MIRA
INFORM REPORT
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Report Date : |
19th
January, 2007 |
IDENTIFICATION DETAILS
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Name : |
JEWELAMERICA INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
11.03.1999 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Manufacturer and Wholesaler of fine metal
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 : JEWELAMERICA INC.
Address :
City :
State/Province :
Zip Code : 10018
Country : UNITED STATES
Telephone : 212 220-4222
Facsimile : 212 220-7227
Legal Form : Corporation - Private
Website : www.jewelamerica.com
Maj. Shareholder : Mr. Zvi Wertheimer
@rating Opinion :
Business Activity : The Firm is a manufacturer and wholesaler of fine metal jewellery.
In KUSD As of : 31/12/2006
Sales / Revenue : 150,000
Net Income : 45,000
Total Equity :
Number of Employees : 735
NOTE TO CLIENT
The Banking, Financial, Officer, Employee, Branch and Shareholder section have been updated please take note.
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Person Contacted: Mr. Zvi Wertheimer, Vice President.
LEGAL
Legal Form : Corporation - Private
Since (D/M/Y) : 11/03/1999
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
Current Entity Name : JEWELAMERICA INC.
Initial DOS Filing Date : MARCH 11, 1999
County :
Jurisdiction :
Entity Type : DOMESTIC BUSINESS CORPORATION
Current Entity Status : ACTIVE
Selected
Entity Address Information DOS Process
JEWELAMERICA INC.
Principal
Executive Office
JEWELAMERICA INC.
Registered Agent : NONE
Managers/Key Personnel
Mr. Zvi Wertheimer President & Chief Executive Officer
Ms. Rachel Wertheimer Executive Vice President
Ms.
Mr. Barry Okun Chief Financial Officer
OWNERS
Mr. Zvi Wertheimer % Majority
Ms. Rachel Wertheimer Minority
Ms.
AFFILIATED ENTITIES
There are no affiliates or subsidiaries at this time.
Divisions
Oro Dall' Italia UNITED STATES
Jana Designs UNITED STATES
JewelAmerica Dominican UNITED STATES
The John Lennon Collection UNITED STATES
Jewelmont / Jene UNITED STATES
Baith Jewelry UNITED STATES
BANKS
HSBC
BANK
REHOBOTH MA 02769
Telephone : 508 252-5371
Facsimile :
Account Number : 610934422
Account Manager : Mr. Ed Gately
Policy prohibits the bank from releasing information concerning the bank's commercial customers.
Sovereign
Bank
One Financial Plaza
Telephone : 401 752-1432
Facsimile :
Account Number : 75860023417
Account Manager : Ms. Elizabeth Sousa
Balance : High 7 figures
Credit Line : Mid 8 figures
Rating : Excellent Account
PAYMENT HISTORY
BUSINESS DATE
LAST PAYMENT CREDIT BALANCE
CUR 1- 31- 61-
CATEGORY
REPTD
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
BUS SERVCS 07-01 00-00 NET 7 1900
1900 75 0
25 0 0
FREIGHT
06-12 00-00 NET 15 24000 3800
72 28 0
0 0
MANUFCTRNG 06-10 00-00 NET 30 71400
11000 89 11
0 0 0
PACKAGING
06-11 00-00 NET 30 1000 0
0 0 0
0 0 CUST
6 YR
AUTO LEASE 06-08 00-00 VARIED 42200
4600 100 0 0
0 0 CUST
6 YR
COMPUTERS
05-05 00-00 CREDIT 0 0
0 0 0
0 0 CUST 37 YR
COMPUTERS
06-06 06-05 0000000 33500
12700 0 54
46 0 0
ELEC MFG
04-03 03-02 NET 30 100 0
0 0 0 0 0
LEASING
05-01 05-01 NOTE 14300 12200
100 0 0 0 0
LEASING
07-01 00-00 CONTRCT 2600
400 100 0 0
0 0 CUST
2 YR
CURRENT QUARTER 98300 16700
83 14 3
0 0
Payment Trends
INDUSTRY BUSINESS BALANCE
CUR 1- 31- 61-
DATE
CUR DBT DBT $ %
30 60 90 91+
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--- --- --- -------- --- --- --- --- ---
20061200
0 0 2 16500 84
16 0 0 0
20061100
0 0 3 21100 77
23 0 0 0
20061000
0 0 1 21200 93
7 0 0 0
20060900
0 0 2 13700 87
13 0 0 0
20060800
0 0 4 14000 76
24 0 0 0
20060700
0 0 6 13800 62
38 0 0 0
Payment History -
Quarterly Averages
BALANCE CUR 1- 31- 61-
QUARTER
YEAR DBT $ %
30 60 90 91+
-------- ------ --- -------- --- --- --- --- ---
Fourth
2006 3 18000 81
18 1 0 0
Third
2006 2 16300 86
14 0 0 0
Second
2006 4 15100 73
27 0 0 0
First
2006 6 11400 57
43 0 0 0
Fourth
2005 12 27300 51
35 14 0 0
FINANCIAL INFORMATION
FINANCIAL FIGURES
Year-End (D/M/Y): 31/12/2006 31/12/2005 31/12/2005
Consolidated Consolidated
Sales / Revenues 150,000 140,000 -
RESULTS
Net Income 45,000 40,000 -
Mr. Wertheimer declined to provide financial statements, however provided the Firm's 2005 and 2006 annual sales.
