MIRA INFORM REPORT

 

 

 

Report Date :

27.08.2008

 

IDENTIFICATION DETAILS

 

Name :

KING JEWELRY

 

 

Registered Office :

550 S HILL ST Ste 607 Los Angeles, CA 90013-2407

 

 

Country :

United States

 

 

Date of Incorporation :

01.23.2004

 

 

Com. Reg. No.:

858927423

 

 

Legal Form :

Private Corporation

 

 

Line of Business :

Jewelry Stores

 

 

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 :

Unknown

 

 

Litigation :

Clear

 

 

 

Company Information

 

 

KING JEWELRY
550 S HILL ST STE 607
LOS ANGELES, CA 90013-2407

Business Identification Number:

858927423

File Established:

06/1983

Date of Incorporation:

01/23/2004

SIC code: 

JEWELRY STORES - 5944

 

Executive Summary

 

 

  Intelliscore for KING JEWELRY

 

 

26.89

 

 

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
15% 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 TRADES WITH A HIGH BALANCE TO HIGH CREDIT RATIO

NUMBER OF COLLECTION 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:

Released

Judgment filings:

0

Total collections: details (PLACED 05/05-01/07)

3

Sum of legal filings:

$0

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:

1

Current continuous trade balance:

$0

Trade balance of all trades (4):

$12,200

Average balance previous 5 quarters:

$0

Highest credit amount extended:

$0

6 month balance range:

$0 - $0

 

 

 

 

 

 

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Legal Filings and Collections

 

 

  Collections

Date
Placed

Status

Original
Balance

Outstanding
Balance

Date
Closed

Agency

Agency
Phone

01/2007

Open Account

$405

 

$405

 

 

RECEIVABLE MANAGEMENT SERVICES@

(000) 000-0000

02/2006

Open Account

$128

 

$128

 

 

RECEIVABLE MANAGEMENT SERVICES

(000) 000-0000

05/2005

Closed, Cannot Locate

$371

 

$371

 

06/2005

ROYAL MERCANTILE TRUST CORP.

(800) 327-9714

 

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  Tax Liens

File
Date

Filing
Type

Status

Amount

Filing
Number

Jurisdiction

03/22/2004

County Tax Lien

Released

$118

 

040672726

LOS ANGELES COUNTY C

01/14/2003

County Tax Lien

Released

$118

 

030113265

LOS ANGELES COUNTY C

 

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

 AIR TRANS

01/2008

 

NET 30

 

 

$0

 

 

 

 

 

CUST 4 YR

 

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

1

 

 

$0

$0

 

 

 

 

 

DBT: 0

Newly Reported

0

 

 

 

 

 

 

 

 

 

DBT:  

Trade Lines Totals

1

 

 

$0

$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

+BANK

02/2007

01/2007

CONTRCT

 

$38,500

$11,500

100%

 

 

 

 

CUST 1 YR

+CRED CARD

01/2008

01/2008

N30PRXO

 

$700

$700

100%

 

 

 

 

CUST 11 YR

 TELECOM

03/2005

 

NET 30

 

 

$0

 

 

 

 

 

 

 

Company Background Information

 

 

  Corporate Registration

 

THE FOLLOWING INFORMATION WAS PROVIDED BY THE STATE OF CALIFORNIA

State of Origin: CA

Date of Incorporation: 01/23/2004

Current Status: Active


Business Type: Institutions - Profit

Charter Number: 02603834


Agent: KIUMARS SABOUHI

Agent Address: 1031 S WOOSTER ST APT 207 LOS ANGELES, CA

 

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  Additional Company Background Information

 

Operating Information

Business Type: Institutions


Primary SIC Code: JEWELRY STORES - 5944

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.43.73

UK Pound

1

Rs.80.57

Euro

1

Rs.64.29

 

 

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