MIRA
INFORM REPORT
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Report Date : |
24th
June 2006 |
IDENTIFICATION
DETAILS
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Name : |
STEVE & BARRY’S, LLC |
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Registered Office : |
12
Park Drive, Port Washington New
York, 11050 United States |
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Country : |
United States |
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Date of Incorporation : |
21/07/2004 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Engaged as a retailer of sportswear and
university apparel |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE SUMMARY
Company
Name: STEVE &
BARRY'S, LLC
Address: 12
PARK DRIVE
City: PORT WASHINGTON
State/Province: NEW
YORK
Zip
Code: 11050
Country: UNITED
STATES
Telephone: 516
829-4730
Facsimile: 516
482-9235
Legal
Form: Corporation - Private
Website: www.steveandbarrys.com
@rating
Opinion:
As
of:
Sales
/ Revenue:
Net
Income:
Total
Equity:
Business
Activity:
The
Firm is engaged as a retailer of sportswear and university apparel.
NOTE TO CLIENT
Person
Contacted: Multiple messages were left
for Ms. Michelle Byrne, Controller, but were not returned. A written inquiry was also sent, and if it
is returned, any new information will be immediately forwarded on. The
information in the report has not been confirmed with management.
LEGAL
Legal
Form: Corporation - Private
Since
(D/M/Y): 21/07/2004
State/Province
of Incorporation: DE
Status: ACTIVE
Previous
Legal Form:
Company
is NOT required to publish an annual financial report.
Delaware
Registration:
File
Number: 3831931
Incorporation
Date / Formation Date: 07/21/2004 (mm/dd/yyyy)
Entity
Name: STEVE & BARRY'S LLC
Entity
Kind: LIMITED LIABILITY COMPANY (LLC
Entity
Type: GENERAL
Residency:
DOMESTIC
State:
DE
REGISTERED
AGENT INFORMATION
Name: NATIONAL REGISTERED AGENTS, INC.
Address: 160 GREENTREE DRIVE SUITE 101
City: DOVER
County: KENT
State: DE
Postal
Code: 19904
Phone: (302)674-4089
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New
York Registration:
Selected
Entity Status Information
Current
Entity Name: STEVE
& BARRY'S LLC
Initial
DOS Filing Date: AUGUST 31, 2004
County: NASSAU
Jurisdiction: DELAWARE
Entity
Type: FOREIGN LIMITED LIABILITY COMPANY
Current
Entity Status: ACTIVE
Selected
Entity Address Information DOS Process (Address to which DOS will mail process
if accepted on behalf of the entity)
ADAM
MANDELBAUM
12
HARBOR PARK DRIVE
PORT
WASHINGTON, NEW YORK, 11050
Registered
Agent
NONE
Managers/Key Personnel
Mr.
Steve Shore Chief
Executive Officer
AFFILIATED ENTITIES
There
are no known affiliates, subsidiaries, nor divisions.
BANKS
NY
Telephone:
Facsimile:
Account
Number:
Account
Manager:
The
primary bank could not be learned.
