MIRA
INFORM REPORT
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Report Date : |
10.01.2007 |
IDENTIFICATION
DETAILS
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Name : |
DIAMOND
CONCEPTS, INC. |
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Registered Office : |
550 South Hill Street Suite 978, Los Angeles, California 90013 |
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Country : |
United
States |
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Date of Incorporation : |
21.05.2001 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Engaged
as 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 : |
Regular
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE SUMMARY
Company
Name : DIAMOND CONCEPTS, INC.
Trade
Name(s) : Diome Ventures
Address : 550 SOUTH HILL STREET SUITE
978
City : LOS ANGELES
State/Province : CALIFORNIA
Zip
Code : 90013
Country : UNITED STATES
Telephone : 213 623-6520
Facsimile : 213 623-6521
Legal
Form : Corporation - Private
Website : No Website
Maj.
Shareholder : Mr. Milan Parekh
Business
Activity : DIAMOND CONCEPTS, INC. is
engaged as a wholesaler of jewelry.
As
of :
Sales
/ Revenue :
Net
Income :
Total
Equity :
NOTE TO CLIENT
We
tried several times a day over several days to contact the Subject.
We
also left several messages on the Company voicemail. However, we could not
contact management. Thus, the information in this report could not be confirmed
by management.
LEGAL
Legal
Form :
Corporation - Private
Since
(D/M/Y) : 21/05/2001
State/Province
of Incorporation : CA
Status :
ACTIVE
Previous
Legal Form:
Company
is NOT required to publish an annual financial report.
The
Company is incorporated in the State of California.
Corporation
DIAMOND
CONCEPTS, INC.
Number : C2312833
Date
Filed : 5/21/2001
Status : active
Jurisdiction : California
Address
550
SOUTH HILL ST STE #978
LOS
ANGELES, CA 90013
Agent
for Service of Process
MILAN
A PAREKH
550
SOUTH HILL ST STE #978
LOS
ANGELES, CA 90013
Managers/Key Personnel
Mr.
Milan Parekh President
OWNERS
Mr.
Milan Parekh
% Majority
AFFILIATED ENTITIES
As
far as could be determined, there are no known affiliates or subsidiaries.
BANKS
FIRST
AMERICAN BANK
P.O.
Box 0794
Elk
Grove Village IL 60007
Telephone : 847 952-3700
Facsimile :
Account
Number :
Account
Manager :
Listed
as a secured party. Requires a signed authorization which was declined.
PAYMENT HISTORY
BUSINESS DATE LAST
PAYMENT CREDIT BALANCE CUR 1-
31- 61-
CATEGORY REPTD SALE TERMS
$ $ %
30 60 90 91+ COMMENTS
---------- ----- ----- ------- -------- -------- --- --- --- ---
--- --------
BANK 05-06 05-06
CONTRCT 20300 20100 100 0
0 0 0
INSURANCE 02-07 00-00 NET
30 500 300 100 0 0
0 0
WATER PROD 03-06 00-00 NET 30
0 0 0
0 0 0 0 CUST
2 YR
CURRENT QUARTER
20300 20100 100 0
0 0 0
FINANCIAL INFORMATION
We
could not obtain any financial information about the Subject.
CURRENT OPERATIONS
NAICS
Code : 42194 Jewelry, Watch, Precious Stone and
Precious Metal
SIC
Code : 5094
Business Activity
DIAMOND
CONCEPTS, INC. is engaged as a wholesaler of jewelry.
The
company is also involved in fashion watch manufacturing.
The
heading address is the headquarters and sole location for the subject company.
The location is leased.
PUBLIC RECORD
The
following UCC filings were filed by the Subject.
Name
Searched : DIAMOND CONCEPTS INC
Debtors : DIAMOND CONCEPTS, INC.
[BUSINESS]
550 S. HILL STREET SUIT 1357, LOS ANGELES,
CA 90013
Filing
Date : 04/11/2003
Filing
Number : 0310460440
Secured
Party : FIRST AMERICAN BANK
[BUSINESS]
P.O. BOX 549 ROSEMEAD, CA 91770-0549
Status : UNLAPSED
Type : FINANCING STATEMENT
No
liens, judgments or bankruptcy filings found:
GENERAL COMMENTS
DIAMOND
CONCEPTS, INC. is established with operations dating from May 2001.
Payments
appear to be made on time. The operation history is clear. The firm is
considered to be responsible for normal business transactions at this time.
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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