MIRA INFORM REPORT

 

 

Report Date :

22.11.2007

 

IDENTIFICATION DETAILS

 

Name :

UNITED BROTHERS INC

 

 

Registered Office :

48 W 48th St Fl 7, New York, Ny 10036-1703

 

 

Country :

United States

 

 

Date of Incorporation :

11/10/1992

 

 

Legal Form :

Institutions

 

 

Line of Business :

Jewelry, Precious Metal

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

 


 

Company Information

 

 

UNITED BROTHERS INC
48 W 48TH ST FL 7
NEW YORK, NY 10036-1703
(212) 921-2558

Business Identification Number:

837121742

File Established:

11/1992

Date of Incorporation:

11/10/1992

SIC code: 

JEWELRY, PRECIOUS METAL - 3911

 

Executive Summary

 

 

  Intelliscore for UNITED BROTHERS INC

 

 

71.79

 

 

0-32.47

32.48-58.63

58.64-70.19

70.2-77.71

77.72-100

0

 

100

 

High risk

Low risk


LOW TO MEDIUM RISK
69% of businesses indicate a higher risk of becoming seriously delinquent than this business

Key score factors:

NUMBER OF DEROGATORY PUBLIC RECORD ACCOUNTS

NUMBER OF CURRENT ACCOUNTS

NUMBER OF OTHER TRADES

NUMBER OF ACTIVE ACCOUNTS



  Research Tips

Additional information may be available on this business.

Other recommended searches:

Order Public Record

 

Legal Filings and Collections

Bankruptcy filings:

0

Tax lien filings:

0

Judgment filings: details (FILED 01/05)

1

Total collections:

0

Sum of legal filings:

$9,787

UCC filings: details (FILED 08/05)

1

Cautionary UCC filings present?

Yes**



Trade Information

Monthly average DBT:

0

Highest DBT previous 6 months:

0

Highest DBT previous 5 quarters:

0

Total continuous trades:

3

Current continuous trade balance:

$400

Trade balance of all trades (7):

$400

Average balance previous 5 quarters:

$500

Highest credit amount extended: details

$1,600

6 month balance range:

$0 - $0

** Cautionary UCC Filings include one or more of the following collateral: Accounts, Accounts Receivable, Contracts, Hereafter Acquired Inventory, Leases, Notes Receivable or Proceeds.

 

 

 

Legal Filings and Collections

 

 

  Judgments

File
Date

Filing
Type

Status

Amount

Plaintiff

Filing
Number

Jurisdiction

01/06/2005

Judgment

Filed

$9,787

 

JB COLLECTION LTD

05522504

NEW YORK CITY CVL CT

Trade Payment Information

 

 

Trade Payment Experiences
(Trade Lines With an (*) after date are newly reported)

Account Status
Days Beyond Terms

 

Business
Category

Date
Reported

Last
Sale

 

Payment
Terms

 

Recent
High
Credit

 

Balance

Cur

1-30

31-60

61-90

91+

Comments

+AIR TRANS

09/2007

 

 

 

$900

$400

100%

 

 

 

 

CUST 4 YR

 OFFC SUPPL

11/2007

11/2004

CREDIT

 

$1,600

$0

 

 

 

 

 

 

 PACKAGING

11/2007

 

NET 30

 

 

$0

 

 

 

 

 

CUST 1 YR

 

Trade Payment Totals

 

 

Trade Payment Experiences

Account Status
Days Beyond Terms

 

Type

Lines
Reported

 

 

 

Recent
High
Credit

 

Balance

Cur

1-30

31-60

61-90

91+

Comments

Continuously Reported

3

 

 

$2,500

$400

100%

 

 

 

 

DBT: 0

Newly Reported

0

 

 

 

 

 

 

 

 

 

DBT:  

Trade Lines Totals

3

 

 

$2,500

$400

100%

 

 

 

 

DBT: 0

 

Additional Payment Experiences

 

 

Trade Payment Experiences
(Trade Lines With an (*) after date are newly reported)

Account Status
Days Beyond Terms

 

Business
Category

Date
Reported

Last
Sale

 

Payment
Terms

 

Recent
High
Credit

 

Balance

Cur

1-30

31-60

61-90

91+

Comments

 AIR TRANS

11/2006

 

