MIRA INFORM REPORT

 

 

Report Date :           

04.08.2011

 

IDENTIFICATION DETAILS

 

Name :

ROGITEX INC

 

 

Registered Office :

3767 Boul Thimens, Ste 227, Saint-Laurent, QC H4R 1W4

 

 

Country :

Canada

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Private Independent

 

 

Line of Business :

Wholesale Distribution of durable goods,

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Small Company 

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Canada

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name & address   Bottom of Form

 

 

Rogitex Inc

3767 Boul Thimens

Ste 227

Saint-Laurent, QC H4R 1W4

Canada

Tel:       514-332-1140

Fax:      514-332-9556

 

 

Synthesis  

 

Employees:                  12

Company Type:            Private Independent

Financials in:                 USD (Millions)

Reporting Currency:       Canadian Dollar

Annual Sales:               14.7

Total Assets:                 NA

 

 

Business Description     

 

Establishments primarily engaged in the wholesale distribution of durable goods, not elsewhere classified, such as musical instruments and forest products, except lumber.

 

Industry

Industry            Miscellaneous Capital Goods

ANZSIC 2006:    3739 - Other Goods Wholesaling Not Elsewhere Classified

NACE 2002:      5147 - Wholesale of other household goods

NAICS 2002:     423990 - Other Miscellaneous Durable Goods Merchant Wholesalers

UK SIC 2003:    5147 - Wholesale of other household goods

US SIC 1987:    5099 - Durable Goods, Not Elsewhere Classified

 

           

Key Executives   

 

Name               Title    

Rawi Kayal        President         


 

1 - Profit & Loss Item Exchange Rate: USD 1 = CAD 1.0128

2 - Balance Sheet Item Exchange Rate: USD 1 = CAD 0.94885

 

 

Corporate Overview

 

Location

3767 Boul Thimens

Ste 227

Saint-Laurent, QC, H4R 1W4

Canada

Tel:                   514-332-1140

Fax:                  514-332-9556

 

Sales CAD(mil):             14.9

Assets CAD(mil):           NA

Employees:                   12

Industry:                        Miscellaneous Capital Goods

Company Type:             Private Independent

Quoted Status:              Not Quoted

President:                     Rawi Kayal

 

 

Contents

 

·         Industry Codes

·         Business Description

·         Financial Data

·         Additional Information

 

Industry Codes

ANZSIC 2006 Codes:

3419     -          Other Specialised Industrial Machinery and Equipment Wholesaling

3739     -          Other Goods Wholesaling Not Elsewhere Classified

 

NACE 2002 Codes:

5187     -          Wholesale of other machinery for use in industry, trade and navigation

5147     -          Wholesale of other household goods

 

NAICS 2002 Codes:

423990  -          Other Miscellaneous Durable Goods Merchant Wholesalers

423840  -          Industrial Supplies Merchant Wholesalers

 

US SIC 1987:

5085     -          Industrial Supplies

5099     -          Durable Goods, Not Elsewhere Classified

 

UK SIC 2003:

5147     -          Wholesale of other household goods

5187     -          Wholesale of other machinery for use in industry, trade and navigation

 

Business Description

Establishments primarily engaged in the wholesale distribution of durable goods, not elsewhere classified, such as musical instruments and forest products, except lumber.

 

Financial Data

Financials in:

CAD(mil)

 

Revenue:

14.9

1 Year Growth

NA

 

Additional Information

ABI Number:

019298538

 

 

 

 

 

Credit Report as of 05/01/2011

 

Location

3767 Boul Thimens Ste:227
Saint-Laurent, QC H4R 1W4
Canada

 

County:

Comm-Urbaine-De-Mont

 

Phone:

514-332-1140

Fax:

514-332-9556

 

ABI©:

019298538

 

Annual Sales:

$14,905,000 (CAD)

Employees:

12

 

 

Business Type:

Private

Location Type:

Single Location

 

RECOMMENDED CREDIT LIMIT *

   N/A

 

 

Primary Line of Business:

SIC:

5099-05 - Importers (Whls)

NAICS:

423990 - All Other Durable Goods Merchant Whols

Secondary Lines of Business:

NAICS:

423840 - Industrial Supplies Merchant Whols

SICs:

5085-48 - Rubber Products-Wholesale

 

 

Table of Contents

 

·         Profile Links

·         Similar Businesses in the Area

 

External Links

·         Similar Businesses in the Area *

 

Legacy Wine & Spirits International Limited

1802 Goya St

Jonquiere, QC G7Z 1C3

 

Hahamovitch Kosher Imports Inc

6600 Boul Thimens

Saint-Laurent, QC H4S 1S5       

 

Overseas Express Logistics

725 Montee DE Liesse

Saint-Laurent, QC H4T 1P5

 

   *        Similar Businesses are defined as the closest businesses sharing the same six-digit primary SIC code ( 5099-05 - Importers (Whls)) regardless of size.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.38

UK Pound

1

Rs.72.21

Euro

1

Rs.62.87

 

 

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

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

----

NB

New Business

----

 

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.