MIRA INFORM REPORT

 

 

Report Date :

14.07.2011

 

IDENTIFICATION DETAILS

 

Name :

PREMIER CHOIX INC

 

 

Registered Office :

3033 Deville, Montreal, Quebec, Canada, H1Z 1Z5

 

 

Country :

Canada

 

 

Year of Establishment:

1989

 

 

Com. Reg. No.:

NA

 

 

Legal Form :

N.A.

 

 

Line of Business :

Import-Export Printing Machine

 

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 :

Undetermined

 

 

Payment Behaviour :

--

 

 

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 – December 31st, 2010

 

Country Name

Previous Rating

(30.09.2010)

Current Rating

(31.12.2010)

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

 

Address in the order:

Printing Equipment

3870 Leval Quebec Canada H7E 5K9

Comments on data supplied:

The address related to the company's number and on the company's website is the one listed below.

Legal Name:

Premier Choix Inc

Trade Name:

Premier Choice; First Choice

Legal Address

3033 Deville, Montreal, Quebec, Canada, H1Z 1Z5, USA

Telephone:

+ 1 (514) 260-9603

Document Number :

NA

Fax:

NA

Legal Form:

N.A.

Email:

info@premierchoixinc.com

Registered in:

NA

Website:

www.premierchoixinc.com

Date Created:

1989

Manager:

NA

Date Incorporated:

NA

Staff:

NA

Stock:

NA

 

 

Value:

NA

Activity:

Import-export printing machine

 

 

BUSINESS

 

PRINCIPAL ACTIVITY

 

We were not able to confirm that the entity you are looking for is registered in the registrar of Quebec.

 

Premier Choix Inc is listed on the company's website as involved in the imnport-export of printing machines.

 

This is an established company in business since 1989.

 

The company we found in the registrar of Quebec with the exact same name is related to the travel industry.

 

We called the structure.

 

We were able to speak to a male representative.

 

He confirmed the company's activity but was unwilling to provide any information related to an eventual registration without the name of the final inquiring party.

 

The entity is claiming export experiences with Bolivia, Colombia, U.S.A., Peru, Chile, Brazil, Argentina, Mexico, Bangladesh, Haiti, Sri Lanka, Trinidad, Kenya, Malaysia, Philippines, Rep. Dominican, Japan, China and Europe.

 

 

 

Final Opinion

 

 

We can confirm the current activity of the structure.

 

Nevertheless we have an issue on the company's registration.

 

No active registration was confirmed at this time.

 

Any credit line must require guarantees.

 

Providing the name of the final inquiring party or the correct company’s registration number would help to further or redirect the search.



 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.59

UK Pound

1

Rs.71.07

Euro

1

Rs.62.40

 

 

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.