MIRA
INFORM REPORT
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Report Date : |
11.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
S.M. PRODUCTS, INC. |
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Registered Office : |
13210 Hempstead Road Suite 3a, Houston, Texas : 77040 |
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Country : |
United States |
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Legal Form : |
Corporation-Private |
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Line of Business : |
-- |
RATING &
COMMENTS
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MIRA’s Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Undetermined |
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Payment Behaviour : |
-- |
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Litigation : |
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IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name : S.M. PRODUCTS, INC.
Address : 13210 HEMPSTEAD ROAD SUITE 3A
City : HOUSTON
State/Province : TEXAS
As of :
Zip Code : 77040
Sales / Revenue :
Country : UNITED STATES
Net Income :
Telephone : 832 364-6798
Total Equity :
Facsimile : 832 201-0622
Legal Form : Corporation - Private
Website : N/A
@rating Opinion :
Business Activity :
NOTE TO CLIENT
NOTE::LEGAL NAME: S.M. PRODUCTS, INC.
ORDERED NAME: SM PRODUCTS INC.
Please note that the street name, Hemsteap Road, should be Hempstead
Road.
Please see " Imperatives" for more information.
IMPERATIVES
In researching the Subject, we found an active registration for the Subject in
the state of Texas.
When we called the telephone number provided for this report, 832-364-6798, this number went directly to an automated voicemail message and never listed the name of the Company. We have left several messages, however, we have not received any responses at this time.
We also sent a fax form to the ordered fax number, 832-201-0622, if we receive a response to this fax, we will amend the report accordingly.
In addition, we also tried to look for an alternative telephone number for the Subject. When we performed a reverse address search on 13210 HEMPSTEAD ROAD SUITE 3A, HOUSTON, TX, we could not find any listings for the Subject, however, we did contact a neighboring company located in the same building, LOW VOLTS
TECHNOLOGIES (tel: 713-682-0500). The person we spoke with was not familiar with the Subject, however, he did provide the number for building management, BERNELL AND ASSOCIATES (tel: 713-526-1094). We spoke with the building manager who told us that Suite 3A in this building has been vacant for more than one
month and that the previous tennant was not the Subject Company. We could not determine at this time where the Company is located.
Through further research, we found the trade name for the Subject to be SILVER TEXTILE with Mr. Syed Owais Ali and Mr. Zia Syed as managers. We did find Mr. Ali in association with the name SILVER TEXTILE, however, the address we found was the following:
D 28 Sector 12/A North Karachi Industrial Area
Karachi, Sindh Pakistan
Tel: (92-21) 6980830
We also found the website, www.silvertextile.com, which listed the name SILVER TEXTILE FACTORY as a manufacturer of terry cloth products and linens.
Due to the fact that this entity is located outside the United States, we cannot it to determine how these to companies are related.
No other information could be learned at this time.
This is a full and complete investigation.
LEGAL
Legal Form : Corporation - Private
Since (D/M/Y) : 16/12/2005
State/Province of Incorporation : TX
Status : ACTIVE
Previous Legal Form : Company is NOT required to publish an annual financial report.
The Company incorporated in Texas under the following registration.
Company Information : S.M. PRODUCTS, INC.
PO BOX 720437
HOUSTON, TX 77272-0437
Status: TEMPORARY GOOD STANDING through May 14, 2007
Registered Agent: SYED OWAIS ALI
13210 HEMPSTEAD ROAD SUITE 3A
HOUSTON, TX 77040
State of Incorporation: TX
File Number: 0800585192
Charter/COA Date: December 16, 2005
Charter/COA Type: Charter
Taxpayer Number: 12040270857
Managers/Key
Personnel
Mr. Syed Owais Ali Manager
Mr. Zia Syed Manager
PAYMENT HISTORY
No payment record was found for the Subject at this time.
FINANCIAL INFORMATION
CURRENT OPERATIONS
NAICS Code: 99 Unclassified Establishments
PUBLIC RECORD
A search of public revealed no derogatory information, bankruptcy
petitions or Uniform Commercial Codes.
Filing Number: 60024812942
Filing Date: 07/24/2006
Filing Type: ORIGINAL
Debtor(s): S.M. PRODUCTS, INC.
13210 HEMPSTEAD RD STE 3A
HOUSTON, TX 77040
Secured Party(s): DCD CAPITAL, L.L.C.
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%)