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Report Date : |
26.04.2012 |
IDENTIFICATION DETAILS
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Name : |
INTERPRO |
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Registered Office : |
4400 Dominion Street, Suite 400, Burnaby, B.C., Canada V5G 4G4 |
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Country : |
Canada |
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Year of Establishment : |
1990 |
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Legal Form : |
Private Company |
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Line of Business : |
It markets forest products |
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No. of Employees : |
Between 50 to 99 people |
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 30,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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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 – March 31st, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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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 |
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Federal
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Currency: 1.00 CAD = 1.01644 USD |
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Legal Name: |
INTERPRO FOREST PRODUCTS |
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Legal Address |
4400 Dominion Street, Suite 400, Burnaby,
B.C., Canada V5G 4G4 |
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Operative Address |
4400 Dominion Street, Suite 400, Burnaby,
B.C., Canada V5G 4G4 |
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Telephone: |
+1 (604) 732-6155 |
ID : |
NA |
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Fax: |
+1 (604) 739-9652 |
Legal Form: |
Private Company |
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Email: |
Registered in: |
Canada |
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Website: |
Date Created: |
1990 |
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Manager: |
Faizan Choudhry, International Marketing
& Sales |
Date Incorporated: |
NA |
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Staff: |
Between 50 to 99 people |
Stock: |
NA |
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Value: |
NA |
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Activity: |
It markets forest products. |
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Name of the Bank |
Royal Bank of Canada |
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HISTORY |
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The company was created in 1990. |
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PRINCIPAL ACTIVITY |
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INTERPRO FOREST PRODUCTS is a global forest products organization. It
is the organization's flagship company. Interpro is the corporate name of the
organization and has four companies worldwide and multiple satellite offices
operating under this entity. Over the past 20 years, Interpro has grown from a locally-based and
regionally-serviced wholesaler of lumber into a global forest products
business with worldwide operations in three key divisions. |
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Products/Services description: |
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The company offers the following services: Global exporting of lumber, sawn wood, and panel products Manufacturing of wooden products Logistics The company offers the following products: forest product, Interpro, lumber distributors, lumber exports,
softwood, softwood lumber, wholesale lumber, wooden packaging, wooden
pallets, Canadian lumber |
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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 |
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The company imports from Depending on demand |
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The company exports to Dubai, mainly |
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Trade References: |
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The person contacted refused to provide the names of their suppliers
for us to check the trade references. |
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The subject employs Between 50 to 99 people employee(s) |
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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 4400 Dominion Street, Suite 400,
Burnaby, B.C., Canada V5G 4G4. |
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Listed at the stock exchange: |
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NO |
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Shareholders Parent Company(ies): |
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This is a private company. Despite our long searches we could not find
the main shareholders. |
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Management: |
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Faizan Choudhry, International Marketing & Sales |
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Related Companies: |
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The company has the following affiliated companies: Manufacturing Subsidiary Interpro Wood Industries LLC P.O. Box 262684 Jebel Ali Free Zone, Dubai, U.A.E. T: + 971 4 8809901 F: + 971 4 8809902/3 Regional Head Office Interpro Forest Products Dubai Techno Park Building, Block B, Office # 413 P. O. Box 263097, Dubai, U.A.E T: + 971 4 8807302 F: + 971 4 8807303 Distribution Subsidiary Interpro Intermodal Inc. 201 Duncan Street New Westminster, B.C., Canada V3M 5G3 T: (604) 585-6155 F: (604) 739-9652 |
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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 on grounds of confidentiality. |
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Comments on the financial data: As of today,
INTERPRO FOREST PRODUCTS’s 2011 numerical financial figures were neither
released nor revealed to our sources. |
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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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The subject is a small size Canadian
company. It started its commercial operations in
1990. Therefore, it has a very good experience in its field. INTERPRO FOREST PRODUCTS engages in the
exporting of lumber, sawn wood, and panel products. The company is well positioned in the
market. It seems to have a good business
structure, with operations international and locally. No unfavorable information in regards to
the subject’s commercial reputation was reported. No specific adverse record has been found
on the subject. Credit line may be considered for USD
30,000-. |
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Profitability |
N.A. |
Public |
NO |
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Indebtedness |
N.A. |
Payments |
REGULAR |
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Cash |
N.A. |
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Comments |
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We have contacted a female representative who refused to provide us
any financial data on grounds of confidentiality. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.49 |
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UK Pound |
1 |
Rs.84.66 |
|
Euro |
1 |
Rs.69.25 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.