MIRA INFORM
REPORT
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Report Date : |
27.08.2011 |
IDENTIFICATION DETAILS
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Name : |
BYREX GEMS INC |
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Registered Office : |
21 Dundas Sq, Ste 1101, Toronto, ON M5B 1B7 |
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Country : |
Canada |
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Date of Incorporation : |
Not Available |
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Legal Form : |
Private Independent Company |
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Line of Business : |
Wholesale Distribution of jewelry, precious stones and metals, costume
jewelry, watches, clocks, silverware, and jewelers' findings |
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 |
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 : |
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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
Byrex Gems Inc
21 Dundas Sq
Ste 1101
Toronto, ON M5B 1B7
Canada
Tel: 416-947-1431
Fax: 416-947-0279
Synthesis
Employees: 5
Company Type: Private Independent
Financials in: USD
(Millions)
Reporting Currency: Canadian
Dollar
Annual Sales: 6.5
Total Assets: NA
Business Description
Establishments primarily engaged in the wholesale distribution of
jewelry, precious stones and metals, costume jewelry, watches, clocks,
silverware, and jewelers' findings.
Industry
Industry Jewelry and Silverware
ANZSIC 2006: 3732 - Jewellery
and Watch Wholesaling
NACE 2002: 5147 - Wholesale
of other household goods
NAICS 2002: 423940 - Jewelry,
Watch, Precious Stone, and Precious Metal Merchant Wholesalers
UK SIC 2003: 51473 - Wholesale
of jewellery
US SIC 1987: 5094 - Jewelry,
Watches, Precious Stones, and Precious Metals
Key Executives
Name Title
Sam Poddar Owner
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
21 Dundas Sq
Ste 1101
Toronto, ON, M5B 1B7
Canada
Tel: 416-947-1431
Fax: 416-947-0279
Sales CAD(mil): 6.6
Assets CAD(mil): NA
Employees: 5
Industry: Jewelry
and Silverware
Company Type: Private
Independent
Quoted Status: Not
Quoted
Owner: Sam
Poddar
Contents
· Industry Codes
· Business Description
· Financial Data
· Additional Information
Industry Codes
ANZSIC 2006 Codes:
3732 - Jewellery and Watch Wholesaling
NACE 2002 Codes:
5147 - Wholesale of other household goods
NAICS 2002 Codes:
423940 - Jewelry, Watch, Precious Stone, and Precious Metal Merchant
Wholesalers
US SIC 1987:
5094 - Jewelry, Watches, Precious Stones, and Precious Metals
UK SIC 2003:
51473 - Wholesale of jewellery
Business
Description
Establishments
primarily engaged in the wholesale distribution of jewelry, precious stones and
metals, costume jewelry, watches, clocks, silverware, and jewelers' findings.
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Credit Report as of 03/01/2011
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Location: |
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21 Dundas Sq Ste:1101 |
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County: |
Toronto Metropolitan |
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Phone: |
416-947-1431 |
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Fax: |
416-947-0279 |
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Annual Sales: |
$6,592,000 (CAD) |
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Employees: |
5 |
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Business Type: |
Private |
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Location Type: |
Single Location |
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RECOMMENDED
CREDIT LIMIT * |
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N/A |
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Primary Line of
Business: |
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SIC: |
5094-02 - Precious,Semi-Prcs,Synthetic Stns (Whls) |
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NAICS: |
423940 - Jewelry Merchant Whols |
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Secondary Lines
of Business: |
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Table of Contents
· Profile Links
· Similar Businesses in the Area
External Links
· Similar Businesses in the Area *
Swarovski Canada
3401 Dufferin St Ste:72
North York, ON M6A 2T9
* Similar Businesses are
defined as the closest businesses sharing the same six-digit primary SIC code (
5094-02 - Precious,Semi-Prcs,Synthetic Stns (Whls)) regardless of size.
Executive report
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Executives |
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Owner |
Chief Executive Officer |
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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.46.05 |
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UK Pound |
1 |
Rs.75.20 |
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Euro |
1 |
Rs.66.48 |
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.