MIRA INFORM REPORT

 

 

Report Date :

01.03.2007

 

IDENTIFICATION DETAILS

 

Name :

PAN AM FASHION CORP.

 

 

Registered Office :

4121 13th Avenue, Brooklyn, New York 11219                       

 

 

Country :

United States               

 

 

Date of Incorporation :

02/03/2005

 

 

Legal Form :

Corporation - Private

 

 

Line of Business :

--

 

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Undetermined

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

 

IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name : PAN AM FASHION CORP.

Address                        : 4121 13TH AVENUE

City                              : BROOKLYN

State/Province               : NEW YORK                            

Zip Code                       : 11219                       

Country                         : UNITED STATES               

Telephone                     : 718 437-7384                

Facsimile                      : N/A

As of                             : --

Sales / Revenue : --

Net Income                    : --

Total Equity                   : --

Legal Form                    : Corporation - Private

Business Activity           : --

 

 

NOTE TO CLIENT

 

Provided name: PANAM FASHION CORP.

Correct legal name: PAN AM FASHION CORP.

 

We called the Company using the provided number. We spoke with someone who  confirmed only that we had reached Pan Am Fashion at 4121 13TH AVENUE in  Brooklyn, New York, he would not disclose any information about the Company. He  also stated that the owner was not available and that he did not know when he  will return.

 

We have completed a search with business registers and directories as well as an  internet search failed to add any insight into the corporate structure,  officers/owners, activities or financial condition of this firm.

 

We found no payment history for the Subject. However, we found a limited payment  history for a company called; PANAM MENS CLOTHING II LTD listed at the provided  address.

 

No liens, judgments or bankruptcy filings were found.

 

This is a full report.

 

Legal Form                                : Corporation - Private                     

Since (D/M/Y)                            : 02/03/2005

State/Province of Incorporation    : NY

Status                                       : ACTIVE

Previous Legal Form                   :

Company is NOT required to publish an annual financial report.

 

Selected Entity Name    : PAN AM FASHION CORP.

Initial DOS Filing Date    : MARCH 02, 2005

County                          : KINGS

Jurisdiction                    : NEW YORK

Entity Type                    : DOMESTIC BUSINESS CORPORATION 

Current Entity Status      : ACTIVE

 

Selected Entity Address Information DOS Process 

PAN AM FASHION CORP.

626 WYTHE PLACE

APARTMENT 9A

BROOKLYN, NEW YORK, 11211

 

Registered Agent

NONE

 

 

FINANCIAL INFORMATION

 

Not Available

 

 

CURRENT OPERATIONS

 

 NAICS Code:   99        Unclassified Establishments

 

 

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