MIRA
INFORM REPORT
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Report Date : |
19.09.2007 |
IDENTIFICATION DETAILS
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Name : |
TACHE USA INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
24/03/1961 |
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Legal Form : |
Corporation –
Private |
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Line of Business : |
Engaged in many
facets of the diamond jewelry industry. |
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 : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: TACHE
USA INC.
Trade Name(s): Tache
Diamonds
Address:
City:
State/Province:
Zip Code: 11101
Country: UNITED
STATES
Telephone: 718
706-8814
Facsimile: 718
392-0774
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form: Corporation
- Private
Website: www.tachediamonds.com
Business Activity: The Subject is engaged in many facets
of the diamond jewelry industry.
NOTE TO CLIENT
Person contacted:
Ms. Karen Kirschner, Accounting Manager
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Management declined
to provide the number of employees at the Company.
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Management was able
to confirm the legal name, headquarters address, the parent company, business
activity, affiliations, fax number, and officers.
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LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 24/03/1961
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
The Company is
registered in the State of
Current Entity
Name: TACHE USA INC.
Initial DOS Filing
Date: MARCH 24, 1961
County:
Jurisdiction:
Entity Type: DOMESTIC BUSINESS CORPORATION
Current Entity
Status: ACTIVE
Selected Entity
Address Information DOS Process
ALLAN H. CARLIN ESQ.
Registered
Agent NONE
Managers/Key
Personnel
MR. VICTOR
WEINMAN President & CEO
MR. WILLIAM
LAWRENCE Chief Financial Officer
AFFILIATED ENTITIES
Tache USA Inc. is a
subsidiary of the Parent Company, Tache.
Affiliated companies:
Tache Asia
Tache & CIE Gmbh
Tache & Company Italia SRL
Tache
There are no
subsidiaries of the Subject at this time.
Parent Companies
Parent Company: TACHE
Hoveniersstraat, 53
Antwerpen 2018
BANKS
NY
Telephone:
Facsimile:
Account Number:
Account Manager:
The name of the
primary bank could not be learned directly from Management. However, ABN AMRO
BANK N.V. was reported as a secured party for Company transactions.
PAYMENT HISTORY
A significant
payment history for the Company could not be developed. Management declined to
provide trade references.
FINANCIAL INFORMATION
Management declined
to provide financial details, and outside source were unable to provide any
insight into the financial status of the Company.
CURRENT OPERATIONS
NAICS Code: 42194
Jewelry, Watch, Precious Stone and Precious Metal
SIC Code: 5094
Business Activity:
The Subject is
engaged in many facets of the diamond jewelry industry.
The Subject is
engaged in the production of diamonds and related jewelry.
The above address is
the sole location for the Company.
PUBLIC RECORD
FILING INFORMATION
Filing Number: 503140400764
Filing Date: 03/14/2005
Expiration
Date: 05/16/2006
Filing Type: AMENDMENT
Filing Date of
Related Filing: 05/16/2001
Filing Office: SECRETARY OF STATE/UCC DIVISION
DEBTOR INFORMATION
Debtor(s): DESIGNWORKS JEWELRY GROUP LTD.
ODI, INC.
ORIGINAL DESIGNS
INC.
TACHE' USA INC.
SECURED PARTY OR
CREDITOR INFORMATION
Secured
Party(s): ABN AMRO BANK N.V., AS AGENT
565
ABN AMRO BANK N.V.,
AS AGENT
680
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FILING INFORMATION
Filing Number: 503140400803
Filing Date: 03/14/2005
Expiration
Date: 12/09/2006
Filing Type: AMENDMENT
Filing Date of
Related Filing: 12/09/1996
Filing Office: SECRETARY OF STATE/UCC DIVISION
DEBTOR INFORMATION
Debtor(s): DESIGNWORKS JEWELRY GROUP LTD.
ODI, INC.
ORIGINAL DESIGNS
INC.
ORIGINAL
DESIGNS/FAMOR, INC.
TACHE' USA INC.
SECURED PARTY OR
CREDITOR INFORMATION
Secured
Party(s): ABN AMRO BANK N.V., AS AGENT
ABN AMRO BANK N.V.,
AS AGENT
565
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FILING INFORMATION
Filing Number: 602165162616
Filing Date: 02/16/2006
Expiration
Date: 05/16/2011
Filing Type: CONTINUATION
Filing Date of
Related Filing: 05/16/2001
Filing Office: SECRETARY OF STATE/UCC DIVISION
DEBTOR INFORMATION
Debtor(s): DESIGNWORKS JEWELRY GROUP LTD.
ODI, INC.
ORIGINAL DESIGNS
INC.
TACHE' USA INC.
SECURED PARTY OR
CREDITOR INFORMATION
Secured
Party(s): ABN AMRO BANK N.V., AS AGENT
565
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FILING INFORMATION
Filing Number: 503140400928
Filing Date: 03/14/2005
Expiration
Date: 03/14/2005
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
DEBTOR INFORMATION
Debtor(s): TACHE' USA INC.
SECURED PARTY OR
CREDITOR INFORMATION
Secured
Party(s): ABN AMRO BANK N.V., AS AGENT
565
COLLATERAL
INFORMATION
Collateral
Type: ALL INVENTORY INCLUDING PROCEEDS
AND PRODUCTS
Collateral
Type: ALL EQUIPMENT INCLUDING PROCEEDS
AND PRODUCTS
Collateral
Type: ALL CONTRACT RIGHTS INCLUDING
PROCEEDS AND PRODUCTS
Collateral
Type: ALL ACCOUNT(S) INCLUDING PROCEEDS
AND PRODUCTS
Collateral
Type: ALL GENERAL INTANGIBLE(S)
INCLUDING PROCEEDS AND PRODUCTS
Collateral
Type: ALL CHATTEL PAPER INCLUDING
PROCEEDS AND PRODUCTS
Collateral
Type: ALL NEGOTIABLE INSTRUMENTS
INCLUDING PROCEEDS AND PRODUCTS
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We found no public
record filings of bankruptcy, tax liens, or judgements in the Subject's name.
GENERAL COMMENTS
The Subject was
incorporated in 1961. A significant payment history of the Company could not be
developed. No derogatory information was reported or noted.
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%)