MIRA
INFORM REPORT
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Report Date : |
26.03.2007 |
IDENTIFICATION
DETAILS
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Name : |
GEM-IMPEX,
INC |
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Registered Office : |
580
5th Avenue Suite 1619, New York, 10036 |
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Country : |
United
States |
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Date of Incorporation : |
20/07/1996 |
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Legal Form : |
Corporation
- Private |
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Line of Business : |
Wholesalers
of 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 : |
Small Company |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE SUMMARY
Company
Name: GEM-IMPEX, INC.
Address: 580
5TH AVENUE SUITE 1619
City: NEW YORK
State/Province: NEW
YORK
Zip
Code: 10036
Country: UNITED
STATES
Telephone: 212
398-7917
Facsimile: 212
398-7039
Legal
Form: Corporation - Private
Website: No
Website Found
Maj.
Shareholder: MR. JHAVERI SATIN
As of:
Sales /
Revenue:
Net Income:
Total
Equity:
Business
Activity: GEM-IMPEX, INC. is
engaged as a wholesaler of gems and diamonds.
NOTE TO CLIENT
A
company representative named, Mr. Mike provided very general information before
declining to provide anything further. He stated that the Owner, MR. JHAVERI
SATIN, must provide all additional
information,
however he was unavailable at the time of this report.
REQUESTED
NAME: GEM IMPEX INC.
LEGAL
NAME: GEM-IMPEX, INC.
NOTE: An employee count was declined.
LEGAL
Legal
Form: Corporation - Private
Since
(D/M/Y): 20/07/1996
State/Province
of Incorporation: NY
Status:
ACTIVE
Previous
Legal Form:
Company
is NOT required to publish an annual financial report.
Current
Entity Name: GEM-IMPEX, INC.
Initial
DOS Filing Date: JULY 30, 1996
County:
NEW YORK
Jurisdiction:
NEW YORK
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)
GEM-IMPEX,
INC.
580 5TH
AVE
1619
NEW
YORK, NEW YORK, 11040
Registered Agent
NONE
Managers/Key Personnel
MR.
JHAVERI SATIN Chief
Executive Officer
OWNERS
MR.
JHAVERI SATIN
% Majority
AFFILIATED ENTITIES
There
are no subsidiaries, divisions or parent companies.
PAYMENT HISTORY
No
significant payment record was found.
FINANCIAL INFORMATION
No
financial figures regarding the subject company could be obtained directly from
management or from outside sources at the time of this report.
CURRENT OPERATIONS
NAICS
Code: 42194 Jewelry, Watch, Precious Stone and Precious Metal
SIC
Code: 5094
Business
Activity:
GEM-IMPEX,
INC. is engaged as a wholesaler of gems and diamonds. The heading address is
the headquarters and sole location for the subject company.
TRADE REFERENCES
Trade
references were declined.
PUBLIC RECORD
No
liens, judgments or bankruptcy filings were found.
GENERAL COMMENTS
GEM-IMPEX,
INC. is well established with operations dating from July of 1996. The
operation history is clear and the subject is considered to be responsible for
normal business transactions at this time.
RATING
EXPLANATIONS
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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 |
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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%)