MIRA INFORM REPORT

 

 

 

Report Date :

04.12.2014

 

IDENTIFICATION DETAILS

 

Name :

AQUA AEROBIC SYSTEMS INC

 

 

Registered Office :

6306 North Alpine Road Rockford, IL 61111

 

 

Country :

United States

 

 

Date of Incorporation :

24.10.1919

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

Design and Manufacture of Wastewater Treatment Equipment

 

 

No. of Employees :

Not Available

 

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 1, 2014

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

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: Stable

 

 

IDENTIFICATION

 

Ordered as:

Aqua Aerobic Systems Inc

Address in the order:

6306 North Alpine Road, Loves Park IL 61111-7665

 

 

Legal Name:

Aqua Aerobic Systems Inc

 

 

Legal Address

6306 North Alpine Road Rockford, IL 61111 USA

 

 

Telephone:

+1 815-654-2501

ID :

15144122

Fax:

+1 815-654-2508

Legal Form:

Corporation for Profit

Email:

solutions@aqua-aerobic.com

Registered in:

Illinois

Website:

www.aqua-aerobic.com

Date Created:

1969

Manager:

Robert J Wimmer, CEO

Date Incorporated:

October 24, 1919

Staff:

NA

Stock:

NA

 

 

Value:

NA

Activity:

Design and manufacture of wastewater treatment equipment

 

 

BANKS

 

Name of the Bank

BANK ONE ILLINOIS

 

 

BUSINESS

 

HISTORY

 

The company was created in 1969.

PRINCIPAL ACTIVITY

 

Design and manufacture of wastewater treatment equipment

Products/Services description:

 

The company engages in the design and manufacture of wastewater treatment equipment and systems for municipal and industrial markets internationally.

 

Its products include surface aerators, diffused aeration systems, surface spray coolers, direct-drive mixers, batch reactor systems, cloth and sand media filters, multiple-barrier membrane systems, and control and SCADA systems.

 

The company provides after markets products and biological processes.

 

Aqua-Aerobic Systems, Inc. has more than 150 water and wastewater treatment representatives throughout the United States, Canada, Mexico and the world.

Sales are:

 

Wholesale

Clients:

 

The company serves the following markets:

Pulp & Paper

Food/Dairy

Beverage

Chemical

Petroleum

Textiles

Energy

Pharmaceutical

Operations area:

 

National, International, Local

The company exports to worldwide

LOCATION

Headquarters

 

The company is headquartered at 6306 North Alpine Road, Rockford, IL 61111 USA.

 

 

Shareholders - Manager - Related Companies

 

Shareholders Parent Company(ies):

 

The company is privately held. Despite our long searches, we could not identify the names of the shareholders.

Management:

 

Robert J Wimmer, CEO and President

Les Hanson, IT Executive

Jay Baker, Finance Executive

Christopher Korab, Human Resources Executive

 

 

Financials - COMMERCIAL TRENDS AND FORECAST

 

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

We have contacted Pat from the Accounting Department who refused to provide us any financial data on grounds of confidentiality.

Legal Fillings

There are 12 UCC files listed with the Secretary of State of Illinois.

 

There are no legal filings listed with the District Court.

 

The last annual report was filed on 09/23/2009.

 

For information:

 

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 company started operations in 1969, therefore it has 41 years of experience in the market.

 

We have contacted Pat from the Accounting Department, who refused to cooperate. We have no trade references or financial information of this company.

 

We therefore suggest working with GUARANTEES.

 

 

SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

Profitability

N.A.

Public

NO

Indebtedness

N.A.

Payments

N.A.

Cash

N.A.

 

 


APPENDIX

 

Person Interviewed

 

Pat

Position

 

Accounting Department

Comments

 

The person contacted refused to provide any information on grounds of confidentiality.

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.87

UK Pound

1

Rs.96.83

Euro

1

Rs.76.57

 

 

INFORMATION DETAILS

 

Report Prepared by :

NIT

 

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