MIRA
INFORM REPORT
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Report Date : |
8th
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
ANTRIX DIAMOND EXPORTS LIMITED |
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Registered Office : |
18 East 48th Street 12th Floor, New York , New York 10017, United States |
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Country : |
United States |
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Date of Incorporation : |
09/12/1987 |
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Legal Form : |
Limited Company |
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Line of Business : |
Manufacturer and Distributor of loose
diamonds and finished 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
Company Name : ANTRIX DIAMOND EXPORTS LIMITED
Address : 18 EAST 48TH STREET 12TH FLOOR
City : NEW YORK
State/Province : NEW YORK
Zip Code : 10017
Country : UNITED STATES
Telephone : 212 768-7575
Facsimile : 212 768-4204
Legal Form : Limited Company
Website : N/A
@rating Opinion :
Business Activity : Antrix Diamond Export PVT LTD., is a loose diamonds and finished jewelry
manufacturer and distributor.
Founded (D/M/Y) : 10/03/1987
As of :
Sales / Revenue :
Net Income :
Total Equity :
Number of Employees : 62
NOTE TO CLIENT
Contact Person : Girish Shah
Position : Financial Controller
LEGAL
Legal Form : Limited Company
Since (D/M/Y) : 09/12/1987
State/Province of Incorporation : NY
Status : ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
Selected Entity Name: ANTRIX DIAMOND EXPORTS PRIVATE LIMITED
Selected Entity Status Information Current
Entity Name : ANTRIX DIAMOND EXPORTS LIMITED
Initial DOS Filing Date : DECEMBER 09, 1987
County : NEW YORK
Jurisdiction : INDIA
Entity Type : FOREIGN BUSINESS CORPORATION
Current Entity Status : ACTIVE
ANTRIX DIAMOND EXPORTS PRIVATE LIMITED
608 5TH AVE
STE 501
NEW YORK, NEW YORK, 10020
Registered Agent
NONE
NOTE: New York State does not issue organizational identification numbers.
Managers/Key Personnel
Mr. Ajay F. Gandhi President
Mr. Anshul A. Gandhi Vice President
AFFILIATED ENTITIES
Affiliated companies related through the parent Company are:
Shubh Exports India
Diam Trade Corporation New York
Parent Companies
Parent Company: Dialuck Corporation
NY
UNITED STATES
The following is a balance sheet for Dialuck Corporation, the Parent Company.
Consolidated Balance Sheets for Dialuck Corporation in Actual US$:
December 30, 2006 December 30, 2005
Total Current Assets: 35,512,620 34,627,280
Total Assets: 35,881,267 35,881,267
Long-term Debt: 12,876,009 12,222,756
Total Current Liabilities: 15.830,011 15,746,345
Total Liabilities: 28,706,020 27,969,097
Net Worth/Equity: 7,175,247 6,951,664
Total Revenues: 51,613,642 32,358,646
Net Income: 223,583 166,863
BANKS
Sovereign Bank
New York NY
Telephone : 401 752-1067
Facsimile : 401 752-1438
Account Number : 473 04936173
Account Manager : Ms. Janice Stinchfield
The bank requires a written authorization before they release any information on their commercial accounts. If management provides an authorization it will be forwarded on to the bank. It is our experience that these requests could take several days before a response is received.
PAYMENT HISTORY
Antrix Diamond Export Pvt Ltd. is not a
seeker of local trade credit, as such a
payment record could not be developed. The following is a payment record fpr
Dialuck Corporation, the parent company of
Antrix Diamond Export Pvt Ltd.
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY
REPTD SALE TERMS $
$ % 30
60 90 91+ COMMENTS
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
COMPUTERS
07-01 01-05 CREDIT 15000 0
0 0 0 0 0
FINCL SVCS 07-01 06-11 0000000 0 0 0 0 0
0 0 SATSFTRY
OFFC SUPPL 07-01 00-00 CREDIT 1500
0 0 0
0 0 0
PACKAGING
07-01 00-00 NET 30 500 0
0 0 0 0 0
CUST 1 YR
FINCL SVCS 06-03 00-00 CONTRCT 0 0 0 0 0
0 0
GENERAL
05-02 01-11 NET 30 0 0 0 0 0
0 0 CUST 8 YR
LEASING
06-12 00-00 CONTRCT 300
300 100 0 0
0 0
LEASING
05-01 05-01 NOTE 6500 4300
100 0 0 0
0
LEASING
04-03 00-00 CONTRCT 500 0 0
0 0 0 0 CUST
2 YR
OFFC SUPPL 05-11 00-00 CREDIT 0
0 0 0
0 0 0 CUST 2 YR
TELECOM
06-02 00-00 NET 30 100 100
45 44 11 0 0
DISPUTE
CURRENT QUARTER 17000
0 0 0 0
0 0
Payment
Trends
INDUSTRY BUSINESS
BALANCE CUR 1- 31- 61-
DATE
CUR DBT DBT $ % 30
60 90 91+
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--- --- --- -------- --- --- --- --- ---
20070100
0 6 0 100 100 0
0 0 0
20061200
0 6 0 0 0 0
0 0 0
20061100
0 6 0 100 100
0 0
0 0
20061000
0 6 0 100 100
0 0
0 0
20060900
0 5 0 0 0 0
0 0 0
20060800
0 7 14 600 6 94
0 0 0
FINANCIAL INFORMATION
Antrix Diamond Export PVT LTD., does not furnish separate financial statements as they are consolidated into those of the parent company which are summarized above.
