MIRA INFORM REPORT

 

 

Report Date :

06.10.2007

 

IDENTIFICATION DETAILS

 

Name :

USA PARTS &  SERVICE LLC

 

 

Registered Office :

407 North Denver Ave, Loveland, Colorado - 80537                       

 

 

Country :

United States               

 

 

Date of Incorporation :

18/11/2002

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Distributor of gas engine and compressor parts.

 

 

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

 

 


IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name:            USA PARTS &  SERVICE LLC

Address:                       407 NORTH DENVER AVE

City:                             LOVELAND

State/Province:              COLORADO                            

Zip Code:                      80537                       

Country:                                    UNITED STATES               

Telephone:                    970-667-2866                

Facsimile:                     970-667-4338                   

As of:

Sales / Revenue:

Net Income:

Total Equity:

Number of Employees:   8

Legal Form:                   Limited Liability Company

Website:                       usapartsandservice.com

Business Activity:          The Subject is a distributor of gas engine and compressor parts.

 

 

NOTE TO CLIENT

 

NOTE: The address requested is a new branch location for the Firm. The Subject is headquartered at the following address:

 

1205 B Energy St

Gillette, WY 82716

-

Contact Person: Ms. Tina Kalpin, Accounting Manager Ms. Kalpin confirmed the information in this report.

 

 

LEGAL

 

Legal Form:                               Limited Liability Company   

Since (D/M/Y):                           18/11/2002

State/Province of Incorporation:   WY

Status:                                                  ACTIVE

Previous Legal Form:

 

Company is NOT required to publish an annual financial report.

 

The Subject is registered in Wyoming:

 

Name: USA PARTS AND SERVICE LLC

Business Address: 1205B ENERGY ST

GILLETTE, WY 82716

Corporation Number: 2002-000434105

Registered Agent: Barbara Krcil

Registered Office: 1205B ENERGY ST

GILLETTE, WY 82716

Status: Active

Type: DOMESTIC LIMITED LIABILITY COMPANY

File Date: 4/15/02

---

The Subject is qualified in Colorado:

 

Name: USA PARTS AND SERVICE LLC

Business Address: 1205B ENERGY ST

GILLETTE, WY 82716

Corporation Number: 20021319206

Registered Agent: PAUL MCGILL

Registered Office: 7656 S COOK WAY

CENTENNIAL, CO 80122

Status: Good Standing

Type: FOREIGN LIMITED LIABILITY COMPANY

File Date: 11/18/02

 

 

Managers/Key Personnel

 

Mr. Paul McGill                        President

 

 

AFFILIATED ENTITIES

 

There are no affiliates or subsidiaries.

 

 

BANKS

 

Telephone:

Facsimile:

Account Number:

Account Manager:

 

Management declined to provide a primary bank reference, however KEYBANK NATIONAL ASSOCIATION was named as a secured party in business transactions.

 

 

PAYMENT HISTORY

 

 BUSINESS   DATE  LAST  PAYMENT CREDIT   BALANCE  CUR 1-  31- 61-

 CATEGORY   REPTD SALE  TERMS      $        $      %  30  60  90  91+ COMMENTS

 ---------- ----- ----- ------- -------- -------- --- --- --- --- --- --------

 ADVERTISNG 07-09 07-08 0000000 300      100      48  26  26  0   0   CUST  2 YR

 BUS SERVCS 07-09 00-00 NET 7   600      100      0   0   16  84  0

 

 COMPUTERS  07-08 00-00 0000000 4100     0        0   0   0   0   0   CUST  4 YR

 FINCL SVCS 07-07 00-00 VARIED  38200    2200     100 0   0   0   0   SATSFTRY

 FINCL SVCS 07-09 07-07 VARIED  5400     4200     100 0   0   0   0

 PACKAGING  07-09 00-00 NET 30  1200     400      48  52  0   0   0   CUST  5 YR

 SAFTY PROD 07-09 00-00 NET 30  700      0        0   0   0   0   0   CUST  2 YR

 AIR TRANS  06-10 06-10 0000000 2100     2100     1   99  0   0   0   CUST  4 YR

 AIR TRANS  06-11 00-00 NET 30  600      0        0   0   0   0   0   CUST  1 YR

 LEASING    07-06 00-00 CONTRCT 9000     0        0   0   0   0   0   CUST  4 YR

 TELECOM    06-02 00-00 NET 30  200      100      100 0   0   0   0   CUST  3 YR

 CURRENT QUARTER                50500    7000     96  3   0   1   0

 

 Payment Trends

            INDUSTRY     BUSINESS        BALANCE  CUR 1-  31- 61-

 DATE      CUR    DBT       DBT             $      %  30  60  90  91+

 --------  ---    ---       ---          -------- --- --- --- --- ---

 20070900  0      12        1            7800     98  0   2   0   0

 20070800  0      5         4            8500     89  4   6   1   0

 20070700  0      5         1            7100     94  5   1   0   0

 20070600  0      5         2            7700     97  0   2   1   0

 20070500  0      5         3            9900     94  0   5   1   0

 20070400  0      5         2            9000     96  1   3   0   0

 

 Payment History - Quarterly Averages

                                         BALANCE  CUR 1-  31- 61-

 QUARTER  YEAR              DBT             $      %  30  60  90  91+

 -------- ------            ---          -------- --- --- --- --- ---

 Second   2007              2            8200     94  2   3   1   0

 First    2007              2            9000     96  1   3   0   0

 Fourth   2006              1            15600    97  2   1   0   0

 Third    2006              1            12300    96  3   1   0   0

 Second   2006              2            15700    92  7   1   0   0

 

 

FINANCIAL INFORMATION

 

The Firm was forwarded a fax requesting financial information. Currently we have not received a response.

