MIRA
INFORM REPORT
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Report Date : |
31.03.2011 |
IDENTIFICATION DETAILS
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Name : |
3385175 CANADA INC |
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Registered Office : |
4058 Rue Jean-Talon O Bureau 150, Montréal, QC,
H4P 1V5 |
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Country : |
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Date of Incorporation : |
05.05.1998 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Jewelry |
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 : |
60,000 USD |
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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 – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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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 –
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Federal
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Currency: CAD |
IDENTIFICATION
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Legal Name: |
3385175 CANADA INC. |
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Trade Name: |
First Canadian Diamond Cutting Works |
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Legal Address |
4058 Rue Jean-Talon O Bureau
150, H4P 1V5, |
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Telephone: |
+ 1 (514) 875-4800 |
Document Number : |
1147690151 |
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Fax: |
+ 1 (514) 875-5356 |
Legal Form: |
Corporation for Profit |
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Email: |
NA |
Registered in: |
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Website: |
NA |
Date Created: |
June 19, 1997 |
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Manager: |
Mayer Gniwisch, President |
Date Incorporated: |
May 5, 1998 |
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Staff: |
1-5 employees |
Stock: |
NA |
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Value: |
NA |
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Activity: |
Jewelry |
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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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3385175 CANADA INC. is a private company located in the The structure is also working as First Canadian Diamond Cutting Works. The company's main line of business is Jewelry. It sales to individual and companies. The structure has international business partners. We called the entity. The staff confirmed the location and general line of business. |
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Sales are: |
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Wholesale, Retail |
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Operations area: |
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National |
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Trade References: |
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BRIGHT WORLD (HK) LTD FLAT D N E,29F, |
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PAYMENTS |
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regular |
Shareholders - Manager - Related Companies
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Shareholders Parent Company(ies): |
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GNIWISCH PINNY - Main Shareholder GNIWISCH SAMUEL - Second Shareholder GNIWISCH YEHUDA - Third Shareholder |
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Management: |
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GNIWISCH MAYER, President, GNIWISCH BRENDA, Secretary. |
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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However our financial sources could provide us with the following
data. Those figures are estimates provided by confidential banking and
financial institutions working with the company (Exceptionally in USD). |
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Currency |
DATE |
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USD |
2009 |
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Turnover |
4,100,000 |
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Legal Fillings |
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The sources consulted record no detrimental legal or labor court
information. The company's last annual report was filed on July 10, 2010. |
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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The company is established. The structure is evolving in a pretty profitable sector. No specific adverse record related to the company's name was gathered. The company can bear a credit line. A business connection can be conducted. |
SUMMARY
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Profitability |
CORRECT |
Public |
NO |
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Indebtedness |
CONTROLLED |
Payments |
REGULAR |
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Cash |
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ADVISED CREDIT |
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60,000 USD |
APPENDIX
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Comments |
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The receptionist confirmed the company's location and line of
business. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.77 |
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1 |
Rs.71.69 |
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Euro |
1 |
Rs.63.02 |
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 |
-- |
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.