MIRA INFORM
REPORT
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Report Date : |
19th
January, 2007 |
IDENTIFICATION DETAILS
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Name : |
MIKALA’S DESIGN, INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
19.12.1996 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Wholesaler of jewellery. |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Fair |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name : MIKALA'S DESIGN, INC.
Address :
City :
State/Province :
Zip Code : 11201
Country : UNITED STATES
Telephone : 516-681-6433
Facsimile : 516-681-6452
Legal Form : Corporation - Private
Website : No website found.
@rating Opinion :
Business Activity : The Company is engaged as a wholesaler of jewelry.
As of :
Sales / Revenue :
Net Income :
Total Equity :
Number of Employees : 2
NOTE TO CLIENT
Attempts were made to contact the Company however we were unable to reach Management. There has been no response to several attempts made to contact the Subject. Therefore, general information in this report cannot be substantiated.
LEGAL
Legal Form : Corporation - Private
Since (D/M/Y) :19/12/1996
State/Province of Incorporation : NY
Status : ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
The Company is incorporated in
MIKALA'S DESIGN, INC.
Initial DOS Filing Date: DECEMBER 19, 1996
County :
Jurisdiction :
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)
MIKALA'S DESIGN, INC.
48-48 58 LANE
Chairman
or Chief Executive Officer
MICHELLE SIDDIQUI
Principal
Executive Office
MICHELLE SIDDIQUI
Registered
Agent
NONE
Managers/Key Personnel
Ms. Michelle Sidiqui President
AFFILIATED ENTITIES
As far as could be determined, there are no affiliates or subsidiaries.
BANKS
Bank of
CA
Telephone:
Facsimile:
Account Number:
Account Manager:
We could not obtain a signed authorization and account number required to obtain a reference from the above bank.
PAYMENT HISTORY
The firm does not appear to be a seeker of local trade credit as a significant payment record could not be developed.
FINANCIAL INFORMATION
We could not obtain any financial information. Outside sources indicate an annual net sales figure of US$130,000.
CURRENT OPERATIONS
NAICS Code : 44831 Jewelry Stores
SIC Code : 5944
Number of Employees: 2
Business Activity
The Company is engaged as a wholesaler of jewellery.
The headquarters are at the heading address. As far as could be determined, there are no additional branch locations.
TRADE REFERENCES
We could not obtain trade reference information.
PUBLIC RECORD
A Nationwide search of public and bankruptcy courts revealed no Uniform
Commercial Codes, tax liens, legal actions or bankruptcy filings under the Subject's name.
GENERAL COMMENTS
Incorporated in 1996, the Subject is engaged as an established wholesaler of jewelry. No payment records were found and a search of public records and bankruptcy courts revealed 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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