MIRA
INFORM REPORT
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Report
Date : |
10.01.2007 |
IDENTIFICATION
DETAILS
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Name : |
A-ONE GEMS INC |
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Registered
Office : |
10th West 46th
Street Suite 1305, New York 10036, United States |
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Date
of Incorporation : |
16/08/1991 |
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Legal
Form : |
Corporation -
Private |
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Line
of Business : |
Wholesalers of fine
jewelry |
RATING & COMMENTS
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MIRA’s
Rating : |
Ba |
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
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Clear |
IDENTIFICATION
& EXECUTIVE SUMMARY
Company Name: A-ONE GEMS INC.
Address: 10TH WEST 46TH STREET
SUITE 1305
City: NEW YORK
State/Province: NEW
YORK
Zip Code: 10036
Country: UNITED STATES
Telephone: 212 391-2474
Facsimile: 212 391-2478
Legal Form: Corporation - Private
Website: www.a1gems.com
As of:
Sales / Revenue:
Net Income:
Total Equity:
Business Activity: The
Firm is a wholesaler of fine jewelry.
NOTE
TO CLIENT
Person Contacted: Mr. Nilesh Patel, President.
Mr. Patel declined to provide any information, therefore the
details in this report could not be confirmed.
LEGAL
Legal Form: Corporation - Private
Since (D/M/Y):
16/08/1991
State/Province of Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
The Firm is incorporated in New York under the following:
Current Entity Name: A-ONE GEMS, INC.
Initial DOS Filing Date: AUGUST 16, 1991
County: NEW YORK
Jurisdiction: NEW YORK
Entity Type: DOMESTIC BUSINESS CORPORATION
Current Entity Status: ACTIVE
Selected Entity Address Information DOS Process
NILESH PATEL
10 WEST 46TH STREET SUITE 1305
NEW YORK, NEW YORK, 10036
Principal Executive Office
NILESH PATEL
10 WEST 46TH STREET SUITE 1305
NEW YORK, NEW YORK, 10036
Registered Agent: NONE
Managers/Key
Personnel
Mr. Nilesh Patel President
AFFILIATED
ENTITIES
There are no affiliates or subsidiaries at this time.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
Management declined to provide the name of the Firm's primary
bank and outside sources provided no additional information.
PAYMENT
HISTORY
BUSINESS DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY REPTD SALE TERMS $
$ % 30
60 90 91+ COMMENTS
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
AIR TRANS 06-02 06-02 UNK
18200 18200 76
24 0 0 0 CUST
6 YR
BUS SERVCS 06-02 06-02 NET 30 0
0 0 0
0 0 0
BUS SERVCS 06-04 00-00 NET 7 500
500 66 0
34 0 0
PACKAGING 06-04 00-00 NET 30 0 0 0 0 0
0 0
AUTO LEASE 06-02 00-00 VARIED 29200
21100 100 0 0
0 0 CUST 6 YR
CELLUL/PAG 05-01 04-12 NET 30 1500
0 0 0
0 0 0 CUST 3 YR
CELLUL/PAG 05-06 05-05 NET 30 600
0 0 0
0 0 0 CUST 4 YR
FINCL SVCS 04-05 04-02 CONTRCT 0 0 0 0 0
0 0 SATSFTRY
GENERAL 05-02 03-05 NET 30 0 0 0 0 0
0 0 CUST 6 YR
LEASING 04-05 00-00 CONTRCT 10700
0 0 0
0 0 0 CUST 1 YR
OFFC SUPPL 03-06 03-06 NET 30 200
200 100 0 0
0 0 CUST 11 YR
TELECOM 05-06 00-00 NET 30
0 0 0 0 0
0 0
CURRENT QUARTER 18700 18700
76 23 1 0 0
Payment Trends
INDUSTRY
BUSINESS BALANCE CUR 1-
31- 61-
DATE CUR DBT DBT $ % 30
60 90 91+
-------- --- --- --- -------- --- --- --- --- ---
20060400 0 5 4 18300 76 24
0 0 0
20060300 0 5 4 18300 76 24
0 0 0
20060200 0 5 0 200 100 0 0
0 0
20060100 0 5
0 400 100 0
0 0 0
20051200 0 5 0 200 100 0 0
0 0
20051100 0 4 0 100 100 0 0
0 0
Payment History - Quarterly Averages
BALANCE CUR 1-
31- 61-
QUARTER
YEAR DBT $ % 30 60
90 91+
-------- ------ --- -------- --- --- --- --- ---
First
2006 4 12300 76 24 0
0 0
Fourth
2005 0 200 100 0 0 0
0
Third
2005 0 200 100 0 0 0
0
Second
2005 0 0 0 0 0
0 0
First
2005 0 0 0 0 0
0 0
FINANCIAL
INFORMATION
Mr.
Patel declined to provide financial statements or annual sales, therefore the
Firm's condition could not be evaluated. A written inquiry was sent via fax, if
he responds the report will be updated at that time.
CURRENT
OPERATIONS
NAICS
Code: 42194 Jewelry, Watch, Precious Stone and
Precious Metal
SIC
Code: 5094
Business
Activity:
The
Firm is a wholesaler of fine jewelry.
The
Firm offers a wide variety of precious stones, and specializes in loose
diamonds.
The Firm offers various shapes of diamonds including: round, Marquise, Pear,
Oval, Emerald, Heart, Princess, Tapered &
Baguettes, Trillion, and Kite. The Firm also provides promotional and
specially customed jewelry including: earrings, pendants, necklaces, rings and
bracelets.
The
provided address is believed to be the Firm's sole location.
PUBLIC
RECORD
No
Uniform Commercial Codes, tax liens or bankruptcy petitions were traced to the
Firm.
GENERAL
COMMENTS
The
Firm is a well established wholesaler of fine jewelry. The payment record is
satisfactory. No Uniform Commercial Codes, tax liens or bankruptcy petitions
were traced to the Firm. The Firm is considered responsible for normal trade
relations.
RATING EXPLANATIONS
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 |