MIRA INFORM REPORT

 

 

Report Date :           

03.10.2011

 

IDENTIFICATION DETAILS

 

Name :

PALACE RUG GALLERY

 

 

Registered Office :

10644 NE 8th St, Bellevue, WA 98004-4330

 

 

Country :

United States 

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Private Independent Company

 

 

Line of Business :

Subject is engaged in cleaning carpets and upholstered furniture at a plant or on customers' premises.

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

$500 (USD)

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Partially correct

 

 

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 

 

Palace Rug Gallery

10644 NE 8th St

Bellevue, WA 98004-4330

United States

Tel:       425-454-7879

 

 

Synthesis

 

Employees:                  4

Company Type:            Private Independent

Financials in:                 USD (Millions)

Reporting Currency:       US Dollar

Annual Sales:               0.4

Total Assets:                 NA

 

 

Business Description     

 

Establishments primarily engaged in cleaning carpets and upholstered furniture at a plant or on customers' premises.

 

Industry

Industry            Business Services

ANZSIC 2006:    9531 - Laundry and Dry-Cleaning Services

NACE 2002:      9301 - Washing and dry cleaning of textile and fur products

NAICS 2002:     561740 - Carpet and Upholstery Cleaning Services

UK SIC 2003:    9301 - Washing and dry cleaning of textile and fur products

US SIC 1987:    7217 - Carpet and Upholstery Cleaning

 

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

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

 

 

Corporate Overview

 

Location

10644 NE 8th St

Bellevue, WA, 98004-4330

King County

United States

Tel:       425-454-7879




Sales USD(mil):             0.4

Assets USD(mil):           NA

Employees:                   4

Industry:                        Business Services

Company Type:             Private Independent

Quoted Status:              Not Quoted

 

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Additional Information

 

Industry Codes

 

ANZSIC 2006 Codes:

9531     -          Laundry and Dry-Cleaning Services

 

NACE 2002 Codes:

9301     -          Washing and dry cleaning of textile and fur products

 

NAICS 2002 Codes:

561740  -          Carpet and Upholstery Cleaning Services

 

US SIC 1987:

7217     -          Carpet and Upholstery Cleaning

 

UK SIC 2003:

9301     -          Washing and dry cleaning of textile and fur products

 

Business Description

Establishments primarily engaged in cleaning carpets and upholstered furniture at a plant or on customers' premises.

 

Financial Data

Financials in:

USD(mil)

 

Revenue:

0.4

1 Year Growth

NA

Additional Information

ABI Number:

889915062

 

 

 


Credit Report as of 03/01/2011

 

Location

10644 NE 8th St
Bellevue, WA 98004-4330
United States

 

County:

King

MSA:

Seattle, WA

 

Phone:

425-454-7879

 

ABI©:

889915062

 

Annual Sales:

$356,000 (USD)

Employees:

4

 

Facility Size(ft2):

2,500 - 9,999

 

Business Type:

Private

Location Type:

Single Location

Recommended Credit Limit *

   $500 (USD)

 

 

Primary Line Of Business:

SIC:

7217-04 - Carpet & Rug Cleaners

NAICS:

561740 - Carpet & Upholstery Cleaning Svcs

 

 

Table of Contents

 

Profile Links

·         Similar Businesses in the Area

·         Closest Neighbors

 

External Links

·         Similar Businesses in the Area *


Dry Connection Carpet-Uphlstry

4815 131st Ave SE

Bellevue, WA 98006-2061          

 

Ignatovich GBS Carpet Clean

15411 NE 54th Pl

Redmond, WA 98052-5168        

 

Andonian Rug Cleaning & Services

2021 130th Ave NE Ste: F

Bellevue, WA 98005-2019

 

D A Burns & Sons Inc

13830 Bel Red Rd

Bellevue, WA 98005-4520

 

Revive Carpet & Upholstery

15436 SE 21st Pl

Bellevue, WA 98007-6301          

 

Zerorez

1513 128th Pl NE

Bellevue, WA 98005-2216

 

Ace & Cartozian Rug-Upholstery

13680 NE 16th St

Bellevue, WA 98005-2350          

 

Coit Carpet & Drapery Cleaners

12002 NE 8th St

Bellevue, WA 98005      

 

Renaissance Carpet Care Inc

3040 78th Ave SE Ste: 594

Mercer Island, WA 98040-9997

 

   * Similar Businesses are defined as the closest businesses sharing the same six-digit primary SIC code ( 7217-04 - Carpet & Rug Cleaners) regardless of size.

 

Closest Neighbors

Paris Alteration

10633 NE 8th St

Bellevue, WA 98004-4331          

 

European Tailors

10630 NE 8th St Ste: 4

Bellevue, WA 98004-4320          

 

FEDEX Office Printer & Ship Center

10635 NE 8th St Ste: 105

Bellevue, WA 98004-4372

Tempo

10635 NE 8th St Ste: 103

Bellevue, WA 98004-4372          

 

Responsive Retail Inc

10635 NE 8th St

Bellevue, WA 98004-4372          

 

Easychoppers & Tattoos

10630 NE 8th St Ste: 2

Bellevue, WA 98004-4320

 

Us Travel LLC

10630 NE 8th St Ste: 1b

Bellevue, WA 98004-4320


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.48.93

UK Pound

1

Rs.76.52

Euro

1

Rs.66.65

 

 

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.