MIRA INFORM
REPORT
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Report Date : |
06.08.2011 |
IDENTIFICATION DETAILS
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Name : |
QUALITY NATURAL FOOD LIMITED |
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Registered Office : |
91 Select Ave, Scarborough, ON M1V 4A8 |
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Country : |
Canada |
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Date of Incorporation : |
Not Available |
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Legal Form : |
Private Independent |
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Line of Business : |
manufacturing
prepared foods and miscellaneous food specialties |
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 : |
No Complaints |
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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
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Canada |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name & address
Quality Natural Food Limited
91 Select Ave
Scarborough, ON M1V 4A8
Canada
Tel: 416-261-8700
Fax: 416-261-8760
Synthesis
Employees: 25
Company Type: Private Independent
Financials in: USD (Millions)
Reporting Currency: Canadian
Dollar
Annual Sales: 13.1
Total Assets: NA
Business Description
Establishments
primarily engaged in manufacturing prepared foods and miscellaneous food
specialties, not elsewhere classified, such as baking powder, yeast, and other leavening
compounds; peanut butter; packaged tea, including instant; ground spices; and
vinegar and cider. Also included in this industry are establishments primarily
engaged in manufacturing dry preparations, except flour mixes, consisting of
pasta, rice, potatoes, textured vegetable protein, and similar products which
are packaged with other ingredients to be prepared and cooked by the consumer.
Industry
Industry Food Processing
ANZSIC 2006: 1199 - Other Food
Product Manufacturing Not Elsewhere Classified
NACE 2002: 1589 - Manufacture
of other food products not elsewhere classified
NAICS 2002: 311999 - All Other
Miscellaneous Food Manufacturing
UK SIC 2003: 1589 - Manufacture
of other food products not elsewhere classified
US SIC 1987: 2099 - Food
Preparations, Not Elsewhere Classified
Key Executives
Name Title
Sheila Singh Owner
News
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Title |
Date |
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Goldwater's
Foods of Arizona Celebrates Its 20th Anniversary of Success in the Gourmet
Salsa and Specialty Food Industry Market Wire (338 Words) |
14-Sep-2010 |
ABI Number: 029738663
1 - Profit & Loss Item Exchange Rate: USD 1 = CAD 1.020628
2 - Balance Sheet Item Exchange Rate: USD 1 = CAD 0.97355
Corporate Overview
Location
91 Select Ave
Scarborough, ON, M1V 4A8
Canada
Tel: 416-261-8700
Fax: 416-261-8760
Sales CAD(mil): 13.3
Assets CAD(mil): NA
Employees: 25
Industry: Food
Processing
Company Type: Private
Independent
Quoted Status: Not
Quoted
Owner: Sheila
Singh
Contents
· Industry Codes
· Business Description
· Financial Data
· Additional Information
Industry Codes
ANZSIC 2006 Codes:
3609 - Other Grocery Wholesaling
1199 - Other Food Product Manufacturing Not Elsewhere Classified
NACE 2002 Codes:
5139 - Non-specialised wholesale of food, beverages and tobacco
1589 - Manufacture of other food products not elsewhere classified
NAICS 2002 Codes:
424420 - Packaged Frozen Food Merchant Wholesalers
311999 - All Other Miscellaneous Food Manufacturing
US SIC 1987:
5142 - Packaged Frozen Foods
2099 - Food Preparations, Not Elsewhere Classified
UK SIC 2003:
1589 - Manufacture of other food products not elsewhere classified
5139 - Non-specialised wholesale of food, beverages and tobacco
Business
Description
Establishments
primarily engaged in manufacturing prepared foods and miscellaneous food
specialties, not elsewhere classified, such as baking powder, yeast, and other
leavening compounds; peanut butter; packaged tea, including instant; ground
spices; and vinegar and cider. Also included in this industry are
establishments primarily engaged in manufacturing dry preparations, except
flour mixes, consisting of pasta, rice, potatoes, textured vegetable protein,
and similar products which are packaged with other ingredients to be prepared
and cooked by the consumer.
Financial Data
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Credit Report as of 03/01/2011
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Similar Businesses
in the Area *
Bagel Stop
1450 Whitehorse Rd
North York, ON M3J 3A7
Kraft Canada Inc
2150 Lake Shore Blvd W
Etobicoke, ON M8V 1A3
FTI Foodtech
International Inc
40 Wynford Dr Ste:210
North York, ON M3C 1J5
Cargill Kitchen
Solutions
25 Newbridge Rd
Etobicoke, ON M8Z 2L6
Watkins Products
62 Goshen St
Zurich, ON N0M 2T0
Kernels Popcorn
100 Bayshore Dr Ste:7
Nepean, ON K2B 8C1
Church &
Dwight Canada Corp
1090 Don Mills Rd Ste:500
North York, ON M3C 3R6
Gay Lea Foods Cooperative
Limited
80 Ormont Dr
North York, ON M9L 1N7
* Similar Businesses are
defined as the closest businesses sharing the same six-digit primary SIC code (
2099-03 - Food Products & Manufacturers) regardless of size.
Executive report
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Executives |
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Owner |
Chief Executive Officer |
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Goldwater's Foods of Arizona Celebrates Its 20th
Anniversary of Success in the Gourmet Salsa and Specialty Food Industry
Market Wire: 14 September 2010
[What follows is the full text of the news story.]
SCOTTSDALE, AZ --
(MARKET WIRE) -- 09/14/10 -- Goldwater's Foods of Arizona announces the
company's 20th Anniversary this October selling high quality, natural food
products, specializing in gourmet salsa, dips, barbeque sauce, and the famous
Senator's Chili Mix originated by the late Senator Barry Goldwater.
"Our family
is very proud to offer our line of specialty food products for twenty years. It
has been a family tradition that we are committed to continuing and we are very
thankful to all of our merchants and customers," said Carolyn Goldwater,
Founder of Goldwater's Foods and granddaughter of the late Senator Barry
Goldwater.
Goldwater's Foods
of Arizona is taking this opportunity on this benchmark anniversary to revise
its marketing strategies. The company hired John J. Miller a 22-year marketing
veteran to lead and expand their client and merchant base. In addition, a newly
designed website will allow a broader base of national consumers to order
Goldwater's products directly on-line. It will include a mercantile store,
recipes, cooking videos, gift packs, specials and charitable contributions.
Joanne, her
daughter Carolyn, and her sister Peggy Goldwater Clay began the company 20
years ago and originated "Fruit Salsa" with the release of their
ground-breaking Paradise Pineapple Salsa back in 1990. This award-winning salsa
inspired the four fruit salsas in their line. They also offer four traditional
salsas, including the Sedona Red Salsa, which was deemed excellent by The New
York Times. The Cochise Corn and Black Bean Salsa won the Scovie Award in 1998
and 1999. All products are natural and low-fat or fat-free.
Visit the website
www.goldwaters.com or call (866) 779-7241 for more information or to purchase
the company's products. Goldwater's Foods of Arizona is also available in
Arizona at AJ's Fine Foods, Fry's Marketplace, Sweet Basil Gourmet and Red Rock
Trading; or in Southern California at Ralph's and Bristol Farms.
Add to
DiggBookmark with del.icio.usAdd to Newsvine
MEDIA CONTACT:
Bridget Argana
Argana Marketing
& Public Relations
Mobile: (480) 231-3582
Email Contact www.arganamarketingpr.com
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.80 |
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UK Pound |
1 |
Rs.72.86 |
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Euro |
1 |
Rs.63.11 |
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 |
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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NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.