MIRA
INFORM REPORT
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Report Date : |
20th
January, 2007 |
IDENTIFICATION
DETAILS
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Name : |
ROSY
BLUE, INC. |
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Registered Office : |
529 5th Avenue, 12th & 15th Floor, New York 10036, United States |
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Country : |
United
States |
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Date of Incorporation : |
21.03.1990 |
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Legal Form : |
Corporation
- Private |
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Line of Business : |
Engaged
in the import and distribution of diamonds and 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 : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name :
ROSY BLUE, INC.
Address :
529 5TH AVENUE, 12TH & 15TH FLOOR
City :
NEW YORK
State/Province : NEW YORK
Zip Code :
10036
Country :
UNITED STATES
Telephone :
212 687-8838
Facsimile :
212 856-9828
Legal Form :
Corporation - Private
Website :
www.rosyblue.com
@rating Opinion :
Business
Activity : The
Company is engaged in the import and distribution of diamonds
and jewellery.
As of :
Sales / Revenue :
Net Income :
Total Equity :
Number of Employees : 230
NOTE TO CLIENT
Mr.
Nirad Dalal, Controller, confirmed all information in this report.
LEGAL
Legal
Form :
Corporation - Private
Since
(D/M/Y) :
21/03/1990
State/Province
of Incorporation : NY
Status :
ACTIVE
Previous
Legal Form:
Company
is NOT required to publish an annual financial report.
Entity
Name : ROSY BLUE, INC.
Filing
Date : MARCH 21, 1990
County : NEW YORK
Jurisdiction : NEW YORK
Entity
Status : ACTIVE
NOTE:
New York State does not issue organizational identification numbers.
Managers/Key Personnel
Mr.
Ragin Mehta
President
Mr.
Nirad Dalal
Controller
AFFILIATED ENTITIES
Rosy
Blue Jewelry Inc. - New York, NY
Rosy
Blue NV - Antwerp, Belgium
Rosy
Blue Hong Kong Ltd. - Hong Kong
Rosy
Blue (India) Pvt Ltd. - Mumbai, India
Rosy
Blue Sales Ltd. - Ramat Gan, Israel
Rosy
Blue Ltd. - Tokyo, Japan
Rosy
Blue Trading (Pty) Ltd. - Johannesburg, South Africa
Rosy
Blue FZE - Dubai, UAE
Parent Companies
Parent
Company: Inter Gold Gems Pvt. Ltd.
INDIA
BANKS
ABN AMRO
Bank
680
Fifth Avenue, 6th Floor
New
York NY
Telephone : 212 649-5132
Facsimile : 212 649-5149
Account
Number :
Account
Manager: Mr. Ned Koppelson, VP
We have
contacted the bank who has not yet responded. In the event a response is
received, the information will be forwarded on immediately. It is our
experience that these requests could take several days before a response is
received.
