MIRA INFORM REPORT

Report Date :

23.07.2011

IDENTIFICATION DETAILS

Name :	R M & SONS INC
Registered Office :	30 W 47th St, Ste 603, New York, NY 10036-8644
Country :	United States
Date of Incorporation :	Not Available
Legal Form :	Private Independent
Line of Business :	Wholesale Distribution of jewelry, precious stones and metals, costume jewelry, watches, clocks, silverware, and jewelers' findings.

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 31^st, 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

Company name & address

Bottom of Form

R M & Sons Inc

30 W 47th St

Ste 603

New York, NY 10036-8644

United States

Tel: 212-302-3424

Synthesis

Employees: 5

Company Type: Private Independent

Financials in: USD (Million)

Reporting Currency: US Dollar

Annual Sales: 5.0

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

NACE 2002: 5147 - Wholesale of other household goods

NAICS 2002: 423940 - Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers

UK SIC 2003: 51473 - Wholesale of jewellery

US SIC 1987: 5094 - Jewelry, Watches, Precious Stones, and Precious Metals

Key Executives

(Emails Available)

Name Title

Ramesh Vora President

1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1

2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1

Corporate Overview

Location

30 W 47th St

Ste 603

New York, NY, 10036-8644

New York County

United States

Tel: 212-302-3424

Sales USD(mil) : 5.0

Assets USD(mil): NA

Employees: 5

Industry: Jewelry and Silverware

Company Type: Private Independent

Quoted Status: Not Quoted

President: Ramesh Vora

Contents

· Industry Codes

· Business Description

· Financial Data

Industry Codes

ANZSIC 2006 Codes:

3732 - Jewellery and Watch Wholesaling

NACE 2002 Codes:

5147 - Wholesale of other household goods

NAICS 2002 Codes:

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

US SIC 1987:

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

UK SIC 2003:

51473 - Wholesale of jewellery

Business Description

Establishments primarily engaged in the wholesale distribution of jewelry, precious stones and metals, costume jewelry, watches, clocks, silverware, and jewelers' findings.

Financial Data

Financials in:	USD(mil)
Revenue:	5.0

1 Year Growth

NA

Executive

Name	Title	Function
Ramesh Vora View Email	President	President

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.38
UK Pound	1	Rs.72.34
Euro	1	Rs.63.87

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.