MIRA
INFORM REPORT
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Report Date : |
20.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
GEM-IMPEX, INC. |
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Registered Office : |
15 W 47 Street
1305, New York, Ny - 10036 |
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Country : |
United States |
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Date of Incorporation : |
20/07/1996 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Engaged as a manufacturer, importers, and exporters of pearls, pearl jewelry, diamonds, and diamond jewelry. |
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. |
Small |
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Status : |
Small Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name: GEM-IMPEX, INC.
Trade Name:
Address: 15 W 47
STREET 1305
City: NEW
YORK
State/Province: NY
Zip Code: 10036
Country: UNITED
STATES
Telephone: 212 398-7917
Facsimile: 212 398-7039
URL No
Website Found
Legal Form: Corporation -
Private
Shareholder: MR. JHAVERI
SATIN
Founded (D/M/Y):
Sales / Revenue: -
Net Income:
Total Equity:
Number of
Employees: 3
Business Activity: The Subject is engaged
as a manufacturer, importers, and exporters of pearls,
pearl
jewelry, diamonds, and diamond jewelry.
NOTE TO CLIENT
PERSON CONTACTED:
Mr. Mike Dharia ( position not provided)
Mr. Dharia
confirmed the headquarters address and contact information, all other inquiries were directed to Mr.
Jhaveri Satin, who was unavailable for an interview. In addition Management was
sent a written request for company information via facsimile. Unfortunately, we
did not receive a response to our inquiries and thus, cannot substantiate general information contained
in this report. If however, Management responds to our inquiries at a later
time, this report will be appropriately amended.
LEGAL
Legal Form: Corporation
- Private
Incorporation
State NY
Status: ACTIVE
Since (D/M/Y): 20/07/1996
The company is NOT
required to publish an annual financial report.
The Firm is incorporated in the state of New York:
Current Entity Name: GEM-IMPEX, INC.
Initial DOS Filing Date: JULY 30, 1996
County: NEW YORK
Jurisdiction: NEW YORK
Entity Type: DOMESTIC BUSINESS CORPORATION
Current Entity Status: ACTIVE
Selected Entity Address Information DOS Process (Address to which DOS
will mail process if accepted on behalf of the entity)
GEM-IMPEX, INC.
580 5TH AVE
1619
NEW YORK, NEW YORK, 11040
Registered Agent
NONE
MANAGERS / KEY PERSONNEL
Mr. Jhaveri Satin Chief Executive
Officer
Owners
MR. JHAVERI SATIN Majority
AFFILIATED COMPANIES
There are no affiliates
or subsidiaries.
BANKS
We could not
obtain any bank information.
PAYMENT HISTORY
No payment record was found under the Subject's name. We have sent a written request for supplier references
as of this writing no response has been received.
FINANCIAL INFORMATION
We could not
obtain any financial information and outside sources provided no insight into
the financial status of the company.
CURRENT OPERATIONS
SIC Code: 3911
NAICS Code: 339911
Jewelry (except Costume)
Manufacturing
Number of Employees: 3
Business Activity:
The Subject is
engaged as a manufacturer, importers, and exporters of pearls, pearl jewelry,
diamonds, and diamond jewelry.
The above address
is the sole location for the Subject.
PUBLIC RECORD
A Nationwide of search of public and bankruptcy courts revealed no Uniform Commercial Codes, tax
liens,
legal actions or bankruptcy filings under the Subject's name.
COMMENTS
GEM-IMPEX, INC. is a well established company engaged as a manufacturer of jewelry.
No payment record could be
obtained. A search of public records and bankruptcy
courts revealed no derogatory information filed
against the Company nor any bankruptcies filed by the Company.
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%)