PAYMENT HISTORY
BUSINESS DATE LAST
PAYMENT CREDIT BALANCE CUR 1-
31- 61-
CATEGORY REPTD SALE TERMS
$ $ %
30 60 90 91+ COMMENTS
---------- ----- ----- ------- -------- -------- --- --- --- ---
--- --------
AIR TRANS
06-11 06-11 0000000 18800
18800 82 18
0 0 0 CUST 11 YR
BUS SERVCS 07-01 00-00 VARIED 1700
700 100 0 0
0 0
COMPUTERS
07-01 05-07 CREDIT 10000 0
0 0 0 0 0
FACTOR
06-12 04-10 NET 30 15400 0
0 0 0 0 0
PACKAGING
06-11 00-00 NET 30 700 0
0 0 0 0 0
CUST 6 YR
AIR TRANS
05-12 00-00 NET 30 100 100 100 0 0
0 0 CUST 16 YR
BUS SERVCS 06-06 06-06 NET 30 0
0 0 0
0 0 0
CELLUL/PAG 06-03 00-00 NET 30 400
0 0 0
0 0 0 CUST 1 YR
COMPUTERS
04-02 00-00 NET 30 0 0 0 0 0
0 0
LEASING
05-01 05-01 NOTE 33300 33300
100 0 0 0
0
OFFC SUPPL 06-08 98-02 CREDIT 0
0 0 0
0 0 0 ACCTCLOSED
SAFTY PROD 06-03 00-00 NET 30 0
0 0 0
0 0 0 CUST 6 YR
CURRENT QUARTER 46600 19500
82 18 0 0 0
Payment Trends
INDUSTRY
BUSINESS BALANCE CUR 1-
31- 61-
DATE CUR DBT
DBT $ %
30 60 90 91+
-------- --- ---
--- -------- --- --- ---
--- ---
20061200
0 7 3 19100 82 18
0 0 0
20061100
0 7 3 17200 87 9
4 0 0
20061000
0 7 4 15900 80 16
4 0 0
20060900
0 7 4 9500 87
7 6 0 0
20060800
0 8 3 17600 84 13
3 0 0
20060700
0 7 7 5100 86 1
12 0 1
Payment History - Quarterly Averages
BALANCE CUR 1-
31- 61-
QUARTER YEAR DBT $ % 30
60 90 91+
-------- ------
--- -------- --- --- ---
--- ---
Fourth
2006 3 18700 84 15 1
0 0
Third
2006 4 14300 83 13
4 0 0
Second
2006 6 4700 83 6 11
0 0
First
2006 14 7600 61 16 20
3 0
Fourth
2005 2 1600 96 3 0
0 1
FINANCIAL INFORMATION
Management would not disclose any financial information when contacted
citing confidentiality.
As a privately held company, the Subject is not required to file
financial statements for public review.
CURRENT OPERATIONS
NAICS Code: 42194 Jewelry, Watch, Precious Stone and
Precious Metal
SIC Code: 5094
Number of Employees:
230
Business Activity
The Company is engaged in the import and distribution of diamonds and
jewellery.
Diamonds and jewelry are purchased all over the world but primarily are
sold to distributors in the United States, the United Kingdom, Israel, France,
Belgium, and Italy.
The heading address is the Subject's sole location.
PUBLIC RECORD
Name Searched : ROSY BLUE INC.
Debtor Address : ROSY
BLUE INC.
1180 AVENUE OF THE AMERICAS, NEW YORK, NY
10036
ROSY BLUE INC.
529 FIFTH AVENUE, NEW YORK, NY 10017
Secured Parties : ABN
AMRO BANK N.V.
Filing Date :
2/1/2005
Filing Number :
0502010159205
Filing Type :
CONTINUATION
Original Filing Number :
95114363
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Name Searched : ROSY BLUE INC.
Debtor Address : ROSY
BLUE INC.
529 FIFTH AVENUE, NEW YORK, NY 10017
Secured Parties :
ANTWERPSE DIAMANTBANK N.V.
Filing Date :
10/15/2002
Filing Number :
02233218
Filing Type :
INITIAL FILING
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Name Searched : ROSY BLUE INC.
Debtor Address : ROSY
BLUE INC
529 FIFTH AVENUE, NEW YORK, NY 10017
Secured Parties : ABN
AMRO BANK N.V. (SUCCESSOR BY MERGER TO ALGEMENE BANK
NEDERLAND N.V.), NEW YORK BRANCH
Filing Date :
3/13/2000
Filing Number :
00049198
Filing Type :
CONTINUATION
Original Filing Number :
95114363
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We have also conducted a nationwide search with bankruptcy courts, which
have revealed no record of a firm by this name filing for bankruptcy.
GENERAL COMMENTS
ROSY BLUE, INC. is engaged in the import and distribution of diamonds
and jewellery. The Subject's payment history is reported to be satisfactory.
Management provided operating details but declined to provide financial
information. We know the Company to be of good legal standing and are
considered 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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