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Report Date : |
28.02.2007 |
IDENTIFICATION
DETAILS
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Name : |
SDMF INC. |
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Registered Office : |
5513 13th Avenue, Brooklyn, New York 11219 |
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Country : |
United States |
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Date of Incorporation : |
21/02/2006 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Retailer of men's clothing. |
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 : |
New Company |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name : SDMF INC.
Trade Name(s) : SHIRTSLAVE
Address : 5513 13TH AVENUE
City : BROOKLYN
State/Province : NEW YORK
Zip Code : 11219
Country : UNITED STATES
Telephone : 718-853-7600
Facsimile : N/A
As of : --
Sales / Revenue : --
Net Income : --
Total Equity : --
Number of Employees : 3
Legal Form : Corporation - Private
Website : N/A
Business Activity : The Company is engaged as a retailer of men's clothing.
NOTE TO CLIENT
PLEASE NOTE: The provided name, SHIRTSLAVE, is a trade style for SDMF Inc. located at the provided address and for which the subsequent report follows.
Mr. Solomon Zeigler, President, provided the following information contained in this report.
LEGAL
Legal Form : Corporation - Private
Since (D/M/Y) : 21/02/2006
State/Province of Incorporation : NY
Status : ACTIVE
Previous Legal Form :
Company is NOT required to publish an annual financial report.
The Company is incorporated in New York State:
SDMF INC.
Initial DOS Filing Date: FEBRUARY 21, 2006
County: KINGS
Jurisdiction: NEW YORK
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)
SDMF INC.
1241 55TH ST
BROOKLYN, NEW YORK, 11219
Registered Agent
NONE
Managers/Key
Personnel
Mr. Solomon Zeigler President
AFFILIATED ENTITIES
Management reports no affiliates or subsidiaries.
BANKS
NY
Telephone:
Facsimile:
Account Number:
Account Manager:
Management declined to provide the name of the Company's primary bank.
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
Management declined to provide any financial information and outside sources could not provide any insight into the financial status of the Subject.
CURRENT OPERATIONS
NAICS Code: 448 Clothing and Clothing Accessories Stores
Number of Employees: 3
Business Activity:
The Company is engaged as a retailer of men's clothing.
The headquarters is at the above-noted address. Management reports no branch locations or divisions.
TRADE REFERENCES
We have sent a written request via facsimile to the Subject for the names and contact information of their suppliers. We have not yet received a response from the Subject however at such time as we receive the requested information, we will contact all vendors of the Subject for a trade reference and provide an update.
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 a relatively newly established retailer of men's clothing. No payment records were found and a search of public records and bankruptcy courts revealed no derogatory information or record of the Company filing a bankruptcy petition.
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%)
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