MIRA
INFORM REPORT
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Report Date : |
22.08.2007 |
IDENTIFICATION DETAILS
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Name : |
SPLENDID DESIGNS
INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
18/08/2003 |
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Legal Form : |
Corporation –
Private |
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: SPLENDID
DESIGNS INC.
Address:
City: CLOSTER
State/Province: NEW
Zip Code: 07624
Country: UNITED
STATES
Telephone: 201
768-0249
Facsimile: Not
found
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form: Corporation
- Private
Website: Not
found
Business Activity: Unknown
NOTE TO CLIENT
NOTE: WITH REGARD TO
THE PROVIDED NAME SPLENDID DESIGNER. PLEASE BE ADVISED THAT THE CORRECT LEGAL
NAME FOR THIS FIRM IS SPLENDID DESIGNS, INC. FOR WHICH A REPORT FOLLOWS.
IMPERATIVES
We found an active
registration a the New Jersey Secretary of State's Office for Splendid Designs,
Inc. (see the legal section for a full registration).
Searching by the
name, Splendid Designs Inc., we found no Internet address or web site that
could lead to the subject. We found no payment history or Uniform
Commercial Codes in
the Company's name. No information about the Company was discovered on the
Internet. A nationwide search of bankruptcy courts revealed no record of a
Company by this name filing for bankruptcy.
The Address provided
of
Numerous attempts to
reach someone at this phone number resulted in leaving phone messages that are
currently unreturned. No other phone number was discovered in the investigative
process. This may be a small business operating from a residential location.
At this time,
messages have been left for a callback and a written inquiry was mailed to the
Firm. If a response is received the report will be amended.
This is a full
investigation.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 18/08/2003
State/Province of
Incorporation: NJ
Status: ACTIVE
Previous Legal Form:
Company is NOT required
to publish an annual financial report.
Business Name: SPLENDID
DESIGNS INC.
Business ID
Number: 0100910060
Business Type: DOMESTIC
PROFIT CORPORATION
Status: ACTIVE
Filing Date: 08/18/2003
Home
Jurisdiction: NJ
Last Annual
Report: 11/28/2006
Incorporator: JACQUELINE
WARD
Agent: NIPA SHAH
Agent Address:
Office Address
Status: Deliverable
Main Business
Address:
Business
Address:
Managers/Key
Personnel
Ms. Nipa Shah President
FINANCIAL INFORMATION
No financial details
could be obtained.
CURRENT OPERATIONS
NAICS Code: 999
Unclassified Establishments
Business Activity:
Unknown
PUBLIC RECORD
Debtor Address:
SPLENDID DESIGNS INC.
Secured Parties:
HSBC BANK
Filing Date:
11/3/2004
Filing Number:
22657183
Filing Type: INITIAL
FILING
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%)