MIRA INFORM REPORT

 

 

Report Date :           

19.08.2011

 

IDENTIFICATION DETAILS

 

Name :

MONSOON FASHION

 

 

Registered Office :

70 First St Station, Rehoboth Beach, DE 19971

 

 

Country :

United States 

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Private Independent Company

 

 

Line of Business :

retail sale of clothing, furnishings, and accessories for men, women, and children, without specializing in sales for an individual sex or age group

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Small Company 

 

 

Payment Behaviour :

No Complaints

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

United States 

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name & address   Bottom of Form

 

 

Monsoon Fashion

 

70 First St Station

Rehoboth Beach, DE 19971

United States

Tel:       302-226-2112

 

 

Synthesis  

 

Employees:                  3

Company Type:            Private Independent

Financials in:                 USD (Millions)

Reporting Currency:       US Dollar

Annual Sales:               0.6

Total Assets:                NA

 

 

Business Description     

 

Establishments primarily engaged in the retail sale of clothing, furnishings, and accessories for men, women, and children, without specializing in sales for an individual sex or age group.

 

Industry

Industry            Retail (Apparel)

ANZSIC 2006:    4251 - Clothing Retailing

NACE 2002:      5242 - Retail sale of clothing

NAICS 2002:     448140 - Family Clothing Stores

UK SIC 2003:    5242 - Retail sale of clothing

US SIC 1987:    5651 - Family Clothing Stores

 

           

Key Executives   

 

Name                           Title    

Dawood Ahmad             Owner  

 

 

1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1

2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1

Corporate Overview

 

Location

70 First St Station

Rehoboth Beach, DE, 19971

Sussex County

United States

Tel:       302-226-2112

           

Sales USD(mil):             0.6

Assets USD(mil):           NA

Employees:                   3

Industry:                        Retail (Apparel)

Company Type:             Private Independent

Quoted Status:              Not Quoted

Owner:                          Dawood Ahmad

 

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Additional Information

 

Industry Codes

 

ANZSIC 2006 Codes:

4251     -          Clothing Retailing

 

NACE 2002 Codes:

5242     -          Retail sale of clothing

 

NAICS 2002 Codes:

448140  -          Family Clothing Stores

 

US SIC 1987:

5651     -          Family Clothing Stores

 

UK SIC 2003:

5242     -          Retail sale of clothing

 

Business Description

Establishments primarily engaged in the retail sale of clothing, furnishings, and accessories for men, women, and children, without specializing in sales for an individual sex or age group.

 

 

Financial Data

Financials in:

USD(mil)

 

Revenue:

0.6

1 Year Growth

NA

 

 

 

Additional Information

ABI Number:

403509494

 

 

 

 

Credit Report as of 01/01/2011

 

Location

70 First St Station
Rehoboth Beach, DE 19971
United States

 

County:

Sussex

 

Phone:

302-226-2112

 

ABI©:

403509494

 

Annual Sales:

$558,000 (USD)

Employees:

3

 

Facility Size(ft2):

10,000 - 39,999

 

Business Type:

Private

Location Type:

Single Location

 

RECOMMENDED CREDIT LIMIT *

   N/A

 

Primary Line of Business:

SIC:

5651-01 - Clothing-Retail

NAICS:

448140 - Family Clothing Stores

 

 

 

 

Secondary Lines of Business:

 

 

Table of Contents

·          Profile Links

·         Similar Businesses in the Area

 

External Links

·         Similar Businesses in the Area *

 

 

Blooming Boutique Inc

70 Rehoboth Ave Ste: 104

Rehoboth Beach, DE 19971-2127           

 

T-Shirt Locker

15 Rehoboth Ave Ste: A

Rehoboth Beach, DE 19971-2119           

 

White House/Black Market

70 Rehoboth Ave Ste: 115

Rehoboth Beach, DE 19971-2171

 

American Eagle Outfitters

36445 Seaside Outlet Dr Ste: 1850

Rehoboth Beach, DE 19971-1229           

 

Coldwater Creek

36725 Bayside Outlet Dr Ste: 720

Rehoboth Beach, DE 19971-4207           

 

Tidal Rave's Five & Dime

11 S Boardwalk

Dewey Beach, DE 19971-2941

 

Electric Banana

20644 Coastal Hwy

Rehoboth Beach, DE 19971-8031           

 

Banana Republic

36445 Seaside Outlet Dr Ste: 1800

Rehoboth Beach, DE 19971-1223           

 

IZOD

36445 Seaside Outlet Dr Ste: 1820

Rehoboth Beach, DE 19971-1223

 

De Sol

70 Rehoboth Ave Ste: 102

Rehoboth Beach, DE 19971-2127

 

   * Similar Businesses are defined as the closest businesses sharing the same six-digit primary SIC code ( 5651-01 - Clothing-Retail) regardless of size.

 

 

 

Executive report

 

Executives

 

Name

Title

Function

 

Dawood Ahmad

 

Owner

Chief Executive Officer

 


FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.61

UK Pound

1

Rs.75.32

Euro

1

Rs.65.68

 

 

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

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

----

NB

New Business

----

 

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.