MIRA
INFORM REPORT
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Report Date : |
22.05.2008 |
IDENTIFICATION
DETAILS
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Name : |
R.N. ENTERPRISES,
INC. |
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Registered Office : |
576 Fifth Avenue,
Suite 303, New York - 10036 |
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Country : |
United States |
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Date of Incorporation : |
14.09.2004 |
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Legal Form : |
Corporation –
Private |
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Line of Business : |
Wholesaler of
Jewelry. |
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/normal. |
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: R.N.
ENTERPRISES, INC.
Address: 576
FIFTH AVENUE, SUITE 303
City: NEW YORK
State/Province: NEW
YORK
Zip Code: 10036
Country: UNITED
STATES
Telephone: 212
398-9410
Facsimile: 212
369-4113
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees:
3
Legal Form: Corporation
- Private
Website: N/A
Business Activity: The Company is a wholesaler of jewelry.
NOTE TO CLIENT
Person Contacted:
Mr. Reggie Rajiv, President.
Management was
contacted. He offered general business information, but declined to reveal any
financial information or accept a written request. Most information in the
report was obtained from outside sources and is unconfirmed by management.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 14/09/2004
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
New York
Registration:
Current Entity Name:
R.N. ENTERPRISES INC.
Initial DOS Filing
Date: SEPTEMBER 14, 2004
County: SUFFOLK
Jurisdiction: NEW
YORK
Entity Type:
DOMESTIC BUSINESS CORPORATION
Current Entity
Status: ACTIVE
Selected Entity
Address Information DOS Process (Address to which DOS will mail process if
accepted on behalf of the entity)
R.N. ENTERPRISES
INC.
20 FLORIDA AVENUE
COMMACK, NEW YORK,
11725
Registered Agent
NONE
Managers/Key
Personnel
Mr. Reggie
Rajiv President
AFFILIATED ENTITIES
There are no known
subsidiaries or affiliated companies as far as can be determined.
BANKS
NY
Telephone:
Facsimile:
Account Number:
Account Manager:
The name of a
primary bank could not be obtained either directly from management or determined
by outside sources.
PAYMENT HISTORY
The firm does not
appear to be a seeker of local trade credit as a significant payment record
could not be developed.
FINANCIAL INFORMATION
Mr. Rajiv declined
to reveal any financial information. Outside sources consulted failed to add
any insight into the financial condition of the firm.
CURRENT OPERATIONS
NAICS Code: 42
Wholesale Trade
Number of
Employees: 3
Business Activity:
The Company is a
wholesaler of jewelry.
The Company's
products are distributed throughout the United States and abroad.
The above address is
the headquarters of the company. There is another location on 20 Florida Avenue
in Commack, N.Y.
TRADE REFERENCES
Supplier references
could not be obtained.
PUBLIC RECORD
A search of public
in the State of New York revealed no Uniform Commercial Codes, legal actions,
or bankruptcy petitions.
GENERAL COMMENTS
R.N. Enterprises,
Inc., incorporated in 2004, is engaged as wholesalers of jewelry. A significant
payment record could not be developed on the subject. However, no derogatory information was found. Should management
provide any further details, the report will be amended.
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/normal. |
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%)