MIRA
INFORM REPORT
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Report Date : |
14.09.2007 |
IDENTIFICATION DETAILS
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Name : |
ROSY BLUE JEWELRY
INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
27/09/1983 |
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Legal Form : |
Corporation -
Private |
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Line of Business : |
Imports and
distributed gold jewelry and loose diamonds. |
RATING & COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Exists |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: ROSY
BLUE JEWELRY INC.
Address:
12TH
& 15TH FLOORS
City:
State/Province:
Zip Code: 10017
Country: UNITED
STATES
Telephone: 212
687-8838
Facsimile: 212
764-2817
In KUSD As of:
31/12/2006
Sales /
Revenue: 350,000
Net Income:
Total Equity:
Number of Employees:
160
Legal Form: Corporation
- Private
Website: www.rosyblue.com
Business Activity: The Subject imports and distributed
gold jewelry and loose diamonds.
NOTE TO CLIENT
Controller, Mr.
Sanjoa confirmed the information in this report.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 27/09/1983
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
Current Entity Name:
ROSY BLUE JEWELRY INC.
Initial DOS Filing
Date: SEPTEMBER 27, 1983
County:
Jurisdiction:
Entity Type:
DOMESTIC BUSINESS CORPORATION
Current Entity
Status: ACTIVE
Selected Entity
Address Information DOS Process (Address to which DOS will mail process if
accepted on behalf of the entity)
THE
Managers/Key
Personnel
Mr. Dipu Mehta President
Mr. Birain
Barikh Vice President
AFFILIATED ENTITIES
Rosy Blue NV -
Rosy Blue Hong Kong
Ltd. -
Rosy Blue (
Rosy Blue Sales Ltd.
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Rosy Blue Ltd. -
Rosy Blue Trading
(Pty) Ltd. -
Rosy Blue FZE -
Parent Companies
Parent Company: Inter Gold Gems Pvt. Ltd.
BANKS
ABN AMRO Bank N.V.
680
Telephone: 212
649-5132
Facsimile: 212
649-5149
Account Number:
Open Since
(D/M/Y): / /1987
Account Manager: Mr.
Ned Koppelson, VP
A faxed request for
a banking reference has been sent. If a response is received this report will
be updated immediately, however it our experience that these requests take
several days to be received in our office.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE
CUR 1- 31- 61-
CATEGORY
REPTD
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
AIR TRANS
07-07 07-07 0000000 16500
7800 81 19
0 0 0
CUST 12 YR
BUS SERVCS 07-08 00-00 VARIED 1700
1300 100 0 0
0 0
COMPUTERS
07-06 05-07 CREDIT 10000 0
0 0 0
0 0
FACTOR
07-07 04-10 NET 30 15400 0
0 0 0
0 0
PACKAGING
07-08 06-10 NET 30 700 0
0 0 0
0 0 CUST
7 YR
SAFTY PROD 07-05 00-00 NET 30 0
0 0 0
0 0 0
CUST 7 YR
AIR TRANS
06-11 00-00 NET 30 100 0
0 0 0
0 0 CUST 16 YR
BUS SERVCS 07-02 07-02 NET 30 0
0 0 0
0 0 0
CELLUL/PAG 06-03 00-00 NET 30 0
0 0 0
0 0 0
CUST 1 YR
LEASING
05-01 05-01 NOTE 33300 33300
100 0 0 0 0
OFFC SUPPL 06-08 98-02 CREDIT 0
0 0 0
0 0 0
ACCTCLOSED
CURRENT QUARTER 44300 9100
84 16 0
0 0
Payment Trends
INDUSTRY BUSINESS BALANCE
CUR 1- 31- 61-
DATE
CUR DBT DBT $ %
30 60 90 91+
--------
--- --- --- -------- --- --- --- --- ---
20070800
0 7 3 8300 83
17 0 0 0
20070700
0 7 14 4500 87
0 0 0 13
20070600
0 6 12 3600 84
0 0 16 0
20070500
0 6 3 14600 95
0 4 0 1
20070400
0 5 3 11000 95
1 3 0 1
20070300
0 5 2
8300 88 12 0 0 0
Payment History - Quarterly Averages
BALANCE CUR 1- 31- 61-
QUARTER
YEAR DBT $ %
30 60 90 91+
-------- ------ --- -------- --- --- --- --- ---
Second
2007 7 6700 91
0 3 3 3
First
2007 2 8700 92
7 1 0 0
Fourth
2006 2 14800 86
13 1 0 0
Third
2006 4 14300 83
13 4 0 0
Second
2006 6 4700 83
6 11 0 0
FINANCIAL INFORMATION
FINANCIAL FIGURES
Year-End
(D/M/Y): 31/12/2006 31/12/2006 31/12/2006
Consolidated
Sales /
Revenues 350,000 - -
Financials are not
consolidated. This is due to a software database issue.
CURRENT OPERATIONS
NAICS Code: 42194
Jewelry, Watch, Precious Stone and Precious Metal
SIC Code: 5094
Number of
Employees: 160
Business Activity:
The Subject imports
and distributed gold jewelry and loose diamonds. The Company's products include rings,
necklaces and bracelets for men and women. Distribution is throughout the
The above address is
the Subject's sole location.
Additional Tel: 212 471-2222
Additional Fax: 212 471-2223
PUBLIC RECORD
No liens, judgment or
bankruptcy filings were found. One civil filing was found which does not appear
to have impacted normal operations:
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Name Searched: ROSY
BLUE JEWELRY
Defendant Counsel:
UNKNOWN
Defendant: BLUE
INDIA JEWELRY INC
ROSY BLUE JEWELRY
INC
Plaintiff Counsel:
1507 AVE M.,
(7180 382-5700
Plaintiff: CASTCO
INC
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Name Searched: ROSY
BLUE JEWELRY
Debtor Address: ROSY
BLUE JEWELRY INC.
Secured Parties:
ANTWERPSE DIAMANTBANK N.V.
Filing Date:
5/16/2007
Filing Number:
0705168195666
Filing Type:
CONTINUATION
Original Filing
Number: 02241795
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Name Searched: ROSY
BLUE JEWELRY
Debtor Address: ROSY
BLUE JEWELRY INC.
529
Secured Parties:
ANTWERPSE DIAMANTBANK N.V.
Filing Date:
10/25/2002
Filing Number: 02241795
Filing Type: INITIAL
FILING
GENERAL COMMENTS
ROSY BLUE JEWELRY
INC. is well established with annual sales in the US$ 350 million. The
operation history revealed one civil filing which does not appear to have
impacted normal operations. The subject is considered to be responsible for
normal business transactions at this time.
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%)