MIRA
INFORM REPORT
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Report Date : |
18.08.2008 |
IDENTIFICATION
DETAILS
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Name : |
CAN S.P. PRODUCE INC. |
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Registered Office : |
35 Station Violette
Street, DSL de Drummond, NB, E3Y 2R4 |
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Country : |
Canada |
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Date of Incorporation : |
01.06. 2004 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
Specialize in technology transfer, in-vitro laboratory cultivation, potato
seed production and hydroponic greenhouse production technology. |
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 : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
Company name
CAN S.P. PRODUCE INC.
Address
35 Station Violette Street, DSL de Drummond, NB, E3Y
2R4 Canada
Telephone : 506-553-6493
Fax : 506-553-1018
Website : www.cansp.ca
summary
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Corporate
ID# : State : Judicial
form : Date founded : Stock : Value: Name of manager: |
612915 New Brunswick Corporation – Profit June 1st 2004 - - Sylvain THERIAULT |
ACTIVITIES
& OPERATIONS
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Business Staff: |
CAN S.P. PRODUCE Inc. specialize in technology transfer, in-vitro laboratory
cultivation, potato seed production and hydroponic greenhouse production
technology. Numerous projects where accomplished and very successful in countries
like Mexico, El Salvador, Tunisia and Ukraine. 2 (officially declared) |
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Operations & branches: |
At above address, we find
a nursery, owned. |
SHAREHOLDERS & MANAGERS
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Shareholders : |
This is a family owned and managed company. |
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Management : |
Sylvain THERIAULT is the
President and CEO. Rino THERIAULT is the Project
Manager. As far as we know, they
are not involved in other local business. |
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Subsidiaries & Partnership : |
None |
FINANCIALS
In Canada, privately held
corporations are not required to publish any financials.
On a direct call, nobody accepted
to answer our questions.
We sent a fax but no answer
was received.
The Company is delinquent
as it did not pay taxes for years 2007 and 2008.
The Corporate Affair
Registry sent a mail on May 8, 2008, but no answer was received.
We were advised that the
Corporation Division intend now to dissolve the Company.
Banks
Royal Bank of Canada
LEGAL FILINGS
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Legal filings
& complaints : |
As of today date, there
is no legal filings pending with the Courts. |
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Secured debts
summary : |
n/a |
COMPANY
CREDIT HISTORY
The Company is delinquent
and did not pay its taxes for 2 consecutives years.
We were advised that the
Corporation Division intend now to dissolve the Company.
Our opinion:
We suggest you to be
extremely careful.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.43.23 |
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UK Pound |
1 |
Rs.80.89 |
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Euro |
1 |
Rs.63.80 |
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%)