MIRA
INFORM REPORT
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Report Date : |
12.05.2007 |
IDENTIFICATION DETAILS
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Name : |
A - 1 CUSTOM DIAMONDS |
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Registered Office : |
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Country : |
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Date of Incorporation : |
-- |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
-- |
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 Concern |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: A-1 CUSTOM DIAMONDS
Address:
City:
State/Province:
Zip Code: 48237
Country: UNITED STATES
Telephone: 248 968-1652
Facsimile: N/A
Founded (D/M/Y): /
/2005
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form: Sole Proprietorship
Website: N/A
Business Activity:
NOTE TO CLIENT
Person Contacted: Mr. Tribhovan M. Patel, Owner
NOTE: Due to the configuration of our systems, all sole proprietor
reports must be viewed by their trade name. However, the legal name of the Firm
is; Tribhovan M. Patel D/b/a A-1 Custom Diamonds.
IMPERATIVES
Mr. Patel declined to provide any information. The name was traced to
two alternate locations:
Mr. Patel declined to confirm which location or if both locations are
used by the Firm.
An affiliate company; A-1 CUSTOM DIAMOND & TRADING CO. INC. was located in
A variety of outside sources consulted, failed to provide any additional
insight into the Firm's management, activities or financial condition.
No payment were traced to the Firm.
No Uniform Commercial Codes, tax liens or bankruptcy petitions were
traced to the Firm.
A written inquiry was declined during the brief interview.
This is a full investigation.
LEGAL
Legal Form: Sole
Proprietorship
State/Province of Incorporation: MI
Status: ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
Managers/Key
Personnel
Mr. Tribhovan M. Patel
Owner
FINANCIAL INFORMATION
No financial information could be learned or obtained.
CURRENT OPERATIONS
NAICS Code: 42194 Jewelry, Watch, Precious Stone and
Precious Metal
SIC Code: 5094
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%)