MIRA
INFORM REPORT
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Report Date : |
14.09.2007 |
IDENTIFICATION DETAILS
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Name : |
COKER
INTERNATIONAL, L.L.C. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
29/06/2000 |
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Legal Form : |
Limited Liability
Company |
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Line of Business : |
Distributor of
used textile machinery. |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Exists |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: COKER
INTERNATIONAL, L.L.C.
Address:
City:
State/Province:
Zip Code: 29611
Country: UNITED
STATES
Telephone: 864
287-5000
Facsimile: 864
287-5300
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees:
35
Legal Form: Limited
Liability Company
Website: www.cokerinternational.co
Business Activity: The Firm is engaged as a distributor of
used textile machinery.
NOTE TO CLIENT
PERSON
CONTACTED Mr. Don
Crossley, Controller
Mr. Crossley
cofirmed the information in this report. He declined to provide trade
references, financial or banking information.
LEGAL
Legal Form: Limited Liability
Company
Since (D/M/Y): 29/06/2000
State/Province of
Incorporation: SC
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
The Firm is
incorporated in the state of
LEGAL NAME COKER INTERNATIONAL, L.L.C.
DOMESTIC /
FOREIGN: Domestic
STATUS: Good Standing
STATE OF
INCORPORATION/ORGANIZATION:
REGISTERED AGENT INFORMATION
REGISTERED AGENT
NAME: CATHERINE H COKER
ADDRESS:
CITY:
STATE: SC
ZIP: 29625 0000
FILE DATE: 06/29/2000
EFFECTIVE DATE: 06/29/2000
Managers/Key
Personnel
Mr. Jack Coker President
Mr. Jackson C
Coker Vice President
AFFILIATED ENTITIES
There are no
affiliates or subsidiaries.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
Management decline to
provide the name of the primary bank, however First South Bank is listed as a
secured party for financing in public.
PAYMENT HISTORY
No payment history
could be obtained under the Subject's name.
FINANCIAL INFORMATION
Management declined
to provide financial statements and outside sources provided no insight into
the financial condition of the Subject.
CURRENT OPERATIONS
NAICS Code: 333292
Textile Machinery Manufacturing
SIC Code: 3552
Number of
Employees: 35
Business Activity:
The Firm is engaged
as a distributor of used textile machinery.
The above address is
the sole location for the Firm, the facility is approximately 850,000 square
feet.
TRADE REFERENCES
Management declined to
provide the names of vendors used by the Company. Therefore trade references
cannot be furnished.
PUBLIC RECORD
Name Searched: COKER
INTERNATIONAL LLC
Debtor Address:
COKER INTERNATIONAL, LLC
Secured Parties: CAROLINA
FIRST BANK
Filing Date:
4/2/2001
Filing Number:
010402-113909A
Filing Type: INITIAL
FILING
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Name Searched: COKER
INTERNATIONAL LLC
Debtor Address:
COKER INTERNATIONAL LLC
Secured Parties:
REGIONS BANK
Filing Date:
8/28/2003
Filing Number:
030828-1052314
Filing Type: INITIAL
FILING
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Name Searched: COKER
INTERNATIONAL LLC
Debtor Address:
COKER INTERNATIONAL, L.L.C.
