MIRA INFORM REPORT

 

 

Report Date :           

27.08.2011

 

IDENTIFICATION DETAILS

 

Name :

IMPERIAL CARPET & HOME

 

 

Registered Office :

1177 Caledonia Rd, North York, ON M6A 2X1

 

 

Country :

Canada

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Private Independent Company

 

 

Line of Business :

retail sale of floor coverings

 

 

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 :

Moderate

 

 

Payment Behaviour :

No Complaints

 

 

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

 

 Bottom of Form

Company name & address 

 

Imperial Carpet & Home

 

1177 Caledonia Rd

North York, ON M6A 2X1

Canada

Tel:       416-783-8838

 

 

Synthesis     

 

Employees:                  11

Company Type:             Private Independent

Financials in:                 USD (Millions)

Reporting Currency:       Canadian Dollar

Annual Sales:                4.2

Total Assets:                 NA

 

 

Business Description     

 

Establishments primarily engaged in the retail sale of floor coverings. Establishments included in this industry may incidentally perform installation.

 

Industry

Industry            Retail (Specialty)

ANZSIC 2006:    4212 - Floor Coverings Retailing

NACE 2002:      5248 - Other retail sale in specialised stores

NAICS 2002:     442210 - Floor Covering Stores

UK SIC 2003:    52481 - Retail sale of floor coverings

US SIC 1987:    5713 - Floor Covering Stores

 

           

Key Executives   

 

Name                           Title    

John Kozoronis              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

1177 Caledonia Rd

North York, ON, M6A 2X1

Canada

Tel:       416-783-8838

           

Sales CAD(mil):             4.3

Assets CAD(mil):           NA

Employees:                   11

Industry:                        Retail (Specialty)

Company Type:             Private Independent

Quoted Status:              Not Quoted

Owner:                          John Kozoronis

 

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Additional Information

 

Industry Codes

 

ANZSIC 2006 Codes:

4212     -          Floor Coverings Retailing

4213     -          Houseware Retailing

 

NACE 2002 Codes:

5248     -          Other retail sale in specialised stores

5244     -          Retail sale of furniture, lighting equipment and household articles not elsewhere classified

 

NAICS 2002 Codes:

442210  -          Floor Covering Stores

442299  -          All Other Home Furnishings Stores

 

US SIC 1987:

5713     -          Floor Covering Stores

5719     -          Miscellaneous home furnishings Stores

 

UK SIC 2003:

52481   -          Retail sale of floor coverings

5244     -          Retail sale of furniture, lighting equipment and household articles not elsewhere classified

 

Business Description

Establishments primarily engaged in the retail sale of floor coverings. Establishments included in this industry may incidentally perform installation.

Financial Data

Financials in:

CAD(mil)

 

Revenue:

4.3

1 Year Growth

NA

Additional Information

ABI Number:

032173734

 

 

 

 

 

 

Credit Report as of 03/01/2011

 

Location

1177 Caledonia Rd
North York, ON M6A 2X1
Canada

 

County:

Toronto Metropolitan

 

Phone:

416-783-8838

 

Annual Sales:

$4,270,000 (CAD)

Employees:

11

 

 

Business Type:

Private

Location Type:

Single Location

RECOMMENDED CREDIT LIMIT *

   N/A

 

 

Primary Line of Business:

SIC:

5713-05 - Carpet & Rug Dealers-New

NAICS:

442210 - Floor Covering Stores

Secondary Lines of Business:

SICs:

5719-24 - Mirrors

NAICS:

442299 - All Other Home Furnishings Stores

 

 

Table of Contents

·         Profile Links

·         Similar Businesses in the Area

 

External Links

·         Similar Businesses in the Area *

 

 

Alexanian Carpet & Flooring

420c Hazeldean Rd Ste:1

Kanata, ON K2L 4B2     

 

Roto-Static

8 Bain Crt

Georgetown, ON L7G 1E2         

 

Alexanian Carpet & Flooring

227 Bunting Rd Ste:N

St Catharines, ON L2M 3Y2

 

Alexanian Carpet & Flooring

1547 Merivale Rd Ste:18

Nepean, ON K2G 4V3   

 

Roto-Static Carpet & Uphlstry

2070 Hawley Rd

Orillia, ON L3V 6H2       

 

Sears Floor Covering Center

77 Brunelle Rd N

Kapuskasing, ON P5N 2M1

 

Sears Floor Covering Center

2200 Dundas St E Ste:6

Mississauga, ON L4X 2V3         

 

Floor Coverings International

344 Croft Dr

Tecumseh, ON N8N 2L9

 

   *        Similar Businesses are defined as the closest businesses sharing the same six-digit primary SIC code ( 5713-05 - Carpet & Rug Dealers-New) regardless of size.

 

Executive report

 

Executives

 

Name

Title

Function

 

John Kozoronis

 

Owner

Chief Executive Officer

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.46.05

UK Pound

1

Rs.75.20

Euro

1

Rs.66.48

 

 

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.