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MIRA INFORM REPORT
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Report No. : |
495549 |
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Report Date : |
07.03.2018 |
IDENTIFICATION DETAILS
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Name : |
SAT NAAM INDUSTRIES LIMITED |
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Registered Office : |
LP 50 Corner Mi Trace And El Socorro Main Road,
El Socorro, San Juan |
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Country : |
Trinidad and Tobago |
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Financials (as on) : |
2016 [Summarized] |
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Date of Incorporation : |
20.07.2010 |
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Legal Form : |
Limited Company |
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Line of Business : |
Subject is dedicated to the wholesale of jewelry, precious stones and
diamonds. |
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No. of Employees : |
41 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Satisfactory |
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Payment Behaviour : |
Slow but correct |
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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.
STATUTORY
INFORMATION
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Legal Name: |
SAT NAAM INDUSTRIES LIMITED |
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Trade Names: |
CARIBBEAN JEWELLERS |
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ID: |
#1426058 |
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Date Created: |
2010 |
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Date Incorporated: |
2010-07-20 |
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Legal Address: |
LP 50 Corner Mi Trace And El Socorro Main Road,
El Socorro, San Juan, Trinidad And Tobago |
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Operative Address: |
LP 50 Corner Mi Trace And El Socorro Main Road, El Socorro, San Juan,
Trinidad And Tobago |
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Telephone: |
001 868 285 9068 |
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Fax: |
001 868 675 5618 |
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Legal Form: |
Limited Company |
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Email: |
mel.caribbean@hotmail.com |
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Registered in: |
TRINIDAD AND TOBAGO |
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Website: |
www.cjdiamonds.com/contactus |
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Contact: |
Melisa Ali - Operations Manager |
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Staff: |
41 |
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Activity: |
NAICS 1: Jewelry, Watch, Precious Stone, and Precious Metal Merchant
Wholesalers SIC 1: Jewelry And Precious Stones |
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Banks: |
The company does not disclose its banking details. |
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History: |
The company was founded in 2010. |
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PRINCIPAL
ACTIVITY
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Sat Naam Industries is dedicated to the wholesale of jewelry, precious
stones and diamonds. |
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Products/Services description: |
The company offers of jewelry, precious stones and diamonds |
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Brands: |
Caribbean Jewellers |
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Sales are: |
Wholesale |
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Clients: |
Retailers |
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Suppliers: |
Shenzhen Yongjian Zhubao Co Ltd |
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Operations area: |
National |
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The company imports from |
CHINA |
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The subject employs |
41 employees |
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Payments: |
Slow but correct |
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LOCATION
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Headquarters : |
LP 50 CORNER MI TRACE AND EL SOCORRO MAIN ROAD, EL SOCORRO, SAN JUAN, TRINIDAD
AND TOBAGO |
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Comments on Address: |
- |
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Branches: |
Caribbean Jewellers Gulf City Mall Lowlands, Tobago Trinidad and Tobago Caribbean Jewellers Trincity Mall Trincity Trinidad and Tobago |
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Related Companies: |
No related companies were found. |
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GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
The company does not disclose information on shareholders. We were not
able to confirm major holders. |
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Management: |
Melisa Ali - Operations Manager Mrs Tracian Lopez – Manager Ms Jeanette Johnson - Manager |
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FINANCIAL
INFORMATION
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The company does not make its financial
statements public. The following information has been provided by private
sources: |
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USD 2016 |
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Sales |
940.000 |
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Cash flow |
Normal |
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LEGAL
FILINGS
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CASES |
No records found. |
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OFAC Sanctions List Search |
The company is not listed in the OFAC list. |
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SUMMARY
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Sat Naam Industries Limited is a mid-sized organization in the jewelry
and precious stone company’s industry located in San Juan, Trinidad &
Tobago. It opened its doors in 2010 and now has $0.9 USD in yearly revenue and
approximately 41 employees. The company operates nationally, mainly importing from China. It is ACTIVE in business with no negative records. |
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RISK
INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
Slow but correct |
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CASH FLOW |
Normal |
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STATUS |
Active |
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INTERVIEW |
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NAME |
Melisa |
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POSITION |
Manager |
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COMMENTS |
She confirmed the name of the company, the address of the headquarters
and location, the date of creation of the company and the number of employees.
She also confirmed the company`s trade name and its branch locations. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 64.99 |
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1 |
INR 89.91 |
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Euro |
1 |
INR 80.21 |
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TTD |
1 |
INR 9.61 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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PRI |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.