|
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|
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Report No. : |
511603 |
|
Report Date : |
29.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
TALBOTS
IMPORT, LLC |
|
|
|
|
Registered Office : |
1 Talbots Dr Ste 1, Hingham, Ma, 02043-1583 |
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|
|
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Country : |
United States |
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|
|
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Financials (as on) : |
2016 (Summarized) |
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Date of Incorporation : |
13.11.2006 |
|
|
|
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Legal Form : |
Limited Liability Company |
|
|
|
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Line of Business : |
Subject is
dedicated to the imports and distribution of clothes. |
|
|
|
|
No. of Employees : |
1 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Status : |
Satisfactory |
|
|
|
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Payment Behaviour : |
Slow but Correct |
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|
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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
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
United States |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
UNITED STATES - ECONOMIC OVERVIEW
The US has the most technologically powerful economy in the world, with a per capita GDP of $59,500. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. Based on a comparison of GDP measured at purchasing power parity conversion rates, the US economy in 2014, having stood as the largest in the world for more than a century, slipped into second place behind China, which has more than tripled the US growth rate for each year of the past four decades.
In the US, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, businesses face higher barriers to enter their rivals' home markets than foreign firms face entering US markets.
Long-term problems for the US include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits.
The onrush of technology has been a driving factor in the gradual development of a "two-tier" labor market in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. But the globalization of trade, and especially the rise of low-wage producers such as China, has put additional downward pressure on wages and upward pressure on the return to capital. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income.
Imported oil accounts for more than 50% of US consumption and oil has a major impact on the overall health of the economy. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. Because the US economy is energy-intensive, falling oil prices since 2013 have alleviated many of the problems the earlier increases had created.
The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the US into a recession by mid-2008. GDP contracted until the third quarter of 2009, the deepest and longest downturn since the Great Depression. To help stabilize financial markets, the US Congress established a $700 billion Troubled Asset Relief Program (TARP) in October 2008. The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009, Congress passed and former President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012, the Federal Government reduced the growth of spending and the deficit shrank to 7.6% of GDP. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries.
Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through FY 2018, the direct costs of the wars will have totaled more than $1.9 trillion, according to US Government figures.
In March 2010, former President OBAMA signed into law the Patient Protection and Affordable Care Act (ACA), a health insurance reform that was designed to extend coverage to an additional 32 million Americans by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on healthcare - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010.
In July 2010, the former president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight.
In December 2012, the Federal Reserve Board (Fed) announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short-term rates near zero until unemployment dropped below 6.5% or inflation rose above 2.5%. The Fed ended its purchases during the summer of 2014, after the unemployment rate dropped to 6.2%, inflation stood at 1.7%, and public debt fell below 74% of GDP. In December 2015, the Fed raised its target for the benchmark federal funds rate by 0.25%, the first increase since the recession began. With continued low growth, the Fed opted to raise rates several times since then, and in December 2017, the target rate stood at 1.5%.
In December 2017, Congress passed and President Donald TRUMP signed the Tax Cuts and Jobs Act, which, among its various provisions, reduces the corporate tax rate from 35% to 21%; lowers the individual tax rate for those with the highest incomes from 39.6% to 37%, and by lesser percentages for those at lower income levels; changes many deductions and credits used to calculate taxable income; and eliminates in 2019 the penalty imposed on taxpayers who do not obtain the minimum amount of health insurance required under the ACA. The new taxes took effect on 1 January 2018; the tax cut for corporations are permanent, but those for individuals are scheduled to expire after 2025. The Joint Committee on Taxation (JCT) under the Congressional Budget Office estimates that the new law will reduce tax revenues and increase the federal deficit by about $1.45 trillion over the 2018-2027 period. This amount would decline if economic growth were to exceed the JCT’s estimate.
