MIRA
INFORM REPORT
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Report Date : |
13.06.2007 |
IDENTIFICATION DETAILS
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Name : |
M.S. GEMS, INC |
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Registered Office : |
250, Spring Street, # 6N – 308 – A, |
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Country : |
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Date of Incorporation : |
16.01.1997 |
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Legal Form : |
Private Limited |
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Line of Business : |
The Company is a diamond wholesaler |
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 : M.S. GEMS, INC.
Address : 250 SPRING STREET #6N, 308-A
City :
State/Province :
Zip Code : 30303
Country : UNITED STATES
Telephone : 404 523-3357
Facsimile : 404 523-3359
Legal Form : Corporation - Private
Website : N/A
Maj. Shareholder : Manoj Kumar Jain
As of : --
Sales / Revenue : --
Net Income : --
Total Equity : --
Business Activity : The Company is a diamond wholesaler.
NOTE TO CLIENT
Person Contacted: Mr. Manoj Kumar Jain, President and Owner. Mr. Jain verified the legal name, address, fax number, and business activity before requesting a fax form to provide additional information. No other information in this report could be confirmed by management.
LEGAL
Legal Form: Corporation - Private
State/Province of Incorporation : GA
Since (D/M/Y) : 16/01/1997
Previous Legal Form:
Company is NOT required to publish an annual financial report.
The Company incorporated in
M.S. GEMS, INC.
Profit Corporation - Domestic
Control No. : K702113
Status : Automated Administrative dissolution/Revocation
Entity Creation Date : 1/16/1997
Jurisdiction : GA
Principal Office Address: 3525 CLUB DR LAWRENCEVILLE GA 30044-3093
Principal Mailing Address: No Address
Registered Agent
Agent Name : MANOJ KUMAR JAIN
Office Address : 3920
CLUB DR 612
Managers/Key
Personnel
Manoj Kumar Jain President
OWNERS
Manoj Kumar Jain 100.00% Majority
The Company has no known subsidiaries or affiliates.
BANKS
A bank name could not be learned at this time.
PAYMENT HISTORY
There is no significant local trade credit payment at this time.
FINANCIAL INFORMATION
Mr. Jain declined to provide financial statement information over the phone. If we receive a response to our fax, we will amend the report accordingly.
HISTORY
The Company was founded in
CURRENT OPERATIONS
NAICS Code : 42194 Jewelry, Watch, Precious Stone and Precious Metal
SIC Code : 5094
Business Activity:
The Company is a diamond wholesaler.
The heading address is believed to be the sole location for the Company.
TRADE REFERENCES
A fax was sent to Mr. Jain to obtain trade reference information. If we receive a response, we will amend the report accordingly.
PUBLIC RECORD
A search of public records revealed no derogatory information, Uniform Commercial Codes, or bankruptcy petitions.
GENERAL COMMENTS
The Subject, incorporated in
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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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)