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Report Date : |
11.06.2013 |
IDENTIFICATION DETAILS
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Name : |
RUKS ENGINEERING LTD |
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Registered Office : |
18 Automatic Road, Brampton, Ontario L6S 5N5 |
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Country : |
Canada |
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Date of Incorporation : |
09.03.1995 |
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` |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
Manufacturer of ozone generators for IAQ and air control systems. |
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No. of Employees : |
09 |
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 : |
Slow but Correct |
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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
|
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.
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Source : CIA |
Company name: RUKS ENGINEERING LTD
Address: 18 Automatic Road, Brampton, Ontario
L6S 5N5 - Canada
Telephone: +1
905-789-9652
Fax: +1 905-789-0381
Website: www.ruksend.com
Corporate ID#: ON-0001121873
State: Ontario
Judicial form: Corporation – Profit
Date incorporated: March 9,
1995
Stock: -
Value: -
Name of manager: Kris
KRISHNAN
Business:
The Company manufactures ozone generators for IAQ and air control
systems.
Products cater to air and water quality management, energy reduction,
and environment engineering related to HVAC and mechanical engineering
industries, in applications such as
- indoor air quality management and monitoring.
- water quality management.
The Company imports from Far East and exports to various countries.
Staff: 9
Operations & branches:
At the headquarters, we
find a factory, warehouse and office, owned.
Shareholders:
This is a private Company.
Management:
Kris KRISHNAN is the
President, Director and CEO.
As far as we know, he is not involved in other local corporations.
Subsidiaries
& Partnership:
None
In Canada, privately held
corporations are not required to publish any financials.
On a direct call, a
Secretary 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 1,200,000=
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