MIRA
INFORM REPORT
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Report Date : |
09.08.2007 |
IDENTIFICATION DETAILS
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Name : |
K.P. IMPORTS, INC |
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Registered Office : |
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Country : |
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Date of Incorporation : |
12/11/1992 |
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Legal Form : |
Corporation –
Private |
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Line of Business : |
Wholesalers of
jewelry. |
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 |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name: K.P.
IMPORTS, INC
Address:
City:
State/Province:
Zip Code: 10036
Country: UNITED
STATES
Telephone: 212
869-5131
Facsimile: 212
944-6076
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees: 5
Legal Form: Corporation
- Private
Website: No
website
Maj.
Shareholder: The Bajaj Family
Business Activity: Wholesalers of jewelry.
NOTE TO CLIENT
Attempts to
interview the Subject were unsuccessful and the telephone number provided in the
request; (212-869-5131) had no response or voice mail.
We found a alternate
telephone number (212-997-2444) that was link to the Company, but unfortunately
there was no response as well.
We forwarded a
written inquiry to the fax number provided. Currently we have not receive a
response.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 12/11/1992
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
Current Entity Name:
K.P. IMPORTS INC.
Initial DOS Filing
Date: NOVEMBER 17, 1992
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)
K.P. IMPORTS INC.
Principal Executive Office
K.P. IMPORTS INC.
Registered Agent
NONE
Managers/Key
Personnel
Mr. Rajendra
Bajaj President & CEO
Ms. Kavita
Bajaj Controller
OWNERS
The Bajaj
Family % Majority
AFFILIATED ENTITIES
There are no known
divisions, subsidiaries, or affiliated companies as far as can be determined.
BANKS
NY
Telephone:
Facsimile:
Account Number:
Account Manager:
The name of a primary
bank could not be obtained either directly from management or determined by
outside sources.
PAYMENT HISTORY
The firm does not
appear to be a seeker of local trade credit and as such a significant payment
record could not be developed.
FINANCIAL INFORMATION
We could not obtain
any financial information. Outside sources consulted failed to add any insight
into the financial condition of this firm.
CURRENT OPERATIONS
NAICS Code: 42
Wholesale Trade
Number of
Employees: 5
Business Activity:
Wholesalers of
jewelry.
The Company
specializes in diamond engagement and wedding rings as well as other related
items which are distributed throughout the
The above address is
the headquarters and sole location of the company.
PUBLIC RECORD
A search of public
revealed no Uniform Commercial Codes, legal actions or bankruptcy petitions.
GENERAL COMMENTS
K.P. Imports, Inc.,
incorporated in 1992, are engaged as wholesalers of jewelry. A significant
payment record could not be developed on the subject. However, no derogatory
information was found. Should management provide any further details the report
will be amended.
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%)