MIRA
INFORM REPORT
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Report Date : |
17.10.2008 |
IDENTIFICATION
DETAILS
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Name : |
PECOS TRADING CORP |
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Registered Office : |
7771 NW 146th Street, Miami Lakes, FL
33016 |
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Country : |
United States |
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Date of Incorporation : |
02.05.2003 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Wholesales Wines and Distilled Beverages |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 50,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
ADVISED CREDIT
50,000 USD
GEOPOLITICS
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POLITICAL DATA |
ECONOMIC DATA |
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FORM OF GOVERNMENT ECONOMIC RISK |
Federal
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CURRENCY BRANCH SITUATION |
USD Satisfying |
IDENTIFICATION
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Company Name: |
Pecos Trading Corp. Dba Pisco Montesierpe |
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Address: |
7771 NW 146th Street, Miami Lakes,
FL 33016, USA |
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Phone: Facsimile: ID: State: Managers: |
+ 1 (786) 313-0077 + 1 (786) 313-0080 P03000013994 Florida Ari Loebl, President |
Date founded: |
02/05/2003
Corporation for Profit N.A. N.A. 8 employees |
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Legal form: |
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Stock: Value: |
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Staff: |
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Business: |
Wholesales wines and distilled beverages |
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BANKS
Wachovia
BUSINESS
Operations:
Pecos Trading Corp. also
does business as Pisco Montesierpe.
The company is a wholesaler
of wine and distilled beverage located in Miami Lakes, Florida.
This is a family owned
company.
Industry Overview:
The output of US wineries is forecast to grow at an annual compounded
rate of 2.9 percent between 2007 and 2012.
Demand for wine is driven by the restaurant and hotel industries, the
level of business entertainment spending, and consumer income. A winery's
profitability depends on production volume and sales price, both of which can
vary from year to year.
Large companies have stronger distribution channels. There are large
economies of scale in production. Small wineries can compete with big-volume
producers by making higher-quality winners that sell at a premium price.
SHAREHOLDERS – SUBSIDIARIES
– MANAGERS
The directors of the
company are:
Ari Loebl, President,
Elena Loebl, Secretary.
The Loebl family is the
main shareholder.
FINANCIALS – COMMERCIAL TRENDS
AND FORECAST
As a private company, Pecos
Trading Corp. does not publish any financials.
However our source provide us with the following information :
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Fiscal Year USD |
12/31/2007 |
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Turnover
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1,530,000 |
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Operating
Profit |
56,000 |
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Net
Income |
43,000 |
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Net
Worth |
90,000 |
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Liabilities |
30,000 |
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LEGALS
0 Suits
0 Judgments
0 Liens
0 Collection Claims
Reported
0 NSF Cheques Reported
0 UCC Filings
RATING
Local credit bureau gave a
medium credit rate.
The Company is in “good
standing”.
This means only that all
local and federal taxes were paid on due date.
Payments are made on a 50
days basis.
The cash is good.
Our final opinion:
This is a small company
worldwide.
A credit line may be
considered.
A business connection may
be conducted.
SUMMARY
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FINANCIAL SUMMARY |
DEBT COLLECTIONS
AND PAYMENTS |
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PROFITABILITY INDEBTNESS CASH |
Low Controlled Good |
PUBLIC RECORDS PAYMENTS |
No Regular |
ADVISED CREDIT
50,000 USD
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.48.68 |
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UK Pound |
1 |
Rs.84.37 |
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Euro |
1 |
Rs.65.70 |
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%)