MIRA
INFORM REPORT
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Report Date : |
19th
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
HIGH ACCESSORIES, INC. |
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Registered Office : |
377 5th Avenue 2nd Floor, New York, New York 10016, United States |
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Country : |
United States |
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Date of Incorporation : |
04/08/1993 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Wholesaler of hair products. |
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 : HIGH ACCESSORIES, INC.
Trade Name(s) : Depeche Mode Accessories
Address : 377 5TH AVENUE 2ND FLOOR
City : NEW YORK
State/Province : NEW YORK
Zip Code : 10016
Country : UNITED STATES
Telephone : 212 447-0120
Facsimile : 212 686-2035
Legal Form : Corporation - Private
Website : No website
Maj. Shareholder : Mr. Charbel Mansour
@rating Opinion : up to $100,000
Business Activity : HIGH ACCESSORIES, INC. is engaged as a wholesaler of hair products.
As of :
Sales / Revenue :
Net Income :
Total Equity :
Number of Employees : 10
NOTE TO CLIENT
Assistant to the President, Ms. Karen provided very general information and then declined to provide anything further on behalf of the President, Mr. Charbel Mansour.
ADDITIONAL FAX: 212 779-2920
Amount Requested: 50,000
The amounts requested and advised are expressed in: EUR
LEGAL
Legal Form : Corporation - Private
Since (D/M/Y) : 04/08/1993
State/Province of Incorporation : NY
Status : ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
Selected Entity Name : HIGH ACCESSORIES, INC.
Initial DOS Filing Date : AUGUST 04, 1993
County : NEW YORK
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)
HIGH ACCESSORIES, INC.
1225 BROADWAY
STE. 303
NEW YORK, NEW YORK, 10001
Registered Agent
NONE
Managers/Key Personnel
Mr. Charbel Mansour President
OWNERS
Mr. Charbel Mansour % Majority
AFFILIATED ENTITIES
No known subsidiaries, divisions or parent companies.
BANKS
Hudson United Bank
1000 MACARTHUR BOULEVARD
New Jersey NY 07430
Telephone: (201) 236-2796
Facsimile: (201) 236-3981
Account Number:
Account Manager:
Listed as a secured party. Requires a signed authorization which could not be obtained at the time of this report.
PAYMENT HISTORY
BUSINESS DATE LAST
PAYMENT CREDIT BALANCE CUR 1-
31- 61-
CATEGORY REPTD SALE TERMS
$ $ %
30 60 90 91+ COMMENTS
---------- ----- ----- ------- -------- -------- --- --- --- ---
--- --------
AIR TRANS
06-12 06-12 0000000 6200
5300 96 3
1 0 0 CUST 16 YR
BUS SERVCS 07-02 00-00 NET 7 800
400 100 0 0
0 0
COMPUTERS
07-01 00-00 CREDIT 25000 0
0 0 0 0 0
FACTOR
06-12 00-00 VARIED 0 0 0 0 0
0 0
OFFC SUPPL 07-01 07-01 NET 2300
0 0 0
0 0 0 CUST 3 YR
OFFC SUPPL 07-01 98-12 CREDIT 7500
100 100 0 0
0 0 ACCTCLOSED
AIR TRANS
05-12 00-00 VARIED 2000 2000
52 47 0 0 1
COLLECTION
APPAREL
06-09 00-00 VARIED 0 0 0 0 0
0 0
AUTO LEASE 06-04 00-00 VARIED 34700
0 0 0
0 0 0 CUST 6 YR
COMPUTERS
06-05 00-00 0000000 4600
0 0 0
0 0 0 CUST 1 YR
FACTOR
05-05 05-05 VARIED 56700 56700
100 0 0 0
0 PROMPT
GENERAL
05-02 02-07 NET 30 0 0 0 0 0
0 0 CUST 16 YR
LEASING
07-02 00-00 NET 30 300 0
0 0 0 0 0
CUST 3 YR
LEASING
04-10 00-00 CONTRCT 6000 6000 25
25 25 0 25
LEASING
05-10 00-00 CONTRCT 4100
4100 100 0 0
0 0
OFFC SUPPL 04-02 04-02 NET 30 900
900 100 0 0
0 0 CUST 13 YR
CURRENT QUARTER 41800
5800 96 3
1 0 0
Payment Trends
INDUSTRY
BUSINESS BALANCE CUR 1-
31- 61-
DATE CUR DBT
DBT $ %
30 60 90 91+
-------- --- ---
--- -------- --- --- ---
--- ---
20070100
0 9 1 7100 97 2
1 0 0
20061200
0 8 0 7000 99 1
0 0 0
20061100
0 8 0 5700 100
0 0
0 0
20061000
0 9 0 7400 100
0 0
0 0
20060900
0 9 0 6400 100
0 0
0 0
20060800
0 7 3 8400 82 18
0 0 0
Payment History - Quarterly Averages
BALANCE CUR 1-
31- 61-
QUARTER YEAR DBT $ %
30 60 90 91+
-------- ------
--- -------- --- --- ---
--- ---
Fourth
2006 0 6600 99 1 0
0 0
Third
2006 1 7400 93 7 0
0 0
Second
2006 0 7200 100
0 0
0 0
First
2006 0 5600 98 2 0
0 0
Fourth
2005 0 1900 97 3 0
0 0
FINANCIAL INFORMATION
No financial information could be obtained from the company as senior mangement could not be interviewed. Outside sources report annual sales to exceed US$5 million, however this could not be confirmed.