Secured Parties: COKER/ASHLAND
EQUIPMENT LLC
Filing Date:
12/11/2003
Filing Number:
031211-1320145
Filing Type: INITIAL
FILING
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Name Searched: COKER
INTERNATIONAL LLC
Debtor Address:
COKER INTERNATIONAL, LLC
Secured Parties:
FIRST
Filing Date:
5/17/2007
Filing Number:
070517-1252381
Filing Type: INITIAL
FILING
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Name Searched: COKER
INTERNATIONAL LLC
Debtor Address:
COKER INTERNATIONAL LLC
Secured Parties:
FIRST SOUTH BANK MAIN OFFICE
Filing Date:
10/5/2005
Filing Number:
051005-0908281
Filing Type: INITIAL
FILING
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Name Searched: COKER
INTERNATIONAL LLC
Debtor Address:
COKER INTERNATIONAL, LLC
Secured Parties:
CAROLINA FIRST BANK
Filing Date:
6/18/2003
Filing Number:
030618-1504237
Filing Type:
AMENDMENT
Original Filing
Number: 030508-1111148
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Name Searched: COKER
INTERNATIONAL LLC
Debtor Address:
COKER INTERNATIONAL LLC
Secured Parties:
REGIONS BANK
Filing Date:
12/15/2003
Filing Number:
031215-1024413
Filing Type:
TERMINATION
Original Filing
Number: 030828-1052314
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Name Searched: COKER
INTERNATIONAL LLC
Debtor Address:
COKER INTERNATIONAL LLC
Secured Parties:
ASSOCIATES COMMERCIAL CORPORATION
Filing Date:
5/14/2001
Filing Number:
010514-114224A
Filing Type: INITIAL
FILING
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Name Searched: COKER
INTERNATIONAL LLC
Debtor Address:
COKER INTERNATIONAL, LLC
Secured Parties: EPK
FINANCIAL CORPORATION
Filing Date:
9/24/2001
Filing Number:
010924-120044A
Filing Type: INITIAL
FILING
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Name Searched: COKER
INTERNATIONAL LLC
Defendant: Coker, Jackson
Coker International
LLC
Filing Date:
9/6/2002
Filing Type: Civil
Plaintiff Counsel:
Climons, Larrie Darnell [COR LD NTC PRO SE]
Plaintiff: Climons,
Larrie Darnell
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Name Searched: COKER
INTERNATIONAL LLC
Debtor Address:
COKER INTERNATIONAL LLC
Secured Parties:
ASSOCIATES COMMERCIAL CORPORATION
Filing Date:
6/12/2001
Filing Number:
010612-110742C
Filing Type: INITIAL
FILING
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Name Searched: COKER
INTERNATIONAL LLC
Defendant Counsel:
Henthorne, D Michael [COR LD NTC]
McNair Law Firm
864-226-1688 Fax:
864-224-1271 Email: Mhenthorne@mcnair.net
Defendant: Cross,
Miguel A Banda
Coker International
LLC
Bantex International
Inc
Banda, Miguel A
CLAIMANT: Coker
International LLC Cross
Filing Date:
2/15/2005
Filing Type: Civil
Plaintiff Counsel:
Clauer, George L, III [COR LD NTC]
Skinner and
Associates
864-232-2007 Fax:
864-232-8496 Email: Gc_bklaw@bellsouth.net
Plaintiff: Fabrica
La Estrella SA De CV
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Name Searched: COKER
INTERNATIONAL LLC
Debtor Address:
COKER INTERNATIONAL, LLC
Secured Parties:
CAROLINA FIRST BANK
Filing Date:
5/8/2003
Filing Number:
030508-1111148
Filing Type: INITIAL
FILING
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Name Searched: COKER
INTERNATIONAL LLC
Debtor Address:
COKER INTERNATIONAL, LLC
Secured Parties: CAROLINA
FIRST BANK
Filing Date:
9/7/2001
Filing Number:
010907-130920A
Filing Type: INITIAL
FILING
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Name Searched: COKER
INTERNATIONAL LLC
Party Address:
Amount: $ 132,573
Creditor: TEXFI
JOINT VENTURE SB CAPITAL G
Debtors: COKER
INTERNATIONAL LLC
Entered: 07/15/2004
Number: 2004CP042153
Type: CIVIL JUDGMENT
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A search of
bankruptcy courts revealed no record of the Subject filing for bankruptcy.
GENERAL COMMENTS
Coker International,
LLC is an established incorporated in 2000. The Firm is engaged as a
distributor of second hand textile machinery. No payment history could be
obtained. There are several civil suits filed against the company, the status
is uncertain as no further information is currently available at this time. No
bankruptcy petitions have been filed by the company.
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. |
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%)