MIRA INFORM REPORT

 

 

Report Date :

27th June 2006

 

IDENTIFICATION DETAILS

 

Name :

PLAZA JEWELLERS

 

 

Registered Office :

7500 Bellaire Boulevard

Floor 1, Houston

Texas, 77036                       

United States

 

 

Country :

United States

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Undetermined

 

 

Payment Behaviour :

--

 

 

Litigation :

Clear

 

 


 

IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name:                      PLAZA JEWELLERS

Address:                                 7500 BELLAIRE BOULEVARD

                                              FLOOR 1

City:                                       HOUSTON

State/Province:                        TEXAS                               

Zip Code:                                77036                       

Country:                                  UNITED STATES              

Telephone:                              713 772-5570                

Facsimile:                               N/A

Legal Form:

Website:                                 No website available

@rating Opinion:

As of:

Sales / Revenue:

Net Income:

Total Equity:

 

Business Activity:

 

 

NOTE TO CLIENT

 

We contacted the Company with the information provided, but Management declined to provide any general information about the Company. The person that we spoke with declined to give us his name and position. Therefore, we could not confirm if we reached the Subject. Please see below for more details.

 

 

IMPERATIVES

 

A search of the Department of State of Texas found the following registration, however we could not link it to the Subject:

 

Company Information:  PLAZA JEWELERS INCORPORATED

3 E GREENWAY PLZ FL 220

HOUSTON, TX 77046-0395

 

Status: IN GOOD STANDING NOT FOR DISSOLUTION OR WITHDRAWAL through May 15, 2007

Registered Agent: JERRY G. GOTTESMAN

6633 HILLCROFT, SUITE 103

HOUSTON, TX 77081

Registered Agent Resignation Date:

State of Incorporation: TX

File Number: 0104984200

Charter/COA Date: December 16, 1987

Charter/COA Type: Charter

Taxpayer Number: 30010814793

 

We could not find any other number for the Company.

A search of payment history found payment for a PLAZA JEWELRY located at the provided address. Please see payment history section.

 

A search of public records found no information on the Subject. A search of bankruptcy courts revealed no record of a Company by this name filing for bankruptcy

 

 

LEGAL

 

Legal Form:

Previous Legal Form:

Company is NOT required to publish an annual financial report.

 

 

PAYMENT HISTORY

 

BUSINESS   DATE  LAST  PAYMENT CREDIT   BALANCE  CUR 1-  31- 61-

CATEGORY   REPTD SALE  TERMS      $        $      %  30  60  90  91+ COMMENTS

---------- ----- ----- ------- -------- -------- --- --- --- --- --- --------

ADVERTISNG 06-04 00-00 NET 30  0        0        0   0   0   0   0   CUST  3 YR

COMMUNICTN 06-06 99-12 NET 30  0        0        0   0   0   0   0

 

MANUFCTRNG 06-05 00-00 0000000 0        0        0   0   0   0   0

OFFC SUPPL 06-06 06-04 CREDIT  2000     0        0   0   0   0   0

AIR TRANS  05-01 00-00         100      0        0   0   0   0   0

OFFC SUPPL 05-10 05-10 NET 30  200      200      100 0   0   0   0

CURRENT QUARTER                2000     0        0   0   0   0   0

 

Payment Trends

            INDUSTRY     BUSINESS        BALANCE  CUR 1-  31- 61-

DATE      CUR    DBT       DBT             $      %  30  60  90  91+

--------  ---    ---       ---          -------- --- --- --- --- ---

20060600  0      6         0            0        0   0   0   0   0

20060500  0      6         0            0        0   0   0   0   0

20060400  0      6         0            100      100 0   0   0   0

20060300  0      6         0            0        0   0   0   0   0

20060200  0      6         0            100      100 0   0   0   0

20060100  0      7         0            100      100 0   0   0   0

 

Payment History - Quarterly Averages

                                         BALANCE  CUR 1-  31- 61-

QUARTER  YEAR              DBT             $      %  30  60  90  91+

-------- ------            ---          -------- --- --- --- --- ---

First    2006              0            0        0   0   0   0   0

Fourth   2005              0            0        0   0   0   0   0

Third    2005              0            100      100 0   0   0   0

Second   2005              0            0        0   0   0   0   0

First    2005              0            100      100 0   0   0   0

 

 

FINANCIAL INFORMATION

 

CURRENT OPERATIONS

 

NAICS Code:           44831     Jewelry Stores

SIC Code:                5944

 

 

 

 

 

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