CURRENT OPERATIONS
NAICS Code: 42233 Women's, Children's, and Infants' and Accessories
SIC Code: 5137
Number of Employees: 10
Business Activity
HIGH ACCESSORIES, INC. is engaged as a wholesaler of hair products.
The products include: flower pins, salon clips, pony-o's, antique (Jeweled), pins, Barretts, clips, headband, headraps. The products are sold to vendors within the United States.
The heading address is the headquarters for the company. There is an additional location at the address below:
72 68th Street
Guttenberg, NJ 07093
Phone: (201) 868-1300
PUBLIC RECORD
No liens, judgments or bankruptcy filings were found:
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Name Searched : HIGH ACCESSORIES INC
Debtor Address : HIGH ACCESSORIES, INC.
1225 BROADWAY SUITE #303, NEW YORK, NY 10001
Secured Parties : HUDSON UNITED BANK
Filing Date : 5/30/2000
Filing Number : 00105881
Filing Type : INITIAL FILING
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Name Searched : HIGH ACCESSORIES INC
Debtor Address : HIGH ACCESSORIES, INC.
1225 BROADWAY, SUITE #303, NEW YORK, NY 10001
Secured Parties : HUDSON UNITED BANK
Filing Date : 4/11/2005
Filing Number : 0504115307933
Filing Type : CONTINUATION
Original Filing Number : 00105881
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Name Searched : HIGH ACCESSORIES INC
Debtors : HIGH ACCESSORIES, INC.
1225 BROADWAY, NEW YORK, NY 10001
Filing Date : 05/31/2000
Filing Number : 00PN27400
Filing Type : INITIAL FILING
Original Filing Number : 00PN27400
Secured Party : HUDSON UNITED BANK
1000 MACARTHUR BOULEVARD, MAHWAH, NJ 07430
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Name Searched : HIGH ACCESSORIES INC
Debtors : HIGH ACCESSORIES, INC.
1225 BROADWAY, NEW YORK, NY 10001
Filing Date : 05/31/2000
Filing Number : 00PN27399
Filing Type : INITIAL FILING
Original Filing Number : 00PN27399
Secured Party : HUDSON UNITED BANK
1000 MACARTHUR BOULEVARD, MAHWAH, NJ 07430
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Name Searched : HIGH ACCESSORIES INC
Debtor Address : HIGH ACCESSORIES, INC.
1225 BROADWAY, SUITE #303, NEW YORK, NY 10001
HIGH ACCESSORIES, INC.
1225 BROADWAY, SUITE #303, NEW YORK, NY 10001
Secured Parties : HUDSON UNITED BANK
Filing Date : 4/11/2005
Filing Number : 0504115307945
Filing Type : CONTINUATION
Original Filing Number : 00105886
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Name Searched : HIGH ACCESSORIES INC
Debtor Address : HIGH ACCESSORIES, INC.
1225 BROADWAY SUITE #303, NEW YORK, NY 10001
Secured Parties : HUDSON UNITED BANK
Filing Date : 5/30/2000
Filing Number : 00105886
Filing Type : INITIAL FILING
GENERAL COMMENTS
HIGH ACCESSORIES, INC. DBA: Depeche Mode is well established with operations dating from 1993. The payment record is satisfactory and the operating history is clear. The firm is considered to be responsible for 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/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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