MIRA INFORM REPORT

 

 

Report Date :

20.09.2007

 

IDENTIFICATION DETAILS

 

Name :

C& A COLLECTIONS INC.

 

 

Registered Office :

50 Day Street Building # 4, 43rd Floor, Jersey City, New Jersey - 07306                       

 

 

Country :

United States               

 

 

Date of Incorporation :

01/05/2006

 

 

Legal Form :

Corporation - Private

 

 

Line of Business :

Textile Mills

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NR

 

RATING

STATUS

PROPOSED CREDIT LINE

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

Status :

Undetermined

 


IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name:            C& A COLLECTIONS INC.

Address:                       50 DAY STREET BUILDING #4

                                    43RD FLOOR

City:                             JERSEY CITY

State/Province:              NEW JERSEY                          

Zip Code:                      07306                       

Country:                                    UNITED STATES               

Telephone:                    N/A                         

Facsimile:                     201-792-9699

As of:

Sales / Revenue:

Net Income:

Total Equity:

Legal Form:                   Corporation - Private

Website:                       No Website

Business Activity:

 

 

NOTE TO CLIENT

 

ORDERED NAME: C AND A COLLECTION

LEGAL NAME:   C& A COLLECTIONS INC.

 

Please note that the provided address is incorrect. The legal address for the Company is 50 Day Street Building 4 Jersey City, NJ 07306.

 

We were unable to learn enough information about the Company. Please see below for more information.

 

 

IMPERATIVES

 

We found a registration for the Company with the Secretary of State of California. Please see Legal Section.

 

The telephone number provided was a fax number. There were no neighboring businesses in the general vicinity that we were able to contact to help identify the Subject. We also completed a thorough search of telephone directories and were unable to find a correct telephone number for the Subject.

 

Please note that we did send a written request to the Company's attention via facsimile with the number provided. An update will be provided accordingly should we receive a response at a later time.

 

A comprehensive Internet search revealed very little information regarding the Subject.

 

No payment record was found under the name C& A COLLECTIONS INC.

 

There were no legal filings found against the Company.

 

A search of bankruptcy courts revealed no record of the Subject filing for bankruptcy.

 

We have reached an impasse.

 

 

LEGAL

 

Legal Form:                               Corporation - Private               

Since (D/M/Y):                           01/05/2006

State/Province of Incorporation:   NJ

Status:                                                  ACTIVE

Previous Legal Form:                  Unknown

 

Company is NOT required to publish an annual financial report.

 

The Subject is incorporated in the state of New Jersey under the following registration:

 

Name: C& A COLLECTIONS INC.

Business ID #: 0100962419

Type: Domestic Profit Corporation

Status: Active

Filing Date: 5/1/2006

Jurisdiction: NJ

Incorporator:

Muhammad Batalvi

50 Day Street Bldg. 4

Jersey City, NJ 07306

 

 

Managers/Key Personnel

 

Ms. Shakeela Batalvi                   Director

 

 

CURRENT OPERATIONS

 

NAICS Code:   313       Textile Mills

 

 


 

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