MIRA
INFORM REPORT
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Report Date : |
31.03.2007 |
IDENTIFICATION
DETAILS
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Name : |
HUDSON APPAREL GROUP, INC. |
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Registered Office : |
1359 Broadway 9th Floor, New York, 10018 |
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Country : |
United States |
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Date of Incorporation : |
29/06/2004 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Manufactures apparel. |
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 : |
Small Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
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IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name : HUDSON APPAREL
GROUP, INC.
Address :
1359 BROADWAY 9TH FLOOR
City :
NEW YORK
State/Province : NEW
YORK
Zip Code :
10018
Country :
UNITED STATES
Telephone : 212
268-4680
Facsimile :
212 268-4685
As of :
Sales / Revenue :
Net Income :
Total Equity :
Legal Form :
Corporation - Private
Website : No
website
Business Activity : The
Company manufactures apparel.
NOTE TO CLIENT
Contact person: Mr. Aneis (last name not provided), Accounting Manager.
Mr. Aneis requested we send a fax with the information requested. We have sent a fax to the Company. In a
follow-up call to Mr. Aneis, he declined to provide any information, therefore,
the information in this report was not confirmed by Management.
LEGAL
Legal Form: Corporation
– Private
Since (D/M/Y): 29/06/2004
State/Province of Incorporation: NY
Status:
ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
The Company is incorporated in the state of New York.
Current Entity Name: HUDSON APPAREL GROUP, INC.
Initial DOS Filing Date: JUNE 29, 2004
County: NEW YORK
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)
HUDSON APPAREL GROUP, INC.
1359 BROADWAY 9TH FLR
NEW YORK, NEW YORK, 10018
Principle Address:
HUDSON APPAREL GROUP, INC.
1359 BROADWAY 9TH FLR
NEW YORK, NEW YORK, 10018
Managers/Key
Personnel
Mr. Saif Rahman
Chairman &
Chief Executive Officer
Ms. Neilly Rahman
Vice President
AFFILIATED ENTITIES
As far as we could determine, the Company has no affiliated companies or
subsidiaries.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
Banking information could not be obtained.
PAYMENT HISTORY
No payment history found for the Company.
FINANCIAL INFORMATION
We were unable to obtain any financial information for the Company.
CURRENT OPERATIONS
NAICS Code: 315 Apparel Manufacturing
SIC Code: 5699
Business Activity:
The Company manufactures apparel.
As far as we can determine, the heading address is the sole location for
the Company.
TRADE REFERENCES
We were unable to obtain trade references for the Company.
PUBLIC RECORD
No derogatory legal action was filed against the Subject nor were there
any Uniform Commercial Codes that were filed by the Subject.
A search of bankruptcy courts revealed no record of the Subject filing
for bankruptcy.
GENERAL COMMENTS
The Company manufactures apparel. Payment history was not found, and
trade references were not provided by the Company. Legal indicate no negative
litigation taken against the Subject.
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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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)