MIRA INFORM REPORT

 

 

Report Date :

30.01.2008

 

IDENTIFICATION DETAILS

 

Name :

JCR CRANE INC

 

 

Registered Office :

5206 N Main ST, Baytown, TX 77521-9671

 

 

Country :

United States

 

 

Date of Incorporation :

18.07.2007

 

 

Com. Reg. No.:

856457507

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Institutions

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Slow by 10 days

 

 

Litigation :

Clear

 

 

 

Company Information

 

 

JCR CRANE INC
5206 N MAIN ST
BAYTOWN, TX 77521-9671
(281) 839-1115

Business Identification Number:

856457507

File Established:

01/1991

Date of Incorporation:

07/18/2001

SIC code: 

BUSINESS SERVICES, NEC - 7389

Tax ID:

76-0325633

 

Executive Summary

 

 

  Intelliscore for JCR CRANE INC

 

 

18.80

 

 

0-32.47

32.48-58.63

58.64-70.19

70.2-77.71

77.72-100

0

 

100

 

High risk

Low risk


                             HIGH RISK


8% of businesses indicate a higher risk of becoming seriously delinquent than this business

Key score factors:

NUMBER OF DEROGATORY PUBLIC RECORD ACCOUNTS

NUMBER OF RECENT COLLECTION ACCOUNTS

NUMBER OF DELINQUENT OR DEROGATORY ACCOUNTS

RECENT BALANCES ON JUDGMENTS



  Current DBT range compared to all industries*

10 DBT
($5,400 Balance)

 

 

 

 

 

 

0-15

16-50

51+

80%

11%

9%

% of US businesses falling within DBT range

DBT Norms:


All industries: 6 DBT        Same industry: 6 DBT

 

 

Legal Filings and Collections

Bankruptcy filings:

0

Tax lien filings: details (FILED 05/06)

1

Judgment filings: details (FILED 12/07)

1

Total collections: details (PLACED 12/04-12/07)

3

Sum of legal filings:

$10,767

UCC filings: details (FILED 01/02-11/07)

25

Cautionary UCC filings present?

Yes**



Trade Information

Monthly average DBT:

13

Highest DBT previous 6 months:

17

Highest DBT previous 5 quarters:

27

Total continuous trades:

14

Current continuous trade balance:

$5,400

Trade balance of all trades (25):

$146,600

Average balance previous 5 quarters:

$11,280

Highest credit amount extended: details

$40,800

6 month balance range:

$5,400 - $9,200

* 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 Receivables, Contract Rights, Hereafter Acquired Property, Inventory, Leases, Notes Receivable or Proceeds.

  7 month DBT trends

 

90+

60

30

 


12

 


14

 


14

 


17

 


17

 


9

 


10

 

0

Jul07

Aug07

Sep07

Oct07

Nov07

Dec07

Current

 

  Quarterly DBT trends (previous 5 quarters)

 

90+

60

30

 


27

 


8

 


11

 


13

 


15

 

0

 

4Q06

 

1Q07

 

2Q07

 

3Q07

 

4Q07

 

 

 

 

 

Performance Analysis

 

Predicted DBT for 03/26/2008: 10 DBT

Payment Trend Indication:
Show No Identifiable Trend

Industry payment comparison:
Has paid slower than 75% of similar firms

Most Frequent Industry Purchasing Terms:
NET 30, CREDIT, and 0000000

 

 

Back to top

 

Legal Filings and Collections

 

 

  Collections

Date
Placed

Status

Original
Balance

Outstanding
Balance

Date
Closed

Agency

Agency
Phone

12/2007

Open Account

$4,811

 

$4,811

 

 

STUART, ALLAN & ASSOC.

(000) 000-0000

08/2006

Paid in Full

$1,805

 

$0

 

08/2006

NEWTON & ASSOCIATES

(800) 509-6060

12/2004

Closed, Uncollected

$96

 

$76

 

02/2005

CLOVIS & ROCHE

(504) 831-3030

 

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  Tax Liens

File
Date

Filing
Type

Status

Amount

Filing
Number

Jurisdiction

06/16/2006

State Tax Lien

Released

$1,168

 

7605066152501001

HARRIS COUNTY CLERK

05/26/2006

State Tax Lien

Filed

$1,168

 

7605066152501001

HARRIS COUNTY CLERK

 

 

 

 

  Judgments

File
Date

Filing
Type

Status

Amount

Plaintiff

Filing
Number

Jurisdiction

12/19/2007

Judgment

Filed

$9,599

 

SUN COAST RESOURCES INC

891184

HARRIS COUNTY COURT-

 

 

 

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

 ADVERTISNG

01/2008

 

NET 30

 

 

$0

 

 

 

 

 

CUST 5 YR

 COMPUTERS

01/2008

04/2002

CREDIT

 

 

$0

 

 

 

 

 

 

 CONST MACH

12/2007

 

VARIED

 

$400

$0

 

 

 

 

 

 

