MIRA
INFORM REPORT
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Report Date : |
15.02.2008 |
IDENTIFICATION
DETAILS
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Name : |
S AND R DIAMOND, INC |
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Registered Office : |
608 S. Hill St. Room No. 504, Los Angeles, CA |
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Country : |
United States |
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Date of Incorporation : |
03.10.2003 |
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Com. Reg. No.: |
C2525954 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Wholesaler and Retailer of Loose Diamonds and Jewelry |
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: S AND R
DIAMOND, INC
Trade Name:
Address: 608
S. HILL ST. ROOM NO. 504
City: LOS
ANGELES
Founded (D/M/Y):
State/Province: CA
Zip Code:
Sales / Revenue: -
Country: UNITED
STATES
Net Income:
Telephone: 510
742-0565
Total Equity:
Facsimile: N/A
Number of Employees: 2
URL N/A
Legal Form: Corporation
- Private
Shareholder:
Business Activity: The
Firm is a wholesaler and retailer of loose diamonds and jewelry.
NOTE TO CLIENT
Person Contacted:
Mr. Hardik Udani, President.
Ordered Name: S
and R Diamond
Legal Name: S and
R Diamond, Inc.
IMPERATIVES
The Firm; S AND R DIAMOND,
INC has recently relocated from 550 S HILL ST SUITE 1185, LOS ANGELES, CA
90013, its' previous address, to the heading address. Therefore at this time no
direct contact information available.
The heading
contact number; Tel; 510 742-0565 is to Mr. Hardik Udani's home address in
FREMONT, CA 94536. Mr. Udani stated that there are no contact numbers to the
608 S. HILL STREET SUITE 504, LOS ANGELES, CA location at this time.
Mr. Udani only
stated the following information concerning the Firm: The Firm is a retailer
and wholesaler of loose diamonds and minor fine jewelry.
The Firm's only
two employees are Mr. Hardik Udani, President and Mr. Vipul Shah, Vice
President. The 608 S. HILL STREET SUITE 504, LOS ANGELES, CA is the sole
location of the Firm.
No further
information is currently available. A variety of outside sources consulted,
failed to provide any additional insight into the Firm's management, activities
or financial condition.
No payment were
traced to the Firm. No Uniform Commercial Codes, tax liens or bankruptcy
petitions were traced to the Firm.
This is a full
investigation.
LEGAL
Legal Form: Corporation
- Private
Incorporation
State CA
Status: ACTIVE
Since (D/M/Y): 03/10/2003
The company is NOT
required to publish an annual financial report.
The Firm is registered in California under the following:
Corporation: S AND R DIAMOND, INC
Number:
C2525954
Date Filed: 10/3/2003
Status:
Active
Jurisdiction:
California
Address:
550 S HILL ST SUITE 1185, LOS ANGELES, CA 90013
Agent for Service of Process
HARDIK UDANI
550 S HILL ST SUITE 1185, LOS ANGELES, CA 90013
MANAGERS / KEY PERSONNEL
Mr. Hardik Udani President
Mr. Vipul Shah Vice President
FINANCIAL INFORMATION
Mr. Udani declined
all financial details and outside sources failed to add any insight into the
condition of the firm.
CURRENT OPERATIONS
SIC Code: 5944
NAICS Code: 44831
Jewelry Stores
Number of Employees: 2
Business Activity:
The Firm is a wholesaler
and retailer of loose diamonds and jewelry.
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%)