MIRA INFORM REPORT

 

 

Report Date :

28.02.2007

 

IDENTIFICATION DETAILS

 

Name :

GENTLEMEN'S BOUTIQUE II, INC.

 

 

Registered Office :

4915 16th Avenue, Brooklyn, New York  11204                       

 

 

Country :

United States               

 

 

Date of Incorporation :

08/05/1995

 

 

Legal Form :

Corporation – Private

 

 

Line of Business :

Retailer of fine men's clothing.

 

 

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 :

Usually correct

 

 

Litigation :

Clear

 

 


IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name : GENTLEMEN'S BOUTIQUE II, INC.

Address                        : 4915 16TH AVENUE

City                              : BROOKLYN

State/Province               : NEW YORK                    

Zip Code                       : 11204                       

Country                         : UNITED STATES               

Telephone                     : 718 437-1477                 

Facsimile                      : 718 437-1477                

In KUSD  As of              : 31/12/2006

Sales / Revenue : 270  

Net Income                    : --

Total Equity                   : --

Number of Employees    : 1  

Legal Form                    : Corporation - Private

Website                        : no website available

Business Activity           : The Company engages as a retailer of fine men's clothing. It sells suits, coats, dress

                                      shirts, pants, and slacks. It targets consumers the local market.

 

 

NOTE TO CLIENT

 

PERSON CONTACTED:

Mr. Josef Weinstock, President.

 

 

LEGAL

 

Legal Form                                : Corporation – Private

Since (D/M/Y)                            : 08/05/1995

State/Province of Incorporation    : NEW YORK

Status                                       : ACTIVE

Previous Legal Form                   :

Company is NOT required to publish an annual financial report.

 

Entity Name:                 GENTLEMEN'S BOUTIQUE II, INC.

Initial Filing Date:           MAY 08, 1995

County:                         KINGS

Jurisdiction:                   NEW YORK

Entity Type:                   DOMESTIC BUSINESS CORPORATION

Current Status:              ACTIVE

Entity Address:              JOSEF WEINSTOCK

                         1610 48TH ST

                                    BROOKLYN, NEW YORK, 11204

Principal Office:             GENTLEMEN'S BOUTIQUE II, INC.

                                    4915 16TH AVE

                                    BROOKLYN, NEW YORK, 11204

Registered Agent:          NONE

 

 

 

 

 

Managers/Key Personnel

 

Mr. Josef Weinstock                    President

 

 

AFFILIATED ENTITIES

 

Gentleman's Boutique (a sole proprietorship) - This company is also located in Brooklyn and specializes in the retail sale of accessories.

 

 

BANKS

 

SOVEREIGN BANK

Telephone:

Facsimile:

Account Number:

Account Manager:

 

The bank listed above is the primary bank of use for the Subject. Account details or signed authorization could not be obtained at this time, and as a result, detailed account information was not released.

 

 

PAYMENT HISTORY

 

A substantial payment record was not available for review.

 

 

FINANCIAL INFORMATION

 

FINANCIAL FIGURES

 

 Year-End (D/M/Y):               31/12/2007         31/12/2006         31/12/2006

                                 Projected         Consolidated

 Sales / Revenues                      300              270              -    

 

The Subject reports annual sales for the fiscal year 2006 in the US $270,000 range.   It projects that annual sales for the fiscal year 2007 will close in the US $300,000 range.

 

 

CURRENT OPERATIONS

 

NAICS Code:   4481      Clothing Stores

 

Number of Employees:               1  

 

Business Activity:

The Company engages as a retailer of fine men's clothing. It sells suits, coats, dress shirts, pants, and slacks. It targets consumers the local market.

-    -    -

 

The heading address is the Company headquarters and sole location and serves as a retail store.  The property is rented by the Company.

 

 

TRADE REFERENCES

 

References could not be obtained at this time.

 

 

PUBLIC RECORD

 

A search of public failed to reveal any Uniform Commercial Codes, tax liens, legal actions, or bankruptcy petitions at this time.

 

 

GENERAL COMMENTS

 

Gentleman's Boutique II, Inc., incorporated in 1995 in the state of New York, engages as a retailer of men's clothing.  A payment record was not available for review.  A search of public records failed to reveal any negative

 information against the Company.  The Company is considered well-established.

 

 

 


 

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