MIRA
INFORM REPORT
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Report Date : |
10.10.2007 |
IDENTIFICATION DETAILS
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Name : |
BRAMPTON IMPORT
EXPORT INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
07.03.2005 |
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: BRAMPTON
IMPORT EXPORT INC.
Address:
City:
State/Province:
Zip Code: L6V
2J9
Country:
Telephone: 905-792-0972
Facsimile: 905-792-0972
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form:
Website: No
Website
Business Activity:
NOTE TO CLIENT
We were unable to learn
enough information about the Company. Please see below for more information.
IMPERATIVES
We found a
registration for the Company with the Ontario Corporate Registry. See legal
section.
We contacted the
company and spoke to Mr. Belbar Singh, President, who adamantly declined to
provide any information about the company over the phone.
Please note that we
did send a written request to his attention via facsimile. An update will be
provided accordingly should we receive a response at a later time. A comprehensive Internet search revealed no
information regarding the Subject.
No payment record
was found under the name BRAMPTON IMPORT EXPORT INC.
There were no legal
filings found against the Company.
A search of
bankruptcy courts revealed no record of the Subject filing for bankruptcy.
We have reached an
impasse.
LEGAL
Legal Form:
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
The Subject is
incorporated in the
Name: BRAMPTON
IMPORT EXPORT INC.
Corp #: 00206634
Date of Incorp:
March 7 2005
Status: Active
Jurisdiction:
CURRENT OPERATIONS
NAICS Code: 99999
Unclassified Establishments
SIC Code: 9999
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%)