MIRA
INFORM REPORT
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Report Date : |
25th
January, 2007 |
IDENTIFICATION
DETAILS
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Name : |
DIAM
VENTURES, INC. |
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Registered Office : |
550 South Hill
Street, Suite 978, Los Angeles, California
90013, United States |
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Country : |
United States |
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Date of Incorporation : |
21.05.2001 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Engaged in the wholesale trade of diamonds and jewelry. |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Small
Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE SUMMARY
Company Name : DIAM VENTURES, INC.
Address : 550 SOUTH HILL STREET,
SUITE 978
City : LOS ANGELES
State/Province : CALIFORNIA
Zip Code : 90013
Country : UNITED STATES
Telephone : 213 623-6520
Facsimile : 213 623-6521
Legal Form : Corporation - Private
Website : No website available.
@rating Opinion :
Business Activity : The Subject is engaged in the
wholesale trade of diamonds and jewelry.
As of :
Sales / Revenue :
Net Income :
Total Equity :
Number of Employees : 5
NOTE TO CLIENT
Attempts were made
to contact the Company from January 22 - 24, 2007; however we were unable to
reach management. There has been no
response to several messages left for the subject. We have also faxed our
inquiry to the Subject, as we have not received a response and no management
interview could be conducted the full scope of the business could not be
assessed and the information in the report could not be confirmed with
management.
LEGAL
Legal Form :
Corporation - Private
Since (D/M/Y) :
21/05/2001
State/Province of
Incorporation : CA
Status :
ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
Corporation : DIAM VENTURES, INC.
Number : C2312834
Date Filed : 5/21/2001
Status : active
Jurisdiction : California
Agent for Service of
Process:
MILAPI PAREKH
500 SOUTH HILL
STREET, SUITE #978
LOS ANGELES, CA
90013
Managers/Key Personnel
Mr. Milan
Parekh President
AFFILIATED ENTITIES
There are no known
affiliated companies.
BANKS
CA
Telephone:
Facsimile:
Account Number:
Account Manager:
As no management
interview could be conducted the Company's primary bank could not be learned.
PAYMENT HISTORY
Based on the firm's
size and business activity, no significant trade experience and payment history have been reported at
this time.
FINANCIAL INFORMATION
As we have not
received a response from management and no further interview could be conducted, financial statements could not
be obtained at this time. If a response
is received this report will be amended
and forwarded on.
CURRENT OPERATIONS
NAICS Code: 42194
Jewelry, Watch, Precious Stone and Precious Metal
SIC Code: 5094
Number of
Employees: 5
Business Activity
The Subject is
engaged in the wholesale trade of diamonds and
jewelry.
The heading address
is the Subject's sole location.
TRADE REFERENCES
As no management interview
could be conducted, we were unable to obtain trade references.
PUBLIC RECORD
A search of public
shows no suits, judgments or liens filed against the subject. 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
DIAM VENTURES, INC.
is engaged in the wholesale trade of diamonds and jewelry.
As no management
interview could be conducted the full scope of the business could not be
assessed. At this time no payment history or derogatory filings have been 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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