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Report Date : |
30.03.2012 |
IDENTIFICATION DETAILS
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Name : |
JHL INTERNATIONAL TRADING CO LTD. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
Not Available |
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Legal Form : |
Limited Company |
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Line of Business : |
Home Furnishing. |
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No. of Employees : |
4 |
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 : |
Unknown |
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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 – September 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Canada |
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: USD |
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Ordered as: |
JHL International Trading Co Ltd. |
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Address in the order: |
4150 Mcconnell Drive, Burnaby, British Columbia, V5A 3Y9, Canada. |
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Legal Name: |
JHL International Trading Co Ltd. |
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Legal Address |
4150 Mcconnell Drive, Burnaby, British Columbia, V5A 3Y9, Canada. |
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Operative Address |
4150 Mcconnell Drive, Burnaby, British Columbia, V5A 3Y9, Canada. |
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Telephone: |
+1 (604) 421-5520 |
ID: : |
N/A |
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Fax: |
+1 (604) 421-5540 |
Legal Form: |
Limited Company |
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Email: |
N/A |
Registered in: |
Canada |
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Website: |
N/A |
Date Created: |
N/A |
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Manager: |
Jixin Xu, Director |
Date Incorporated: |
N/A |
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Staff: |
4 (not verified) |
Stock: |
N/A |
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Value: |
N/A |
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Activity: |
Home Furnishing. |
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Name of the Bank |
Canadian Imperial Bank of Commerce, Trade Finance Centre Canada |
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BUSINESS
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PRINCIPAL ACTIVITY |
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Home Furnishing. |
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Sales are: |
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Wholesale |
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Clients: |
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General Public. |
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Suppliers: |
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Taicang Shumeite Home Textiles Co., (China) |
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Operations area: |
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Local |
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The company imports from China |
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The subject employs 4 (not verified) employee(s) |
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Comments on staff: |
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At this time, the number of employees was neither revealed nor
released to our sources. |
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PAYMENTS |
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Unknown |
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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 privately held company. Despite our long searches it has not
been possible to identify the shareholders. |
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Management: |
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- Jixin Xu, Director. |
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As a private company the subject does not publish any financial
statements. |
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Despite our efforts, we couldn´t contact the company for financial
information. |
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Comments on the financial data: The subject would have a revenue between
$500 000 to 1 million. |
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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
credit rate. |
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Final Opinion |
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This is a small sized company based in British Columbia, Canada. The company counts with around 4 employees. It was very difficult to get further information about the subject. We estimate that the company can bear a line of credit of USD 5 000. In addition, we suggest requesting a monitoring report within the next
6-9 months to evaluate 2011 final results. |
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Profitability |
N.A. |
Public |
NO |
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Indebtedness |
N.A. |
Payments |
N.A. |
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Cash |
N.A. |
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Comments |
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Despite our efforts, we couldn´t contact any representative from the
company to check pur data. |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.51.14 |
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1 |
Rs.81.41 |
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Euro |
1 |
Rs.68.22 |
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 |
-- |
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.