jurisdiction: INDIANA SECRETARY OF

Secured Party: TOYOTA MOTOR CREDIT CORPORATION CA TORRANCE 90510 PO BOX 345

Collateral:  


UCC FILED Date: 01/28/2004

Filing Number: 200400000918721

Jurisdiction: INDIANA SECRETARY OF

Secured Party: FIFTH THIRD BANK, CENTRAL INDIANA IN INDIANAPOLIS 46204 251

Collateral:  


UCC FILED Date: 12/10/2003

Filing Number: 200300011429870

Jurisdiction: INDIANA SECRETARY OF

Secured Party: TOYOTA MOTOR CREDIT CORPORATION CA TORRANCE 90510 PO BOX 345

Collateral:  


UCC FILED Date: 12/04/2003

Filing Number: 200300011243167

Jurisdiction: INDIANA SECRETARY OF

Secured Party: FIFTH THIRD BANK, INDIANA IN INDIANAPOLIS 46204 251 N ILLINO

Collateral:  


UCC FILED Date: 07/02/2003

Filing Number: 200300006127910

Jurisdiction: INDIANA SECRETARY OF

Secured Party: CIT VENTURE LEASING FUND LLC IL CHICAGO 60681 PO BOX 811550

Collateral: EQUIP, HEREAFTER AQUIRED PROP, UNDEFINED


UCC CONTINUED Date: 04/11/2006

Filing Number: 200600003392510

Original Filing Date: 06/05/2001

Original Filing Number: 2001000029

Original Filing State: IN

Jurisdiction: INDIANA SECRETARY OF

Secured Party: FIFTH THIRD BANK, INDIANA IN INDIANAPOLIS 46204 251 N ILLINO

Collateral:  


UCC FILED Date: 03/09/1999

Filing Number: 2243447

Jurisdiction: INDIANA SECRETARY OF

Secured Party: THE CITIZENS NATIONAL BANK OF EVANSVILLE IN INDIANAPOLIS 462

Collateral:  

 

Commercial Finance Relationships

 

 

  Leasing Relationships

 

Leasing Company: LEASING SERVICES

Address: CEDAR RAPIDS, 52406-0609

Phone: (319) 365-8000

Origination Date: 08/2007

Original Lease Amount: $18,783

Lease Product Type: OFFICE EQUP

Lease Term: 61 Months

Payment Interval: 12/YEAR

Payment Type: FIXED

Current Scheduled Amount Due: $241

Amount of Overdue Payments: $319

Remaining Balance: $14,783

Late Payments: 0


Leasing Company: LEASING SERVICES

Address: CEDAR RAPIDS, 52406-0609

Phone: (319) 365-8000

Origination Date: 08/2007

Original Lease Amount: $18,783

Lease Product Type: OFFICE EQUP

Lease Term: 61 Months

Payment Interval: 12/YEAR

Payment Type: FIXED

Current Scheduled Amount Due: $241

Amount of Overdue Payments: $0

Remaining Balance: $13,982

Late Payments: 0

 

Company Background Information

 

 

  Additional Company Background Information

 

Key Personnel

Principal(s): 

M A. KHAN, PRESIDENT

 

CHRIS BURKE, MIS MANAGE

 

AZHER KHAN


Primary SIC Code: HOME FURNISHINGS WHOLESALING - 5023

Secondary SIC Code: PIECE GOODS AND NOTIONS - 5131

Additional SIC Code: 5999 - 5399


Number of Employees: 40

Sales: $8,000,000


 

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