CURRENT OPERATIONS
NAICS Code : 339911 Jewelry (except Costume) Manufacturing
SIC Code : 3911
NAICS Code : 42 Wholesale Trade
Number of Employees: 735
Business Activity
The Firm is a manufacturer and wholesaler of fine metal jewellery.
The Firm, through its' several divisions, offers a wide variety of fine jewellery and precious metals. The Firm inventory includes: rings, earrings, anklets, bracelets, pendants, necklaces, watches, other related jewelry. The Firm uses materials such as Gold, Silver, Platinum, Diamonds, Rubies, Emeralds, Sapphire and Pearls. Sales are to departments store, wholesale clubs, TV shopping channels and catalogs. The heading address is the Firm's headquarters and consists of 50,000 square feet of leased office space, warehouse and manufacturing facilities. The Firm also has an office at:
The Firm also has manufacturing facilities
in
PUBLIC RECORD
Name Searched : JEWEL
Debtor Address : JEWEL AMERICA INC.
JEWELAMERICA INC.
ORO DALL'ITALIA, INC.
Secured Parties : FLEET PRECIOUS METALS
Filing Date : 11/26/2003
Filing Number : 0311265544521
Filing Type : CONTINUATION
Original Filing Number : 99056100
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Name Searched : JEWEL
Debtor Address : JEWEL AMERICA INC.
Secured Parties : FLEET PRECIOUS METALS INC FLEET NATIONAL BANK
Filing Date : 8/16/2000
Filing Number : 00160354
Filing Type : AMENDMENT
Original Filing Number : 99056075
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Name Searched : JEWEL
Debtor Address : JEWEL AMERICA INC.
JEWEL AMERICA, INC.
ORO DALL'ITALIA, INC.
Secured Partie :
Filing Date : 11/25/2003
Filing Number : 0311255541004
Filing Type : AMENDMENT
Original Filing Number : 99056097
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Name Searched : JEWEL
Debtor Address : JEWEL AMERICA INC.
JEWEL AMERICA, INC.
ORO DALL'ITALIA, INC.
Secured Partie :
Filing Date : 11/25/2003
Filing Number : 0311255541028
Filing Type : CONTINUATION
Original Filing Number : 99056097
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Name Searched : JEWEL
Debtor Address : JEWEL AMERICA INC.
Secured Parties : FLEET PRECIOUS METALS INC.
Filing Date : 8/16/2000
Filing Number : 00160352
Filing Type : AMENDMENT
Original Filing Number : 99056057
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Name Searched : JEWEL
Debtor Address : JEWEL AMERICA INC.
Secured Parties : FLEET PRECIOUS METALS INC
Filing Date : 8/16/2000
Filing Number : 00160358
Filing Type : AMENDMENT
Original Filing Number : 99056072
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Name Searched : JEWEL
Debtor Address : JEWEL AMERICA INC.
Secured Parties : FLEET PRECIOUS METALS, INC. FLEET NATIONAL BANK
Filing Date : 8/16/2000
Filing Number : 00160362
Filing Type : AMENDMENT
Original Filing Number : 97179220
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Name Searched : JEWEL
Debtor Address : JEWEL AMERICA INC.
Secured Parties : FLEET PRECIOUS METALS INC FLEET NATIONAL BANK
Filing Date : 8/16/2000
Filing Number : 00160366
Filing Type : AMENDMENT
Original Filing Number : 97179219
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Name Searched : JEWEL
Debtor Address : JEWEL AMERICA INC
Secured Parties : FLEET PRECIOUS METALS INC FLEET NATIONAL BANK
Filing Date : 4/24/2002
Filing Number : 02094504
Filing Type : INITIAL FILING
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Name Searched : JEWEL
Defendant Counsel : UNKNOWN
Defendant : JEWEL AMERICA INC
Plaintiff Counsel : BURNS HANDLER & BURNS
1-212 -687-1300
Plaintiff : SCOTT COMPANIES INC
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Name Searched : JEWEL
Debtor Address : JEWEL AMERICA INC.
JEWELAMERICA INC.
ORO DALL'ITALIA, INC.
