MIRA
INFORM REPORT
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Report Date : |
12.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
GEMDEK CORPORATION |
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Registered Office : |
22 West 48th Street, Suite 601new York 10036 |
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Country : |
United States |
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Date of Incorporation : |
06.07.1965 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Retailer of fine jewelry and precious stones. |
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. |
Small |
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Status : |
Small Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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IDENTIFICATION & EXECUTIVE
SUMMARY
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Company Name: |
GEMDEK CORP. |
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Trade Name: |
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Address: |
22 WEST 48TH STREET, SUITE 601 |
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City: |
NEW YORK |
Founded (D/M/Y): |
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State/Province: |
NY |
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Zip Code: |
10036 |
Sales / Revenue: |
- |
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Country: |
UNITED STATES |
Net Income: |
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Telephone: |
212 819-0777 |
Total Equity: |
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Facsimile: |
212 827-0208 |
Number of Employees: |
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URL |
No website available |
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Legal Form: |
Corporation - Private |
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Shareholder: |
Mr. Samuel Levy |
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Business Activity: |
The Company engages as a retailer of fine jewelry and precious stones. |
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NOTE TO CLIENT
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PERSON CONTACTED: |
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Mr. Samuel Levy, President. |
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-- |
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Mr. Levy declined the release of information on the Subject. A written |
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request has been forwarded to his attention via fax. If a response is |
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received in the near future, we will forward an updated report at that |
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time. |
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LEGAL
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Legal Form: |
Corporation - Private |
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Incorporation State |
NY |
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Status: |
ACTIVE |
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Since (D/M/Y): |
06/07/1965 |
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The company is NOT required to publish an annual financial report. |
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Entity Name:
GEMDEK CORP. |
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Initial Filing Date:
JULY 06, 1965 |
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County:
NEW YORK |
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Jurisdiction: NEW YORK |
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Entity Type:
DOMESTIC BUSINESS CORPORATION |
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Current Entity Status: ACTIVE |
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Entity Address:
GEMDEK CORP. |
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1501 BROADWAY |
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NEW YORK, NEW YORK, 10036 |
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MANAGERS / KEY PERSONNEL
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Mr. Samuel Levy |
President |
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Owners |
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Mr. Samuel Levy |
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Majority |
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AFFILIATED COMPANIES
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At this time, it could not be determined whether the Subject has any |
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affiliates. |
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SUBSIDIARIES
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At this time, it could not be determined whether the Subject has any |
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subsidiary firms. |
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BANKS
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* |
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State/Province: |
NY |
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Country: |
UNITED STATES |
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A bank reference could not be obtained from management at this time. |
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PAYMENT HISTORY
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A substantial payment record could not be reviewed at this time. |
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FINANCIAL INFORMATION
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Financial information could not be obtained at this time. Outside |
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sources consulted failed to add insight into the financial condition |
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of the Company. |
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CURRENT OPERATIONS
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SIC Code: |
5944 |
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NAICS Code: |
44831 |
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Jewelry Stores |
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Business Activity: |
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The Company engages as a retailer of fine jewelry and precious stones. |
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The heading address is the Company headquarters and serves as an
administrative |
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office and jewelry store. At this time, it could not be determined
whether the |
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Company conducts business at any additional locations. |
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PUBLIC RECORD
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A search of public failed to reveal any Uniform Commercial Codes, |
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tax liens, legal actions, or bankruptcy petitions at this time. |
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COMMENTS
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Gemdek Corp., incorporated in 1965 in New York, engages as a retailer of |
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jewelry. A payment record was unavailable for review. A search of public |
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records failed to reveal any negative information against the Company. The |
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Company is considered well-established. |
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. |
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%)