MIRA
INFORM REPORT
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Report Date : |
31st
January, 2007 |
IDENTIFICATION
DETAILS
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Name : |
BRUNSCHWIG & FILS, INC. |
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Registered Office : |
75 Virginia Road, North White Plains, New York 10603 , United States |
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Country : |
United States |
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Date of Incorporation : |
01.05.1956 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Engaged in the design and wholesale trade of fine furniture and home accessories. |
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 : |
Usually
Correct |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name : BRUNSCHWIG & FILS, INC.
Trade Name(s) : Brunschwig & Fils
Address : 75 Virginia Road
City : NORTH WHITE PLAINS
State/Province : NEW YORK
Zip Code : 10603
Country : UNITED STATES
Telephone : 914 684-5800
Facsimile : 914 684-6140
Legal Form : Corporation - Private
Website : www.brunschwig.com
rating Opinion : up to $100,000
Business Activity : The Subject is engaged in the design and wholesale trade of fine furniture and
home accessories.
As of :
Sales / Revenue :
Net Income :
Total Equity :
Number of Employees : 200
NOTE TO CLIENT
The Subject was contacted on January 29, 2007. Ms. Latisha Baviello, Controller, declined to provide information over the phone and asked for our questions in writing, we have e-mailed her a written request for information. On January 30, 2007, a follow up telephone call was placed to Ms. Baviello regarding our written inquiry. As she was unavailable we left her a voice mail message. If a response is received this report will be amended and forwarded on.
As no management interview could be conducted the full scope of the business could not be assessed and the information in the report could not be confirmed with management.
LEGAL
Legal Form : Corporation - Private
Since (D/M/Y) : 01/05/1956
State/Province of Incorporation : NY
Status : ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
Entity Name : BRUNSCHWIG & FILS, INC.
Initial DOS Filing Date : MAY 01, 1956
County : WESTCHESTER
Jurisdiction : NEW YORK
Entity Type : DOMESTIC BUSINESS CORPORATION
ntity Status : ACTIVE
NOTE: New York State does not issue organizational identification numbers.
Managers/Key Personnel
Mr. Thomas P. Peardon, Jr. Chairman & Chief Executive Officer
Mr. Richard A. Williamson President
AFFILIATED ENTITIES
There are no known affiliated companies.
BANKS
THE BANK OF NEW YORK
123 MAIN STREET
Telephone:
Facsimile:
Account Number:
Account Manager:
A reference could not be obtained in absence of an account number and authorization.
PAYMENT HISTORY
BUSINESS DATE
LAST PAYMENT CREDIT BALANCE
CUR 1- 31- 61-
CATEGORY REPTD SALE TERMS
$ $ % 30
60 90 91+ COMMENTS
---------- ----- ----- ------- -------- -------- --- --- --- ---
--- --------
ADVERTISNG 07-01 00-00 NET 30 100
100 100 0 0
0 0 CUST 4 YR
AIR TRANS
06-12 06-12 0000000 5900
1900 86 5 1 8
0 CUST 23 YR
APPAREL
07-01 06-11 NET 60 23100 0
0 0 0 0 0
BUS SERVCS 07-01 00-00 NET 7 3400
2600 100 0 0
0 0
COMPUTERS
07-01 00-00 0000000 3400
0 0 0
0 0 0 CUST 2 YR
COMPUTERS
07-01 01-07 CREDIT 20000 0
0 0 0 0 0
DP SERVCS
07-01 06-10 NET 30 13400 0
0 0 0 0 0
FACTOR
06-12 00-00 VARIED 1200 0
0 0 0 0 0
FINCL SVCS 07-01 07-01 0000000 0 0 0 0 0
0 0 SATSFTRY
FREIGHT
06-09 06-09 VARIED 23400 23400
93 7 0 0 0
FREIGHT
07-01 06-12 VARIED 2300 1000
100 0 0 0
0
NEWSPAPERS 07-01 00-00 NET 30 0
0 0 0
0 0 0
OFFC SUPPL 07-01 99-12 CREDIT 2900
0 0 0 0
0 0
PACKAGING
06-12 06-11 NET 30 2000 400
100 0 0 0
0 CUST 9 YR
PRNTG& PUBL 07-01 00-00 VARIED 100
0 0 0
0 0 0
TELECOM
07-01 06-12 NET EOM 200
0 0 0
0 0 0 CUST 12 YR
TRUCK DLR
07-01 00-00 CONTRCT 900
800 100 0 0
0 0
WAREHOUSE
06-12 00-00 VARIED 0 0 0 0 0
0 0 ACCTCLOSED
AIR TRANS
05-12 00-00 NET 30 22700 3200
91 0 0 0 9
CUST 19 YR
AUTO LEASE 06-08 00-00 VARIED 25600
2000 100 0 0
0 0 CUST 6 YR
COMPUTERS
04-02 00-00 NET 30 0 0 0 0 0
0 0
COMPUTERS
06-06 06-05 0000000 10700
200 0 0
100 0 0
DP SUPPLY
05-07 04-10 NET 30 62700 0
0 0 0 0 0
ELEC MFG
04-03 03-12 NET 30 1100 700
97 0 3 0 0
FACTOR
04-11 04-06 NET 60 7900 0
0 0 0 0 0
FINCL SVCS 06-03 00-00 CONTRCT 0 0 0 0 0
0 0 SATSFTRY
FRGHT FWRD 06-01 00-00 NET 30 4600
100 100 0 0
0 0
FURNTR& FIX 05-09 04-06 VARIED 200
0 0 0
0 0 0
LEASING
06-12 00-00 CONTRCT 1500
800 100 0 0
0 0
LEASING
04-06 04-06 NOTE 3800 500
100 0 0 0
0
LEASING
07-01 00-00 CONTRCT 8800
0 0 0
0 0 0 CUST 1 YR
OFFC EQUIP 04-12 04-12 ROI 300
300 100 0 0
0 0 CUST 1 YR
SAFTY PROD 06-03 00-00 NET 30 0
0 0 0
0 0 0 CUST 1 YR
TRANSPORTN 04-05 00-00 VARIED 100
0 0 0
0 0 0
ADMIN
05-05 00-00 CREDIT 0 0 0 0 0
0 0 CUST 37 YR
CURRENT QUARTER 102300
30200 93 6
0 1 0
Payment Trends
INDUSTRY BUSINESS BALANCE CUR 1- 31- 61-
DATE CUR DBT
DBT $ %
30 60 90 91+
-------- --- ---
--- -------- --- --- ---
--- ---
20070100
0 6 2 29100 92 7
0 1 0
20061200
0 5 2
30400 89
9 2 0 0
20061100
0 6 3 38500 81 18
1 0 0
20061000
0 6 1 45200 93 6
1 0 0
20060900
0 6 1 17700 98 0
2 0 0
20060800
0 7 24 32600 24 33 43
0 0
Payment History - Quarterly
Averages
BALANCE CUR 1- 31- 61-
QUARTER
YEAR DBT $ % 30 60
90 91+
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Fourth
2006 2 32700 87 12 1
0 0
Third
2006 9 31800 70 14 16
0 0
Second
2006 10 14700 32 68 0
0 0
First
2006 7
5300 80 7
13 0 0
Fourth
2005 8 9500 54 43 3
0 0
FINANCIAL INFORMATION
As we have not received a response from management and no further interview could be conducted, financial statements could not be obtained at this time. If a response is received this report will be amended and forwarded on.
