MIRA
INFORM REPORT
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Report Date : |
20.07.2007 |
IDENTIFICATION DETAILS
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Name : |
NAMANO INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
17/06/1977 |
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Legal Form : |
Corporation –
Private |
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Line of Business : |
Retailer 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 : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: NAMANO
INC.
Address:
City: TUCKER
State/Province:
Zip Code: 30084
Country: UNITED
STATES
Telephone: 770
934 0360
Facsimile: 770
934 2849
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees: 9
Legal Form: Corporation
- Private
Website: www.namanodiamonds.com
Business Activity: The Company is a retailer of jewelry.
NOTE TO CLIENT
Person Contacted:
Adam, Office Manager and Gus, Manager
Adam confirmed
information and turned the interview to Gus for financial information. Gus
abruptly terminated the call. Some information in the report is from outside
sources and unconfirmed by management.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 17/06/1977
State/Province of
Incorporation: GA
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
Georgia
Registration:
NAMANO, INC. Current Name
Profit Corporation -
Domestic - Information
Control No.: H704960
Status:
Active/Compliance
Entity Creation Date:
6/7/1977
Jurisdiction: GA
Principal Office
Address: 1733
TUCKER GA 30084-6802
Last Annual
Registration Filed Date: 2/21/2007
Last Annual
Registration Filed: 2007
Registered Agent
Agent Name: CALLAWAY
MAYSON III
Office Address:
TUCKER GA 30084
Managers/Key
Personnel
Mr. Mayson A
Callaway Jr. Chief
Executive Officer
Mr. Eugene L
Callaway Chief Financial Officer
AFFILIATED ENTITIES
No subsidiaries
exist.
Other Affiliates
Southeastern
Findings
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
Public report
Southtrust Bank as the primary Company bank, but this is unconfirmed by
management.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE
CUR 1- 31- 61-
CATEGORY
REPTD
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
ADVERTISNG 07-06 00-00 NET 30 0
0 0 0 0
0 0 CUST
3 YR
AIR TRANS
07-05 07-05 0000000 33300
16700 100 0 0
0 0 CUST 24 YR
BUS SERVCS 07-07 00-00 VARIED 200
200 100 0 0
0 0
AIR TRANS
06-11 00-00 NET 30 0 0
0 0 0
0 0 CUST
1 YR
TELECOM
05-06 00-00 NET 30 100 0
0 0 0
0 0
CURRENT QUARTER 33500 16900
100 0 0 0 0
Payment Trends
INDUSTRY BUSINESS BALANCE
CUR 1- 31- 61-
DATE
CUR DBT DBT
$ %
30 60 90 91+
--------
--- --- --- -------- --- --- --- --- ---
20070700
0 13 0 16800 100 0
0 0 0
20070600
0 13 0 16700 100 0
0 0 0
20070500
0 12
0 4000 100 0
0 0 0
20070400
0 12 0 4000 100 0
0 0 0
20070300
0 12 0 33500 100 0
0 0 0
20070200
0 6 0 33500 100 0
0 0 0
Payment History - Quarterly Averages
BALANCE CUR 1- 31- 61-
QUARTER
YEAR DBT $ %
30 60 90 91+
-------- ------ --- -------- --- --- --- --- ---
Second 2007 0 12500 100 0
0 0 0
First
2007 0 23700 100 0
0 0 0
Fourth
2006 0 21200 100 0
0 0 0
Third
2006 0 8100 100 0
0 0 0
Second
2006 5 18900 68
32 0 0 0
FINANCIAL INFORMATION
No financial
information could be obtained through management or outside sources.
CURRENT OPERATIONS
NAICS Code: 44831
Jewelry Stores
SIC Code: 5944
Number of Employees
: 9
Business Activity:
The Company is a
retailer of jewelry.
Namano, Inc. is
based just outside of
Diamond Earrings
Diamond Pendants
Diamond Tennis
Bracelets
Diamond Right Hand
Rings
Diamond Three Stone
Rings
Diamond Ring
Mountings
The above address is
the sole location for the firm.
PUBLIC RECORD
Name Searched:
NAMANO INC.
Debtor Address:
NAMANO, INC.
Secured Parties:
SOUTHTRUST BANK SOUTHTRUST BANK, N.A.
Filing Date:
5/7/2004
Filing Number:
04404001907
Filing Type:
CONTINUATION
Original Filing
Number: 04499008190
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Name Searched:
NAMANO INC.
Debtor Address:
NAMANO INC
Secured Parties:
SOUTHTRUST BANK SOUTHTRUST BANK N.A.
Filing Date:
5/11/2004
Filing Number:
04404001953
Filing Type:
CONTINUATION
Original Filing
Number: 04499008190
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No bankruptcy
petitions were filed under the Subject's name.
GENERAL COMMENTS
The Company
incorporated in 1977 is a diamond store. They have a solid payment history and
no derogatory information were found in
the Company's name.
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%)