MIRA
INFORM REPORT
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Report Date : |
11.06.2008 |
IDENTIFICATION
DETAILS
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Name : |
I D C Corporation |
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Registered Office : |
29 East Madison Street Suite
1403 Chicago IL 60607 |
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Country : |
United States |
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Date of Incorporation : |
1981 |
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Legal Form : |
Not Listed in the State
of Illinois Business Directory |
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Line of Business : |
Wholesales Loose Diamonds |
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 : |
Moderate |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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REQUIRED CREDIT |
ADVISED CREDIT |
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MAX |
Guarantees |
GEOPOLITICS
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POLITICAL DATA |
ECONOMIC DATA |
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FORM OF GOVERNMENT ECONOMIC RISK |
Federal
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CURRENCY BRANCH SITUATION |
USD Satisfying |
IDENTIFICATION
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Company Name: |
I D C Corporation Trade Styles : Indian Diamond Certified Diamond |
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Address: |
29 East Madison
Street Suite 1403 Chicago IL
60607 USA |
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Phone: Facsimile: ID: State: Managers: |
312-346-4756 NA NA NA Jayanti Shah, President |
Date founded: |
1981
Not Listed in the State of Illinois Business Directory N.A. N.A. Employees: 3 |
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Legal form: |
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Stock: Value: |
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Staff: |
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Business: |
Wholesales Loose Diamonds |
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BANKS
State Bank of India
BUSINESS
Operations:
The company declined to provide any information, and we are unable to
find out the registration.
The information provided were obtain through third parties.
SHAREHOLDERS – SUBSIDIARIES
– MANAGERS
Jayanti Shah would be the
President
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FINANCIALS – COMMERCIAL TRENDS
AND FORECAST
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LEGALS
0 Suits
0 Judgments
0 Liens
0 Collection Claims
Reported
0 NSF Cheques Reported
1 UCC Filing in 1998 by
State Bank of India securing All Assets.
Amount: NA
PAYMENT REFERENCES
Date High Credit Now
Owing Past Due Terms Payment
Record
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RATING
Our final opinion
We suggest CAUTION AND GUARANTEES
SUMMARY
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ADVISED
CREDIT
Guarantees
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%)