MIRA INFORM REPORT
|
Report Date : |
24.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
JUNGBUNZLAUER CANADA INC |
|
|
|
|
Registered Office : |
1555 Elm St, Port Colborne, ON L3K 5V5 |
|
|
|
|
Country : |
Canada |
|
|
|
|
Year of Establishment : |
2000 |
|
|
|
|
Legal Form : |
Corporation for Profit |
|
|
|
|
Line of Business : |
Subject produces natural and nature-identical biodegradable
ingredients |
|
|
|
|
No. of Employees
: |
15 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 30,000 |
|
Status : |
Moderate |
|
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 – September 30th, 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 |
|
POLITICAL DATA |
ECONOMIC DATA |
|
Form of Government: Federal
|
Currency: 100.00
CAD = 100.238 USD |
|
Legal Name: |
Jungbunzlauer Canada Inc |
||
|
|
|
||
|
Legal Address |
1555 Elm St Port Colborne, ON L3K 5V5, Canada |
||
|
Operative Address |
1555 Elm St Port Colborne, ON L3K 5V5, Canada |
||
|
Telephone: |
+1 905-835-5444 |
ID : |
NA |
|
Fax: |
+1 905-835-0061 |
Legal Form: |
Corporation for Profit |
|
Email: |
Registered in: |
Canada |
|
|
Website: |
Date Created: |
2000 |
|
|
Manager: |
Sharon Grant, Manager |
Date Incorporated: |
NA |
|
Staff: |
15 |
Stock: |
NA |
|
|
|
Value: |
NA |
|
Activity: |
Jungbunzlauer AG produces natural and nature-identical biodegradable
ingredients. |
||
|
Name of the Bank |
Royal Bank of Canada |
|
PRINCIPAL ACTIVITY |
|
|
|
Jungbunzlauer AG produces natural and nature-identical biodegradable
ingredients. |
|
Products/Services description: |
|
|
|
The company offers citric acid, xanthan gum, gluconates, specialties,
special salts, and sweeteners for food, beverage, pharmaceuticals, cosmetic,
personal care, cleaners and detergents, and other industrial applications. |
|
Sales are: |
|
|
|
Wholesale |
|
Clients: |
|
|
|
Professionals of the industry |
|
Suppliers: |
|
|
|
We could not reach any representative who could provide us with the
suppliers' names. |
|
Operations area: |
|
|
|
National, International, Local |
|
The subject employs 15 employee(s) |
|
|
PAYMENTS |
|
|
|
regular |
|
LOCATION |
|
|
Headquarters |
|
|
|
The company is headquartered at: 1555 Elm St Port Colborne, ON L3K 5V5, Canada |
|
Branches: |
|
|
|
It has no branch locations |
|
Listed at the stock exchange: |
|
|
|
NO |
|
Shareholders Parent Company(ies): |
|
|
|
This is a private company. Its ultimate parent company is
Jungbunzlauer Suisse AG. Postfach St. Albanvorstadt 90 Basel, 4002 Switzerland Phone: 41 61 295 51 00 Fax: 41 61 295 52 90 |
|
Management: |
|
|
|
Sharon Grant, Manager |
|
As a private company the subject does not publish any financial
statements. |
|
We have reached the company's voicemail in which we left a message.
Nobody has called us back yet. |
|
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. |
|
Currency |
DATE |
|
CAD |
2010 |
|
Turnover |
2,135,000 |
|
The cash flow is |
Normal |
|
Legal Fillings |
|
The
sources consulted record no detrimental legal or labor court information. |
|
Local credit bureau gave a correct 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 small sized Canadian company
which employs 15 people. It has 12 years of experience in the
market. The sources consulted record no
detrimental legal or labor court information. It is a subsidiary of Jungbunzlauer Suisse
AG, from Switzerland. It produces natural and nature-identical
biodegradable ingredients and it has international relations. The income per employee is pretty fair for
the company's size. At this time, we suggest a credit line of
USD 30,000.- |
|
|
|
||
|
Profitability |
N.A. |
Public |
NO |
|
Indebtedness |
N.A. |
Payments |
REGULAR |
|
Cash |
NORMAL |
|
|
|
Comments |
|
|
|
We have reached the company's voicemail in which we left a message.
Nobody has called us back yet. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.25 |
|
UK Pound |
1 |
Rs.77.19 |
|
Euro |
1 |
Rs.65.29 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.