MIRA
INFORM REPORT
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Report Date : |
24th
June 2006 |
IDENTIFICATION
DETAILS
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Name : |
METZGER
SPECIALTY BRANDS, INC |
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Registered Office : |
250 West 57th Street New York, 10107 United
States |
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Country : |
United
States |
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Date of Incorporation : |
08/08/2002 |
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Legal Form : |
Corporation
- Private |
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Line of Business : |
Distributors
of canned vegetables |
RATING & COMMENTS
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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: METZGER
SPECIALTY BRANDS, INC.
Trade Name(s): Tillen
Farms
Address: 250
WEST 57TH STREET
City: NEW
YORK
State/Province: NEW
YORK
Zip Code: 10107
Country: UNITED
STATES
Telephone: 212
957-0055
Facsimile: 212
957-0918
Legal Form: Corporation
- Private
Website: www.worldpantry.com
@rating Opinion:
As of:
Sales / Revenue:
Net Income:
Total Equity:
Business Activity:
Metzger Specialty Brands, Inc is
a distributor of canned vegetables.
NOTE TO CLIENT
NOTE TO CLIENT: A woman at Metzger Specialty Brands, Inc.
declined to provide any information.
She would not disclose her name.
All information has been gathered from outside sources.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 08/08/2002
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT required to
publish an annual financial report.
Entity Name: METZGER SPECIALTY
BRANDS, INC.
Initial DOS Filing Date: AUGUST
08, 2002
County: NEW YORK
Jurisdiction: NEW YORK
Entity Type: DOMESTIC BUSINESS
CORPORATION
Current Entity Status: ACTIVE
Selected Entity Address
Information DOS Process:
METZGER SPECIALTY BRANDS, INC.
250 W. 57TH STREET
SUITE 2322
NEW YORK, NEW YORK, 10107
Managers/Key Personnel
Mr. Tim Metzger President
AFFILIATED ENTITIES
It is reported that The Hogue
Cellars is an affiliated Company to Metzgar Specialty Brands, Inc. but it could
not be confirmed by the Company.
BANKS
JP Morgan Chase Bank
New York NY
Telephone:
Facsimile:
Account Number:
Account Manager:
Bank requires signed
authorization and account number which could not be obtained from management.
PAYMENT HISTORY
BUSINESS DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY REPTD SALE TERMS $
$ % 30
60 90 91+ COMMENTS
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
FACTOR 06-06 00-00 NET
0 0 0
0 0 0 0 CUST
6 YR
FINCL SVCS 06-03 06-03 CONTRCT 0 0 0 0 0
0 0 SATSFTRY
FINCL SVCS 06-06 06-05 CONTRCT 0 0 0 0 0
0 0 SATSFTRY
AIR TRANS 05-08 00-00
100 0 0
0 0 0 0
AIR TRANS 03-10 00-00 NET 30 0 0 0 0 0
0 0 CUST 1 YR
BUS SERVCS 04-09 04-08 NET 30 0
0 0 0
0 0 0
FACTOR 04-10 00-00 NET 30
900 200 62
38 0 0 0 CUST
1 YR
CURRENT QUARTER 0 0 0 0
0 0 0
FINANCIAL INFORMATION
Financial
information was declined by the Company. Outside sources failed to add any
insight into the financial condition of the Firm.
HISTORY
Metzger
Specialty Brands, Inc. owns the company Tillen Farms, located in Washington
that is the producer of fresh vegetables, that are distributed from Metzger
Specialty Brands, Inc warehouse in New York.
Tillen Farms continued to do business after being purchased by Tim and Helen
Metzger.
CURRENT OPERATIONS
NAICS
Code: 4452 Specialty Food Stores
Business
Activity:
Metzger
Specialty Brands, Inc is a distributor of canned vegetables.
Metzger,
Specialty Brands, Inc.
The
location at the above address is believed to be the sole location for the
company, housing office space and a warehouse, however Management declined to
varify.
PUBLIC RECORD
A
search of New York's Secretary of States Office found no Uniform Commerical
Codes, legal actions or bankruptcy petitions.
GENERAL COMMENTS
Metzger
Specialty Brands, Inc. is a distributor of jarred vegetables. The company is new but has a well
established source for distribution.
There are no liens or bankruptcy petitions and the payment record is
satisfactory. The company is
responsible for normal operations.
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 |