MIRA
INFORM REPORT
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Report Date : |
09.01.2007 |
IDENTIFICATION
DETAILS
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Name : |
GEMS
INTERNATIONAL OF CALIFORNIA |
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Registered Office : |
550 South Hill Street, Suite 925, Los Angeles, California 90013 |
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Country : |
United
States |
RATING & COMMENTS
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MIRA’s Rating : |
NR (No
Rating) – Insufficient Information |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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Status : |
Undetermined |
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Payment Behaviour : |
-- |
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Litigation : |
-- |
IDENTIFICATION & EXECUTIVE SUMMARY
Company
Name : GEMS
INTERNATIONAL OF CALIFORNIA
Address : 550 SOUTH
HILL STREET, SUITE 925
City : LOS
ANGELES
State/Province : CALIFORNIA
Zip
Code :
90013
Country : UNITED
STATES
Telephone : 213 623-5370
Facsimile : 213 623-8737
Legal
Form :
Website : No Web Site
Business
Activity :
As
of :
Sales
/ Revenue :
Net
Income :
Total
Equity :
IMPERATIVES
Attempts
to learn about the Subject were not successful. We found no trade name or corporate
registrations that could be tied to the Subject. Numerous trade and corporate
registrations were found under similar names. The Subject may be a sole
proprietor with no registration, however this could not be confirmed.
The
following listing was found through an outside source:
GEMS
INTERNATIONAL OF CALIFORNIA
550
S. HILL STREET SUITE 925
LOS
ANGELES CA 90013 USA
Phone : 213-623-5370
Fax : 213-623-8737
Tanzanite,
Emerald, Ruby, Sapphire, Tourmaline And Diamond In All Sizes And Shapes. Also
Pearls-Loose And Strands. The Subject is reported to be engaged in the
importing and wholesaling of gems,
diamonds,
and related products.
This
phone number was contacted and confirmed to be that of Gems International of
California. We spoke with Mr. Daggar (spelling not confirmed) who declined to
confirm or provide any information on the Subject. We explained that this
request originates from India, this did not have any bearing on Mr. Daggar's
willingness to assist us. Mr. Daggar accepted a fax from us, if he replies with
information this report will be ammended at that time. Mr. Daggar did no
comment on the Subject's legal name or status.
Outside
sources such as: telephone directories, information services, internet search
engines, and others could not offer any further information on the Subject's
operational or financial condition. While we have confirme that they are an
active business entity, we have no solid information on their condition.
We
found no public record filings in the Subject's name, including bankruptcy or
other such derogatory filings. The following payment history was found for the
Subject at the heading address:
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
AIR TRANS 06-08 06-08
0000000 100 100 100 0
0 0 0 CUST 24 YR
BANK 06-10 06-08
CONTRCT 100100 0 0
0 0 0 0
COMPUTERS 06-11 06-04
CREDIT 15000 0 0 0
0 0 0
PACKAGING 06-11 00-00 NET
30 0 0 0 0
0 0 0 CUST 2 YR
BUS SERVCS 06-03 06-03 NET 30
0 0 0 0
0 0 0
GENERAL 05-02 04-09 NET
30 500 0 0 0
0 0 0 CUST 7 YR
CURRENT QUARTER
115200 100 100 0
0 0 0
Payment Trends
INDUSTRY
BUSINESS BALANCE CUR 1-
31- 61-
DATE CUR DBT
DBT $ %
30 60 90 91+
-------- --- ---
--- -------- --- --- ---
--- ---
20061100 0 5 0 100 100 0
0 0 0
20061000 0 5 0 100 100 0
0 0 0
20060900 0 5 0 200 100 0
0 0 0
20060800 0 6 0 0 0
0 0 0 0
20060700 0 6 0 1000 100 0
0 0 0
20060600 0 5
0 1000 100
0 0
0 0
Payment
History - Quarterly Averages
BALANCE CUR 1-
31- 61-
QUARTER YEAR DBT $ % 30
60 90 91+
-------- ------
--- -------- --- --- --- --- ---
Third 2006 0 0 0 0
0 0 0
Second 2006 0 33800 100 0 0
0 0
First 2006 0 35400 100 0 0
0 0
Fourth 2005 0
36100 100 0 0
0 0
Third 2005 0 38500 100 0 0
0 0
In the absence of a reply from mangement our
research has reached an impasse.
LEGAL
Legal
Form:
Previous
Legal Form:
Company
is NOT required to publish an annual financial report.
FINANCIAL INFORMATION
Financial
information was not immediately available.
CURRENT OPERATIONS
NAICS
Code: 99 Unclassified Establishments
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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