MIRA INFORM REPORT

 

 

Report Date :

09.05.2007

 

IDENTIFICATION DETAILS

 

Name :

NEW WORLD, INC.

 

 

Registered Office :

2333b Sandifer Boulevard, Westminster, South Carolina - 29693                       

 

 

Country :

United States               

 

 

Date of Incorporation :

09/12/1999

 

 

Legal Form :

Corporation - Private

 

 

Line of Business :

--

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NR

 

RATING

STATUS

PROPOSED CREDIT LINE

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

Status :

Undetermined

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

 


IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name:            NEW WORLD, INC.

Address:                       2333B SANDIFER BOULEVARD

City:                             WESTMINSTER

State/Province:              SOUTH CAROLINA                       

Zip Code:                      29693                       

Country:                                    UNITED STATES               

Telephone:                    N/A                         

Facsimile:                     N/A

As of:

Sales / Revenue:

Net Income:

Total Equity:

Legal Form:                   Corporation - Private

Website:                       N/A

Business Activity:

 

 

NOTE TO CLIENT

 

We could not reach the Subject with the provided contact information.  Please see below for details.

 

 

IMPERATIVES

 

Please be advised that we did locate a corporate registration under the provided name with the South Carolina Secretary of State. (SEE LEGAL)

 

The provided address 2333B SANDIFER BOULEVARD, WESTMINSTER, SC 29693, we reached a woman (TEL: 864-647-8855) who stated that we had reached a distribution center for INTERNATION HOME FASHIONS, INC. headquartered at 507 WEST STATE ST. STE. A, BLACKMOUNTAIN, NC (TEL: 828-669-6585) The woman deferred our questions to Mr. Ron Venterella, Finance Director, who situated at the head office in North Carolina.

We reached Mr. Venterella who stated that NEW WORLD INC. used to supply textile products to INTERNATIONAL HOME FASHIONS INC. but no longer does as of last year.  We asked Mr. Venterella for NEW WORLD INC'S address and phone number. He gave us the following (and only) address he had for them:

 

295 5th Avenue

Ste. 1603

New York, NY 10016

 

Unfortunately, he did not have the corresponding telephone number for this address. As such, per our phone directory search, no results returned for a company under the name NEW WORLD INC. or the surrounding area.

 

The following business neighbors, all located at 275 5TH AVENUE, were contacted:

 

1) Natchura World

    212-725-0161

 

 We called the above number but the phone rings continuously with no answer.

 

2) Certified International

    212-741-1332

 

We called the above number which appears to no longer be in service.

 

3) Windham Trading

    212-779-1242

 

We called this number and reached a gentleman who had never heard of the Subject. He was unable to provide us with a number for the building manager.

 

Alternatively, using the registered agent name and address listed with the Subject's South Carolina registration, a phone directory search returned no results.

 

No further information regarding the Subject could be traced following a complete internet search and utilizing all third party sources available.

 

No payment record could be developed.

 

No public were traced under the Subject's name.

 

No bankruptcy petition was filed by the Subject.

 

This is a full report.

 

 

LEGAL

 

Legal Form:                               Corporation - Private  

Since (D/M/Y):                           09/12/1999

State/Province of Incorporation:   SC

Status:                                                  ACTIVE

Previous Legal Form:

 

Company is NOT required to publish an annual financial report.

 

SOUTH CAROLINA SECRETARY OF STATE:

 

NEW WORLD, INC.

DOMESTIC / FOREIGN:  Domestic

STATUS:  Good Standing

STATE OF INCORPORATION / ORGANIZATION:  SOUTH CAROLINA

FILE DATE:  12/09/1999

EFFECTIVE DATE:  12/09/1999

REGISTERED AGENT INFORMATION

 

REGISTERED AGENT

RICHARD L FEW JR

300 E MCBEE AVE

GREENVILLE SC 29601

 

 

FINANCIAL INFORMATION

 

We could not obtain any financial information.

 

 

 

CURRENT OPERATIONS

 

NAICS Code:   999       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