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Report Date : |
27th February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
TUXEDO PARK |
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Registered Office : |
104 Westbury Avenue, Carle Place, New York 11514, United States |
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Country : |
United States |
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Date of Incorporation : |
1986 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Engaged in the sale and rental of men's formal wear. |
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 : |
Satisfactory |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
Company Name : TUXEDO PARK
Address : 104 WESTBURY AVENUE
City : CARLE PLACE
State/Province : NEW YORK
Zip Code : 11514
Country : UNITED STATES
Telephone : 516 294-7300
Facsimile : 516 294-1769
Legal Form : Sole Proprietorship
Website : www.tuxedoparkli.com
@rating Opinion :
Business Activity : The Subject is engaged in the sale and rental of men's formal wear.
Founded (D/M/Y) : / /1986
As of :
Sales / Revenue :
Net Income :
Total Equity :
Person contacted: Mr. Rychard Nelson, Owner.
Mr. Nelson confirmed only general information by phone. He requested a faxed request for further information which was sent to him. As of this writing we have not received any reply.
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Number of employees could not be determined.
Legal Form: Sole Proprietorship
Previous Legal Form:
Company is NOT required to publish an annual financial report.
The Subject is a Sole Proprietorship, and as such is not required to file with the Secretary of State. For reporting purposes the name Tuxedo Park is used in the heading of this report. For legal purposes the name of the Business is that of individuals listed as " Owner" in this report.
Mr. Rychard Nelson Owner
There are no affiliated businesses at this time.
NY
Telephone:
Facsimile:
Account Number:
Account Manager:
Bank details were not immediately available.
The Subject has not established a significant payment history at this time.
Financial details were not provided at this time.
NAICS Code: 44811 Men's Clothing Stores
SIC Code: 5611
The Subject is engaged in the sale and rental of men's formal wear.
The Firm operates 2 retail locations engaged in the sale and rental of formal wear and accessories for men. Products include: tuxedos, shoes, belts, shirts, and other related products. They also offer tailoring and other services related to their products.
The Subject has a branch location in Huntington New York, full address details were not immediately available.
We found no public record filings in the Subject's name, including bankruptcy or other such derogatory filings.
The Subject began operating in 1986. No payment history has been established for the Firm, the operating record is clear. No derogatory information was reported or noted. The Firm appears capable of good trade relations.
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