MIRA
INFORM REPORT
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Report Date : |
25.07.2007 |
IDENTIFICATION DETAILS
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Name : |
R. & R.
GROSBARD, INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
18.02.1998 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Manufacturer of jewellery. |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Small Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name : R. & R. GROSBARD, INC.
Address : 1185 6TH AVENUE 20TH FLOOR
City :
State/Province :
Zip Code : 10036
Country : UNITED STATES
Telephone : 212 575-0077
Facsimile : 212-840-3765
Legal Form : Corporation - Private
Website : N/A
Maj. Shareholder : Mr. Robert Grosbard
As of :
Sales / Revenue :
Net Income :
Total Equity :
Business Activity : The Company is a manufacturer of jewelry.
NOTE TO CLIENT
Person Contacted: Ms. Rosemary Diaz, Accounting Manager. She verified the legal name, address, and fax number before requesting us to call in one business day to provide additional information. We will contact Ms. Diaz at this time in order to verify information for this report.
No other information in this report could be confirmed by management.
LEGAL
Legal Form : Corporation - Private
Since (D/M/Y) : 18/02/1998
State/Province of Incorporation : NY
Status : ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
The Company incorporated in
Current Entity Name : R. & R. GROSBARD, INC.
Initial DOS Filing Date : FEBRUARY 18, 1998
County :
Jurisdiction :
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)
R. & R. GROSBARD, INC.
1185
Principal Executive
Office
R. & R. GROSBARD, INC.
1185 AVE. OF
Registered Agent : NONE
Managers/Key Personnel
Mr. Robert Grosbard President
Ms. Rosemary Diaz Accounts Manager
OWNERS
Mr. Robert Grosbard 100.00% Majority
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE
CUR 1- 31- 61-
CATEGORY
REPTD
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
AIR TRANS
06-02 00-00 7100 1800
100 0 0 0
0 CUST 22 YR
BUS SERVCS 06-01 00-00 VARIED 200
200 100 0 0 0 0
BUS SERVCS 06-02 06-02 NET 30 0
0 0 0
0 0 0
OFFC SUPPL 05-12 05-11 CREDIT 1800
100 100 0 0
0 0
CURRENT QUARTER 9100 2100
100 0 0 0 0
Payment Trends
INDUSTRY BUSINESS BALANCE
CUR 1- 31- 61-
DATE
CUR DBT DBT $ %
30 60 90 91+
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--- --- --- -------- --- --- --- --- ---
20060400
0 0 0 2100 100 0
0 0 0
20060300
0 0 0 2100 100 0
0 0 0
20060200
0 0 0 300 100 0
0 0 0
20060100
0 0 0 200 100 0
0 0 0
20051200
0 0 0 100
100 0 0
0 0
20051100
0 0 0 0 0
0 0 0 0
Payment History - Quarterly
Averages
BALANCE
CUR 1- 31- 61-
QUARTER
YEAR DBT $ %
30 60 90 91+
-------- ------ --- -------- --- --- --- --- ---
First
2006 0 1500 100 0
0 0 0
Fourth
2005 0 0 0
0 0 0 0
Third
2005 0 0
0 0 0
0 0
Second
2005 0 200 100 0
0 0 0
First
2005 0 2500 100 0
0 0 0
FINANCIAL INFORMATION
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CURRENT OPERATIONS
NAICS Code : 339911 Jewelry (except Costume) Manufacturing
SIC Code : 3911
Business Activity
The Company is a manufacturer of jewelry.
PUBLIC RECORD
A search of public revealed no derogatory information, Uniform Commercial Codes, or bankruptcy petitions.
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%)