MIRA INFORM REPORT

 

 

Report Date :

14.08.2007

 

IDENTIFICATION DETAILS

 

Name :

SHERIE COTTON U S A INC.

 

 

Registered Office :

3280 Sunrise Highway Suite 253, Wantagh, New York - 11793                       

 

 

Country :

United States               

 

 

Date of Incorporation :

03/02/2006

 

 

Legal Form :

Corporation – Private

 

RATING & COMMENTS

 

MIRA’s Rating :

NR

 

RATING

STATUS

PROPOSED CREDIT LINE

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

Status :

Undetermined

 


IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name:            SHERIE COTTON U S A INC.

Address:                       3280 SUNRISE HIGHWAY SUITE 253

City:                             WANTAGH

State/Province:              NEW YORK                             

Zip Code:                      11793                        

Country:                                    UNITED STATES               

Telephone:                    n/a                         

Facsimile:                     n/a

As of:

Sales / Revenue:

Net Income:

Total Equity:

Legal Form:                   Corporation - Private

Website:                       No Website

Business Activity:

 

 

IMPERATIVES

 

PLEASE NOTE: A corporate registration has been found for the Firm, (please see the legal section).

 

The address that was provided 3280 Sunrise Highway Suite 253 Wantagh, NY 516-783-6800 is for United Parcel Service (UPS), not the Firm. We have contacted UPS and inquired about SHERIE COTTON USA INC. the representative, stated that SHERIE COTTON USA INC. uses this address to receive mail only. No headquarters address could be obtained for the Firm from United Parcel Service (UPS). Due to the UPS policy they can not provide any information on their clients.

 

An electronic search via the internet has been conducted for a principal address and contact number for SHERIE COTTON USA INC., the search was unsuccessful.

 

A search of telephone directory assistance could provided no insight into contact information for the firm.

 

The principal nature of business could not be determined.

 

The Company is not a seeker of local trade credit and as such a significant payment record could not be developed

 

A Nationwide of search of public and bankruptcy courts revealed no Uniform Commercial Codes, tax liens, legal actions or bankruptcy filings under the Subject's name.

-----------

No further information is available at this time, this is a full investigation.

 

 

LEGAL

 

Legal Form:                               Corporation - Private 

Since (D/M/Y):                           03/02/2006

State/Province of Incorporation:   VA

Status:                                                  ACTIVE

Previous Legal Form:

 

Company is NOT required to publish an annual financial report.

Current Entity Name: SHERIE COTTON U S A INC.

Initial DOS Filing Date: FEBRUARY 03, 2006

County: NASSAU

Jurisdiction: NEW YORK

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)

SHERIE COTTON U S A INC.

3280 SUNRISE HIGHWAY

SUITE #253

WANTAGH, NEW YORK, 11793

Registered Agent

NONE

 

 

FINANCIAL INFORMATION

 

We could not obtain any financial information and outside sources provided no insight into the financial status of the company.

 

 

CURRENT OPERATIONS

 

NAICS Code:   999       Unclassified Establishments

 

 


 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions