MIRA
INFORM REPORT
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Report Date : |
03.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
3361781 CANADA INC. |
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Registered Office : |
4930 Courval Street, Montreal, Quebec, H4t 1l1 |
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Country : |
Canada |
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Date of Incorporation : |
03/04/1997 |
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Legal Form : |
Federally Chartered Corp. - Private |
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Line of Business : |
Wholesaler of bathroom accessories |
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 : |
Usually correct |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: 3361781 CANADA INC.
Trade Name(s): SPLASH HOME
Address: 4930 COURVAL STREET
City: MONTREAL
State/Province: QUEBEC
Zip Code: H4T
1L1
Country: CANADA
Telephone: 514 343-0220
Facsimile: 514 343-0297
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees: 35
Legal Form: Federally Chartered Corp. - Private
Website: N/A
Business Activity: 3361781
CANADA INC., is a wholesaler of bathroom accessories which include curtains,
towels,
carpets, soaps and other items.
NOTE TO CLIENT
Contact Person: Mr. Louis Domingo
Position: Financial Controller
Special Note: The provided name Splash Home is a DBA for 3361781 CANADA
INC. for which a report has been provided.
LEGAL
Legal Form: Federally
Chartered Corp. - Private
Since (D/M/Y): 03/04/1997
State/Province of Incorporation: Canada/Que
Status:
ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
The Company is federally incorporated in Canada under the following
registration:
Corporation Name(s):
3361781 CANADA INC.
Corporation Number:
3361781
BN Number:
885892547RC0001
Mailing Address: [Latest address on file]
Care of:
SPIEGEL SOHMER
Street:
2340 CH.
LUCERNE SUITE 4
City:
MONT-ROYAL
Province:
Quebec
Postal Code:
H3R2J8
Country:
Canada
Registered Office Address:
[Latest address on file]
Street:
4930 COURVAL
City:
MONTREAL
Province: Quebec
Postal Code:
H4T1L1
Country:
Canada
Country:
Canada
Reg. Off. Eff:
1997/04/03
Status Date:
Active 2007/02/25
Dissolution in Progress:
2007/01/11
Active:
2005/07/27
ACT Name:
Canada Business Corporations
Act
Incorporation:
1997/04/03
Anniversary:
1997/04/03
Intent to Dissolve:
Import: - Revocation of Intent:
Export: - Update:2007/02/25
Managers/Key
Personnel
Mr. Samuel Drazin
President
Ms. Drazin Ami
Secretary
Mr. Louis Domingo
Controller
AFFILIATED ENTITIES
Mr. Louis Domingo stated that there were no affiliated or related
businesses.
BANKS
Banque Royale
Montreal PQ
Telephone: 1800 563-8226
Facsimile:
Account Number:
Account Manager:
The above bank requires an account number and a signed authorization
which management declined.
PAYMENT HISTORY
Supplier's Name/Industry Terms Amount/Pay Habits/Comments
Rptd
Open Credit Credit
High Total Current
Past Due/Pay Period
Date
Date Limit Limit Dt. Credit Owing $ 1st
2nd 3rd
------------------------------------------------------------------------------
Transportation Serv:
*Mar 0
158 158 35
35 0 88
Transportation Serv:
*Feb 0
237 237 0
237 0 0
Arrg Transp of Freig:
*Feb 0
199 199 199
0 0 0
------- -------
------- ------- ------- -------
P.I. =
30 90 Days 594
594 234 272
0 88
Reported ------- ------- ------- ------- -------
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-------
------- ------- ------- ------- -------
P.I. =
30 Total 594 594 234 272
0 88
Reported ------- ------- ------- ------- -------
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PAYMENT TRENDS
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Payment C.I. Number of Total
Current Overdue
Quarters
Index Score Suppliers
Owing $ 1st 2nd 3rd
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1 Qtr/2007
30 30 3 594 234 272 0 88
4 Qtr/2006
57 28 1
1,740 282 475
432 551
3 Qtr/2006
10 20 1 926 838 0 0 88
2 Qtr/2006
15 20 1
1,357 734 623 0 0
1 Qtr/2006
NA 20 0 0 0 0 0 0
4 Qtr/2005
7 20 1
2,138 1,725 374 39 0
FINANCIAL INFORMATION
Mr. Louis Domingo declined all financial information citing
confidentiality. Outside sources could not provide any insight into the
financial condition of the firm.
CURRENT OPERATIONS
NAICS Code: 42 Wholesale Trade
Number of Employees: 35
Business Activity:
3361781 CANADA INC., is a wholesaler of bathroom accessories which
include curtains, towels, carpets, soaps and other items. The above address is the headquarters of the
Company, which operates on a 40,000 Square feet owned facility. The Company has another showroom location in
New York City.
TRADE REFERENCES
The following companies have been contacts; the report will be amended
upon receipt of a response. It is our experience that these requests could take
several days before a response is received.
Name: Arrival Chime
Address: 410 St. Pierre Street
Montreal, H2Y2M2
Phone: 514 849-7595
Fax: 514 849-3484
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Name: Lazer Paper
Address: 123 Barr Street
Montreal, H4T1w6
Phone: 514 341-7144
Fax: 514 341-7147
PUBLIC RECORD
Nothing of a negative nature was reported or noted against the Firm.
GENERAL COMMENTS
3361781 CANADA INC. dba: Splash Home, is a wholesaler of bathroom
accessories engaged in business since 2003. The payment record is rather
limited and reflects some mixed payments. Nothing of a negative nature was
reported against the Firm.
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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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 and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)