MIRA
INFORM REPORT
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Report Date : |
15.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
CAPMATIC LTD |
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Registered Office : |
12180 Boul
Albert Hudon, Montreal, PQ, HIG 3K7 |
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Country : |
Canada |
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Date of Incorporation : |
4/16/1979 |
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Legal Form : |
Private |
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Line of Business : |
The Company is a manufacturer of packaging manufacturing equipment. |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: CAPMATIC LTD.
Trade Name:
Address: 12180 BOUL
ALBERT HUDON
City: MONTREAL
State/Province: PQ
Zip Code: HIG 3K7
Country: CANADA
Telephone: 514 322-0062
Facsimile: 514 322-0063
URL www.capmatic.com
Legal Form: Federally Chartered
Corp. - Private
Shareholder:
Business Activity: The Company is a
manufacturer of packaging manufacturing equipment.
Founded (D/M/Y): 1979
Sales / Revenue: -
Net Income:
Total Equity:
Number of
Employees: 60
NOTE TO CLIENT
LEGAL NAME : CAPMATIC LTD.
ORDERED NAME : CAPMATIC LTEE. LTD.
Person Contacted :
Ms. Christine Parri, Controller. She verified and updated the information presented to her.
LEGAL
Legal Form: Federally
Chartered Corp. - Private
Incorporation
State Canada
Status: ACTIVE
Since (D/M/Y): 30/06/1988
The company is NOT
required to publish an annual financial report.
The Company is federally chartered in Canada under the following registration.
Corporation #2349931
BN #121024038RC0001
Corporation Name(s) : CAPMATIC LTEE/ CAPMATIC LTD.
Mailing Address : [Latest address on file]
Care of :
Street : 12180 BOUL. ALBERT-HUDON
City : MONTREAL NORD
Province : Quebec
Postal Code : H1G3K7
Country : Canada
Registered Office Address : [Latest address on file]
Care of:
Street : 12180 BOUL. ALBERT-HUDON
City : MONTREAL NORD
Province : Quebec
Postal Code : H1G3K7
Country : Canada
Reg. Off. Eff : 2006/01/30
Status : Active
Incorporation Date : 1988/06/30
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The Company is provincially qualified in Quebec under the following
registration.
Incorporation Number : 1143772763
Legal Name : CAPMATIC LTEE
Incorporation Date : 4/16/1979
Last Annual Report : 12/14/2006
Location : Canada
Address : 12180, ALBERT HUDON
MONTREAL-NORD QC H1G 3H7
MANAGERS / KEY
PERSONNEL
Mr. Alioscia
Bassani President
Mr. Loris Bassani Vice President
Ms. Christine
Parri Controller
Parent Companies
Parent Company: ALLOWORLD INC.
Address: 11740, 4 IEME AVENUE
City: MONTREAL
State/Province: PQ
Zip Code: H1E 3B3
Country: CANADA
SUBSIDIARIES
The Company has no
subsidiaries or affiliates.
BANKS
C.D. DE
RIVIERE-DES-PRAIRIES
Address: 12405
BOUL. RIVIERES-DES-PRAIRIES
City: MONTREAL
State/Province: PQ
Zip Code: H1C1R7
Country: CANADA
Telephone: (514)
648-5800
Facsimile: (514)
648-0380
A fax was sent to
this bank for credit information.
