MIRA
INFORM REPORT
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Report Date : |
30.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
EISA TRADING INC |
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Registered Office : |
588 Miller Way,
Milton, On, L9T 6G4 |
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Country : |
Canada |
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Date of Incorporation : |
05/07/2007 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Engaged as a
wholesaler of scrap metals and machines. |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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. |
Small |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name: EISA TRADING INC
Trade Name:
Address: 588
MILLER WAY
City: MILTON
State/Province: ON
Zip Code: L9T 6G4
Country: CANADA
Telephone: 905
864-4705
Facsimile: 905
864-4705
URL No
Website
Legal Form: Corporation –
Private
Founded (D/M/Y):
Sales / Revenue: -
Net Income:
Total Equity:
Number of
Employees: 2
Shareholder:
Business Activity: The Subject is
engaged as a wholesaler of scrap metals and machines.
NOTE TO CLIENT
PERSON CONTACTED:
Mr. Shahid Tufail, President
Mr. Shahid
confirmed the information in this report.
LEGAL
Legal Form: Corporation
- Private
Incorporation
State ONTARIO
Status: ACTIVE
Since (D/M/Y): 05/07/2007
The company is NOT
required to publish an annual financial report.
The Subject is a provincially charted corporation in Ontario:
Legal Name EISA TRADING INC.
File Number 001740070
Date of Incorporation 7/5/2007
Status ACTIVE
Jurisdiction ONTARIO
MANAGERS / KEY PERSONNEL
Mr. Shahid Tufail President
AFFILIATED COMPANIES
There are no
affiliates or subsidiaries.
BANKS
TD CANADA TRUST
City: Toronto
State/Province: ON
Country: CANADA
Telephone: 416 982-4364
Facsimile: 416 982-6261
The above bank requires
signed authorization which management declined to provide.
PAYMENT HISTORY
No payment record could could be obtained under the Subject's name. Mr. Tufail declined to provide supplier references.
FINANCIAL INFORMATION
The Subject has
just started operations in July of 2007, it has not completed a fiscal year.
Mr. Tufail declined to provide any projected figures.
CURRENT OPERATIONS
SIC Code:
NAICS Code: 4219
Miscellaneous
Durable Goods Wholesalers
Number of
Employees: 2
Business Activity:
The Subject is
engaged as a wholesaler of scrap metals and machines.
The above address
is the sole location for the Subject.
PUBLIC RECORD
No derogatory information has been reported or noted.
COMMENTS
Eisa Trading Inc. is a new company engaged as a wholesaler of scrap metal and machines. No payment record
could be obtained. No derogatory information has been
exported or noted. A search of the 9 jurisdictional bankruptcy
courts of Canada report no bankruptcy filings by the Subject.
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. |
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%)