MIRA
INFORM REPORT
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Report Date : |
15.06.2007 |
IDENTIFICATION DETAILS
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Name : |
WHITE COLOR GEMS |
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Registered Office : |
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Country : |
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Date of Incorporation : |
18/12/2000 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Importer/Exporter and Retailer of Precious Gems and Diamonds |
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 : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name : WHITE
COLOR GEMS
Trade Name(s) :
Allied Gems International
Address :
City :
LOS ANGELES
State/Province :
Zip Code :
90013
Country :
UNITED STATES
Telephone :
213 629-4545
Facsimile :
213 623-8737
Legal Form :
Corporation - Private
Website :
No web site available
Business Activity :
The Subject is an importer/exporter and retailer of precious gems and
diamonds. The Company also designs some of
its products.
As of :
--
Sales / Revenue : --
Net Income :
--
Total Equity :
--
NOTE TO CLIENT
Ordered Name :
White Colour Gems
Correct Legal Name :
White Color Gems
We reached the Subject and spoke to a represntative of the Company (No
name or title disclosed), she confirmed very general information in this
report, before deferring all other information to Mr. Harish Daga, President,
who was not available when we contacted the Company.
Please note that we did send a written request to Mr. Daga's attention
via facsimile. An update will be provided accordingly should we receive a
response at a later time.
Information in this report was not confirmed by management.
Number of employees could not be obtained.
LEGAL
Legal Form :
Corporation - Private
Since (D/M/Y) :
18/12/2000
State/Province of Incorporation :
CA
Status :
ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report. State of
Corporation
WHITE COLOR GEMS
Number :
C2327523
Date Filed :
12/18/2000
Status :
active
Jurisdiction :
Address
LOS
Agent for Service of Process
MAHENDRA S JAIN
LOS
Managers/Key
Personnel
Mr. Harish Daga President
AFFILIATED ENTITIES
Management reported no affliates or subsidiaries.
BANKS
No banking information was obtained.
PAYMENT HISTORY
The firm is not a large seeker of local trade credit as a significant
payment record could not be developed.
FINANCIAL INFORMATION
The Subject would not disclose any financial information when contacted.
Other outside sources could not provide any further insight into the financial
condition of this firm.
CURRENT OPERATIONS
NAICS Code : 42194 Jewelry, Watch, Precious Stone and
Precious Metal
SIC Code : 5094
NAICS Code : 42194 Jewelry, Watch, Precious Stone and
Precious Metal
Business Activity
The Subject is an importer/exporter and retailer of precious gems and
diamonds. The Company also designs some of its products. The heading address is
the sole location for the Company.
TRADE REFERENCES
Trade references were not provided
PUBLIC RECORD
Name Searched : WHITE COLOR GEMS
Debtors :
WHITE COLOR GEMS DBA ALLIED GEMS INTERNATIONAL [BUSINESS]
LOS
Filing Date :
08/12/2004
Filing Number :
041001202171
Secured Party : STATE
BANK OF
LOS
Status :
UNLAPSED
Type :
FINANCING STATEMENT
A search of bankruptcy courts revealed no record of a Company by this
name filing for bankruptcy.
GENERAL COMMENTS
The Subject operates as a appears to be a well established importer/exporter
and retailer of precious gems and diamonds, operating since 2000. No payment
record could not be developed and no adverse information was traced.
The Subject appears to be an established importer/exporter of fine gems,
operating since 2000. The Company is 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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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%)