MIRA
INFORM REPORT
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Report Date : |
08.01.2007 |
IDENTIFICATION
DETAILS
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Name : |
C & A DIAMONDS INTERNATIONAL LLC |
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Registered Office : |
558
East Main Street, Suite 101, Canfield, Ohio 44406 |
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Country : |
United
States |
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Financials (as on) : |
31/03/2007
(Projected) |
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Date of Incorporation : |
07/04/2005 |
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Legal Form : |
Limited
Liability Company |
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Line of Business : |
Engaged
in the import and distribution of diamonds and precious stones. It targets
jewellery stores and retailers in the market of the United States. |
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 : |
Good |
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Payment Behaviour : |
Regular
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE SUMMARY
Company Name: C
& A DIAMONDS INTERNATIONAL LLC
Address: 558
EAST MAIN STREET, SUITE 101
City: CANFIELD
State/Province: OHIO
Zip Code: 44406
Country: UNITED
STATES
Telephone: 330
533-9608
Facsimile: 330
533-9609
Legal Form: Limited
Liability Company
Website: www.cadiamonds.com
Maj. Shareholder: Mr.
Matthew Carlozzi
In KUSD As of: 31/03/2006
Sales / Revenue: 3,000
Net Income:
Total Equity:
Number of Employees: 9
Business Activity:
The Company engages in the import
and distribution of diamonds and precious stones. It targets jewellery stores
and retailers in the market of the United States.
NOTE TO CLIENT
PERSON CONTACTED:
Mr. Doug Carlson, Accounting
Manager.
LEGAL
Legal Form: Limited Liability
Company
Since (D/M/Y): 07/04/2005
State/Province of
Incorporation: DELAWARE
Status: ACTIVE
Previous Legal Form:
Company is NOT required to
publish an annual financial report.
The Company is incorporated in
Delaware under the following:
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Entity Name: C & A DIAMONDS INTERNATIONAL LLC
File Number: 3951560
Incorporation Date: 07-Apr-2005
Entity Kind: LIMITED LIABILITY
COMPANY (LLC)
Entity Type: GENERAL
Residency: DOMESTIC
State: DELAWARE
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REGISTERED AGENT: STELLAR
CORPORATE SERVICES LLC
Agent Address: 3500 SOUTH DUPONT
HIGHWAY
City: DOVER
County: KENT
State: DELAWARE
Postal Code: 19901
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The Company is qualified to do
business in Ohio as follows: --
Legal Name: C & A DIAMONDS INTERNATIONAL LLC
Registration Number: 1536147
Company Residency: Foreign
Company Type: Limited Liability
Company
Place of Jurisdiction: Delaware
Date of Qualification:
14-Apr-2005
Registration Status: ACTIVE
Registered Agent: Matt Carlozzi
Agent's Address: 558 East Main
Street # 101
Canfield, OH 44406
Managers/Key Personnel
Mr. Matthew Carlozzi President
Mr. Doug Carlson Accounts Manager
OWNERS
Mr. Matthew Carlozzi % Majority
AFFILIATED ENTITIES
M & M Holding
BANKS
SKY BANK
108 Main Ave., SW
Warren, Ohio 44482
Telephone: 330 841-0400
Facsimile: 330 841-0219
Account Number:
Account Manager: Mr. Stanley
Feret
The Subject lists the above bank
as the primary bank of use. A request for detailed account information has been
forwarded to the bank. It often takes a
few days before a response is received. Additional info that becomes available
will be included in this
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 2 YR
AIR TRANS 06-09 06-09 0000000 2600
1000 100 0 0
0 0 CUST 13 YR
FINCL SVCS 06-10 02-08 NET 30 200
0 0 0
0 0 0
MANUFCTRNG 06-08 00-00 NET 30 100
0 0 0
0 0 0
PACKAGING 06-10 00-00 NET 30 0 0 0 0 0
0 0
BUS SERVCS 06-02 00-00 NET 7 0
0 0 0
0 0 0
FINCL SVCS 04-12 00-00 VARIED 200
0 0 0
0 0 0 CUST 2 YR
GENERAL 05-02 04-04 NET 30
500 500 0
0 100 0 0
CUST 1 YR
CURRENT QUARTER 2900 1000 100 0 0
0 0
Payment Trends
INDUSTRY BUSINESS BALANCE CUR 1- 31- 61-
DATE CUR DBT DBT $ % 30
60 90 91+
-------- --- --- --- -------- --- --- --- --- ---
20061000 0 5 0
1000 100 0
0 0 0
20060900 0 5 0 800 100 0 0
0 0
20060800 0 6 0 2600 100 0 0
0 0
20060700 0 6 0 2000 100 0 0
0 0
20060600 0 5 0 2600 100
0 0
0 0
20060500 0 5 0 2600 100 0 0
0 0
Payment History - Quarterly Averages
BALANCE CUR 1-
31- 61-
QUARTER
YEAR DBT $ % 30 60
90 91+
-------- ------ --- -------- --- --- --- --- ---
Third
2006 0 1500 100 0 0 0
0
Second
2006 0 2400 100 0 0 0
0
First
2006 0 900 100 0 0 0
0
Fourth
2005 0 100 100 0 0 0
0
Third
2005 0 0 0 0 0
0 0
FINANCIAL INFORMATION
FINANCIAL FIGURES
Year-End (D/M/Y): 31/03/2007 31/03/2006 31/03/2006
Projected Consolidated
Sales / Revenues 5,000 3,000 -
The Subject reports annual sales
for the fiscal year 2005 in the US $3 million range. It projects that annual sales for the fiscal year 2006 will close
in the US $5 million range. The Company
is profitable.
CURRENT OPERATIONS
NAICS Code: 42194
Jewellery, Watch, Precious Stone and Precious Metal
SIC Code: 5094
Number of Employees: 9
Business Activity:
The Company engages in the import
and distribution of diamonds and precious stones. It targets jewelry stores and
retailers in the market of the United States.
- - -
The heading address is the
Company headquarters and sole location and serves as an administrative office
and small warehouse. The property is
leased by the Company and owned by an affiliated company, M & M Holding.
PUBLIC RECORD
A search of public failed to
reveal any Uniform Commercial Codes, tax liens, legal actions, or bankruptcy
petitions at this time.
GENERAL COMMENTS
C & A Diamonds International LLC, incorporated in 2005 in the state
of Delaware, engages as a distributor of diamonds & precious stones. A payment record appears in
excellent condition. A search of public records failed to reveal any negative
filings against the firm. The Company appears responsible for normal business.
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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