MIRA
INFORM REPORT
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Report Date : |
1st
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
THE
DIAMOND CONNECTION CORPORATION |
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Registered Office : |
36 Northeast 1st Street, Ste. 515, Seybold Building, Miami, Florida 33132, United States |
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Country : |
United States |
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Date of Incorporation : |
30.11.1992 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Wholesaler of loose diamonds. |
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 : THE DIAMOND CONNECTION CORPORATION
Address : 36 NORTHEAST 1ST STREET, STE. 515, SEYBOLD BUILDING
City : MIAMI
State/Province : FLORIDA
Zip Code : 33132
Country : UNITED STATES
Telephone : 305 373-9049
Facsimile : 305 377-8375
Legal Form : Corporation - Private
Website : N/A
Maj. Shareholder : Mr. Avinash Thakor
@rating Opinion :
Business Activity : The Company is a wholesaler of loose diamonds.
Founded (D/M/Y) : / /1992
As of :
Sales / Revenue :
Net Income :
Total Equity :
Number of Employees : 2
NOTE TO CLIENT
Person Contacted: Mr. Avinash Thakor, President and Owner. Mr. Thakor verified and updated the information presented to him.
LEGAL
Legal Form : Corporation - Private
Since (D/M/Y) : 30/11/1992
State/Province of Incorporation : FL
Status : ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
The Company incorporated in Florida under the following registration:
THE DIAMOND CONNECTION CORPORATION
PRINCIPAL ADDRESS
36 N.E. 1ST STREET., #515
MIAMI FL 33132
Changed 02/19/2001
Document Number : P92000007649
FEI Number : 650371548
Date Filed : 11/30/1992
State : FL
Status : ACTIVE
Effective Date : NONE
Last Event : NAME CHANGE AMENDMENT
Event Date Filed : 06/24/1996
Event Effective Date : NONE
THAKOR, AVINASH K
36 N.E. 1ST STREET., #515
MIAMI FL 33132
Address Changed : 02/19/2001
Managers/Key Personnel
Mr. Avinash Thakor President
OWNERS
Mr. Avinash Thakor 100.00% Majority
AFFILIATED ENTITIES
The Company has no subsidiaries or affiliates.
BANKS
FL
Telephone:
Facsimile:
Account Number:
Account Manager:
Mr. Thakor declined to provide a bank name for this report.
PAYMENT HISTORY
No local trade credit payment were found for the Subject at this time.
FINANCIAL INFORMATION
Mr. Thakor declined to provide any financial statement information for this report, citing company policy.
CURRENT OPERATIONS
NAICS Code: 42194 Jewelry, Watch, Precious Stone and Precious Metal
SIC Code: 5094
Number of Employees: 2
Business Activity
The Company is a wholesaler of loose diamonds.
The Company imports from India and distributes throughout the United States.
The heading address is the sole location for the Subject. The facility consists of leased office space.
TRADE REFERENCES
Mr. Thakor declined to provide trade references for this report, citing company policy.
PUBLIC RECORD
A search of public records revealed no derogatory information, Uniform Commercial Codes, or bankruptcy petitions.
GENERAL COMMENTS
The Subject, founded in 1992, is engaged as a wholesaler of loose diamonds. No payment record was found for the Subject, however, the operating history is clear. No derogatory information or bankruptcy petitions were reported or noted. The Company is responsible for normal business transactions.
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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