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Report Date : |
02.10.2013 |
IDENTIFICATION DETAILS
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Name : |
COLUMBIA SEED CO. LIMITED |
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Registered Office : |
409 2nd Avenue South, Box 80, Vauxhall, Alberta T0K 2K0 |
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Country : |
Canada |
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Date of Incorporation : |
14.02.1986 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
· Subject is in charge of production and sales of quality seed peas for the United Kingdom, Asia, and Europe · Subject processes specialty legumes and some cover crop seed (vining peas, garden peas) for breeding companies and seed houses as well as peas, beans, chickpeas and mustard for human consumption |
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No. of Employees : |
06 |
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 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: COLUMBIA SEED CO. LIMITED
Address: 409 2nd Avenue South, Box
80, Vauxhall, Alberta T0K 2K0
Canada
Telephone: +1
403-654-2158
Fax: +1 403-654-4238
Website: www.columbiaseed.ca
Corporate ID#: AB-2012587271
State: Alberta
Judicial form: Corporation – Profit
Date incorporated: August 1,
2006
Date founded: February 14, 1986
Stock: -
Value: -
Name of manager: -
History:
A former COLUMBIA SEED CO.
LIMITED was incorporated on 02-14-1986 under
ID# AB-0203437454, merged into the new company on 08-01-2006.
Business:
The Company is in charge of production and sales of quality seed peas
for the United Kingdom, Asia, and Europe. It processes specialty legumes and
some cover crop seed (vining peas, garden peas) for breeding companies and seed
houses as well as peas, beans, chickpeas and mustard for human consumption.
Staff: 6
Operations & branches:
At the headquarters, we
find the corporate office, on lease.
Shareholders:
- Jörg KLEMPNAUER
- Petra KLEMPNAUER
Management:
Jörg KLEMPNAUER is the President, Director and CEO
Petra KLEMPNAUER is the office Manager.
As far as we know, they are 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, nobody
accepted to answer our questions.
We sent a fax but no answer
received.
However, sales estimate for
year 2012 is in the range of CAD 1,100,000=
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