MIRA
INFORM REPORT
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Report Date : |
28.08.2007 |
IDENTIFICATION DETAILS
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Name : |
MAY-BO JEWELRY |
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Registered Office : |
88b |
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Country : |
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Line of Business : |
It is believed
that the Subject is engaged as a retailer 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: MAY-BO
JEWELRY
Address: 88B
City:
State/Province:
Zip Code: 10013
Country: UNITED
STATES
Telephone: 917
214-1260
Facsimile: 212
966-9016
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form:
Website: No
Website
Business Activity: It is believed that the Subject is
engaged as a retailer of jewelry.
NOTE TO CLIENT
The information in
this report was obtained from outside sources and could not be confirmed with
management.
IMPERATIVES
The Company was
contacted. A lady answered the phone and
verified the name of the Company as May-Bo Jewelry, no additional information
was provided about the Company. The
information presented in this report could not be confirmed. Additionally, we
sent a fax requesting information. Currently we have not received a response.
The New York
Secretary of State's Office failed to locate a registration under the name
May-Bo Jewelry. A nationwide search of the Secretaries of State's Office also
failed to yield any results regarding this name. At this time, it is believed
that the Subject is operating as a sole proprietorship.
No website could be
located.
We could not obtain
an employee number.
No payment record
was found under the name May-Bo Jewelry.
A variety of outside
sources were consulted; business directories, registers and an extensive
Internet search failed to provide any information on the Firm. A nationwide search of public shows no suits,
judgments or liens filed against the subject. We also conducted a nationwide
search with bankruptcy courts, which have revealed no record of a firm by this
name filing for bankruptcy.
No additional
information could be obtained.
LEGAL
Legal Form:
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
FINANCIAL INFORMATION
No Financial
information could be obtained.
CURRENT OPERATIONS
NAICS Code: 44831
Jewelry Stores
SIC Code: 5944
Business Activity:
It is believed that
the Subject is engaged as a retailer of jewelry.
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%)