MIRA INFORM REPORT

Report Date :

17.04.2008

IDENTIFICATION DETAILS

Name :	SRC HOLDINGS CORP
Registered Office :	3140 E Division St Springfield, MO 65802-2408
Country :	United States
Date of Incorporation :	12.27.1982
Com. Reg. No.:	853122110
Legal Form :	Private Limited Company
Line of Business :	Internal Combustion Engines

RATING & COMMENTS

MIRA’s Rating :

A

RATING		STATUS	PROPOSED CREDIT LINE
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
NR		In view of the lack of information, we have no basis upon which to recommend credit dealings	No Rating

Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear

Company Information

SRC HOLDINGS CORP
3140 E DIVISION ST
SPRINGFIELD, MO 65802-2408
(417) 862-2337

Business Identification Number:

853122110

File Established:

02/1998

Date of Incorporation:

12/27/1982

SIC code:

INTERNAL COMBUSTION ENGINES, NEC - 3519

Matching Name and Address

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

S R C HOLDINGS CORP
3140 E DIVISION ST SARAH SHIE
SPRINGFIELD, MO 65802

Executive Summary

  Intelliscore for SRC HOLDINGS CORP

77.36

0-32.47

32.48-58.63

58.64-70.19

70.2-77.71

77.72-100

0

100

High risk

Low risk

LOW TO MEDIUM RISK
84% of businesses indicate a higher risk of becoming seriously delinquent than this business

Key score factors:

	NUMBER OF TRADES WITH A HIGH BALANCE TO HIGH CREDIT RATIO
	HISTORY OF SLOW PAYING ACCOUNTS
	SMALL, IF ANY, RATIO OF REGULAR TRADES TO TOTAL TRADES
	NUMBER OF GOOD ACCOUNTS

  Current DBT range compared to all industries*

0 DBT
($5,200 Balance)

0-15

16-50

51+

80%

11%

9%

% of US businesses falling within DBT range

DBT Norms:
All industries: 6 DBT        Same industry: 7 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 12/07)

1

Cautionary UCC filings present?

No

Trade Information

Monthly average DBT:

4

Highest DBT previous 6 months:

8

Highest DBT previous 5 quarters:

8

Total continuous trades:

5

Current continuous trade balance:

$5,200

Trade balance of all trades (10):

$20,000

Average balance previous 5 quarters:

$3,900

Highest credit amount extended: details

$5,300

6 month balance range:

$4,000 - $6,500

* 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.

  7 month DBT trends

90+

60

30

8

6

3

3

5

1

0

0

Sep07

Oct07

Nov07

Dec07

Jan08

Feb08

Current

  Quarterly DBT trends (previous 5 quarters)

90+

60

30

3

4

4

4

2

0

1Q07

2Q07

3Q07

4Q07

1Q08

Performance Analysis

Predicted DBT for 06/11/2008: 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
AIR TRANS	02/2008		NET 30		$0						CUST 3 YR
+BUS SERVCS	04/2008		NET 7	$5,300	$4,000	100%
OFFC SUPPL	04/2008	12/1998	CREDIT		$0
SAFTY PROD	03/2008		NET30		$0						CUST 1 YR
+WAREHOUSE	02/2008	01/2008	CREDIT	$1,200	$1,200	100%

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	5	$6,500	$5,200	100%					DBT: 0
Newly Reported	0								DBT:
Trade Lines Totals	5	$6,500	$5,200	100%					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	10/2006			$100	$100	100%
COMPUTERS	05/2005		CREDIT		$0						CUST 37 YR
+CRED CARD	04/2008	03/2008	CREDIT	$15,100	$14,700	100%					SATSFTRY
FACTOR	05/2005		VARIED		$0
MISC MANUF	03/2006	06/2005	VARIED	$500	$0

Monthly Payment Trends

Payment Trends Analysis
INTERNAL COMBUSTION ENGINES, NEC INDUSTRY SIC: 3519

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

$5,200

100%

FEB08

82%

7

1

$4,700

99%

1%

JAN08

83%

6

5

$4,900

90%

10%

DEC07

82%

6

3

$4,000

94%

6%

NOV07

82%

6

3

$4,000

94%

6%

OCT07

81%

5

6

$4,100

89%

9%

2%

SEP07

80%

7

8

$4,100

87%

9%

2%

2%

Quarterly Payment Trends

Payment History - Quarterly Averages				Account Status Days Beyond Terms
Quarter	Months	DBT	Balance	Cur	1-30	31-60	61-90	91+
Q1 - 08	JAN-MAR	2	$5,400	96%		3%		1%
Q4 - 07	OCT-DEC	4	$4,000	92%		7%		1%
Q3 - 07	JUL-SEP	4	$4,000	93%		5%	1%	1%
Q2 - 07	APR-JUN	4	$3,100	91%		9%
Q1 - 07	JAN-MAR	3	$3,000	93%		7%

UCC Profile

The UCC Filings are summarized and listed below.

UCC Summary		Filings
Date Range	Year	Cautionary UCCs^**	Total Filed	Released/ Term'd	Cont	Amended/ Assigned
JAN - PRESENT	2008
JUL - DEC	2007		1
JAN - JUN	2007
JUL - DEC	2006
JAN - JUN	2006
PRIOR TO JAN	2006
Total			1

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

  UCC Filings

UCC FILED Date: 12/28/2007

Filing Number: 20070142291K

Jurisdiction: MISSOURI SECRETARY O

Secured Party: WILLIAM D. SHEPPARD SP MO 3140 E. DIVISION

Collateral: 

Company Background Information

  Additional Company Background Information

Operating Information

Business Type: Institutions

Primary SIC Code: INTERNAL COMBUSTION ENGINES, NEC - 3519

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