MIRA INFORM REPORT

 

 

Report Date :

18.06.2012

 

IDENTIFICATION DETAILS

 

Name :

ALIMENTS MEDAILLON INC (ORDERED AS ALIMENT MEDALIAN)

 

 

Registered Office :

1262 Rue Sainte Mathieu Montreal Qc H3h 2h8 Canada 4833191 4833191

 

 

Country :

Canada

 

 

Year of Establishment :

1985

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

Food brokers.

 

 

No. of Employees :

8

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

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 – 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: 100.00 CAD = 97.7188 USD

Branch Situation:Stable

 

 

IDENTIFICATION

 

Legal Name:

Aliments Medaillon Inc (ordered as Aliment Medalian)

 

 

Legal Address

1262 Rue Sainte Mathieu Montreal Qc H3h 2h8 Canada 4833191 4833191

Operative Address

1262 Rue Sainte Mathieu Montreal Qc H3h 2h8 Canada 4833191 4833191

Telephone:

+1 (514) 483-2733

 :

N/A

Fax:

N/A

Legal Form:

Corporation for Profit

Email:

N/A

Registered in:

Canada

Website:

N/A

Date Created:

1985

Manager:

Philip Hirst - President

Date Incorporated:

N/A

Staff:

8

Stock:

N/A

 

 

Value:

N/A

Activity:

Food brokers.

 

 

BANKS

 

Name of the Bank

Royal Bank of Canada

 

BUSINESS

 

HISTORY

 

Aliments Medaillon Inc is a private company,created in 1985 and located in Montreal, Qebec, Canada.

PRINCIPAL ACTIVITY

 

Wholesale grocers.

Products/Services description:

 

The company offers foods and beverages from differtent countries.

Sales are:

 

Wholesale

Clients:

 

Laso S.A.

Parque Industrial Pilar

Pilar (1629) - Pcia. de Buenos Aires - Repϊblica Argentina

Suppliers:

 

Danyang Day Bright Foods CO. LTD.

No.19 Yunyang Road Developing Area. Danyang,jiangsu,china Zhenjiang Js, China

Operations area:

 

International

The company imports from Europe, Asia, Australia, Central America and South Amιrica.

The company exports to USA

PAYMENTS

 

regular

LOCATION

Headquarters

 

1262 Rue Sainte Mathieu Montreal Qc H3h 2h8 Canada 4833191 4833191

 




Shareholders - Manager - Related Companies

 

Listed at the stock exchange:

 

NO

Shareholders Parent Company(ies):

 

Philip Hirst is the main shareholder of the company.

Management:

 

Philip Hirst - President

Related Companies:

 

Aliment Medallon Food Inc.

1262 St.mathieu,montreal, Quebec,Canada H3h 2hb.

 



Financials - COMMERCIAL TRENDS AND FORECAST

 

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

We have contacted Mr Philip Hirst (President) who refused to provide us any financial data without knowing the name of the inquiring party.

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

 

USD

2011

 

Turnover

3,000,000

 

The cash flow is

Normal

 

 




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

 

Aliments Medaillon Inc is a private company, created in 1985 and located in Montreal, Qebec, Canada.

 

It is a wholesaler company, which specializes in the importation of food and beverages from different regions such as Europe, Asia, Australia, Central America and South Amιrica. Moreover, the company exports this goods mainly to USA.

 

Mr. Philip Hirst is the main shareholder and president of the company.

 

In addition to this,  its turover  is correct according to the financial information obteined.



SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

 

Profitability

CORRECT

Public

NO

 

Indebtedness

N.A.

Payments

N.A.

 

Cash

N.A.

 

 

 

 

 

APPENDIX

 

Person Interviewed

 

Mr. Philip Hirst

Position

 

President

Comments

 

The person interviewed refused to provided the information requested without knowing the name of the inquiring party.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.76

UK Pound

1

Rs.86.69

Euro

1

Rs.70.44

 

 

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.