MIRA INFORM
REPORT
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Report Date : |
23.06.2007 |
IDENTIFICATION DETAILS
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Name : |
PRISTINE GEMS, INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
16/10/2002 |
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Legal Form : |
Corporation -
Private |
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Line of Business : |
The Subject is
engaged as a Retailer of 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 : PRISTINE GEMS, INC.
Address : 592 5TH AVENUE 11TH
FLOOR
City :
State/Province :
Zip Code : 10036
Country : UNITED STATES
Telephone : 212-282-1132
Facsimile : N/A
Legal Form : Corporation - Private
Website : N/A
Business Activity : The Subject is engaged as a
retailer of jewelry.
As of : NA
Sales / Revenue : NA
Net Income : NA
Total Equity : NA
Number of Employees : 2
NOTE TO CLIENT
NOTE: We reached the
Subject at the provided address. A gentleman, who would not disclose his name
or title, declined to provide any information. Thus, information in this report
cannot be confirmed.
LEGAL
Legal Form : Corporation -
Private
Since (D/M/Y) : 16/10/2002
State/Province of
Incorporation : NY
Status : ACTIVE
Previous Legal Form:
Company is NOT required
to publish an annual financial report.
NEW YORK SECRETARY OF
STATE:
Selected Entity Name : PRISTINE GEMS, INC.
Selected Entity Status Information Current
Entity Name : PRISTINE GEMS, INC.
Initial DOS Filing Date : OCTOBER 16, 2002
County :
Jurisdiction :
Entity Type :
DOMESTIC BUSINESS CORPORATION
Current Entity Status : ACTIVE
Selected Entity Address
Information DOS Process (Address to which DOS will mail process if accepted on
behalf of the entity)
PRISTINE GEMS, INC.
Registered Agent
BELA S. MEHTA
NOTE:
Managers/Key
Personnel
Mr. Bela S. Mehta President
AFFILIATED ENTITIES
As far as could be
determined, there are no affiliates or subsidiaries.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
We could not obtain any
bank information.
PAYMENT HISTORY
The firm does not
appear to be a seeker of local trade credit as a significant payment record
could not be developed.
FINANCIAL INFORMATION
We could not obtain any
financial information and outside sources provided no insight into the
financial condition of the Company.
CURRENT OPERATIONS
NAICS Code :
42194 Jewelry, Watch, Precious Stone
and Precious Metal
SIC Code : 5094
Number of Employees : 2
Business Activity:
The Subject is engaged
as a retailer of jewelry. The headquarters is at the heading address and
presumed to be the sole location.
PUBLIC RECORD
A Nationwide search of
public and bankruptcy courts revealed no Uniform Commercial Codes, tax liens,
legal actions or bankruptcy filings under the Subject's name.
GENERAL COMMENTS
The Subject is engaged
as a retailer of jewelry. No payment records were found and a search of public
records and bankruptcy courts revealed no derogatory information or record of
the Company filing a bankruptcy petition.
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%)