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Report Date : |
25.04.2013 |
IDENTIFICATION DETAILS
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Name : |
NEOVA TECHNOLOGIES INC |
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Registered Office : |
31212 Peardonville Road Abbotsford, British Columbia V2T 6K8 |
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Country : |
Canada |
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Date of Incorporation : |
06.08.2003 |
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Legal Form : |
Corporation – Profit LLC |
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Line of Business : |
The Company manufactures
enzymes and proteins extracted from eggs. Products include inovapure
(Lysozyme), pancreatic enzymes, and ovoprducts. |
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No. of Employees : |
70 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory |
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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 – June 30th, 2012
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Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
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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 |
CANADA - ECONOMIC OVERVIEW
As an affluent, high-tech industrial society in the trillion-dollar
class, Canada resembles the US in its market-oriented economic system, pattern
of production, and affluent living standards. Since World War II, the
impressive growth of the manufacturing, mining, and service sectors has
transformed the nation from a largely rural economy into one primarily
industrial and urban. The 1989 US-Canada Free Trade Agreement (FTA) and the
1994 North American Free Trade Agreement (NAFTA) (which includes Mexico)
touched off a dramatic increase in trade and economic integration with the US
its principal trading partner. Canada enjoys a substantial trade surplus with
the US, which absorbs about three-fourths of Canadian exports each year. Canada
is the US's largest foreign supplier of energy, including oil, gas, uranium,
and electric power. Given its great natural resources, highly skilled labor
force, and modern capital plant, Canada enjoyed solid economic growth from 1993
through 2007. Buffeted by the global economic crisis, the economy dropped into
a sharp recession in the final months of 2008, and Ottawa posted its first
fiscal deficit in 2009 after 12 years of surplus. Canada's major banks,
however, emerged from the financial crisis of 2008-09 among the strongest in
the world, owing to the financial sector's tradition of conservative lending
practices and strong capitalization. Canada achieved marginal growth in 2010-12
and plans to balance the budget by 2015. In addition, the country's petroleum
sector is rapidly becoming an even larger economic driver with Alberta's oil
sands significantly boosting Canada's proven oil reserves, ranking the country
third in the world behind Saudi Arabia and Venezuela.
Source
: CIA
Company name: NEOVA TECHNOLOGIES INC
Address: 31212 Peardonville Road
Abbotsford, British Columbia V2T 6K8 – Canada
Telephone: +1 604-504-0695
Fax: +1 604-859-2679
Website: www.neovatech.com
Corporate ID#: BC-0000674738
State: British
Columbia
Judicial form: Corporation – Profit LLC
Date incorporated: August
6, 2003
Stock: -
Value: -
Name of manager: Huyk
YOON
Business:
The Company manufactures
enzymes and proteins extracted from eggs.
Products include inovapure
(Lysozyme), pancreatic enzymes, and ovoprducts.
Suppliers include:
AVIBEL DE MEXICO, S.A. DE C.V.
AV. PARQUE INDUSTRIAL NO. 330PARQUE INDUSTRIAL LOS ALTOS 47600 TEPATITLAN DE
MORELOS, JALISCO, MEXICO
PUROLITE (CHINA) LTD.
QIANYUAN TOWN, DEQING COUNTY, ZHEJIANG, CHINA 313216
Staff: 70
Operations & branches:
At the headquarters, we
find a laboratory and office, on lease.
Shareholders:
Huyk YOON is one
shareholder.
Management:
Huyk YOON is the President
and CEO
Katrina WALTER is
Secretary.
(no antecedents available)
Subsidiaries
And partnership:
NEOVA TECHNOLOGIES USA INC
6025 Portal Way
Ferndale, WA 98248
Incorporated in Washington
on December 3, 2007
ID# 602784659
In Canada, privately held
corporations are not required to publish any financials.
On a direct call, a
financial assistant controlled the present report but deferred any financials.
We sent a fax but no answer
received.
However, sales estimate for
year 2012 is in the range of CAD 9,000,000=
The business is said to be
profitable.
Banks: Scotia Bank
...
Legal filings & complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None