PAYMENT HISTORY
BUSINESS DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY REPTD SALE TERMS $
$ % 30
60 90 91+ COMMENTS
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
AIR TRANS 06-03 06-03 0000000 1400
1400 0 100 0
0 0 CUST 6 YR
APRL MENS 06-05 06-04 NET 30
2131200 503000 100 0
0 0 0
BUS SERVCS 06-05 00-00 NET 7 94900
54100 100 0 0
0 0
CELLUL/PAG 06-05 00-00 NET 30 100
100 100 0 0
0 0 CUST 7 YR
CHEMICALS 06-04 00-00 NET 30
200 100 0
50 50 0 0
CHEMICALS 06-05 00-00 NET 30
300 0 0
0 0 0 0
COMPUTERS 06-06 00-00 0000000 162300
100 100 0 0
0 0 CUST 1 YR
COMPUTERS 06-06 06-05 0000000 92500
29000 0 24
75 1 0
CONST MACH 06-04 00-00 NET 30 800
0 0 0
0 0 0 CUST 6 YR
FACTOR 06-04 00-00 VARIED
253800 0 0
0 0 0 0
FACTOR 06-05 06-04 NET 30
60100 7500 92
8 0 0 0
FACTOR 06-04 06-04 VARIED
561000 121400 83
17 0 0 0
GENERAL 06-05 00-00 CONTRCT 0
0 0 0
0 0 0
PACKAGING 06-04 00-00 NET 30
76200 23500 100 0
0 0 0 CUST 7 YR
PLUMBING 06-03 00-00 NET30
0 0 0
0 0 0 0
TEMP HELP 06-06 00-00 NET 7
10900 0 0
0 0 0 0
UTILITY 06-04 06-04 NET
12300 12300 95
5 0 0 0 PAYS-SLOW
AIR TRANS 05-12 00-00 NET 30
58900 300 22
21 0 0 57 CUST 13 YR
CELLUL/PAG 04-11 04-10 NET 30 400
0 0 0
0 0 0 CUST 5 YR
CHEMICALS 06-01 00-00 NET 30
200 0 0
0 0 0 0
ELEC EQUIP 05-06 05-05 CONTRCT
18900 18900 0 100 0 0
0
FACTOR 05-12 05-01 NET 30
33600 0 0
0 0 0 0
GIFTWARE 05-08 05-08 NET 60
12400 9500 100 0
0 0 0 CUST 4 YR
NEWSPAPERS 05-07 00-00 NET 30 8700
0 0 0 0
0 0
OFFC EQUIP 04-11 04-11 NET 30 2000
600 100 0 0
0 0 CUST 3 YR
TEMP HELP 06-01 00-00 NET 10
900 100 0
0 100 0 0
TRANSPORTN 04-11 00-00 VARIED 348700
0 0 0
0 0 0
UTILITY 04-10 00-00 CONTRCT 0
0 0 0
0 0 0
CURRENT QUARTER 3458000 752500
93 4 3 0 0
Payment Trends
INDUSTRY
BUSINESS BALANCE CUR 1-
31- 61-
DATE CUR DBT DBT $ % 30
60 90 91+
-------- --- --- --- -------- --- --- --- --- ---
20060600 0 9 2 809300 92 7
1 0 0
20060500 0 10 2 720200 89 9
2 0 0
20060400 0 10 3 817800 81 19
0 0 0
20060300 0 11 4 1309000 80 19
0 0 1
20060200 0 12 6 1291700 75 21
3 0 1
20060100 0 12 3 2328300 86 12
1 0 1
Payment History - Quarterly Averages
BALANCE
CUR 1- 31- 61-
QUARTER
YEAR DBT $ % 30 60
90 91+
-------- ------ --- -------- --- --- --- --- ---
First
2006 5 1138900 78 20 1
0 1
Fourth
2005 2 2569100 91 8 1 0
0
Third
2005 3 1434900 85 11 4
0 0
Second
2005 3 1702000 88 9 3
0 0
First
2005 3 797300 91 6 1
1 1
FINANCIAL INFORMATION
A
written inquiry was sent to management.
If it is returned, any new information will be immediately forwarded.
CURRENT OPERATIONS
NAICS
Code: 4481 Clothing Stores
Business
Activity:
The
Firm is engaged as a retailer of sportswear and university apparel.
The
above address is believed to be the headquarters of the Firm. The Firm operates stores throughout the
United States.
PUBLIC RECORD
There
was no record of any Uniform Commercial Codes, legal actions, tax liens, nor
bankruptcies involving the Firm.
GENERAL COMMENTS
Organized
in Delaware in 2004, Steve &
Barry's LLC is engaged as a retailer of apparel. The payment record appears prompt. No derogatory information was reported, nor
noted. The Firm is considered responsible
for normal business transactions.
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 |
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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 |
|
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 |
|
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 |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |