MIRA
INFORM REPORT
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Report Date : |
1st
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
ITAL GOLD, INC. |
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Registered Office : |
607 South Hill Street, Suite 314, Los Angeles , California 90013 , United States |
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Country : |
United States |
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Date of Incorporation : |
30.12.1993 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Wholesales jewellery and precious stones. |
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 : ITAL GOLD, INC.
Address : 607 South Hill Street, Suite 314
City : LOS ANGELES
State/Province : CALIFORNIA
Zip Code : 90013
Country : UNITED STATES
Telephone : 213 623-2206
Facsimile : 213 623-2214
Legal Form : Corporation - Private
Website : www.italgold.com
@rating Opinion :
Business Activity : The Company wholesales jewelry and precious stones.
Founded (D/M/Y) : / /1987
As of :
Sales / Revenue :
Net Income :
Total Equity :
Number of Employees : 8
NOTE TO CLIENT
Person Contacted: Mr. Pat Javaheri, President. Mr. Javaheri declined most general and all financial details. Therefore, the information in the report could not be confirmed with management. A written inquiry was faxed to Mr. Javaheri and if he responds the report will be amended.
LEGAL
Legal Form : Corporation - Private
Since (D/M/Y) : 30/12/1993
State/Province of Incorporation : CA
Status : ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
The company is incorporated in California under the following registration:
Name : ITAL GOLD, INC.
Number : C1736150
Date Filed : 12/30/1993
Status : Active
Jurisdiction : California
Address
607 S HILL STREET STE 325
LOS ANGELES, CA 90014
Managers/Key Personnel
Mr. Moussa Javaheri President
Mr. Pat Javaheri Secretary
AFFILIATED ENTITIES
No parent company, subsidiaries, affiliated companies or divisions.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
The name of the primary bank could not be obtained either directly from management or from outside sources consulted.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY REPTD SALE TERMS
$ $ %
30 60 90 91+ COMMENTS
---------- ----- ----- ------- -------- -------- --- --- --- ---
--- --------
ADVERTISNG 06-10 00-00 NET 30 0
0 0 0
0 0 0 CUST 3 YR
OFFC SUPPL 07-01 00-00 CREDIT 4000
0 0 0
0 0 0
AIR TRANS
05-12 00-00 NET 30 0 0 0 0 0
0 0 CUST 1 YR
BUS SERVCS 04-09 04-08 NET 30 0
0 0 0
0 0 0
FINCL SVCS 04-05 00-00 NET 30 42700
0 0 0
0 0 0 ACCTCLOSED
FINCL SVCS 05-11 05-04 NET 30 12800
0 0 0
0 0 0 CUST 1 YR
GENERAL
05-02 04-09 NET 60 700 500
100 0 0 0
0 CUST 13 YR
LEASING
05-08 00-00 CONTRCT 1500
0 0 0
0 0 0
CURRENT QUARTER 4000
0 0 0
0 0 0
Payment Trends
INDUSTRY
BUSINESS BALANCE CUR 1-
31- 61-
DATE CUR DBT
DBT $ %
30 60 90 91+
-------- --- ---
--- -------- --- --- ---
--- ---
20070100
0 6 0 200 100
0 0
0 0
20061200
0 5 0 100 100
0 0
0 0
20061100
0 6 0 300 100
0 0
0 0
20061000
0 5 0 300 100
0 0
0 0
20060900
0 4 0 100 100
0 0
0 0
20060800
0 4 0 600 100
0 0
0 0
Payment History - Quarterly
Averages
BALANCE CUR 1-
31- 61-
QUARTER YEAR DBT $ % 30
60 90 91+
-------- ------
--- -------- --- --- ---
--- ---
Fourth
2006 0 200 100 0 0 0
0
Third
2006 0 300 100
0 0
0 0
Second
2006 0 0 0 0 0
0 0
First
2006 0 600 100 0 0 0
0
Fourth
2005 0 0 0 0 0
0 0
FINANCIAL INFORMATION
Management declined all financial details per strict company policy.
An outside source reported annual sales in the US$15 million range.
CURRENT OPERATIONS
NAICS Code : 42194 Jewelry, Watch, Precious Stone and Precious Metal
SIC Code : 5094
Number of Employees: 8
Business Activity
The Company wholesales jewelry and precious stones.
The above address is the headquarters and only known location for the Firm.
PUBLIC RECORD
FILING INFORMATION
Filing Number : 9906260061
Filing Date : 02/19/1999
Expiration Date : 02/19/2004
Total Number of Pages : 1
Filing Type: FINANCING STATEMENT
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FILING
INFORMATION
Filing Number : 401130042994
Filing Date : 01/13/2004
Expiration Date : 01/13/2004
Filing Type : ORIGINAL
Filing Office : SECRETARY OF STATE/UCC DIVISION
162 WASHINGTON AVE, ALBANY, NY 12210
DEBTOR
INFORMATION
Debtor(s) : ITAL GOLD, INC.
607 S. HILL ST., LOS ANGELES, CA 90014
SECURED
PARTY OR CREDITOR INFORMATION
Secured Party(s): SUASHISHSTAR INC.
1285 AVENUE OF THE AMERICAS 34TH FLOOR NEW YORK, NY 10019
COLLATERAL
INFORMATION
Collateral Type: CONSIGNED MERCHANDISE
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DEBTOR
INFORMATION
Debtor(s) : ITAL GOLD, INC.
607 S HILL ST STE 314, LOS ANGELES, CA 90014
SECURED
PARTY OR CREDITOR INFORMATION
Secured Party(s) : STAR DIAMOND GROUP, INC.
1285 AVENUE OF THE AMERICA 34TH FL, NEW YORK, NY 10019
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A nationwide search of bankruptcy courts revealed no company filing under Ital Gold, Inc.
GENERAL COMMENTS
The company has been in operation since 1985. Ital Gold, Inc., is engaged as a wholesaler of jewelry, precious stones and metal. The payment record appears satisfactory and previous quarters reviewed showed a similar performance. Nothing of a derogatory nature was reported or noted.
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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