MIRA INFORM REPORT

Report Date :

09.04.2008

IDENTIFICATION DETAILS

Name :	PLANET SAFFRON INC
Registered Office :	37 W 20th St New York, NY 10011-3706
Country :	United States
Date of Incorporation :	01/2005
Com. Reg. No.:	703127780
Legal Form :	Private Limited Company
Line of Business :	Traders

RATING & COMMENTS

MIRA’s Rating :

Ba

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Status :	Satisfactory
Payment Behaviour :	No Complaints
Litigation :	Clear

Company Information

PLANET SAFFRON INC
37 W 20TH ST
NEW YORK, NY 10011-3706
(212) 627-5006

Business Identification Number:

703127780

File Established:

01/2005

Matching Name and Address

This business is linked to the one displayed above. The report shows the best view of the business.

PLANET SAFFRON INC
595 MADISON AVE RM 900
NEW YORK, NY 10022-1999

Executive Summary

  Intelliscore for PLANET SAFFRON INC

65.19

0-32.47

32.48-58.63

58.64-70.19

70.2-77.71

77.72-100

0

100

High risk

Low risk

MEDIUM RISK
52% of businesses indicate a higher risk of becoming seriously delinquent than this business

Key score factors:

	RATIO OF COMBINED TRADES TO TOTAL TRADES
	BALANCES ON DEROGATORY PUBLIC RECORD ACCOUNTS
	LOW, IF ANY, BALANCE ON DELINQUENT ACCOUNTS
	FEW, IF ANY, COLLECTION ACCOUNTS

Research Tips
	Additional information may be available on this business. Other recommended searches: Order Public Record

Legal Filings and Collections

Bankruptcy filings:

0

Tax lien filings: details (FILED 12/06)

1

Judgment filings:

0

Total collections:

0

Sum of legal filings:

$14,099

UCC filings:

0

Cautionary UCC filings present?

No

Trade Information

Monthly average DBT:

0

Highest DBT previous 6 months:

4

Highest DBT previous 5 quarters:

4

Total continuous trades:

1

Current continuous trade balance:

$3,600

Trade balance of all trades (1):

$3,600

Average balance previous 5 quarters:

$8,460

Highest credit amount extended: details

$34,100

6 month balance range:

$0 - $0

Legal Filings and Collections

Tax Liens
File Date	Filing Type	Status	Amount	Filing Number	Jurisdiction
05/09/2007	State Tax Lien	Released	$14,099	002210027	NEW YORK COUNTY REG
12/19/2006	State Tax Lien	Filed	$14,099	2210027	NEW YORK COUNTY REG

Trade Payment Information

Trade Payment Experiences (Trade Lines With an (*) after date are newly reported)						Account Status Days Beyond Terms
Business Category	Date Reported	Last Sale	Payment Terms	Recent High Credit	Balance	Cur	1-30	31-60	61-90	91+	Comments
+AIR TRANS	02/2008	02/2008		$34,100	$3,600	72%	28%				CUST 4 YR

Trade Payment Totals

Trade Payment Experiences				Account Status Days Beyond Terms
Type	Lines Reported	Recent High Credit	Balance	Cur	1-30	31-60	61-90	91+	Comments
Continuously Reported	1	$34,100	$3,600	72%	28%				DBT: 4
Newly Reported	0								DBT:
Trade Lines Totals	1	$34,100	$3,600	72%	28%				DBT: 4

Quarterly Payment Trends

Payment History - Quarterly Averages				Account Status Days Beyond Terms
Quarter	Months	DBT	Balance	Cur	1-30	31-60	61-90	91+
Q1 - 08	JAN-MAR	2	$5,400	88%	12%
Q4 - 07	OCT-DEC	1	$14,300	93%	7%
Q3 - 07	JUL-SEP	1	$8,600	91%	9%
Q2 - 07	APR-JUN	3	$8,000	80%	20%
Q1 - 07	JAN-MAR	4	$6,000	73%	27%

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