CURRENT OPERATIONS
NAICS Code: 42194 Jewelry, Watch, Precious Stone and Precious Metal
SIC Code: 5094
Number of Employees: 62
Business Activity
Antrix Diamond Export PVT LTD., is a loose diamonds and finished jewelry manufacturer and distributor.
The above address is the corporate headquarters and sole location for the firm consisting of 4,100 square feet of leased space.
TRADE REFERENCES
Trade References : Beauty Gems
Address : New York, NY
Contact Name : Mr. Sarju Shah
Telephone : 212 391-0312
Mr. Shah is the only person authorized to provide a reference and is currently out of the country .
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Trade References : OTC International LTD
Address : Long Island, NY
Contact Name : Mr. Ellian
Telephone : 718 391-7400
Fax : 212 391-0313
A request trade reference fax was sent and if he responds the information will be forwarded on.
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Trade References : Gabriel & Co
Address : New York, NY
Contact Person : Mr. Jack
Telephone : 212 719-3258
Fax : 212 921-1611
Account Opened : 2004
Line of Credit : Open
Outstanding : $14,000
Amount Past Due : 0
#Days Late : 0
High Credit : $30,000
Date of Last Sale : 10/06
Average Days to Pay : 30
Rating:
Additional Comments:
Great client and easy of work with. Antrix Diamond Export supplies diamonds to Gabriel & Co
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Trade References : Disons Gems
Address : New York, NY
Contact Name : Mr. Milan
Telephone : 212 921-4133
Fax : 212 730-8265
A request trade reference fax was sent, upon request the report will be amended.
It is our experience that these requests could take several days before a response is received.
PUBLIC RECORD
DEBTOR
INFORMATION
Debtor : ANTRIX DIAMOND EXPORT LTD
10 W. 46TH ST
NY, NEW YORK
UNITED STATES
SECURED
PARTY INFORMATION
Secured Party : ALGEMENE BANK NEDERLAND NY
335 MADISON AVE, NY, NEW YORK, UNITED STATES
CROSS
REFERENCES
Document ID : FT_3360004413736
Document ID : FT_3460004413746
Document ID : FT_3520004652252
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DEBTOR
INFORMATION
Debtor(s) : ANTRIX DIAMOND EXPORT LTD.
10 WEST 46TH STREET, NEW YORK, NY 10036
SECURED
PARTY OR CREDITOR INFORMATION
Secured Party(s): ABN AMRO BANK N.V. (SUCCESSOR BY MERGER TO ALGEMENE NEDERLAND
N.V.)
335 MADISON AVENUE
NEW YORK, NY 10017
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DEBTOR
INFORMATION
Debtor: ANTRIX DIAMOND EXPORTS LIMITED
10 WEST 46TH STREET
NEW YORK, NEW YORK 10036
UNITED STATES
SECURED
PARTY INFORMATION
Secured Party: GENERAL ELECTRIC CAPITAL CORPORATION
40 OLD RIDGEBURY ROAD
DANBURY, CONNECTICUT 06810
UNITED STATES
CROSS
REFERENCES
Document ID: FT_1000006794200
Document ID: FT_1730007353973
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CIVIL JUDGMENT FILING RECORD
DEBTOR
INFORMATION
Debtor: ANTRIX DIAMOND EXPORTS LTD
10 W 46 ST
NEW YORK, NY 10017
Debtor Type: BUSINESS BUSINESS DEBTOR
Debtor Amount: $57,181
CREDITOR
INFORMATION
Creditor: RAJ JEWELERS
JUDGMENT
INFORMATION
Total Amount: $57,181
Status Date: 08/13/2003
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A search of public nationwide revealed no uniform commercial codes legal actions or bankruptcy petitions.
GENERAL COMMENTS
Antrix Diamond Export PVT LTD., is a manufacturer and distributor of jewelry, watches, precious stones and metals. The Company has been engaged in business since 1987. The payment record of the parent company Dialuck Corporation is satisfactory; however, there are some legal actions lodged against the Company. The status is uncertain as no further information is currently available.
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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