MIRA INFORM REPORT

 

 

Report Date :

9th November, 2006

 

IDENTIFICATION DETAILS

 

Name :

K V GEMS

 

 

Registered Office :

5 South Wabash, Suite 704 A, Chicago, Illinois 60603, United States.

 

 

Country :

United States

 

 

Date of Incorporation :

--

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

The Subject is engaged as a retailer of jewelry.

 

RATING & COMMENTS

 

MIRA’s Rating :

NR – No Rating

 

RATING

STATUS

PROPOSED CREDIT LINE

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

Status :

Undetermined

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

 


 

IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name       : K V GEMS

Address                   : 5 SOUTH WABASH SUITE 704A

City                         : CHICAGO

State/Province          : ILLINOIS

Zip Code                  : 60603

Country                   : UNITED STATES

Telephone : 312-201-8124

Facsimile                 : 312-201-8124

Legal Form              : Sole Proprietorship

Website                   : No website found.

@rating Opinion       :

Business Activity      : The Subject is believed to be engaged as a retailer of jewelry.

As of                       :

Sales / Revenue       :

Net Income              :

Total Equity             :

 

 

NOTE TO CLIENT

 

Management declined to provide general information regarding the Subject. Please see below for details.

 

 

IMPERATIVES

 

Using the provided telephone number, 312-201-8124, we reached Ms. Kiaran Vallabh, Owner. She confirmed that the K V GEMS is a sole proprietorship at 5 SOUTH WABASH SUITE 704A, not the ordered suite number 7041A. She declined to disclose any further information regarding the Subject.

 

Searching the internet, the following link (http://www.bebimi.com/location/k-v-gems-diamond-jewelry-shop.htm) provided the following information:

 

K V Gems Jewelry Store

For your jewelry needs in Chicago, Illinois visit the jewelry store of K V Gems located at 5 South Wabash Avenue Suite 704A Chicago, IL.

 

No payment were found.

 

No public records were found.

 

A search of bankruptcy courts revealed no record of the Company filing for bankruptcy.

This is a full report.

 

 

LEGAL

 

Legal Form              : Sole Proprietorship

Previous Legal Form:

Company is NOT required to publish an annual financial report.

Per Management, the Subject operates as a sole proprietorship however they declined to provide a founding date.

 

 

Managers/Key Personnel

 

Ms. Kiaran Vallabh                     Owner

 

 

FINANCIAL INFORMATION

 

Management declined to provide any financial information.

 

 

CURRENT OPERATIONS

 

NAICS Code            : 44831     Jewelry Stores

SIC Code                 : 5944

 

 

Business Activity

 

The Subject is believed to be engaged as a retailer of jewelry.


 

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

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

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

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

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