MIRA
INFORM REPORT
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Report Date : |
26.06.2007 |
IDENTIFICATION DETAILS
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Name : |
R.N. ENTERPRISES,
INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
14/09/2004 |
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Legal Form : |
Corporation –
Private |
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Line of Business : |
Wholesaler of
jewelry. |
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 : |
Small Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: R.N.
ENTERPRISES, INC.
Address:
City:
State/Province:
Zip Code: 10036
Country: UNITED
STATES
Telephone: 212
398-9410
Facsimile: 212
369-4113
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees:
3
Legal Form: Corporation
- Private
Website: N/A
Business Activity: The Company is a wholesaler of jewelry.
NOTE TO CLIENT
Person Contacted: Mr.
Reggie Rajiv, President.
Management was
contacted. He offered general business information, but declined to reveal any
financial information or accept a written request. Most information in the
report was obtained from outside sources and is unconfirmed by management.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 14/09/2004
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
Current Entity Name:
R.N. ENTERPRISES INC.
Initial DOS Filing
Date: SEPTEMBER 14, 2004
County:
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)
R.N. ENTERPRISES
INC.
Registered Agent
NONE
Managers/Key
Personnel
Mr. Reggie
Rajiv President
AFFILIATED ENTITIES
There are no known
subsidiaries or affiliated companies as far as can be determined.
BANKS
NY
Telephone:
Facsimile:
Account Number:
Account Manager:
The name of a
primary bank could not be obtained either directly from management or
determined by outside sources.
PAYMENT HISTORY
The firm does not
appear to be a seeker of local trade credit as a significant payment record
could not be developed.
FINANCIAL INFORMATION
Mr. Rajiv declined to
reveal any financial information. Outside sources consulted failed to add any
insight into the financial condition of the firm.
CURRENT OPERATIONS
NAICS Code: 42
Wholesale Trade
Number of
Employees: 3
Business Activity:
The Company is a
wholesaler of jewelry.
The Company's
products are distributed throughout the
The above address is
the headquarters of the company. There is another location on
TRADE REFERENCES
Supplier references
could not be obtained.
PUBLIC RECORD
A search of public
in the State of New York revealed no Uniform Commercial Codes, legal actions,
or bankruptcy petitions.
GENERAL COMMENTS
R.N. Enterprises, Inc.,
incorporated in 2004, is engaged as wholesalers of jewelry. A significant
payment record could not be developed on the subject. However, no derogatory information was found.
Should management provide any further details, the report will be amended.
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%)