MIRA INFORM REPORT

 

Report Date :

24th February, 2007

 

IDENTIFICATION DETAILS

 

Name :

M S INTERNATIONAL INC.

 

 

Registered Office :

6222 Richmond Avenue 675, Houston, Texas 77057, United States

 

 

Country :

United States

 

 

Date of Incorporation :

03.03.1980

 

 

Legal Form :

Corporation – Private

 

RATING & COMMENTS

 

MIRA’s Rating :

NR

 

RATING

STATUS

PROPOSED CREDIT LINE

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

Status :

Undetermined

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

 

IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name : M S INTERNATIONAL INC.

Address                        : 6222 RICHMOND AVENUE 675

City                              : HOUSTON

State/Province               : TEXAS                                

Zip Code                       : 77057                       

Country                         : UNITED STATES               

Telephone                     : 713.789.9491                

Facsimile                      : 713.789.9495

Legal Form                    : Corporation - Private

Website                        : No website

@rating Opinion :

Business Activity           :

As of                             :

Sales / Revenue :

Net Income                    :

Total Equity                   :

 

 

NOTE TO CLIENT

 

Credit Recommendation :

Rating Code :       8

Value :             No rating.

 

 

IMPERATIVES

 

Contacted person; Ms. Nani (no last name or title provided). She declined to provide any information about the Subject.

 

We called the Company several times over several days. Unfortunately, we were unable to reach management. We left numerous voicemails with various managers.

 

Additionally, we sent a fax requesting information for this report. If we receive a response, an update will be provided.

 

We have completed a search with business registers and directories as well as an internet search failed to add any insight into the corporate structure, officers/owners or the financial condition of this firm.

 

Using third party sources, we found the Subject listed on several trade show websites associated with the Jewlery industry, however we could not confirm the exact business activity of the Company.

 

We found no liens, judgments or bankruptcy filings for the Subject.

 

We found a payment history for the Subject. See below: This is a full report.

 

LEGAL

 

Legal Form                                : Corporation - Private                    

Since (D/M/Y)                            :  03/03/1980

State/Province of Incorporation    :  TX

Status                                       : ACTIVE

Previous Legal Form                   : Agency

Company is NOT required to publish an annual financial report.

The Company is incorporated is in the State of TEXAS.

 

Company Information:

M S INTERNATIONAL INC

6222 RICHMOND AVE STE 675

HOUSTON, TX 77057-6244

 

Status: IN GOOD STANDING NOT FOR DISSOLUTION OR WITHDRAWAL

 

Registered Agent: SARAH J PHILLIPS

110 MAGIC OAKS DR.

SPRING, TX 773886048

 

Registered Agent Resignation Date:

State of Incorporation: TX

File Number: 0051103900

Charter/COA Date: March 3, 1980

Charter/COA Type: Charter

Taxpayer Number: 17420955977

 

 

PAYMENT HISTORY

 

 BUSINESS   DATE  LAST  PAYMENT CREDIT   BALANCE  CUR 1-  31- 61-

 CATEGORY   REPTD SALE  TERMS      $        $      %  30  60  90  91+ COMMENTS

 ---------- ----- ----- ------- -------- -------- --- --- --- --- --- --------

 AIR TRANS  06-11 06-11 0000000 3500     3500     99  1   0   0   0   CUST 22 YR

 COMPUTERS  06-10 00-00 0000000 1000     0        0   0   0   0   0   CUST  2 YR

 

 COMPUTERS  07-01 00-00 CREDIT  10000    0        0   0   0   0   0

 TELECOM    07-01 00-00 NET 30  100      100      100 0   0   0   0

 AIR TRANS  05-12 00-00 NET 30  0        0        0   0   0   0   0   CUST  2 YR

 AUTO LEASE 06-08 00-00 VARIED  40800    28100    100 0   0   0   0   CUST  6 YR

 BUS SERVCS 06-03 06-03 NET 30  0        0        0   0   0   0   0

 GENERAL    05-02 03-09 NET 30  0        0        0   0   0   0   0   CUST  8 YR

 LEASING    06-06 00-00 CONTRCT 3700     0        0   0   0   0   0

 CURRENT QUARTER                14600    3600     99  1   0   0   0

 

 

Payment Trends

 

            INDUSTRY     BUSINESS        BALANCE  CUR 1-  31- 61-

 DATE      CUR    DBT       DBT             $      %  30  60  90  91+

 --------  ---    ---       ---          -------- --- --- --- --- ---

 20070100  0      0         0            3600     99  1   0   0   0

 20061200  0      0         0            3600     99  1   0   0   0

 20061100  0      0         0            2400     100 0   0   0   0

 20061000  0      0         0            2300     97  3   0   0   0

 20060900  0      0         0            2000     97  3   0   0   0

 20060800  0      0         0            4000     100 0   0   0   0

 

 

Payment History - Quarterly Averages

 

                                         BALANCE  CUR 1-  31- 61-

 QUARTER  YEAR              DBT             $      %  30  60  90  91+

 -------- ------            ---          -------- --- --- --- --- ---

 Fourth   2006              0            3200     99  1   0   0   0

 Third    2006              0            2600     99  1   0   0   0

 Second   2006              0            1100     100 0   0   0   0

 First    2006              0            1400     99  1   0   0   0

 Fourth   2005              0            200      100 0   0   0   0

 

 

FINANCIAL INFORMATION

 

--

 

 

CURRENT OPERATIONS

 

NAICS Code:   99        Unclassified Establishments

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions