MIRA
INFORM REPORT
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Report Date : |
09.08.2007 |
IDENTIFICATION DETAILS
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Name : |
YOGI DIAMANT INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
04/03/1993 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Wholesaler of loose diamonds |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name : YOGI DIAMANT INC.
Address :
City :
State/Province :
Zip Code :
77057
Country :
UNITED STATES
Telephone : 713
334 9644
Facsimile :
713 334 6510
Legal Form :
Corporation - Private
Website :
N/A
Business Activity : The
Company is a wholesaler of loose diamonds.
As of :
--
Sales / Revenue : --
Net Income : --
Total Equity : --
Number of Employees : 2
NOTE TO CLIENT
Person Contacted: Mr. Yogi Shah, President
Management confirmed information and requested a written inquiry for
financial information. If a response is recieved, the report will be amended.
LEGAL
Legal Form :
Corporation - Private
Since (D/M/Y) :
04/03/1993
State/Province of Incorporation :
TX
Status :
ACTIVE
Previous Legal Form :
--
Company is NOT required to publish an annual financial report.
Company Information : YOGI DIAMANT INC
Status : IN GOOD STANDING
Registered Agent : YOGESH N
SHAH
Registered Agent Resignation Date :
--
State of
File Number :
0126228100
Charter/COA Date :
March 4, 1993
Charter/COA Type :
Charter
Taxpayer Number :
17603951322
Managers/Key
Personnel
Mr. Yogi Shah
President
AFFILIATED ENTITIES
As far as can be determined, no affilaites or subsidiaries exist.
BANKS
Sterling Bank
Telephone: 713 466 8300
Facsimile: 713 532 6390
Account Number:
Account Manager:
The bank requires signed authorization which management declined to
supply.
PAYMENT HISTORY
The Company is not a seeker of local trade credit and as such a
significant payment record could not be developed.
FINANCIAL INFORMATION
Management has not returned the financials yet and outside sources
provided no insight into the Company's financial condition.
CURRENT OPERATIONS
NAICS Code: 422 Wholesale Trade, Nondurable Goods
Number of Employees: 2
Business Activity
The Company is a wholesaler of loose diamonds. According to management,
this is the sole location.
PUBLIC RECORD
No Uniform commercial codes, legal issues, liens or bankruptcies were
found in the Company name.
GENERAL COMMENTS
The Company incorporated in 1993
as a wholesaler of loose diamonds. No payment record or derogatory information
could be found in the Company's name.
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 |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)