MIRA INFORM REPORT

 

 

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 

 

 

Country :

United States

 

 

Financials (as on) :

2016 (Summarized)

 

 

Date of Incorporation :

13.11.2006

 

 

Legal Form :

Limited Liability Company

 

 

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 

 

 

Payment Behaviour :

Slow but 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

 

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

 

BANKS:

 

 The company does not make its banking data public

HISTORY:

 

 

The company was founded in 2006

 

 

 

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

 

Listed at the stock exchange:

NO

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

 

 

LEGAL FILINGS

 

 

 

Lawsuits:

No records found

 

 

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

 

 

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

UK Pound

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)

 

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.