MIRA INFORM REPORT
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Report Date : |
29.10.2011 |
IDENTIFICATION DETAILS
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Name : |
PFM PACKAGING MACHINERY CORP |
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Registered Office : |
1271 Ringwell Dr, Newmarket, ON L3Y 8T9 |
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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 : |
Manufacturing Heavy Machinery and Equipment |
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
PFM Packaging Machinery Corp
1271 Ringwell Dr
Newmarket, ON L3Y 8T9
Canada
Tel: 905-836-6709
Fax: 905-836-7763
Synthesis
Employees: 39
Company Type: Private
Independent
Financials in: USD
(millions)
Reporting Currency: Canadian
Dollar
Annual Sales: 25.4
Total Assets: NA
Business Description
Establishments
primarily engaged in manufacturing heavy machinery and equipment of a type used
primarily by the construction industries, such as bulldozers; concrete mixers;
cranes, except industrial plant overhead and truck-type cranes; dredging
machinery; pavers; and power shovels. Also included in this industry are
establishments primarily engaged in manufacturing forestry equipment and
certain specialized equipment, not elsewhere classified, similar to that used
by the construction industries, such as elevating platforms, ship cranes and
capstans, aerial work platforms, and automobile wrecker hoists.
Industry
Industry Construction and Agriculture
Machinery
ANZSIC 2006: 2462 - Mining and
Construction Machinery Manufacturing
NACE 2002: 2952 - Manufacture
of machinery for mining, quarrying and construction
NAICS 2002: 333120 -
Construction Machinery Manufacturing
UK SIC 2003: 2952 - Manufacture
of machinery for mining, quarrying and construction
US SIC 1987: 3531 -
Construction Machinery and Equipment
Key Executives
(Emails Available)
Name Title
Daniele Bisio Vice President
John Fallis Regional
Manager For Eastern Usa
Don Oulton Regional Manager
For Southern Usa
ABI Number: 015514326
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
1271 Ringwell Dr
Newmarket, ON, L3Y 8T9
Canada
Tel: 905-836-6709
Fax: 905-836-7763
Sales CAD(mil): 25.9
Assets CAD(mil): NA
Employees: 39
Industry: Construction
and Agriculture Machinery
Company Type: Private
Independent
Quoted Status: Not Quoted
Vice President: Daniele
Bisio
Contents
· Industry Codes
· Business Description
· Financial Data
· Additional Information
Industry Codes
ANZSIC 2006 Codes:
2462 - Mining and Construction Machinery Manufacturing
2499 - Other Machinery and Equipment Manufacturing Not Elsewhere
Classified
3419 - Other Specialised Industrial Machinery and Equipment
Wholesaling
NACE 2002 Codes:
2952 - Manufacture of machinery for mining, quarrying and
construction
2924 - Manufacture of other general purpose machinery not
elsewhere classified
5187 - Wholesale of other machinery for use in industry, trade and
navigation
NAICS 2002 Codes:
423830 - Industrial Machinery and Equipment Merchant Wholesalers
333993 - Packaging Machinery Manufacturing
333120 - Construction Machinery Manufacturing
US SIC 1987:
3531 - Construction Machinery and Equipment
3565 - Packaging Machinery
5084 - Industrial Machinery and Equipment
UK SIC 2003:
5187 - Wholesale of other machinery for use in industry, trade and
navigation
2924 - Manufacture of other general purpose machinery not
elsewhere classified
2952 - Manufacture of machinery for mining, quarrying and
construction
Business
Description
Establishments primarily
engaged in manufacturing heavy machinery and equipment of a type used primarily
by the construction industries, such as bulldozers; concrete mixers; cranes,
except industrial plant overhead and truck-type cranes; dredging machinery;
pavers; and power shovels. Also included in this industry are establishments
primarily engaged in manufacturing forestry equipment and certain specialized
equipment, not elsewhere classified, similar to that used by the construction
industries, such as elevating platforms, ship cranes and capstans, aerial work
platforms, and automobile wrecker hoists.
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Credit Report as of 04/01/2011
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Location |
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1271 Ringwell Dr |
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County: |
York Regional |
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Phone: |
905-836-6709 |
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Fax: |
905-836-7763 |
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ABI©: |
015514326 |
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Annual Sales: |
$25,863,000 (CAD) |
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Employees: |
39 |
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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: |
3531-01 - Machinery-Manufacturers |
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NAICS: |
333120 - Construction Machinery Mfg |
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Secondary Lines Of
Business: |
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NAICS: |
333993 - Packaging Machinery Mfg |
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423830 - Industrial Machinery Merchant Whols |
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SICs: |
3565-02 - Packaging Machinery-Manufacturers |
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5084-38 - Packaging Machinery-Wholesale |
Table of Contents
Profile Links
Similar Businesses in the Area
Disclaimer
External Links
Similar Businesses in the Area *
Royal Group Inc
11 Regalcrest Crt
Woodbridge, ON L4L 8P3
Byrne Engineering
Inc
3050 Harvester Rd Ste:200
Burlington, ON L7N 3J1
* Similar Businesses are
defined as the closest businesses sharing the same six-digit primary SIC code (
3531-01 - Machinery-Manufacturers) regardless of size.
Executive report
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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.48.82 |
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UK Pound |
1 |
Rs.78.57 |
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Euro |
1 |
Rs.69.29 |
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.