MIRA INFORM REPORT

Report Date :

17.10.2007

IDENTIFICATION DETAILS

Name :	BHUMISH DIAMONDS INC
Registered Office :	580 5th Ave, New York, Ny 10036-4701
Country :	United States
Date of Incorporation :	11/1984
Legal Form :	Limited Liability Company
Line of Business :	Jewelry & Precious Stones Wholesaling

RATING & COMMENTS

MIRA’s Rating :

B

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate
Payment Behaviour :	No Complaints
Litigation :	Clear

Company Information

BHUMISH DIAMONDS INC
580 5TH AVE
NEW YORK, NY 10036-4701
(212) 840-7181

Business Identification Number:

700062795

File Established:

11/1984

SIC code:

JEWELRY STORES - 5944

Executive Summary

  Intelliscore for BHUMISH DIAMONDS INC

23.46

0-32.47

32.48-58.63

58.64-70.19

70.2-77.71

77.72-100

0

100

High risk

Low risk

HIGH RISK
11% of businesses indicate a higher risk of becoming seriously delinquent than this business

Key score factors:

	NUMBER OF RECENT COLLECTION ACCOUNTS
	BALANCE ON HIGH CREDIT
	NUMBER OF COLLECTION ACCOUNTS
	NUMBER OF DEROGATORY PUBLIC RECORD 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 05/03)

1

Judgment filings:

0

Total collections: details (PLACED 04/07-07/07)

3

Sum of legal filings:

$8,111

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

$7,500

6 month balance range:

$0 - $0

Legal Filings and Collections

Collections
Date Placed	Status	Original Balance	Outstanding Balance	Date Closed	Agency	Agency Phone
07/2007	Open Account	$473	$473		RECEIVABLE MANAGEMENT SERVICES	(000) 000-0000
07/2007	Open Account	$473	$473		RECEIVABLE MANAGEMENT SERVICES	(000) 000-0000
04/2007	Disputed	$73	$30		RECEIVABLE MANAGEMENT SERVICES	(000) 000-0000

Tax Liens
File Date	Filing Type	Status	Amount	Filing Number	Jurisdiction
08/20/2003	State Tax Lien	Released	$8,111	001705291	NEW YORK COUNTY REG
05/27/2003	State Tax Lien	Filed	$8,111	001705291	NEW YORK COUNTY REG

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
COMPUTERS	09/2007	04/2002	CREDIT	$7,500	$0
OFFC SUPPL	09/2007		CREDIT	$1,400	$0

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	$8,900	$0						DBT: 0
Newly Reported	0								DBT:
Trade Lines Totals	2	$8,900	$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		$0						CUST 1 YR

Company Background Information

  Additional Company Background Information

Key Personnel

Principal(s):	BIPIN JHAVERI, PRESIDENT
	NEHAL JHAVERI, VICE PRESI
	JOSEF POLLAK

Primary SIC Code: JEWELRY STORES - 5944

Secondary SIC Code: JEWELRY & PRECIOUS STONES WHLSNG - 5094

Additional SIC Code: 7389

Number of Employees: 2

Sales: $750,000

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