MIRA
INFORM REPORT
|
Report Date : |
10.04.2008 |
IDENTIFICATION
DETAILS
|
Name : |
D.N. GEMS CORPORATION |
|
|
|
|
Registered Office : |
580 5th Avenue Suite #1512 New York 10036 |
|
|
|
|
Country : |
United States |
|
|
|
|
Date of Incorporation : |
06.12.1989 |
|
|
|
|
Legal Form : |
Corporation - Private |
|
|
|
|
Line of Business : |
Wholesaler of Jewelry and Loose Diamonds. |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
IDENTIFICATION
& EXECUTIVE SUMMARY
Company Name: D.N. GEMS
CORPORATION
Trade Name: InterJewels
Address: 580
5TH AVENUE SUITE #1512
City: NEW
YORK
Founded (D/M/Y): 1989
State/Province: NY
Zip Code: 10036
Sales / Revenue: -
Country: UNITED
STATES
Net Income:
Telephone: 212-869-7801
Total Equity:
Facsimile: 212-869-4062
Number of Employees: 15
URL www.interjewel.com
Legal Form: Corporation
- Private
Shareholder:
Business Activity: The
Company is a wholesaler of jewelry and loose diamonds.
NOTE TO
CLIENT
Person Contacted:
Mr. Amit Shah, Controller. Mr. Shah verified and updated the information
presented to him.
LEGAL
Legal Form: Corporation
- Private
Incorporation
State NY
Status: ACTIVE
Since (D/M/Y): 06/12/1989
The company is NOT
required to publish an annual financial report.
The Company incorporated in New York under the following registration:
Entity Name: D.N. GEMS CORPORATION
Initial DOS Filing Date: DECEMBER 06, 1989
County: NEW YORK
Jurisdiction: NEW YORK
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)
D.N. GEMS CORPORATION
580 5TH AVE
STE #1512
NEW YORK, NEW YORK, 10036
Principal Executive Office
D.N. GEMS CORPORATION
580 5TH AVE
STE #1512
NEW YORK, NEW YORK, 10036
Registered Agent: NONE
MANAGERS / KEY PERSONNEL
Mr. Sanjay Kothari President
Mr. Amit Shah Controller
Mr. Punit Mehta Director
AFFILIATED COMPANIES
The following are
affiliated entities of the Subject.
D. NAVINCHANDRA
& CO.; Mumbai, India
Dianco B.V.B.A.;
Antwerp, Belgium
D. N. Gems Co.
Ltd.; Bangkok, China
Little Rocks (HK)
Co.; Hong Kong, China
InterJewels
International Pvt. Ltd.; Mumbai, India
Dianco
International Pte Ltd.; Singapore
Parent Companies
Parent Company: DIANCO U.S.A. INC.
Address:
City:
State/Province: DE
Zip Code:
Country: UNITED STATES
SUBSIDIARIES
The Company has no
subsidiaries.
BANKS
ABN Amro Bank
Address: 55 East 52
Street
City: New
York
State/Province: NY
Zip Code: 10055
Country: UNITED
STATES
Telephone: 212 409-1000
A fax was sent to
the Company for a signed authorization for credit information.
PAYMENT HISTORY
No payment record was found for the Subject at this time.
Mr. Shah stated that the Company has no significant creditors in the US or
Canada.
FINANCIAL INFORMATION
Mr. Shah deferred all financial statement information to a fax request. If we receive a response to our fax, we will amend the report accordingly.
CURRENT OPERATIONS
SIC Code: 5094
NAICS Code: 42194
Jewelry, Watch,
Precious Stone and Precious Metal Wholesalers
Number of Employees: 15
Business Activity:
The Company is a
wholesaler of jewelry and loose diamonds.
The Subject
imports from India.
The heading address is the sole location for the subject. The facility
consists of leased office space.
The Subject has one division under the name InterJewels.
PUBLIC RECORD
A search of public revealed the following information, and no bankruptcy
petitions.
Name Searched: D.N. GEMS
Debtor Address: D.N. GEMS CORP.
580 FIFTH AVENUE
NEW YORK, NY 10036
Secured Parties: ABN AMRO BANK N.V. NEW YORK BRANCH
Filing Date: 10/28/2003
Filing Number: 0310281782953
Filing Type: CONTINUATION
Original Filing Number: 93250696
--------------------------------------------------------------------------------
Name Searched: D.N. GEMS
Debtor Address: D.N. GEMS CORPORATION
580 FIFTH AVENUE
NEW YORK, NY 10036
Secured Parties: ANTWERPSE DIAMANTBANK N.V.
Filing Date: 12/6/2004
Filing Number: 0412061234798
Filing Type: INITIAL FILING
COMMENTS
The Subject, incorporated in New York in 1989, is engaged as a wholesaler of
jewelry and loose diamonds. No payment record was found for the Subject,
however, the operating history is clear. No derogatory information or
bankruptcy petitions were reported or noted. The Company is responsible for
normal business transactions.
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%)