MIRA
INFORM REPORT
|
Report Date : |
19.12.2007 |
IDENTIFICATION
DETAILS
|
Name : |
KADAM & KADAM JEWELERS, INC. |
|
|
|
|
Registered Office : |
998 East El Camino
Real, Sunnyvale, Ca – 94087 |
|
|
|
|
Country : |
United States |
|
|
|
|
Date of Incorporation : |
14/10/1999 |
|
|
|
|
Legal Form : |
Corporation – Private |
|
|
|
|
Line of Business : |
Engages as a retailer 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 |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name: KADAM & KADAM
JEWELERS, INC.
Trade Name:
Address: 998 EAST
EL CAMINO REAL
City: SUNNYVALE
State/Province: CA
Zip Code: 94087
Country: UNITED
STATES
Telephone: 408-245-9770
Facsimile: 408-530-8770
URL None
Legal Form: Corporation -
Private
Shareholder:
Founded (D/M/Y):
Sales / Revenue: -
Net Income:
Total Equity:
Number of
Employees: 5
Business Activity: The Subject engages as
a retailer of jewelry.
NOTE TO CLIENT
NOTE: THE PROVIDED
NAME AND ADDRESS (BELOW) HAVE BEEN CORRECTED.
PLEASE SEE ABOVE FOR THE CORRECT
DETAILS.
-
ORDERED NAME &
ADDRESS:
KADAM AND KADAM
JEWELLERS INC
998 EL CAMINO REAL
SUNNTUALE, CA
94807
----------------------------------------------------------------------
CONTACT PERSON:
Mr. Satish, Manager
Mr. Satish
confirmed the legal name and contact details for the Firm. All other inquiry was deferred to the owner,
Mr. Balasaher Kadam, who is presently on vacation until January 2008.
-
Since Management
was unavailable, information in this report was obtained from outside sources
and has not been confirmed.
LEGAL
Legal Form: Corporation
- Private
Incorporation
State CA
Status: ACTIVE
Since (D/M/Y): 14/10/1999
The company is NOT
required to publish an annual financial report.
Corporation: KADAM & KADAM JEWELERS, INC.
Number: C2179173
Date Filed: 10/14/1999
Status: active
Jurisdiction: California
-
Address:
998 E EL CAMINO REAL
SUNNYVALE, CA 94087
-
Agent for Service of Process:
BALASAHER KADAM
998 E EL CAMINO REAL
SUNNYVALE, CA 94087
MANAGERS / KEY PERSONNEL
MR. BALASAHER
KADAM President
AFFILIATED COMPANIES
The Subject may be
affiliated with the following Indian company (this could not be confirmed by
Management):
-
KADAM AND KADAM
JEWELERS PVT. LTD.
101, Mumbadevi
Chambers,
Office No. 13, 4th
Floor,
Shaikh Memon
Street,
Zaveri Bazar, M-02
BANKS
Declined
The name of the
primary bank could not be obtained at this time.
PAYMENT HISTORY
BUSINESS DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY REPTD SALE TERMS $ $ % 30 60 90 91+ COMMENTS
---------- ----- ----- ------- -------- -------- --- --- --- --- --- --------
ADVERTISNG 07-12 00-00 NET 30 0 0 0 0 0 0 0 CUST 4 YR
BUS SERVCS 07-09 00-00 NET 30 100 0 0 0 0 0 0
UTILITY 07-12 00-00 NET 15 800 400 100 0 0 0 0
AIR TRANS 05-11 04-05 UNK 1100 1100 100 0 0 0 0 CUST 4 YR
MANUFCTRNG 06-10 00-00 CERTCHK 0 0 0 0 0 0 0
PACKAGING 06-01 04-08 NET 30 0 0 0 0 0 0 0
CURRENT QUARTER 900 400 100 0 0 0 0
FINANCIAL INFORMATION
Management was
unavailable, and therefore unable, to provide insight into the financial
condition of the Company. Outside sources report annual sales for 2006 in the
US$ 390,000 range.
CURRENT OPERATIONS
SIC Code: 5944
NAICS Code: 44831
Jewelry Stores
Number of Employees: 5
Business Activity:
The Subject
engages as a retailer of jewelry.
This appears to be
the sole location for the Firm.
PUBLIC RECORD
No derogatory legal action was filed against the Subject nor were there any Uniform Commercial Codes that were filed by the Subject.
A search of bankruptcy courts revealed no record of the Subject filing for bankruptcy.
COMMENTS
KADAM & KADAM JEWELERS, INC. was established in 1999, and engages as a retailer of jewelry. Payments appear prompt, and the operating record is clear. No derogatory legal information was found.
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%)