MIRA
INFORM REPORT
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Report Date : |
22nd
June 2006 |
IDENTIFICATION
DETAILS
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Name : |
SARITEJDIAM,
INC |
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Registered Office : |
2 West 45th Street Suite 1005 New York , 10036 United
States |
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Country : |
United
States |
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Financials (as on) : |
31/12/2005 |
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Date of Incorporation : |
16/03/1977 |
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Legal Form : |
Corporation
- Private |
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Line of Business : |
Engaged
as a manufacturer of jewelery and a wholesaler of diamonds and jewelry. |
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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Status : |
Satisfactory |
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Payment Behaviour : |
Regular
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE SUMMARY
Company Name: SARITEJDIAM,
INC.
Trade Name(s): DESIGN
TRENDS
Address: 2
WEST 45TH STREET SUITE 1005
City: NEW
YORK
State/Province: NEW
YORK
Zip Code: 10036
Country: UNITED
STATES
Telephone: 212
869-3879
Facsimile: 212
869-5915
Legal Form: Corporation
- Private
Website: No
Website
Maj. Shareholder: Mr.
Tejas Mehta
@rating Opinion:
As of: 31/12/2005
Sales / Revenue: 15,000,000
Net Income:
Total Equity:
Number of Employees: 8
Business Activity:
SARITEJDIAM, INC. is engaged as a
manufacturer of jewelery and a wholesaler of diamonds and jewelry.
NOTE TO CLIENT
The information in this report
was provided by Mr. Dhaval Mehta, Vice President of Sales.
REQUESTED NAME: SARITEJDIAM INC.
LEGAL NAME: SARITEJDIAM,
INC.
NOTE: The requested address; 3 WEST 45TH STREET SUITE 1005, is incorrect.
The correct headquarters address is 2 WEST 45TH STREET SUITE 1005.
NOTE: FID: 13 2889805-031702 was unable to be confirmed at the time
of this report.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 16/03/1977
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT required to
publish an annual financial report.
Current Entity Name: SARITEJDIAM,
INC.
Initial DOS Filing Date: MARCH
16, 1977
County: NEW YORK
Jurisdiction: NEW YORK
Entity Type: DOMESTIC BUSINESS
CORPORATION
Current Entity Status: ACTIVE
Selected Entity Address
Information DOS Process (Address to which DOS will mail process if accepted on
behalf of the entity)
SARITEJDIAM, INC.
2 WEST 45 ST
SUITE 1005
NEW YORK, NEW YORK, 10036
Registered Agent
NONE
Managers/Key Personnel
Mr. Tejas Mehta President
Mr. Dhaval Mehta Vice President - Sales
OWNERS
Mr. Tejas Mehta % Majority
AFFILIATED ENTITIES
There are no subsidiaries,
divisions or parent companies.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
A banking reference was declined.
PAYMENT HISTORY
BUSINESS DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY REPTD SALE TERMS $
$ % 30
60 90 91+ COMMENTS
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
MANUFCTRNG 06-04 00-00 CERTCHK 0 0 0 0 0
0 0
OFFC SUPPL 06-06 00-00 CREDIT 1000
0 0 0 0
0 0
AIR TRANS 05-09 05-09
100 0 0
0 0 0 0
AIR TRANS 03-06 00-00 NET 7 0 0 0 0 0
0 0
BUS SERVCS 04-09 04-08 NET 30 0
0 0 0
0 0 0
CELLUL/PAG 03-11 03-10 NET 30 800
0 0 0
0 0 0 CUST 8 YR
GENERAL 05-02 03-02 NET 30
0 0 0
0 0 0 0 CUST 15 YR
LEASING 06-05 00-00 CONTRCT 3800
3800 100 0 0
0 0
OFFC SUPPL 03-09 03-09 NET 30 100
100 100 0 0
0 0 CUST 3 YR
CURRENT QUARTER 1000 0 0 0
0 0 0
FINANCIAL INFORMATION
FINANCIAL FIGURES
Year-End
(D/M/Y): 31/12/2005 31/12/2005 31/12/2005
Consolidated
Sales
/ Revenues 15,000,000 -
-
Annual
sales are reported to be in the US$ 15 million. All additional finanicial
information was declined. Financials are not consolidated. This error is due to
a software database issue.
CURRENT OPERATIONS
NAICS
Code: 42194 Jewelry, Watch, Precious Stone and Precious Metal
SIC
Code: 5094
NAICS
Code: 339911 Jewelry (except Costume) Manufacturing
Number
of Employees: 8
Business
Activity:
SARITEJDIAM,
INC. is engaged as a manufacturer of jewelery and a wholsaler of diamonds and
jewelry.
The
heading address is the headquarters and sole location for the subject company.
PUBLIC RECORD
No
liens, judgments or bankruptcy filings were found:
Name
Searched: SARITEJDIAM
Debtor
Address: SARITEJDIAM INC.
2
WEST 45TH STREET
NEW
YORK, NY 10036
Secured
Parties: ANTWERPSE DIAMANTBANK N.V.
Filing
Date: 12/19/2005
Filing
Number: 0512191337391
Filing
Type: INITIAL FILING
Name
Searched: SARITEJDIAM
Debtor
Address: SARITEJDIAM INC.
1180
AVENUE OF THE AMERICAS
NEW
YORK, NY 10036
SARITEJDIAM
INC.
2
WEST 45TH STREET
NEW
YORK, NY 10036
Secured
Parties: ABN AMRO BANK N.V.
Filing
Date: 2/12/2003
Filing
Number: 0302120318543
Filing
Type: CONTINUATION
Original
Filing Number: 88601693
GENERAL COMMENTS
SARITEJDIAM,
INC. is well established with annual sales in the US$ 15 million. Payments are
made on time and the operation history is clear. The firm is considered to be
responsible for normal business transactions at this time.
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 |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
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 |