-DISTRIBUTR

12/2007

 

NET30

 

$7,200

$300

 

 

 

 

100%

 

 EQUIPMENT

01/2008

 

CASH

 

 

$0

 

 

 

 

 

CUST 2 YR

 EQUIPMENT

11/2007

 

NET 30

 

 

$0

 

 

 

 

 

 

 EQUIPMENT

01/2008

08/2006

NET 30

 

$1,200

$0

 

 

 

 

 

 

 FACTOR

01/2008

10/2002

NET 30

 

 

$0

 

 

 

 

 

CUST 6 YR

=FINCL SVCS

12/2007

10/2007

CONTRCT

 

$40,800

$5,100

84%

8%

8%

 

 

30 DYS SLO

 INDUS MACH

12/2007

 

NET 30

 

$4,500

$0

 

 

 

 

 

 

 INDUS MACH

11/2007

 

NET30

 

 

$0

 

 

 

 

 

 

 INDUS SUPL

12/2007

06/2006

COD

 

$7,000

$0

 

 

 

 

 

CUST 7 YR

 PACKAGING

09/2007

 

NET 30

 

 

$0

 

 

 

 

 

CUST 3 YR

 TRANSPORTN

01/2008

 

NET 30

 

 

$0

 

 

 

 

 

PROMPT

 

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

14

 

 

$61,100

$5,400

79%

8%

8%

 

5%

DBT: 10

Newly Reported

0

 

 

 

 

 

 

 

 

 

DBT:  

Trade Lines Totals

14

 

 

$61,100

$5,400

79%

8%

8%

 

5%

DBT: 10

 

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

08/2005

08/2005

 

 

<$100

$0

 

 

 

 

 

 

 AIR TRANS

11/2006

 

NET 30

 

 

$0

 

 

 

 

 

CUST 2 YR

 COMPUTERS

05/2005

 

CREDIT

 

 

$0

 

 

 

 

 

CUST 37 YR

-CONST MACH

07/2007

03/2007

N10PROX

 

$400

$100

1%

1%

1%

1%

96%

 

 FINCL SVCS

07/2005

 

VARIED

 

$300

$0

 

 

 

 

 

CUST 3 YR

+FRGHT FWRD

01/2007

01/2007

NET 15

 

$2,700

$100

100%

 

 

 

 

SATSFTRY

 INDUS MACH

07/2006

 

NET

 

$18,800

$0

 

 

 

 

 

 

-LEASING

02/2005

 

NET 30

 

$33,900

$33,900

18%

18%

18%

18%

28%

 

+LEASING

05/2006

 

CONTRCT

 

$170,600

$107,100

50%

50%

 

 

 

 

 NEWSPAPERS

09/2006

 

NET 30

 

$2,000

$0

 

 

 

 

 

 

 TEMP HELP

03/2005

 

NET 7

 

 

$0

 

 

 

 

 

 

 

Monthly Payment Trends

 

 

Payment Trends Analysis
BUSINESS SERVICES, NEC INDUSTRY SIC: 7389

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

10

$5,400

 

79%

8%

8%

 

5%

DEC07

87%

6

9

$5,600

 

81%

7%

7%

 

5%

NOV07

87%

6

17

$6,200

 

84%

 

 

 

16%

OCT07

89%

5

17

$7,900

 

77%

5%

5%

 

13%

SEP07

89%

5

14

$7,900

 

85%

2%

 

 

13%

AUG07

89%

5

14

$7,700

 

87%

 

 

 

13%

JUL07

90%

4

12

$9,100

 

89%

 

 

 

11%

 

Quarterly Payment Trends

 

 

Payment History - Quarterly Averages

Account Status
Days Beyond Terms

Quarter

Months

DBT

Balance

Cur

1-30

31-60

61-90

91+

Q4 - 07

OCT-DEC

15

$6,500

 

80%

4%

4%

 

12%

Q3 - 07

JUL-SEP

13

$8,200

 

88%

 

 

 

12%

Q2 - 07

APR-JUN

11

$10,000

 

88%

2%

 

 

10%

Q1 - 07

JAN-MAR

8

$11,900

 

92%

 

 

1%

7%

Q4 - 06

OCT-DEC

27

$19,800

 

70%

3%

1%

4%

22%

 

Inquiries

 

 

  Summary of Inquiries

Business
Category

JAN08

DEC07

NOV07

OCT07

SEP07

AUG07

JUL07

JUN07

MAY07

BANK

 

 

 

 

 

 

 

 

1

CREDTUNION

1

 

 

 

 

 

 

 

 

DISPOSAL

 

 

 

 

 

 

 

 

1

EQUIP LEAS

 

 

 

 

 

 

 

1

 

GENERAL

2

 

1

 

1

1

 

2

1

Totals

3

 

1

 

1

1

 

3

3

UCC Profile

 

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

A full UCC detail report is available the same business day by entering UCC-856457507-C032593823
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

JAN - PRESENT

 

2008

 

 

 

 

 

