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Report Date : |
12.04.2012 |
IDENTIFICATION DETAILS
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Name : |
CROSSBY DEWAR INC |
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Registered Office : |
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Country : |
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Date of Incorporation : |
2000 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Construction Project Management |
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No. of Employees : |
700 |
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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Maximum Credit Limit : |
USD 800,000 |
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Status : |
Good |
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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 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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 |
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Federal
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Currency: 100.00 CAD = 99.7234 USD |
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Ordered as: |
Crossby Dewar Inc |
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Address in the order: |
Crossby Dewar 1935 Silicone Drive Pickering ON |
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Legal Name: |
CROSSBY DEWAR INC |
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Legal Address |
1935 Silicone Drive Pickering, Ontario L1W 3V7 Canada. |
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Operative Address |
1935 Silicone Drive Pickering, Ontario L1W 3V7 Canada. |
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Telephone: |
+1 (905) 683-5102 |
ID : |
NA |
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Fax: |
+1 (905) 683 1481 |
Legal Form: |
Corporation for Profit |
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Email: |
Registered in: |
Canada |
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Website: |
Date Created: |
2000 |
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Manager: |
Scott Dewar, President & Board Member |
Date Incorporated: |
NA |
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Staff: |
700 |
Stock: |
NA |
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Value: |
NA |
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Activity: |
Construction Project Management |
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HISTORY |
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This company was founded in 2000. |
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PRINCIPAL ACTIVITY |
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The subject offers scaffolding, insulation, asbestos abatement, sheet metal
fabrication and installation, welding, painting, material
handling/warehousing, and general construction services for nuclear
contractors. |
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Products/Services description: |
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It offers insulation technology, scaffold systems, removable insulation,
civil support, project management, and hazardous waste abatement services. |
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Sales are: |
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Wholesale |
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Clients: |
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Various industries. |
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Operations area: |
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National, International, Local |
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The company imports from Worldwide depending on the demand. |
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The company exports to Worldwide |
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Trade References: |
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The person contacted refused to provide the names of their suppliers
on grounds of confidentiality. |
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Competitors: |
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Achilles Management Inc Trinity Contract Interiors Broughton, E R Associates Ltd Bakker Technical Services Ltd Bmg Project Consultants Inc |
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The subject employs 700
employee(s) |
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Comments on staff: |
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This information was not confirmed with the staff. |
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PAYMENTS |
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regular |
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LOCATION |
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Headquarters |
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The company is headquartered at 1935 Silicone Drive Pickering, Ontario
L1W 3V7 Canada. |
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Branches: |
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There were no branches found for this company. |
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Shareholders Parent Company(ies): |
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This is a privately held company. Despite our long searches it has not
been possible to identify the shareholders. |
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Management: |
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Scott Dewar, President & Board Member Ian Morton, Vice President of Operations |
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As a private company the subject does not publish any financial
statements. |
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We have contacted a female representative who refused to provide us
any financial data without knowing the name of the inquiring party. |
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However our financial sources could provide us with the following
data. Those figures are estimates provided by confidential banking and
financial institutions working with the company. |
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Currency |
DATE |
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USD |
2010 |
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Turnover |
81,995,520 |
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The cash flow is |
Normal |
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Comments on the financial data: The figures had not been disclosed by the
company. They were conciliated with our private sources and from a particular
analysis of the company’s structure. |
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Legal Fillings |
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The sources consulted record no
detrimental legal or labor court information. |
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Local credit bureau gave a correct credit rate. The company is in Good Standing. This means that all local and federal
taxes were paid on due date. |
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Final Opinion |
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Crossby Dewar Inc is a large sized company with
about 700 employees and 12 years of experience. The structure is ISO 9001:2008 Quality System certified, having this
way the advantage to trade as a trustable supplier. The subject also has the following certifications: OHSAS 18001:2007,
CAN3-Z299.2-85 and W47.1-03. There were no legal filings found against the company or its legal
representatives. The figures had not been disclosed by the company. They were
conciliated with our private sources and from a particular analysis of the
company’s structure. The income per employee is really good for its size. In addition, payments are made on a regular basis. Therefore a credit line may be considered for USD 800,000 |
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Profitability |
N.A. |
Public |
NO |
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Indebtedness |
N.A. |
Payments |
REGULAR |
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Cash |
NORMAL |
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Person Interviewed |
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Female representative |
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Comments |
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As the name of the inquiring party could not be provided during the
call, the person contacted was unwilling to provide us her name or any
information about the company per security purposes. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.51.54 |
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1 |
Rs.81.94 |
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Euro |
1 |
Rs.67.56 |
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 |
-- |
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.