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MIRA
INFORM REPORT
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Report Date : |
30.07.2007 |
IDENTIFICATION DETAILS
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Name : |
SPLENDOR INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
28/01/2003 |
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Legal Form : |
Corporation –
Private |
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Line of Business : |
Wholesale Trade |
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 : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: SPLENDOR
INC.
Address: 207
WEST 25TH STREET 8TH FLOOR
City:
State/Province:
Zip Code: 10001
Country: UNITED
STATES
Telephone: 212
255-8499
Facsimile: 212
255-6233
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form: Corporation - Private
Website: No
website
Business Activity:
NOTE TO CLIENT
PERSON
CONTACTED Ms. Maria
Cheng- Accounting Manager
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NOTE: SPLENDOR INC.
WAS RECONTACTED. PLEASE REFER TO THE INFORMATION BELOW.
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IMPERATIVES
Ms. Maria Cheng
adamantly declined to provide information about the Subject over the
telephone. Management was sent a written
request for general information via facsimile.
Unfortunately, we did not receive a response to our inquiries and thus,
cannot substantiate general information contained in this report. If however, Management
responds to our inquiries at a later time, this report will be appropriately
amended.
Ms. Cheng declined
to provide the name of the highest ranking officer, she declined to transfer
our inquiry to an officer.
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Kaprielian
Enterprises Inc
Phone: 212-255-8499
The number provided
leads to the above named company, this company is engaged as a wholesaler of
precious jewels and metals. They are located at the same address, but when
asked if they were affiliated with Splendor Inc. they reported that the company
is located at the same address and they use the same telephone number.
The receptionist at
Kaprielian Enterprises Inc. stated that he believes Splendor in is engaged as a
wholesaler of diamonds. No other information was available. Ms. Cheng would not
confirm the nature of business over the telephone.
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Commerce Bank has
confirmed that Splendor, Inc. is a customer but we could not receive a bank
reference, without company authorization.
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The Company is not a
seeker of local trade credit and as such a significant payment record could not
be developed. Ms. Cheng did state that they import from
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A Nationwide of
search of public records and bankruptcy courts revealed no Uniform Commercial
Codes, tax liens, legal actions or bankruptcy filings under the Subject's name.
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We could not obtain
any financial information and outside sources provided no insight into the
financial status of the company.
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No further
information is available at this time, this is a full investigation.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 28/01/2003
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT required
to publish an annual financial report.
Current Entity
Name: SPLENDOR
INC.
Initial DOS Filing
Date: JANUARY
28, 2003
County: KINGS
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)
SPLENDOR INC.
FINANCIAL INFORMATION
We could not obtain
any financial information and outside sources provided no insight into the
financial status of the company.
CURRENT OPERATIONS
NAICS Code: 42
Wholesale Trade
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%)