MIRA INFORM REPORT

 

 

Report Date :

18th November, 2006

 

IDENTIFICATION DETAILS

 

Name :

ORNAME CREATIONS INC.

 

 

Registered Office :

606 South Hill Street, Suite 1107, Los Angeles, California 90014, United States

 

 

Country :

United States

 

 

Date of Incorporation :

08.05.2000

 

 

Legal Form :

Corporation - Private

 

 

Line of Business :

The Company engages in the distribution of diamonds and jewellery. It specializes in gold, platinum, and diamond-studded jewellery.

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

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

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 


 

IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name : ORNAME CREATIONS INC.

Address                        : 606 SOUTH HILL STREET, SUITE 1107

City                              : LOS ANGELES

State/Province               : CALIFORNIA                           

Zip Code                       : 90014                       

Country                         : UNITED STATES               

Telephone                     : 213 627-0777                

Facsimile                      : 213 627-4777

Legal Form                    : Corporation - Private

Website                        : http://orname.com

Business Activity           : The Company engages in the distribution of diamonds and jewellery. It

                                      specializes in gold, platinum, and diamond-studded jewellery. The firm targets

                                      wholesalers and retailers in the U.S. retail market.

@rating Opinion :

As of                             :

Sales / Revenue :

Net Income                    :

Total Equity                   :

 

 

IMPERATIVES

 

An electronic search was conducted for the Subject via the internet &  telephone directories in the state of California. A search was conducted for " Orname Creations Inc."  and " Orname Creations."  This search provided the website which is listed above and the contact information for the Subject. Multiple attempts were made to reach someone at the Subject's office; however, each call that was placed was forwarded into a voicemail service.  The voicemail service states

 

" You have reached Orname Creations" .  Messages were left on the voicemail; however, we have not received a response yet.  In addition, we made attempts to contact the property manager for " 606 South Hill Street"  in Los Angeles. However, we were unable to obtain contact information for the manager and could not verify whether the Subject is operating at the heading address. All other electronic investigation via the internet and directory assistance failed to verify the contact information, address, or names of officials for the Subject at this time.

 

 

LEGAL

 

Legal Form                                : Corporation - Private                     Since (D/M/Y):  08/05/2000

State/Province of Incorporation    :  CALIFORNIA

Status                                       : ACTIVE

 

Previous Legal Form:

Company is NOT required to publish an annual financial report.

 

Entity Name                  : ORNAME CREATIONS, INC.

Entity Type                    : Corporation

Registered Number        :  C2215870

Date Filed                     : 5/8/2000

Status                           : ACTIVE

Jurisdiction                    : California

Registered Address        : 606 S HILL STREET STE 1107 LOS ANGELES, CA 90014

Registered Agent           :  AMIT MEHTA

   606 S HILL STREET STE 1107 LOS ANGELES, CA 90014

 

 

Managers/Key Personnel

 

Mr. Amit Mehta                         President

 

 

AFFILIATED ENTITIES

 

Ornamentations (I) Ltd.

G-31 Gem &  Jewellery Complex III,

SEEPZ, Andheri (E),

Mumbai 400096 INDIA.

Tel        : (91) (22) 2829 2790 / 91

Fax       : (91) (22) 2829 2488

 

 

Parent Companies

 

Parent Company            : Rasiklal Hiralal &  Co.

Hari Nivas, 26 Mama Parmanand Marg

Mumbai                                      400004

INDIA

Telephone         : (91) 22 2368-2859

 

 

PAYMENT HISTORY

 

A payment record was not available for review.

 

 

FINANCIAL INFORMATION

 

Financial information could not be obtained.

 

 

CURRENT OPERATIONS

 

NAICS Code      : 42194     Jewellery, Watch, Precious Stone and Precious Metal

SIC Code          : 5094

 

 


Business Activity

 

The Company engages in the distribution of diamonds and jewellery. It specializes in gold, platinum, and diamond-studded jewellery. The firm targets wholesalers and retailers in the U.S. retail market.

 

 

PUBLIC RECORD

 

A search of public failed to reveal any Uniform Commercial Codes, tax liens, legal actions, or bankruptcy petitions at this time.


 

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