MIRA INFORM REPORT

 

 

Report Date :

27th February, 2007

                                                         

IDENTIFICATION DETAILS

 

Name :

H. STOCKTON PARK PLACE, INC.

 

 

Registered Office :

4505 Ashford Dunwoody Road Ne, Atlanta, Georgia  30346, United States.

 

 

Country :

United States

 

 

Date of Incorporation :

31.08.1979

 

 

Legal Form :

Corporation - Private

 

 

Line of Business :

Engaged in the retail of high-end men's clothing and accessories.

 

 

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 : H. STOCKTON PARK PLACE, INC.

Trade Name(s)               :

Address                        : 4505 ASHFORD DUNWOODY ROAD NE

City                              : ATLANTA

State/Province               : GEORGIA                              

Zip Code                       : 30346                       

Country                         : UNITED STATES               

Telephone                     : 770 396-1300                

Facsimile                      : 770 396-2416                

Legal Form                    : Corporation - Private

Website                        : www.hstockton.com

@rating Opinion :

Business Activity           : H. Stockton Park Place, Inc. is engaged in the retail of high-end men's clothing and

                                      accessories.

As of                             :

Sales / Revenue :

Net Income                    :

Total Equity                   :

Number of Employees    : 15

 

 

NOTE TO CLIENT

 

Contact person: Ms. Nicole Brown, Controller.

 

Please note that the provided name H. STOULTON is incorrect, the correct legal name is H. STOCKTON PARK PLACE, INC.

Ms. Brown provided the information for this report.

 

 

LEGAL

 

Legal Form                                : Corporation - Private                   

Since (D/M/Y)                            : 31/08/1979

State/Province of Incorporation    : GA

Status                                       : ACTIVE

Previous Legal Form:

Company is NOT required to publish an annual financial report.

The Company is incorporated in Georgia.

 

H. STOCKTON PARK PLACE, INC.

Profit Corporation - Domestic -

Control No.                    : H909092

Status                           : Active/Compliance

Entity Creation Date       : 8/31/1979

Jurisdiction                    : GA

Principal Office Address : 3625 CUMBERLAND BLVD.

SUITE 100

ATLANTA GA 30339

Last Annual Registration Filed Date: 2/5/2007

Last Annual Registration Filed: 2007

Registered Agent

Agent Name: HAMILTON STOCKTON III

Office Address: 4505 ASHFORD DUNWOODY ROAD

ATLANTA GA 30346

 

 

Managers/Key Personnel

 

Mr. Hamilton Stockton, III                       Chief Executive Officer

Mr. Clifford Stockton                               Chief Financial Officer

Ms. Nicole Brown                                               Controller

 

 

AFFILIATED ENTITIES

 

The Company has three affiliated companies:

 

H. STOCKTON DOWNTOWN, INC.

191 PEACHTREE STREET, SUITE 130

ATLANTA, GA 30343

=====================================================

 

H. STOCKTON LENOX, INC.

3393 PEACHTREE ROAD

ATLANTA, GA 30326

=====================================================

 

H. STOCKTON-COBB, INC.

3625 CUMBERLAND BLVD. SUITE 100

ATLANTA, GA 30339

=====================================================

 

 

Parent Companies

 

Parent Company:    H. Stockton-Atlanta, Inc.

 

GA

UNITED STATES

 

 

BANKS

 

Georgia Commerce Bank

 

GA

Telephone: 678 631-1243

Facsimile: 678 631-1241

Account Number:

Account Manager: Karen Hatcher

We have forwarded a fax to the bank. The report will be updated when we receive a response.

 

 

PAYMENT HISTORY

 

 BUSINESS   DATE  LAST  PAYMENT CREDIT   BALANCE  CUR 1-  31- 61-

 CATEGORY   REPTD SALE  TERMS      $        $      %  30  60  90  91+ COMMENTS

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

 ADVERTISNG 07-01 00-00 NET 30  0        0        0   0   0   0   0   CUST  4 YR

 APPAREL    06-12 00-00 NET 30  5700     100      100 0   0   0   0

 

 APPAREL    06-11 00-00 NET30   1700     0        0   0   0   0   0

 APRL MENS  07-01 00-00 0000000 2300     0        0   0   0   0   0

 FACTOR     06-12 00-00 VARIED  47300    47300    100 0   0   0   0

 FACTOR     07-01 06-12 NET 30  1100     500      100 0   0   0   0

 OFFC SUPPL 07-01 03-06 CREDIT  2500     0        0   0   0   0   0

 PLUMBING   07-01 06-09 NET30   0        0        0   0   0   0   0

 SHOES      06-12 00-00 NET 30  100      100      100 0   0   0   0

 TRUCK DLR  07-02 00-00 CONTRCT 500      0        0   0   0   0   0

 AIR TRANS  05-03 05-03         100      0        0   0   0   0   0

 AIR TRANS  05-12 00-00 NET 30  0        0        0   0   0   0   0   CUST  3 YR

 APPAREL    04-06 04-05 NET 30  700      100      100 0   0   0   0   CUST 11 YR

 FACTOR     06-03 05-05 NET 60  800      0        0   0   0   0   0

 TRANSPORTN 06-02 00-00 VARIOUS 0        0        0   0   0   0   0   PROMPT

 CURRENT QUARTER                61100    47900    100 0   0   0   0

 

 Payment Trends

 

            INDUSTRY     BUSINESS        BALANCE  CUR 1-  31- 61-

 DATE      CUR    DBT       DBT             $      %  30  60  90  91+

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

 20070200  0      0         0            47900    100 0   0   0   0

 20070100  0      0         0            48500    100 0   0   0   0

 20061200  0      0         0            24900    99  1   0   0   0

 20061100  0      0         3            17700    79  21  0   0   0

 20061000  0      0         2            14000    85  15  0   0   0

 20060900  0      0         0            14000    100 0   0   0   0

 

 Payment History - Quarterly Averages

 

                                         BALANCE  CUR 1-  31- 61-

 QUARTER  YEAR              DBT             $      %  30  60  90  91+

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

 Fourth   2006              1            30300    96  4   0   0   0

 Third    2006              1            19000    94  6   0   0   0

 Second   2006              0            15600    100 0   0   0   0

 First    2006              0            17800    99  1   0   0   0

 Fourth   2005              9            6700     41  59  0   0   0

 

 

FINANCIAL INFORMATION

 

Ms. Brown declined to provide the Company's financials.

 

 

CURRENT OPERATIONS

 

NAICS Code:   44811     Men's Clothing Stores

SIC Code:     5611

 

Number of Employees:              15

 

 

Business Activity

 

H. Stockton Park Place, Inc. is engaged in the retail of high-end men's clothing and accessories.

 

The Company provides made to measure custom clothing with exact tayloring and a selection of suits, sport jackets, and shirts from several names such as Oxxford Clothes, Hickey Freeman, Samuelsohn, and Robert Talbott.

 

The heading address is the Subject's sole location.

 

 

PUBLIC RECORD

 

No derogatory legal action was filed against the Subject nor were there any 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

 

H. STOCKTON PARK PLACE, INC. is engaged in the retail of high-end men's clothing and accessories. The Subject's payment history is reported to be satisfactory. Legal indicate no negative litigation taken against the Subject. 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%)

 

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