MIRA
INFORM REPORT
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Report Date : |
10.08.2007 |
IDENTIFICATION DETAILS
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Name : |
MBN IMPORTS |
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Registered Office : |
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Country : |
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Line of Business : |
Wholesaler and Manufacturer of fancy- shaped diamonds |
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 : MBN IMPORTS
Address :
City :
LOS ANGELES
State/Province :
Zip Code :
90013
Country :
UNITED STATES
Telephone :
213-622-0839
Facsimile :
213-622-1434
Legal Form : --
Website :
www.mbnimports.com
Business Activity : We
believe the Subject to be a wholesaler and manufacturer of fancy- shaped
diamonds.
As of :
--
Sales / Revenue : --
Net Income : --
Total Equity : --
NOTE TO CLIENT
We were unable to learn enough information about the Company. Please see
below for more information.
IMPERATIVES
We contacted the company and spoke to a representative (no name or title
provided) who adamantly declined to provide any information about the company.
She asked that we communicate our request in the form of a fax.
Please note that we did send a written request to the owner, Nitin
Shah's attention via facsimile. An update will be provided accordingly should
we receive a response at a later time.
We could not find a registration for the Company with the Secretary of
State of California.
A comprehensive Internet search revealed very little information
regarding the Subject.
No payment record was found under the name MBN IMPORTS.
There were no legal filings found against the Company.
A search of bankruptcy courts revealed no record of a Company by this
name filing for bankruptcy.
We have reached an impasse.
LEGAL
Legal Form :
Previous Legal Form :
Company is NOT required to publish an annual financial report.
Managers/Key Personnel
Mr. Nitin Shah Owner
FINANCIAL INFORMATION
Nil
CURRENT OPERATIONS
NAICS Code: 42194 Jewelry, Watch, Precious Stone and
Precious Metal
SIC Code: 5094
Business Activity
We believe the Subject to be a wholesaler and manufacturer of fancy-
shaped diamonds.
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. |
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%)