MIRA
INFORM REPORT
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Report Date : |
4th
November, 2006 |
IDENTIFICATION
DETAILS
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Name : |
J D M
IMPORT COMPANY INC. |
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Registered Office : |
115 West 45th Street, 9th Floor, New York 10036, United States |
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Country : |
United
States |
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Date of Incorporation : |
19.06.1974 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Subject
is engaged in the wholesale trade of jewelry and
gem stones. |
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 : |
Good |
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Payment Behaviour : |
Regular
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE SUMMARY
Company
Name : JDM IMPORT
CO., INC.
Trade
Name(s) : Instock
Programs
Address : 115 WEST
45TH STREET, 9TH FLOOR
City : NEW
YORK
State/Province : NEW YORK
Zip
Code :
10036
Country : UNITED
STATES
Telephone : 212 354-7680
Facsimile : 212 575-4688
Legal
Form :
Corporation - Private
Website : No Website
Maj.
Shareholder : The
Kriss Family
@rating
Opinion :
Business
Activity : JDM IMPORT
CO., INC. is engaged in the wholesale trade of jewelry and
gem stones. The Subject
imports most items from Asia.
In
KUSD As of : 31/12/2005
Sales
/ Revenue : 72,000
Net
Income :
Total
Equity :
Number
of Employees : 50
NOTE TO CLIENT
The
information in this report was provided by Mr. Jim Goldsborough,
CFO.
LEGAL
Legal
Form :
Corporation - Private
Since (D/M/Y): 19/06/1974
State/Province
of Incorporation : NY
Status : ACTIVE
Previous
Legal Form:
Company
is NOT required to publish an annual financial report.
Entity
Name : JDM IMPORT CO., INC.
Filing
Date : JUNE 19, 1974
County : NEW YORK
Jurisdiction : NEW YORK
Entity
Type : DOMESTIC BUSINESS
CORPORATION
Entity
Status : ACTIVE
NOTE:
New York State does not issue organizational identificationnumbers.
Managers/Key Personnel
Mr.
Richard L. Kriss Chairman & Chief Executive Officer
Mr.
David Kriss Co-President
Mr.
Michael Kriss Co-President
Mr.
Jim Goldsborough Chief Financial Officer
OWNERS
The
Kriss Family
% Shareholder
AFFILIATED ENTITIES
There
are no subsidiaries, divisions or parent companies.
BANKS
JP
MORGAN CHASE BANK
NEW
YORK NY
Telephone:
800 242-7338
Facsimile:
Account
Number:
Account
Manager:
Requires
a signed authorization which was
declined.
PAYMENT HISTORY
BUSINESS DATE LAST
PAYMENT CREDIT BALANCE CUR 1-
31- 61-
CATEGORY REPTD SALE TERMS
$ $ %
30 60 90 91+ COMMENTS
---------- ----- ----- ------- -------- -------- --- --- --- ---
--- --------
AIR TRANS 06-09 00-00
0000000 9000 5200 98
2 0 0 0 CUST 22 YR
OFFC SUPPL 06-09 00-02 CREDIT
1700 0 0
0 0 0 0
PACKAGING 06-10 00-00 NET
30 100 0 0 0
0 0 0 CUST 10 YR
BUS SERVCS 06-04 00-00 NET 7
100 0 0
0 0 0 0
PACKAGING 06-01 00-01 NET
30 0 0 0 0
0 0 0
CURRENT QUARTER
10800 5200 98
2 0 0 0
Payment Trends
INDUSTRY
BUSINESS BALANCE CUR 1-
31- 61-
DATE CUR DBT
DBT $ % 30
60 90 91+
-------- --- ---
--- -------- --- --- ---
--- ---
20061000 0 9 0 5200 98
2 0 0 0
20060900 0 9 0 4500 100 0
0 0 0
20060800 0 9 0
9100 100 0 0
0 0
20060700 0 9 0 7400 100 0
0 0 0
20060600 0 8 0 8100 100 0
0 0 0
20060500 0 8 0 8100 100 0
0 0 0
Payment History - Quarterly Averages
BALANCE CUR 1-
31- 61-
QUARTER YEAR DBT $ % 30
60 90 91+
-------- ------
--- -------- --- --- ---
--- ---
Third 2006 0 6300 99 1
0 0 0
Second 2006 0 7900 100 0 0
0 0
First 2006 0 0 0 0
0 0 0
Fourth 2005 0 0 0 0
0 0 0
Third 2005 0 0 0 0
0 0 0
FINANCIAL INFORMATION
FINANCIAL FIGURES
Year-End
(D/M/Y): 31/12/2006 31/12/2005
31/12/2005
Projected Consolidated
Sales
/ Revenues
93,000 72,000 -
Financials
are not consolidated. This is due to a software database issue.