|
Source
: CIA |
STATUTORY INFORMATION |
|
|
Legal Name: |
TALBOTS IMPORT, LLC |
|
Trade Name: |
TALBOTS IMPORT, LLC |
|
ID: |
4232328 |
|
Date Created: |
2006 |
|
Date Incorporated: |
11/13/2006 |
|
Legal Address: |
REGISTERED AGENT INFORMATION Name: THE CORPORATION TRUST COMPANY Address: CORPORATION TRUST CENTER 1209
ORANGE ST City: WILMINGTON County: New
Castle State: DE Postal Code: 19801 Phone: 302-658-7581 |
|
Operative Address: |
1 TALBOTS DR STE 1 HINGHAM, MA,
02043-1583 United States |
|
Telephone: |
(781) 749-7600 |
|
Fax: |
(781) 749-7600 |
|
Legal Form: |
Limited Liability Company |
|
Email: |
customer.service@talbots.com |
|
Registered in: |
DELAWARE |
|
Website: |
www.talbots.com |
|
Contact: |
Christine Lanoue |
|
Staff: |
1 employee |
|
Activity: |
SIC Code 5632,
Women's Accessory and Specialty Stores NAICS Code 448150,
Clothing Accessories Stores |
|
|
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BANKS: |
|
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The company does not make its
banking data public |
|
HISTORY: |
|
|
|
The company was founded in 2006 |
|
|
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PRINCIPAL ACTIVITY |
|
|
TALBOTS IMPORT, LLC
is dedicated to the imports and distribution of clothes. |
|
|
Products/Services description: |
Tees and Knits Blouses and Shirts Sweaters Shorts Pants Jeans Dresses Skirts Jackets and
Outerwear T by Talbots Sun & Swim Work Shop RSVP Occasion Sleepwear Accessories Sandals Espadrilles Flats Heels Ankle Strap Moccasins Sneakers Boots Slippers Jewelry Scarves Handbags Belts Shrugs & Vests Wraps & Ponchos Hosiery &
Tights Socks Hats Swim Accessories Sunglasses Readers |
|
Brands: |
Sperry Spanx |
|
Sales are: |
Wholesale and retail |
|
Clients: |
National companies and private
customers. |
|
Suppliers: |
Eam Maliban Textiles (pvt) Ltd Israel TEXTILES VALIDOS INTL SA Nicaragua Sparrow Apparels Ltd. Bangladesh Apl Logistics Korea Ltd South Korea |
|
Operations area: |
National |
|
The company imports from |
Israel, Nicaragua, Bangladesh and South
Korea |
|
The subject employs |
1 employee |
|
Payments: |
Slow but Correct |
LOCATION |
|
|
Headquarters : |
1 TALBOTS DR STE 1 HINGHAM, MA, 02043-1583 United States |
|
Comments: |
NA |
|
Branches: |
The company does
not have branches |
|
Related Companies: |
The Talbots Inc Address: 1 TALBOTS DR STE 1 HINGHAM, MA, 02043-1583 United States Telephone: (781) 749-7600 Website: www.talbots.com Employees: 10,000 Sales (Mil USD): 1,301.25 Parent Company: This company is a subsidiary of Tlb
Holdings LLC Main Management: Lizanne Kindler, President John Kovac, Senior Vice President Mary Lynn Phillips, Chief Financial
Officer Activity: Clothing Stores Foundation: The company was founded in 1947 by Rudy
and Nancy Talbot. Locations: Alabama Tanger Outlet Center Foley 2601 S. McKenzie Street Foley, AL 36535 The Shops of Grand River 6200 Grand River Boulevard East Leeds, AL 35094 Arizona Tanger Outlets Westgate 6800 North 95th Avenue Suite 280 Glendale, AZ 85305 California Camarillo Premium Outlets 740 E. Ventura Boulevard Camarillo, CA 93010 Marina Square Outlet 1235 Marina Boulevard San Leandro, CA 94577 Napa Premium Outlets 629 Factory Stores Drive Napa, CA 94558 San Francisco Premium Outlets 2642 Paragon Outlets Drive Livermore, CA 94551 Petaluma Village Premium Outlets 2200 Petaluma Blvd. N. Petaluma, CA 94952 Colorado Tanger Outlets Castle Rock 5050 Factory Shops Blvd. Castle Rock, CO 80108 Connecticut Clinton Crossing Premium Outlets 20-A Killingworth Turnpike Clinton, CT 06413 New Haven Market Outlet 550 Boston Post Road Orange, CT 06477 Tangers Outlet 455 Trolley Line Blvd Mashantucket, CT 06338 Delaware Christiana Fashion Center 2200 Fashion Center Blvd Newark, DE 19702 Tanger Outlet Center - Rehoboth Beach 35016 Midway Outlet Drive Rehoboth Beach, DE 19971 Tanger Outlet Center - Rehoboth Beach 34986 Midway Outlet Drive Rehoboth Beach, DE 19971 Florida Silver Sands Premium Outlets 10562 Emerald Coast Parkway West Destin, FL 32550 