MIRA
INFORM REPORT
|
Report Date : |
01.12.2008 |
IDENTIFICATION
DETAILS
|
Name : |
BIJOUX TERNER LLC |
|
|
|
|
Registered Office : |
1209 Orange Street, Wilmington, DE 19801 |
|
|
|
|
Country : |
United States |
|
|
|
|
Date of Incorporation : |
22.02.2006 |
|
|
|
|
Com. Reg. No.: |
Delaware 4113736 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Importer, Wholesaler, Retailer of Jewelry, Watches, Ties, and related
products. |
RATING &
COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
USD 1,500,000 |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
Company
Name
BIJOUX TERNER LLC
Company acronym:
--
Contact Information
|
Address |
6950 Northwest 77th Court Miami, FL 33166 USA |
|
Telephone |
305-500-7500 |
|
Fax |
305-262-9286 |
|
Website |
www.bijouxterner.com |
Registration Data
|
Date of Registration |
02-22-2006 |
|
Registration number |
Delaware 4113736 |
|
Legal address |
The Corporation Trust Company 1209 Orange Street, Wilmington, DE 19801 - USA |
|
Legal Form |
LLC |
Shareholders
with Shares
|
Shareholder Names |
Share% |
|
BIJOUX HOLDINGS LLC 75 14th Street, 24th floor,
Atlanta, GA 30309 Incorporated in Delaware on 02-21-2006 under ID#
4112122 |
100 |
Board/Executive
|
Name |
Salomon TERNER |
|
Position within the company |
Manager |
Changes in
Registration Data
None recorded
Activities
(realistic and officials)
Importer, wholesaler, retailer of jewelry, watches, ties, and related
products.
Bijoux Terner, LLC operates one-price point concept boutiques in the
travel retail industry.
Its boutiques specialize in men and women's fashion accessories, ethnic
exotics, and autumn and argent noir products. The company serves the travelers,
airports, train stations, cruise ships, resort hotels, and casino resorts.
Bijoux Terner, LLC was founded in 1974 and is based in Miami, Florida.
Staff
|
Number of staff
employed |
200+ |
Export/Import
(Countries, goods and total values for the period)
|
Imports From |
Europe, Far East |
|
Exports To |
- |
Facilities
|
Rented |
Warehouse and office |
|
Premises Size |
2,000 sq. feet |
Subsidiaries
and Participation
|
Parent Company |
BIJOUX HOLDINGS LLC |
|
Subsidiaries |
- |
|
Affiliates |
- |
Branches
|
Address |
The group include several corporations in the U.S. and Puerto Rico,
and maintains more than 100 stores worldwide. |
Bankers
|
Bank |
Citibank |
Suppliers,
Partners
|
Suppliers |
Not known |
|
Partners |
Not known |
Litigation,
Remarks on Payment
|
Litigation |
None Recorded |
|
Remarks on Payment |
No Complaints |
Financial
Information
|
Source |
Bank |
|
Figures are |
Declared (for BIJOUX TERNER LLC) |
|
Currency |
USD |
|
Months |
Sales Figures |
Sales |
|
12 |
31/12/2007 |
62,000,000= |
Reporter Comments
|
Comments |
The group maintains a
regular business. |
|
Local Reputation |
The company being investigated is believed by local reporters to be a Low Trade Risk . According to our credit analysts, during the last 6 months, 92% of trade
experience indicates a regular payment. Payments of imports are currently made with an average of 5 days
beyond terms. |
|
MAX CREDIT |
USD 1,500,000= |
|
CREDIT REQUIRED |
MAXIMUM CREDIT |
|
Maximum |
USD 1,500,000= |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.09 |
|
UK Pound |
1 |
Rs.76.68 |
|
Euro |
1 |
Rs.63.48 |
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%)