MIRA
INFORM REPORT
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Report Date : |
19.07.2007 |
IDENTIFICATION DETAILS
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Name : |
JDM IMPORT CO.,
INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
19/06/1974 |
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Legal Form : |
Corporation -
Private |
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Line of Business : |
Wholesale trade of
jewelry and gem stones. |
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 : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: JDM
IMPORT CO., INC.
Trade Name(s): Instock
Programs
JDM
Address:
City:
State/Province:
Zip Code: 10036
Country: UNITED
STATES
Telephone: 212
354-7680
Facsimile: 212
575-4688
In KUSD As of:
31/12/2006
Sales /
Revenue: 93,000
Net Income:
Total Equity:
Number of Employees:
50
Legal Form: Corporation
- Private
Website: No
Website
Maj.
Shareholder: The Kriss Family
Business Activity: JDM IMPORT CO., INC. is engaged in the
wholesale trade of jewelry and gem stones.
The Subject
imports most items from
NOTE TO CLIENT
The information in
this report was provided by Mr. Jim Goldsborough, CFO.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 19/06/1974
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
Current Entity Name:
JDM IMPORT CO., INC.
Initial DOS Filing
Date: JUNE 19, 1974
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)
NATHANSON, DEVACK
& MEMMOLI, LLP
Registered Agent
NONE
Managers/Key
Personnel
Mr. David Kriss Co-President
Mr. Michael
Kriss Co-President
Mr. Jim
Goldsborough Chief Financial Officer
OWNERS
The Kriss
Family
% Shareholder
AFFILIATED ENTITIES
There are no
subsidiaries, divisions or parent companies.
Other Affiliates
UNITED STATES
BANKS
JP MORGAN CHASE BANK
Telephone: 212
837-3250
Facsimile:
Account Number:
Account Manager: Ms.
Nellie Davydova
Messages were left for
the Account Manager, Mr. Nellie Davydova. If a response is received this report
will be updated immediately.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE
CUR 1- 31- 61-
CATEGORY
REPTD
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
AIR TRANS
07-05 00-00 0000000 13400
5000 100 0 0
0 0 CUST 23 YR
PACKAGING
07-07 00-00 NET 30 100 0
0 0 0
0 0 CUST 11 YR
BUS SERVCS 06-04 00-00 NET 7 100
0 0 0
0 0 0
OFFC SUPPL 07-01 00-02 CREDIT 1700
0 0 0
0 0 0
PACKAGING
06-01 00-01 NET 30 0 0
0 0 0
0 0
CURRENT QUARTER 13500 5000
100 0 0 0 0
Payment Trends
INDUSTRY BUSINESS BALANCE
CUR 1- 31- 61-
DATE
CUR DBT DBT $ %
30 60 90 91+
--------
--- --- --- -------- --- --- --- --- ---
20070700
0 6 0 5000 100 0
0 0 0
20070600
0 6 0 5000 100 0
0 0 0
20070500
0 6 0 7500 100 0
0 0 0
20070400
0 7 0 7500 100 0 0
0 0
20070300
0 7 5 10500 70
30 0 0 0
20070200
0 7 5 10500 70
30 0 0 0
Payment History - Quarterly Averages
BALANCE CUR 1- 31- 61-
QUARTER
YEAR DBT $ %
30 60 90 91+
-------- ------ --- -------- --- --- --- --- ---
Second
2007 0 5800 100 0
0 0 0
First
2007 3 9500 78
22 0 0 0
Fourth
2006 2 10800 88
12 0 0 0
Third
2006 0 6300 99
1 0 0 0
Second
2006 0 7900 100 0
0 0 0
FINANCIAL INFORMATION
FINANCIAL FIGURES
Year-End (D/M/Y): 31/12/2006 31/12/2005 31/12/2005
Consolidated Consolidated
Sales / Revenues 93,000 72,000 -
Financials are not
consolidated. This is due to a software database issue.
