MIRA
INFORM REPORT
|
Report Date : |
03.01.2008 |
IDENTIFICATION
DETAILS
|
Name : |
FINE DIAMONDS, LLC |
|
|
|
|
Registered Office : |
550 5th Ave. 6th
Fl., New York, Ny - 10017 |
|
|
|
|
Country : |
United States |
|
|
|
|
Date of Incorporation : |
20/02/2003 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Imports, markets
and wholesales diamonds. |
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 : |
Small Company |
|
|
|
|
Payment Behaviour : |
No Complaints |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name: FINE DIAMONDS, LLC
Trade Name:
Address: 550 5TH
AVE. 6TH FL.
City: NEW
YORK
State/Province: NY
Zip Code: 10017
Country: UNITED STATES
Telephone: 212-949-0858
Facsimile: 212-949-0821
URL NONE
Legal Form: Limited
Liability Company
Shareholder: The Meents
Family
Founded (D/M/Y):
Sales / Revenue: -
Net Income:
Total Equity:
Number of
Employees:
Business Activity: The Firm imports,
markets and wholesales diamonds.
NOTE TO CLIENT
Several attempts
were made to contact the Subject, but management was repeatedly unavailable. A
detailed message was left for them to return our call, and a written request has
been sent via fax. As of this writing no response has been received.
-
Since Management
was unavailable, information in this report was obtained from outside sources
and has not been confirmed.
LEGAL
Legal Form: Limited
Liability Company
Incorporation
State NY
Status: ACTIVE
Since (D/M/Y): 20/02/2003
The company is NOT
required to publish an annual financial report.
Name: FINE DIAMONDS, LLC
Process Address:
THE LLC
555 5TH AVENUE 6TH FLOOR
NEW YORK, NY 10017
Corporation Number: 2872155
Date of Inc / Qualification: 2/20/2003
Type: ARTICLES OF ORGANIZATION (DOMESTIC LIMITED LIABILITY COMPANY)
Microfilm Number: 030220000423
Status Comment: BIENNIAL STATEMENT
Status: ACTIVE
Type: DOMESTIC LIMITED LIABILITY COMPANY
MANAGERS / KEY PERSONNEL
Mr. Doran Meents President
Owners
The Meents Family 100.00
Majority
AFFILIATES
Company Name: FestDiam Diamond Cutting Works
Address: 225 Main St.
City: Johannesburg
State/Province:
Zip Code:
Country: SOUTH AFRICA
Telephone:
Facsimile:
BANKS
The name of the
primary bank could not be obtained at this time.
PAYMENT HISTORY
No payment were found under the Subject's name, and Management was unavailable to give trade
references.
FINANCIAL INFORMATION
Management was
unavailable, and outside sources were unable, to provide insight into the
financial condition of the Company.
CURRENT OPERATIONS
SIC Code: 5094
NAICS Code: 42194
Jewelry, Watch,
Precious Stone and Precious Metal Wholesalers
Business Activity:
The Firm imports,
markets and wholesales diamonds.
The Subject, along
with its affiliate, FESTDIAM DIAMOND CUTTING WORKS, is a Sightholder of the Diamond Trading Company.
This appears to be
to the sole location for the Subject.
PUBLIC RECORD
Name Searched: FINE DIAMONDS LLC
Amount: $ 1,602
Creditor: State of NEW YORK
Debtors: FINE DIAMONDS LLC
555 5TH AVE FL 6
NEW YORK, NY 10017
Docket Number: 2007T07019
Filing Date: 5/1/2007
Type: STATE TAX LIEN
---
A search of bankruptcy courts revealed no record of the Subject filing for bankruptcy.
COMMENTS
FINE DIAMONDS, LLC was established in 2003, and engages as an importer and marketer of diamonds. One taxlien was reported in 2007 in the amount of US$ 1,602, the details of which are not available at this time. A search of bankruptcy courts revealed no record of the Subject filing for bankruptcy.
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%)