MIRA
INFORM REPORT
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Report Date : |
18.05.2011 |
IDENTIFICATION DETAILS
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Name : |
IRVING R BOODY&CO INC |
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Registered Office : |
50 Broad Street, Suite
1515 New York, New York, 10004 |
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Country : |
United States |
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Date of Incorporation : |
13.12.1927 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Piece Goods, Notions, and
Other Dry Goods Merchant Wholesalers |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 – 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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Comments on data supplied: |
Dear client, The address provided
belongs to Van Brunt Port Jersey Warehouse, Inc‎. We called the
company and the operator refused to provide us any information regarding the
subject company. She transferred our call to a voicemaild and we left a
message, which kept unanswered as for today. We also tried to contact the
subject company, but nobody would answer our call. |
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Legal Name: |
Irving R Boody&Co Inc |
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Legal Address |
50 Broad Street, Suite
1515 New York, New York, 10004
USA |
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Operative Address |
11 Penn Plaza # 310 New York, NY 10001-200 USA |
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Telephone: |
(212) 947-8300 |
ID : |
24449 |
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Fax: |
(212) 947-8300 |
Legal Form: |
Corporation for Profit |
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Email: |
NA |
Registered in: |
New York |
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Website: |
NA |
Date Created: |
NA |
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Manager: |
Anthony Scocco, President |
Date Incorporated: |
December, 13th. 1927 |
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Staff: |
6 |
Stock: |
1,000 |
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Value: |
100 par value |
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Activity: |
Piece Goods, Notions, and
Other Dry Goods Merchant Wholesalers |
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BANKS
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Name of the Bank |
EUROPEAN AMERICAN BANK |
BUSINESS
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HISTORY |
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The company was
incorporated for business in 1927 |
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PRINCIPAL ACTIVITY |
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Piece Goods, Notions, and
Other Dry Goods Merchant Wholesalers |
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Products/Services description: |
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Despite our long searches,
we were not able to get any further information regarding the company
requested. |
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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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Operations area: |
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National |
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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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This is a private
company. Despite our long searches we were unable to identify the main
shareholders. |
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Management: |
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Anthony Scocco, president |
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 tried to contact the
company, but nobody would answer our call. |
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Legal Fillings |
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There are several 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 Low 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 company which employs 6 persons and has been incorporated for
business since 1927. There were no legal
filings found against the company or its legal representatives. Despite our
long searches, we were unable to identify the main shareholders. There's very little
information on the subject company. We don't have any
financial figures, nor do we have any payment experience for the company
requested. Therefore, we STRONGLY
suggest working with GUARANTEES.- |
SUMMARY
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Profitability |
N.A. |
Public Records |
NO |
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Indebtedness |
N.A. |
Payments |
TO BE MONITORED |
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Cash |
N.A. |
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APPENDIX
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Comments |
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We tried to contact the
company several times, but nobody would answer our call. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.07 |
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1 |
Rs.72.97 |
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Euro |
1 |
Rs.63.57 |
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.