MIRA INFORM REPORT

 

 

Report Date :           

04.08.2011

 

IDENTIFICATION DETAILS

 

Name :

ENERGY PARTS SOLUTIONS LLC

 

 

Registered Office :

2001 ProEngery Blvd, Sedalia, MO 65301

 

 

Country :

United States 

 

 

Date of Incorporation :

03.08.2007

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

The company provides equipment and replacement parts for aeroderivative and heavy industrial gas turbine technologies

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

USD 100,000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 


 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

United States 

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 Bottom of Form

 


Comments on the rating:

A Credit line maybe considered                                                                                                                          

 

 

GEOPOLITICS - UNITED STATES

 

POLITICAL DATA

ECONOMIC DATA

Form of Government: Federal


Economic Risk: Normal

Currency: USD

Branch Situation: Stable

 

 

IDENTIFICATION

 

Ordered as:

Energy Parts Solutions

Address in the order:

2031 Proenergy Blvd Sedalia M065301

 

 

Legal Name:

Energy Parts Solutions LLC

 

 

Legal Address

2001 ProEngery Blvd, Sedalia, MO 65301, USA

 

 

Telephone:

+1 (660)-596-7727

ID :

LC0834011

Fax:

+1 (660)-596-7594

Legal Form:

Limited Liability Company

Email:

AeroSales@energy-parts.com

Registered in:

Missouri

Website:

http://www.energy-parts.com

Date Created:

2007

Manager:

Jeffery T. Canon, President

Date Incorporated:

August 3rd, 2007

Staff:

1000

Stock:

NA

 

 

Value:

NA

Activity:

The company provides equipment and replacement parts for aeroderivative and heavy industrial gas turbine technologies.

 

 

BANKS

 

Name of the Bank

JPMORGAN CHASE BANK, N.A., AS

 


BUSINESS

 

HISTORY

 

The company was created in 2007.

PRINCIPAL ACTIVITY

 

The company provides equipment and replacement parts for aeroderivative and heavy industrial gas turbine technologies.

 

Products/Services description:

 

It supplies aeroderivative gas turbine parts, including cables, sensors, pumps, control and vibration items, generator parts, fasteners, hoses, filters, and cleaners; industrial gas and steam turbine parts comprising hot gas path components and hardware, fuel systems, and miscellaneous products, including accessory gear parts, bearings, quill shafts, gears, couplings, deflectors and seals, heat exchangers, insulation packs, and valves; auxiliary package parts that comprise vibration systems and generator parts; and rotable exchange parts, including starters, clutches, nozzles, and VSV control products. The company also supplies equipment, including boilers, chillers, cooling towers, diesel generation sets, gas compressors and turbines, generators, and transformers.

Sales are:

 

Wholesale

Clients:

 

All major aeroderivative and heavy industrial gas turbine technologies.

Operations area:

 

National

The subject employs 1000 employee(s)

LOCATION

Headquarters

 

The company is headquartered at 2031 ProEnergy Blvd, Sedalia, MO 65301, USA

 

Branches:

 

3145 Fall Street, Houston, TX 77054, USA

 

 

Shareholders - Manager - Related Companies

 

Listed at the stock exchange:

 

NO

Shareholders Parent Company(ies):

 

The main shareholder of this company is Jeffery T. Canon.

Management:

 

Jeffery T. Canon, president (provided by the company)

Bob Dodson, director of Equipment & Parts

Keith Kubicek, director of High Voltage Sales

Alex Chacara, director of High Voltage Services

Tim Duncan, manager Aeroderivative Parts

Jim Meyer, manager HIT Parts

Shawn Farrell, inside Sales

 

 

 

Financials - COMMERCIAL TRENDS AND FORECAST

 

As a private company the subject does not publish any financial statements.

We have contacted Sarah who refused to provide us any financial data on grounds of confidentiality.

Legal Fillings

There is one UCC file listed with the Secretary of State of Missouri.

 

There are no legal filings listed with the District Court.

 

THE COMPANY IS NOT LISTED ON THE OFAC LIST.*

 

For information:

 

* The Specially Designated Nationals (SDN) List is a publication of OFAC which lists individuals and organizations with whom United States citizens and permanent residents are prohibited from doing business.

 

 

** The Uniform Commercial Code (UCC) is one of a number of uniform acts that have been promulgated in conjunction with efforts to harmonize the law of sales and other commercial transactions in all 50 states within the United States of America. 

 

The UCC deals primarily with transactions involving personal property (movable property), not real property (immovable property).

 

It allows a creditor to notify other creditors about a debtor’s assets used as collateral for a secured transaction by filing a public notice (financing statement) with a particular filing office.

 

The Uniform Commercial Code Bureau files and maintains on financial obligations (including IRS liens) incurred by individuals (in business as a sole proprietor), business entities and corporations.

 

 

Rating

 

Local credit bureau gave a Correct credit rate.

 

The company is in Good Standing. This means that all local and federal taxes were paid on due date.

 

 Final Opinion

 

This is a big sized US company as it currently has an estimated staff of 1000 employees.

 

It was incorporated for business in 2007. Therefore, it has more than 3 years of experience.

 

It is a global service provider of equipment and replacement parts for all major aeroderivative and heavy industrial gas turbine technologies.

 

There were no legal filings found against the company or its legal representatives.

 

The company maintains a current account with a high profiled bank.

 

Credit line may be considered for USD 100,000-.

 

 

 

SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

Profitability

CORRECT

Public Records

NO

Indebtedness

CONTROLLED

Payments

REGULAR

Cash

NORMAL

 

 



APPENDIX

 

Person Interviewed

 

Sarah

Position

 

Operator

Comments

 

The person we contacted provided us the following information:

 

Addresses

Phone

Creation date

Employees

President

Shareholder

 

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.38

UK Pound

1

Rs.72.21

Euro

1

Rs.62.87

 

 

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

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

----

NB

New Business

----

 

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.