MIRA
INFORM REPORT
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Report Date : |
14th
November, 2006 |
IDENTIFICATION
DETAILS
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Name : |
RAJIV
NAYAR INC. |
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Registered Office : |
576 5th Avenue Suite 303, New York 10036, United States |
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Country : |
United
States |
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Date of Incorporation : |
12.11.1987 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Retailer of jewelry. |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate
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Payment Behaviour : |
Unknown
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE SUMMARY
Company
Name : RAJIV NAYAR INC.
Trade
Name(s) : RN Enterprises
Address : 576 5TH AVENUE SUITE 303
City : NEW YORK
State/Province : NEW YORK
Zip
Code : 10036
Country : UNITED STATES
Telephone : 212 398-9410
Facsimile : 212 869-4113
Legal
Form : Corporation - Private
Website : NONE
@rating
Opinion :
Business
Activity : Retailer of jewelry.
As
of :
Sales
/ Revenue :
Net
Income :
Total
Equity :
NOTE TO CLIENT
PERSON
CONTACTED: Mr. Rajiv Nayar - President
Mr.
Nayar declined to provide any information about the Company, either over the
telephone or through a fax request.
Therefore, the information in this report could not be confirmed.
LEGAL
Legal
Form :
Corporation - Private
Since (D/M/Y): 12/11/1987
State/Province
of Incorporation : NY
Status : ACTIVE
Previous
Legal Form:
Company
is NOT required to publish an annual financial report.
NEW
YORK SECRETARY OF STATE
Legal
Name : RAJIV NAYAR INC.
Incorporation
Date : NOVEMBER 12, 1987
Jurisdiction : NEW YORK
Status : ACTIVE
Registered
Agent : NONE
NOTE:
New York State does not issue organizational identification numbers.
Managers/Key Personnel
Mr.
Rajiv Nayar
President
AFFILIATED ENTITIES
The
Company does not appear to have any subsidiaries, a parent or any other
affiliations.
BANKS
NY
Telephone:
Facsimile:
Account
Number:
Account
Manager:
The
primary bank for the Company could not be identified.
PAYMENT HISTORY
A
significant payment history could not be developed on the Subject as they do
not appear to be a large seeker of local trade credit. Trade references could
not be obtained from Mr. Nayar.
FINANCIAL INFORMATION
Mr.
Nayar declined to provide any financial information on the Subject, citing
Company policy. Outside sources failed
to provide any insight.
CURRENT OPERATIONS
NAICS
Code : 44831 Jewelry Stores
SIC
Code : 5944
Business Activity
Retailer
of jewelry.
The
Company offers rings, necklaces, bracelets and earrings. All sales are to local consumers.
The
heading address appears to be the sole location for the Company.
PUBLIC RECORD
A
nationwide search of public and bankruptcy courts shows no Uniform Commercial
Codes, tax liens, legal actions or bankruptcy filings under the Subject's name.
GENERAL COMMENTS
Rajiv
Nayar Inc. is engaged as a retail jewelry store. A payment history could not be developed on the Subject. No derogatory information was found
involving the Firm. Financial
information could not be obtained.
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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