MIRA INFORM REPORT

 

 

Report Date :

09.10.2007

 

IDENTIFICATION DETAILS

 

Name :

SOL SAVRANSKY DIAMONDS INC

 

 

Registered Office :

555 5th Ave Frnt 3, New York, Ny 10017-2416

 

 

Country :

United States

 

 

Date of Incorporation :

05/1984

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Jewelry & Precious Stones Wholesaling

 

 

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 :

Regular

 

 

Litigation :

Clear

 

 


 

Company Information

 

 

SOL SAVRANSKY DIAMONDS INC
555 5TH AVE FRNT 3
NEW YORK, NY 10017-2416
(212) 730-4700

Business Identification Number:

703449073

File Established:

05/1984

SIC code: 

JEWELRY & PRECIOUS STONES WHLSNG - 5094

 

Executive Summary

 

 

  Intelliscore for SOL SAVRANSKY DIAMONDS INC

 

 

78.69

 

 

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
86% of businesses indicate a higher risk of becoming seriously delinquent than this business

Key score factors:

NUMBER OF DEROGATORY PUBLIC RECORD ACCOUNTS

HISTORY OF SLOW PAYING ACCOUNTS

FEW, IF ANY, TRADES WITH A HIGH BAL TO HIGH CRED LIMIT RATIO

NUMBER OF CURRENT 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:

0

Judgment filings:

0

Total collections:

0

Sum of legal filings:

$0

UCC filings: details (FILED 11/03-08/05)

3

Cautionary UCC filings present?

Yes**



Trade Information

Monthly average DBT:

1

Highest DBT previous 6 months:

7

Highest DBT previous 5 quarters:

7

Total continuous trades:

2

Current continuous trade balance:

$0

Trade balance of all trades (3):

$0

Average balance previous 5 quarters:

$520

Highest credit amount extended: details

$3,500

 6 month balance range:

$0 - $0

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

 

 

 

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

 OFFC SUPPL

08/2007

07/2007

CREDIT

 

$3,500

$0

 

 

 

 

 

ACCTCLOSED

 WAREHOUSE

09/2007

05/2007

VARIED

 

$100

$0

 

 

 

 

 

CUST 5 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

 

 

$3,600

$0

 

 

 

 

 

DBT: 0

Newly Reported

0

 

 

 

 

 

 

 

 

 

DBT:  

Trade Lines Totals

2

 

 

$3,600

$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

 AIR TRANS

11/2006

 

NET 30

 

<$100

$0

 

 

 

 

 

CUST 1 YR

 

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

$0

 

 

 

 

 

 

AUG07

87%

4

0

$0

 

 

 

 

 

 

JUL07

88%

4

0

$100

 

100%

 

 

 

 

JUN07

88%

4

0

$100

 

100%

 

 

 

 

MAY07

87%

5

7

$100

 

55%

45%

 

 

 

APR07

89%

4

0

$300

 

100%

 

 

 

 

MAR07

90%

3

0

$200

 

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

$0

 

 

 

 

 

 

Q2 - 07

APR-JUN

2

$200

 

88%

12%

 

 

 

Q1 - 07

JAN-MAR

0

$200

 

100%

 

 

 

 

Q4 - 06

OCT-DEC

0

$1,400

 

98%

2%

 

 

 

Q3 - 06

JUL-SEP

0

$800

 

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

 

 

 

 

 

JAN - JUN

 

2007

 

 

 

 

 

JUL - DEC

 

2006

 

 

 

 

 

JAN - JUN

 

2006

 

 

 

 

 

JUL - DEC

 

2005

1

1

 

 

1

PRIOR TO JUL

 

2005

2

2

 

 

 

Total

 

3

3

 

 

1

 

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

 

Back to top

 

  UCC Filings

 

UCC FILED Date: 08/08/2005

Filing Number: 200508085701106

Jurisdiction: SEC OF STATE NEW YOR

Secured Party: IDB LEASING INC. NY NEW YORK 10017 511 FIFTH AVENUE

Collateral: EQUIP, HEREAFTER AQUIRED PROP, UNDEFINED


UCC FILED Date: 11/13/2003

Filing Number: 200311131852105

Jurisdiction: SEC OF STATE NEW YOR

Secured Party: ISRAEL DISCOUNT BANK OF NEW YORK NY NEW YORK 10017 511 FITH

Collateral: HEREAFTER AQUIRED PROP, UNDEFINED


UCC FILED Date: 11/07/2003

Filing Number: 200311071830601

Jurisdiction: SEC OF STATE NEW YOR

Secured Party: 

Collateral: ACCTS REC, HEREAFTER AQUIRED PROP, UNDEFINED


UCC AMENDED Date: 08/25/2005

Filing Number: 200508255756424

Original Filing Date: 11/07/2003

Original Filing Number: 2003110718

Original Filing StateNY

Jurisdiction: SEC OF STATE NEW YOR

Secured Party: ISRAEL DISCOUNT BANK OF NEW YORK

Collateral:  

 

Company Background Information

 

 

Additional Company Background Information

 

Key Personnel

Principal(s): 

ELI SAVRANSKY, PRESIDENT

 

LORI REID, DIRECTOR O

 

SHANA GESS


Primary SIC Code: JEWELRY & PRECIOUS STONES WHLSNG - 5094

Secondary SIC Code: JEWELRY STORES - 5944

Additional SIC Code: 3915


Number of Employees: 14


 

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