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MIRA
INFORM REPORT
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Report Date : |
10.08.2007 |
IDENTIFICATION DETAILS
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Name : |
C.M. DIAMOND (N.Y.) INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
27/02/1987 |
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Legal Form : |
Private Company |
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Line of Business : |
Importer and Wholesaler of diamonds and jewelry |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name : C.M. DIAMOND (N.Y.)
INC.
Address :
City :
State/Province :
Zip Code :
10036
Country :
UNITED STATES
Telephone : 212
944-9401
Facsimile :
212 575-8075
Legal Form :
Private Company
Website :
www.ediamondwholesale.com
Business Activity : The
Subject is an importer and wholesaler of diamonds and jewelry.
As of :
--
Sales / Revenue : --
Net Income : --
Total Equity : --
Number of Employees : 3
NOTE TO CLIENT
We contacted the Subject at the requested address. The person who
verified the information preferred not to divulge his name. Additionally we sent a fax requesting further
information. If we receive a response, an update will be provided immediately.
LEGAL
Legal Form :
Private Company
Since (D/M/Y) :
27/02/1987
State/Province of Incorporation :
NY
Status :
ACTIVE
Previous Legal Form :
--
Company is NOT required to publish an annual financial report.
The Company is incorporated in
the State of
Current Entity Name : C. M. DIAMOND (N. Y.) INC.
Initial DOS Filing Date : FEBRUARY 27, 1987
County :
Jurisdiction :
Entity Type : DOMESTIC
BUSINESS CORPORATION
Current Entity Status : ACTIVE
Principal Executive Office : C. M. DIAMOND (N. Y.) INC.
Managers/Key
Personnel
Mr. Dulichand Baid
President
AFFILIATED ENTITIES
As far as could be determined, there are no affiliates or subsidiaries.
BANKS
BANK OF
Telephone: 212-753-6100
Facsimile: 212-319-6347
Account Number:
Account Manager:
The Bank requires an account number and signed authorization which could
not be obtained from management.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE
CUR 1- 31- 61-
CATEGORY
REPTD
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
AIR TRANS
07-03 00-00 0000000 200
200 100 0 0
0 0 CUST
4 YR
AIR TRANS
06-11 00-00 NET 30 0 0
0 0 0
0 0 CUST
1 YR
BLDG MATRL 07-01 00-00 CREDIT 5000
0 0 0
0 0 0
FINCL SVCS 05-08 05-05 CONTRCT 0 0
0 0 0
0 0 SATSFTRY
FINANCIAL INFORMATION
The Company was forwarded a fax requesting financial information.
Currently we have not received a response. Outside sources provided no insight
into the financial condition of the Company.
CURRENT OPERATIONS
NAICS Code: 44831
Jewelry Stores
SIC Code: 5944
Number of Employees: 3
Business Activity
The Subject is an importer and wholesaler of diamonds and jewelry. The
heading address is the Company's headquarters. Additionally, the Subject has a
showroom located at
PUBLIC RECORD
Filing Number: 305060947260
Filing Date: 05/06/2003
Expiration Date: 10/31/2008
Filing Type: CONTINUATION
Filing Date of Related Filing:
10/31/1988
DEBTOR INFORMATION
Debtor(s): C.M. DIAMONDS (NY)
INC.
22 WEST,
C.M. DIAMONDS (NY) INC.
C.M DIAMONDS NY INC
Secured Party(s):
BANK OF
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A search of bankruptcy courts
revealed no record of the Company filing for bankruptcy.
GENERAL COMMENTS
C. M. DIAMOND (N. Y.) INC was incorporated in 1987. The Subject is an importer and wholesaler of
diamonds and jewelry. The Subject's
payment history is reported to be satisfactory, but limited. A search of public
and bankruptcy courts revealed no derogatory information or record of the
Company filing a bankruptcy petition.
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. |
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%)