MIRA INFORM REPORT

 

 

Report Date :

05.07.2012

 

IDENTIFICATION DETAILS

 

Name :

ALBRIGHT LIGHTING LTD

 

 

 

 

Registered Office :

816 Cloverdale Ave Victoria, BC. VX8 2S8 CA

 

 

 

 

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 :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

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: CAD

Branch Situation:Stable

 

 

IDENTIFICATION

 

Legal Name:

Albright Lighting Ltd

 

 

Legal Address

816 Cloverdale Ave

Victoria, BC. VX8 2S8 CA

Operative Address

816 Cloverdale Ave

Victoria, BC. VX8 2S8 CA

Telephone:

250-475-1999

ID :

NA

Fax:

NA

Legal Form:

Limited Company

Email:

NA

Registered in:

Canada

Website:

NA

Date Created:

NA

Manager:

Ms. Carol

Date Incorporated:

NA

Staff:

NA

Stock:

NA

 

 

Value:

NA

Activity:

NA

 

 

BUSINESS

 

PRINCIPAL ACTIVITY

 

Dear client,

 

Your order was on:

Albright Lighting Ltd

Canada

 

We've found that the company is located at: 816 Cloverdale Ave Victoria, BC. VX8 2S8 CA, but we alos found 1371 Kebet Way., Port Coquitlam, BC. We were not able to check the last one.

 

We've found that it would provide lighting products.

 

We called the subject +1 250-475-1999 and reached a female representative by the name of Carol. We explained her the reason for our call but she refused to provide us any information and said they were not interested.

 

We've also found that it would have relations with Craftmade International, Inc.

 

For the company requested, there's not much reliable information.

 

We did not find any recent payment experience.



Rating

 

Local credit bureau gave a low credit rate.

 

 

 Final Opinion

 

This is a Canadian company, for which there's no much reliable information on its line of business.

 

We did not find any recent payment experience.

 

The staff was not cooperative at all.

 

Since this is a Limited company, no action could succeed against the owner's personal assets.

 

At this time, we strongly suggest working with GUARANTEES.

 

 

SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

 

Profitability

N.A.

Public

NO

 

Indebtedness

N.A.

Payments

N.A.

 

Cash

N.A.

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.54.55

UK Pound

1

Rs.85.48

Euro

1

Rs.68.70

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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.