MIRA
INFORM REPORT
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Report Date : |
20.07.2011 |
IDENTIFICATION DETAILS
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Name : |
AMINIS GALLERIA |
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Registered Office : |
10428 S. 67th E. Ave, Tulsa Ok 74135 |
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Country : |
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Year of Establishment : |
1975 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Selling of rugs, and game room accessories |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 150,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No complaints |
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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 – March 31st, 2010
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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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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Legal Name: |
AMINI'S GALLERIA |
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Legal Address |
10428 S. 67TH E. AVE |
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Operative Address |
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Telephone: |
+ 1 (918) 254 6444 |
Filing Number : |
1900290842 |
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Fax: |
+ 1 (918) 254-0004 |
Legal Form: |
Corporation for Profit |
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Email: |
Registered in: |
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Website: |
Date Created: |
1975 |
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Manager: |
Mack Amini Owner |
Date Incorporated: |
12 Feb 1976 |
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Staff: |
20 to 49 |
Stock: |
NA |
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Value: |
NA |
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Activity: |
Selling of rugs, and game room accessories |
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BANKS
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Name of the Bank |
Bank of |
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BUSINESS
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HISTORY |
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Crated in 1975 with their first store at 16th and |
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PRINCIPAL ACTIVITY |
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Selling Rugs Selling Pool tables and its accessories Selling of furnitures for game rooms |
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Products/Services description: |
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Pool Tables and accesories. woodard furniture, woodard patio furniture, berkline furniture,
berkline seating |
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Brands: |
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Premier, Brunswick, Experts In Moving, Your Best Woodard, Windham & Agio, Rattan, Over
1000 Custom Barstool Options, Oriental Rugs, Offer Financing, Metal, Erwin
& Sons, Chrome, Woodard, Berkline |
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Operations area: |
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National |
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Trade References: |
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Despite our searches we were not able to find any company's trade
references. |
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PAYMENTS |
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regular |
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Comments on location: |
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In addition to the current Oklahoma City store (headquarter), Amini’s
Galleria owns and operates four others in Tulsa, Chesterfield, Missouri, as
well as those in Overland Park and Kansas City, Kansas |
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Shareholders - Manager - Related Companies
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Shareholders Parent Company(ies): |
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Mack Ammini and Arash Amin
Owners |
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Management: |
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mack Amini Officer Aresh Amini Chief Executive
Officer Patrica Williams Finance Executive Bob Holman Sales Executive Rosinna Gies, Operations Manager |
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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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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 |
2010 |
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Turnover |
$10 to 20 million |
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Legal Fillings |
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There are no recent UCC** files
listed with the Secretary of State of Oklahoma. There are no legal filings listed with the District Court. The last annual report was filed on 2010. 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 ** 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 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 medium 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 size business with more than 35 years of operations. The company’s turnover can be considered encouraging for the company’s size. We did not find any specific adverse record against the company during
the investigation. A credit line may be considered for USD 150,000 |
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SUMMARY
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Profitability |
CORRECT |
Public Records |
NO |
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Indebtedness |
CONTROLLED |
Payments |
REGULAR |
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Cash |
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APPENDIX
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Comments |
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The lady contacted was not cooperative and just confirmed the
headquarter address. |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.59 |
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1 |
Rs.71.62 |
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Euro |
1 |
Rs.62.78 |
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 |
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-- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.