MIRA
INFORM REPORT
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Report Date : |
12.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
MONIQUE CREATIONS, INC. |
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Registered Office : |
26 West 47th Street Suite 602, New York - 10036 |
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Country : |
United States |
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Date of Incorporation : |
10/01/1997 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Retailer of jewelry products. |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: MONIQUE CREATIONS, INC.
Address: 26 WEST 47TH STREET SUITE 602
City: NEW YORK
State/Province: NEW YORK
Zip Code: 10036
Country: UNITED STATES
Telephone: 212-997-2442
Facsimile: 212-944-6076
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees: 6
Legal Form: Corporation - Private
Website: N/A
Maj. Shareholder: Mr. Rajen Drabajaj
Business Activity: The
Subject is a retailer of jewelry products.
NOTE TO CLIENT
Person Contacted: Receptionist,
no name provided. He verified the legal
name, address, fax number, president, business activity, and number of
employees before deferring all other information to Mr. Rajen Drabajaj,
President and Owner, who was not in the office at the time we contacted the
Company. A fax was sent to Mr. Drabajaj
to obtain this information.
LEGAL
Legal Form: Corporation
– Private
Since (D/M/Y): 10/01/1997
State/Province of Incorporation: NY
Status:
ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
The Company incorporated is in New York under the following
registration:
Entity Name: MONIQUE
CREATIONS, INC.
Initial DOS Filing Date: JANUARY
10, 1997
County: NEW
YORK
Jurisdiction: NEW YORK
Entity Type: DOMESTIC
BUSINESS CORPORATION
Current Entity Status: ACTIVE
MONIQUE CREATIONS, INC.
SUITE 903
15 WEST 47TH STREET
NEW YORK, NEW YORK, 10036
Registered Agent: NONE
Managers/Key
Personnel
Mr. Rajen Drabajaj
President
OWNERS
Mr. Rajen Drabajaj % Majority
AFFILIATED ENTITIES
The Company has no affiliates or subsidiaries.
BANKS
NY
Telephone:
Facsimile:
Account Number:
Account Manager:
A bank name could not be learned at this time. A search of public found
HSBC Bank as a secured party, however, this bank could not be confirmed by
management.
PAYMENT HISTORY
No payment record was found for the Subject at this time.
FINANCIAL INFORMATION
The receptionist deferred all financial statement information to Mr.
Drabajaj. If we receive a response to
our fax request, we will amend the report accordingly.
CURRENT OPERATIONS
NAICS Code: 44831 Jewelry Stores
SIC Code: 5944
Number of Employees:
6
Business Activity:
The Subject is a retailer of jewelry products.
The heading address is the sole location for the Subject.
TRADE REFERENCES
A fax was sent to the Company to obtain trade references. If we receive a response, we will amend the
report accordingly.
PUBLIC RECORD
A search of public records revealed the following information and no
bankruptcy petitions.
Name Searched: MONIQUE CREATIONS INC.
Debtor Address: MONIQUE CREATIONS, INC.
26 W 47TH ST.
NEW YORK, NY 10036
Secured Parties: HSBC BANK USA, NATIONAL ASSOCIATION
Filing Date: 11/7/2005
Filing Number: 0511075974273
Filing Type: INITIAL FILING
GENERAL COMMENTS
The Subject, incorporated in New York in 1997, is engaged as a jewelry
store. No payment record was found for
the Subject, however, the operating history is clear. No derogatory information or bankruptcy petitions were reported
or noted. The Company is responsible
for normal business transactions.
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%)