MIRA
INFORM REPORT
|
Report Date : |
01.12.2008 |
IDENTIFICATION
DETAILS
|
Name : |
PAUL WINSTON – EUROSTAR
LLC |
|
|
|
|
Registered Office : |
151 West 46th Street, 11th floor, New York,
NY10036 |
|
|
|
|
Country : |
United States |
|
|
|
|
Date of Incorporation : |
16.08.2002 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Importer and Wholesaler Diamonds and Jewelry. |
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 |
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|
|
|
Litigation : |
Clear |
Company
Name
PAUL
WINSTON – EUROSTAR LLC
Company acronym:
--
Contact Information
|
Address |
151 West 46th Street, 11th floor New York, NY10036 USA |
|
Telephone |
212-381-2160 |
Registration Data
|
Date of Registration |
08-16-2002 |
|
Registration number |
New York State does not issue organizational ID number |
|
Legal address |
151 West 46th Street, 11th floor New York, NY10036 USA |
|
Legal Form |
LLC |
Shareholders
with Shares
|
Shareholder Names |
Share% |
|
- Paul Winston Group - Dimexon-Eurostar |
n/a |
Board/Executive
|
Name |
Issac GAD |
|
Position within the company |
CEO |
Changes in
Registration Data
None recorded
Activities (realistic
and officials)
Importer and wholesaler diamonds and jewelry.
Staff
|
Number of staff employed |
26 (for the group) |
Export/Import
(Countries, goods and total values for the period)
|
Imports From |
Far East |
|
Exports To |
- |
Facilities
|
Rented |
Office |
|
Premises Size |
1,000 sq. feet |
Subsidiaries
and Participation
|
Parent Company |
- Paul Winston Group - Dimexon-Eurostar |
|
Subsidiaries |
- |
|
Affiliates |
The group is composed of: PAUL WINSTON-EUROSTAR LLC PAUL WINSTON WINE JEWELRY GROUP, LTD PAUL WINSTON GROUP LLC PW JEWELS |
Bankers
|
Bank |
JP Morgan Chase Bank |
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 |
Estimate |
|
Currency |
USD |
|
Months |
Sales Figures |
Sales |
|
12 |
31/12/2007 |
3,500,000 |
Reporter Comments
|
Comments |
No information could be obtained from the
Company. |
|
Local Reputation |
The company being investigated is believed by local reporters to be a Low Trade Risk and to be fair. According to our credit analysts, during the last 6 months, 94% of trade
experience indicates a regular payment. Payments of imports are currently made with an average of 2 days
beyond terms. |
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%)