MIRA
INFORM REPORT
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Report Date : |
13.06.2008 |
IDENTIFICATION
DETAILS
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Name : |
AUTHENTIC GEM IMPORTS INC |
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Registered Office : |
5580 LBJ
Freeway Suite 630, Dallas TX 75240 |
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Country : |
United States |
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Date of Incorporation : |
05.03.1983 |
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Legal Form : |
Corporation for Profit |
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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 : |
Small Company |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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: |
Authentic Gem Imports Inc |
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Address: |
5580 LBJ
Freeway Suite 630 Dallas TX 75240 USA |
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Phone: Facsimile: ID: State: Managers: |
972-233-3363 NA 0065400700 Texas , President |
Date founded: |
05/03/1983
Corporation for Profit 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
UNITED COMMERCE
BANK
BUSINESS
Business:
Wholesales Loose Diamonds
Way of payments:
Usually cash
SHAREHOLDERS – SUBSIDIARIES
– MANAGERS
Pete Vaidya is the main
shareholder.
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FINANCIALS – COMMERCIAL TRENDS
AND FORECAST
No financial are
available
LEGALS
0 Suits
0 Judgments
0 Liens
0 Collection Claims
Reported
0 NSF Cheques Reported
0 UCC Filings
PAYMENT REFERENCES
No payment record are
available.
RATING
Local credit bureau gave a correct credit rate.
The Company is in “good standing”.
This means that all local and federal taxes were paid on due date.
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The cash flow is correct.
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Payments are made on a regular basis.
Our final opinion:
This is a small company working in North and South America.
A credit line may be considered
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%)