MIRA
INFORM REPORT
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Report Date : |
27.10.2008 |
IDENTIFICATION DETAILS
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Name : |
AMDEN JEWELRY, INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
10.06.2005 |
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Com. Reg. No.: |
C2752205 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
Retailer of Jewelry, Diamonds, Precious Stones, and Related Products. |
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 : |
No Complaints |
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Litigation : |
Clear |
Company
Name
AMDEN JEWELRY, INC.
Company acronym:
Contact Information
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Address |
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Telephone |
213-327-0863 |
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Fax |
- |
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Website |
- |
Registration Data
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Date of Registration |
June 10, 2005 |
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Registration number |
C2752205 |
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Legal address |
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Legal Form |
Corporation – Profit |
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Share Capital |
- |
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Other Registration Data |
- |
Shareholders
with Shares
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Shareholder Names |
Share% |
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Family GHOLIAN |
100 |
Board/Executive
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Name |
Khosrow GHOLIAN |
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Position within the company |
President |
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Name |
Navid GHOLIAN |
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Position within the company |
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Changes in
Registration Data
None recorded
Activities
(realistic and officials)
Jewelry store.
The Company is a retailer of jewelry, diamonds, precious stones, and related
products.
Staff
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Number of staff employed |
5 |
Export/Import
(Countries,
goods and total values for the period)
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Imports From |
Europe, |
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Exports To |
no |
Facilities
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Rented |
Store |
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Premises Size |
600 sq. feet |
Subsidiaries
and Participation
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Parent Company |
- |
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Subsidiaries |
- |
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Affiliates |
- |
Branches
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Address |
- |
Bankers
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Bank |
Bank of |
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Address |
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Telephone |
(213) 312-9000 |
Suppliers,
Partners
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Suppliers |
Not known |
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Partners |
Not known |
Litigation,
Remarks on Payment
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Litigation |
None Recorded |
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Remarks on Payment |
No Complaints |
Financial
Information
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Source |
Bank of |
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Figures are |
Declared |
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Currency |
USD |
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Months |
Sales Figures |
Sales |
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12 |
31/12/2007 |
390,000= |
Reporter Comments
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Comments |
On a direct call,
nobody accepted to answer our questions. |
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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 to 5 days beyond terms. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.77 |
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1 |
Rs.79.78 |
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Euro |
1 |
Rs.63.36 |
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%)