MIRA INFORM REPORT
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Report Date : |
4th May 2006 |
IDENTIFICATION DETAILS
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Name : |
NICE
TRENDS USA INC |
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Registered Office : |
EAST 45TH STREET SUITE 1700 NEW
YORK, 10017, UNITED STATES |
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Date of Incorporation : |
2003 |
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Legal Form : |
Corporation
- Private |
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Line of Business : |
Manufacturers
of jewelry |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
RATING
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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: NICE
TRENDS USA INC.
Address: 6
EAST 45TH STREET SUITE 1700
City: NEW YORK
State/Province: NEW
YORK
Zip Code: 10017
Country: UNITED
STATES
Telephone: 212-379-6328
Facsimile: 212-379-6329
Legal Form: Corporation
- Private
Website: N/A
Maj. Shareholder: Mr.
Rajeev Parikh
Founded (D/M/Y): /
/2003
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees: 2
Business Activity:
The Company is a manufacturer
of jewelry.
NOTE TO CLIENT
NOTE:: LEGAL NAME: NICE TRENDS USA INC.
ORDERED NAME: NICE TRENDS
U.S.A. INC.
Person Contacted: Mr. Rajeev Parikh, President and Owner. Mr. Parikh verified and updated the
information presented to him.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 30/09/2003
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT required to
publish an annual financial report.
The Company incorporated in
New York under the following registration:
Current Entity Name: NICE
TRENDS USA INC.
Initial DOS Filing Date:
SEPTEMBER 30, 2003
County: KINGS
Jurisdiction: NEW YORK
Entity Type: DOMESTIC
BUSINESS CORPORATION
Current Entity Status: ACTIVE
Selected Entity Address
Information DOS Process (Address to which DOS
will mail process if accepted
on behalf of the entity)
RAJEEV PARIKH
6 EAST 45TH ST
STE 1700
NEW YORK, NEW YORK,
10017-2414
Principal Executive Office
RAJEEV PARIKH
6 EAST 45TH ST
STE 1700
NEW YORK, NEW YORK, 10017-2414
Registered Agent: NONE
Managers/Key Personnel
Mr. Rajeev Parikh President
OWNERS
Mr. Rajeev Parikh 100.00% Majority
The Company has no
subsidiaries or affiliates.
BANKS
HSBC
NY
Telephone:
Facsimile:
Account Number:
Account Manager:
Bank policy prohibits
providing credit information.
PAYMENT HISTORY
No local trade credit payment
were found for the Subject at this time.
FINANCIAL INFORMATION
Mr. Parikh declined to
provide any financial statement information over the phone. A fax was sent to him to obtain financial
information. If we receive a response,
we will amend the report accordingly.
CURRENT OPERATIONS
NAICS Code: 339911 Jewelry (except Costume) Manufacturing
SIC Code: 3911
Number of Employees: 2
Business Activity:
The Company is a manufacturer
of jewelry.
The Company imports loose
diamonds and fine jewelry from Hong Kong and India.
The Company exports
worldwide.
The heading address is the
sole location for the Subject. The
facility consists of leased office space.
TRADE REFERENCES
Mr. Parikh requested a fax to
provide trade references. If we receive
a response, we will amend the report accordingly.
PUBLIC RECORD
A search of public records revealed
no derogatory information, Uniform Commercial Codes, or bankruptcy petitions.
GENERAL COMMENTS
The Subject, founded in 2003
in New York, is engaged as a jewelry manufacturer.
No payment record was found
for the Subject, however, the operating history is clear. No derogatory information or bankruptcy
petitions were reported or noted. The
Company is responsible for normal business transactions.
RATING EXPLANATIONS
RATING
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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 |