MIRA INFORM REPORT
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Report Date : |
10.07.2013 |
IDENTIFICATION DETAILS
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Name : |
LIPTON G. SALES LTD |
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Registered Office : |
160 Bradwick Drive, Unit 30, Concord, Ontario L4K 1K8 |
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Country : |
Canada |
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Date of Incorporation : |
31.07.1998 |
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Legal Form : |
Limited |
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Line of Business : |
The
Company is doing business as a closeout and liquidator. |
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No. of Employees : |
2 |
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 : |
Small Company |
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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 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 and address
LND SALES
This is an assumed name registered in Ontario on 07-22-2011, under
ID# ON-0210791547 and owned by:
Company name: LIPTON G. SALES LTD
Address: 160 Bradwick Drive, Unit 30,
Concord, Ontario L4K 1K8
Canada
Telephone: +1 905-669-9700
Fax: +1 905-669-9701
Website: --
Corporate ID#: ON-0001308379
State: Ontario
Judicial form: Limited
Date incorporated:
07-31-1998
Stock: -
Value: -
Name of manager: Gary
LIPTON
ACTIVITIES &
OPERATIONS
Business:
The Company is doing
business as a closeout and liquidator.
LND SALES is a registered assumed name.
No name of foreign suppliers.
Staff: 2
Operations & branches:
At the headquarters, we
find a store, on lease.
SHAREHOLDERS & MANAGERS
Shareholders:
Gary LIPTON is the owner.
Management:
Gary LIPTON is the Manager.
As far as we know, he is not involved in other local corporations.
Subsidiaries
And partnership: None
FINANCIALS
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 300,000=
The business is said to be
profitable.
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Banks: State Bank Of India (Canada) |
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Suite 1600, 200 Bay Street, Royal
Bank Plaza, North Tower, Toronto, Ontario M5J
2J2 Ph: +1 416-865-0414 |
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LEGAL FILINGS
Legal filings & complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None