MIRA
INFORM REPORT
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Report Date : |
11.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
ARIANA FOODS INTERNATIONAL |
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Registered Office : |
4461 Peralta Boulevard Suite 8, Fremont, California - 94587 |
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Country : |
United States |
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Date of Incorporation : |
2007 |
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Legal Form : |
General Partnership |
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Line of Business : |
Engaged as an importer and wholesaler of tea. |
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 : |
New Company |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: ARIANA FOODS INTERNATIONAL
Address: 4461 PERALTA BOULEVARD SUITE 8
City: FREMONT
State/Province: CALIFORNIA
Zip Code: 94587
Country: UNITED STATES
Telephone: 510 795-9600
Facsimile: 510 742-1324
Founded (D/M/Y): /
/2007
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees: 2
Legal Form: General Partnership
Website: No Website
Business Activity: The
Subject is engaged as an importer and wholesaler of tea.
NOTE TO CLIENT
Person contacted: Mrs. Zarabi, wife of Seddiq Zarabi, Partner.
IMPERATIVES
The Firm was contacted, Mrs. Zarabi stated that Mr. Zarabi and his
partner; Malek Sulaiman were out of town until April 16, 2007. She provided
very general information, but deferred the inquiry to her husband. A written
inquiry was faxed to Mr. Zarabi and if he responds the report will be amended.
LEGAL
Legal Form: General Partnership
Previous Legal Form:
Company is NOT required to publish an annual financial report.
Ariana Foods International is believed to be a general partnership
established in California in late 2006 or early 2007.
The Firm has a registered fictitious name:
BUSINESS INFORMATION
Name: ARIANA FOODS
INTERNATIONAL
Address: 4461 PERALTA BVLD
FREMONT, CA 94536
County: ALAMEDA
FILING INFORMATION
Filing Date: 01/08/2007
Identification Number: 389918
Business Type: GENERAL PARTNERSHIP
OWNER INFORMATION
Name: SULAIMAN MALEK
Address: 300 HENRY LANE SAN RAMON CA 94583
Name: ZARABI SEDDIQ
Address: 26735 CALL AVE HAYWARD CA 94542
Managers/Key
Personnel
Mr. Malek Sulaiman
Partner
Mr. Seddiq Zarabi
Partner
AFFILIATED ENTITIES
There is one affiliated business; Ariana Sweets located at the same
address. This business has been operating for approximately 16 years.
BANKS
Bank of The West
33301 Alvarado Niles Road
Union City CA 94587
Telephone: 408-947-5030
Facsimile:
Account Number:
Account Manager:
The bank requires an account number and signature which could not be
obtained at this time.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY
REPTD SALE TERMS $
$ % 30 60
90 91+ COMMENTS
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
ADVERTISNG 07-03 00-00 NET 30 0
0 0 0
0 0 0 CUST 4 YR
CHEMICALS
07-03 00-00 NET 30 100 100
0 50 50 0 0
PAPER DIST 07-03 03-06 COD 0
0 0 0
0 0 0 CUST 6 YR
UTILITY
07-03 00-00 NET 15 500 0
0 0 0 0 0
AIR TRANS
04-05 04-06 100 0
0 0 0 0 0
AIR TRANS
06-11 00-00 NET 30 0 0 0 0
0 0 0 CUST 1 YR
PACKAGING
04-10 00-00 NET 30 0 0 0 0 0
0 0
RETL TRADE 04-09 00-00 NET 30 0
0 0 0
0 0 0
CURRENT QUARTER 600
100 0 50
50 0 0
Payment Trends
INDUSTRY BUSINESS
BALANCE CUR 1- 31- 61-
DATE
CUR DBT DBT $ % 30
60 90 91+
--------
--- --- --- -------- --- --- --- --- ---
20070300
0 8 45 100 0
50 0 50 0
20070200
0 9 30 100 0 50
50 0 0
20070100
0 6 20 600 0 91
0 9 0
20061200
0 5 15 600 0 100 0
0 0
20061100
0 5 15 100 0
100 0 0 0
20061000
0 4 15 100 0 100 0
0 0
Payment History - Quarterly Averages
BALANCE CUR 1- 31- 61-
QUARTER
YEAR DBT $ % 30
60 90 91+
-------- ------ ---
-------- --- --- --- --- ---
First
2007 35 100 0 50 33
17 0
Fourth
2006 17 400 0 96 0
4 0
Third
2006 15
100 0 100 0
0 0
Second
2006 0 0 0 0 0
0 0
First
2006 0 0 0 0 0
0 0
FINANCIAL INFORMATION
Mrs. Zarabi stated that she could not comment on financial details.
Outside sources failed to add any insight into the financial condition of the
Firm.
CURRENT OPERATIONS
NAICS Code: 42 Wholesale Trade
Number of Employees: 2
Business Activity:
The Subject is engaged as an importer and wholesaler of tea.
The above address was confirmed as the headquarters and sole location
for the Firm consisting of leased office space and manufacturing facilities.
PUBLIC RECORD
A search of public revealed no Uniform Commercial Codes, legal actions
or other derogatory information.
GENERAL COMMENTS
Ariana Foods International is a newly formed partnership, engaged as an
importer and wholesaler of tea. The payment record appears generally
satisfactory and the operating record is clear. Nothing of a negative nature
was reported or noted.
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%)