MIRA
INFORM REPORT
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Report Date : |
23rd
January, 2007 |
IDENTIFICATION
DETAILS
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Name : |
D.N. GEMS CORPORATION |
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Registered Office : |
580 5th Avenue Suite #1512, New York 10036, United States |
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Country : |
United States |
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Date of Incorporation : |
06/12/1989 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Wholesaler of jewellery and loose
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 : D.N. GEMS CORPORATION
Trade Name(s) : InterJewels
Address : 580 5TH AVENUE SUITE #1512
City : NEW YORK
State/Province : NEW YORK
Zip Code : 10036
Country : UNITED STATES
Telephone : 212-869-7801
Facsimile : 212-869-4062
Legal Form : Corporation - Private
Website : www.interjewel.com
@rating Opinion :
Business Activity : The Company is a wholesaler of jewelry and loose diamonds.
Founded (D/M/Y) : / /1989
As of :
Sales / Revenue :
Net Income :
Total Equity :
NOTE TO CLIENT
Person Contacted: Mr. Amit Shah, Controller. Mr. Shah verified basic information over the phone and requested a fax to provide additional information about the Company.
Mr. Sanjay Kothari, the President, is believed to be the owner of the Company, however, this could not be confirmed.
An employment figure could not be obtained.
LEGAL
Legal Form : Corporation - Private
Since (D/M/Y) : 06/12/1989
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:
Entity Name : D.N. GEMS CORPORATION
Initial DOS Filing Date : DECEMBER 06, 1989
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)
D.N. GEMS CORPORATION
580 5TH AVE
STE #1512
NEW YORK, NEW YORK, 10036
Principal
Executive Office
D.N. GEMS CORPORATION
580 5TH AVE
STE #1512
NEW YORK, NEW YORK, 10036
Registered Agent : NONE
Managers/Key Personnel
Mr. Sanjay Kothari President
Mr. Amit Shah Controller
AFFILIATED ENTITIES
The following are affiliated entities of the Subject.
D. NAVINCHANDRA & CO. Mumbai, India
Dianco B.V.B.A. Antwerp, Belgium
D. N. Gems Co. Ltd. Bangkok, China
Little Rocks (HK) Co. Hong Kong, China
InterJewels International Pvt. Ltd. Mumbai, India
The Company has no known subsidiaries.
BANKS
ABN Amro Bank
New York NY
Telephone:
Facsimile:
Account Number:
Account Manager:
This bank was listed as a secured party through public. If we receive a fax response from Mr. Shah we will update the bank information.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY REPTD SALE TERMS
$ $ %
30 60 90 91+ COMMENTS
---------- ----- ----- ------- -------- -------- --- --- --- ---
--- --------
COMPUTERS
07-01 03-05 CREDIT 15000 0
0 0 0 0 0
CELLUL/PAG 04-05 04-04 NET 30 200
0 0 0 0 0
0 CUST 3 YR
GENERAL
05-02 04-10 NET 60 2200 700
34 44 0 0 22
CUST 10 YR
TELECOM
04-07 00-00 NET 15 1300 1200
100 0 0 0
0
ADMIN
05-05 00-00 CREDIT 0 0 0 0 0
0 0 CUST 37 YR
CURRENT QUARTER 15000
0 0 0
0 0 0
FINANCIAL INFORMATION
Due to
Company privacy, Mr. Shah would not provide financial statement information
over the phone. If we receive a fax
response, 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 a wholesaler of jewellery and loose diamonds.
The
Subject imports from India.
The
heading address is the sole location for the subject. The facility consists of leased office space.
The
Subject has one division under the name InterJewels.
PUBLIC RECORD
A search
of public records revealed the following information, and no bankruptcy
petitions.
Name
Searched : D.N. GEMS
Debtor
Address : D.N. GEMS CORP.
580
FIFTH AVENUE, NEW YORK, NY 10036
Secured
Parties : ABN AMRO BANK N.V.
NEW YORK BRANCH
Filing
Date : 10/28/2003
Filing
Number : 0310281782953
Filing
Type : CONTINUATION
Original
Filing Number : 93250696
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Name
Searched : D.N. GEMS
Debtor
Address : D.N. GEMS
CORPORATION
580
FIFTH AVENUE, NEW YORK, NY 10036
Secured
Parties : ANTWERPSE
DIAMANTBANK N.V.
Filing
Date : 12/6/2004
Filing
Number : 0412061234798
Filing
Type : INITIAL FILING
GENERAL COMMENTS
The
Subject, incorporated in New York in 1989, is engaged as a wholesaler of
jewelry and loose diamonds. The payment
record is generally satisfactory and the operating history is clear. No derogatory information or bankruptcy
petitions were reported or noted. The
Company is responsible for normal business transactions.
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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