MIRA
INFORM REPORT
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Report Date : |
20.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
WORLD SHINER CANADA INC |
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Registered Office : |
80 Richmond Street West, Unit 808 Toronto On M54 2A4 |
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Country : |
Canada |
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Date of Incorporation : |
24.02.2005 |
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Legal Form : |
Provincially Chartered Corporation - Private |
RATING &
COMMENTS
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MIRA’s Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Undetermined |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name: WORLD SHINER CANADA
INC.
Trade Name:
Address: 80
RICHMOND STREET WEST, UNIT 808
City: TORONTO
State/Province: ON
Zip Code: M54 2A4
Country: CANADA
Telephone: 416-368-5955
Facsimile: 415
368-5855
URL www.worldshiner.com
Legal Form: Provincially
Chartered Corporation – Private
Founded (D/M/Y):
Sales / Revenue: -
Net Income:
Total Equity:
Number of
Employees:
Shareholder:
Business Activity:
NOTE TO CLIENT
We could not obtain
sufficient information regarding the Subject. Please
see below for details.
IMPERATIVES
Please note that
we found a corporate registration for the Company. (Please see Legal Section)
Using the provided
telephone number: 416-368-5955, we reached a Representative for the Subject at
the provided address who adamantly declined to provide any information
regarding the Subject.
Searching the
internet, we found the following website: www.worldshiner.com.
The website states
the following: "World Shiner is a leading diamond and jewellery wholesale
company catering to the needs of the jewellers in Australia, Belgium, Canada,
India, Spain, Taiwan and United Kingdom"
The website also
lists the Subject as well as other affiliated companies around the world:
World Shiner
Canada Inc.
SUITE 808
80,RICHMOND STREET WEST
TORONTO, ONTARIO
Canada
Phone:
1-416-3685955 Fax: 1-416-3685855
Email:
worldshinercanada@yahoo.com
No further
information could be traced regarding the Subject.
No payment record
could be obtained.
No public were
traced.
No bankruptcy
petition was filed.
This is a full
report.
LEGAL
Legal Form: Provincially
Chartered Corporation - Private
Incorporation
State ON
Status: ACTIVE
Since (D/M/Y): 24/02/2005
The company is NOT
required to publish an annual financial report.
The Company is incorporated in Ontario:
WORLD SHINER CANADA INC.
File Number: 002065840
Date Filed: 2/24/05
Status: Active
Jurisdiction: Ontario
FINANCIAL INFORMATION
Management declined to provide any financial
information.
CURRENT OPERATIONS
SIC Code:
NAICS Code: 999
Unclassified
Establishments
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%)