MIRA INFORM REPORT

 

 

Report Date :

07.06.2007

 

IDENTIFICATION DETAILS

 

Name :

ALFRED HABER DISTRIBUTION, INC.

 

 

Registered Office :

111 Grand Avenue, Palisades Park, New Jersey - 07650                       

 

 

Country :

United States               

 

 

Date of Incorporation :

17/02/1994

 

 

Legal Form :

Corporation – Private

 

 

Line of Business :

Distributor of programming produced for US broadcast networks.

 

 

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:            ALFRED HABER DISTRIBUTION, INC.

Address:                       111 GRAND AVENUE

City:                             PALISADES PARK

State/Province:              NEW JERSEY                          

Zip Code:                      07650                       

Country:                                    UNITED STATES               

Telephone:                    201 224-8000                

Facsimile:                     201 947-4500

As of:

Sales / Revenue:

Net Income:

Total Equity:

Legal Form:                   Corporation - Private

Website:                       www.alfredhaber.com

Business Activity:          The Firm is a distributor of programming produced for US broadcast networks.

 

 

NOTE TO CLIENT

 

Person Contacted: Mr. Robert Kennedy, Vice President.  Mr. Kennedy declined to provide any information, therefore the details in this report could not be confirmed.

 

 

LEGAL

 

Legal Form:                               Corporation - Private                    

Since (D/M/Y):                           17/02/1994

State/Province of Incorporation:   NJ

Status:                                                  ACTIVE

Previous Legal Form:

 

Company is NOT required to publish an annual financial report.

 

The Firm is registered in New Jersey under the following:

 

Business Name:            ALFRED HABER DISTRIBUTION, INC.

Business ID Number:     0100579532

Business Type:              DOMESTIC PROFIT CORPORATION

Status:                          ACTIVE

Filing Date:                    02/17/1994

Home Jurisdiction:         NEW JERSEY

Stock Amount:              1500

Incorporator:                  JOSEPH J ROTOLO

Agent:                           JOY HABER

Agent Address:              111 GRAND AVE, PALISADES PARK, NJ  07650

Office Address Status:   Deliverable

Main Business Address: 111 GRAND AVENUE, PALISADES PARK, NJ  07650

Principal Address:          111 GRAND AVENUE, PALISADES PARK, NJ  07650

Associated Names

Name: NICHOLAS' GIFT

Type Description: Fictitious Name

Name: THE BIBLE - OLD TESTAMENT

Type Description: Fictitious Name

 

 

Managers/Key Personnel

 

Ms. Joy Haber                          President

Mr. Robert Kennedy                               Vice President

 

 

AFFILIATED ENTITIES

 

There are no affiliates or subsidiaries at this time.

 

 

BANKS

 

Telephone:

Facsimile:

Account Number:

Account Manager:

 

Management declined to provide the name of the Firm's primary bank and outside sources provided no additional 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 07-03 0000000 15800    13000    100 0   0   0   0   CUST 26 YR

 BUS SERVCS 07-05 00-00 VARIED  100      0        0   0   0   0   0

 

 FINCL SVCS 07-05 07-04 NET 30  7800     6700     94  6   0   0   0

 AIR TRANS  06-11 00-00 NET 30  300      0        0   0   0   0   0   CUST 11 YR

 CELLUL/PAG 04-07 04-07 NET 30  100      100      100 0   0   0   0   CUST  6 YR

 FACTOR     06-12 04-05 NET 30  0        0        0   0   0   0   0

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

 OFFC SUPPL 07-01 00-04 CREDIT  0        0        0   0   0   0   0   ACCTCLOSED

 TELECOM    04-07 00-00 NET 15  1000     300      100 0   0   0   0

 CURRENT QUARTER                23700    19700    98  2   0   0   0

 

 Payment Trends

            INDUSTRY     BUSINESS        BALANCE  CUR 1-  31- 61-

 DATE      CUR    DBT       DBT             $      %  30  60  90  91+

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

 20070500  0      6         0            19700    98  2   0   0   0

 20070400  0      7         0            18100    97  3   0   0   0

 20070300  0      7         13           22200    58  21  21  0   0

 20070200  0      7         12           21300    61  17  22  0   0

 20070100  0      6         14           19900    58  18  24  0   0

 20061200  0      6         7            14100    53  47  0   0   0

 

 

 Payment History - Quarterly Averages

                                         BALANCE  CUR 1-  31- 61-

 QUARTER  YEAR              DBT             $      %  30  60  90  91+

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

 First    2007              9            20500    71  14  15  0   0

 Fourth   2006              7            17900    72  19  9   0   0

 Third    2006              3            10700    83  17  0   0   0

 Second   2006              2            8300     88  12  0   0   0

 First    2006              4            9600     75  25  0   0   0

 

 

FINANCIAL INFORMATION

 

Mr. Kennedy declined to provide financial statements or annual sales. A written inquiry was also declined, therefore the Firm's condition could not be evaluated.

 

 

CURRENT OPERATIONS

 

NAICS Code:   54184     Media Representatives

SIC Code:     7313

 

Business Activity:

The Firm is a distributor of programming produced for US broadcast networks.

 

The Firm is supplier of series, mini-series and made-for-television motion pictures for the domestic and international television marketplace. The Firm's Network includes: CBS, ABC, NBC and FOX specials and programs.

 

The heading address is the Firm's sole location.

 

 

PUBLIC RECORD

 

Name Searched: ALFRED HABER DISTRIBUTION INC.

Debtor Address: ALFRED HABER DISTRIBUTION, INC.

                           111 GRAND AVENUE

                           PALISADES PARK, NJ 07650

Secured Parties: TENNMAN ENTERTAINMENT, INC.

Filing Date: 4/8/2004

Filing Number: 22298768

Filing Type: INITIAL FILING

-

Name Searched: ALFRED HABER DISTRIBUTION INC.

Debtor Address: ALFRED HABER DISTRIBUTION, INC.

             111 GRAND AVENUE

             PALISADES PARK, NJ 07650

Secured Parties: BRUCE NASH ENTERTAINMENT

Filing Date: 4/8/2004

Filing Number: 22298782

Filing Type: INITIAL FILING

-

Name Searched: ALFRED HABER DISTRIBUTION INC.

Debtor Address: ALFRED HABER DISTRIBUTION, INC.

 111 GRAND AVENUE

 PALISADES PARK, NJ 07650

Secured Parties: BRUCE NASH ENTERTAINMENT

Filing Date: 4/8/2004

Filing Number: 22298829

Filing Type: INITIAL FILING

-

No judgements, tax liens or bankruptcy petitions were traced to the Firm.

 

 

GENERAL COMMENTS

 

The Firm is a well established distributor of programming produced for US broadcast networks. The payment record is satisfactory. No judgements, tax liens or bankruptcy petitions were traced to the Firm. The Firm is considered responsible for normal trade relations.

 

 

 


 

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