MIRA
INFORM REPORT
|
Report
Date : |
27th
November, 2006 |
IDENTIFICATION
DETAILS
|
Name : |
REAL GEMS
CORPORATION |
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|
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Registered
Office : |
6222 Richmonds, Suite # 800, Hoston, Texas 77057, U.S.A. |
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Date
of Incorporation : |
21/10/1982 |
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|
|
|
Legal
Form : |
Corporation –
Private |
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Line
of Business : |
Importer and
wholesaler of jewelry. |
RATING & COMMENTS
|
MIRA’s
Rating : |
Ba |
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered
normal. Capable to meet normal commitments. |
Satisfactory |
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Status
: |
Satisfactory
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|
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Payment
Behaviour : |
Regular |
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Litigation
: |
Clear |
IDENTIFICATION
& EXECUTIVE SUMMARY
|
Company Name |
REAL GEMS
CORPORATION |
|
Address |
6222 RICHMONDS SUITE
#800 |
|
City |
HOUSTON |
|
State/Province |
TEXAS |
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Zip Code |
77057 |
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Country |
UNITED STATES |
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Telephone |
713 733-500 |
|
Facsimile |
713 977-7325 |
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Legal Form |
Corporation -
Private |
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As of |
- |
|
Sales / Revenue |
- |
|
Net Income |
- |
|
Total Equity |
- |
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Number of Employees |
12 |
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Website |
N/A |
|
Business Activity |
The Firm is an
importer and wholesaler of jewelry. |
NOTE
TO CLIENT
Person
Contacted: Mr. Bhikhu Barith, Controller.
IMPERATIVES
NOTE:
The Firm's Illinois registration was administratively dissolved
by Texas Secretary of State's Office as the Firm has not filed an annual report
since 1999. Mr. Berith stated that he will file the appropriate reports and
fees which will bring the status back to active and in good standing.
LEGAL
Legal
Form :
Corporation - Private
Since
(D/M/Y) :
21/10/1982
State/Province
of Incorporation : IL
Status :
ACTIVE
Previous
Legal Form :
Company
is NOT required to publish an annual financial report.
The
Firm is incorporated in Illinois under the following:
Entity
Name :
REAL GEMS CORPORATION
File
Number : 52882974
Status :
DISSOLVED/ INVOLUNTARY DISSOLUTION
03 01 00
Entity
Type :
CORPORATION
Type
of Corp :
DOMESTIC BCA
Incorporation
Date :
(Domestic) 10/21/1982
State :
ILLINOIS
Agent
Name :
HARRY SCHROEDER
Agent
Change Date :
12/24/1992
Agent
Street Address :
1619 S WESTERN AVE
Agent
City :
CHICAGO HEIGHTS
Agent
Zip :
60411-3149
Duration
Date :
PERPETUAL
Annual
Report Filing Date :
00/00/0000
For
Year :
1999
----------------------------------------------------------------------
The
Firm is qualified in Texas under the following:
Company
Information : REAL GEMS CORPORATION
6222 RICHMOND AVE STE 800, HOUSTON, TX 77057
Status :
IN GOOD STANDING
NOT FOR DISSOLUTION OR WITHDRAWAL
Through May 15, 2006
Registered
Agent : UDAI JAIN
6222 RICHMOND AVE STE 800, HOUSTON, TX 77057
Registered
Agent Resignation Date:
State
of Incorporation : ILLINOIS
File
Number :
0006869106
Charter/COA
Date : March 21, 1986
Charter/COA
Type : COA
Taxpayer
Number : 13108326540
Managers/Key
Personnel
Mr.
Udaj Jain President
Mr.
Bhikhu Barith Controller
AFFILIATED
ENTITIES
There
are no affiliates or subsidiaries at this time.
BANKS
Telephone:
Facsimile:
Account
Number:
Account
Manager:
The
bank could not be learned from management or outside sources.
PAYMENT
HISTORY
BUSINESS DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY REPTD SALE TERMS
$ $ %
30 60 90 91+ COMMENTS
---------- ----- ----- ------- -------- -------- --- --- --- ---
--- --------
AIR TRANS 05-09 05-09 NET
30 300 0 0 0
0 0 0
BUS SERVCS 04-09 04-08 NET 30
0 0 0
0 0 0 0
COMMUNICTN 05-08 98-09 NET 30
0 0 0
0 0 0 0
LEASING 05-05 00-00
CONTRCT 3400 0 0
0 0 0 0 CUST
1 YR
OFFC SUPPL 04-10 97-11 CREDIT
0 0 0 0
0 0 0 CUST 9 YR
FINANCIAL
INFORMATION
Mr.
Barith decline to provide financial statements or annual sales. A written
inquiry was also declined, therefore the Firm's condition could not be
evaluated.
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: 12
Business
Activity:
The
Firm is an importer and wholesaler of jewelry.
The
Firm imports loose diamonds and other precious stones mainly from India for
their jewelry. The Firm offers rings, pendants, earrings, necklaces, bracelets,
and other jewelry items. The Firm also manufacturers a small amount of jewelry
from gold, silver and platinum.
The
provided address is the Firm's sole location and consists of 2,450 square feet
of leased office space.
PUBLIC
RECORD
No
Uniform Commercial Codes, tax liens or bankruptcy petitions were traced to the
Firm.
GENERAL
COMMENTS
The
Firm is a well established importer and wholesaler of jewelry. The payment
record is satisfactory. No Uniform Commercial Codes, tax liens or bankruptcy
petitions were traced to the Firm. The Firm is considered responsible for
normal trade relations.
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 |