More Details > Ellenton Premium Outlets 5461 Factory Shops Blvd. Ellenton, FL 34222 Miromar Outlets 10801 Corkscrew Road Estero, FL 33928 Tampa Premium Outlets 2398 Grand Cypress Drive Lutz, FL 33559 Market Street at Heath Brook 4414 SW College Road Ocala, FL 34474 Orlando Premium Outlets 8200 Vineland Avenue Orlando, FL 32821 Seminole City Center 7927 113th Street Seminole, FL 33772 St. Augustine Outlets 500 Prime Outlets Boulevard St. Augustine, FL 32084 Palm Beach Outlets 1781 Palm Beach Lakes Blvd. Suite W249 West Palm Beach, FL 33401 Georgia North Georgia Premium Outlets 800 Highway 400 South Dawsonville, GA 30534 Tanger Outlets Commerce 800 Steven B. Tanger Blvd Commerce, GA 30529 Tanger Outlets 200 Tanger Outlet Blvd Pooler, GA 31322 Tanger Outlets Locust Grove 1000 Tanger Drive Locust Grove, GA 30248 The Outlet Shoppes at Atlanta 915 Ridgewalk Parkway Suite E-530 Woodstock, GA 30188 Illinois Chicago Premium Outlets 1650 Premium Outlet Boulevard Aurora, IL 60502 Decatur Outlet 225 North Water Street Decatur, IL 62523 Indiana Edinburgh Premium Outlets 11622 E. Executive Drive Edinburgh, IN 46124 Lighthouse Premium Place Outlets 601 Wabash St. Michigan City, IN 46360 The Shops on Main 179 US Highway 41 - Unit 790 Schererville, IN 46375 Iowa Tanger Outlet Center Williamsburg 454 Tanger Drive Williamsburg, IA 52361 Kentucky Crestview Hills Town Center 2841 Town Center Blvd Crestview Hills, KY 41017 The Outlet Shoppes of The Bluegrass 1155 Buck Creek Road Simpsonville, KY 40067 Louisiana Tanger Outlets Gonzales 2410 South Tanger Boulevard Gonzales, LA 70737 Maine Freeport One Freeport Village Station Freeport, ME 04032 Kennebunk 2 Shape Drive (US 1) Kennebunk, ME 04043 Outlets at Kittery 360 US Route 1 Kittery, ME 03904 Maryland Baltimore Outlet 10265 York Road Cockeysville, MD 21030 Clarksburg Premium Outlets 22705 Clarksburg Road Clarksburg, MD 20871 Hagerstown Premium Outlets 240 Premium Outlets Boulevard Hagerstown, MD 21740 Arundel Mills 7000 Arundel Mills Circle Hanover, MD 21076 Queenstown Premium Outlets 401 Outlet Center Drive Queenstown, MD 21658 Massachusetts The Launch at Hingham Shipyard 2 Shipyard Drive Hingham, MA 02043 Lee Premium Outlets 17 Premium Outlets Boulevard Lee, MA 01238 The Shoppes At Blackstone Valley 70 Worcester - Providence Turnpike Millbury, MA 01527 Wrentham Premium Outlets 1 Premium Outlets Boulevard Wrentham, MA 02093 Michigan Great Lakes Crossing Outlets 4000 Baldwin Road Auburn Hills, MI 48326 Tanger Outlets Mall 350 84th Street SW, Suite 1060 Byron Center, MI 49315 Minnesota Albertville 6415 Labeaux Ave Albertville, MN 55301 Eagan 3905 Eagan Outlets Parkway Eagan, MN 55122 Mississippi Gulfport Premium Outlets 10550 Factory Shops Boulevard Gulfport, MS 39503 Memphis Outlet 5205 Airways Boulevard Southaven, MS 38671 Missouri Tanger Outlets 300 Tanger Boulevard Branson, MO 65616 Taubman Prestige Outlets 17017 North Outer 40 Road Chesterfield, MO 63005 Nebraska Nebraska Crossing Outlet 21317 Nebraska Crossing Drive Gretna, NE 68028 New Hampshire Merrimack Premium Outlets 80 Premium Outlets Boulevard Merrimack, NH 03054 Settlers' Green Outlet Village 14 Settlers' Green North Conway, NH 03860 Tanger Outlet Center Tilton 120 Laconia Road Tilton, NH 03276 New Jersey Jackson Premium Outlets 537 Monmouth Road Jackson, NJ 08527 Jersey Shore Premium Outlets 1 Premium Outlets Boulevard Tinton Falls, NJ 07753 New York Niagara 1900 Military Road Niagara Falls, NY 14304 Albany Outlet 5 Metro Park Drive Albany, NY 12205 Harriman 3 Centre Dr. Central Valley, NY 10917 Tanger Outlets at The Arches 152 The Arches Circle Deer Park, NY 11729 Tanger Outlet Center Riverhead 1947 Old Country Road Riverhead, NY 11901 Waterloo Premium Outlets 655 New York State Rt 318 Waterloo, NY 13165 North Carolina Asheville Outlets 800 Brevard Road Asheville, NC 28806 Charlotte Premium Outlets 5512 New Fashion Way Charlotte, NC 28278 Tanger Outlets Blowing Rock 278 Shoppes on the Parkway Rd Blowing Rock, NC 28605 Tanger Outlet Center Mebane 4000 