MIRA
INFORM REPORT
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Report Date : |
21.03.2007 |
IDENTIFICATION
DETAILS
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Name : |
SRB DIAM INC. |
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Registered Office : |
15 West 47th Street Suite # 807, New York - 10036 |
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Country : |
United States |
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Date of Incorporation : |
03/07/2000 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Distributes diamond studded jewelry. |
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 : |
Usually correct |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name : SRB DIAM INC.
Address : 15
WEST 47TH STREET SUITE #807
City :
NEW YORK
State/Province : NEW
YORK
Zip Code :
10036
Country :
UNITED STATES
Telephone : 212
391-1023
Facsimile :
212 391-1024
As of :
--
Sales / Revenue : --
Net Income : --
Total Equity : --
Number of Employees : 4
Legal Form :
Corporation - Private
Website :
www.srbdiam.com
Business Activity : The
Company distributes diamond studded jewelry.
NOTE TO CLIENT
Contact person: Mr. Jay Choski, General Manager.
Mr. Choski provided the information for this report.
LEGAL
Legal Form :
Corporation - Private
Since (D/M/Y) :
03/07/2000
State/Province of Incorporation :
NY
Status :
ACTIVE
Previous Legal Form :
Company is NOT required to publish an annual financial report.
The Company is incorporated in the state of New York.
Selected Entity Name: SRB DIAM INC.
Selected Entity Status Information Current Entity Name: SRB DIAM INC.
Initial DOS Filing Date: JULY 03, 2000
County: NEW YORK
Jurisdiction: NEW YORK
Entity Type: DOMESTIC BUSINESS CORPORATION
Current Entity Status: ACTIVE
SRB DIAM INC.
15 W 47 ST
STE # 807
NEW YORK, NEW YORK, 10036-4701
Principal
Executive Office
SRB DIAM INC.
15 W 47 ST
STE # 807
NEW YORK, NEW YORK, 10036-4701
Registered Agent
NONE
Managers/Key
Personnel
Mr. NARESH BHADIYADRA
President
Mr. Jay Choksi
General Manager
AFFILIATED ENTITIES
Below is an affiliated company for the Subject:
SRB Diam B.V.B.A. Belgium
Parent Companies
Parent Company: Pankaj Diamond
INDIA
BANKS
HSBC Bank
452 5th Ave 15th Floor
New York NY
Telephone: 212 525-4955
Facsimile: 212 525-6991
Account Number:
Account Manager:
Mr. Choksi declined to confirm the above bank.
We have sent a fax to the bank. The report will be updated when if
receive a response.
PAYMENT HISTORY
No payment history found.
FINANCIAL INFORMATION
Mr. Choksi declined to provide any financial information.
CURRENT OPERATIONS
NAICS Code: 42194 Jewelry, Watch, Precious Stone and
Precious Metal
SIC Code: 5094
Number of Employees:
4
Business Activity:
The Company distributes diamond studded jewelry.
The Subject imports diamonds studded jewelry directly from India and
distributes to local jewelers in the United States.
The heading address is the headquarters location. The facility is
leased.
The Company has an office located in Hong Kong, China.
TRADE REFERENCES
Mr. Choksi declined to provide trade references.
PUBLIC RECORD
No derogatory legal action was filed against the Subject nor were there
any Uniform Commercial Codes that were filed by the Subject.
A search of bankruptcy courts revealed no record of the Subject filing
for bankruptcy.
GENERAL COMMENTS
The Company distributes diamond studded jewelry. No payment history was
found for the Subject; trade references were declined. Legal records indicate
no negative litigation taken against the Subject. The Company is considered to
be 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%)