MIRA INFORM REPORT

 

 

Report Date :

06.06.2008

 

IDENTIFICATION DETAILS

 

Name :

HABITAT DISEÑOS CREATIVOS INC.

 

 

Registered Office :

525 Ave. Fd. Roosevelt, Hato Rey, San Juan

 

 

Country :

Republic of Puerto Rico.

 

 

Date of Incorporation :

2004

 

 

Com. Reg. No.:

144131

 

 

Legal Form :

Corporation

 

 

Line of Business :

Wholesaler and Retailer of  Accessories and Items for Decoration

 

 

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

 

 

 

 

 

 

 

Registered Name

 

HABITAT DISEÑOS CREATIVOS INC.

 

 

Summary      

 

INCORPORATED IN 2004. BEGINNER OF ACTIVITIES. UNDER NO CIRCUMSTANCES, FINANCIAL INFORMATION OR GENERAL DATA IS SUPPLIED TO THIRD PARTIES. FOR CREDIT TREATMENT, OPERATE OVER VERY FIRM BASES.

 

 

Operations       

 

ACCESSORIES AND ITEMS FOR DECORATION
WHOLESALE
RETAIL

 

 

Legal Structure   

 

Business type:      Corporation
Incorporated:       2004
Registered:         144131
Duration:           Unlimited
End of fiscal year: December 31st

 

 

Contact

 

525 Ave. Fd.Roosevelt, Hato Rey, San Juan, Republic of Puerto Rico.

Phone: (1787) 767-4500

 

 

Partners     

 

General Manager:        VELEZ SILVIA

She is in charge of the social signature use.

 

 

 

History   

 

Fits to highlight that contact has been taken with Miss Jossy (Management Assistant), from who was required the delivery of information.

As an answer, she refused categorically to supply the required data since this information is confidential.

Therefore, information exposed in this report was obtained from indirect sources. The company is beginner of activities and operates in the previously exposed address.

It isn’t known if it is member of any economic group or of its directors perform other activities.

 

 

Economic-Financial Position   

 

Due to the mentioned reluctant attitude, it has not been possible to obtain figures or copy of the Balance Sheet in order to determine its current economic-financial situation.

Therefore it has been necessary to consult other sources. And even in this way, no information about this company was registered, although it is known that the subject is a company of relative importance on its sector.

 

 

Assets     

 

It has not been possible to determine if the company owns properties and/or vehicles.

 

 

Evolution and Results       

 

It is engaged in the wholesale and retail of household goods, such as carpets, curtains, glassware, lights, etc.

It operates in the previously exposed address, where it has a medium-sized premises which is well located, installed and stocked with brand products.

Its activities are led by its directors, who work together with 5 employees.

It isn't known its incursion in the foreign market.

 

 

 Concept 

 

We have not been provided with the Company’s suppliers list needed to obtain information about its payment method.

Anyway, fits to highlight that in database it doesn't register information that could affect its concept.

* FULFILLMENT: NOT DETERMINED

 

 

 Final Opinion   

 

Bearing in mind what has been exposed hereby, for credit treatment with this company we suggest operating over very firm bases in order to avoid unforeseen eventualities.

 

FOR CREDIT TREATMENT, OPERATE OVER VERY FIRM BASES

 

 

 

 

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