MIRA
INFORM REPORT
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Report Date : |
18.01.2007 |
IDENTIFICATION DETAILS
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Name : |
TWINKLEDIAM
INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
09/07/1997 |
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Legal Form : |
Corporation
– Private |
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Line of Business : |
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 : |
Unknown
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company
Name : TWINKLEDIAM INC.
Address : 529 5TH AVENUE 16TH
FLOOR
City :
State/Province :
Zip Code : 10017
Country : UNITED STATES
Telephone : 212-490-3131
Facsimile : 212-460-4141
As of :
Sales /
Revenue :
Net
Income :
Total
Equity :
Number
of Employees : 3
Legal
Form : Corporation - Private
Website : No website.
Business
Activity : The Company is
engaged as a wholesaler of diamonds.
NOTE TO CLIENT
Mr.
Parag Vora, President, provided the following information contained in this
report.
LEGAL
Legal
Form :
Corporation - Private
Since
(D/M/Y) :
09/07/1997
State/Province
of Incorporation : NY
Status : ACTIVE
Previous
Legal Form:
Company
is NOT required to publish an annual financial report.
The
Company is incorporated in
TWINKLEDIAM
INC.
Initial
DOS Filing Date: JULY 09, 1997
County:
Jurisdiction:
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)
TWINKLEDIAM
INC.
Chairman or Chief Executive Officer
PARAG
VORA
Principal Executive Office
TWINKLEDIAM
INC.
Registered Agent
NONE
Managers/Key
Personnel
Mr.
Parag Vora
President
AFFILIATED ENTITIES
Management
reports no affiliates or subsidiaries.
BANKS
NY
Telephone:
Facsimile:
Account
Number:
Account
Manager:
Management
declined to provide the name of the Company's primary bank.
PAYMENT HISTORY
The firm
does not appear to be a seeker of local trade credit as a significant payment
record could not be developed.
FINANCIAL INFORMATION
Management
declined to provide detailed financial information however they did indicate an
annual net sales range between USD20-25 million.
CURRENT OPERATIONS
NAICS
Code: 44831 Jewelry Stores
SIC
Code: 5944
Number
of Employees: 3
Business Activity:
The
Company is engaged as a wholesaler of diamonds.
The
heading address is the headquarters and sole location of the Company.
TRADE REFERENCES
The
Company does not have any significant creditors in North America or the
PUBLIC RECORD
A
Nationwide search of public and bankruptcy courts revealed no Uniform
Commercial Codes, tax liens, legal actions or bankruptcy filings under the
Subject's name.
GENERAL COMMENTS
Incorporated
in 1997, the Subject is an established wholesaler of diamonds. No payment
records were found and a search of public records and bankruptcy courts
revealed no derogatory information or record of the Company filing a bankruptcy
petition.
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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