MIRA
INFORM REPORT
|
Report Date : |
24.10.2007 |
IDENTIFICATION DETAILS
|
Name : |
|
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
22.06.2006 |
|
|
|
|
Legal Form : |
Private Limited |
|
|
|
|
Line of Business : |
Wholesaler of Jewelry |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Status : |
New Company |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
IDENTIFICATION
& EXECUTIVE SUMMARY
Company Name :
Address :
City :
State/Province :
Zip Code :
MSCIRG
Country :
Telephone : 416
862-0880
Facsimile :
416 862-0881
Legal Form :
Provincially Chartered Corporation - Private
Website : No
website
Business Activity : The
Subject is engaged as a wholesaler of jewelry..
As of :
--
Sales / Revenue : --
Net Income : --
Total Equity : --
Number of Employees : --
NOTE TO CLIENT
PERSON CONTACTED:
Mr. Al Pinto, President
The name provided is incorrect the correct legal name of the Subject is Al
Pinto Sales And Services Ltd. for which a report follows.
Mr. Pinto confirmed the information in this report.
Note: Mr. Pinto stated that the Subject has no employees.
LEGAL
Legal Form: Provincially
Chartered Corporation - PrivateSince (D/M/Y):22/06/2007
State/Province of Incorporation:
Status: ACTIVE
Previous Legal Form: --
Company is NOT required to publish an annual financial report.
The Subject is provincially chartered in
Legal Name Al Pinto Sales And Services
LTD.
File Number 001702108
Date of Incorporation 6/22/2006
Status Active
Jurisdiction
Managers/Key
Personnel
Mr. Al Pinto
President
AFFILIATED ENTITIES
ATJL Sales & Service LTD
There are no subsidiaries.
BANKS
Bank of
Ste. Maries NS
Telephone: 418 691-2600
Facsimile: 418 522-7809
Account Number:
Account Manager: The above bank
requires signed authorization which we were unable to obtain.
PAYMENT HISTORY
Due to the lack of longevity no significant payment record could be
obtained under the Subject's name.
FINANCIAL
INFORMATION
Management declined to provide financial statements and outside sources
provided no insight into the financial condition of the Subject.
CURRENT OPERATIONS
NAICS Code: 42194 Jewelry, Watch, Precious Stone and
Precious Metal
SIC Code: 5094
Number of Employees
--
Business Activity
The Subject is engaged as a wholesaler of jewelry..
The above address is the sole location for the Subject.
TRADE REFERENCES
Mr. Pinto declined to provide the names of suppliers.
PUBLIC RECORD
A Nationwide of search of public revealed no, tax liens or legal actions
filed against the Firm.. A search of the 9 jurisdictional bankruptcy courts of
GENERAL COMMENTS
Al Pinto Sales And Services Ltd. is a new company incorporated in 2006.
The Subject is engaged as a wholesaler of jewelry. No payment record could be
obtained. no derogatory information has been reported or noted. A search of the
9 jurisdictional bankruptcy courts of
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%)