MIRA INFORM REPORT
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Report Date : |
9th May 2006 |
IDENTIFICATION DETAILS
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Name : |
ERTH
DIAMONDS INC |
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Registered Office : |
590 5th Avenue 9th Floor New York, 10036 United
States |
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Date of Incorporation : |
13/04/1993 |
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Legal Form : |
Corporation
- Private |
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Line of Business : |
Engaged
as an importer and wholesaler of jewelry |
RATING & COMMENTS
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MIRA’s Rating : |
Undetermined |
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Status : |
Undetermined |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: ERTH
DIAMONDS INC.
Address: 590
5TH AVENUE 9TH FLOOR
City: NEW YORK
State/Province: NEW
YORK
Zip Code: 10036
Country: UNITED
STATES
Telephone: 212 888-9393
Facsimile: 212
888-0055
Legal Form: Corporation
- Private
Website: N/A
@rating Opinion:
As of:
Sales / Revenue:
Net Income:
Total Equity:
Business Activity:
The Firm is believed to be
engaged as an importer and wholesaler of jewelry.
NOTE TO CLIENT
Person Contacted: Name
Declined
We were informed that the
President of the Firm, Mr. Natwar Shah would not be in the office until June.
An exact date could not be obtained. He is the only one able to answer
questions regarding the Firm. A written
inquiry was sent to the Firm, and if it is returned, any new information will
be immediately forwarded.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 13/04/1993
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT required to
publish an annual financial report.
Selected Entity Name: ERTH
DIAMONDS, INC.
Selected Entity Status
Information
Current Entity Name: ERTH
DIAMONDS, INC.
Initial DOS Filing Date:
APRIL 13, 1993
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)
ERTH DIAMONDS, INC.
590 FIFTH AVENUE, 9TH FLOOR
NEW YORK, NEW YORK, 10036-470
Principal Executive Office
ERTH DIAMONDS, INC.
589 FIFTH AVE
SUITE #1004
NEW YORK, NEW YORK, 10017
Registered Agent
NONE
Managers/Key Personnel
Mr. Natwar Shah President
AFFILIATED ENTITIES
Shah Diamonds, Inc. is
located at the same address and is also owned by Mr. Natwar Shah. There are no known subsidiaries or
divisions.
BANKS
NY
Telephone:
Facsimile:
Account Number:
Account Manager:
The primary bank of the Firm
could not be learned.
BANK LEUMI TRUST COMPANY OF
NEW YORK is mentioned as a secured party for financing.
PAYMENT HISTORY
The Firm is not a major
seeker of local trade credit as no payment record could be developed.
FINANCIAL INFORMATION
A written inquiry was sent to
the Firm. If it is returned any new
information will be immediately forwarded. Outside sources failed to add any
insight into the condition of the Firm.
CURRENT OPERATIONS
NAICS Code: 33991
Jewelry and Silverware
Manufacturing
Business Activity:
The Firm is believed to be
engaged as an importer and wholesaler of jewelry.
The above location is
believed to be the headquarters and sole location of the
Firm.
TRADE REFERENCES
Supplier references could not
be obtained.
PUBLIC RECORD
Name Searched: ERTH DIAMONDS
Debtor Address: ERTH
DIAMONDS, INC.
590 FIFTH AVENUE
NEW YORK, NY 10036
VENUS DIAMONDS, INC.
589 FIFTH AVENUE
NEW YORK, NY 10017
Secured Parties: BANK LEUMI
TRUST COMPANY OF NEW YORK
Filing Date: 9/23/2005
Filing Number: 0509235842033
Filing Type: AMENDMENT
Original Filing Number:
95211155
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Name Searched: ERTH DIAMONDS
Amount: $ 1,789.38
Creditor: NY STATE DEP'T OF
TAXATION AND FINANCE
80-02 KEW GARDENS ROAD
KEW GARDENS NY 11415
Debtors: ERTH DIAMONDS, INC.
590 5TH AVE 9TH FL
NEW YORK NY 10036-4702
Docket Date: 02/07/2006
Docket Type: NY STATE TAX
WARRANT
Lien Type: JUDGMENTS DOCKET
Transaction Number: 31002096228
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There was no record of
bankruptcy petitions or legal actions involving the Firm.
GENERAL COMMENTS
Incorporated in New York in
1993, Erth Diamonds, Inc. is engaged as an
Importer and wholesaler of
diamonds. We were unable to conduct an
informative management interview and outside sources were unable to add any
insight into the condition of the Firm.
No payment record could be developed and there is a tax lien against the
Firm. The status is uncertain, as no further information is currently available
at this time.
RATING EXPLANATIONS
RATING
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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 |