MIRA
INFORM REPORT
|
Report Date : |
29.03.2007 |
IDENTIFICATION
DETAILS
|
Name : |
VISHAL DIAMONDS INC. |
|
|
|
|
Registered Office : |
550 South Hill Street Suite 1250, Los Angeles, California - 90013 |
|
|
|
|
Country : |
United States |
|
|
|
|
Date of Incorporation : |
31/08/1987 |
|
|
|
|
Legal Form : |
Corporation – Private |
|
|
|
|
Line of Business : |
Engaged as a jewelry broker. |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Small Company |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: VISHAL
DIAMONDS INC.
Address: 550 SOUTH HILL STREET SUITE 1250
City: LOS ANGELES
State/Province: CALIFORNIA
Zip Code: 90013
Country: UNITED STATES
Telephone: 213-624-9702
Facsimile: No fax found
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form: Corporation - Private
Website: No website
Business Activity: The Company is engaged as a jewelry
broker.
NOTE TO CLIENT
Contact person: Mr. Vijay Masani, President.
Mr. Masani declined to provide any information, therefore, the
information in this report was not confirmed by Management.
LEGAL
Legal Form: Corporation
– Private
Since (D/M/Y): 31/08/1987
State/Province of Incorporation: CA
Status:
ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
The Company is incorporated in the state of California.
VISHAL DIAMONDS INC.
Number: C1416723
Date Filed: 8/31/1987
Status: active
Jurisdiction: California
Address
550 SOUTH HILL STREET, SUITE 1250
LOS ANGELES, CA 90013
Agent for Service
of Process
VIJAY C MASANI
550 SOUTH HILL STREET SUITE 1250
LOS ANGELES, CA 90013
Managers/Key
Personnel
Mr. Vijay Masani
President
AFFILIATED ENTITIES
As far as we could determine, the company has no affiliated companies or
subsidiaries.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
Mr. Masani declined to provide any banking information.
PAYMENT HISTORY
No payment history was found.
FINANCIAL INFORMATION
Mr. Masani declined to provide any financial information.
CURRENT OPERATIONS
NAICS Code: 42194 Jewelry, Watch, Precious Stone and
Precious Metal
SIC Code: 5094
Business Activity:
The Company is engaged as a jewelry broker.
The Subject engages in the wholesale of diamonds and other jewelry.
As far as we could determine, the heading address is the sole location
for the Company.
TRADE REFERENCES
Mr. Masani declined to provide any 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 is engaged as a jewelry broker. No payment history was
found, and trade references were declined. Legal indicate no negative
litigation taken against the Subject. The Company is considered to be
responsible for normal business transactions.
RATING
EXPLANATIONS
|
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 |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average/normal. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
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%)