MIRA INFORM REPORT
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Report Date : |
19.04.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
THE D&M CAPITAL GROUP LLC |
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Registered Office : |
45 Rockefeller Plz # 2602, New York, NY, 10111-0220 |
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Country : |
United States |
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Date of Incorporation : |
02.02.2006 |
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Legal Form : |
Limited Liability Company |
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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 |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment
Behaviour : |
Regular |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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United States |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
GEOPOLITICS - UNITED STATES
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Federal
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Currency: USD |
IDENTIFICATION
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Ordered as: |
D & M Capital Group |
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Address in the order: |
630 Fifth Avenue Suite 2602 Ny 1011 |
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Comments on data supplied: |
The company confirmed the address indicated below. |
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Legal Name: |
THE D&M CAPITAL GROUP LLC |
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Legal Address |
45 Rockefeller Plz # 2602 New York, NY 10111-0220, United States |
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Telephone: |
+ 1 (212) 688-3088 |
Document Number : |
3315346 |
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Fax: |
+ 1 (212) 688-3106 |
Legal Form: |
Limited Liability Company |
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Email: |
NA |
Registered in: |
New York |
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Website: |
NA |
Date Created: |
NA |
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Manager: |
Raphaela Colandrea, Secretary |
Date Incorporated: |
February 02, 2006 |
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Staff: |
6 employees |
Stock: |
NA |
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Value: |
NA |
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Activity: |
Wholesaler of jewelry |
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BANKS
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Name of the Bank |
BANK LEUMI |
BUSINESS
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HISTORY |
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The company was incorporated for business in 2006 |
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PRINCIPAL ACTIVITY |
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Wholesaler of jewelry. |
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Products/Services description: |
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The subject is offering jewelry, precious stones jewelry making tools
and supplies, imitation jewelry. |
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Sales are: |
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Wholesale |
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Clients: |
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Professionals of the industry |
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Suppliers: |
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The person contacted refused to provide the name of the suppliers for
us to check trade references |
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Operations area: |
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National, International |
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The subject employs 6 employee(s) |
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LOCATION |
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Headquarters |
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The company is headquartered at the address listed above. |
Shareholders - Manager - Related Companies
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Listed at the stock exchange: |
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NO |
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Shareholders Parent Company(ies): |
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We were unable to confirm the shareholders with the staff. |
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Management: |
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Raphaela Colandrea, Secretary. |
Financials - COMMERCIAL TRENDS AND FORECAST
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As a private company the subject does not publish any financial
statements. |
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We have contacted the operator of the company, who refused to provide
us any financial data without knowing the name of the inquiring party. |
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However our financial sources could provide us with the following
data. Those figures are estimates provided by confidential banking and
financial institutions working with the company. |
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Currency |
DATE |
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USD |
2009 |
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Turnover |
640,000 |
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Legal Fillings |
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There are 2 UCC** files listed with the
Secretary of State of New York. There are no legal filings listed with the
District Court. THE COMPANY IS NOT LISTED ON THE OFAC
LIST.* For information: * The Specially Designated Nationals (SDN)
List is a publication of OFAC which lists individuals and organizations with
whom United States citizens and permanent residents are prohibited from doing
business. ** The Uniform Commercial Code (UCC) is
one of a number of uniform acts that have been promulgated in conjunction with
efforts to harmonize the law of sales and other commercial transactions in
all 50 states within the United States of America. The UCC deals primarily with transactions
involving personal property (movable property), not real property (immovable
property). It allows a creditor to notify other
creditors about a debtor’s assets used as collateral for a secured
transaction by filing a public notice (financing statement) with a particular
filing office. The Uniform Commercial Code Bureau files
and maintains on financial obligations (including IRS liens) incurred by
individuals (in business as a sole proprietor), business entities and
corporations. |
Rating
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Local credit bureau gave a Correct credit
rate. The company is in Good Standing. This means
that all local and federal taxes were paid on due date. |
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Final Opinion |
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This is a small sized American which
employs 6 persons and has been incorporated for business since 2006. There were no legal filings found against
the company. Despite our long searches, we were unable to identify the main
shareholders. It has a small income for its size. We suggest monitoring for the company's
length of payment At this time, we believe that any credit
line should require guarantees. A review within 10 months is required Because of the company’s legal form,
limited liability company, no action could succeed against the owner’s
personal assets. |
SUMMARY
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Profitability |
MEDIUM |
Public Records |
NO |
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Indebtedness |
CONTROLLED |
Payments |
REGULAR |
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Cash |
MEDIUM |
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APPENDIX
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Position |
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Operator |
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Comments |
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The person contacted refused to provide us any information on grounds
of confidentiality. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.27 |
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UK Pound |
1 |
Rs.7208 |
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Euro |
1 |
Rs.63.66 |
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 |
Capability to overcome financial difficulties seems comparatively below
average. |
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 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.