MIRA
INFORM REPORT
|
Report Date : |
27th
January, 2007 |
IDENTIFICATION
DETAILS
|
Name : |
SHEMON DIAM, INC. |
|
|
|
|
Registered Office : |
550 South Hill Street Suite 1119, Los Angeles, California 90014, United States |
|
|
|
|
Country : |
United States |
|
|
|
|
Date of Incorporation : |
28.09.2004 |
|
|
|
|
Legal Form : |
Corporation – Private |
|
|
|
|
Line of Business : |
Retailer of jewellery. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name : SHEMON DIAM, INC.
Address : 550 SOUTH HILL STREET SUITE 1119
City : LOS ANGELES
State/Province : CALIFORNIA
Zip Code : 90014
Country : UNITED STATES
Telephone : 213 622-9311
Facsimile : 213 622-9688
Legal Form : Corporation - Private
Website : N/A
@rating Opinion :
Business Activity : The Firm is a retailer of jewelry.
As of :
Sales / Revenue :
Net Income :
Total Equity :
Number of Employees : 3
NOTE TO CLIENT
Person Contacted: Mr. Ashish Sheth, President
Mr. Sheth only provided very general information, therefore the details in this report could not be confirmed.
LEGAL
Legal Form : Corporation - Private
Since (D/M/Y) : 28/09/2004
State/Province of Incorporation : CA
Status : ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
The Firm incorporated in California under the following:
Corporation : SHEMON DIAM, INC.
Number : C2705945
Date Filed : 9/28/2004
Status : Active
Jurisdiction : California
Address : 606 S HILL ST #806, LOS ANGELES, CA 90014
Agent for Service of Process
ASHISH SHETH
606 S HILL ST #806, LOS ANGELES, CA 90014
Managers/Key Personnel
Mr. Ashish Sheth President
AFFILIATED ENTITIES
There are no known affiliates or subsidiaries at this time.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
Management declined to provide the name of the Firm's primary bank and outside sources provided no additional information.
PAYMENT HISTORY
The Firm is not a large seeker of local trade credit as such a payment record could not be developed.
FINANCIAL INFORMATION
Mr. Sheth declined to provide financial statements or annual sales, therefore the Firm's condition could not be evaluated. A written inquiry was sent via fax, if he responds the report will be updated at that time.
CURRENT OPERATIONS
NAICS Code: 44831 Jewelry Stores
SIC Code: 5944
Number of Employees: 3
Business Activity
The Firm is a retailer of jewellery.
The Firm offers a wide variety of jewellery such as: rings, bracelets, earrings, necklaces, anklets, pendants, watches and bangels. The Firm offers jewellery in gold, silver and platinum.
The heading address is the Firm's sole location.
TRADE REFERENCES
A written request for supplier references has been sent via fax, if management responds the report will be updated at that time.
PUBLIC RECORD
No Uniform Commercial Codes, tax liens or bankruptcy petitions were traced to the Firm.
GENERAL COMMENTS
The Firm is an established retailer of jewelry. The Firm is not a large seeker of local trade credit as such a payment record could not be developed. No Uniform Commercial Codes, tax liens or bankruptcy petitions were traced to the Firm. The Firm is considered responsible for normal trade relations.
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
|
NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
|