MIRA
INFORM REPORT
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Report Date : |
05.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
B.H. MULTI COM
CORP. |
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Registered Office : |
15 West 46th
Street, 6th Floor, New York - 10036 |
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Country : |
United States |
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Date of Incorporation : |
22/08/1979 |
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Legal Form : |
Corporation –
Private |
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Line of Business : |
Engaged as a
supplier of precious gems and jewelry. |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: B.H.
MULTI COM CORP.
Address: 15
WEST 46TH STREET, 6TH FLOOR
City: NEW YORK
State/Province: NEW
YORK
Zip Code: 10036
Country: UNITED
STATES
Telephone: 212
944-0020
Facsimile: 212
921-7796
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form: Corporation
- Private
Website: www.bhmulti.com
Business Activity: B.H. MULTI COM CORP. is engaged as a
supplier of precious gems and jewelry.
NOTE TO CLIENT
Vice President, Mr.
Hertsel Akavan declined to provide information for this report during a
telephone interview. A written request for additional information has been
faxed to the subject company. If a response is received this report will be
updated immediately.
NOTE: An employee count could not be obtained at
the time of this report.
LEGAL
Legal Form: Corporation - Private
Since (D/M/Y): 22/08/1979
State/Province of
Incorporation: NEW YORK
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
Entity Name: B.H.
MULTI COM CORP.
Initial Filing
Date: AUGUST
22, 1979
County: QUEENS
Jurisdiction: NEW
YORK
Entity Type: DOMESTIC
BUSINESS CORPORATION
Current Entity
Status: ACTIVE
Selected
Entity: B.H. MULTI COM CORP.
83-44
LEFFERTS BLVD
KEW GARDENS, NEW YORK,
11415
Registered
Agent: NONE
Managers/Key
Personnel
Mr. Effy
Hematian President
Mr. Hertsel
Akavan Vice President
AFFILIATED ENTITIES
At this time, it
could not be determined whether the Subject has any affiliates or subsidiary
firms.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
A bank reference was
declined by management.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY
REPTD SALE TERMS $
$ % 30
60 90 91+ COMMENTS
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
AIR TRANS
07-07 00-00 0000000 13400
6000 100 0 0
0 0 CUST 18 YR
CHEMICALS
07-08 00-00 NET 30 200 0
0 0 0 0 0
FACTOR
07-07 00-00 VARIED 14500 11700
100 0 0 0
0
PACKAGING
07-08 06-11 NET 30 400 0
0 0 0 0 0
CUST 3 YR
PAPER PROD 07-08 00-00 NET 30 0
0 0 0
0 0 0
TELECOM
07-08 00-00 NET 30 100 100
100 0 0 0
0
AIR TRANS
06-11 00-00 NET 30 100 100
100 0 0 0
0 CUST 1 YR
BUS SERVCS 05-03 05-03 NET 30 0
0 0 0
0 0 0
COMPUTERS
05-11 05-10 UNK 15000 5700
0 81 19 0 0
MANUFCTRNG 06-10 00-00 CHECK 0
0 0 0
0 0 0
TELECOM
05-02 00-00 NET 30 100 100
100 0 0 0 0
CURRENT QUARTER 28600
17800 100 0 0
0 0
Payment Trends
INDUSTRY BUSINESS
BALANCE CUR 1- 31- 61-
DATE
CUR DBT DBT $ % 30
60 90 91+
--------
--- --- --- -------- ---
--- --- --- ---
20070800
0 13 1 18400 96 4
0 0 0
20070700
0 13 7 14100 58 40
2 0 0
20070600
0 14 2 9200 85 15
0 0 0
20070500
0 12 1 4400 94 6
0 0 0
20070400
0 12 1 4400 94 6
0 0 0
20070300
0 12 2 6100 96 0
4 0 0
Payment History - Quarterly Averages
BALANCE CUR 1-
31- 61-
QUARTER
YEAR DBT $ % 30 60
90 91+
-------- ------ ---
-------- --- --- --- --- ---
Second
2007 4 9200 73 26 1
0 0
First
2007 1 5500 96 3 1
0 0
Fourth
2006 1 5600 96 3 1
0 0
Third
2006 2 9700 84 16 0
0 0
Second
2006 3 15600 81 19 0
0 0
FINANCIAL INFORMATION
No financial figures
regarding the subject company could be obtained directly from management or
from outside sources at the time of this report.
CURRENT OPERATIONS
NAICS Code: 42194
Jewelry, Watch, Precious Stone and Precious Metal
SIC Code: 5094
Business Activity:
B.H. MULTI COM CORP.
is engaged as a supplier of precious gems and jewelry.
The heading address
is the Company headquarters and serves as an administrative office and storage
facility. At this time, it could not
be determined whether the Company conducts business at any additional
locations.
PUBLIC RECORD
A search of public
failed to reveal any Uniform Commercial Codes, tax liens, legal actions, or
bankruptcy petitions at this time.
GENERAL COMMENTS
B.H. Multi Com
Corp., incorporated in 1979 in the state of New York, engages as a supplier of
jewelry. A payment record appears in great condition. A search of public
records failed to reveal negative information against the Company. The Company is considered well-established,
and appears responsible for all normal business transactions.
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%)