MIRA
INFORM REPORT
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Report Date : |
09.01.2007 |
IDENTIFICATION
DETAILS
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Name : |
SIMPLY
DIAMONDS, INC. |
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Registered Office : |
589 5th Avenue, Suite 903, New York 10017 |
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Country : |
United
States |
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Date of Incorporation : |
06.05.1999 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Importer and Wholesaler of Diamonds. |
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 : SIMPLY DIAMONDS, INC.
Address : 589 5TH AVENUE, SUITE 903
City : NEW YORK
State/Province : NEW YORK
Zip
Code : 10017
Country : UNITED STATES
Telephone : 212 751-2575
Facsimile : 212 751-2660
Legal
Form : Corporation - Private
Website : No Web Site
@rating
Opinion :
Business
Activity : The Company is an importer
and wholesaler of diamonds.
As
of :
Sales
/ Revenue :
Net
Income :
Total
Equity :
NOTE TO CLIENT
NOTE:
LEGAL
NAME : SIMPLY DIAMONDS, INC.
ORDERED
NAME : SIMPLY DIAMONDS INC.
Person
Contacted: Accounting Manager, no name
provided. He verified the legal name,
address, fax number, and business activity before deferring all other
information to Mr. Roopam Jain, President.
Mr. Jain was out of the office for the week of this report. A fax request was sent to Mr. Jain to obtain
this information.
LEGAL
Legal
Form :
Corporation - Private
Since
(D/M/Y) : 06/05/1999
State/Province
of Incorporation : NY
Status :
ACTIVE
Previous
Legal Form:
Company
is NOT required to publish an annual financial report.
The
Company incorporated in New York under the following registration:
Current
Entity Name : SIMPLY
DIAMONDS, INC.
Initial
DOS Filing Date : MAY 06,
1999
County : NEW YORK
Jurisdiction : NEW YORK
Entity
Type :
DOMESTIC BUSINESS CORPORATION
Current
Entity Status : ACTIVE
Selected
Entity Address Information DOS Process (Address to which DOS will mail process
if accepted on behalf of the entity)
SIMPLY
DIAMONDS, INC.
589
5TH AVE SUITE 903
NEW
YORK, NEW YORK, 10017-0709
Chairman
or Chief Executive Officer
ROOPAM
JAIN
589
5TH AVE SUITE 903
NEW
YORK, NEW YORK, 10017-0709
Principal
Executive Office
SIMPLY
DIAMONDS, INC.
589
5TH AVE SUITE 903
NEW
YORK, NEW YORK, 10017-0709
Registered
Agent: NONE
Managers/Key Personnel
Mr.
Roopam Jain
President
The
Company has no known subsidiaries or affiliates.
BANKS
NY
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
The
accounting manager declined to provide financial information for this
report. If we receive a fax response
from Mr. Jain, 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 an importer and wholesaler of diamonds.
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 New York in 1999, is engaged as a wholesaler of
diamonds. 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 may responsible for normal business transactions, however, we could not
learn enough information to make this determination.
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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