MIRA
INFORM REPORT
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Report Date : |
09.01.2007 |
IDENTIFICATION
DETAILS
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Name : |
VSM
GEMS, INC. |
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Registered Office : |
1584 Roswell Road, Marietta, Georgia 30062 |
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Country : |
United
States |
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Date of Incorporation : |
09.10.2003 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
The Company is a wholesaler of jewellery. |
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 : |
Unknown
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE SUMMARY
Company
Name : VSM GEMS, INC.
Address : 1584 ROSWELL ROAD
City : MARIETTA
State/Province : GEORGIA
Zip
Code : 30062
Country : UNITED STATES
Telephone : 478-335-5371
Facsimile : 678-475-2243
Legal
Form : Corporation - Private
Website : N/A
@rating
Opinion :
Business
Activity : The Company is a
wholesaler of jewelry.
As
of :
Sales
/ Revenue :
Net
Income :
Total
Equity :
NOTE TO CLIENT
NOTE::
LEGAL NAME: VSM GEMS, INC.
ORDERED
NAME: VSM GEMS INC.
Person
Contacted: Mr. Kunal Kochar,
Officer. Mr. Kochar verified the legal
name, address, fax number, business activity, and the name of the president
before requesting a fax form to provide additional information.
No
other information in this report was confirmed by management.
An
employment figure could no be learned at this time.
LEGAL
Legal
Form :
Corporation - Private
Since
(D/M/Y) : 09/10/2003
State/Province
of Incorporation : GA
Status :
ACTIVE
Previous
Legal Form:
Company
is NOT required to publish an annual financial report.
The
Company incorporated in Georgia under the following registration:
Name :
VSM GEMS, INC.
Name
Type :
Current Name
Profit
Corporation - Domestic - Information
Control
No. :
0355622
Status :
Active/Compliance
Entity
Creation Date :
10/9/2003
Jurisdiction :
GA
Principal
Office Address :
19209 SUGARLOAF RESERVE DR DULUTH GA 30097
Principal
Mailing Address :
No Address
Last
Annual Registration Filed Date :
3/9/2006
Last
Annual Registration Filed :
2006
Registered
Agent
Agent
Name :
JAMES M. DUNN, P.C.
Office
Address :
102 MACY DRIVE ROSWELL GA 30076
Agent
County :
GWINNETT
Managers/Key Personnel
Mr.
Mitesh Kochar
President
Mr.
Kunal Kochar
Officer
The
Company has no known subsidiaries or affiliates.
BANKS
GA
Telephone:
Facsimile:
Account
Number:
Account
Manager:
A
bank name could not be learned at this time.
PAYMENT HISTORY
No
local trade credit payment were found for the Subject at this time.
FINANCIAL INFORMATION
Mr.
Kochar declined to provide financial statement information for this report over
the phone. A fax was sent to him for
this information. If we receive a
response, we will amend the report accordingly.
CURRENT OPERATIONS
NAICS
Code : 42194 Jewelry, Watch, Precious Stone and
Precious Metal
SIC
Code : 5094
Business Activity
The
Company is a wholesaler of jewelry.
The
heading address is believed to be the sole location for the Subject.
TRADE REFERENCES
A
fax was sent to the Company for trade references. If we receive a response, we will amend the report accordingly.
PUBLIC RECORD
A
search of public records revealed no derogatory information, Uniform Commercial
Codes, or bankruptcy petitions.
GENERAL COMMENTS
The
Subject, incorporated in Georgia in 2003, is engaged as a jewelry
wholesaler. 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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