MIRA INFORM REPORT

 

 

Report Date :

20th June 2006

 

IDENTIFICATION DETAILS

 

Name :

CARLINS DESIGN

 

 

Registered Office :

15 West 46th Street 4th Floor

New York, 10036                       

United States

 

 

Country :

United States

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Trading Company

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 


 

IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name:            CARLINS DESIGN

Address:                       15 WEST 46TH STREET 4TH FLOOR

City:                             NEW YORK

State/Province:              NEW YORK                            

Zip Code:                      10036                       

Country:                                    UNITED STATES               

Telephone:                    212-840-4506                

Facsimile:                     N/A

Legal Form:                   Sole Proprietorship

Website:                       No website is available

@rating Opinion:

As of:

Sales / Revenue:

Net Income:

Total Equity:

 

Business Activity:

The Subject is a designer and manufacturer. No detailed information was provided

 

 

 

NOTE TO CLIENT

 

The Subject's headquarters were contacted through telephone. The Owner, Ms. Carlin (no last name provided), declined to provide any information about the Company other than it was a designer and

manufacturer and existed as a sole proprietorship. It is unknown how long the Subject has been in existence.

 

Number of employees could not be determined.

 

 

 

LEGAL

 

Legal Form: Sole Proprietorship

Status: ACTIVE

Previous Legal Form: None

Company is NOT required to publish an annual financial report. As a Sole Proprietorship the Subject is not required to register with the Secretary of State of New York.

 

 

 

Managers/Key Personnel

 

Ms. Carlin                             Owner

 

 

AFFILIATED ENTITIES

 

As far as could be determined, there are no known affiliates or subsidiaries.

 

 

BANKS

 

Telephone:

Facsimile:

Account Number:

Account Manager:

We could not obtain any banking information.

 

 

PAYMENT HISTORY

 

No payment history could be found on the Company.

 

 

FINANCIAL INFORMATION

 

Management declined to provide any financial information.

 

 

CURRENT OPERATIONS

 

NAICS Code:   999       Unclassified Establishments

 

Business Activity:

The Subject is a designer and manufacturer. No detailed information was provided

The address 15 WEST 46TH STREET 4TH FLOOR, New York, NY 10036 is the sole location where it conducts its daily operations.

 

Management declined to provide information regarding the square footage or rent/ownership status

 

 

TRADE REFERENCES

 

The Subject declined to provide any trade references.

 

 

PUBLIC RECORD

 

No legal findings could be found against the Company.

 

A search of bankruptcy courts revealed no record of a Company by this name filing for bankrputcy.

 

 

GENERAL COMMENTS

 

Management declined to provide any information about the Company. No payment history could be retrieved and a list of supplier references was not provided. Therefore, it cannot be determined how efficient the Subject is with its payments.

 

 


 

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

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

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

 

 

 

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