MIRA INFORM REPORT
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Report Date : |
07.11.2011 |
IDENTIFICATION DETAILS
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Name : |
INTEREX FOREST PRODUCTS LIMITED |
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Registered Office : |
650 Georgia St W, Ste 11601, Vancouver, BC V6B 4N9 |
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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 : |
Wholesale Distribution of rough, dressed, and finished lumber (but not
timber); plywood; reconstituted wood fiber products; doors and windows and
their frames (all materials); wood fencing; and other wood or metal millwork. |
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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Status : |
Satisfactory |
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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
Interex Forest Products Limited
650 Georgia St W
Ste 11601
Vancouver, BC V6B 4N9
Canada
Tel: 604-801-7200
Fax: 604-602-4743
Synthesis
Employees: 14
Company Type: Private
Independent
Financials in: USD
(Millions)
Reporting Currency: Canadian
Dollar
Annual Sales: 15.3
Total Assets: NA
Business Description
Establishments,
with or without yards, primarily engaged in the wholesale distribution of
rough, dressed, and finished lumber (but not timber); plywood; reconstituted
wood fiber products; doors and windows and their frames (all materials); wood
fencing; and other wood or metal millwork.
Industry
Industry Construction - Supplies and
Fixtures
ANZSIC 2006: 3331 - Timber
Wholesaling
NACE 2002: 5153 - Wholesale
of wood, construction materials and sanitary equipment
NAICS 2002: 423310 - Lumber,
Plywood, Millwork, and Wood Panel Merchant Wholesalers
UK SIC 2003: 5153 - Wholesale
of wood, construction materials and sanitary equipment
US SIC 1987: 5031 - Lumber,
Plywood, Millwork, and Wood Panels
Key Executives
Name Title
Glen Wilson President
News
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Title |
Date |
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Canadian Forest
Industry Pledges Support to Japan |
22-Mar-2011 |
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Canadian
Forest Industry Pledges Support to Japan |
22-Mar-2011 |
ABI Number: 032402315
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
650 Georgia St W
Ste 11601
Vancouver, BC, V6B 4N9
Canada
Tel: 604-801-7200
Fax: 604-602-4743
Sales CAD(mil): 15.6
Assets CAD(mil): NA
Employees: 14
Industry: Construction
- Supplies and Fixtures
Company Type: Private
Independent
Quoted Status: Not
Quoted
President: Glen
Wilson
Contents
· Industry Codes
· Business Description
· Financial Data
· Additional Information
Industry Codes
ANZSIC 2006 Codes:
3331 - Timber Wholesaling
3739 - Other Goods Wholesaling Not Elsewhere Classified
NACE 2002 Codes:
5153 - Wholesale of wood, construction materials and sanitary
equipment
5147 - Wholesale of other household goods
NAICS 2002 Codes:
423310 - Lumber, Plywood, Millwork, and Wood Panel Merchant
Wholesalers
423990 - Other Miscellaneous Durable Goods Merchant Wholesalers
US SIC 1987:
5031 - Lumber, Plywood, Millwork, and Wood Panels
5099 - Durable Goods, Not Elsewhere Classified
UK SIC 2003:
5147 - Wholesale of other household goods
5153 - Wholesale of wood, construction materials and sanitary
equipment
Business
Description
Establishments,
with or without yards, primarily engaged in the wholesale distribution of
rough, dressed, and finished lumber (but not timber); plywood; reconstituted
wood fiber products; doors and windows and their frames (all materials); wood
fencing; and other wood or metal millwork.
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Credit Report as of 04/01/2011
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Location |
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650 Georgia St W Ste:11601 |
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County: |
Greater Vancouver |
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Phone: |
604-801-7200 |
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Fax: |
604-602-4743 |
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ABI©: |
032402315 |
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Annual Sales: |
$15,603,000 (CAD) |
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Employees: |
14 |
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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: |
5031-01 - Lumber-Exporters & Importers (Whls) |
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NAICS: |
423310 - Lumber & Wood Merchant Whols |
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Secondary Lines
of Business: |
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NAICS: |
423990 - All Other Durable Goods Merchant Whols |
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SICs: |
5099-01 - Exporters (Whls) |
Executive report
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Executives |
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President |
President |
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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.49.08 |
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UK Pound |
1 |
Rs.78.65 |
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Euro |
1 |
Rs.67.79 |
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.