MIRA INFORM REPORT

 

 

Report Date :           

26.11.2011

 

IDENTIFICATION DETAILS

 

Name :

G S IMPORT & EXPORT LIMITED

 

 

Registered Office :

4200 46 Ave SE, Ste 18, Calgary, AB T2B 3N7

 

 

Country :

Canada

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Private Independent Company

 

 

Line of Business :

Wholesale Distribution of durable goods

 

 

No. of Employees :

4 Persons

 

 

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 :

Small Company 

 

 

Payment Behaviour :

Unknown

 

 

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Canada

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name & address

 

G S Import & Export Limited

4200 46 Ave SE

Ste 18

Calgary, AB T2B 3N7

Canada

Tel:       403-532-4827

Fax:      403-532-4864

 

 

Synthesis

 

Employees:                  4

Company Type:            Private Independent

Financials in:                 USD (Millions)

Reporting Currency:       Canadian Dollar

Annual Sales:               4.9

Total Assets:                 NA

 

 

Business Description

 

Establishments primarily engaged in the wholesale distribution of durable goods, not elsewhere classified, such as musical instruments and forest products, except lumber.

 

Industry

Industry            Miscellaneous Capital Goods

ANZSIC 2006:    3739 - Other Goods Wholesaling Not Elsewhere Classified

NACE 2002:      5147 - Wholesale of other household goods

NAICS 2002:     423990 - Other Miscellaneous Durable Goods Merchant Wholesalers

UK SIC 2003:    5147 - Wholesale of other household goods

US SIC 1987:    5099 - Durable Goods, Not Elsewhere Classified

 

           

Key Executives   

 

Name                           Title    

Amandeep Dhindsa        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

4200 46 Ave SE

Ste 18

Calgary, AB, T2B 3N7

Canada

Tel:       403-532-4827

Fax:      403-532-4864

           

Sales CAD(mil):             5.0

Assets CAD(mil):           NA

Employees:                   4

Industry:                        Miscellaneous Capital Goods

Company Type:             Private Independent

Quoted Status:              Not Quoted

Owner:                          Amandeep Dhindsa

 

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Additional Information

 

Industry Codes

 

ANZSIC 2006 Codes:

3739     -          Other Goods Wholesaling Not Elsewhere Classified

3339     -          Other Hardware Goods Wholesaling

 

NACE 2002 Codes:

5147     -          Wholesale of other household goods

5153     -          Wholesale of wood, construction materials and sanitary equipment

 

NAICS 2002 Codes:

423990  -          Other Miscellaneous Durable Goods Merchant Wholesalers

423320  -          Brick, Stone, and Related Construction Material Merchant Wholesalers

 

US SIC 1987:

5099     -          Durable Goods, Not Elsewhere Classified

5032     -          Brick, Stone, and Related Construction Materials

 

UK SIC 2003:

5147     -          Wholesale of other household goods

5153     -          Wholesale of wood, construction materials and sanitary equipment

 

Business Description

Establishments primarily engaged in the wholesale distribution of durable goods, not elsewhere classified, such as musical instruments and forest products, except lumber.

 

 

 

Financial Data

Financials in:

CAD(mil)

 

Revenue:

5.0

1 Year Growth

NA

 

Additional Information

ABI Number:

052391703

 

 

 

 

 

Credit Report as of 04/01/2011

 

Location

4200 46 Ave SE Ste:18
Calgary, AB T2B 3N7
Canada

 

County:

Division 6

 

Phone:

403-532-4827

Fax:

403-532-4864

 

ABI©:

052391703

 

Annual Sales:

$4,968,000 (CAD)

Employees:

4

 

Business Type:

Private

Location Type:

Single Location

 

 

RECOMMENDED CREDIT LIMIT *

   N/A

 

Primary Line of Business:

 

SIC:

5099-05 - Importers (Whls)

NAICS:

423990 - All Other Durable Goods Merchant Whols

Secondary Lines of Business:

SICs:

5032-04 - Granite (Whls)

NAICS:

423320 - Masonry Material Merchant Whols

 

 

Table of Contents

 

Profile Links

Similar Businesses in the Area

 

External Links

Similar Businesses in the Area *

 

Tree Of Life Gourmet Award Fds

2600 61 Ave SE

Calgary, AB T2C 4V2    

 

Dutch Cash & Carry

3815 16 St SE

Calgary, AB T2G 4W5

 

   * Similar Businesses are defined as the closest businesses sharing the same six-digit primary SIC code ( 5099-05 - Importers (Whls)) regardless of size.

 

 

Executive report

 

Executives

 

Name

Title

Function

 

Amandeep Dhindsa

 

Owner

Chief Executive Officer

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.52.17

UK Pound

1

Rs.80.64

Euro

1

Rs.69.43

 

 

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.