MIRA INFORM REPORT

 

Report Date :

27.08.2012

 

IDENTIFICATION DETAILS

 

Name :

GOLDER ASSOCIATES LTD

 

 

Registered Office :

2390 Argentia Rd Mississauga, ON L5N 5Z7

 

 

Country :

Canada

 

 

Date of Incorporation :

1960

 

 

Legal Form :

Limited Company

 

 

line of business :

Subject offers engineering and the environmental science services.

 

 

No. of Employees :

8,000 (at group level)

 

 

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 :

No Complaints

 

 

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

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Canada

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


GEOPOLITICS - CANADA

POLITICAL DATA

ECONOMIC DATA

Form of Government: Federal


Economic Risk: Nil

Currency: 100.00 CAD = 81.3501 EUR

Branch Situation:Stable

 

 

IDENTIFICATION

Ordered as:

GOLDER ASSOCIATES LTD

Address in the order:

Still Creek Drive 500 4

Burnaby BC V5C 6C6

Canada

Comments on data supplied:

Dear client,

 

The address provided is that of a branch location.

Legal Name:

GOLDER ASSOCIATES LTD

 

 

Legal Address

2390 Argentia Rd

Mississauga, ON L5N 5Z7, Canada

Operative Address

2390 Argentia Rd

Mississauga, ON L5N 5Z7, Canada

Telephone:

(905) 567-4444

ID :

NA

Fax:

(905) 567-6561

Legal Form:

Limited Company

Email:

info@golder.ca

Registered in:

Canada

Website:

www.golder.ca

Date Created:

1960

Manager:

Mark Brightman, President

Date Incorporated:

NA

Staff:

8,000 (at group level)

Stock:

NA

 

 

Value:

NA

Activity:

Golder Associates Ltd. offers engineering and the environmental science services.

 

BANKS

 

Name of the Bank

Royal Bank of Canada

BUSINESS

HISTORY

 

Golder Associates was founded in Toronto, Canada in 1960 as H. Q. Golder and Associates. The founders - Hugh Golder, Victor Milligan, Larry Soderman and John Seychuk - shared a unique combination of reputation and technical, business and operational skills.

 

The company was selected as one of Canada's Top 100 Employers.

 

PRINCIPAL ACTIVITY

 

Golder Associates Ltd. offers engineering and the environmental science services.

 

Products/Services description:

 

 The company provides ground engineering, natural resources management, environmental and social assessment, environmental management and compliance, decommissioning and decontamination, and planning and design services. Additionally, it offers waste management, tailings management, site remediation, due diligence consulting, information management, and water and wastewater treatment and process engineering services.

Sales are:

 

Wholesale

Clients:

 

The company caters to oil and gas, mining, manufacturing, power, and transportation sectors

Suppliers:

 

The person contacted refused to provide the name of the suppliers for us to check trade references.

Operations area:

 

National, International

The company imports from depending on the demand.

The company exports to depending on the demand.

The subject employs 8,000 employee(s)

Comments on staff:

 

The staff number has been gathered from an official publication.

PAYMENTS

 

regular

LOCATION

Headquarters

 

The company is headquartered at: 2390 Argentia Road

Mississauga, ON L5N 5Z7 Canada.

Branches:

 

102, 2535 - 3rd Avenue S.E.

Calgary, Alberta

Canada T2A 7W5

 

201 Columbia Avenue

Castlegar, British Columbia

Canada V1N 1A8

 

500 - 4260 Still Creek Drive

Burnaby, British Columbia

Canada V5C 6C6

 

Unit #1, 25 Scurfield Boulevard

Winnipeg, Manitoba

Canada R3Y 1G4

 

62 Pippy Place, Suite 204

St. John's, NL

A1B 4H7

 

32 Steacie Drive

Kanata, Ontario

Canada K2K 2A9

 

1001, boulevard de Maisonneuve Ouest

7e étage

Montréal, Québec

Canada H3A 3C8

 

(Among many others)

 

Shareholders - Manager - Related Companies

 

Listed at the stock exchange:

 

NO

Shareholders Parent Company(ies):

 

This is a private company. Golder Associates Ltd. operates as a subsidiary of Golder Associates Corporation.

 

Golder Associates Corporation provides consulting, design, and construction services in earth, environment, and the related areas of energy.

 

2390 Argentia Road

Mississauga, ON L5N 5Z7

Canada

Management:

 

Mr. Mark Brightman

President

 

Mr. John Seychuk

Co-Founder

 

John Schultz

Chief Financial Officer

 

Ms. Louise Ménard

Chief Operating Officer

 

Mr. Rob Fraser

Managing Director

Related Companies:

 

Golder Associates (U K) Ltd

Golder Associates Inc.

Golder Associates Pty. Ltd.

 

 

 

Financials - COMMERCIAL TRENDS AND FORECAST

As a private company the subject does not publish any financial statements.

We have contacted a female representative who refused to provide us any financial data on grounds of confidentiality.

 

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.

 

 

Comments on the financial data: Our financial sources informed that annual sales would be in the range of USD 300,000,000 to USD 350,000,000.-

 

Legal Fillings

 The sources consulted record no relevant detrimental legal or labor court information.

 

Rating

Local credit bureau gave a Good credit rate.

 

The company is in Good Standing. This means that all local and federal taxes were paid on due date.

 

 

 Final Opinion

 

This is a big sized Canadian company which employs 8,000 people (at group level).

 

It has good experience in the market of 52 years.

 

The sources consulted record no relevant detrimental legal or labor court information.

 

Golder Associates Ltd. offers engineering and the environmental science services.

 

It operates as a subsidiary of Golder Associates Corporation, from Canada, and it has international presence.

 

The subject is very well established.

 

SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

Profitability

N.A.

Public Records

NO

Indebtedness

CONTROLLED

Payments

REGULAR

Cash

NORMAL

 

 

 

 

APPENDIX

 

Position

 

Operator

Comments

 

The person contacted just agreed to confirm the company's headquarters.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.38

UK Pound

1

Rs.87.80

Euro

1

Rs.69.48

 

INFORMATION DETAILS

 

Report Prepared by :

SDA

 

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.