Arrowhead Boulevard Mebane, NC 27302 Tanger Outlet Center Nags Head 7100 South Croatan Highway Nags Head, NC 27959 Brier Creek Commons 8441 Brier Creek Parkway Raleigh, NC 27617 Carolina Premium Outlets 1025 Industrial Park Drive Smithfield, NC 27577 Ohio Cincinnati Premium Outlets 106 Premium Outlets Drive Monroe, OH 45050 The Venue at Belden 3931 Everhard Road North Canton, OH 44709 Tanger Outlets Columbus 400 South Wilson Rd Sunbury, OH, 43074 Oklahoma The Shoppes at Oklahoma City 7624 W. Reno Avenue Oklahoma City, OK 73127 Pennsylvania The Outlets at Sands Bethlehem 77 Sands Boulevard Bethlehem, PA 18015 The Outlet Shoppes at Gettysburg 1863 Gettysburg Village Drive Gettysburg, PA 17325 Grove City Premium Outlets 1911 Leesburgh Grove City Road Grove City, PA 16127 Tanger Outlet Center Hershey 46 Outlet Square Hershey, PA 17033 Tanger Outlet Center Hershey 123 Outlet Square Hershey, PA 17033 Tanger Outlet Center Lancaster 805 Stanley K. Tanger Boulevard Lancaster, PA 17602 Philadelphia Premium Outlets 18 W. Lightcap Road Limerick, PA 19464 The Crossings Premium Outlets 1000 Premium Outlets Drive Tannersville, PA 18372 Tanger Outlet Center Washington 2200 Tanger Boulevard Washington, PA 15301 South Carolina Tanger Outlet Center Hilton Head 1414 Fording Island Road Bluffton, SC 29910 Tanger Outlet Center Hilton Head 1252 Fording Island Road Bluffton, SC 29910 Tanger Outlet Center Myrtle Beach 10835 Kings Road Myrtle Beach, SC 29572 Myrtle Beach Outlet 10843 Kings Rd Myrtle Beach, SC 29572 Tanger Outlet Center Charleston 4840 Tanger Outlet Boulevard North Charleston, SC 29418 Tennessee Lebannon Outlet Marketplace 1 Outlet Village Blvd. Lebanon, TN 37090 Opry Mills 270 Opry Mills Drive Nashville, TN 37214 Tanger Outlets Sevierville 1645 Parkway #685 Sevierville, TN 37863 Texas Allen Premium Outlets 820 W. Stacy Road Allen, TX 75013 The Parke Shopping Center 5001 183A Toll Road Cedar Park, TX 78613 Houston Premium Outlets 29300 Hempstead Roads Cypress, TX 77433 Grand Prairie Premium Outlet 2950 W Interstate 20 Grand Prairie, TX 75052 Meyerland Plaza Outlet 500 Meyerland Plaza Houston, TX 77096 San Marcos Premium Outlets 3939 IH35 South San Marcos, TX 78666 Utah Tanger Outlet Center Park City 6699 North Landmark Drive Park City, UT 84098 Vermont Manchester Designer Outlets 424 Depot St. Manchester Center, VT 05255 Virginia Leesburg Corner Premium Outlets 241 Fort Evans Road Leesburg, VA 20176 Williamsburg Premium Outlets 5645-140 Richmond Road Williamsburg, VA 23188 Potomac Mills 2700 Potomac Mills Circle Woodbridge, VA 22192 Wisconsin Tanger Outlet Center Wisconsin Dells 210 North Gassar Road Baraboo, WI 53913 Johnson Creek Premium Outlets 575 Linmar Lane Johnson Creek, WI 53038 |
GROUP STRUCTURE AND SUBSIDIARY COMPANIES |
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|
Listed at the stock exchange: |
NO |
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Capital: |
NA |
|
Shareholders: |
This is a private company. The company
does not disclose information on shareholders. Despite our long search, we
could not confirm major holders. |
|
Management: |
Christine Lanoue |
|
|
|
FINANCIAL INFORMATION |
|
|
The company does not make its financial statements
public. The following information has been provided by private sources: |
|
|
|
|
|
USD 2016 |
|
|
sales: |
20,000 |
|
Cash Flow: |
Normal |
|
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|
LEGAL FILINGS |
|
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Lawsuits: |
No records found |
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Renewal History: |
Approval of Subzone Status, Talbots
Import, LLC, Lakeville, Massachusetts, 63962-63963 [2013-25218] From the Federal Register Online via the
Government Printing Office [www.gpo.gov] [FR Doc No: 2013-25218] DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1919] Approval of Subzone Status, Talbots
Import, LLC, Lakeville, Massachusetts Pursuant to its authority under the
Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C.
