MIRA INFORM REPORT
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Report Date : |
04.11.2011 |
IDENTIFICATION DETAILS
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Name : |
FIVE STAR ENTERPRISE |
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Registered Office : |
3510 Pharmacy Ave, Scarborough, ON |
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Country : |
Canada |
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Date of Incorporation : |
Not Available |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Private Independent Company |
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Line of Business : |
Dyeing And Finishing Textiles |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment
Behaviour : |
No Complaints |
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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 – September 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Canada |
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 |
Company name & address
Five Star Enterprise
3510 Pharmacy Ave
Scarborough, ON
Canada
Tel: 416-490-1080
Synthesis
Employees: 10
Company Type: Private Independent
Financials in: USD
(in Millions)
Reporting Currency: Canadian
Dollar
Annual Sales: 3.4
Total Assets: NA
Business Description
Establishments
primarily engaged in dyeing and finishing textiles, not elsewhere classified,
such as bleaching, dyeing, printing, and finishing of raw stock, yarn, braided goods,
and narrow fabrics, except wool and knit fabrics. These establishments perform
finishing operations on purchased textiles or on a commission basis.
Industry
Industry Textiles - Non Apparel
ANZSIC 2006: 1334 - Textile Finishing
and Other Textile Product Manufacturing
NACE 2002: 1730 - Finishing
of textiles
NAICS 2002: 313312 - Textile
and Fabric Finishing (except Broadwoven Fabric) Mills
UK SIC 2003: 1730 - Finishing
of textiles
US SIC 1987: 2269 - Finishers
of Textiles, Not Elsewhere Classified
Key Executives
Name Title
Moe Somji Owner
1 - Profit & Loss Item Exchange Rate: USD 1 = CAD 1.016733
2 - Balance Sheet Item Exchange Rate: USD 1 = CAD 0.96445
Corporate Overview
Location
3510 Pharmacy Ave
Scarborough, ON, Canada
Tel: 416-490-1080
Sales CAD(mil) : 3.4
Assets CAD(mil): NA
Employees: 10
Industry: Textiles
- Non Apparel
Company Type: Private
Independent
Quoted Status: Not
Quoted
Owner: Moe
Somji
Contents
· Industry Codes
· Business Description
· Financial Data
· Additional Information
Industry Codes
ANZSIC 2006 Codes:
3731 - Furniture and Floor Covering Wholesaling
1334 - Textile Finishing and Other Textile Product Manufacturing
NACE 2002 Codes:
1730 - Finishing of textiles
5147 - Wholesale of other household goods
NAICS 2002 Codes:
313312 - Textile and Fabric Finishing (except Broadwoven Fabric)
Mills
423220 - Home Furnishing Merchant Wholesalers
US SIC 1987:
5023 - Home furnishings
2269 - Finishers of Textiles, Not Elsewhere Classified
UK SIC 2003:
5147 - Wholesale of other household goods
1730 - Finishing of textiles
Business
Description
Establishments
primarily engaged in dyeing and finishing textiles, not elsewhere classified,
such as bleaching, dyeing, printing, and finishing of raw stock, yarn, braided
goods, and narrow fabrics, except wool and knit fabrics. These establishments
perform finishing operations on purchased textiles or on a commission basis.
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Credit Report as of 04/01/2011
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Location |
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3510 Pharmacy Ave |
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County: |
Toronto Metropolitan |
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Phone: |
416-490-1080 |
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ABI©: |
029193158 |
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Annual Sales: |
$3,408,000 (CAD) |
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Employees: |
10 |
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Business Type: |
Private |
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Location Type: |
Single Location |
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Recommended
Credit Limit * |
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N/A |
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Primary Line of
Business: |
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SIC: |
2269-04 - Linens-Manufacturers |
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NAICS: |
313312 - Other Textile & Fabric Finishing Mills |
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Secondary Lines
of Business: |
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SICs: |
5023-15 - Linens-Wholesale |
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NAICS: |
423220 - Home Furnishing Merchant Whols |
Executive report
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Executives |
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Owner |
Chief Executive Officer |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.37 |
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UK Pound |
1 |
Rs.78.50 |
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Euro |
1 |
Rs.67.59 |
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.