MIRA
INFORM REPORT
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Report Date : |
04.10.2007 |
IDENTIFICATION DETAILS
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Name : |
VISION
INTERNATIONAL, INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
29/06/1981 |
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Legal Form : |
Corporation -
Private |
RATING & COMMENTS
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MIRA’s Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Undetermined |
IDENTIFICATION
& EXECUTIVE SUMMARY
Company Name: VISION
INTERNATIONAL, INC.
Address:
City: NORCROSS
State/Province:
Zip Code:
Country: UNITED
STATES
Telephone: 770
262-9389
Facsimile: N/A
Legal Form: Corporation
- Private
As of:
Sales / Revenue:
Net Income:
Total Equity:
Website: None
Available
Business Activity:
NOTE TO CLIENT
NAME ORDERED: VISION
INTERNATIONAL
LEGAL NAME: VISION INTERNATIONAL, INC.
IMPERATIVES
An active corporate
registration was found under the name; Vision International, Inc.
The provided
telephone number; 770-717-9893 has been disconnected.
An alternate
telephone number was found; 404-934-2000. This number was also contacted, but
does not identify a company or who the number is listed to.
A neighboring firm
was contacted; Atlanta Shirt DBA: Georiga Trading was contacted; 678-720-0930.
A gentleman answered the telephone and stated that the Subject is located at
the heading address. He provided a cellular telephone number for Mr. Rehan
Sayeed (770-262-9389). This number was contacted, however went directly to voice
mail. Messages were left for a callback and as of this writing no response has
been received.
A wide variety of
outside sources consulted; business directories, registers as well as an
electronic search failed to add any insight into the activities or financial
condition of the Firm. A very limited
payment record was developed at the provided address.
Public indicate that
the Firm now resides at the heading address.
Should management
respond with further information, the report will be amended immediately.
This is a full
investigation
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 29/06/1981
State/Province of
Incorporation: GA
Status: ACTIVE
Previous Legal Form:
Company is NOT required
to publish an annual financial report.
Profit Corporation
Control No.: J107604
Status:
Active/Compliance
Entity Creation
Date: 6/29/1981
Jurisdiction: GA
Principal Office
Address:
NORCROSS GA 30093
Last Annual
Registration Filed Date: 1/30/2007
Last Annual
Registration Filed: 2007
Registered Agent
Agent Name: REHAN
SAYEED
Office Address:
Managers/Key
Personnel
Mr. Rehan
Sayeed Chief Executive Officer
Mr. Qayum
Mohammed Chief Financial Officer
AFFILIATED ENTITIES
There are no
subsidiaries, divisions or other affiliated companies.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE
CUR 1- 31- 61-
CATEGORY
REPTD
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
ADVERTISNG 07-09 00-00 NET 30 0
0 0 0
0 0 0
CUST 3 YR
TRUCK DLR
07-09 00-00 CONTRCT 2300
0 0 0 0 0 0
AIR TRANS
06-11 00-00 NET 30 1600 200
51 0 49
0 0 COLLECTION
CURRENT QUARTER 2300 0
0 0 0
0 0
Payment Trends
INDUSTRY BUSINESS BALANCE
CUR 1- 31- 61-
DATE
CUR DBT DBT $ %
30 60 90 91+
--------
--- --- --- -------- --- --- --- --- ---
20070900
0 6 15 1100 0
100 0 0 0
20070800
0 6 0 2300 100 0
0 0 0
20070700
0 6 0 0 0
0 0 0 0
20070600
0 7 18 100 26
50 24 0 0
20070500
0 6 4 100 76
24 0 0 0
20070400
0 6 15 100 67
0 33 0 0
Payment History - Quarterly Averages
BALANCE CUR 1- 31- 61-
QUARTER
YEAR DBT $ %
30 60 90 91+
-------- ------ --- -------- --- --- --- --- ---
Second
2007 0 0 0
0 0 0 0
First
2007 21 200 35
33 25 7 0
Fourth
2006 54 600 13
7 23 57 0
Third
2006 0 0 0
0 0 0 0
Second
2006 27 200 9
48 43 0 0
FINANCIAL
INFORMATION
Outside sources
consulted failed to add any insight into the financial condition of the firm.
CURRENT OPERATIONS
NAICS Code: 99
Unclassified Establishments
PUBLIC RECORD
Name Searched:
VISION INTERNATIONAL INC
Debtor Address:
VISION INTERNATIONAL, INC.
Secured Parties: THE
SUMMIT NATIONAL BANK
Filing Date:
9/1/2006
Filing Number:
06706009091
Filing Type: INITIAL
FILING
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Name Searched:
VISION INTERNATIONAL INC
Party Address:
Amount: $ 115
Creditor: DEPT OF
LABOR
Debtors: VISION
INTERNATIONAL INC
Entered: 9/25/2001
Number: B1260P179
Status: OPEN
Type: STATE TAX LIEN
---
Name Searched:
VISION INTERNATIONAL INC
Party Address:
Amount: $ 115
Creditor: DEPT OF
LABOR
Debtors: VISION
INTERNATIONAL INC
Entered: 12/24/2001
Number: B1280P107
Status: OPEN
Type: STATE TAX LIEN
---
Name Searched:
VISION INTERNATIONAL INC
Party Address:
Amount: $ 115
Creditor: IRS
Debtors: VISION
INTERNATIONAL INC
Entered: 12/24/2001
Number: B1280P107
Status: OPEN
Type: FEDERAL TAX
LIEN
---
Name Searched:
VISION INTERNATIONAL INC
Party Address:
Amount: $ 135
Creditor: DEPT OF
LABOR
Debtors: VISION
INTERNATIONAL INC
Entered: 3/26/2002
Number: B1310P93
Status: OPEN
Type: STATE TAX LIEN
---
Name Searched:
VISION INTERNATIONAL INC
Party Address:
Amount: $ 135
Creditor: DEPT OF
LABOR
Debtors: VISION
INTERNATIONAL INC
Entered: 7/12/2002
Number: B1357P73
Status: OPEN
Type: STATE TAX LIEN
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%)