MIRA INFORM REPORT

 

 

Report Date :           

14.10.2011

 

IDENTIFICATION DETAILS

 

Name :

MAIN KNITTING INC

 

 

Registered Office :

6666 Rue Saint-Urbain, Ste 400, Montreal, QC H2S 3H1

 

 

Country :

Canada

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Private Independent Company

 

 

Line of Business :

Manufacturing Women's, Misses', and Juniors' Outerwear, not elsewhere classified, from purchased woven or knit fabrics.

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually Correct 

 

 

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

 

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 

 

Main Knitting Inc

6666 Rue Saint-Urbain

Ste 400

Montreal, QC H2S 3H1

Canada

Tel:       514-274-4403

Fax:      514-274-6125

 

 

Synthesis  

 

Employees:                  1,800

Company Type:            Private Independent

Financials in:                 USD (Millions)

Reporting Currency:       Canadian Dollar

Annual Sales:               417.0

Total Assets:                NA

 

 

Business Description     

 

Establishments primarily engaged in manufacturing women's, misses', and juniors' outerwear, not elsewhere classified, from purchased woven or knit fabrics.

 

 

Industry

Industry            Apparel and Accessories

ANZSIC 2006:    1351 - Clothing Manufacturing

NACE 2002:      1824 - Manufacture of other wearing apparel and accessories not elsewhere classified

NAICS 2002:     315999 - Other Apparel Accessories and Other Apparel Manufacturing

UK SIC 2003:    1824 - Manufacture of other wearing apparel and accessories not elsewhere classified

US SIC 1987:    2339 - Women's, Misses', and Juniors' Outerwear, Not Elsewhere Classified

 

           

Key Executives   

 

Name                           Title    

Michael Inhaber             President         

 

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

6666 Rue Saint-Urbain

Ste 400

Montreal, QC, H2S 3H1

Canada

Tel:       514-274-4403

Fax:      514-274-6125

           

Sales CAD(mil):             423.9

Assets CAD(mil):           NA

Employees:                   1,800

Industry:                        Apparel and Accessories

Company Type:             Private Independent

Quoted Status:              Not Quoted

President:                     Michael Inhaber

 

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Additional Information

 

Industry Codes

 

ANZSIC 2006 Codes:

1351     -          Clothing Manufacturing

3712     -          Clothing and Footwear Wholesaling

 

NACE 2002 Codes:

5142     -          Wholesale of clothing and footwear

1824     -          Manufacture of other wearing apparel and accessories not elsewhere classified

 

NAICS 2002 Codes:

315999  -          Other Apparel Accessories and Other Apparel Manufacturing

424320  -          Men's and Boys' Clothing and Furnishings Merchant Wholesalers

 

US SIC 1987:

2339     -          Women's, Misses', and Juniors' Outerwear, Not Elsewhere Classified

5136     -          Men's and Boy's Clothing and Furnishings

 

UK SIC 2003:

1824     -          Manufacture of other wearing apparel and accessories not elsewhere classified

5142     -          Wholesale of clothing and footwear

 

Business Description

Establishments primarily engaged in manufacturing women's, misses', and juniors' outerwear, not elsewhere classified, from purchased woven or knit fabrics.

 

 

Financial Data

Financials in:

CAD(mil)

 

Revenue:

423.9

1 Year Growth

NA

 

Additional Information

ABI Number:

019667708

 

 

 

 

 

Credit Report as of 04/01/2011

 

Location

6666 Rue Saint-Urbain Ste:400
Montreal, QC H2S 3H1
Canada

 

County:

Comm-Urbaine-De-Mont

 

Phone:

514-274-4403

Fax:

514-274-6125

 

KeyIDSM:

92034470

ABI©:

019667708

 

Annual Sales:

$423,947,000 (CAD)

Employees:

1,800

 

 

Business Type:

Private

Location Type:

Single Location

 

Recommended Credit Limit *

   N/A

 

Primary Line Of Business:

 

SIC:

2339-07 - Clothing-Manufacturers

NAICS:

315999 - All Other Accessory & Apparel Mfg

Secondary Lines Of Business:

SICs:

5136-28 - Clothing-Wholesale

 

5136-12 - Underwear-Wholesale

NAICS:

424320 - Men's & Boy's Clothing Merchant Whols

Table of Contents

 

Profile Links

·         Similar Businesses in the Area

·         Disclaimer

 

External Links

·         Similar Businesses in the Area *

 

Lilianne Lingerie Limited

260 Rue Faillon O

Montreal, QC H2R 2V7  

 

Lilianne Lingerie

3131 Boul Cote Vertu

Saint-Laurent, QC H4R 1Y8       

 

Lilianne Lingerie

401 Boul Labelle

Rosemere, QC J7A 3V8

 

Codet Inc

49 Rue Maple

Coaticook, QC J1A 1C3 

 

Lilianne Lingerie

2305 Ch Rockland Ste:180

Mont-Royal, QC H3P 3E9          

 

Arc'Teryx Equipment Inc

1515 Rue Sainte-Catherine O

Montreal, QC H3G 2W1

 

Claudel Lingerie Inc

260 Rue Faillon O

Montreal, QC H2R 2V7  

 

Femme De Carriere Pret-A-Prtr

225 Rue Chabanel O Ste:500

Montreal, QC H2N 2C9

 

 

Executive report

 

Executives

 

Name

Title

Function

 

Michael Inhaber

 

President

President

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.02

UK Pound

1

Rs.77.13

Euro

1

Rs.67.56

 

 

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.