MIRA INFORM REPORT

 

 

Report Date :

05.11.2007

 

IDENTIFICATION DETAILS

 

Name :

H V DIAMONDS INC

 

 

Registered Office :

606 S Hill St Los Angeles, Ca 90014-1720

 

 

Country :

United States

 

 

Date of Incorporation :

02 / 1997

 

 

Com. Reg. No.:

805452554

 

 

Legal Form :

Institutions

 

 

Line of Business :

Jewelry Stores

 

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Good

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

 

 

Company Information

 

 

HV DIAMONDS INC
606 S HILL ST
LOS ANGELES, CA 90014-1720
(213) 612-0324

Business Identification Number:

805452554

File Established:

02/1997

Date of Incorporation:

01/29/2001

SIC code: 

JEWELRY STORES - 5944

Executive Summary

 

 

  Intelliscore for HV DIAMONDS INC

 

 

71.04

 

 

0-32.47

32.48-58.63

58.64-70.19

70.2-77.71

77.72-100

0

 

100

 

High risk

Low risk


LOW TO MEDIUM RISK
67% of businesses indicate a higher risk of becoming seriously delinquent than this business

Key score factors:

NUMBER OF DEROGATORY PUBLIC RECORD ACCOUNTS

NUMBER OF CURRENT ACCOUNTS

FEW, IF ANY, DELINQUENT ACCOUNTS

SMALL, IF ANY, RATIO OF BAD ACCOUNTS TO TOTAL ACCOUNTS



  Research Tips

Additional information may be available on this business.

Other recommended searches:

Order Public Record

 

Legal Filings and Collections

Bankruptcy filings:

0

Tax lien filings: details (FILED 09/03-12/03)

2

Judgment filings:

0

Total collections:

0

Sum of legal filings:

$3,947

UCC filings:

0

Cautionary UCC filings present?

No



Trade Information

Monthly average DBT:

0

Highest DBT previous 6 months:

0

Highest DBT previous 5 quarters:

0

Total continuous trades:

2

Current continuous trade balance:

$0

Trade balance of all trades (3):

$0

Average balance previous 5 quarters:

$0

Highest credit amount extended: details

$500

6 month balance range:

$0 - $0

 

 

 

 

 

 

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Legal Filings and Collections

 

 

  Tax Liens

File
Date

Filing
Type

Status

Amount

Filing
Number

Jurisdiction

12/03/2003

State Tax Lien

Filed

$1,516

 

033650784

LOS ANGELES COUNTY C

09/02/2003

State Tax Lien

Filed

$2,431

 

032548477

LOS ANGELES COUNTY C

Trade Payment Information

 

 

Trade Payment Experiences
(Trade Lines With an (*) after date are newly reported)

Account Status
Days Beyond Terms

 

Business
Category

Date
Reported

Last
Sale

 

Payment
Terms

 

Recent
High
Credit

 

Balance

Cur

1-30

31-60

61-90

91+

Comments

 ADVERTISNG

10/2007

 

NET 30

 

 

$0

 

 

 

 

 

CUST 4 YR

 COMPUTERS

07/2007

 

 

 

$500

$0

 

 

 

 

 

CUST 3 YR

Trade Payment Totals

 

 

Trade Payment Experiences

Account Status
Days Beyond Terms

 

Type

Lines
Reported

 

 

 

Recent
High
Credit

 

Balance

Cur

1-30

31-60

61-90

91+

Comments

Continuously Reported

2

 

 

$500

$0

 

 

 

 

 

DBT: 0

Newly Reported

0

 

 

 

 

 

 

 

 

 

DBT:  

Trade Lines Totals

2

 

 

$500

$0

 

 

 

 

 

DBT: 0

Additional Payment Experiences

 

 

Trade Payment Experiences
(Trade Lines With an (*) after date are newly reported)

Account Status
Days Beyond Terms

 

Business
Category

Date
Reported

Last
Sale

 

Payment
Terms

 

Recent
High
Credit

 

Balance

Cur

1-30

31-60

61-90

91+

Comments

 MANUFCTRNG

10/2006

 

CERTCHK

 

 

$0

 

 

 

 

 

 

Monthly Payment Trends

 

 

Payment Trends Analysis
JEWELRY STORES INDUSTRY SIC: 5944

Account Status
Days Beyond Terms

Date Reported

Industry

Cur

DBT

Business
DBT

Balance

Cur

1-30

31-60

61-90

91+

CURRENT

N/A

N/A

0

$0

 

 

 

 

 

 

SEP07

82%

7

0

$0

 

 

 

 

 

 

AUG07

82%

7

0

$0

 

 

 

 

 

 

JUL07

84%

6

0

$0

 

 

 

 

 

 

JUN07

84%

6

0

$500

 

100%

 

 

 

 

MAY07

85%

5

0

$0

 

 

 

 

 

 

APR07

85%

5

0

$0

 

 

 

 

 

 

Company Background Information

 

 

  Corporate Registration

 

THE FOLLOWING INFORMATION WAS PROVIDED BY THE STATE OF CALIFORNIA

State of Origin: CA

Date of Incorporation: 01/29/2001

Current Status: Active


Business Type: Institutions - Profit

Charter Number: 02304201


Agent: MEHUL DALAL

Agent Address: 606 S HILL ST STE 1014 LOS ANGELES, CA

 

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  Additional Company Background Information

 

 

Key Personnel

Principal(s): 

MEHUL DALAL, PRESIDENT


Operating Information

Business Type: Institutions


Primary SIC Code: JEWELRY STORES - 5944


Number of Employees: 6


 

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.

 

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%)

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions