MIRA
INFORM REPORT
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Report Date : |
12.09.2007 |
IDENTIFICATION DETAILS
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Name : |
B.H. MULTI COM
CORP. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
22/08/1979 |
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Legal Form : |
Corporation –
Private |
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Line of Business : |
Engaged as a
supplier of precious gems and jewelry. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: B.H.
MULTI COM CORP.
Address:
City:
State/Province:
Zip Code: 10036
Country: UNITED
STATES
Telephone: 212
944-0020
Facsimile: 212
921-7796
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form: Corporation
- Private
Website: www.bhmulti.com
Business Activity: B.H. MULTI COM CORP. is engaged as a
supplier of precious gems and jewelry.
NOTE TO CLIENT
Vice President, Mr.
Hertsel Akavan declined to provide information for this report during a
telephone interview. A written request for additional information has been
faxed to the subject company. If a response is received this report will be
updated immediately.
NOTE: An employee count could not be obtained at
the time of this report.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 22/08/1979
State/Province of
Incorporation:
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
Entity Name: B.H.
MULTI COM CORP.
Initial Filing
Date: AUGUST
22, 1979
County:
Jurisdiction:
Entity Type: DOMESTIC
BUSINESS CORPORATION
Current Entity
Status: ACTIVE
Selected
Entity: B.H. MULTI COM CORP.
Registered
Agent: NONE
Managers/Key
Personnel
Mr. Effy
Hematian President
Mr. Hertsel
Akavan Vice
President
AFFILIATED ENTITIES
At this time, it
could not be determined whether the Subject has any affiliates or subsidiary
firms.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
A bank reference was
declined by management.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE
CUR 1- 31- 61-
CATEGORY
REPTD
---------- ----- ----- ------- -------- --------
--- --- --- --- --- --------
AIR TRANS
07-07 00-00 0000000 13400
6000 100 0 0
0 0 CUST 18 YR
CHEMICALS
07-08 00-00 NET 30 200 0
0 0 0
0 0
FACTOR
07-07 00-00 VARIED 14500 11700
100 0 0 0 0
PACKAGING
07-08 06-11 NET 30 400 0
0 0 0
0 0 CUST
3 YR
PAPER PROD 07-08 00-00 NET 30 0
0 0 0
0 0 0
TELECOM
07-08 00-00 NET 30 100 100
100 0 0 0 0
AIR TRANS
06-11 00-00 NET 30 100 100
100 0 0 0
0 CUST 1 YR
BUS SERVCS 05-03 05-03 NET 30 0
0 0 0
0 0 0
COMPUTERS
05-11 05-10 UNK 15000 5700
0 81 19
0 0
MANUFCTRNG 06-10 00-00 CHECK 0
0 0 0
0 0 0
TELECOM
05-02 00-00 NET 30 100 100
100 0 0 0 0
CURRENT QUARTER 28600 17800
100 0 0 0 0
Payment Trends
INDUSTRY BUSINESS BALANCE
CUR 1- 31- 61-
DATE
CUR DBT DBT $ %
30 60 90 91+
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--- --- --- -------- --- --- --- --- ---
20070800
0 13 1 18400 96
4 0 0 0
20070700
0 13 7 14100 58
40 2 0 0
20070600
0 14 2
9200 85 15 0 0 0
20070500
0 12 1 4400 94
6 0 0 0
20070400
0 12 1 4400 94
6 0 0 0
20070300
0 12 2 6100 96
0 4 0 0
Payment History - Quarterly Averages
BALANCE CUR 1- 31- 61-
QUARTER
YEAR DBT $ %
30 60 90 91+
-------- ------ --- -------- --- --- --- --- ---
Second
2007 4 9200 73
26 1 0 0
First
2007 1 5500 96
3 1 0 0
Fourth
2006 1 5600 96
3 1 0 0
Third
2006 2 9700 84
16 0 0 0
Second
2006 3 15600 81
19 0 0 0
FINANCIAL INFORMATION
No financial figures
regarding the subject company could be obtained directly from management or
from outside sources at the time of this report.
CURRENT OPERATIONS
NAICS Code: 42194
Jewelry, Watch, Precious Stone and Precious Metal
SIC Code: 5094
Business Activity:
B.H. MULTI COM CORP.
is engaged as a supplier of precious gems and jewelry.
The heading address
is the Company headquarters and serves as an administrative office and storage
facility. At this time, it could not be
determined whether the Company conducts business at any additional locations.
PUBLIC RECORD
A search of public
failed to reveal any Uniform Commercial Codes, tax liens, legal actions, or
bankruptcy petitions at this time.
GENERAL COMMENTS
B.H. Multi Com
Corp., incorporated in 1979 in the state of
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%)