MIRA INFORM
REPORT
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Report Date : |
22.07.2011 |
IDENTIFICATION DETAILS
|
Correct Name : |
B & J DIAMONDS INC |
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Registered Office : |
550 S Hill St, Ste 1353, Los Angeles, CA
90013-2439 |
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Country : |
United States |
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Year of Establishment : |
Not Available |
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Legal Form : |
Private Independent |
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Line of Business : |
Wholesale Distribution of jewelry, precious stones and metals, costume
jewelry, watches, clocks, silverware, and jewelers' findings |
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 : |
Small Concern |
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Payment
Behaviour : |
Unknown |
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Litigation : |
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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 |
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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 |
Company name & address
B & J Diamonds Inc
550 S Hill St
Ste 1353
Los Angeles, CA 90013-2439
United States
Tel: 213-624-6134
Fax: 213-624-9137
Synthesis
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Employees: |
2 |
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Company Type: |
Private Independent |
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Reporting Currency: |
US Dollar |
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Financial in |
USD (millions) |
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Annual Sales: |
2.0 |
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Total Assets: |
NA |
Business Description
|
Establishments primarily engaged in the
wholesale distribution of jewelry, precious stones and metals, costume
jewelry, watches, clocks, silverware, and jewelers' findings. |
Industry
|
Industry |
Jewelry and
Silverware |
|
ANZSIC 2006: |
3732 - Jewellery
and Watch Wholesaling |
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NACE 2002: |
5147 - Wholesale
of other household goods |
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NAICS 2002: |
423940 -
Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers |
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UK SIC 2003: |
51473 -
Wholesale of jewellery |
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US SIC 1987: |
5094 - Jewelry,
Watches, Precious Stones, and Precious Metals |
Key Executives
|
Name |
Title |
|
Joseph Nahamia |
Owner |
1 - Profit & Loss Item
Exchange Rate: USD 1 = USD 1
2 -
Balance Sheet Item Exchange Rate: USD 1 = USD 1
Executives
|
Name |
Title |
Function |
|
Joseph Nahamia |
Owner |
Chief Executive Officer |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.43 |
|
UK Pound |
1 |
Rs.71.90 |
|
Euro |
1 |
Rs.63.41 |
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 |
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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 |
|
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 |
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NB |
New Business |
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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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.