 

 

CURRENT OPERATIONS

 

NAICS Code:   4219      Miscellaneous Durable Goods Wholesalers

 

Number of Employees: 8  

 

Business Activity:

The Subject is a distributor of gas engine and compressor parts.

 

The Firm distributes gas engine and compressor parts. The Subject supplies parts for the maintenance and operation of more than 400,000 HP of natural gas engine driven compressors and generators. They represent brands like Ajax, Bosch, Impco, and more.

 

Headquarters:    1205 B Energy St

                        Gillette, WY 8271

                        Tel: 307-682-5418

                        Fax: 307-682-5419

Additional branch:  6291 W. Yellowstone HWY

                            Casper, WY 82604

 

The headquarters location and branches are leased office buildings.

 

 

PUBLIC RECORD

 

FILING INFORMATION

Filing Number:  200216388742

Filing Date:  08/26/2002

Filing Type:  ORIGINAL

Filing Office:  SECRETARY OF STATE/UCC DIVISION

200 W 24TH ST

CHEYENNE, WY 82002

DEBTOR INFORMATION

Debtor(s):  USA PARTS &  SERVICE LLC

3281 LE TOURNEAU DRIVE

GILLETTE, WY 82718

SECURED PARTY OR CREDITOR INFORMATION

Secured Party(s):  KEYBANK NATIONAL ASSOCIATION

9250 S. ARAPAHOE RD.

ENGLEWOOD, CO 80112

COLLATERAL INFORMATION

Collateral Type:  UNSPECIFIED

---

FILING INFORMATION

Filing Number:  200216388641

Filing Date:  08/26/2002

Filing Type:  ORIGINAL

Filing Office:  SECRETARY OF STATE/UCC DIVISION

200 W 24TH ST

CHEYENNE, WY 82002

DEBTOR INFORMATION

Debtor(s):  USA PARTS &  SERVICE LLC

3281 LE TOURNEAU DRIVE

GILLETTE, WY 82718

SECURED PARTY OR CREDITOR INFORMATION

Secured Party(s):  KEYBANK NATIONAL ASSOCIATION

9250 S. ARAPAHOE RD.

ENGLEWOOD, CO 80112

COLLATERAL INFORMATION

Collateral Type:  UNSPECIFIED

---

FILING INFORMATION

Filing Number:  200629831136

Filing Date:  08/03/2006

Expiration Date:  08/03/2011

Filing Type:  ORIGINAL

Filing Office:  SECRETARY OF STATE/UCC DIVISION

200 W 24TH ST

CHEYENNE, WY 82002

DEBTOR INFORMATION

Debtor(s):  USA PARTS &  SERVICE LLC

1205-B ENERGY ST.

GILLETTE, WY 82716

SECURED PARTY OR CREDITOR INFORMATION

Secured Party(s):  DAIMLERCHRYSLER FINANCIAL SERVICES AMERICAS LLC

1011 WARRENVILLE RD, SUITE 600

LISLE, IL 60532

COLLATERAL INFORMATION

Collateral Type:  VEHICLES

---

FILING INFORMATION

Filing Number:  200630746129

Filing Date:  11/07/2006

Expiration Date:  11/07/2011

Filing Type:  ORIGINAL

Filing Office:  SECRETARY OF STATE/UCC DIVISION

200 W 24TH ST

CHEYENNE, WY 82002

DEBTOR INFORMATION

Debtor(s):  USA PARTS &  SERVICE LLC

1205-B ENERGY ST.

GILLETTE, WY 82716

SECURED PARTY OR CREDITOR INFORMATION

Secured Party(s):  DAIMLERCHRYSLER FINANCIAL SERVICES AMERICAS LLC

1011 WARRENVILLE RD, SUITE 600

LISLE, IL 60532

COLLATERAL INFORMATION

Collateral Type:  VEHICLES

---

FILING INFORMATION

Filing Number:  200732085230

Filing Date:  03/12/2007

Expiration Date:  08/26/2012

Filing Type:  CONTINUATION

Filing Date of Related Filing:  08/26/2002

Filing Office:  SECRETARY OF STATE/UCC DIVISION

200 W 24TH ST

CHEYENNE, WY 82002

DEBTOR INFORMATION

Debtor(s):  USA PARTS &  SERVICE LLC

3281 LE TOURNEAU DRIVE

GILLETTE, WY 82718

SECURED PARTY OR CREDITOR INFORMATION

Secured Party(s):  KEYBANK NATIONAL ASSOCIATION

9250 S. ARAPAHOE RD.

ENGLEWOOD, CO 80112

---

FILING INFORMATION

Filing Number:  200732085129

Filing Date:  03/12/2007

Expiration Date:  08/26/2012

Filing Type:  CONTINUATION

Filing Date of Related Filing:  08/26/2002

Filing Office:  SECRETARY OF STATE/UCC DIVISION

200 W 24TH ST

CHEYENNE, WY 82002

DEBTOR INFORMATION

Debtor(s):  USA PARTS &  SERVICE LLC

3281 LE TOURNEAU DRIVE

GILLETTE, WY 82718

SECURED PARTY OR CREDITOR INFORMATION

Secured Party(s):  KEYBANK NATIONAL ASSOCIATION

9250 S. ARAPAHOE RD.

ENGLEWOOD, CO 80112

---

No tax liens, judgments or bankruptcy filings were found under the Subject's name.

 

 

GENERAL COMMENTS

 

The Firm is a distributor of gas compressor parts. Payment history indicates that the Subject, on average, makes timely payments. Legal indicate no negative litigation taken against the Subject.


 

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