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PAYMENT HISTORY |
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Supplier's Name/Industry Terms Amount/Pay Habits/Comments |
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Rptd Open Credit Credit High Total Current Past Due/Pay Period |
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Date Date Limit Limit Dt. Credit Owing $ 1st 2nd 3rd |
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DE LAGE LANDEN FIN: 905-465-3160 |
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*Jan 0 20,013 1,200 1,200 0 0 0 |
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Whlsl-Electronic Pts: |
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*Jan 0 10,998 10,998 2,712 7,876 410 0 |
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Whlsl-Ind Mach Sppls: |
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*Dec 0 1,451 1,451 1,273 178 0 0 |
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HONDA CANADA FINANCE: 416-754-2323 DLA-2007/11/25 866, Net 30 Days # |
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*Dec Dec/2005 0 65,334 47,111 47,111 0 0 0 |
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VISA DESJARDINS: 514-397-4400 DLA-2007/10/09 653 # |
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*Dec Feb/2005 47,602 47,602 32,643 32,643 0 0 0 |
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CDN ROAD LEASING CO: 800-567-0064 DLA-2007/11/16 1,577, Merged accts # |
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*Dec Nov/2005 0 40,236 11,325 11,325 0 0 0 |
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Whlsl-Constr/Mine Eq: |
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*Dec 0 5,943 5,943 1,630 3,032 1,281 0 |
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Retail-Bldg/Hardware: |
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*Dec 0 138 138 88 50 0 0 |
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Transportation Serv: |
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*Dec 0 1,669 1,669 1,194 475 0 0 |
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PNEUMATIC IND EQUIP: 905-624-7323 |
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*Dec 0 374 374 0 374 0 0 |
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Transportation Serv: |
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*Dec 0 12,993 12,993 10,228 2,765 0 0 |
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Personal Services: |
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*Oct 0 2,958 2,958 0 1,072 0 1,886 |
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Mfr-Pump & Pumping E: |
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*Oct 0 4,468 4,468 2,155 2,313 0 0 |
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------- ------- ------- ------- ------- ------- |
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P.I. = 21 90 Days 214K 133K 111K 18,135 1,691 1,886 |
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Reported ------- ------- ------- ------- ------- ------- |
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Whlsl-Durable Goods: |
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*Aug 0 83 83 0 83 0 0 |
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Mfr-Wood Products: |
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*Jul 0 8,270 8,270 2,761 3,400 2,109 0 |
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ECS: 604-276-9913 |
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*Jun 0 1,250 1,250 0 1,250 0 0 |
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Transportation Serv: |
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*Apr 0 72 72 72 0 0 0 |
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Whlsl-Ind Mach Sppls: |
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*Apr 0 265 265 32 233 0 0 |
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Mfr-Fabricated Struc: Pays 60/75 D |
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*Feb 0 132K 18,614 6,315 12,299 0 0 |
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Whlsl Ferrs Nonferrs: Pays 60/75 D, Slow but OK |
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*Feb 0 3,800 1,970 1,970 0 0 0 |
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Whlsl Ferrs Nonferrs: Accepts COD |
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*Feb 0 0 0 0 0 0 0 |
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Whlsl Ferrs Nonferrs: Dormant Acct |
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*Feb 0 0 0 0 0 0 0 |
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Whlsl Ferrs Nonferrs: Dormant Acct |
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*Feb 0 8,000 0 0 0 0 0 |
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Air Transport: |
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*Jan 0 878 878 0 878 0 0 |
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Retail-Establishment: |
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*Jan 0 2,000 482 163 319 0 0 |
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------- ------- ------- ------- ------- ------- |
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P.I. = 23 Total 370K 165K 122K 36,597 3,800 1,886 |
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Reported ------- ------- ------- ------- ------- ------- |
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PAYMENT TRENDS |
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Payment C.I. Number of Total Current Overdue |
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Quarters Index Score Suppliers Owing $ 1st 2nd 3rd |
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4 Qtr/2007 26 7 13 143,687 115,933 16,811 9,057 1,886 |
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3 Qtr/2007 14 3 12 127,712 111,079 14,524 2,109 0 |
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2 Qtr/2007 16 11 12 110,356 101,107 7,000 260 1,989 |
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1 Qtr/2007 36 13 18 174,072 112,039 36,270 23,877 1,886 |
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4 Qtr/2006 27 16 15 155,369 117,947 24,541 10,942 1,937 |
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3 Qtr/2006 17 7 13 142,316 116,648 24,421 1,018 229 |
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2 Qtr/2006 11 4 17 184,867 155,740 28,001 1,126 0 |
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1 Qtr/2006 5 4 14 159,544 155,833 1,871 1,288 552 |
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4 Qtr/2005 6 12 17 147,776 139,784 7,992 0 0 |
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FINANCIAL INFORMATION
Ms. Parri deferred
all financial statement information to a fax request. If we receive a response
to our fax, we will amend the report accordingly.
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CURRENT OPERATIONS |
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SIC Code: |
3565 |
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NAICS Code: |
333993 |
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Packaging Machinery Manufacturing |
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Number of Employees: |
60 |
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Business Activity: |
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The Company is a
manufacturer of packaging manufacturing equipment.
The Subject manufactures
semi-automatic, automatic, inline fillers, cappers, labelers, cartoners and
specializes in fully automated monoblock systems.
The Company
exports worldwide.
The heading
address is the sole location for the Subject. The facility consists of 75,000
square feet of owned office, manufacturing, and warehouse space.
PUBLIC RECORD
A search of public revealed no derogatory information, bankruptcy petitions or Uniform Commercial
Codes.
COMMENTS
The Subject, founded in 1979 in Canada, is engaged as a packaging machinery manufacturer. The payment
record is generally satisfactory and the operating history is clear. No derogatory information or bankruptcy
petitions were reported or noted. The Company is responsible for normal business transactions.
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%)