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Report Date : |
02.02.2013 |
IDENTIFICATION DETAILS
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Name : |
JO-RI INC. |
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Registered Office : |
469 Rue Jean Talon Ouest, Ste 306, Montreal, Quebec H3N 1R4 |
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Country : |
Canada |
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Date of Incorporation : |
05.06.1973 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
Importer and wholesaler of fabrics and notions. |
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No. of Employees : |
5 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
|
|
Without
Financials |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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
|
Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
|
Canada |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
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
and 2011 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
JO RI INCORPORATED
The correct name is:
Company name: JO-RI INC.
Address: 433 Rue Chabanel,
Montreal, Quebec H2N 2J3 – Canada
Moved to (several
years ago)
Headquarters: 469
Rue Jean Talon Ouest, Ste 306, Montreal, Quebec H3N 1R4
Canada
Telephone: +1
514-382-1074
Fax: +1 514-382-7266
Website: -
Corporate ID#: 1143722347
State: Quebec
Judicial form: Corporation – Profit
Date incorporated: June 5,
1973
Stock: -
Value: -
Name of manager: Joel SIMON
Business:
Importer and wholesaler of fabrics and notions.
No name of foreign suppliers available.
Staff: 5
Operations & branches:
At the headquarters, we
find the corporate office, on lease.
Shareholders:
Joel SIMON
905 Avenue Plymouth, Ste
512, Mont Royal, Quebec H4P 1B2
Management:
Joel SIMON is the President, Director and CEO
As far as we know, he is the President of:
9085-1328 QUEBEC INC.
469 Rue Jean Talon Ouest, Ste 306, Montreal, Quebec H3N 1R4
Incorporated in Quebec on 05-05-1965
ID# 1142754499
Wholesale fabrics
MYRON SIMON INC.
469 Rue Jean Talon Ouest, Ste 306, Montreal, Quebec H3N 1R4
Incorporated in Quebec on 08-03-1959
ID# 1142754390
Wholesale fabrics
In Canada, privately held
corporations are not required to publish any financials.
On a direct call, a sales
assistant controlled the present report but deferred any financials.
We sent a fax but no answer
received.
Sales declared for year
2011 is in the range of CAD 1,200,000=
The business is said to be
profitable.
Banks: Banque de Montreal
Montreal, Quebec
Legal filings & complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None