MIRA INFORM REPORT

 

 

Report Date :

18.06.2012

 

IDENTIFICATION DETAILS

 

Name :

ATLAS GRAHAM INDUSTRIES CO LTD

 

 

Registered Office :

1725 Sargent Avenue Winnipeg, MB R3C 3R3

 

 

Country :

Canada

 

 

Year of Establishment :

1941

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

Manufacturer and Supplier of manual cleaning solutions.

 

 

No. of Employees :

80

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

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: USD

Branch Situation:Stable

 

 

IDENTIFICATION

 

Legal Name:

Atlas Graham Industries Co Ltd

Trade Name:

ATLAS GRAHAM

Legal Address

1725 Sargent Avenue Winnipeg, MB R3C 3R3, Canada

 

Operative Address

1725 Sargent Avenue Winnipeg, MB R3C 3R3, Canada

Telephone:

800-665-8670 / (204) 775-4451

Registration Number :

N.A.

Fax:

800-665-1257 / (204) 775-6148

Legal Form:

Corporation for Profit

Email:

agi_info@mts.net

Registered in:

CANADA

Website:

www.ag.ca

Date Created:

1941

Manager:

James Graham - President

Date Incorporated:

1970

Staff:

80

Stock:

N.A.

 

 

Value:

N.A.

Activity:

Manufacturer and Supplier of manual cleaning solutions.

 

 

BANKS

 

Name of the Bank

ROYAL BANK OF CANADA

 

BUSINESS

HISTORY

 

Atlas Graham Industries Co Ltd was created as Atlas Brush Limited in 1941.

PRINCIPAL ACTIVITY

 

Atlas-Graham strives to be the leading Canadian manufacturer and supplier of manual cleaning solutions to the professional market, by providing its customers with innovative, high quality, cost-effective and environmentally responsible products, coupled with professional and excellent customer service.

Products/Services description:

 

Their products include:

Automotive

Cleaning

Brushing

Carpet Cleaning

Dry Mopping

Dusting & Wiping

Floor Finishing

Floor Wiping

Food Hygiene

Food Preparation

PuraSolutions Hygienic Cleaning

Scraping & Scouring

Sweeping

Wall Washing   

Washroom Cleaning      

Wet Mopping

Window Cleaning

Sales are:

 

Wholesale

Clients:

 

Companies and public in general

Suppliers:

 

Ningbo Lisi Import & Export Co., Ltd.

28th Floor, Lisi Building, No.787 Baizhang East Road, Ningbo, Zhejiang, China, 315040

 

Daego Co., Ltd.

No 35 Tongqing Str Dalian China

Operations area:

 

National, International, Local

The company imports from China

The company exports to worldwide deppending on the demand

The subject employs 80 employees

PAYMENTS

 

regular

LOCATION

Headquarters

 

ATLAS GRAHAM INDUSTRIES is headquartered at:

1725 Sargent Ave

Winnipeg, MB R3H 0C5, Canada

 

 

The property is:

 

Owned

Branches:

 

BRITISH COLUMBIA

Atlas Graham Industries Co. Ltd

34963 Edgeview Place, Abbostford, BC     V2S 7R8

Phone: 1-604-996-7268

Fax: 1-604-854-8180

Email: sgander@dkbmarketing.ca

 

ALBERTA

Atlas Graham Industries Co. Ltd.

14 Westview Drive, Lacombe, Alberta    T4L 1R6

Phone: 1-403-861-1176

Fax: 1-403-254-4765

Email: dbenoit@dkbmarketing.ca

 

MANITOBA / SASK / THUNDER BAY

Atlas Graham Industries Co. Ltd.

1725 Sargent Avenue, Winnipeg, MB    R3H 0C5

Phone: 1-204-775-4451

Fax: 1-204-775-6148

Email: daniel.pagani@ag.ca

 

 

ONTARIO

Ontario Corporate Office

Atlas Graham Industries Co. Ltd.

Unit 34, 5730 Coopers Avenue, Mississauga, ON L4Z 2E9

Phone: 1-905-501-0083

Fax: 1-905-501-7634

Email: john.martin@ag.ca

 

ONTARIO

Atlas Graham Industries Co. Ltd.

1380 Danforth Avenue, Toronto, ON    M4J 1M9

Phone: 1-416-466-7200

Fax: 1-416-466-7869

Email: mmedland@medlandsales.com

Email: cbradley@medlandsales.com

Email: sking@medlandsales.com

 

QUEBEC

Atlas Graham Industries Co. Ltd.

Montreal, QC,

Phone: 1-514-297-0444

Fax: 1-450-420-2280

Email: jean-francois.garneau@ag.ca

 

 

ATLANTIC CANADA

Atlas Graham Industries Co. Ltd.

23 Silence Court, Moncton, NB     E1A 0A3

Phone: 1-506-852-6108

Fax: 1-506-382-8392

Email: rick@visionclean.ca

 

 

Shareholders - Manager - Related Companies

 

Listed at the stock exchange:

 

NO

Shareholders Parent Company(ies):

 

This is a familiar held company and its major shareholder is JAMES GRAHAM.

Management:

 

Mr. James Graham - President

 



Financials - COMMERCIAL TRENDS AND FORECAST

 

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

We have contacted Mr. James who refused to provide us any financial data on grounds of confidentiality.

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

33,000,000

 

The cash flow is

Normal

 

 

 

Currency

DATE

USD

2008

Turnover

10,100,000

The cash flow is

NORMAL



Comments on the financial data: We could not get any financial information from the company, however our financial sources provided some data.


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

 

Atlas Graham Industries Co Ltd known as ATLAS GRAHAM, has 71 years of experience in the cleaning solutions market since created as Atlas Brush Limited, they currently operate with 80 employees and with multiple locations around Canada. They import some of the materials and also export around the world according with the demand.

 

We did not find negative information or legal record against the company and based on our research and the data collected.

 

 

SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

 

Profitability

N.A.

Public

NO

 

Indebtedness

N.A.

Payments

REGULAR

 

Cash

NORMAL

 

 

 

 

 

APPENDIX

 

Person Interviewed

 

Mr. James

Comments

 

He confirmed us some of the information but refused to provide further data for this report.

 


 

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.