MIRA INFORM REPORT

 

 

Report Date :

06.01.2011

 

IDENTIFICATION DETAILS

 

Name :

VENTURES OF NEW JERSEY

 

 

Registered Office :

550, Mountain Ave, Gillette

 

 

Country :

United States 

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Undetermined

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

---

 

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 – June 30, 2010

 

Country Name

Previous Rating

                   (01.04.2010)                  

Current Rating

(30.06.2010)

United States 

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

GEOPOLITICS - UNITED STATES

 

POLITICAL DATA

ECONOMIC DATA

Form of Government: Federal


Economic Risk: Nil

Currency: USD

Branch Situation:Stable

 

 

IDENTIFICATION

 

Ordered as:

Ventures of New Jersey

Address in the order:

550, Mountain Ave, Gillette

 

 

Legal Name:

Ventures of New Jersey

 

 

Legal Address

550, Mountain Ave, Gillette - USA

 

 

Telephone:

(908) 903-9090

ID :

0100501690

Fax:

(908) 903-9090

Legal Form:

Corporation for Profit

Email:

NA

Registered in:

New Jersey

Website:

NA

Date Created:

NA

Manager:

NA

Date Incorporated:

NA

Staff:

NA

Stock:

NA

 

 

Value:

NA

Activity:

NA

 

 

BUSINESS

 

PRINCIPAL ACTIVITY

 

Dear client

 

Your order was on:

 

Ventures of New Jersey

550, Mountain Ave, Gillette, USA

 

The company is incorporated in the Secretary of State of New Jersey.

It was registered under the number 0100501690. It appears as active.

 

There is no other listing of "Ventures of New Jersey" as being an active business.

 

No listing with the yellow pages.

 

No listing with major credit bureaus.

 

A search on the address returned this name: "V Spice Inc." and a phone number: (908) 903-9090. That company is also incorporated in the Secretary of State of New Jersey. We called the company and the operator told us that we had reached "Ventures of New Jersey", but he stated that they were not interested in credit lines and refused to provide us with any information.

 

We suggest caution.

 

 

Rating

 

Local credit bureau did not rate this company.

 

The company is in Good Standing. This means that all local and federal taxes were paid on due date.

 Final Opinion

 

For the company requested, despite our long searches we were unable to locate it and when we contacted the company, the operator refused to provide us with any information.

 

We suggest Caution.

 

 

 

SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

Profitability

N.A.

Public

NO

Indebtedness

N.A.

Payments

N.A.

Cash

N.A.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.20

UK Pound

1

Rs.70.27

Euro

1

Rs.59.99

 

 

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.