CURRENT OPERATIONS
NAICS Code: 42121 Furniture Wholesalers
SIC Code: 5021
Number of Employees: 200
Business Activity
The Subject is engaged in the design and wholesale trade of fine furniture and home accessories.
Products include: sofas‚ tables, ottomans, armchairs, dining and occasional chairs; bar stools, lighting fixtures, mirrors and other related home items.
The headquarters is located at the above address.
The
following showrooms are located around the world:
Scottsdale, AZ
Laguna Niguel, CA
San Francisco, CA
West Hollywood, CA
Denver, CO
Washington, DC
Dania Beach, FL
Atlanta, GA
Chicago, IL
Boston, MA
Troy, MI
Minneapolis, MN
St. Louis, MO
Charlotte, NC
New York, NY
Beachwood, OH
Philadelphia, PA
Dallas, TX
Houston, TX
Seattle, WA
Melbourne, Australia
Sydney, Australia
Toronto, Ontario Canada
Paris, France
London, United Kingdom
United Arab Emirates
PUBLIC RECORD
Name Searched : BRUNSCHWIG & FILS INC.
Debtor Address : BRUNSCHWIG & FILS, INC.
75 VIRGINIA ROAD
NORTH WHITE PLAINS, NY 10603
BRUNSCHWIG & FILS, INC.
75 VIRGINIA ROAD
NORTH WHITE PLAINS, NY 10603
Secured Parties : THE BANK OF NEW YORK
Filing Date : 1/30/2006
Filing Number : 0601300100227
Filing Type : INITIAL FILING
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Name Searched : BRUNSCHWIG & FILS INC.
Debtor Address : BRUNSCHWIG & FILS, INC.
75 VIRGINIA ROAD
NORTH WHITE PLAINS, NY 10603
BRUNSCHWIG & FILS, INC.
75 VIRGINIA ROAD, NORTH WHITE PLAINS, NY 10603
Secured Parties : JPMORGAN CHASE BANK, N.A.
Filing Date : 1/24/2006
Filing Number : 0601240079683
Filing Type : INITIAL FILING
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Name Searched : BRUNSCHWIG & FILS INC.
Debtor Address : BRUNSCHWIG & FILS, INC.
75 VIRGINIA ROAD
NORTH WHITE PLAINS, NY 10603
BRUNSCHWIG & FILS, INC.
75 VIRGINIA ROAD
NORTH WHITE PLAINS, NY 10603
Secured Parties : JPMORGAN CHASE BANK, N.A.
Filing Date : 1/23/2006
Filing Number : 0601230072877
Filing Type : INITIAL FILING
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Name Searched : BRUNSCHWIG & FILS INC.
Debtor Address : BRUNSCHWIG & FILS, INC.
75 VIRGINIA ROAD, NORTH WHITE PLAINS, NY 10603
Secured Parties : JPMORGAN CHASE BANK, N.A.
Filing Date : 2/3/2005
Filing Number : 0502030176003
Filing Type : INITIAL FILING
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Name Searched : BRUNSCHWIG & FILS INC.
Case Name : BRUNSCHWIG & FILS, INC. IN THE MATTER OF THE APPLICATION OF
v.
MOUNT PLEASANT, TOWN OF THE, ITS ASSESSOR AND BOARD OF ASSESSMENT REVIEW
Defendant Counsel : TOWN ATTORNEY, MT. PLEASANT
ONE TOWN HALL PLAZA
VALHALLA, N.Y. 10595
914-742-2326
Plaintiff Counsel : GELLERT & RODNER, ESQS.
55 PONDFIELD ROAD
BRONXVILLE, N.Y. 10708
914-779-4000
Status : ACTIVE
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We have also conducted a nationwide search with bankruptcy courts, which have revealed no record of a firm by this name filing for bankruptcy.
GENERAL COMMENTS
BRUNSCHWIG & FILS, INC. has been engaged as retailers of fine furniture and home accessories since 1956. The Subject's payment history is reported to be satisfactory. Although no management interview could be conducted, we still know the Company to be of good legal standing, with a clear operating history.
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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