MIRA
INFORM REPORT
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Report Date : |
25.09.2007 |
IDENTIFICATION DETAILS
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Name : |
BLUERAYS, INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
26/07/2000 |
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Legal Form : |
Corporation –
Private |
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Line of Business : |
Wholesaler of
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 |
IDENTIFICATION
& EXECUTIVE SUMMARY
Company Name: BLUERAYS,
INC.
Address:
City:
State/Province:
Zip Code: 10036
Country: UNITED
STATES
Telephone: 212-302-1810
Facsimile: 212-302-1813
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form: Corporation
- Private
Website: N/A
Business Activity: The Subject is a wholesaler of jewelry
and precious stones.
NOTE TO CLIENT
Contact Person:
Shasahil, Reception
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Mr. Kenny Desai,
President, is the authorized respondent and after several attempts to contact
him, remained unavailable for comment.
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A written request
for information has been sent via facsimile. When a response is received this
report will be amended appropriately.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 26/07/2000
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
The Company is
registered in the state of
Current Entity Name:
BLUERAYS, INC.
Initial DOS Filing
Date: JULY 26, 2000
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)
BLUERAYS, INC.
EDISON, NEW
Managers/Key
Personnel
Mr. Kenny Desai President
AFFILIATED ENTITIES
As far as could be
determined, there are no affiliates or subsidiaries.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
The name of the
primary bank could not be obtained at this time.
PAYMENT HISTORY
No payment were found
under the Subject's name.
FINANCIAL
INFORMATION
Management was
unavailable, and outside sources were unable to provide insight into the
financial condition of the Company.
CURRENT OPERATIONS
NAICS Code: 42194
Jewelry, Watch, Precious Stone and Precious Metal
SIC Code: 5094
Business Activity:
The Subject is a
wholesaler of jewelry and precious stones.
The Company
wholesales jewelry, watches, precious stones, and precious metals. They
specialize in diamond jewelry and loose diamonds.
This appears to be
the sole location for the Company.
PUBLIC RECORD
No tax liens,
judgments or bankruptcy filings were found under the Subject's name.
GENERAL COMMENTS
The Subject is a jeweler
specializing in wholesale diamonds and diamond jewelry. There are no payment
records for the Firm. Legal records indicate no negative litigation taken
against the Subject.
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%)