MIRA
INFORM REPORT
|
Report Date : |
14.08.2007 |
IDENTIFICATION DETAILS
|
Name : |
BROKERS
INTERNATIONAL INC. |
|
|
|
|
Registered Office : |
3000 |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
1998 |
|
|
|
|
Legal Form : |
Corporation -
Private |
|
|
|
|
Line of Business : |
Wholesaler and
distributor of jewelry and precious stones. |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
Status : |
Small Company |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Exists |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: BROKERS
INTERNATIONAL INC.
Address: 3000
City:
State/Province:
Zip Code: 48075
Country: UNITED
STATES
Telephone: 248
559-5585
Facsimile: 248
559-6212
Founded
(D/M/Y): / /1998
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form: Corporation
- Private
Website: N/A
Business Activity: The Company is a wholesaler and distributor
of jewelry and precious stones.
NOTE TO CLIENT
Contact: Ms. Megan
(no last name provided)
Ms. Megan provided
information about the Company, but declined financial information. Ms. Megan verify that Mr. Bharat Mehta is the
President of the Company
The address provided
in the report:
We found the
following address for the Company 3000 Town Center 1515, Southfield, MI 48075 it
is are believe this address is the headquarters for the Company.
The Firm reports the
following trade marks:
Best IV
Best IV, INC.
The Company was
forward a fax requesting financial information.
Currently we have
not receive a response.
LEGAL
Legal Form: Corporation -
Private
State/Province of
Incorporation: MI
Status: ACTIVE
Previous Legal
Form: Agency
Company is NOT
required to publish an annual financial report.
Name: BROKERS
INTERNATIONAL, INC.
FILING INFORMATION
Identification
Number: 519428
Filing Date:
06/02/1998
Formed Under Act
Number(s): 284-1972
State of
Date
Incorporated: 06/02/1998
Duration: PERPETUAL
Status: ACTIVE
Corporation Type:
DOMESTIC PROFIT CORPORATION
Business Type:
CORPORATION
REGISTERED AGENT INFORMATION
Name: BHARAT S MEHTA
Address: 3000
NAME INFORMATION
Trade Style
Name: BEST IV
Trade Style
Name: BEST IV, INC.
Amendments:
12/04/2006 NAME
CHANGE FROM: BEST IV, INC.
01/25/2006 NAME
CHANGE FROM: BROKERS INTERNATIONAL, INC.
09/30/2002 AGENT
DATA AMENDED PREV RO 23077
STOCK INFORMATION
Authorized Shares:
60,000
ADDITIONAL DETAIL INFORMATION
Additional Details:
2007 ANNUAL REPORT ON MICROFILM #60073647
Managers/Key
Personnel
Mr. Bharat S
Mehta President
AFFILIATED ENTITIES
There are no known
affiliated companies or business.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
The name of the
primary bank institution could not be obtained from management. STANDARD
FEDERAL BANK NA was mentioned as a secured party for financing.
PAYMENT HISTORY
The Company is not a
large seeker of local trade credit as a significant payment record could not be
developed. A payment record could not be obtained.
FINANCIAL INFORMATION
Since the Company
could not be reached, no financial information could be obtained and outside
sources provided no insight whatsoever into the financial condition of the
Company.
CURRENT OPERATIONS
NAICS Code: 42194
Jewelry, Watch, Precious Stone and Precious Metal
SIC Code: 5094
Business Activity:
The Company is a
wholesaler and distributor of jewelry and precious stones.
TRADE REFERENCES
Supplier references
could not be obtained.
PUBLIC RECORD
Filing Number: LT022027
Filing Type: CIVIL JUDGMENT
Filing Office:
Filing Date: 06/24/2002
DEBTOR INFORMATION
Debtor: BROKERS INTERNATIONAL
23077
Debtor Type: BUSINESS
CREDITOR INFORMATION
Creditor: ADVANCED
OFFICE BLDG
JUDGMENT INFORMATION
Total Amount: $3,165.00
--------------------------------------------------------------------------------
Filing Number: 20040061046
Filing Date: 01/09/2004
Filing Type: CONTINUATION
Filing Date of
Related Filing: 04/06/1984
Filing Office:
SECRETARY OF STATE/UCC DIVISION
DEBTOR INFORMATION
Debtor(s): BROKERS INTERNATIONAL, INC.
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): STANDARD FEDERAL BANK NA, FKA
MICHIGAN NATIONAL BANK
GENERAL COMMENTS
The Company
incorporated in 1998, engaged in the wholesale and distribution of jewelry and
diamonds. There was one legal action
reported against the Firm, the status is uncertain as no further information is
currently available.
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
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%)