MIRA INFORM REPORT

Report Date :

05.11.2007

IDENTIFICATION DETAILS

Name :	L K IMPORTS
Registered Office :	606 S Olive St Los Angeles, Ca 90014-1623
Country :	United States
Date of Incorporation :	02 / 1979
Com. Reg. No.:	797247318
Line of Business :	Jewelry & Precious Stones

RATING & COMMENTS

MIRA’s Rating :

Aa

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear

Company Information

L K IMPORTS GEMS
606 S OLIVE ST
LOS ANGELES, CA 90014-1623
(213) 622-0264

Business Identification Number:

797247318

File Established:

02/1979

SIC code:

JEWELRY & PRECIOUS STONES WHLSNG - 5094

Executive Summary

  Intelliscore for L K IMPORTS GEMS

82.50

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 RISK
92% of businesses indicate a higher risk of becoming seriously delinquent than this business

Key score factors:

	FEW, IF ANY, SLOW PAYING ACCOUNTS
	NUMBER OF CURRENT ACCOUNTS
	LENGTH OF CREDIT HISTORY GREATER THAN AVERAGE
	SMALL, IF ANY, RATIO OF BAD ACCOUNTS TO TOTAL ACCOUNTS

  Current DBT range compared to all industries*

0 DBT
($51,500 Balance)

0-15

16-50

51+

80%

11%

9%

% of US businesses falling within DBT range

DBT Norms:
All industries: 6 DBT        Same industry: 4 DBT

Legal Filings and Collections

Bankruptcy filings:

0

Tax lien filings:

0

Judgment filings:

0

Total collections:

0

Sum of legal filings:

$0

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:

3

Current continuous trade balance:

$51,500

Trade balance of all trades (5):

$51,500

Average balance previous 5 quarters:

$53,540

Highest credit amount extended: details

$51,300

6 month balance range:

$51,500 - $56,500

* Days Beyond Terms (DBT) is a dollar weighted calculation of the average number of days that payment was made beyond the invoice due date based on trades on file that have been updated in the previous 3 months.

  7 month DBT trends

90+

60

30

0

0

0

0

0

0

0

0

Apr07

May07

Jun07

Jul07

Aug07

Sep07

Current

  Quarterly DBT trends (previous 5 quarters)

90+

60

30

0

0

0

0

0

0

3Q06

4Q06

1Q07

2Q07

3Q07

Performance Analysis

Predicted DBT for 01/02/2008: 1 DBT

Payment Trend Indication:
Are Stable

Industry payment comparison:
Has paid sooner than 50% of similar firms

Most Frequent Industry Purchasing Terms:
NET 30, CONTRCT, and CREDIT

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
+AIR TRANS	09/2007			$7,600	$800	100%					CUST 23 YR
+BANK	09/2007	09/2007	CONTRCT	$51,300	$50,700	100%

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	3	$58,900	$51,500	100%					DBT: 0
Newly Reported	0								DBT:
Trade Lines Totals	3	$58,900	$51,500	100%					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
AIR TRANS	11/2006		NET 30		$0						CUST 2 YR
BUS SERVCS	02/2007	02/2007	NET 30		$0

Monthly Payment Trends

Payment Trends Analysis
JEWELRY & PRECIOUS STONES WHLSNG INDUSTRY SIC: 5094

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

$51,500

100%

SEP07

87%

4

0

$51,500

100%

AUG07

88%

4

0

$53,000

100%

JUL07

88%

4

0

$52,200

100%

JUN07

88%

4

0

$52,900

100%

MAY07

87%

4

0

$51,800

99%

1%

APR07

90%

3

0

$56,500

100%

Quarterly Payment Trends

Payment History - Quarterly Averages				Account Status Days Beyond Terms
Quarter	Months	DBT	Balance	Cur	1-30	31-60	61-90	91+
Q3 - 07	JUL-SEP	0	$52,200	100%
Q2 - 07	APR-JUN	0	$53,700	100%
Q1 - 07	JAN-MAR	0	$53,900	100%
Q4 - 06	OCT-DEC	0	$54,700	100%
Q3 - 06	JUL-SEP	0	$53,200	100%

UCC Profile

The UCC Filings are summarized and listed below.

UCC Summary		Filings
Date Range	Year	Cautionary UCCs^**	Total Filed	Released/ Term'd	Cont	Amended/ Assigned
JUL - PRESENT	2007				1
JAN - JUN	2007
JUL - DEC	2006
JAN - JUN	2006
JUL - DEC	2005
PRIOR TO JUL	2005
Total					1

** Cautionary UCC Filings include one or more of the following collateral:
Accounts, Accounts Receivable, Contracts, Hereafter Acquired Inventory, Leases, Notes Receivable or Proceeds.

 UCC Filings

UCC CONTINUED Date: 07/05/2007

Filing Number: 0771207266

Original Filing Date: 09/26/2002

Original Filing Number: 0226960748

Original Filing State: CA

Jurisdiction: SEC OF STATE CALIFOR

Secured Party: STATE BANK OF INDIA (CALIFORNIA) CA LOS ANGELES 90017 707 WI

Collateral: 

Company Background Information

  Additional Company Background Information

Key Personnel

Principal(s):

RAJIV AGRAWAL, OWNER

Primary SIC Code: JEWELRY & PRECIOUS STONES WHLSNG - 5094

Number of Employees: 2

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