CURRENT OPERATIONS
NAICS Code: 42194
Jewelry, Watch, Precious Stone and Precious Metal
SIC Code: 5094
Number of
Employees: 50
Business Activity:
JDM IMPORT CO., INC.
is engaged in the wholesale trade of jewelry and gem stones. The Subject
imports most items from
The heading address
is the Subject's sole location, property is leased consisting of 24,000 square
feet of showroom and storage space.
PUBLIC RECORD
No liens, judgments
or bankruptcy filings were found.
--------------------------------------------------------------------------------
Name Searched: JDM
IMPORT CO. INC.
Debtor Address: JDM
IMPORT CO., INC.
1212 AVENUE OF THE
Secured Parties:
BANK LEUMI
Filing Date:
3/10/2003
Filing Number:
0303100526390
Filing Type: INITIAL
FILING
--------------------------------------------------------------------------------
Name Searched: JDM
IMPORT CO. INC.
Debtor Address: JDM
IMPORT CO., INC.
JDM IMPORT CO., INC.
Secured Parties:
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Filing Date:
1/12/2006
Filing Number:
0601120042996
Filing Type: INITIAL
FILING
--------------------------------------------------------------------------------
Name Searched: JDM
IMPORT CO. INC.
Debtor Address: JDM
IMPORT CO INC
JDM IMPORT CO., INC.
1212 AVENUE OF THE
Secured Parties:
BANK LEUMI TRUST COMPANY OF
Filing Date:
1/13/2006
Filing Number:
0601135040610
Filing Type:
CONTINUATION
Original Filing
Number: 91094808
--------------------------------------------------------------------------------
Name Searched: JDM
IMPORT CO. INC.
Debtor Address: JDM
IMPORT CO INC
JDM IMPORT CO., INC.
1212 AVENUE OF THE
JDM IMPORT CO., INC.
1212 AVENUE OF THE
Secured Parties:
BANK LEUMI TRUST CO. OF
Filing Date:
2/23/2004
Filing Number:
0402235140673
Filing Type:
CONTINUATION
Original Filing
Number: 89206131
--------------------------------------------------------------------------------
Name Searched: JDM
IMPORT CO. INC.
Debtor Address: JDM
IMPORT CO., INC.
1212 AVENUE OF THE
Secured Parties:
BANK LEUMI USA F/K/A BANK LEUMI TRUST COMPANY OF
Filing Date:
2/15/2001
Filing Number:
01032696
Filing Type:
CONTINUATION
Original Filing
Number: 91094808
--------------------------------------------------------------------------------
Name Searched: JDM
IMPORT CO. INC.
Debtor Address: JDM
IMPORT CO., INC.
1212 AVENUE OF THE
Secured Parties:
BANK LEUMI
Filing Date:
3/12/2003
Filing Number:
0303120543631
Filing Type: INITIAL
FILING
--------------------------------------------------------------------------------
Name Searched: JDM
IMPORT CO. INC.
Debtor Address: JDM IMPORT
CO., INC.
Secured Parties:
FANCY TRADING CO, LLC
Filing Date:
10/3/2003
Filing Number:
0310031675788
Filing Type: INITIAL
FILING
--------------------------------------------------------------------------------
Name Searched: JDM
IMPORT CO. INC.
Debtor Address: JDM
IMPORT CO., INC.
1212 AVENUE OF THE
Secured Parties:
BANK LEUMI USA F/K/A BANK LEUMI TRUST COMPANY OF
Filing Date:
5/21/2001
Filing Number:
01099141
Filing Type:
CONTINUATION
Original Filing
Number: 91178447
--------------------------------------------------------------------------------
Name Searched: JDM
IMPORT CO. INC.
Debtor Address: JDM
IMPORT CO., INC.
JDM IMPORT CO., INC.
Secured Parties:
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Filing Date:
1/12/2006
Filing Number:
0601120042996
Filing Type: INITIAL
FILING
GENERAL COMMENTS
JDM IMPORT CO., INC.
is well established with annual sales in the US$ 93 million. Payments are made
on time. The operation history is clear. The firm is considered to be
responsible for normal business transactions at this time.
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%)