MIRA
INFORM REPORT
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Report Date : |
21.09.2007 |
IDENTIFICATION DETAILS
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Name : |
SPB CREATIONS LLC |
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Registered Office : |
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Country : |
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Date of Incorporation : |
30/08/2001 |
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Legal Form : |
Limited Liability
Company |
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Line of Business : |
Manufactures
diamonds, precious and semi-precious gems, and beads. |
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 : |
Small Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: SPB
CREATIONS LLC
Address:
City:
State/Province:
Zip Code: 10036
Country: UNITED
STATES
Telephone: 212-719-5170
Facsimile: 212-391-0062
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form: Limited
Liability Company
Website: N/A
Business Activity: The Firm manufactures diamonds,
precious and semi-precious gems, and beads.
NOTE TO CLIENT
Contact Person: Ms.
Sudhe Badel, Bookkeeper
Ms. Badel confirmed
the legal name, sole address, and president of the Firm, but declined to
provide further information. We were informed that the president, Mr. Mookim,
is currently out of the country.
LEGAL
Legal Form: Limited Liability
Company
Since (D/M/Y): 30/08/2001
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal
Form: Corporation - Private
Company is NOT
required to publish an annual financial report.
The Subject is
registered in the state of
Current Entity Name:
SPB CREATIONS LLC
Initial DOS Filing
Date: AUGUST 30, 2001
County:
Jurisdiction:
Entity Type: DOMESTIC LIMITED LIABILITY
COMPANY
Current Entity
Status: ACTIVE
Selected Entity
Address Information DOS Process (Address to which DOS will mail process if
accepted on behalf of the entity)
C/O BLECHER MENDEL
& FEDELE
ATTN ALAN A MENDEL
1501 BROADWAY STE
1609-10
Managers/Key
Personnel
Mr. Mookim President
AFFILIATED ENTITIES
It appears that the
Firm may be affiliated with Spearin,
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
The name of the
primary bank could not be obtained at this time.
PAYMENT HISTORY
No payment were
found under the Subject's name.
FINANCIAL INFORMATION
Management declined to
provide financial information, and outside sources were unable to provide
insight into the financial condition of the Company.
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A written request
for additional information has been sent via facsimile. When we receive a
response this report will be amended appropriately.
CURRENT OPERATIONS
NAICS Code: 42194
Jewelry, Watch, Precious Stone and Precious Metal
SIC Code: 5094
Business Activity:
The Firm
manufactures diamonds, precious and semi-precious gems, and beads.
According to outside
sources, the Firm manufactures and refines diamonds, precious and semi-precious
gems, and beads. They perform special order cutting of new shapes & cuts. The Subject's product line also
includes: beads, clasps, loose diamonds, precious stones (loose or mounted),
and semi-precious stones (loose or mounted).
This is the sole
location for the Firm.
PUBLIC RECORD
No tax liens,
judgments or bankruptcy filings were found under the Subject's name.
GENERAL COMMENTS
No derogatory legal action
was filed against the Subject, nor were there any Uniform Commercial Codes that
were filed by the Subject. No payment records could be found.
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%)