MIRA
INFORM REPORT
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Report Date : |
13.06.2006 |
IDENTIFICATION
DETAILS
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Name : |
MONALISA FASHION INC. |
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Registered Office : |
930 NEWARK AVENUE, JERSEY CITY, NEW JERSEY Zip
Code - 07306 |
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Country : |
UNITED STATES |
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Line of Business : |
It is believed that the Subject is a
retailer of women's clothing and accessories |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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/normal. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Usually
Correct |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name MONALISA FASHION INC.
Address 930 NEWARK AVENUE
City JERSEY CITY
State/Province NEW JERSEY
Zip Code 07306
Country UNITED STATES
Telephone 201-659-0977
Facsimile 201-659-4940
Legal Form --
Website N/A
As of --
Sales / Revenue --
Net Income --
Total Equity --
Business Activity It is believed that the Subject is a retailer of women's clothing and accessories.
IMPERATIVES
Mr. Nelson Idnani, believed to be the Owner, was contacted on Friday, June 9, 2006. He declined to release any information over the telephone and requested a written inquiry be faxed to him.
He stated that the correct legal name for the Subject is Mona Lisa Fashion, Inc.
He declined to provide any further information on the Company, including where the Company is incorporated.
The New Jersey Secretary of State's Office failed to locate a corporate registration under the name Mona Lisa Fashion, Inc. There were several companies registrered in New Jersey with Mona Lisa in them, however no exact match.
However, the New York Secretary of State's Office had an exact match on the name (Mona Lisa Fashion, Inc.) but could not be traced back to the above address.
This firm was incorporated in New York on July 3, 1974. The DOS Process address is c/o Lloyd J. Borow, 30 E. 42nd Street, New York, NY 10017.
LEGAL
Legal Form --
Previous Legal Form --
Company is NOT required to publish an annual financial report.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
There was no banking information available.
PAYMENT HISTORY
The following payment record was retrieved for Mona Lisa Fashion, Inc. at the
provided address.
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY
REPTD SALE TERMS $
$ % 30 60
90 91+ COMMENTS
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
FACTOR
06-04 00-00 VARIED 18500 0
0 0 0 0 0
OFFC SUPPL 06-06 05-06 CREDIT 3000
0 0 0
0 0 0
AIR TRANS
05-09 05-09 100 0
0 0 0 0 0
AIR TRANS
05-12 00-00 NET 30 0 0 0 0 0
0 0 CUST 2 YR
GENERAL
04-10 97-12 NET 30 0 0 0 0 0
0 0 CUST 8 YR
LEASING
05-05 00-00 CONTRCT 900
0 0 0
0 0 0 CUST 1 YR
CURRENT QUARTER 21500
0 0 0
0 0 0
FINANCIAL INFORMATION
No financial information could be obtained.
CURRENT OPERATIONS
NAICS Code: 448 Clothing and Clothing Accessories Stores
Business Activity:
It is believed that the Subject is a retailer of women's clothing and accessories.
TRADE REFERENCES
No trade references were availiable.
PUBLIC RECORD
A search of public in New Jersey revealed no Uniform Commercial Codes, legal actions or bankruptcy petitions.
GENERAL COMMENTS
The company listed above is believed to be a retailer of clothing and acessories, but the exact activites were unable to be determined. An informative management interview was declined via telephone and outside sources consulted failed to add any insight into the condition of the Firm. The payment record appears limited, but prompt and the operating history is clear. Nothing of a derogatory nature was reported or noted.
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/normal. |
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 |