MIRA INFORM REPORT
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Report Date : |
08.01.2007 |
IDENTIFICATION DETAILS
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Name : |
CLEAR
LIGHT INC |
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Registered Office : |
551,
5th Avenue, 35th Floor, New York, 10017 United
States |
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Date of Incorporation : |
15/08/1997 |
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Legal Form : |
Corporation
– Private |
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Line of Business : |
Engaged
as a manufacturers and wholesalers of fine diamonds and jewelry. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
RATING
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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 : |
Usually Correct |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: CLEAR
LIGHT INC.
Address: 551
5TH AVENUE 35TH FLOOR
City: NEW
YORK
State/Province: NEW
YORK
Zip Code: 10017
Country: UNITED
STATES
Telephone: 212-317-8600
Facsimile: 212-317-0400
Legal Form: Corporation
- Private
Website: No
Website
Maj. Shareholder: MR.
VINIT MEHTA
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees: 4
Business Activity:
CLEAR LIGHT INC. is engaged
as a manufacturer and wholesaler of fine diamonds and jewelry.
NOTE TO CLIENT
The information in this
report was provided by MR. VINIT MEHTA, President. He declined to provide any
further information.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 15/08/1997
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT required to
publish an annual financial report.
Current Entity Name: CLEAR
LIGHT INC.
Initial DOS Filing Date: AUGUST
15, 1997
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)
C/O VINIT MEHTA
579 5TH AVENUE
NEW YORK, NEW YORK, 10017
Registered Agent
NONE
Managers/Key Personnel
MR. VINIT MEHTA President
OWNERS
MR. VINIT MEHTA % Majority
AFFILIATED ENTITIES
There are no known
subsidiaries, divisions or parent companies.
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
A banking reference was
declined.
PAYMENT HISTORY
It is believed that the
Company is not a seeker of local trade credit as a significant payment record
could not be developed.
FINANCIAL INFORMATION
All financial information was
declined by the President, MR. VINIT MEHTA. No financial figures regarding the
subject company could be obtained at the time of this report.
CURRENT OPERATIONS
NAICS Code: 339911 Jewelry (except Costume) Manufacturing
SIC Code: 3911
NAICS Code: 42194 Jewelry, Watch, Precious Stone and
Precious Metal
Number of Employees: 4
Business Activity:
CLEAR LIGHT INC. is engaged
as a manufacturer and wholesaler of fine diamonds and jewelry.
The heading address is the
headquarters and only known location for the subject company. The location is
leased with 2600 SQ FT. of space.
TRADE REFERENCES
Trade references were
declined.
PUBLIC RECORD
A national bankruptcy search
yielded no results regarding the subject company.
We found a state tax lien, a
civil trial and a judgment which are shown below:
Name Searched: CLEAR LIGHT
INC
Amount: $ 744.05
Creditor: NY STATE DEP'T OF
TAXATION AND FINANCE
W.A. HARRIMAN STATE CAMPU
ALBANY NY 12227-0001
Debtors: CLEAR LIGHT INC.
551 5TH AVE STE 3500
NEW YORK NY 10017-2409
Docket Date: 05/17/2005
Docket Type: NY STATE TAX
WARRANT
Lien Type: JUDGMENTS DOCKET
Transaction Number:
31001995671
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Name Searched: CLEAR LIGHT
INC
Defendant Counsel: UNKNOWN
Defendant: ALONI DIAMONDS LTD
ANDIAMOND
ANTWERP DIAMOND DISTR
ARON KNOBLOCH INC
CHASEN LARRY
CLEAR LIGHT INC
DIATRACO CORP
EKNAM HOROWITZ TRADING
ESSKAY GEMS INC
IDEAL BRILLANT CO INC
INDENBAUM & CO
KHAFI JOSEPH
KNOBLOCH ARON
KWIAT INC
RAMA MANUFACTURING CO
SHENOA CO INC
WALDMAN DIAMONDS COMPLETE LLC
Plaintiff Counsel: CASCIONE
PURCIGLIOTTI/GALLUZZI
20 VESEY STREET - SUITE 1100
NEW YORK, NEW YORK 10007
212 964-9640
Plaintiff: MCCANN ENTERPRISES
MCCANN JOHN
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Name Searched: CLEAR LIGHT
INC
Debtor Address: CLEAR LIGHT,
INC.
579 FIFTH AVENUE
NEW YORK, NY 10017
Secured Parties: ANTWERPSE
DIAMANTBANK N.V. PELIKAANSTRAAT
Filing Date: 1/27/2000
Filing Number: 00018479
Filing Type: INITIAL FILING
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Name Searched: CLEAR LIGHT
INC
Amount: $ 744
Creditor: NYS TAX COMMISSION
W A HARRIMAN STATE CAMPU
ALBANY, NY 12227-0001
Debtors: CLEAR LIGHT INC
551 5TH AV
NEW YORK, NY 10017-2409
Docket Number: 1995671
Filing Date: 5/17/2005
Type: STATE TAX LIEN
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Name Searched: CLEAR LIGHT
INC
Debtors: CLEAR LIGHT, INC.
579 FIFTH AVENUE
NEW YORK, NY 10017
Filing Date: 01/31/2000
Filing Number: 00PN06021
Filing Type: INITIAL FILING
Original Filing Number:
00PN06021
Secured Party: ANTWERPSE
DIAMANTBANK N.V.
B-2018 10017
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Name Searched: CLEAR LIGHT
INC
Debtor Address: CLEAR LIGHT
INC.
551 FIFTH AVENUE
NEW YORK, NY 10017
CLEAR LIGHT, INC.
579 FIFTH AVENUE
NEW YORK, NY 10017
Secured Parties: ANTWERPSE
DIAMANTBANK N.V.
Filing Date: 11/23/2004
Filing Number: 0411238390876
Filing Type: CONTINUATION
Original Filing Number:
00018479
GENERAL COMMENTS
CLEAR LIGHT INC. is
established with operations dating from August of 1997.
The operation history
revealed a judgment, a civil trial and a state tax lien.
These filings are not
believed to have impacted normal operations. The subject is considered to be
responsible for normal business transactions at this time.
RATING EXPLANATIONS
RATING
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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 |