MIRA
INFORM REPORT
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Report Date : |
26.03.2008 |
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 : |
Wholesaler of Scrap Metals and Machines |
RATING &
COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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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
Founded (D/M/Y):
State/Province: ON
Zip Code: L9T
6G4
Sales / Revenue: -
Country: CANADA
Net Income:
Telephone: 905
864-4705
Total Equity:
Facsimile: 905
864-4705
Number of Employees: 3
URL No
Website
Legal Form: Corporation
- Private
Shareholder:
Business Activity: The Subject is engaged as a wholesaler of scrap metals and machines.
NOTE TO
CLIENT
PERSON CONTACTED:
Mr. Shahid Tufail, President
The name provided
ESTA Trading Inc. is incorrect. Mr. Tufail stated that his company EISA Trading
Inc. is the only company located at the provided address. Therefore we have
completed a report on EISA Trading Inc.
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 declinedto provide.
PAYMENT HISTORY
No payment record could could be obtained under the Subject's name. Mr. Tufail declined to provide supplier references.
FINANCIAL
INFORMATION
Management
declined to provide financial statements and outside sources provided no insight into the financial condition of the
Subject.
CURRENT
OPERATIONS
SIC Code:
NAICS Code: 4219
Miscellaneous
Durable Goods Wholesalers
Number of Employees: 3
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
A Nationwide of search of public revealed no, tax liens or legal actions filed against the Firm. A search of the 9 jurisdictional bankruptcy courts of Canada report no bankruptcy filings by the Subject.
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 reported 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%)