JUL - DEC

 

2007

 

4

1

1

1

JAN - JUN

 

2007

 

 

1

 

 

JUL - DEC

 

2006

 

 

 

2

 

JAN - JUN

 

2006

 

1

 

 

2

PRIOR TO JAN

 

2006

6

20

3

 

3

Total

 

6

25

5

3

6

 

** 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: 11/28/2007

Filing Number: 0700403353

Jurisdiction: SEC OF STATE TEXAS

Secured Party: COMMERCIAL EQUIPMENT LEASE CORPORATION OR EUGENE 97401 2292

Collateral:  


UCC FILED Date: 11/16/2007

Filing Number: 0700391927

Jurisdiction: SEC OF STATE TEXAS

Secured Party: ENTERPRISE FUNDING GROUP MI GRAND RAPIDS 49534 4308 THREE MI

Collateral:  


UCC AMENDED Date: 11/29/2007

Filing Number: 0700404235

Original Filing Date: 11/16/2007

Original Filing Number: 0700391927

Original Filing State: TX

Jurisdiction: SEC OF STATE TEXAS

Secured Party: ENTERPRISE FUNDING GROUP MI GRAND RAPIDS 49534 4308 THREE MI

Collateral:  


UCC FILED Date: 09/20/2007

Filing Number: 0700323157

Jurisdiction: SEC OF STATE TEXAS

Secured Party: TEREX CORPORATION CT WESTPORT 06880 200 NYALA FARM RD

Collateral:  


UCC FILED Date: 07/20/2007

Filing Number: 0700245264

Jurisdiction: SEC OF STATE TEXAS

Secured Party: LCA, LEASE CORPORATION OF AMERICA MI TROY 48083 3150 LIVERNO

Collateral: UNDEFINED


UCC TERMINATED Date: 09/13/2007

Filing Number: 0700313962

Original Filing Date: 07/20/2007

Original Filing Number: 0700245267

Original Filing State: TX

Jurisdiction: SEC OF STATE TEXAS

Secured Party: ENTERPRISE FUNDING GROUP MI GRAND RAPIDS 49534 4308 THREE MI

Collateral:  


UCC TERMINATED Date: 02/26/2007

Filing Number: 0700064366

Original Filing Date: 09/11/2006

Original Filing Number: 0600301999

Original Filing State: TX

Jurisdiction: SEC OF STATE TEXAS

Secured Party: GEORGE R SPEAKS TX HOUSTON 77037 221 W CANINO

Collateral:  


UCC FILED Date: 05/05/2006

Filing Number: 0600154962

Jurisdiction: SEC OF STATE TEXAS

Secured Party: PENTECH FINANCIAL SERVICES, INC. CA CAMPBELL 95008 910 E. HA

Collateral:  


UCC FILED Date: 11/29/2005

Filing Number: 0500365465

Jurisdiction: SEC OF STATE TEXAS

Secured Party: THE CIT GROUP/EQUIPMENT FINANCING, INC. AZ TEMPE 85285 1540

Collateral: EQUIP, HEREAFTER AQUIRED PROP, UNDEFINED


UCC FILED Date: 05/13/2005

Filing Number: 0500151164

Jurisdiction: SEC OF STATE TEXAS

Secured Party: THE CIT GROUP/EQUIPMENT FINANCING, INC. AZ TEMPE 85285 1540

Collateral: EQUIP, HEREAFTER AQUIRED PROP, UNDEFINED

 

Commercial Finance Relationships

 

 

  Leasing Relationships

 

Leasing Company: SCOTT FINANCIAL SERVICES

Address: MONROE, LA, LA 71201- 0

Phone: (318) 388-9251

Origination Date: 06/2001

Original Lease Amount: $97,326

Lease Product Type: EQUIPMENT

Lease Close Date: 06/2005

Lease Term: Undisclosed

Payment Interval: 2/YEAR

Payment Type: FIXED

Current Scheduled Amount Due: $0

Amount of Overdue Payments: $0

Remaining Balance: $0

Current Payments: 13

Late Payments: 35

 

Company Background Information

 

 

  Corporate Registration

 

THE FOLLOWING INFORMATION WAS PROVIDED BY THE STATE OF TEXAS

State of Origin: TX

Date of Incorporation: 07/18/2001

Current Status: Inactive


Business Type: Institutions - Profit

Charter Number: 0117332900

Federal Tax ID: 76-0325633

State Tax ID: 17603256334


Agent: M B MERRILL

 

Back to top

 

  Additional Company Background Information

 

Key Personnel

Principal(s): 

JAY ROY, OWNER

 

TANA BRUNLEY

 

BOB HINDE, FINANCE MA


Operating Information

Business Type: Institutions


Primary SIC Code: BUSINESS SERVICES, NEC - 7389

Secondary SIC Code: INDUSTRIAL MACHINERY AND EQUIPMEN - 5084

Additional SIC Code: 5082 - 3536


Number of Employees: 15

 

 

 

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