MIRA
INFORM REPORT
|
Report Date : |
17.11.2006 |
IDENTIFICATION
DETAILS
|
Name : |
CANADIAN KITCHEN CONCEPTS |
|
|
|
|
Registered Office : |
15 Vicora Linkway #1706, North York,
Ontario M3C 1A9 |
|
|
|
|
Country : |
Canada |
|
|
|
|
Date of Incorporation : |
2004 |
|
|
|
|
Legal Form : |
Sole Proprietorship |
|
|
|
|
Line of Business : |
Importer and distributor of kitchen
countertops, granite, tiles and slate for use in kitchens. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
Status : |
New
Company |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
|
Company
Name |
CANADIAN KITCHEN CONCEPTS |
|
Address |
15 VICORA LINKWAY #1706 |
|
City |
NORTH YORK |
|
State/Province |
ONTARIO |
|
Zip
Code |
M3C 1A9 |
|
Country |
CANADA |
|
Telephone |
416 732-5285 |
|
Facsimile |
416 425-1280 |
|
Founded
(D/M/Y) |
/ /2004 |
|
In
KCAD As of |
31/12/2005 |
|
Sales
/ Revenue |
100 |
|
Legal
Form |
Sole Proprietorship |
|
Net
Income |
- |
|
Total
Equity |
- |
|
Number
of Employees |
- |
|
Website |
No Website |
|
Business
Activity |
CANADIAN KITCHEN CONCEPTS is engaged as an importer and distributor of kitchen countertops, granite, tiles and slate for use in kitchens. |
NOTE TO CLIENT
The information in this report was provided by Mr. Riazali Mewawala, Owner. A written request for additional information has been faxed to the subject company. If a response is received this report will be updated immediately.
NOTE : The requested name, CANADIAN KITCHEN CONCEPTS, is for the sole proprietorship of Mr. Riazali Mewawala.
NOTE : The subject company has 0 employees.
NOTE : The provided Bank : STATE BANK OF INDIA(CANADA) 200 BAY STREET SUITE 1600 ROYAL BANK PLAZA NORTH TOWER TORONTO, ON M5J 2J2, is not the primary bank for the subject company. Mr. Riazali Mewawala declined to provide account information for this reason. An additional banking reference is shown below.
LEGAL
Legal Form : Sole Proprietorship
Status : ACTIVE
Previous Legal Form :
Company is NOT required to publish an annual financial report.
CANADIAN KITCHEN CONCEPTS, is for the sole proprietorship of Mr. Riazali Mewawala which was founded in 2004.
Managers/Key
Personnel
Mr. Riazali Mewawala Owner
AFFILIATED ENTITIES
There are no subsidiaries, divisions or parent companies.
BANKS
Habib Canadian Bank
918 Dundas Street East
Mississauga ON L4Y 4H9
Telephone: (905) 276-5300
Facsimile:
Account Number:
Account Manager:
A faxed request for a banking reference has been sent. If a response is received this report will be updated immediately, however it our experience that these requests take several days to be received in our office.
STATE BANK OF INDIA
200 BAY STREET SUITE 1600 ROYAL BAN
TORONTO ON M5J 2J2
Telephone: 416 865-0414
Facsimile: 416 865-1735
Account Number:
Account Manager:
Requires an account number which was declined.
PAYMENT HISTORY
No significant payment record was found.
FINANCIAL INFORMATION
FINANCIAL FIGURES
Year-End (D/M/Y): 31/12/2005 31/12/2005 31/12/2005
Consolidated
Sales / Revenues 100 - -
CURRENT OPERATIONS
NAICS Code: 42132 Brick, Stone and Related Construction Material Who
SIC Code: 5032
Number of Employees:
Business Activity:
CANADIAN KITCHEN CONCEPTS is engaged as an importer and distributor of kitchen countertops, granite, tiles and slate for use in kitchens. The heading address is the headquarters and sole location for the subject company.
TRADE REFERENCES
Trade references could not be obtained at the time of this report.
PUBLIC RECORD
Nothing adverse regarding the subject was found.
GENERAL COMMENTS
CANADIAN KITCHEN CONCEPTS is relatively new with operations dating from 2004. No adverse information regarding the subject company was found. The subject is considered to be responsible for normal business transactions at this time.
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
|
NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
|