MIRA INFORM REPORT

 

 

Report Date :

18.01.2012

 

IDENTIFICATION DETAILS

 

Name :

FRESH & HEALTHY BRANDS LLC

 

 

Registered Office :

4170 Still Creek Drive, Suite 200, Burnaby, BC V5C 6C6

 

 

Country :

Canada

 

 

Year of Establishment :

1997

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

It provides dining choices that offer healthy alternatives to fast food

 

 

No. of Employees :

Not Available

 

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 80,000

Status :

Moderate

Payment Behaviour :

Unknown

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

 

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

 

POLITICAL DATA

ECONOMIC DATA

Form of Government: Federal


Economic Risk: Nil

Currency: 100.00 USD = 101.983 CAD


Branch Situation:Stable

 

 

IDENTIFICATION

 

Ordered as:

FRESH AND HEALTHY BRANDS

Address in the order:

4170 Still Creek Drive Suite 200 Burnaby BC V5C 6C6

 

 

Legal Name:

FRESH & HEALTHY BRANDS LLC

 

 

Legal Address

4170 Still Creek Drive, Suite 200

Burnaby, BC V5C 6C6, Canada

Operative Address

4170 Still Creek Drive, Suite 200

Burnaby, BC V5C 6C6, Canada

Telephone:

+1 604.918.5076

ID :

NA

Fax:

+1 778.298.5318

Legal Form:

Limited Liability Company

Email:

info@freshandhealthybrands.com

Registered in:

Canada

Website:

www.freshandhealthybrands.com

Date Created:

1997

Manager:

Chad Parker, CEO

Date Incorporated:

NA

Staff:

NA

Stock:

NA

 

 

Value:

NA

Activity:

It provides dining choices that offer healthy alternatives to fast food.

 

 

 

 

 

 

BUSINESS

 

HISTORY

 

The company was founded in 1997.

PRINCIPAL ACTIVITY

 

It provides dining choices that offer healthy alternatives to fast food.

Products/Services description:

 

With franchises operating in 24 countries, Fresh & Healthy’s four distinct concepts – Yo-Good, Juice Zone, Pure Health and Go-Grill – are leading the way in creating fresh, tasty meals, beverages and snacks.

 

At the same time, Fresh & Healthy continues to create new franchise opportunities for sharp business people who want to take advantage of the global trend toward healthy eating.

Sales are:

 

Retail

Brands:

 

Yo-Good, Juice Zone, Pure Health and Go-Grill

Clients:

 

General clientele

Suppliers:

 

We copuld not reach any member from the staff who could provide us with the suppliers' names.

Operations area:

 

National, International, Local

PAYMENTS

 

Unknown

LOCATION

Headquarters

 

The company is headquartered at: 4170 Still Creek Drive, Suite 200 Burnaby, BC V5C 6C6, Canada

Branches:

 

The company has several locations in Canada and the US, as well as in Europe and Asia.

 

Shareholders - Manager - Related

Companies

 

Listed at the stock exchange:

 

NO

Shareholders Parent Company(ies):

 

This is a private company. Mr Chad Parker, Founder and CEO, is the main shareholder.

Management:

 

Chad Parker, Founder and CEO

Jose Luis Esquivel, Director of International Development

Katerina Magac, Operations Manager, USA and Canada

Monica Vallejo, Creative Director and Graphic Designer

Cole Parker, Franchise Development Manager for Canada and USA

Niall Lawler, European Franchise Development Manager

 

 

 

Financials - COMMERCIAL TRENDS AND FORECAST

 

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

 

We have contacted the company but we were only able to reach its voicemail in which we left a message. It kept unanswered as of today.

 

 

Comments on the financial data: At this time, the financial figures for 2010 were not released to our sources

.

 

Legal Fillings

 

 

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

 


Rating

 

Local credit bureau gave a normal 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 Canadian company which has 14 years of experience in the market.

 

It offers dining choices that offer healthy alternatives to fast food and it has international presence.

 

It is very well known in the market.

 

There were no legal filings found against the company or its legal representatives.

 

The subject is developing well.

 

At this time, we suggest a credit line of USD 80,000 and a review in 6 months to check the company's evolution and length of payment.

 


SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

Profitability

N.A.

Public

NO

Indebtedness

N.A.

Payments

Unknown

Cash

N.A.

 

 

 

 

 

APPENDIX

 

Comments

 

We have contacted the company but we were only able to reach its voicemail in which we left a message. It kept unanswered as of today.

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.51.06

UK Pound

1

Rs.78.48

Euro

1

Rs.64.99

 

 

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.