MIRA
INFORM REPORT
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Report Date : |
29.05.2012 |
IDENTIFICATION DETAILS
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Name : |
SHAH 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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Com. Reg. No.: |
Not Available |
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Legal Form : |
Private Independent Company |
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Line of Business : |
wholesale distribution of a general line of
groceries |
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No. of Employees : |
35 |
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 : |
Moderate |
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Payment Behaviour : |
No Complaints |
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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 |
Company name & address
Shah Trading Co LTD
Tel: 416-292-6927
Fax: 416-292-7932
Synthesis
Employees: 35
Company Type: Private
Independent
Financials in: USD (Millions)
Reporting Currency: Canadian
Dollar
Annual Sales: 53.0
Total Assets: NA
Business Description
Establishments primarily engaged in the wholesale distribution of a
general line of groceries.
Industry
Industry Food Processing
ANZSIC 2006: 3609 - Other
Grocery Wholesaling
NACE 2002: 5139 -
Non-specialised wholesale of food, beverages and tobacco
NAICS 2002: 424420 - Packaged
Frozen Food Merchant Wholesalers
UK SIC 2003: 5139 -
Non-specialised wholesale of food, beverages and tobacco
US SIC 1987: 5141 - Groceries,
General Line
Key Executives
Name Title
Kirit Shah Owner
ABI Number: 016026403
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
Tel: 416-292-6927
Fax: 416-292-7932
Sales CAD(mil): 52.4
Assets CAD(mil): NA
Employees: 35
Industry: Food
Processing
Company Type: Private
Independent
Quoted Status: Not Quoted
Owner: Kirit
Shah
Contents
Industry Codes
Business Description
Financial Data
Additional Information
Industry Codes
ANZSIC 2006 Codes:
3601 - General Line Grocery Wholesaling
3609 - Other Grocery Wholesaling
1199 - Other Food Product Manufacturing Not Elsewhere Classified
NACE 2002 Codes:
5139 - Non-specialised wholesale of food, beverages and tobacco
1589 - Manufacture of other food products not elsewhere classified
NAICS 2002 Codes:
311999 - All Other Miscellaneous Food Manufacturing
424420 - Packaged Frozen Food Merchant Wholesalers
424410 - General Line Grocery Merchant Wholesalers
US SIC 1987:
2099 - Food Preparations, Not Elsewhere Classified
5141 - Groceries, General Line
1589 - Manufacture of other food products not elsewhere classified
5139 - Non-specialised wholesale of food, beverages and tobacco
Business
Description
Establishments primarily engaged in the wholesale distribution of a
general line of groceries.
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Credit Report as of 12/01/2011
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Location |
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County: |
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Phone: |
416-292-6927 |
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Fax: |
416-292-7932 |
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ABI©: |
016026403 |
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Annual Sales: |
$52,362,000 (CAD) |
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Employees: |
35 |
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Business Type: |
Private |
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Location Type: |
Single Location |
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Primary Line of
Business: |
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SIC: |
5141-01 - Food Products (Whls) |
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NAICS: |
424420 - Packaged Frozen Food Merchant Whols |
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Secondary Lines
of Business: |
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SICs: |
2099-03 - Food Products & Manufacturers |
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5141-05 - Grocers-Wholesale |
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NAICS: |
424410 - General Line Grocery Merchant Whols |
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311999 - All Other Misc Food Mfg |
Executive report
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Executives |
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Owner |
Chief Executive Officer |
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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.55.26 |
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1 |
Rs.86.80 |
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Euro |
1 |
Rs.69.63 |
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.