MIRA
INFORM REPORT
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Report Date : |
22.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
TRADEWELL ENTERPRISES INC. |
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Registered Office : |
71 West 47th Street Suite 402, New York – 10036, |
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Country : |
United States |
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Date of Incorporation : |
13/03/2002 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
The Subject is believed to be engaged in the jewerly wholesale
business, but it could not be confirmed by management |
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. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name : TRADEWELL
ENTERPRISES INC.
Address : 71
WEST 47TH STREET SUITE 402
City :
NEW YORK
State/Province : NEW
YORK
Zip Code :
10036
Country :
UNITED STATES
Telephone :
212-869-5200
Facsimile :
N/A
Legal Form :
Corporation - Private
Website : No
Website
Business Activity : The
Subject is believed to be engaged in the jewerly wholesale business, but it
could
not be confirmed by management.
As of :
--
Sales / Revenue : --
Net Income : --
Total Equity : --
Number of Employees : 5
NOTE TO CLIENT
We contacted the company and
spoke to a representative (no name or title provided) who adamantly declined to
provide any information about the company; he also declined to provide a fax
number for the Company. Therefore information in this report could not be
confirmed by management.
LEGAL
Legal Form :
Corporation - Private
Since (D/M/Y) :
13/03/2002
State/Province of Incorporation :
NY
Status :
ACTIVE
Previous Legal Form :
Unknown
Company is NOT required to publish an annual financial report.
The Subject is incorporated in the state of New York under the following
registration:
Selected Entity Status Information Current Entity Name:
TRADEWELL ENTERPRISES INC.
Initial DOS Filing Date: MARCH 13, 2002
County: NEW YORK
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)
TRADEWELL ENTERPRISES INC.
SUITE #904
2 WEST 46TH STREET
NEW YORK, NEW YORK, 10036
Registered Agent
NONE
Managers/Key
Personnel
Mr. Thaika Meeran Haroon
President
Mr. Muflih O. Farook Vice 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
The firm is not a large seeker of local trade credit as a significant
payment record could not be developed.
FINANCIAL INFORMATION
The Subject would not disclose any financial information. Other outside
sources consulted could not provide any further insight into the financial
condition of this firm.
CURRENT OPERATIONS
NAICS Code: 42194 Jewelry, Watch, Precious Stone and
Precious Metal
SIC Code: 5094
Number of Employees:
5
Business Activity
The Subject is believed to be engaged in the jewerly wholesale business,
but it could not be confirmed by management.
As far can be determined the heading address is the sole location for
the Company.
TRADE REFERENCES
No trade references could be obtained.
PUBLIC RECORD
A search of bankruptcy courts revealed no record of the Subject filing
for bankruptcy.
No tax liens were found against
the Subject.
The following UCC filings have
been made by the Subject:
Name Searched: TRADEWELL ENTERPRISES
Debtor Address: TRADEWELL
ENTERPRISES INC.
71 WEST 46TH STREET
NEW YORK, NY 10036
Secured Parties: HSBC BANK USA,
NATIONAL ASSOCIATION
Filing Date: 3/30/2005
Filing Number: 0503305268797
Filing Type: INITIAL FILING
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Name Searched: TRADEWELL
ENTERPRISES
Debtor Address: TRADEWELL
ENTERPRISES INC.
2 W. 46TH STREET -SUITE 904
NEW YORK, NY 10036
Secured Parties: HSBC BANK USA
Filing Date: 12/12/2003
Filing Number: 0312125586382
Filing Type: INITIAL FILING
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The following civil judgment has
been found against the Company:
Name Searched: TRADEWELL
ENTERPRISES
Defendant Counsel: UNKNOWN
UNKNOWN
Defendant: HAROON MEERAN
TRADEWELL ENTERPRISES INC
Plaintiff Counsel: UNKNOWN
UNKNOWN
Plaintiff: DIAMLINK JEWLERY INC
GENERAL COMMENTS
The Subject is believed to be engaged in the jewerly wholesale business since
2002. No payment were found for the Company. There were no bankruptcy filings
made by the Company. There was one civil judgment found against the Subject,
but at this time, the current status could not be determined.
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. |
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%)