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Report Date : |
23.07.2012 |
IDENTIFICATION DETAILS
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Correct Name : |
1187203 ONTARIO LTD (TRILLIUM INTERNATIONAL) |
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Registered Office : |
90 Esna Park Dr, Unit 8, Markham,
Ontario L3R 2R7 |
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Country : |
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Year of Establishment : |
1992 |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Limited Company |
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Line of Business : |
Wholesale Distributor of Rice |
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No. of Employees : |
03 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Small Company |
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Payment Behaviour : |
Slow |
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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
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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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 |
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Federal
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Currency: 100.00 CAD = 98.8341 USD |
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Legal Name: |
1187203 ONTARIO LTD (TRILLIUM INTERNATIONAL) |
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Trade Name: |
TRILLIUM INTERNATIONAL |
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Legal Address |
90 Esna Park Dr, Unit 8,
Markham, Ontario L3R 2R7, Canada. |
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Operative Address |
90 Esna Park Dr, Unit 8, Markham,
Ontario L3R 2R7, Canada. |
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Telephone: |
(905) 305-1006 // (877) 841-1644
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ID : |
N.A. |
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Fax: |
(905) 202-0926 |
Legal Form: |
Limited Company |
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Email: |
Registered in: |
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Website: |
Date Created: |
1992 |
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Manager: |
Vivek Dawar, President
& Board Member. |
Date Incorporated: |
N.A. |
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Staff: |
3 |
Stock: |
N.A. |
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Value: |
N.A. |
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Activity: |
Wholesale Distributor of Rice. |
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Name of the Bank |
Royal Bank of |
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HISTORY |
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The company was
established in 1992. |
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PRINCIPAL ACTIVITY |
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The company engages as a
wholesale distributor of rice. |
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Products/Services description: |
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Grain Rice, White Rice,
Red Rice, Instant Rice and Jasmine Rice. |
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Sales are: |
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Wholesale |
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Brands: |
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Gold, Star, Gopala, India
House, Deepak, Suraj, 727, Niru, Kissan, Indu, Captain Chef, Sundri, 649, Spring
Fields, Wishing Wells, Krishna. |
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Clients: |
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Markets, Supermarkets,
Restaurants, among others. |
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Suppliers: |
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*Jaishree Exp. ( |
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Operations area: |
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National |
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The company imports from |
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The company does not export |
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The subject employs 3
employee(s) |
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Comments on staff: |
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The figures were not been
disclosed by the company. They were conciliated with our private sources and
from a particular analysis of the company’s structure. |
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PAYMENTS |
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Regular. |
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LOCATION |
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Headquarters |
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The company is
headquartered at: |
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Comments on location: |
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Office Space. |
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Branches: |
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The company does not
report any branches. |
- 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. Our sources indicate that the company's main shareholder is Mr. Vivek
Dawar. However, we were not able to verify this information with the company.
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Management: |
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Vivek Dawar, President
& Board Member. |
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Related Companies: |
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The company is related to
its supplier from *Jaishree Exports 70 Kailash Hills, |
- COMMERCIAL TRENDS
AND FORECAST
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As a private company the
subject does not publish any financial statements. |
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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. |
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Comments on the financial data: Our financial sources indicates that the company's annual revenue is
in a range between CAD $500,000 to CAD $1,000,000. |
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Legal Fillings |
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The sources consulted record no detrimental legal or labor court
information. |
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Local credit bureau gave a The company is in Good Standing. This means that all local and federal
taxes were paid on due date. |
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Final Opinion |
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This is a small sized Canadian company which has been operating since
1992. The company is active and operational. Its business structure is small but seems to be established. It
operates an office space in It would be an owner-operated business and employs 3 people. The financial information indicates that it has a normal performance
in the market. |
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Profitability |
N.A. |
Public |
NO |
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Indebtedness |
N.A. |
Payments |
REGULAR |
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Cash |
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Person Interviewed |
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Mr. Vivek Dawar |
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Position |
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President & Board Member. |
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Comments |
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The contacted person
strongly refused to provide information without knowing the name of the
inquiring party. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.15 |
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1 |
Rs.86.58 |
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Euro |
1 |
Rs.67.60 |
INFORMATION DETAILS
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Report Prepared
by : |
MNL |
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 |
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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.