MIRA INFORM
REPORT
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Report Date : |
12.01.2011 |
IDENTIFICATION DETAILS
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Name : |
KIWI COLLECTION, INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
Not Available |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
The company provides information about travelling places through print
publications and website |
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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Maximum Credit Limit : |
USD 30.000 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Regular |
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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 – June 30, 2010
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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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 |
GEOPOLITICS - CANADA
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Federal
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Currency: USD |
IDENTIFICATION
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Ordered as: |
Kiwi Collection Inc |
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Address in the order: |
301, |
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Comments on data supplied: |
The address provided is that of a location that the company operates. However, the company is headquartered at the address below. |
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Legal Name: |
Kiwi Collection, Inc. |
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Legal Address |
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Telephone: |
(604) 737-7397 |
ID : |
NA |
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Fax: |
(604) 608-4841 |
Legal Form: |
Corporation for Profit |
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Email: |
Registered in: |
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Website: |
Date Created: |
NA |
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Manager: |
Mr. Philippe Kjellgren, President |
Date Incorporated: |
NA |
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Staff: |
20 |
Stock: |
NA |
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Value: |
NA |
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Activity: |
The company provides information about travelling places through print
publications and website. |
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BANKS
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Name of the Bank |
Royal Bank of |
BUSINESS
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PRINCIPAL ACTIVITY |
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The company provides information about travelling places through print
publications and website. |
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Products/Services description: |
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The company's website and print publications provide information about
hotels, lodges, rest houses, ranches, inns, resorts, and other places of
accommodations worldwide. |
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Sales are: |
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Retail |
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Brands: |
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- The Ritz-Carlton - Nihiwatu - Anantara Seminyak Resort & Spa - The Wickaninnish Inn - Hotel du Palais (Among others) |
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Clients: |
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General clientele |
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Operations area: |
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National, International |
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The subject employs 20 employee(s) |
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PAYMENTS |
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made on a 60 days basis - monitored over the last 12 months |
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LOCATION |
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Headquarters |
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The company is headquartered at: |
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Comments on location: |
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The company has other locations in |
Shareholders - Manager - Related Companies
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Listed at the stock exchange: |
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NO |
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Shareholders Parent Company(ies): |
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This is a private company. |
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Management: |
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Mr. Philippe Kjellgren (President) Mr. Brian Mumby (Chief Operating Officer) Ms. Karen Mumby (Executive Vice President of Travel Agency Relations) |
Financials - COMMERCIAL TRENDS AND FORECAST
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As a private company the subject does not publish any financial
statements. |
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We have contacted the operator of the company who refused to provide
us any financial data without knowing the name of the inquiring party. |
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However our financial sources could provide us with the following data
(estimates): |
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Currency |
DATE |
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USD |
2009 |
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Turnover |
2,000,000 (estimates) |
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The cash flow is |
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Legal Fillings |
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The sources consulted record no detrimental legal or labor court information. |
Rating
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Local credit bureau gave a Correct credit
rate. The company is in Good Standing. This means
that all local and federal taxes were paid on due date. |
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Final Opinion |
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This is a small sized Canadian company
which employs 20 persons. We have no years of experience in the
market for the requested company. A credit line may be consider for USD
30.000 |
SUMMARY
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Profitability |
CORRECT |
Public
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NO |
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Indebtedness |
CONTROLLED |
Payments |
REGULAR |
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Cash |
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APPENDIX
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Position |
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Operator of the company |
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Comments |
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The person contacted refused to provide us any information on grounds
of confidentiality. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.32 |
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1 |
Rs.70.54 |
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Euro |
1 |
Rs.58.70 |
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.