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Report Date : |
14.02.2012 |
IDENTIFICATION DETAILS
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Correct Name : |
2154809 ONTARIO LIMITED |
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Registered Office : |
101 Richmond St East Toronto Ontario M5C IN9 |
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Country : |
Canada |
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Date of Incorporation : |
2007 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
MANUFACTURING
OF PERSIA RUGS |
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No. of Employees : |
1 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 2.500 |
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Status : |
Small company |
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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: |
RUG PERSIA |
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Address in the order: |
101 Richmond St East Toronto Ontario M5C
IN9 |
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Legal Name: |
2154809 Ontario Limited |
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Trade Name: |
RUG PERSIA |
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Legal Address |
101 Richmond St East Toronto Ontario M5C IN9 |
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Operative Address |
101 Richmond St East Toronto Ontario M5C IN9 |
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Telephone: |
+1 866 322 4998 |
ID : |
N/A |
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Fax: |
N/A |
Legal Form: |
Corporation for Profit |
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Email: |
Registered in: |
Canada |
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Website: |
Date Created: |
2007 |
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Manager: |
Ali Reza Shahgholi |
Date Incorporated: |
N/A |
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Staff: |
1 |
Stock: |
N/A |
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SIC Code : |
5713 |
Value: |
N/A |
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Activity: |
Manufacturing of Persia Rugs |
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PRINCIPAL ACTIVITY |
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Persia Rugs Manufacture |
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Products/Services description: |
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abadeh persian rugs, afshar persian rugs, Arak persian rugs, ardakan persian rugs, Ardebil Persian Rugs, Bakhtiar Persian Rugs, Baluch Persian Rugs, Bidjar Persian Rugs, Ferdos Persian Rugs, ghomsheh persian rugs, |
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Sales are: |
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Wholesale |
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Operations area: |
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International |
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The subject employs 1 employee(s) |
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LOCATION |
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Headquarters |
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101 Richmond St East, Toronto
Ontario, M5C IN9 |
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Shareholders Parent Company(ies): |
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Ali Reza Shahgholi owner and main shareholder. |
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Management |
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Ali Reza Shahgholi-Owner |
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As a private company the subject does not publish any financial
statements. |
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We tried unsuccessfuly to contact the company.We left a voicemail which
kept unanswered. |
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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 |
$155,392 |
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The cash flow is |
Normal |
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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 LOW 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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Rug Persia is a small company created 5 years ago. It is a Rugs Manufacturer well established in Ontario,Canada. The Company exports to foreign countries and has a normal cash flow. Rug Persia has no detrmiental files registered against it and our
research shows no legal filings or negative connotations on the subject. A credit line may be considered for USD 2.500 |
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Profitability |
N/A |
Public |
NO |
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Indebtedness |
N/A |
Payments |
TO BE MONITORED |
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Cash |
NORMAL |
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Person Interviewed |
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Several unsuccessful attempts at contacting the company lead to being
unable to get further information on the subject. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.31 |
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1 |
Rs.77.84 |
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Euro |
1 |
Rs.65.35 |
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.