MIRA
INFORM REPORT
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Report Date : |
13th March, 2007 |
IDENTIFICATION
DETAILS
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Name : |
R.N. ENTERPRISES, INC. |
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Registered Office : |
576 Fifth Avenue,
Suite 303, New York 10036, U.S.A. |
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Country : |
United States |
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Date of Incorporation : |
14.09.2004 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Wholesalers of jewelry. |
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 : |
Inadequate |
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Litigation : |
Clear |
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IDENTIFICATION & EXECUTIVE SUMMARY
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Company Name |
R.N. ENTERPRISES,
INC. |
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Address |
576 FIFTH AVENUE,
SUITE 303 |
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City |
NEW YORK |
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State/Province |
NEW YORK |
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Zip Code |
10036 |
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Country |
UNITED STATES |
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Telephone |
212 398-9410 |
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Facsimile |
212 369-4113 |
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Legal Form |
Corporation -
Private |
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As of |
- |
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Sales / Revenue |
- |
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Net Income |
- |
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Total Equity |
- |
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Number of Employees |
3 |
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Website |
No website |
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Business Activity |
Wholesalers of
jewelry. |
NOTE TO CLIENT
Person
Contacted: Mr. Reggie Rajiv, President.
Mr.
Rajiv was contacted on December 7, 2005. He offered general business
information, but declined to reveal any financial information. A fax request
was sent, however at the time of this report, the company has yet to respond.
If a reply is received, the report will be amended.
LEGAL
Legal
Form :
Corporation - Private
Since
(D/M/Y) :
14/09/2004
State/Province
of Incorporation: NY
Status :
ACTIVE
Previous
Legal Form :
Company
is NOT required to publish an annual financial report.
Current
Entity Name: R.N. ENTERPRISES INC.
Initial
DOS Filing Date: SEPTEMBER 14, 2004
County:
SUFFOLK
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)
R.N.
ENTERPRISES INC.
20
FLORIDA AVENUE
COMMACK,
NEW YORK, 11725
Registered
Agent
NONE
Managers/Key Personnel
Mr.
Reggie Rajiv
President
AFFILIATED ENTITIES
There
are no known subsidiaries or affiliated companies as far as can be determined.
BANKS
NY
Telephone:
Facsimile:
Account
Number:
Account
Manager:
The
name of a primary bank could not be obtained either directly from management or
determined by outside sources.
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
Mr.
Rajiv declined to reveal any financial information. Outside sources consulted
failed to add any insight into the financial condition of the firm.
CURRENT OPERATIONS
NAICS
Code: 42 Wholesale Trade
Number
of Employees: 3
Business Activity
Wholesalers
of jewelry.
The
Company's products are distributed throughout the United States and abroad.
The
above address is the headquarters of the company. There is another location on
20 Florida Avenue in Commack, N.Y.
TRADE REFERENCES
Supplier
references could not be obtained.
PUBLIC RECORD
A
search of public records in the State of New York revealed no Uniform Commercial
Codes, legal actions, or bankruptcy petitions.
GENERAL COMMENTS
R.N.
Enterprises, Inc., incorporated in 2004, are engaged as wholesalers of jewelry.
A significant payment record could not be developed on the subject. However, no derogatory information was
found. Should management provide any further details, the report will be
amended.
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%)