MIRA INFORM REPORT

 

 

Report Date :

24.05.2012

 

IDENTIFICATION DETAILS

 

Name :

S & A CANADA INC

 

 

Registered Office :

150 Mclevin Ave, Ste 800, Scarborough, ON M1B 4Z7

 

 

Country :

Canada

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Private Independent Company

 

 

Line of Business :

wholesale distribution of chemicals and allied products

 

 

No. of Employees :

07

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 400000

 

 

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

 

 


Company name & address 

 

S & A Canada Inc

150 Mclevin Ave

Ste 800

Scarborough, ON M1B 4Z7

Canada

Tel:       416-439-5257

 

 

Synthesis

 

Employees:                  7

Company Type:            Private Independent      

Financials in:                 USD (Millions)

Reporting Currency:       Canadian Dollar

Annual Sales:                9.3

Total Assets:                NA

 

 

Business Description     

 

Establishments primarily engaged in the wholesale distribution of chemicals and allied products, not elsewhere classified, such as acids, industrial and heavy chemicals, dyestuffs, industrial salts, rosin, and turpentine.

 

Industry             

Industry            Chemical Manufacturing

ANZSIC 2006:    3323 - Industrial and Agricultural Chemical Product Wholesaling

NACE 2002:      5155 - Wholesale of chemical products

NAICS 2002:     424690 - Other Chemical and Allied Products Merchant Wholesalers

UK SIC 2003:    5155 - Wholesale of chemical products

US SIC 1987:    5169 - Chemicals and Allied Products, Not Elsewhere Classified

 

           

Key Executives   

 

Name                           Title    

Mahmood Iqb Mkahara   Manager

 


 

News

 

Title

Date

PrestaShop Partners with Shipwire to Create Dynamic Shipping and Inventory Management Solutions
PR Web (403 Words)

17-May-2012

Canada-wide arrest warrant issued for man wanted in Cape Breton robbery
Associated Press (66 Words)

11-May-2012

Canada-wide arrest warrant issued for man wanted in Cape Breton robbery
Canadian Press DataFile (66 Words)

11-May-2012

Diwali Goes Digital
GlobeNewswire (482 Words)

26-Oct-2011

Franchise Giveaway to Offer Business Ownership Opportunity to 100 U.S. Military Veterans
Defense & Aerospace Week (368 Words)

6-Jul-2011

           

 

 

ABI Number: 038381463

 

1 - Profit & Loss Item Exchange Rate: USD 1 = CAD 0.9879405

2 - Balance Sheet Item Exchange Rate: USD 1 = CAD 1.01735

 

 

Corporate Overview

 

Location

150 Mclevin Ave

Ste 800

Scarborough, ON, M1B 4Z7

Canada

Tel:       416-439-5257

           

Sales CAD(mil):             9.2

Assets CAD(mil):           NA

Employees:                   7

Industry:                        Chemical Manufacturing

Company Type:             Private Independent

Quoted Status:              Not Quoted

Manager:                       Mahmood Iqb Mkahara

 

Contents

Industry Codes

Business Description

Financial Data

Additional Information

 


Industry Codes

 

ANZSIC 2006 Codes:

3323     -          Industrial and Agricultural Chemical Product Wholesaling

 

NACE 2002 Codes:

5155     -          Wholesale of chemical products

 

NAICS 2002 Codes:

424690  -          Other Chemical and Allied Products Merchant Wholesalers

 

US SIC 1987:

5169     -          Chemicals and Allied Products, Not Elsewhere Classified

 

UK SIC 2003:

5155     -          Wholesale of chemical products

 

Business Description

Establishments primarily engaged in the wholesale distribution of chemicals and allied products, not elsewhere classified, such as acids, industrial and heavy chemicals, dyestuffs, industrial salts, rosin, and turpentine.

 

 

Financial Data

Financials in:

CAD(mil)

 

Revenue:

9.2

1 Year Growth

NA

Additional Infomation

ABI Number:

038381463

 

 

 

 

 

Credit Report as of 12/01/2011

 

Location

150 Mclevin Ave Ste:800
Scarborough, ON M1B 4Z7
Canada

 

County:

Toronto Metropolitan

 

Phone:

416-439-5257

 

ABI©:

038381463

 

Annual Sales:

$9,220,000 (CAD)

Employees:

7

 

 

Business Type:

Private

Location Type:

Single Location

Primary Line of Business:

SIC:

5169-16 - Chemicals (Whls)

NAICS:

424690 - Other Chemical Merchant Whols

 

 

Executive report

 

Executives

 

Name

Title

Function

 

Mahmood Iqb Mkahara

 

Manager

Other

 

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.93

UK Pound

1

Rs.88.15.

Euro

1

Rs.70.88

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.