MIRA
INFORM REPORT
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Report Date : |
17.11.2006 |
IDENTIFICATION
DETAILS
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Name : |
PARUL DIAMOND CORPORATION |
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Registered Office : |
10 Rockefeller Plaza Suite # 720, New York 10020 |
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Country : |
United States |
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Date of Incorporation : |
27/02/2001 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Wholesaler of loose diamonds and jewelry. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE SUMMARY
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Company Name |
PARUL DIAMOND
CORPORATION |
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Trade Name(s) |
Chirag Jewelry |
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Address |
10 ROCKEFELLER PLAZA
SUITE # 720 |
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City |
NEW YORK |
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State/Province |
NEW YORK |
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Zip Code |
10020 |
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Country |
UNITED STATES |
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Telephone |
212-789-9088 |
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Facsimile |
212-397-0602 |
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Founded (D/M/Y) |
/
/2001 |
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As of |
- |
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Sales / Revenue |
- |
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Net Income |
- |
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Total Equity |
- |
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Number of Employees |
3 |
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Legal Form |
Corporation -
Private |
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Website |
N/A |
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Maj. Shareholder |
Mr. Chetan Kakadiya |
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Business Activity |
The Company is a
wholesaler of loose diamonds and jewelry. |
NOTE TO CLIENT
Person
Contacted: Mr. Chetan Kakadiya,
President and Owner. Mr. Kakadiya
verified and updated the information presented to him.
LEGAL
Legal
Form :
Corporation - Private
Since
(D/M/Y) : 27/02/2001
State/Province
of Incorporation: NY
Status : ACTIVE
Previous
Legal Form :
Company
is NOT required to publish an annual financial report.
The
Company incorporated in New York under the following registration:
Current
Entity Name: PARUL DIAMOND CORPORATION
Initial
DOS Filing Date: FEBRUARY 27, 2001
County:
NEW YORK
Jurisdiction:
NEW YORK
Entity
Type: DOMESTIC BUSINESS CORPORATION
Current
Entity Status: ACTIVE
Selected
Entity Address Information DOS Process (Address to which DOS will mail process if accepted on behalf of
the entity)
PARUL
DIAMOND CORPORATION
DBA
CHIRAG JEWELRY
10
ROCKERFELLA PLAZA #720
NEW
YORK, NEW YORK, 10020
CHETAN
KAKADIYA
25
EDGEWOOD DR
WASHINGTON
TOWNSHIP, NEW JERSEY, 07646
Registered
Agent: NONE
Managers/Key Personnel
Mr.
Chetan Kakadiya
President
OWNERS
Mr.
Chetan Kakadiya
100.00% Majority
The
Company has no subsidiaries or affiliates.
BANKS
Bank
Leumi
579
Fifth Avenue
New
York NY
Telephone:
800-892-5430
Facsimile:
917-542-2254
Account
Number:
Account
Manager:
A
fax was sent to the Company for signed authorization for credit information.
PAYMENT HISTORY
BUSINESS DATE LAST
PAYMENT CREDIT BALANCE CUR 1-
31- 61-
CATEGORY REPTD SALE TERMS
$ $ % 30 60
90 91+ COMMENTS
---------- ----- ----- ------- -------- -------- --- --- --- ---
--- --------
OFFC SUPPL 06-11 06-10 CREDIT
3000 200 100 0
0 0 0 ACCTCLOSED
AIR TRANS 06-06 06-05
0000000 600 600 100 0
0 0 0 CUST 5 YR
AIR TRANS 05-12 00-00 NET
30 0 0 0 0
0 0 0 CUST 1 YR
CELLUL/PAG 04-04 04-03 NET 30
300 0 0
0 0 0 0 CUST
2 YR
CURRENT QUARTER
3000 200 100 0
0 0 0
FINANCIAL INFORMATION
Mr.
Kakadiya declined to provide any financial statement information for this
report, citing company policy.
CURRENT OPERATIONS
NAICS
Code: 42194 Jewelry, Watch, Precious Stone and Precious Metal
SIC
Code: 5094
Number
of Employees: 3
Business
Activity:
The
Company is a wholesaler of loose diamonds and jewelry.
The
Company imports from China and Jewelry.
The
heading address is the sole location for the Subject. The facility consists of leased office space.
PUBLIC RECORD
A
search of public revealed the following information, and no bankruptcy
petitions.
Name
Searched: PARUL DIAMOND CORP
Debtor
Address: PARUL DIAMOND CORPORATION
10
WEST 46TH STREET
NEW
YORK, NY 10036
Secured
Parties: BANK LEUMI USA
Filing
Date: 8/18/2003
Filing
Number: 0308185275691
Filing
Type: INITIAL FILING
--------------------------------------------------------------------------------
Name
Searched: PARUL DIAMOND CORP
Debtor
Address: PARUL DIAMOND CORPORATION
10
ROCKEFELLER PLAZA
NEW
YORK, NY 10020
Secured
Parties: BANK LEUMI USA
Filing
Date: 8/18/2003
Filing
Number: 0308185275742
Filing
Type: INITIAL FILING
--------------------------------------------------------------------------------
Name
Searched: PARUL DIAMOND CORP
Debtor
Address: PARUL DIAMOND CORPORATION
10
ROCKEFELLER PLAZA
NEW
YORK, NY 10020
Secured
Parties: ANTWERPSE DIAMANTBANK N.V.
Filing
Date: 7/6/2006
Filing
Number: 0607060559926
Filing
Type: INITIAL FILING
GENERAL COMMENTS
The
Subject, founded in 2001 in New York, is engaged as a wholesaler of diamonds
and jewelry. The payment record is
generally satisfactory and the operating history is clear. No derogatory information or bankruptcy
petitions were reported or noted. The
Company is responsible for normal business transactions.
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 |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
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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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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