CURRENT OPERATIONS
NAICS
Code : 42194 Jewelry, Watch, Precious Stone and
Precious Metal
SIC
Code : 5094
Number
of Employees : 50
Business Activity
JDM
IMPORT CO., INC. is engaged in the wholesale trade of jewelry and gem stones.
The Subject imports most items from Asia.
The
heading address is the Subject's sole location, property is leased.
PUBLIC RECORD
No
liens, judgments or bankruptcy filings were found.
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Name
Searched : JDM
IMPORT CO
Debtor
Address : JDM IMPORT
CO., INC.
1212 6TH AVE STE 1600
NEW YORK, NY 10036-1602
Secured
Parties : FANCY
TRADING CO, LLC
Filing
Date :
10/3/2003
Filing
Number :
0310031675788
Filing
Type :
INITIAL FILING
--------------------------------------------------------------------------------
Name
Searched : JDM
IMPORT CO
Debtor
Address : JDM IMPORT
CO INC
115 W 45TH ST
NEW YORK, NY 10036
JDM IMPORT CO., INC.
1212 AVENUE OF THE AMERICAS
NEW YORK, NY 10036
Secured
Parties : BANK LEUMI
TRUST COMPANY OF NEW YORK
Filing
Date :
1/13/2006
Filing
Number :
0601135040610
Filing
Type :
CONTINUATION
Original
Filing Number : 91094808
--------------------------------------------------------------------------------
Name
Searched : JDM
IMPORT CO
Debtor
Address : JDM IMPORT
CO., INC.
115 WEST 45TH STREET
NEW YORK, NY 10036
JDM IMPORT CO., INC.
115 WEST 45TH STREET
NEW YORK, NY 10036
Secured
Parties : JPMORGAN
CHASE BANK, NATIONAL ASSOCIATION
Filing
Date :
1/12/2006
Filing
Number :
0601120042996
Filing
Type :
INITIAL FILING
--------------------------------------------------------------------------------
Name
Searched : JDM
IMPORT CO
Debtor
Address : JDM IMPORT
CO., INC.
1212 AVENUE OF THE AMERICAS
NEW YORK, NY 10036
Secured
Parties : BANK LEUMI
USA F/K/A BANK LEUMI TRUST COMPANY OF NEW
YORK
Filing
Date :
2/15/2001
Filing
Number : 01032696
Filing
Type :
CONTINUATION
Original
Filing Number : 91094808
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Name
Searched : JDM
IMPORT CO
Debtor
Address : JDM IMPORT
CO., INC.
1212 AVENUE OF THE AMERICAS
NEW YORK, NY 10036
Secured
Parties : BANK LEUMI
USA
Filing
Date :
3/10/2003
Filing
Number :
0303100526390
Filing
Type :
INITIAL FILING
--------------------------------------------------------------------------------
Name
Searched : JDM
IMPORT CO
Debtor
Address : JDM IMPORT
CO INC
JDM IMPORT CO., INC.
1212 AVENUE OF THE AMERICAS
NEW YORK, NY 10036
JDM IMPORT CO., INC.
1212 AVENUE OF THE AMERICAS
NEW YORK, NY 10036
Secured
Parties : BANK LEUMI
TRUST CO. OF NEW YORK
Filing
Date :
2/23/2004
Filing
Number :
0402235140673
Filing
Type :
CONTINUATION
Original
Filing Number : 89206131
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Name
Searched : JDM
IMPORT CO
Debtor
Address : JDM IMPORT
CO., INC.
1212 AVENUE OF THE AMERICAS
NEW YORK, NY 10036
Secured
Parties : BANK LEUMI
USA F/K/A BANK LEUMI TRUST COMPANY OF NEW
YORK
Filing
Date :
5/21/2001
Filing
Number : 01099141
Filing
Type :
CONTINUATION
Original
Filing Number : 91178447
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Name
Searched : JDM
IMPORT CO
Debtor
Address : JDM IMPORT
CO., INC.
1212 AVENUE OF THE AMERICAS
NEW YORK, NY 10036
Secured
Parties : BANK LEUMI
USA
Filing
Date :
3/12/2003
Filing
Number :
0303120543631
Filing
Type :
INITIAL FILING
GENERAL COMMENTS
JDM
IMPORT CO., INC. is well established with annual sales in the US$ 72 million.
Payments are made on time. The operation history is clear. The firm is
considered to be responsible for normal business transactions at this time.
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 |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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