MIRA
INFORM REPORT
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Report Date : |
12.11.2007 |
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 |
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IDENTIFICATION & EXECUTIVE
SUMMARY
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Company Name: |
WORLD SHINER CANADA INC. |
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Trade Name: |
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Address: |
80 RICHMOND STREET WEST, UNIT 808 |
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City: |
TORONTO |
Founded (D/M/Y): |
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State/Province: |
ON |
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Zip Code: |
M54 2A4 |
Sales / Revenue: |
- |
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Country: |
CANADA |
Net Income: |
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Telephone: |
416-368-5955 |
Total Equity: |
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Facsimile: |
415 368-5855 |
Number of Employees: |
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URL |
www.worldshiner.com |
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Legal Form: |
Provincially Chartered Corporation - Private |
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Shareholder: |
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Business Activity: |
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NOTE TO CLIENT
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We could not obtain sufficient information regarding the Subject. |
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Please see below for details. |
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IMPERATIVES
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Please note that we found a corporate registration for the Company.
(Please see |
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Legal Section) |
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Using the provided telephone number: 416-368-5955, we reached a
Representative |
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for the Subject at the provided address who adamently declined to
provide any |
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information regarding the Subject. |
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Searching the internet, we found the following website:
www.worldshiner.com. |
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The website states the following: "World Shiner is a leading
diamond and |
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jewellery wholesale company catering to the needs of the jewellers in
Australia, |
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Belgium, Canada, India, Spain, Taiwan and United Kingdom" |
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The website also lists the Subject as well as other affiliated
companies around |
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the world: |
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World Shiner Canada Inc. |
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SUITE 808 80,RICHMOND STREET WEST |
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TORONTO, ONTARIO Canada |
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Phone: 1-416-3685955 Fax: 1-416-3685855 |
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Email: worldshinercanada@yahoo.com |
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No further information could be traced regarding the Subject. |
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No payment record could be obtained. |
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No public were traced. |
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No bankruptcy petition was filed. |
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This is a full report. |
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LEGAL
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Legal Form: |
Provincially Chartered Corporation - Private |
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Incorporation State |
ON |
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Status: |
ACTIVE |
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Since (D/M/Y): |
24/02/2005 |
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The company is NOT required to publish an annual financial report. |
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The Company is incorporated in Ontario: |
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WORLD SHINER CANADA INC. |
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File Number: 002065840 |
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Date Filed: 2/24/05 |
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Status: Active |
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Jurisdiction: Ontario |
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FINANCIAL INFORMATION
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Management declined to provide any financial information. |
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CURRENT OPERATIONS
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SIC Code: |
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NAICS Code: |
999 |
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Unclassified Establishments |
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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%)