NET 30

 

$200

$0

 

 

 

 

 

CUST 1 YR

 COMMUN EQP

11/2005

 

VARIED

 

 

$0

 

 

 

 

 

 

 CRED CARD

11/2007

 

CREDIT

 

 

$0

 

 

 

 

 

ACCTCLOSED

 MANUFCTRNG

10/2006

 

CERTCHK

 

 

$0

 

 

 

 

 

 

 

Monthly Payment Trends

 

 

Payment Trends Analysis
JEWELRY, PRECIOUS METAL INDUSTRY SIC: 3911

Account Status
Days Beyond Terms

Date Reported

Industry

Cur

DBT

Business
DBT

Balance

Cur

1-30

31-60

61-90

91+

CURRENT

N/A

N/A

0

$400

 

100%

 

 

 

 

OCT07

90%

6

0

$400

 

100%

 

 

 

 

SEP07

90%

6

0

$400

 

100%

 

 

 

 

AUG07

90%

7

0

$400

 

100%

 

 

 

 

JUL07

89%

9

0

$400

 

100%

 

 

 

 

JUN07

87%

9

0

$400

 

100%

 

 

 

 

MAY07

86%

11

0

$400

 

100%

 

 

 

 

 

Quarterly Payment Trends

 

 

Payment History - Quarterly Averages

Account Status
Days Beyond Terms

Quarter

Months

DBT

Balance

Cur

1-30

31-60

61-90

91+

Q3 - 07

JUL-SEP

0

$500

 

100%

 

 

 

 

Q2 - 07

APR-JUN

0

$400

 

100%

 

 

 

 

Q1 - 07

JAN-MAR

0

$400

 

100%

 

 

 

 

Q4 - 06

OCT-DEC

0

$400

 

100%

 

 

 

 

Q3 - 06

JUL-SEP

0

$800

 

100%

 

 

 

 

 

UCC Profile

 

The UCC Filings are summarized and listed below.

 

UCC Summary

Filings

Date Range

Year

Cautionary
UCCs**

Total
Filed

Released/
Term'd

Cont

Amended/
Assigned

JUL - PRESENT

 

2007

 

 

 

 

 

JAN - JUN

 

2007

 

 

 

 

 

JUL - DEC

 

2006

 

 

 

 

 

JAN - JUN

 

2006

 

 

 

 

 

JUL - DEC

 

2005

1

1

 

 

 

PRIOR TO JUL

 

2005

 

 

 

 

1

Total

 

1

1

 

 

1

 

** Cautionary UCC Filings include one or more of the following collateral: Accounts, Accounts Receivable, Contracts, Hereafter Acquired Inventory, Leases, Notes Receivable or Proceeds.

 

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  UCC Filings

 

UCC FILED Date: 08/24/2005

Filing Number: 200508245753161

Jurisdiction: SEC OF STATE NEW YOR

Secured Party: CITIBANK (WEST) FSB CA GLENDALE 91203 201 W. LEXINGTON DRIVE

Collateral: EQUIP, FURN & FIX, INVENTORY, HEREAFTER AQUIRED PROP, UNDEFINED


UCC AMENDED Date: 06/14/2005

Filing Number: 200506145533689

Original Filing Date: 11/02/1995

Original Filing Number: 221042

Original Filing State: NY

Jurisdiction: SEC OF STATE NEW YOR

Secured Party: HSBC BANK USA, NATIONAL ASSOCIATION SUCC NY BUFFALO 14203 1

Collateral:  

 

Company Background Information

 

 

  Corporate Registration

 

THE FOLLOWING INFORMATION WAS PROVIDED BY THE STATE OF NEW YORK

State of Origin: NY

Date of Incorporation: 11/10/1992


Business Type: Institutions - Profit

Charter Number: 1679329


Agent: GAVRIEL NISANOV

Agent Address: 48 W 48TH ST NEW YORK, NY

 

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  Additional Company Background Information

 

Key Personnel

Principal(s): 

MIKE TURCHIN, MANAGER

 

GABRIEL NISANOV, PRESIDENT

 

RALPHY KATANOV, GENERAL MA


Operating Information

Business Type: Institutions


Primary SIC Code: JEWELRY, PRECIOUS METAL - 3911

 

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.

 

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