MIRA
INFORM REPORT
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Report Date : |
15th
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
HV DIAMONDS INC. |
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Registered Office : |
606 South Hill Street Suite #1014, Los Angeles, California 90014, United States |
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Country : |
United States |
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Date of Incorporation : |
29.01.2001 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Importer and Wholesaler of Jewellery. |
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/normal. |
Small |
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Status : |
New
Company |
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Payment Behaviour : |
Usually
Correct |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name : HV DIAMONDS INC.
Address : 606 SOUTH HILL STREET SUITE #1014
City : LOS ANGELES
State/Province : CALIFORNIA
Zip Code : 90014
Country : UNITED STATES
Telephone : 213 612-0324
Facsimile : 213 612-0624
Legal Form : Corporation - Private
Website : N/A
@rating Opinion :
Business Activity : The Firm is a importer and wholesaler of jewelry.
As of :
Sales / Revenue :
Net Income :
Total Equity :
Number of Employees : 10
NOTE TO CLIENT
Person Contacted: Mr. Mehul Dalal, Owner and President.
Mr. Dalal declined to provide any information, therefore the details in this report could not be confirmed.
LEGAL
Legal Form : Corporation - Private
Since (D/M/Y) : 29/01/2001
State/Province of Incorporation : CA
Status : ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
The Firm is incorporated in California under the following:
H.V. DIAMONDS, INC.
Number : C2304201
Date Filed : 1/29/2001
Status : Active
Jurisdiction : California
Address : 606 S HILL ST #1014, LOS ANGELES, CA 90014
Agent for Service of Process
MEHUL DALAL
606 S HILL ST #1014
LOS ANGELES, CA 90014
Managers/Key Personnel
Mr. Mehul Dalal President
AFFILIATED ENTITIES
There are no affiliates or subsidiaries at this time.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
Management declined to provide the name of the Firm's primary bank and outside sources provided no additional information.
PAYMENT HISTORY
The Firm is not a large seeker of local trade credit as such a payment record could not be developed.
FINANCIAL INFORMATION
Mr. Mehul Dalal declined to provide financial statements or annual sales, therefore the Firm's condition could not be evaluated. A written inquiry was sent via fax, if Mr. Dalal responds the report will be updated.
CURRENT OPERATIONS
NAICS Code: 42194 Jewelry, Watch, Precious Stone and Precious Metal
SIC Code: 5094
Number of Employees: 10
Business Activity
The Firm is a importer and wholesaler of jewellery.
The Firm offers rings, necklaces, earrings, pendants and other jewellery.
The provided address is the Firm's sole location.
PUBLIC RECORD
No Uniform Commercial Codes, tax liens or bankruptcy petitions were traced to the Firm.
GENERAL COMMENTS
The Firm is a newly established importer and wholesaler of jewelry. The Firm is not a large seeker of local trade credit as a payment record could not be developed. No Uniform Commercial Codes, tax liens or bankruptcy petitions were traced to the Firm. Due to the lack of information provided by management, the total condition of the Firm cannot be evaluated. We believe the Company to be suitable for normal business transactions on a limited or secured basis.
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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