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MIRA
INFORM REPORT
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Report Date : |
25th
January, 2007 |
IDENTIFICATION DETAILS
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Name : |
SHALIN GEMS ( |
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Registered Office : |
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Country : |
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Date of Incorporation : |
27.03.2002 |
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Legal Form : |
Private Company |
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Line of Business : |
Manufacturer and Wholesaler 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 : |
Satisfactory |
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Payment Behaviour : |
Usually
Correct |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name : SHALIN GEMS (
Address :
City :
State/Province :
Zip Code : 10036
Country : UNITED STATES
Telephone : 212 730-9521
Facsimile : 212 730-9522
Legal Form : Private Company
Website : www.shalingems.com
@rating Opinion :
Business Activity : The Company is a manufacturer and wholesaler of diamonds and jewelry.
As of :
Sales / Revenue :
Net Income :
Total Equity :
NOTE TO CLIENT
Contacted Mr. Ketan Sheth who declined any information on the Company including his position. Therefore, the information in this report could not be confirmed with management.
It is believed that Mr. Sheth is the President of this firm.
LEGAL
Legal Form : Private Company
Since (D/M/Y) : 27/03/2002
State/Province of Incorporation : NY
Status : ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
Legal Name :
SHALIN GEMS (
Filing Date : MARCH 27, 2002
County :
Jurisdiction :
Entity Type : DOMESTIC BUSINESS CORPORATION
Status : ACTIVE
Entity Address : SHALIN GEMS (
Registered Agent : BUSINESS FILINGS INCORPORATED
Managers/Key Personnel
Mr. Ketan Sheth President
AFFILIATED ENTITIES
The following company is believed to be affiliated.
SHALIN GEMS
Category : Gems & Jewellery
Address :
209/210 SHREEJEE CHAMBERS, 2ND FLOOR,
CHAMBERS
City : Mumbai
Phone : 3632612/ 3610118
Fax : 3675407
There are no other known affiliates.
BANKS
NY
Telephone:
Facsimile:
Account Number:
Account Manager:
A primary could not be obtained. A search of outside sources failed to provide any further information.
PAYMENT HISTORY
The Company does not appear to be a large seeker of local trade credit and as such a significant payment record could not be developed.
FINANCIAL INFORMATION
Financial details could not be obtained either directly from management or from outside sources consulted.
CURRENT OPERATIONS
NAICS Code: 339911 Jewelry (except Costume) Manufacturing
SIC Code: 3911
NAICS Code: 42 Wholesale Trade
Business Activity
The Company is a manufacturer and wholesaler of diamonds and jewelry.
The Company is a manufacturer and wholesaler of loose diamonds and jewelry.
The Subject specializes round cut diamond manufacturing.
The above address was confirmed to be the headquarters for the Company. There are no known branches.
PUBLIC RECORD
A search of public in the State of
GENERAL COMMENTS
The Company is a manufacturer and wholesaler of diamonds and jewelry. The Subject is not a large seeker of local trade credit and as such a significant payment record could not be developed. No public records were traced to the Firm.
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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