MIRA
INFORM REPORT
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Report Date : |
14th March, 2007 |
IDENTIFICATION
DETAILS
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Name : |
STAR RAYS N.Y.
INC. |
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Registered Office : |
71 West 47th Street, New York – 10036 |
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Country : |
United
States |
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Date of Incorporation : |
26.10.2000 |
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Legal Form : |
Corporation
- Private |
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Line of Business : |
Ø
The
Company is a Jewellery wholesaler. Ø
The
Company specializes in diamond Jewellery. |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE SUMMARY
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Company Name |
STAR RAYS N.Y. INC. |
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Address |
71 WEST 47TH STREET |
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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 |
212.398.5120 |
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Facsimile |
212.398.5122 |
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Legal Form |
Corporation - Private |
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Website |
No Website |
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@rating Opinion |
-- |
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Business Activity |
The Company is a Jewlery wholesaler. |
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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 |
5 |
NOTE TO CLIENT
Contacted
Mr. Kirn (No last name provided), President.
Mr. Kirn
did verify some basic information but declined to provide financial information
over the phone. In the event a response is received, an update will be
provided.
LEGAL
Legal
Form :
Corporation - Private
Since (D/M/Y): 26/10/2000
State/Province
of Incorporation : NY
Status : ACTIVE
Previous
Legal Form:
Company
is NOT required to publish an annual financial report.
The
Company is incorporated is in the State of NEW YORK.
Current
Entity Name : STAR RAYS N.Y. INC.
Initial
DOS Filing Date : OCTOBER 26, 2000
County : NEW YORK
Jurisdiction : NEW YORK
Entity
Type : DOMESTIC
BUSINESS CORPORATION
Current
Entity Status : ACTIVE
Address
Information DOS
STAR
RAYS N..Y. INC.
15 WEST
47 STREET STE 407
NEW
YORK, NEW YORK, 10036
Registered
Agent
NONE
Managers/Key Personnel
Mr.
Kirn President
AFFILIATED ENTITIES
As far
as could be determined, there are no known affiliates or subsidiaries.
BANKS
Telephone:
Facsimile:
Account
Number:
Account
Manager:
We could
not obtain any banking information.
PAYMENT HISTORY
No significant
payment history was found.
FINANCIAL INFORMATION
Management
declined to provide any financial information about the Company.
CURRENT OPERATIONS
NAICS
Code : 42194 Jewellery, Watch, Precious Stone and
Precious Metal
SIC Code : 5094
Number
of Employees: 5
Business Activity
The
Company is a Jewellery wholesaler.
The
Company specializes in diamond Jewellery.
The
Company leases 600 square feet at the provided address. As far as can be
determined, there are no other branches.
PUBLIC RECORD
The
following civil filings were found.
Name
Searched : STAR RAYS N.Y.
Amount : $ 1,421
Attorney : COHN AND COHN PC
Creditor : FERRARI EXPRESS INC
Debtors : STAR RAYS NY INC
608 5 AV 908
NEW YORK, NY 10020
Docket
Number : 3979901
Filing
Date : 2/26/2002
Type : JUDGMENT
Name
Searched : STAR RAYS N.Y.
Amount : $ 1,421
Attorney : COHN AND COHN PC
Creditor : FERRARI EXPRESS INC
Debtors : STAR RAYS NY INC
608 5 AV 908
NEW YORK, NY 10020
Docket
Number : 3979901
Filing Date : 2/26/2002
Status
Date : 5/1/2002
Status : SATISFIED
Type : JUDGMENT
A search
of bankruptcy courts revealed no record of the Subject filing for bankruptcy.
GENERAL COMMENTS
Originally
incorporated in the year 2000, the Company is well established. The Subject is
a jewelery wholesaler. No significant payment history was found. A search of
bankruptcy courts revealed no record of the Subject filing for bankruptcy and
no current civil filings. Therefore, the Company is considered to be responsible
for normal business transactions.
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%)