MIRA
INFORM REPORT
|
Report Date : |
09.09.2008 |
IDENTIFICATION
DETAILS
|
Correct Name : |
3523462
CANADA INC. |
|
|
|
|
Registered Office : |
3400 Blvd Losch,
Local 35, Saint-Hubert, Quebec J3Y 5T6 |
|
|
|
|
Country : |
Canada |
|
|
|
|
Date of Incorporation : |
10.30.1998 |
|
|
|
|
Legal Form : |
Federal Corporation |
|
|
|
|
Line of Business : |
Import of Food
Products |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
CAD 60,000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
Company name
3523462
CANADA INC.
Address
3400 Blvd Losch, Local 35, Saint-Hubert,
Quebec J3Y 5T6 – Canada
Telephone : 450-443-0060
Fax :450-443-1161
Website : delicesdelaforet.com
summary
|
Corporate ID# : State : Judicial form : Date founded : Stock : Value: Name of manager: |
3523462 Federal Federal Corporation A Federal Corporation is allowed to work in all
Provinces of Canada. 10-30-1998 - - Eric FORTIN |
ACTIVITIES
& OPERATIONS
|
History: Business Staff |
On October 11, 1994, Eric FORTIN started a business
called LES DELICES DE LA FORET, as a sole proprietorship, incorporated in
Quebec under ID#2241340985. He cancelled that business on September 1998 and
created the new 3523462 CANADA INC. doing business as LES DELICES DE
LA FORET. Import of food
products such as nuts, dried fruits, palm hearts, olive oil, olives, dried
tomatoes, hard candies and gummies, and since June 22nd, 2007,
importer of tobacco. 15 |
|
Operations & branches: |
At above address, we find a warehouse and office, on
lease. On August 8, 2007, the Company opened a branch
located: 195-A Rue Lavoie Delson, Quebec J5B 1X4 |
SHAREHOLDERS & MANAGERS
|
Shareholders : |
Eric FORTIN is the
owner. |
|
Management : |
Eric FORTIN is the President and CEO As far as we know, he is not involved in other local
business. |
|
Subsidiaries & Partnership : |
None |
FINANCIALS
In Canada, privately held corporations are not
required to publish any financials.
On a direct call, nobody was available to answer our
questions.
We sent a fax but no answer was received.
However, sales estimate for year 2007 is in the range
of CAD 2,000,000=
The business is said to be profitable.
Banks
Banque de Montreal
LEGAL FILINGS
|
Legal filings & complaints : |
As of today date, there is no legal filings pending
with the District Courts. |
|
Secured debts summary (UCC) : |
None |
COMPANY
CREDIT HISTORY
According to our credit
analysts, during the last 6 months, 92% of trade experience indicates a regular
payment.
Payments of imports
are currently made with an average of 5 days beyond terms.
The Company maintains a regular business.
The banks and financial institutions confirmed a
correct credit history.
The risk is low.
Our opinion:
A business connection may be conducted.
|
CREDIT REQUIRED |
MAXIMUM
CREDIT |
|
Maximum |
CAD 60,000= |
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.89 |
|
UK Pound |
1 |
Rs.78.86 |
|
Euro |
1 |
Rs.63.33 |
RATING
EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
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%)