MIRA INFORM REPORT

 

 

Report Date :

17.02.2012

 

IDENTIFICATION DETAILS

 

Name :

HAMILTON METAL RECYCLING LTD

 

 

Registered Office :

4915 Bathurst St. Suite 209, Toronto, On, Canada, M2R 1X9

 

 

Country :

Canada

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Not Available

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Undetermined

Payment Behaviour :

Unknown

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

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

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: USD

Branch Situation:Stable

 

 

IDENTIFICATION

 

Legal Name:

Hamilton Metal Recycling Ltd

 

 

Legal Address

4915 Bathurst St. Suite 209, Toronto, On, Canada, M2R 1X9 (Not verified)

Operative Address

4915 Bathurst St. Suite 209, Toronto, On, Canada, M2R 1X9 (Not verified)

Telephone:

+1 647 997 6394

ID :

NA

Fax:

+1 647 997 6394

Legal Form:

Limited Company

Email:

NA

Registered in:

Canada

Website:

NA

Date Created:

NA

Manager:

MR. Veeraj Tokas

Date Incorporated:

NA

Staff:

NA

Stock:

NA

 

 

Value:

NA

Activity:

NA

 

 

BUSINESS

 

PRINCIPAL ACTIVITY

 

Dear client,

 

Your order was on:

Hamilton Metal Recycling Ltd

4915 Bathurst St Suite 209 Totonto, On M2R 1Xp

 

We did not find the company registered in the Canadian Chamber of Commerce.

 

For the company requested, we did not find any payment experience, nor could we find any trade reference.

 

A search on the address returned no results, even though there are some listings in yellow pages which point the company as headquartered at: 4915 Bathurst St. Suite 209, Toronto, On, Canada, M2R 1X9, but there's no further information about this matter and we were not able to verify it.

 

We called the telephone number provided, +1 647 997 6394, and reached Mr. Veeraj Tokas' voicemain. We left him a couple of messages which kept unanswered as of today.

 

We cannot establish any reliable line of business.

 

There's no further information on the subject company.

 

Rating

 

 

Local credit bureau did not rate this company.

 

 

 

 Final Opinion

 

 

For the company requested, we cannot establish any reliable line of business.

 

We called the telephone number provided, and only reached a voicemail in which we left a couple of messages. They kept unanswered as of today.

 

We could not find any payment experience.

 

We were not able to reach any member from the staff.

 

We could not verify the information gathered.

 

Please, provide us with a telephone number in which we could actually contact somebody.

 

Despite our long searches, we could not reach the company.

 

 




FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.25

UK Pound

1

Rs.77.45

Euro

1

Rs.64.89

 

 

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.