MIRA INFORM REPORT

 

 

Report Date :

11.01.2011

 

IDENTIFICATION DETAILS

 

Name :

DYNACAM INC.

 

 

Registered Office :

5000, Rue Armand-Frappier - J3z 1g5  - St-Hubert Qc

 

 

Country :

Canada

 

 

Date of Incorporation :

23.03.1987

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

wholesaler of photographic materials

 

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Deregistered

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

-----

 

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 – June 30, 2010

 

Country Name

Previous Rating

                   (01.04.2010)                  

Current Rating

(30.06.2010)

Canada

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

GEOPOLITICS - CANADA

 

POLITICAL DATA

ECONOMIC DATA

Form of Government: Federal


Economic Risk: Nil

Currency: CAD

Branch Situation: Stable

 

 

IDENTIFICATION

Ordered as:

Dynacam Inc

Address in the order:

5000 Armand Frappier, Longueuil, Quebec J3Z IG5

 

 

Legal Name:

DYNACAM INC.

 

 

Legal Address

5000, RUE ARMAND-FRAPPIER - J3Z 1G5  - ST-HUBERT QC - CANADA

 

 

 

Telephone:

+ 1 (514)  856-7740 (Non working at this time)

Document Number :

1144099836

Fax:

+ 1 (514) 656-4338

Legal Form:

Corporation for Profit

Email:

NA

Registered in:

Canada

Website:

NA

Date Created:

March 23, 1987

Manager:

NOLIN PAUL, President

Date Incorporated:

March 24, 1995

Staff:

11-25 previously listed

Stock:

NA

 

 

Value:

NA

Activity:

Listed as a wholesaler of photographic materials.

 

 

BUSINESS

 

PRINCIPAL ACTIVITY

 

Dear client,

 

We did find a business with the name of DYNACAM INC. registered in Quebec.

 

The company's status with the registrar is no more active.

 

The company's line of business was indicating as wholesaler of photographic apparels and materials.

 

The following company was indicated as the business' main shareholder:

 

GROUPE CAMASCO INC.

 

5000, RUE ARMAND-FRAPPIER - J3Z 1G5  - ST-HUBERT QC - CANADA

 

NOLIN PAUL was listed as the company's President.

 

We tried to call the structure.

 

We reached a voicemail indicating that the number is no more in service at this time.

 

The registrar of Quebec indicated that the company has been cancelled as of June 4, 2010.

 

The business' last annual report was filed in 2005.

 

No information confirming a current activity for the business was gathered.

Final Opinion

 

Considering the company's cancelled status with the registrar of Quebec,

 

Considering the last annual report filed in 2005,

 

Considering the impossibility to reach an eventual staff,

 

No element led us to think that the structure is actively in business at this time.

 

The entity does not inspire confidence at this point.

 

We suggest extreme caution and not dealing with the structure.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.37

UK Pound

1

Rs.70.38

Euro

1

Rs.58.93

 

 

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.