MIRA
INFORM REPORT
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Report Date : |
01.02.2007 |
IDENTIFICATION
DETAILS
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Name : |
ASIAN
STAR COMPANY LTD. |
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Registered Office : |
551
5th Avenue Suite # 3502, New York 10176 |
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Country : |
United
States |
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Date of Incorporation : |
11/01/1996 |
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Legal Form : |
Limited
Company |
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Line of Business : |
Jewelry
manufacturer. |
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 : ASIAN STAR COMPANY LTD.
Trade
Name(s) : JEWEL ART
Address : 551 5TH AVENUE SUITE
#3502
City : NEW YORK
State/Province : NEW YORK
Zip Code : 10176
Country : UNITED STATES
Telephone : 212-354-0666
Facsimile : 212-354-0606
Legal
Form : Limited Company
As of :
Sales /
Revenue :
Net
Income :
Total
Equity :
Website : No website found.
Business
Activity : The Company is
engaged as a jewelry manufacturer.
NOTE TO CLIENT
Mr.
Mehul Shroff, President, declined to provide any information regarding the
Subject. Thus, general information contained in this report cannot be
substantiated.
Number
of employees could not be determined.
LEGAL
Legal
Form :
Limited Company
Since
(D/M/Y) :
11/01/1996
State/Province
of Incorporation : NY
Status : ACTIVE
Previous
Legal Form:
Company
is NOT required to publish an annual financial report.
The
Company is organized in New York State:
ASIAN
STAR COMPANY LTD.
Initial
DOS Filing Date: JANUARY 11, 1996
County:
QUEENS
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)
C/O MS
SWETA KOTHARI
104-40
QUEENS BLVD
SUITE
21V
FOREST HILLS,
NEW YORK, 11375
Registered
Agent
NONE
Managers/Key
Personnel
Mr.
Mehul Shroff
President
AFFILIATED ENTITIES
As far
as could be determined, there are no affiliates or subsidiaries.
BANKS
NY
Telephone:
Facsimile:
Account
Number:
Account
Manager:
Management
declined to provide the name of the Company's primary bank.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY
REPTD SALE TERMS $
$ % 30
60 90 91+ COMMENTS
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
AIR TRANS
06-10 00-00 0000000 300
200 100 0 0
0 0 CUST 2 YR
COMPUTERS
07-01 00-00 CREDIT 15000 0
0 0 0 0 0
OFFC SUPPL 07-01 04-05 CREDIT 1400
0 0 0
0 0 0
BUS SERVCS 05-03 05-03 NET 30 0
0 0 0
0 0 0
CELLUL/PAG 05-08 05-07 NET 30 400
100 100 0 0
0 0 CUST 5 YR
GENERAL
04-05 97-04 NET 30 0 0 0 0 0
0 0 CUST 12 YR
CURRENT QUARTER 16700
200 100 0 0
0 0
Payment Trends
INDUSTRY BUSINESS
BALANCE CUR 1- 31- 61-
DATE
CUR DBT DBT $ % 30
60 90 91+
--------
--- --- --- -------- --- --- --- --- ---
20070100
0 5 0 200 100
0 0
0 0
20061200
0 5 0 200 100
0 0
0 0
20061100
0 5 0 200 100 0 0
0 0
20061000
0 5 0 300 100
0 0
0 0
20060900
0 5 0 300 100
0 0
0 0
20060800
0 6 0 0 0 0
0 0 0
Payment History - Quarterly Averages
BALANCE CUR 1- 31- 61-
QUARTER
YEAR DBT $ % 30 60
90 91+
-------- ------ ---
-------- --- --- --- --- ---
Fourth
2006 0 200 100 0 0
0 0
Third
2006 0 0 0 0 0
0 0
Second
2006 0 0 0 0 0
0 0
First
2006 0 0 0 0 0
0 0
Fourth
2005 0 0 0 0
0 0 0
FINANCIAL INFORMATION
Management
declined to provide any financial information and outside sources could not
provide any insight into the financial status of the Subject.
CURRENT OPERATIONS
NAICS
Code : 44831 Jewelry Stores
SIC
Code : 5944
Business
Activity:
The
Company is engaged as a jewelry manufacturer.
The
headquarters are at the heading address. As far as could be determined, there
are no branch locations or divisions.
PUBLIC RECORD
The following
Uniform Commercial Codes were filed by the Company:
UNIFORM
COMMERCIAL CODE REPORT
Information
Current Through: 12-06-2006
Database
Updated: 01-30-2007
Update
Frequency: Weekly
Current
Date: 01/31/2007
Source: NY SECRETARY OF STATE
FILING
INFORMATION
Filing
Number: 402030117083
Filing
Date: 02/03/2004
Expiration
Date: 12/29/2008
Filing
Type: AMENDMENT
Filing
Date of Related Filing: 12/29/1998
Filing
Office: SECRETARY OF STATE/UCC DIVISION
162
WASHINGTON AVE
ALBANY,
NY 12210
DEBTOR
INFORMATION
Debtor(s): ASIAN STAR COMPANY LTD.
551
FIFTH AVENUE
NEW
YORK, NY 10176
ASIAN
STAR COMPANY LTD.
580
FIFTH AVENUE
NEW
YORK, NY 10036
SECURED
PARTY OR CREDITOR INFORMATION
Secured
Party(s): ANTWERPSE DIAMANTBANK N.V.
PELIKAANSTRAAT
54
B-2018,
AN TWERP-EN00
--------------------------------------------------------------------------------
UNIFORM
COMMERCIAL CODE REPORT
Information
Current Through: 12-06-2006
Database
Updated: 01-30-2007
Update
Frequency: Weekly
Current
Date: 01/31/2007
Source: NY SECRETARY OF STATE
FILING
INFORMATION
Filing
Number: 307031274286
Filing
Date: 07/03/2003
Expiration
Date: 12/29/2008
Filing
Type: CONTINUATION
Filing
Date of Related Filing: 12/29/1998
Filing
Office: SECRETARY OF STATE/UCC DIVISION
162
WASHINGTON AVE
ALBANY,
NY 12210
DEBTOR
INFORMATION
Debtor(s): ASIAN STAR COMPANY LTD.
580
FIFTH AVENUE
NEW
YORK, NY 10036
SECURED
PARTY OR CREDITOR INFORMATION
Secured
Party(s): ANTWERPSE DIAMANTBANK N.V.
PELIKAANSTRAAT
54
B-2018,
AN TWERP-EN00
--------------------------------------------------------------------------------
A search
of bankruptcy courts revealed no record of the Company filing for bankruptcy.
GENERAL COMMENTS
The
Subject is engaged as an established manufacturer of jewelry. Payment are
considered to be generally satisfactory and a search of public records and
bankruptcy courts returned no derogatory information or record of the Company
filing a bankruptcy petition.
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/normal. |
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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