MIRA INFORM REPORT

 

 

Report Date :

26.02.2011

 

IDENTIFICATION DETAILS

 

Name :

MACLUBE OIL CO

 

 

Registered Office :

10018 River Road Saint Rose LA 70087

 

 

Country :

United States

 

 

Date of Incorporation :

30.11.2009

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

Automotive Lubricants

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Regular

 

 

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 – June 30, 2010

 

Country Name

Previous Rating

                   (01.04.2010)                  

Current Rating

(30.06.2010)

United States

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

GEOPOLITICS - UNITED STATES

 

POLITICAL DATA

ECONOMIC DATA

Form of Government: Federal


Economic Risk: Nil

Currency: USD

Branch Situation: Difficult

 

 

IDENTIFICATION

 

Ordered as:

Maclube Oil Co

Address in the order:

10018 River Road Saint Rose LA 70087

Legal Name:

Maclube Oil Co

Legal Address

113 BARKSDALE PROFESSIONAL CENTER NEWARK, NEW CASTLE DE 19711(registered agent)

Operative Address

10018 River Road Saint Rose LA 70087

Telephone:

+1 (504) 712-9023

ID :

4758109

Fax:

+1 (504) 712-9021

Legal Form:

Corporation for Profit

Email:

luiz@maclubeoil.com

Registered in:

Delaware

Website:

www.maclubeoil.com

Date Created:

2009

Manager:

Luiz Macedo, President

Date Incorporated:

Novemvber 30st, 2009

Staff:

300

Stock:

N/A

 

 

Value:

N/A

Activity:

Automotive Lubricants

 

                                                                                    

BUSINESS

 

HISTORY

 

This company was created in the year 2009.

PRINCIPAL ACTIVITY

 

This company is categorized under automotive Lubricants.

Products/Services description:

 

Motor Oil,Gear Oil,Hydraulic Oil,Chain Oil,Marine & Mixing Oil,Industrial Oils,Diesel Exhaust Fluid,Synthetic Oil,Grease,Anti Freeze,ATF Fluids,Brake Fluid,Power Steering Fluid,Treatments,Chemicals,Misc Products,Hand Cleaner,Aluminum Brightner,RTV Sili.

The company imports from Jamaica, South America Southeast Asia Mid East Central America

The company export to South America Southeast Asia Mid East Central America

PAYMENTS

 

regular

LOCATION

Headquarters

 

The company is headquartered at 10018 River Road Saint Rose LA 70087.

Comments on location:

 

The company is incorporated in Delaware for tax purposes, however it is headquartered in Louisiana.

Branches:

 

There were no branches found for this company.

 

 

Shareholders - Manager - Related Companies

 

Shareholders Parent Company(ies):

 

This is a privately held company. Despite our long searches it has not been possible to identify the shareholders.

Management:

 

Luiz Macedo, President

 

 

 

 

 

Financials - COMMERCIAL TRENDS AND FORECAST

 

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

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

Legal Fillings

 There are no UCC** files listed with the Secretary of State of Delaware.

 

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.

 

 

SUMMARY


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

Profitability

N.A.

Public Records

NO

Indebtedness

N.A.

Payments

REGULAR

Cash

N.A.

 

 

 

 

 

 

 

 

 

 

 

 

APPENDIX

 

Person Interviewed

 

Receptionist

Comments

 

She agreed to provide us with basic information: However she refused to provide us with any financial information in grounds of confidentiality.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.37

UK Pound

1

Rs.73.24

Euro

1

Rs.62.68

 

 

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 Company

----

 

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.