MIRA INFORM REPORT

 

 

Report Date :

20th November, 2006

 

IDENTIFICATION DETAILS

 

Name :

GABRIEL & COMPANY

 

 

Registered Office :

64 W 48th St Ste 700             

New York Ny  10036

 

 

Country :

United States

 

 

Date of Incorporation :

1989

 

 

Line of Business :

Manufacturer of fine jewellery.

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Fair

 

 

Payment Behaviour :

Average 14 days beyond terms

 

 

Litigation :

Clear

 


Name

 

GABRIEL & CO

 

GABRIEL BROS, INC             

 

 

Address

 

64 W 48TH ST STE 700            

NEW YORK NY  10036              

TEL: 212 719-3258          

 

 

Summary

 

STARTED

1989

LINE OF BUSINESS

MANUFACTURER OF FINE JEWELRY

SIC NO.

3911

EMPLOYS

20

 

 

CHIEF EXECUTIVE

 

JACK GABRIEL, PRINCIPAL

 

 

PAYMENTS

 

The Payment Summary section reflects payment information in file as of the date of this report.

 

The PAYMENT SCORE for this company is 71.

 

This PAYMENT score indicates that payments to suppliers average 14 days beyond terms, weighted by dollar amounts.  When dollar amounts are not considered, approximately 61% of the company's payments are within terms.

 

Below is an overview of the company's dollar-weighted payments, segmented by its suppliers' primary industries:

 

 

TOTAL     LARGEST    %       DAYS SLOW

TOTAL      DOLLAR       HIGH    W/IN

RCV'D      AMOUNTS     CREDIT  TERMS <31 31-60 61-90 91+

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

#          $          $        %   %    %     %    %

 

Total                 10         49,100     40,000

 

Payment By Industry:

 

1 Ret mail-order house    2          1,500      1,000   67   -     -     -  33

2 Nonclassified           1         40,000     40,000  100   -     -     -   -

3 Mfg soap/detergents     1          1,000      1,000  100   -     -     -   -

4 Short-trm busn credit   1            750        750  100   -     -     -   -

5 Telephone communictns   1            250        250    - 100     -     -   -

6 Radiotelephone commun   1            100        100  100   -     -     -   -

7 Misc business service   1              0          0    -   -     -     -   -

 

Other Payment Categories:

 

 Cash experiences          0              0          0

 Payment record unknown    1            500        500

 Unfavorable comments      1          5,000      5,000

 

 

REPORTED PAYING             HIGH      NOW     PAST   SELLING          LAST SALE

         RECORD            CREDIT     OWES     DUE    TERMS            WITHIN

 

10/04    Ppt               40000    25000      -0-                    1 Mo

         Ppt                1000      750      -0-   N30              1 Mo

         Ppt                1000      500      -0-   N30              1 Mo

         Slow 120            500      500      500   N30

         (005)              5000     5000     5000                    1 Mo

           Unsatisfactory.

         (006)               500      500      500                    2-3 Mos

09/04    Slow 30             250      -0-      -0-                    6-12 Mos

         Slow 30                      -0-                             1 Mo

05/04    Ppt                 750      -0-      -0-                    6-12 Mos

         Ppt                 100      -0-      -0-   N30              6-12 Mos

 

          

FINANCE

 

Attempts to contact the management of this business have been unsuccessful. Outside sources confirmed operation and location.

 

A search of Public Record database found no open suits, liens, judgements or UCCs to which Gabriel Bros, Inc at 64 W 48TH ST STE 700, NEW YORK NY was named defendant or debtor. 

 

 

HISTORY

 

JACK GABRIEL, PRINCIPAL

DOMINIC GABRIEL, PRINCIPAL

THE OFFICER(S)

 

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

* * * CORPORATE AND BUSINESS REGISTRATIONS * * *

REPORTED BY THE SECRETARY OF STATE

OR OTHER OFFICIAL SOURCE AS OF 11/19/2004

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

REGISTERED NAME     : GABRIEL BROS, INC.

 

CORPORATION TYPE   : PROFIT

 

FILING DATE                 : 11/21/1994

 

BUSINESS TYPE          : CORPORATION

 

DURATION                    : PERPETUAL

 

REGISTRATION ID #      : 1869574

 

STATE OF ORGANIZATION (INCORPORATION)  : NEW YORK

 

DATE OF ORGANIZATION (INCORPORATION)    : 11/21/1994

 

STATUS                        : ACTIVE

 

WHERE FILED              : SECRETARY OF STATE/CORPORATION DIVISION, ALBANY, NY

 

PRINCIPALS                 : JACK GABRIEL, CHAIRMAN OF THE BOARD, 2

  WEST 46TH STREET; ROOM #704 & 708, NEW

  YORK, NY 10036

 

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

 

Business started 1989 by Jack Gabriel.

 

JACK GABRIEL born 1966.  1988 attended and graduated from State University of New York at Stony Brook, Stony Brook, NY.  1988-present partner in affiliate.  1989-present active here.

 

DOMINIC GABRIEL born 1970.  1989-present active here and with affiliate.

 

Affiliate: The following is related through common ownership and/or financial interest.  Gabriel Jewellery, Levittown, NY, started 1988.  Operates as retail jeweller.   Intercompany relations: None reported by management.

 

Business address has changed from 2 W 46th St Ste 708, New York, NY, 10036 to 64 W 48th St Ste 700, New York, NY, 10036.

 

 

OPERATION

 

Manufacturer of fine jewellery.

 

Terms are net 30 to net 90 days.  Has 700 account(s).  Sells to retailers and wholesalers.  Territory : Eastern Seaboard.

 

Nonseasonal.

 

EMPLOYEES:  20 which includes partners. Company subcontracts out employees for manufacturing.

 

FACILITIES:  Rents 900 sq. ft. on 7th floor of multi story brick building.

 

LOCATION:  Central business section on main street.

 

max. credit : usd 25.000,-


 

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