MIRA
INFORM REPORT
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Report Date : |
24.05.2007 |
IDENTIFICATION DETAILS
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Name : |
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Registered Office : |
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Country : |
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Date of Incorporation : |
1992 |
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Legal Form : |
Federally Chartered Corp. – Private |
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Line of Business : |
Wholesaler of optical products. |
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 : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name:
Trade Name(s):
Address:
City:
State/Province:
Zip Code: H9B 1K8
Country:
Telephone: 514-68-9125
Facsimile: 514-685-8773
Founded (D/M/Y): /
/1992
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees: 5
Legal Form: Federally Chartered Corp. - Private
Website: Not available
Business Activity: The
Company is a wholesaler of optical products.
NOTE TO CLIENT
NOTE:: LEGAL NAME:
Person Contacted: Mr. Ari Mezrich, President.
Mr. Mezrich verified the name, address, fax number, and general business
activity, however, he declined to provide any further information for this
report.
No other information in this report was confirmed by management.
LEGAL
Legal Form: Federally
Chartered Corp. - Private
Since (D/M/Y): 07/11/1997
State/Province of Incorporation:
Status: ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
The Company federally Chartered in
Corporation #3434249
Incorporation date: 11/07/1997
Corporation Name(s):
GROUPE DE COMMERCE & OPTIQUE
ALLIANCE INC.
Status: Active
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The Company provincially qualified in
File Number: 1147480975
Legal Name: GROUPE DE COMMERCE &
OPTIQUE ALLIANCE INC.
Incorporation Date: 11/7/1997
Last Annual Report: 2/3/2006
Location:
Address: 24,
DOLLARD-DES-ORMEAUX
(QUÉBEC) H9B 1K8
Registered Agent: U GEORGE SAND
Registered Agent Address: 1, CARRÉ
Managers/Key
Personnel
Mr. Ari Mezrich
President
AFFILIATED ENTITIES
There are no affiliated companies.
Parent Companies
Parent Company: 4032811 CANADA
INC.
PQ
BANKS
PQ
Telephone:
Facsimile:
Account Number:
Account Manager:
Banking information was declined by management.
PAYMENT HISTORY
The firm is not a large seeker of local trade credit as a significant
payment record could not be developed.
FINANCIAL INFORMATION
Mr. Mezrich declined to provide any financial information for this
report citing company policy. Other outside sources could not provide any
further insight into the financial condition of this firm.
CURRENT OPERATIONS
NAICS Code: 42146 Ophthalmic Goods Wholesalers
SIC Code: 5048
Number of Employees: 5
Business Activity:
The Company is a wholesaler of optical products.
The Subject sells eye-glass frames, lenses, sunglasses, and contact
lenses. The Company imports mainly from
The heading address is the sole location for the Company.
PUBLIC RECORD
A search of public revealed no derogatory information, Uniform
Commercial Codes, or bankruptcy petitions.
GENERAL COMMENTS
The Subject, federally chartered in
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%)