MIRA INFORM REPORT

 

 

Report Date :

04.12.2007

 

IDENTIFICATION DETAILS

 

Name :

VIJAYDIMON USA INC

 

 

Registered Office :

1212 Avenue Of The Americas, New York, Ny 10036-1602

 

 

Country :

United States

 

 

Date of Incorporation :

09/1987

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Jewelry & Precious Stones Wholesalers

 

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

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

 

Company Information

 

 

VIJAYDIMON USA INC
1212 AVENUE OF THE AMERICAS
NEW YORK, NY 10036-1602
(212) 302-0441

Business Identification Number:

706482125

File Established:

09/1987

SIC code: 

JEWELRY & PRECIOUS STONES WHLSNG - 5094

 

Executive Summary

 

 

  Intelliscore for VIJAYDIMON USA INC

 

 

71.38

 

 

0-32.47

32.48-58.63

58.64-70.19

70.2-77.71

77.72-100

0

 

100

 

High risk

Low risk


LOW TO MEDIUM RISK
68% of businesses indicate a higher risk of becoming seriously delinquent than this business

Key score factors:

RATIO OF BALANCE ON SLOW PAYING ACCOUNTS TO ALL BALANCES

HISTORY OF SLOW PAYING ACCOUNTS

NUMBER OF TRADES WITH A HIGH BALANCE TO HIGH CREDIT RATIO

FEW, IF ANY, RECENTLY ACTIVE ACCOUNTS



  Research Tips

Additional information may be available on this business.

Other recommended searches:

Order Public Record

 

Legal Filings and Collections

Bankruptcy filings:

0

Tax lien filings:

0

Judgment filings:

0

Total collections:

0

Sum of legal filings:

$0

UCC filings:

0

Cautionary UCC filings present?

No



Trade Information

Monthly average DBT:

0

Highest DBT previous 6 months:

0

Highest DBT previous 5 quarters:

7

Total continuous trades:

2

Current continuous trade balance:

$700

Trade balance of all trades (3):

$900

Average balance previous 5 quarters:

$780

Highest credit amount extended: details

$1,700

6 month balance range:

$0 - $0

 

 

 

Trade Payment Information

 

 

Trade Payment Experiences
(Trade Lines With an (*) after date are newly reported)

Account Status
Days Beyond Terms

 

Business
Category

Date
Reported

Last
Sale

 

Payment
Terms

 

Recent
High
Credit

 

Balance

Cur

1-30

31-60

61-90

91+

Comments

+AIR TRANS

10/2007

 

 

 

$1,700

$600

100%

 

 

 

 

CUST 20 YR

+BUS SERVCS

11/2007

 

NET 30

 

<$100

<$100

100%

 

 

 

 

 

 

Trade Payment Totals

 

 

Trade Payment Experiences

Account Status
Days Beyond Terms

 

Type

Lines
Reported

 

 

 

Recent
High
Credit

 

Balance

Cur

1-30

31-60

61-90

91+

Comments

Continuously Reported

2

 

 

$1,800

$700

100%

 

 

 

 

DBT: 0

Newly Reported

0

 

 

 

 

 

 

 

 

 

DBT:  

Trade Lines Totals

2

 

 

$1,800

$700

100%

 

 

 

 

DBT: 0

 

Additional Payment Experiences

 

 

Trade Payment Experiences
(Trade Lines With an (*) after date are newly reported)

Account Status
Days Beyond Terms

 

Business
Category

Date
Reported

Last
Sale

 

Payment
Terms

 

Recent
High
Credit

 

Balance

Cur

1-30

31-60

61-90

91+

Comments

=FOOD DISTR

05/2005

05/2005

COD

 

$600

$200

24%

76%

 

 

 

 

 

Monthly Payment Trends

 

 

Payment Trends Analysis
JEWELRY & PRECIOUS STONES WHLSNG INDUSTRY SIC: 5094

Account Status
Days Beyond Terms

Date Reported

Industry

Cur

DBT

Business
DBT

Balance

Cur

1-30

31-60

61-90

91+

CURRENT

N/A

N/A

0

$700

 

100%

 

 

 

 

OCT07

88%

4

0

$700

 

100%

 

 

 

 

SEP07

87%

5

0

$500

 

100%

 

 

 

 

AUG07

87%

4

0

$400

 

100%

 

 

 

 

JUL07

87%

4

0

$200

 

100%

 

 

 

 

JUN07

87%

4

0

$700

 

100%

 

 

 

 

MAY07

86%

5

0

$200

 

100%

 

 

 

 

 

 

Quarterly Payment Trends

 

 

Payment History - Quarterly Averages

Account Status
Days Beyond Terms

Quarter

Months

DBT

Balance

Cur

1-30

31-60

61-90

91+

Q3 - 07

JUL-SEP

0

$400

 

100%

 

 

 

 

Q2 - 07

APR-JUN

0

$400

 

100%

 

 

 

 

Q1 - 07

JAN-MAR

0

$1,100

 

100%

 

 

 

 

Q4 - 06

OCT-DEC

0

$1,100

 

100%

 

 

 

 

Q3 - 06

JUL-SEP

7

$900

 

89%

2%

 

9%

 

 

Company Background Information

 

 

  Additional Company Background Information

 

Key Personnel

Principal(s): 

SURESH KOTHARI, PRESIDENT

 

DESAI YOGI, OWNER


Operating Information

Primary SIC Code: JEWELRY & PRECIOUS STONES WHLSNG - 5094


Number of Employees: 74


 

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.

 

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

 

 

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%)

 

 

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