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Report Date : |
11.12.2013 |
IDENTIFICATION DETAILS
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Name : |
9226-3615 QUEBEC INC. |
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Registered Office : |
676 Rue Legendre Est, Montreal, Quebec H2M 1G6 |
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Country : |
Canada |
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Date of Incorporation : |
24.08.2010 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
The Company is doing business as GROUPE
MARBELLOUS. Importer and wholesaler natural stone and offer also a quarrying and
stone processing |
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No. of Employees : |
30 |
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 – March 31st, 2013
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Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
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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 a 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
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Source : CIA |
9226-3615 QUEBEC INC.
Reg. address: 676
Rue Legendre Est, Montreal, Quebec H2M 1G6 - Canada
Headquarters: 4205 Bd Poirier,
St-Laurent, Montreal, Quebec H4R 2A4
Canada
Telephone: +1
514-312-5565
Fax: +1
514-312-2554
Website: www.marbellous.com
Corporate ID#: 1166787664
State: Quebec
Judicial form: Corporation
– Profit
Date incorporated: 08-24-2010
Stock: -
Value: -
Name of manager: George BOYADJIAN
Business:
The Company is doing business as GROUPE
MARBELLOUS.
Importer and wholesaler natural stone and
offer also a quarrying and stone processing.
The Company imports mainly from South
America.
Staff: 30
Operations & branches:
At the headquarters, we find a large showroom, warehouse, factory and
office, owned.
Shareholders:
1st shareholder: (+50%)
Kalost MKRDEJYAN
4710 Rue Duclos, Laval, Quebec H7W 4X4 -
Canada
2nd shareholder:
George BOYADJIAN
676 Rue Legendre Est, Montreal, Quebec H2M
1G6 - Canada
Management:
George BOYADJIAN is the President, Director and CEO.
(no antecedents available)
As far as we know, he is not involved in
other local corporations.
Subsidiaries
And partnership: None
In Canada, privately held corporations are not required to publish any financials.
On a direct call, nobody was available to answer our questions.
We sent a fax but no answer received.
However, sales estimate for year 2012 is in the range of CAD
5/10,000,000=
The business is said to be profitable.
Banks: Banque de Montreal
…
Legal filings & complaints:
As of today date, there is no legal filing
pending with the Courts.
Secured debts summary (UCC): None
Haut du formulaire
Trade references:
Date reported: November 2013
High credit: USD 40,000
Now owing: 0
Past due: 0
Last purchase: October 2013
Line of business: Payroll
Paying status: As agreed
Date reported: November 2013
High credit: USD 600
Now owing: 0
Past due: 0
Last purchase: October 2013
Line of business: Telecommunications
Paying status: On terms
Domestic credit history:
National Credit Bureaus gave a satisfying credit rating.
According to our credit analysts, during the
last 6 months, domestic payments were made on due date.
International credit
history:
Payments of imports are currently made on
terms.
Other comments:
The Company maintains a regular business.
The Company is in good standing.
This means that all local and federal taxes were paid on due date.
Last report was filed on December 3, 2013.
The risk is low.
Our opinion:
A business connection may be conducted.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.61.20 |
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1 |
Rs.100.64 |
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Euro |
1 |
Rs.84.15 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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.