MIRA INFORM REPORT
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Report Date : |
14.05.2011 |
IDENTIFICATION DETAILS
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Name : |
JULIUS KLEIN DIAMONDS LLC |
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Formerly Known As : |
DKJ, LLC |
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Registered Office : |
20 W 47th Street Floor 9 New York, NY 10036-3303 |
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Country : |
United States |
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Date of Incorporation : |
29.08.2002 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Diamond wholesaler. |
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 Company |
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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 – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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United States |
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: |
Julius Klein Diamonds LLC |
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Address in the order: |
20 West 47th Street 9th Floor, New York, NY 10036 |
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Legal Name: |
Julius Klein Diamonds LLC |
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Legal Address |
20 W 47th Street Floor 9 New York, NY 10036-3303 |
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Operative Address |
20 W 47th Street Floor 9 New York, NY 10036-3303 |
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Telephone: |
+1 (212) 719-1811 |
ID : |
2806384 |
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Fax: |
+1 (212) 921-1769 |
Legal Form: |
Limited Liability Company |
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Email: |
sales@juliusklein.com |
Registered in: |
New York |
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Website: |
www.juliusklein.com |
Date Created: |
2002 |
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Manager: |
Martin Klein, Owner |
Date Incorporated: |
August 29th, 2002 |
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Staff: |
10 |
Stock: |
NA |
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Value: |
NA |
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Activity: |
Diamond wholesaler. |
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BANKS
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Name of the Bank |
STANDARD CHARTERED BANK |
BUSINESS
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HISTORY |
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The company was created in the year 2002. It was formerly known as DKJ, LLC; However it changed its name to Julius
Klein Diamonds, LLC in the year 2002. |
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PRINCIPAL ACTIVITY |
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The company operates as a diamond importer and wholesaler. |
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Products/Services description: |
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Ideal Diamonds Canadian Diamonds Enhanced Diamonds Engagement Diamonds Discount Diamonds |
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Sales are: |
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Wholesale |
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Clients: |
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Jewelry stores Other related industries |
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The company imports from Worldwide |
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The company export to Worldwide |
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The subject employs 10 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 20 W 47th Street Floor 9 New York, NY
10036-3303 |
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Branches: |
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There were no branches found for this company. |
Shareholders - Manager - Related Companies
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Listed at the stock exchange: |
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NO |
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Shareholders Parent Company(ies): |
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This company is rpivately held and has Martin Klein as the main
shareholder. |
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Management: |
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Martin Klein, Owner Nettie Zagelbaum, General manager Moshe Klein, Manager |
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Related Companies: |
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The company has the following related companies: Julius Klein-Eliaz Diamonds Diamonds Exchange Maccabi Building, 14th floor 1 Jabotinsky Street, Ramat-Gan 52520 Israel Julius Klein-Eliaz Diamonds Europe Schupstraat 1-7 C.B.S. Building, Room 609 2018 Antwerp, Belgium Julius Klein-Eliaz Diamond Asia Ltd. Units 1003, Winway Bldg. 50 Wellington Street Central, Hong Kong Julius Klein Diamonds South Africa Rock Heights Bldg. Cnr Rockey & Heights Street South Africa JKD Namibia 25-27 Nickel Street, Prosperita P.O Box 81279 Olympia Windhoek, Namibia Ritani 30 Dr. Martin Luther King Jr. Blvd. White Plains, NY 10601 |
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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We have contacted the operator of the company, who refused to
provide us any financial data without knowing the name of the inquiring
party. |
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However our financial sources could provide us with the following
data. Those figures are estimates provided by confidential banking and
financial institutions working with the company. |
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Currency |
DATE |
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USD |
2010 |
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Turnover |
1,300,000 |
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Legal Fillings |
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There are several UCC** files listed with
the Secretary of State of New York. There are no legal filings listed with the
District Court. THE COMPANY IS NOT LISTED ON THE OFAC
LIST.* For information: * The Specially Designated Nationals (SDN)
List is a publication of OFAC which lists individuals and organizations with
whom United States citizens and permanent residents are prohibited from doing
business. ** The Uniform Commercial Code (UCC) is one
of a number of uniform acts that have been promulgated in conjunction with
efforts to harmonize the law of sales and other commercial transactions in
all 50 states within the United States of America. The UCC deals primarily with transactions
involving personal property (movable property), not real property (immovable
property). It allows a creditor to notify other
creditors about a debtor’s assets used as collateral for a secured
transaction by filing a public notice (financing statement) with a particular
filing office. The Uniform Commercial Code Bureau files
and maintains on financial obligations (including IRS liens) incurred by
individuals (in business as a sole proprietor), business entities and
corporations. |
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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This American company has been in business
for 9 years. It has a staff of 10 employees which makes it a small sized
company. There were no legal filings found against
the company or its legal representatives. Since this is a Limited Liability Company,
no action could succeed against the owner's personal assets. We've contacted the company but they
refused to provide us any financial information per security purposes. |
SUMMARY
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Profitability |
CORRECT |
Public Records |
NO |
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Indebtedness |
N.A. |
Payments |
REGULAR |
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Cash |
NORMAL |
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APPENDIX
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Position |
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Operator |
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Comments |
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The person contacted refused to provide us any information on grounds
of confidentiality. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.91 |
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UK Pound |
1 |
Rs.73.06 |
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Euro |
1 |
Rs.64.03 |
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 |
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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.