MIRA INFORM REPORT
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Report Date : |
15.11.2008 |
IDENTIFICATION
DETAILS
|
Name : |
JB - DM JEWELERY, LLC |
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Registered Office : |
1623 Allessandro
Street, Los Angeles, CA 90026 |
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Country : |
United States |
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Date of Incorporation : |
02.04.2004 |
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Com. Reg. No.: |
200409310145 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Importer,
Wholesaler and Retailers Jewelry, Diamonds, Precious Stones, and Related
Products. |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Clear |
Company
Name
JB - DM JEWELERY, LLC
Company
acronym
----
Contact Information
|
Address |
1623 Allessandro
Street Los Angeles, CA
90026 USA |
|
Telephone |
213-413-1800 |
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Fax |
213-413-1977 |
|
Website |
www.jbgroupworldwide.com |
Registration Data
|
Date of Registration |
April 2nd,
2004 |
|
Registration number |
200409310145 |
|
Legal address |
1623 Allessandro
Street Los Angeles, CA
90026 USA |
|
Legal Form |
LLC |
|
Share Capital |
- |
|
Other Registration
Data |
- |
Shareholders
with Shares
|
Shareholder Names |
Share% |
|
JB GROUP Surat, India JB Group was
founded by Jivraj Surani and Bhagwan Kukadia in 1965. |
100% |
Board/Executive
|
Name |
Dmitry MARMERSHTEYN |
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Position within the company |
President & CEO |
Changes in
Registration Data
None recorded
Activities
(realistic and officials)
Importer, wholesaler
and retailers jewelry, diamonds, precious stones, and related products.
Staff
|
Number of staff employed |
25 |
Export/Import
(Countries, goods and total values for the period)
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Imports From |
Europe, Far East |
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Exports To |
- |
Facilities
|
Rented |
Warehouse and
office |
|
Premises Size |
3,000 sq. feet |
Subsidiaries
and Participation
|
Parent Company |
JB GROUP, India |
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Subsidiaries |
- |
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Affiliates |
- |
Branches
|
Address |
Store 801 S. Flower Street, Suite 405, Los Angeles, CA 90017 Tel: 213-413-1800 |
Bankers
|
Bank |
Wells Fargo Bank |
|
Branch |
Los Angeles, CA |
Suppliers,
Partners
|
Suppliers |
Not known |
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Partners |
Not known |
Litigation,
Remarks on Payment
|
Litigation |
None Recorded |
|
Remarks on Payment |
No Complaints |
Financial
Information
|
Source |
Bank |
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Figures are |
Declared |
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Currency |
USD |
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Months |
Sales Figures |
Sales |
|
12 |
31/12/2007 |
4,400,000= |
Reporter Comments
|
Comments |
No information could be obtained from the Company. |
|
Local Reputation |
The company being investigated is believed by local reporters to be a Low
Trade Risk and to be fair. According to our
credit analysts, during the last 6 months, 93% of trade experience indicates
a regular payment. Payments of
imports are currently made with an average of 2 days beyond terms. |
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.46 |
|
UK Pound |
1 |
Rs.73.17 |
|
Euro |
1 |
Rs.62.96 |
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 |
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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 |
|
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%)