Secured Parties : FLEET PRECIOUS METALS
Filing Date : 11/26/2003
Filing Number : 0311265544482
Filing Type : CONTINUATION
Original Filing Number : 99056098
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Name Searched : JEWEL
Debtor Address : JEWEL AMERICA INC.
JEWELAMERICA INC.
ORO DALL'ITALIA, INC.
Secured Parties : FLEET PRECIOUS METALS
Filing Date : 11/26/2003
Filing Number : 0311265544494
Filing Type : AMENDMENT
Original Filing Number : 99056098
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Name Searched : JEWEL
Debtor Address : JEWEL AMERICA INC.
Secured Parties : FLEET PRECIOUS INC. FLEET NATIONAL BANK
Filing Date : 8/16/2000
Filing Number : 00160346
Filing Type : AMENDMENT
Original Filing Number : 99056100
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Name Searched : JEWEL
Debtor Address : JANA DESIGNS
JEWEL AMERICA INC.
JEWELAMERICA INC.
Secured
Filing Date : 11/26/2003
Filing Number : 0311265544367
Filing Type : AMENDMENT
Original Filing Number : 99056075
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Name Searched : JEWEL
Debtor Address : JEWEL AMERICA INC.
JEWELAMERICA INC.
ORO DALL'ITALIA, INC.
Secured Parties : FLEET PRECIOUS METALS
Filing Date : 11/26/2003
Filing Number : 0311265544533
Filing Type : AMENDMENT
Original Filing Number : 99056100
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Name Searched : JEWEL
Debtor Address : JEWEL AMERICA INC.
Secured Parties : FLEET PRECIOUS METALS INC
Filing Date : 8/16/2000
Filing Number : 00160350
Filing Type : AMENDMENT
Original Filing Number : 99056098
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Name Searched : JEWEL
Debtor Address : JANA DESIGNS
JEWEL AMERICA, INC.
JEWELAMERICA INC.
Secured
Filing Date : 11/25/2003
Filing Number : 0311255541612
Filing Type : CONTINUATION
Original Filing Number : 99056074
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Name Searched : JEWEL
Debtor Address : JANA DESIGNS
JEWEL AMERICA INC.
JEWELAMERICA INC.
Secured
Filing Date : 11/26/2003
Filing Number : 0311265544470
Filing Type : CONTINUATION
Original Filing Number : 99056075
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Name Searched : JEWEL
Debtor Address : JANA DESIGNS
JEWEL AMERICA INC.
JEWELAMERICA INC
Secured P
Filing Date : 11/26/2003
Filing Number : 0311265544507
Filing Type : CONTINUATION
Original Filing Number : 99056072
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Name Searched : JEWEL
Debtor Address : JANA DESIGNS
JEWEL AMERICA INC.
JEWELAMERICA INC
Secured P
Filing Date : 11/26/2003
Filing Number : 0311265544519
Filing Type : AMENDMENT
Original Filing Number : 99056072
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Name Searched : JEWEL
Debtors : JEWEL AMERICA INC.
Filing Date : 08/31/2000
Filing Number : 00PN43467
Filing Type : INITIAL FILING
Original Filing Number : 00PN43467
Secured Party : SOVEREIGN BANK
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Name Searched : JEWEL
Debtor Address : JEWEL AMERICA INC.
Secured Parties : FLEET PRECIOUS METALS INC.
Filing Date : 4/24/2002
Filing Number : 02094502
Filing Type : INITIAL FILING
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Name Searched : JEWEL
Debtor Address : JEWEL AMERICA INC.
Secured Parties : FLEET PRECIOUS METALS INC.
Filing Date : 4/24/2002
Filing Number : 02094500
Filing Type : INITIAL FILING
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Name Searched : JEWEL
Amount : $ 1,098.73
Creditor :
COMMISSIONER OF
- - - DEPARTMENT OF LABOR,
Debtors : JEWEL AMERICA INC
Docket Date : 11/01/2005
Docket Type : INDUSTRIAL COMMISSION WARR
Lien Type : JUDGMENTS DOCKET
Transaction Number : 31002058165
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Name Searched : JEWEL
Debtor Address : JANA DESIGNS
JEWEL AMERICA, INC.
JEWELAMERICA INC.
Secured
Filing Date : 11/25/2003
Filing Number : 0311255541600
Filing Type : AMENDMENT
Original Filing Number : 99056074
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No bankruptcy petitions were traced to the Firm, however there are legal actions filed against the Firm in public. The status is uncertain as no further information is currently available.
GENERAL COMMENTS
The Firm is a well established manufacturer of fine jewelry. The payment record is satisfactory. No bankruptcy petitions were traced to the Firm, however there are legal actions filed against the Firm in public records. The status is uncertain as no further information is currently available. The Firm is considered responsible for normal trade relations.
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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