MIRA INFORM
REPORT
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Report Date : |
15.01.2011 |
IDENTIFICATION DETAILS
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Name : |
UNIQUE BLUE |
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Registered Office : |
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Country : |
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Date of Incorporation : |
21.10.2002 |
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Com. Reg. No.: |
2824980 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Diamonds Importer |
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 |
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 |
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 – June 30, 2010
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
GEOPOLITICS - UNITED STATES
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Federal
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Currency: USD |
IDENTIFICATION
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Ordered as: |
Unique Blue |
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Address in the order: |
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Legal Name: |
UNIQUE BLUE |
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Legal Address |
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Telephone: |
+1 (212)-730-80 08 |
Registration Number : |
2824980 |
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Fax: |
+1 (212) 730-85 58 |
Legal Form: |
Limited Liability Company |
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Email: |
Registered in: |
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Website: |
Date Created: |
2002 |
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Manager: |
Bahven Jhaveri - President |
Date Incorporated: |
October 21st , 2002 |
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Staff: |
5 employees |
Stock: |
N.A. |
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Value: |
N.A. |
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Activity: |
Diamonds importer. |
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BANKS
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Name of the Bank |
BANK OF |
BUSINESS
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HISTORY |
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UNIQUE BLUE CRYSTAL, LLC is a private company incorporated in |
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PRINCIPAL ACTIVITY |
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The company operates as a diamonds importer and wholesaler. |
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Products/Services description: |
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Products include: White diamond Fancy diamond Jewelry |
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Sales are: |
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Wholesale |
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Operations area: |
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National, International |
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The company imports from Worldwide |
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The company does not export |
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Trade References: |
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GIA, EGL and HRD laboratories. |
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The subject employs 5 employee(s) |
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PAYMENTS |
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regular |
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LOCATION |
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Headquarters |
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The company is headquartered at: |
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Branches: |
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The company also has operations in |
Shareholders - Manager - Related Companies
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Shareholders Parent Company(ies): |
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Despite our searches, it has not been possible to identify the
shareholders of the company. |
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Management: |
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Bhaven Jhaveri - President |
Financials - COMMERCIAL TRENDS AND FORECAST
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As a private company the subject does not publish any financial
statements. |
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However our financial sources could provide us with the following data
(estimates): |
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Currency |
DATE |
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USD |
2009 |
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Turnover |
630,000 |
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The cash flow is |
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Legal Fillings |
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There are one UCC files listed with the
Secretary of State of New York. |
Rating
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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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Final Opinion |
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The company has 08 years of experience in the business. It's a small size company with 5 employees. The profitability is medium and the length of payments remains
regular. In addition the company's turnover can be considered fair for the
company's size. At this time, we believe that the business has the ability to bear a
small credit line. Therefore, the business connection cannot be conducted. A required review needs to be scheduled within 8 months to fully
assess the 2010 company’s financial state and confirm the company tendencies |
SUMMARY
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Profitability |
MEDIUM |
Public |
NO |
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Indebtedness |
CONTROLLED |
Payments |
REGULAR |
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Cash |
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APPENDIX
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Position |
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Operator |
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Comments |
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She was able to confirm us the information in the report. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.30 |
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1 |
Rs.71.73 |
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Euro |
1 |
Rs.60.40 |
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 |
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 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.