MIRA INFORM REPORT

 

 

Report Date :           

18.08.2011

 

IDENTIFICATION DETAILS

 

Name :

JEBEL GEMS INC

 

 

Registered Office :

71 W 47th St, Ste 1600, New York, NY 10036-2819

 

 

Country :

United States 

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Private Independent Company

 

 

Line of Business :

Manufacturing Jewelry and other articles worn on or carried about the person, made of precious metals (including base metals clad or rolled with precious metals), with or without stones

 

RATING & COMMENTS

 

MIRA’s Rating :

B

           

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Small Company 

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

----

 

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

United States 

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 Bottom of Form

 

Company name & address 

 

Jebel Gems Inc

 

71 W 47th St

Ste 1600

New York, NY 10036-2819

United States

Tel:       212-398-2017

 

 

Synthesis  

 

Employees:                  2

Company Type:            Private Independent

Financials in:                 USD (Millions)

Reporting Currency:       US Dollar

Annual Sales:               0.6

Total Assets:                NA

 

 

Business Description     

 

Establishments primarily engaged in manufacturing jewelry and other articles worn on or carried about the person, made of precious metals (including base metals clad or rolled with precious metals), with or without stones. Products of this industry include cigarette cases and lighters, vanity cases and compacts; trimmings for umbrellas and canes; and jewel settings and mountings.

 

Industry

Industry            Jewelry and Silverware

ANZSIC 2006:    2591 - Jewellery and Silverware Manufacturing

NACE 2002:      3622 - Manufacture of jewellery and related articles not elsewhere classified

NAICS 2002:     339911 - Jewelry (except Costume) Manufacturing

UK SIC 2003:    3622 - Manufacture of jewellery and related articles not elsewhere classified

US SIC 1987:    3911 - Jewelry, Precious Metal

 

           

Key Executives   

 

Name               Title    

Bharat Baghdr   Owner  


Corporate Overview

 

Location

71 W 47th St

Ste 1600

New York, NY, 10036-2819

New York County

United States

Tel:       212-398-2017

           

Sales USD(mil):             0.6

Assets USD(mil):           NA

Employees:                   2

Industry:                        Jewelry and Silverware

Company Type:             Private Independent

Quoted Status:              Not Quoted

Owner:                          Bharat Baghdr

 

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Additional Information

 

Industry Codes

 

ANZSIC 2006 Codes:

3732     -          Jewellery and Watch Wholesaling

2591     -          Jewellery and Silverware Manufacturing

 

NACE 2002 Codes:

3622     -          Manufacture of jewellery and related articles not elsewhere classified

5147     -          Wholesale of other household goods

 

NAICS 2002 Codes:

339911  -          Jewelry (except Costume) Manufacturing

423940  -          Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers

 

US SIC 1987:

5094     -          Jewelry, Watches, Precious Stones, and Precious Metals

3911     -          Jewelry, Precious Metal

 

UK SIC 2003:

51473   -          Wholesale of jewellery

3622     -          Manufacture of jewellery and related articles not elsewhere classified


Business Description

Establishments primarily engaged in manufacturing jewelry and other articles worn on or carried about the person, made of precious metals (including base metals clad or rolled with precious metals), with or without stones. Products of this industry include cigarette cases and lighters, vanity cases and compacts; trimmings for umbrellas and canes; and jewel settings and mountings.

 

 

Financial Data

Financials in:

USD(mil)

 

Revenue:

0.6

1 Year Growth

NA

 

 

Additional Information

ABI Number:

433533338

 

 

 

 

 

Credit Report as of 02/01/2010

 

Location

71 W 47th St Ste: 1600
New York, NY 10036-2819
United States

 

County:

New York

MSA:

New York, NY

 

Phone:

212-398-2017

 

ABI©:

433533338

 

Annual Sales:

$598,000 (USD)

Employees:

2

 

Facility Size(ft2):

2,500 - 9,999

 

Business Type:

Private

Location Type:

Single Location

 

 

Primary Line of Business:

SIC:

3911-01 - Jewelry-Manufacturers

NAICS:

339911 - Jewelry, Except Costume, Mfg

Secondary Lines of Business:

SICs:

5094-06 - Jewelers-Wholesale

NAICS:

423940 - Jewelry Merchant Whols

 

 

 

 


Table of Contents

 Profile Links

·         Similar Businesses in the Area

·         Closest Neighbors

 

External Links

·         Similar Businesses in the Area *

 

Adasco Design Inc

62 W 47th St Ste: 1208

New York, NY 10036-3245         

 

Yardley Jewelers

71 W 47th St Ste: 1204

New York, NY 10036-2866         

 

Sabo Jewelry LLC

66 W 47th St Ste: 4

New York, NY 10036-8616

 

G & J Jewelers

78 W 47th St Ste: 303

New York, NY 10036-8618         

 

JHS

71 W 47th St Ste: 15

New York, NY 10036-2819         

 

S Kashi & Sons

71 W 47th St Ste: 1403

New York, NY 10036-2816

 

Sami Jewelry

78 W 47th St Ste: 301

New York, NY 10036-8618         

 

H Y Jewelry

75 W 47th St Ste: 7

New York, NY 10036-2823         

 

F & R Jewelry Inc

71 W 47th St Ste: 204

New York, NY 10036-2865

 

Milman Jewelry Corp

1196 Avenue Of The Americas Ste: 2

New York, NY 10036-2700

 

   * Similar Businesses are defined as the closest businesses sharing the same six-digit primary SIC code ( 3911-01 - Jewelry-Manufacturers) regardless of size.


Closest Neighbors

 

Alta Diamonds

62 W 47th St

New York, NY 10036-3201         

 

Adasco Design Inc

62 W 47th St Ste: 1208

New York, NY 10036-3245         

 

A To Z Traders Inc

62 W 47th St Ste: 803

New York, NY 10036-3262

 

Abe Mor Diamond Corp

62 W 47th St Ste: 401

New York, NY 10036-3208         

 

A V Jewelry Export & Import

62 W 47th St Ste: 603

New York, NY 10036-3201         

 

A-One Gems

62 W 47th St Ste: 903

New York, NY 10036-3271

 

 

Executive report

 

Executives

 

Name

Title

Function

 

Bharat Baghdr

 

Owner

Chief Executive Officer

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.37

UK Pound

1

Rs.74.56

Euro

1

Rs.65.34

 

 

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

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

----

NB

New Business

----

 

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.