MIRA
INFORM REPORT
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Report Date : |
7th
November 2006 |
IDENTIFICATION
DETAILS
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Name : |
MARVIN
IMPEX INC |
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Registered Office : |
2 West 46th Street Suite # 1007 New
York |
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Country : |
United
States |
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Date of Incorporation : |
13/07/1998 |
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Legal Form : |
Corporation
- Private |
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Line of Business : |
Engaged
as wholesalers of diamond and gold jewelry. |
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 : |
Unknown
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE SUMMARY
Company Name: MARVIN
IMPEX INC.
Address: 2
WEST 46TH STREET
SUITE
# 1007
City: NEW
YORK
State/Province: NEW
YORK
Zip Code: 10036
Country: UNITED
STATES
Telephone: 212
944-9212
Facsimile: 212-944-9164
Legal Form: Corporation
- Private
Website: No
Website
@rating Opinion:
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees: 2
Business Activity:
The subject is engaged as
wholesalers of diamond and gold jewelry.
NOTE TO CLIENT
Mr. Ramesh Godhani, President,
confirmed general information.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 13/07/1998
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT required to
publish an annual financial report.
Name: MARVIN IMPEX INC.
Corporation Number: 2278350
Date of Inc / Qualification:
7/13/1998
Process Address: THE CORPORATION
580 5TH AVENUE SUITE 413
NEW YORK, NY 10036
Status Comment: BIENNIAL STATEMENT
Status: ACTIVE
Type: DOMESTIC BUSINESS
Managers/Key Personnel
Mr. Ramesh Godhani President
AFFILIATED ENTITIES
There are no affiliated, parent
or subsidiary firms.
BANKS
Bank of America
Columbia SC
Telephone: 803-765-4882
Facsimile: 415-343-9315
Account Number:
Account Manager: Credit Inquiry
Services
The bank requires an account
number in order to provide bank references. Management declined to provide an
account number and no reference could be obtained.
PAYMENT HISTORY
The subject imports the majority
of its needed requirements and is not a large seeker of local trade credit.
FINANCIAL INFORMATION
Financial statements and annual
sales were declined by management. Outside sources failed to add any insight
into the financial condition of the Firm.
CURRENT OPERATIONS
NAICS Code: 42194
Jewelry, Watch, Precious Stone and Precious Metal
SIC Code: 5094
Number of Employees: 2
Business Activity:
The subject is engaged as wholesalers
of diamond and gold jewelry.
The products are sold to jewelry
retailers in the U.S.
The subject operates from the
heading address and the premises are leased. There are no other locations.
TRADE REFERENCES
Supplier references were declined
by management.
PUBLIC RECORD
Debtor Address: MARVIN IMPEX INC.
2 WEST 46TH STREET
NEW YORK, NY 10036
MARVIN IMPEX INC.
71 WEST 47TH STREET
NEW YORK, NY 10036
Secured Parties: ANTWERPSE
DIAMANTBANK N.V.
Filing Date: 5/9/2005
Filing Number: 0505090583991
Filing Type: AMENDMENT
Original Filing Number:
0308131469600
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Debtor Address: MARVIN IMPEX INC.
71 WEST 47TH STREET
NEW YORK, NY 10036
Secured Parties: ANTWERPSE
DIAMANTBANK N.V.
Filing Date: 8/13/2003
Filing Number: 0308131469600
Filing Type: INITIAL FILING
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There are no bankruptcy petitions
traced.
GENERAL COMMENTS
The subject has been operating
since 1998, engaged in the wholesaling of diamonds and gold jewelry. The
operating record appears clear.
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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