81a-81u), the Foreign-Trade Zones Board (the Board) adopts the
following Order: Whereas, the Foreign-Trade Zones Act
provides for ``. . . the Establishment . . . of foreign-trade
zones in ports of entry of the United States, to expedite and encourage
foreign commerce, and for other purposes,'' and authorizes the Foreign-Trade
Zones Board to grant to qualified corporations the privilege of establishing
foreign-trade zones in or adjacent to U.S. Customs and Border Protection
ports of entry; Whereas, the Board's regulations (15 CFR
Part 400) provide for the establishment of subzones when existing zone
facilities cannot serve the specific
use involved; Whereas, the City of New Bedford,
grantee of FTZ 28, has made application to the Board for the
establishment of a subzone at the facility of Talbots Import, LLC, located
in Lakeville, Massachusetts (FTZ Docket B-61-2013, docketed
06-13-13); Whereas, notice inviting public comment
has been given in the Federal Register (78 FR 37203, June 20,
2013), and the application has been
processed pursuant to the FTZ Act and the Board's regulations; and, Whereas, the Board adopts the findings
and recommendations of the examiner,
and finds that the requirements of the FTZ Act and the Board's regulations are satisfied; Now, therefore, the Board hereby
approves subzone status at the facility of Talbots Import, LLC, located
in Lakeville, Massachusetts (Subzone 28G), as described in the
application and Federal Register notice, subject to the FTZ Act and the
Board's regulations, including Section 400.13. Signed at Washington, DC, this 30th day
of September 2013. Paul Piquado, Assistant Secretary of Commerce for
Import Administration, Alternate Chairman, Foreign-Trade Zones Board. [FR Doc. 2013-25218 Filed 10-24-13; 8:45
am] BILLING CODE 3510-DS-P |
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UCC: |
No records found |
|
|
|
|
OFAC Sanctions
List Search: |
The company
is not listed in the OFAC list. |
|
|
|
SUMMARY |
|
|
|
Founded in 2006, TALBOTS IMPORT, LLC is
dedicated to the imports and distribution of clothes. The company has 1 full-time employee and
generates an estimated USD 0.02 million in annual revenue. The company imports from Israel,
Nicaragua, Bangladesh and South Korea, operating within national markets. This has been an ACTIVE company
incorporated in DELAWARE in 2006. |
|
|
|
RISK INFORMATION |
|
|
|
|
|
DEBTS |
Controlled |
|
PAYMENTS |
Slow but Correct |
|
CASH FLOW |
Normal |
|
STATUS |
ACTIVE |
|
|
|
INTERVIEW |
|
|
NAME |
NA |
|
POSITION |
Operator |
|
COMMENTS |
The person
contacted confirmed telephone number (781 749-7600), trade name and website. We asked him if he
could provide information about TALBOTS IMPORT, LLC and its relationship with
THE TALBOTS INC. Although he was not completely sure, he explained that
TALBOTS IMPORT, LLC was dedicated to the import of The Talbots Inc.´s
products and materials. He explained he did
not have more information about TALBOTS IMPORT, LLC. We asked him if we
could speak to another person who could confirm more information about the
company, but he said that the person responsible was not present at that
moment. He did not tell us
his name. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 67.44 |
|
|
1 |
INR 89.89 |
|
Euro |
1 |
INR 70.00 |
|
USD |
1 |
INR 67.90 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
|
|
|
|
Report Prepared
by : |
KET |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.