MIRA
INFORM REPORT
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Report Date : |
14.07.2007 |
IDENTIFICATION DETAILS
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Name : |
INTERINGS, INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
04/06/1980 |
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Legal Form : |
Corporation –
Private |
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Line of Business : |
Manufacture of
jewelry. |
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 : |
Exists |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: INTERINGS,
INC.
Address:
City:
State/Province:
Zip Code: 10123
Country: UNITED
STATES
Telephone: 212
563-6690
Facsimile: 212
967-2598
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees: 10
Legal Form: Corporation
- Private
Website: www.interings.com
Business Activity: The Subject is engaged in the
manufacture of jewelry.
NOTE TO CLIENT
Person contacted:
Mr. Amar Shetty, Accountant.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 04/06/1980
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
Current Entity Name:
INTERINGS, INC.
Initial DOS Filing
Date: JUNE 04, 1980
County:
Jurisdiction:
Entity Type:
DOMESTIC BUSINESS CORPORATION
Current Entity
Status: ACTIVE
Selected Entity Address Information DOS
Process
INTERINGS, INC.
450
Principal Executive Office
INTERINGS, INC.
450
Registered Agent
NONE
NOTE:
Managers/Key
Personnel
MR. PRAKASH
MEHTA President
MR. BARVIN
MEHTA Vice President
MR. AMAR SHETTY Accountant
AFFILIATED ENTITIES
There are no
affiliates at this time.
BANKS
Israel Discount Bank
511
Telephone: (212)
551-8500
Facsimile:
Account Number:
Account Manager: Mr.
Tolchin
The bank would not
release information without authorization. We were unable to obtain
authorization at this time.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE
CUR 1- 31- 61-
CATEGORY
REPTD
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
AIR TRANS
06-11 00-00 NET 30 100 0
0 0 0
0 0 CUST
2 YR
BUS SERVCS 07-02 07-02 NET 30 0
0 0 0
0 0 0
LEASING
05-01 05-01 NOTE 10300 9200
100 0 0 0 0
MANUFCTRNG 06-10 00-00 CERTCHK 0 0
0 0 0
0 0
OFFC SUPPL 06-04 06-03 NET 30 200
200 100 0 0
0 0 CUST 19 YR
FINANCIAL INFORMATION
Financial details
were not provided by management at this time. Outside sources failed to add any
insight into the condition of the Firm.
CURRENT OPERATIONS
NAICS Code: 339911
Jewelry (except Costume) Manufacturing
SIC Code: 3911
Number of Employees
: 10
Business Activity:
The Subject is
engaged in the manufacture of jewelry.
Products of the
Company are generally manufactures using 10 to 14 karat gold.
They currently
operate from approximately 3,500 square feet of leased space at the heading
address. There are no branch locations
at this time.
PUBLIC RECORD
We found no evidence
of bankruptcy filed in the Subject's name.
Defendant Counsel:
UNKNOWN
Defendant: INTERINGS
INC
Plaintiff Counsel:
IAN J. GAZES, ESQ.
1675 BROADWAY - 26TH
FLOOR
212 765-9000
Plaintiff: JEWEL
TAPERED BAGUETTES
S JUWAL & CO
Defendant: Mehta,
Prakash
Mehta, Bhavin
Interings, Inc
Filing Date:
2/8/2006
Filing Type: Civil
Plaintiff Counsel: Kimerling,
Kenneth [COR LD NTC]
Asian American Legal
Defense
(212) 966-5932 Fax:
212 966 4303 Email: Kkimerling@aaldef.org
Plaintiff: Malhotra,
Dipika
--
Name Searched:
INTERINGS INC.
Defendant Counsel:
UNKNOWN
Defendant: INTERINGS
INC
Plaintiff Counsel:
STEIN RISCO HASPEL & JACOBS
805
212 752-7118
Plaintiff: GM
DIAMONDS INC
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Name Searched:
INTERINGS INC.
Amount: $ 108,176.97
Attorney For
Creditor: PHILLIPS NIZER LLP
666
Creditor:
INTERINGS,INC.,
450
Debtors: FERGUSON
JEWELERS INC.
Docket Date:
08/06/2003
Docket Type:
JUDGMENTS
Lien Type: JUDGMENTS
DOCKET
Transaction Number:
31001735622
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No bankruptcy
petitions were reported under the Subject's name.
GENERAL COMMENTS
The Subject was
registered in 1980. The payment history of the Company is brief but
satisfactory. Public indicate civil cases filed against the Subject, the status
is uncertain as no further information is currently available, however these do
not appear to threaten the overall condition of the Company.
The Subject appears
capable of good trade relations.
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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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%)