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Report Date : |
26.04.2012 |
IDENTIFICATION DETAILS
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Name : |
TANMACH LIMITED |
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Registered Office : |
780 Hardwick Road, |
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Country : |
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Date of Incorporation : |
1974 |
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Legal Form : |
Limited Company |
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Line of Business : |
The company sells Dyes. |
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No. of Employees : |
5 |
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 30, 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 |
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Federal
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Currency: USD
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Ordered as: |
Tanmach Limited |
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Address in the order: |
780 Hardwick Road Botton Ontario Canada On L7E 5T4 |
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Legal Name: |
Tanmach Limited |
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Legal Address |
780 Hardwick Road Botton, Ontario, Canada, On L7E 5T4 |
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Telephone: |
+1 (905) 857-5034 |
ID: : |
N/A |
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Fax: |
+1 (905) 857-6411 |
Legal Form: |
Limited Company |
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Email: |
N/A |
Registered in: |
Canada |
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Website: |
N/A |
Date Created: |
1974 |
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Manager: |
Harold Gilberg, President & Board Member |
Date Incorporated: |
N/A |
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Staff: |
5 |
Stock: |
N/A |
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Value: |
N/A |
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Activity: |
The company sells Dyes. |
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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 1974. |
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PRINCIPAL ACTIVITY |
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The company offers Dyes. |
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Sales are: |
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Wholesale |
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The company imports from China and Argentina. |
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The subject employs 5
employee(s) |
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Comments on staff: |
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The number of employees was provided by the manager of the company. |
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PAYMENTS |
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made on a 45 days basis - monitored over the last 12 months |
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LOCATION |
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Headquarters |
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780 Hardwick Rd, Bolton, ON L7E 5R4, Canada |
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Branches: |
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The subject doesn´t have any branch. |
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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 privately held company and Harold Gilberg is the owner of
the company. |
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Management: |
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- Harold Gilberg, President & Board Member. - Steve, Manager. |
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As a private company the subject does not publish any financial
statements. |
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We have contacted Steve, the manager, who provided us with the
following data: The company has a range of revenue between $1.5 to $2 million. |
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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 credit rate. |
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Final Opinion |
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This is a small sized company based in Ontario, Canada. The company has 5 employees and more than 35 years of experience in
the market. The company has a good performance according to its size. |
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Profitability |
CORRECT |
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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Steve. |
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Position |
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Manager. |
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Comments |
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The person interviewed gave us the following information: - Number of employees. - Creation Date. - Owner´s name. - Trend of Payments. - Revenue. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.52.49 |
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1 |
Rs.84.66 |
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Euro |
1 |
Rs.69.25 |
INFORMATION DETAILS
|
Report Prepared
by : |
NIT |
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.