MIRA INFORM REPORT

 

 

Report Date :

31.05.2007

 

IDENTIFICATION DETAILS

 

Name :

MARK BURNETT PRODUCTIONS, INC.

 

 

Registered Office :

640 N. Sepulveda Blvd., Los Angeles, California - 90049                       

 

 

Country :

United States               

 

 

Date of Incorporation :

15/01/2003

 

 

Legal Form :

Corporation – Private

 

 

Line of Business :

Engaged as a television production company

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name:            MARK BURNETT PRODUCTIONS, INC.

Address:                       640 N. SEPULVEDA BLVD.

City:                             LOS ANGELES

State/Province:              CALIFORNIA                           

Zip Code:                      90049                       

Country:                                    UNITED STATES               

Telephone:                    310 903-5400               

Facsimile:                     310 903-5555                   

As of:

Sales / Revenue:

Net Income:

Total Equity:

Number of Employees:   1,500

Legal Form:                   Corporation - Private

Website:                       No website.

Business Activity:          The Subject is engaged as a television production Company known largely for such

                                    reality TV shows as " Survivor" , " The Apprentice"  and " Rockstar."

 

 

NOTE TO CLIENT

 

NOTE: Several messages were left via telephone with the Company's finance department. We received no response to our telephone inquiries nor to a detailed written request that was sent to the Company via fax. As such, general information in this report cannot be substantiated. However, should we receive a response at a later time, this report will be updated accordingly.

 

 

LEGAL

 

Legal Form:                               Corporation - Private    

Since (D/M/Y):                           15/01/2003

State/Province of Incorporation:   CA

Status:                                                  ACTIVE

Previous Legal Form:

 

Company is NOT required to publish an annual financial report.

 

CALIFORNIA SECRETARY OF STATE:

 

MARK BURNETT PRODUCTIONS, INC.

Number: C2493397  Date Filed: 1/15/2003  Status: active

Jurisdiction: California

Address

1158 26TH STREET #557

SANTA MONICA, CA 90403

Agent for Service of Process

DIANE WINKLER

719-775 ALEXANDER LANE

STANDISH, CA 96128

 

 

 

 

Managers/Key Personnel

 

Mr. Mark Burnett                       President

 

 

BANKS

 

CA

Telephone:

Facsimile:

Account Number:

Account Manager:

 

We could not obtain any bank information.

 

 

PAYMENT HISTORY

 

 BUSINESS   DATE  LAST  PAYMENT CREDIT   BALANCE  CUR 1-  31- 61-

 CATEGORY   REPTD SALE  TERMS      $        $      %  30  60  90  91+ COMMENTS

 ---------- ----- ----- ------- -------- -------- --- --- --- --- --- --------

 AIR TRANS  07-03 00-00 0000000 1100     400      100 0   0   0   0   CUST  3 YR

 CHEMICALS  07-05 00-00 NET 30  500      100      0   100 0   0   0

 

 FINCL SVCS 07-05 04-07 NET 30  4300     0        0   0   0   0   0

 FINCL SVCS 07-05 00-00 CONTRCT 0        0        0   0   0   0   0   CUST  4 YR

 OFFC SUPPL 07-01 00-00 CREDIT  1000     100      100 0   0   0   0

 PACKAGING  07-05 00-00 NET 30  0        0        0   0   0   0   0

 AIR TRANS  06-11 00-00 NET 30  0        0        0   0   0   0   0   CUST  1 YR

 CRED CARD  07-03 05-09 N30PRXO 4300     0        0   0   0   0   0   ACCTCLOSED

 FOOD       06-09 06-08 NET 30  11000    0        0   0   0   0   0

 GENERAL    06-04 00-00 NET 30  38400    3000     5   2   93  0   0

 OFFC EQUIP 06-05 06-04 NET 30  100      100      0   0   100 0   0

 PROP MGMT  06-07 00-00 NET 30  32700    32700    100 0   0   0   0

 CURRENT QUARTER                6900     600      80  20  0   0   0

 

 Payment Trends

            INDUSTRY     BUSINESS        BALANCE  CUR 1-  31- 61-

 DATE      CUR    DBT       DBT             $      %  30  60  90  91+

 --------  ---    ---       ---          -------- --- --- --- --- ---

 20070500  0      0         3            600      80  20  0   0   0

 20070400  0      0         3            600      80  20  0   0   0

 20070300  0      0         1            1200     91  9   0   0   0

 20070200  0      0         2            1300     84  16  0   0   0

 20070100  0      0         1            1300     92  8   0   0   0

 20061200  0      0         5            500      68  32  0   0   0

 

 Payment History - Quarterly Averages

                                         BALANCE  CUR 1-  31- 61-

 QUARTER  YEAR              DBT             $      %  30  60  90  91+

 -------- ------            ---          -------- --- --- --- --- ---

 First    2007              2            1000     86  14  0   0   0

 Fourth   2006              2            1000     88  12  0   0   0

 Third    2006              3            1000     80  20  0   0   0

 Second   2006              2            700      89  11  0   0   0

 First    2006              0            0        0   0   0   0   0

 

 

FINANCIAL INFORMATION

 

We could not obtain any financial information and outside sources provided no insight into the financial condition of the Company.

 

 

CURRENT OPERATIONS

 

NAICS Code:   51312     Television Broadcasting

SIC Code:     4833

 

Number of Employees:           1,500  

 

Business Activity:

The Subject is engaged as a television production Company known largely for such reality TV shows as " Survivor" , " The Apprentice"  and " Rockstar."

 

 

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

 

The Subject is engaged as a television production Company known largely for such reality TV shows as " Survivor" , " The Apprentice"  and " Rockstar."  Payment records are considered to be generally satisfactory and a search of public records and bankruptcy courts returned no derogatory information or record of the Company filing a bankruptcy petition.

 

 

 


 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions