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Report Date : |
15.02.2012 |
IDENTIFICATION DETAILS
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Name : |
BIO INSTRUMENTATION TECHNOLOGY LTD. |
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Registered Office : |
203 4205 Shipp Drive Mississauga Ontario L4Z2Y9 (not verified) |
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Country : |
Canada |
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Date of Incorporation : |
Not Available |
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Legal Form : |
Limited Company |
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Line of Business : |
The company works on Surgical and Medical Instrument Manufacturing (not verified) |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Undetermined |
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Payment Behaviour : |
Unknown |
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Litigation : |
-- |
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 |
GEOPOLITICS – CANADA
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Federal
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Currency: USD |
IDENTIFICATION
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Legal Name: |
Bio Instrumentation Technology Ltd. |
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Legal Address |
203 4205 Shipp Drive Mississauga Ontario L4Z2Y9 (not verified) |
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Telephone: |
+1 416 760 4845 |
ID : |
NA |
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Fax: |
+1 416 850 5149 |
Legal Form: |
Limited Company |
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Email: |
info@bio-instrumentation.com |
Registered in: |
Canada |
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Website: |
http://www.bio-instrumentation.com/ |
Date Created: |
NA |
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Manager: |
Mr Kashif Latif, Managing Director (not verified) |
Date Incorporated: |
NA |
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Staff: |
NA |
Stock: |
NA |
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Value: |
NA |
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Activity: |
The company works on Surgical and Medical Instrument Manufacturing
(not verified) |
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BUSINESS
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PRINCIPAL ACTIVITY |
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The firm would be in charge of medical and scientific suppliers. |
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Products/Services description: |
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Fetal doppler, vital care. |
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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 company imports from Pakistan |
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The company export to Pakistan and Afghanistan |
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Trade References: |
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Cardinal Health and Medtronics |
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PAYMENTS |
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Unknown |
Shareholders - Manager -
Related Companies
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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. Mr. Kashif Latif would be the main shareholder. |
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Management: |
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Mr Kashif Latif: Managing Director |
Financials - COMMERCIAL TRENDS AND FORECAST
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As a private company the subject does not publish any financial
statements. |
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We couldn´t reach any representative of the company. |
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Comments on the financial data: The financial
data for the subject was neither revelead to our sources, nor disclosed to
us. |
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Legal Fillings |
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The sources consulted record no
detrimental legal or labor court information. |
Rating
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Local credit bureau did not rate this company. |
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Final Opinion |
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Despite our long searches we were unable to locate the firm, we can´t
affirm if the company is active or not. We could not found Mr Kashif Latif, he does not answers the phone. The web site doesnt´t bring too much information about the services,
the clients and the proyects with Pakistan and Afhganistan. Despite of the poor information, we could only find that the principal
activity of the firm would be to supply Surgical and Medical Instrumentation. To conclude, it is difficult to find information about the company,
number of employees, revenues and date of creation, that´s why we consider
working with guarantees. |
APPENDIX
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Comments |
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We couldn´t reach any representative of the company. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.33 |
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1 |
Rs.77.41 |
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Euro |
1 |
Rs.64.84 |
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.