MIRA
INFORM REPORT
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Report Date : |
11.09.2007 |
IDENTIFICATION DETAILS
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Name : |
DIAMOND MARQUISE
JEWELERS INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
10/05/1999 |
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Legal Form : |
Corporation –
Private |
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Line of Business : |
Engaged as a
manufacturer of jewelry. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: DIAMOND
MARQUISE JEWELERS INC.
Address:
City:
State/Province: NEW
Zip Code: 07632
Country: UNITED
STATES
Telephone: 201-503-1150
Facsimile: N/A
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form: Corporation
- Private
Website: No
website found.
Business Activity: The Subject is engaged as a
manufacturer of jewelry.
NOTE TO CLIENT
ORDERED NAME:
DIAMOND MARQUISE JEWELLERS
CORRECT NAME:
DIAMOND MARQUISE JEWELERS INC.
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NOTE: We reached the
Subject at the provided address. A representative who did not disclose her
name, stated that Mr. Mewani (the provided contact) is the sole person who can
confirm any information regarding the Subject and that he is on a business trip
through this entire week and will not be back until the week starting 9/17. We
left Mr. Mewani a detailed message and sent a written request for information
to the provided email: philip212@yahoo.com. No response has been received as of
this writing and we therefore cannot confirm information in this report. Should
we receive a response to our inquiries at a later time, this report will be
updated accordingly.
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NOTE: Number of
employees could not be ascertained via Management or outside sources consulted.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 10/05/1999
State/Province of
Incorporation: NY
Status: INACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
Current Entity Name:
DIAMOND MARQUISE JEWELERS INC.
Initial DOS Filing
Date: MAY 10, 1999
County:
Jurisdiction:
Entity Type:
DOMESTIC BUSINESS CORPORATION
Current Entity
Status: INACTIVE
Selected Entity
Address Information DOS Process (Address to which DOS will mail process if
accepted on behalf of the entity)
MR. PHILIP MEWANI
Chairman or Chief Executive Officer
PHILIP MEWANI
Principal Executive Office
PHILIP MEWANI
Registered Agent
NONE
NOTE:
**Please note that
it is not uncommon, nor necessarily detrimental to find an incorporation status
as inactive. This term may result from a failure to send updated information to
the Office of the Secretary of State, or taxes that have not been brought to
current. The company may have outsourced these responsibilities and may not be
aware of the situation. A company can still operate under these conditions. The
status can be easily reinstated to active once the problem is remedied.*****
NOTE: THE COMPANY IS
QUALIFIED TO DO BUSINESS IN THE STATE OF NEW
Managers/Key
Personnel
Mr. Philip
Mewani Chief
Executive Officer
AFFILIATED ENTITIES
We are unaware of any
existing affiliates or subsidiaries.
BANKS
NJ
Telephone:
Facsimile:
Account Number:
Account Manager:
The name of the
Company's primary bank could not be determined.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE
CUR 1- 31- 61-
CATEGORY
REPTD
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
AIR TRANS
07-05 07-03 0000000 2300
300 35 27
28 10 0
CUST 9 YR
PACKAGING
07-08 06-11 NET 30 100 0
0 0 0
0 0 CUST
1 YR
AIR TRANS
06-11 00-00 NET 30 0 0
0 0 0
0 0 CUST
2 YR
FINCL SVCS 05-06 05-04 CONTRCT 0 0
0 0 0
0 0 SATSFTRY
GENERAL
05-02 04-03 NET 30 0 0
0 0 0
0 0 CUST
7 YR
CURRENT QUARTER 2400 300
35 27 28
10 0
Payment
Trends
INDUSTRY BUSINESS BALANCE
CUR 1- 31- 61-
DATE
CUR DBT DBT
$ %
30 60 90 91+
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--- --- --- -------- --- --- --- --- ---
20070800
0 7 24 300 35
27 28 10 0
20070700
0 7 24 300 35
27 28 10 0
20070600
0 6
24 300 35
27 28 10 0
20070500
0 6 9 200 81
0 19 0 0
20070400
0 5 10 300 64
20 16 0 0
20070300
0 5 3 2400 80
20 0 0 0
Payment History - Quarterly Averages
BALANCE CUR 1- 31- 61-
QUARTER
YEAR DBT $ %
30 60 90 91+
-------- ------ --- -------- --- --- --- --- ---
Second
2007 21 300 45
21 26 8 0
First
2007 3 1700 79
20 1 0 0
Fourth
2006 0 0 0
0 0 0 0
Third
2006 0 0 0
0 0 0 0
Second
2006 0 0 0
0 0 0 0
FINANCIAL INFORMATION
We could not obtain
any financial information and outside sources provided no insight into the
financial condition of the Company.
CURRENT OPERATIONS
NAICS Code: 44831
Jewelry Stores
SIC Code: 5944
Business Activity:
The Subject is
engaged as a manufacturer of jewelry.
The headquarters is
at the heading address and is presumed to be the Company's sole location.
PUBLIC RECORD
A Nationwide search
of public and bankruptcy courts revealed no Uniform Commercial Codes, tax
liens, legal actions or bankruptcy filings under the Subject's name.
GENERAL COMMENTS
The Subject is
engaged as an established manufacturer of jewelry. Payment records are
considered to be generally satisfactory and a search of public records and
bankruptcy courts returned no derogatory information or record of the Company
filing a bankruptcy petition.
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%)