MIRA
INFORM REPORT
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Report Date : |
24.04.2008 |
IDENTIFICATION
DETAILS
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Name : |
APPOLO DISTRIBUITOR INC |
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Registered Office : |
Road 115 Km 21,9 (PO: 00602) Barrio Guayabo, Puerto Rico |
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Country : |
Republic of Puerto Rico. |
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Date of Incorporation : |
1988 |
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Legal Form : |
Corporation |
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Line of Business : |
General Goods Distribution Commercialization |
RATING &
COMMENTS
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MIRAs 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 : |
Clear |
Registered
Name
APPOLO
DISTRIBUITOR INC
IMP. Nš 5281665
Summary
INCORPORATED IN 1988. BEGINNER OF ACTIVITIES. CATEGORICAL REFUSAL FROM
ITS REPRESENTATIVES TO SUPPLY INFORMAITON. MODEST LEVEL OF IMPORTANCE. IT
DOESN'T REGISTER NEGATIVE. FIT FOR MODERATE CREDITS WITH THE ADOPTION OF
APPROPRIATE GUARANTEES.
Operations
GENERAL GOODS
DISTRIBUTION
COMMERCIALIZATION
Legal Structure
Business type:
Corporation
Incorporated: 1988
Registered: 1988
Duration: 99 years
End of fiscal year: December 31st
Contact
Mr. Alpolanio Muņiz
Legal and Operative address: Road 115 Km 21,9 (PO: 00602) Barrio Guayabo,
Puerto Rico, Republic of Puerto Rico.
Phone: 001 787.868 8004
E-mail: apolodistribuitor@yahoo.com
Partners
General Manager: ALPOLANIO MUŅIZ
He is in charge of the social signature use.
History
Categorical refusal from its representatives
to supply information.
According to our investigations with third parties, the company is beginner of
activities and was incorporated in the course of 1988.
Economic-Financial Position
Consulted sources said that the company operates with a modest level of
importance and doesn't register negative elements.
Assets
It is owner of the property located in the previously exposed address
and of 2 2 pick ups Ford F-350, which have a good realization value.
Evolution and Results
It is engaged in the distribution of general
goods, making some imports from USA.
It operates in the previously exposed address, where it has an acceptable
operating structure.
Its activities are led by the main director, who work together with 4
employees.
It has a modest level of importance and stable perspectives.
Payment Record and Credit
Risk
BANK:
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BANCO POPULAR DE PUERTO RICO Branch: Guayabo
INSURANCE:
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No details were obtained.
Concept
Up to now it doesn't register negative records and complies in due time
the commitments taken.
* FULFILLMENT: WITHOUT OBJECTIONS
Final Opinion
What has been exposed hereby is all as
regards this company. We consider feasible the credit treatment with this
company with the adoption of appropriate guarantees.
* FIT FOR MODERATE CREDITS WITH THE ADOPTION OF APPROPRIATE GUARANTEES
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 SCs 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%)