MIRA
INFORM REPORT
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Report Date : |
18.08.2008 |
IDENTIFICATION
DETAILS
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Name : |
ULTRATECH TRADING COMPANY |
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Registered Office : |
5142 Parkplace Circle,
Mississauga, ON L5V 2M2 |
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Country : |
Canada |
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Date of Incorporation : |
18.12.2003 |
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Legal Form : |
Registered Partnership |
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Line of Business : |
Deals in Sugars,
Pesticides, Scientific and Laboratory Equipment |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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REQUIRED CREDIT |
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MAXIMUM |
GEOPOLITICS
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POLITICAL DATA |
ECONOMIC DATA |
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FORM OF GOVERNMENT ECONOMIC RISK |
Federal
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CURRENCY BRANCH SITUATION |
100 USD = 106.22 CAD Satisfying |
IDENTIFICATION
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Company Name: |
Ultratech Trading Company |
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Address: |
5142 Parkplace Circle, Mississauga, ON L5V 2M2, Canada |
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Phone: Facsimile: ID: State: Managers: |
Not Listed NA OB-0131384216 Ontario Syed Rizvi, President |
Date founded: |
Dec 18 ,2003
Registered Partnership NA |
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Legal form: |
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Staff: |
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Business: |
Deals in sugars, pesticides, scientific and laboratory equipment. |
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Dear client,
We did find a business with the name of Ultratech Trading Company
incorporated with the secretary of state of Ontario.
Ultratech Trading Company is a private company located in Ontario,
Canada. The company provides:
- Sugar,
-Pesticides,
-Scientific Instruments,
-Laboratory Equipments.
Nevertheless we were unable to find other information confirming that
the company is currently doing business in Canada.
We unfortunately did not find a working phone number to contact the company.
Our
final opinion:
We
suggest caution.
SUMMARY
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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%)