MIRA
INFORM REPORT
|
Report Date : |
21.06.2007 |
IDENTIFICATION DETAILS
|
Name : |
LUISI BUILDING MATERIAL CO., INC. |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
24/11/1959 |
|
|
|
|
Legal Form : |
Corporation – Private |
|
|
|
|
Line of Business : |
Providing building materials and lumber supplies. |
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 : |
Exists |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: LUISI
BUILDING MATERIAL CO., INC.
Address:
City:
State/Province:
Zip Code: 11204
Country: UNITED
STATES
Telephone: 718-232-5757
Facsimile: Not
available
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form: Corporation
- Private
Website: www.luisibldg.com
Business Activity: The Subject specializes in providing
building materials and lumber supplies.
NOTE TO CLIENT
The Subject's website is
currently under construction.
We contacted the company
and spoke to a representative (no name or title provided) who adamantly
declined to provide any information about the company, she also declined to
provide a fax number for the Company. Therefore information in this report
could not be confirmed by management.
LEGAL
Legal Form: Corporation –
Private
Since (D/M/Y): 24/11/1959
State/Province of
Incorporation:
Status: ACTIVE
Previous Legal Form:
Company is NOT required
to publish an annual financial report.
Selected Entity Name:
LUISI BUILDING MATERIALS CO., INC.
Selected Entity Status
Information
Current Entity Name:
LUISI BUILDING MATERIALS CO., INC.
Initial DOS Filing Date:
NOVEMBER 24, 1959
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)
LUISI BUILDING MATERIALS
CO., INC.
Chairman or Chief Executive Officer
MIKE EL-KHALIB
Principal Executive Office
MIKE EL-KHALIB
Registered Agent
NONE
Managers/Key
Personnel
Mohammed (Mike)
El-Khatib President
As far as could be
determined, there are no known affiliates or subsidiaries.
BANKS
Citibank
Telephone: 800.627.3999
Facsimile: 718.256.9580
Account Number:
Account Manager:
We have contacted the bank,
which has not responded as yet. In the event,
a response is received, the
information will be forwarded on
immediately.
PAYMENT HISTORY
BUSINESS DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY REPTD
---------- ----- ----- ------- -------- -------- --- --- --- --- --- --------
ADVERTISNG 07-04 00-00 NET 30 1300 1300 100 0 0 0 0 CUST 4 YR
BLDG MATRL 07-05 00-00 VARIED 2500 0 0 0 0 0 0
BUS SERVCS 07-06 00-00 NET 30 200 100 100 0 0 0 0
STONE& CLAY 07-06 00-00 VARIED 29000 21400 100 0 0 0 0
BLDG MATRL 06-04 00-00 NET 30 0 0 0 0 0 0 0
COMPUTERS 05-05 00-00 CREDIT 0 0 0 0 0 0 0 CUST 37 YR
CRED CARD 05-12 00-00 REVOLVE 0 0 0 0 0 0 0 CUST 3 YR
GENERAL 04-08 00-00 VARIED 0 0 0 0 0 0 0 CUST 3 YR
GENERAL 05-02 01-05 NET 30 0 0 0 0 0 0 0 CUST 19 YR
OFFC SUPPL 07-01 00-00 CREDIT 1000 0 0 0 0 0 0
OFFC SUPPL 07-01 00-00 CREDIT 6000 200 100 0 0 0 0
CURRENT QUARTER 33000 22800 100 0 0 0 0
Payment Trends
INDUSTRY BUSINESS BALANCE CUR 1- 31- 61-
DATE CUR DBT DBT $ % 30 60 90 91+
-------- --- --- --- -------- --- --- --- --- ---
20070600 0 5 0 1400 100 0 0 0 0
20070500 0 6 0 1400 100 0 0 0 0
20070400 0 6 13 30400 16 84 0 0 0
20070300 0 7 13 31200 11 89 0 0 0
20070200 0 6 0 28400 100 0 0 0 0
20070100 0 6 8 11800 48 52 0 0 0
Payment History - Quarterly Averages
BALANCE CUR 1- 31- 61-
QUARTER YEAR DBT $ % 30 60 90 91+
-------- ------ --- -------- --- --- --- --- ---
First 2007 9 30000 41 59 0 0 0
Fourth 2006 5 11500 64 36 0 0 0
Third 2006 0 3000 100 0 0 0 0
Second 2006 0 4500 100 0 0 0 0
First 2006 7 19300 51 49 0 0 0
FINANCIAL INFORMATION
Financial information
could not be obtained. Other outside sources
could not provide any further insight into the financial status of
the company.
CURRENT OPERATIONS
NAICS Code: 4441
Building Material and Supplies Dealers
Business Activity:
The Subject specializes in
providing building materials and lumber
supplies.
The Subject is engaged in
the wholesale of lumber and a general line of building materials to the general public. As far as could be determined, there are no
known branches.
PUBLIC RECORD
Name Searched: LUISI
BUILDING MATERIAL CO. INC.
Defendant Counsel:
UNKNOWN
Defendant: LUISI BUILDING
MATERIAL CO INC
Plaintiff Counsel:
MASTROPIETRO & ASSOCIATES, LLC
111 BROADWAY -
1-212 943-9079
Plaintiff: ALCI CONSTRUCTION
CORP
There were no Uniform
Commercial Codes that were filed by the Subject. A search of bankruptcy courts revealed no record of
the Subject filing for bankruptcy.
GENERAL COMMENTS
The
Subject operates as building materials supplier since 1959. The Payment history appears satisfactory. Public shows one statement of claim against the Company, however the current
status could not be determined.
The company is considered
responsible for normal business transactions.
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%)