|
Report Date : |
24.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
ARTEX BARN
SOLUTIONS LTD. |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
11.01.2008 |
|
|
|
|
Legal Form : |
Corporation – Profit |
|
|
|
|
Line of Business : |
· Engaged as an inventor and manufacturer of the Original Free Stall “Comfort Zone”™. Subject
products are designed to reduce
Animal Stress by providing a barn environment that is as close to the pasture as possible. Subject products ranges include Self-Locks, Gates, Calf
Zone, Aqua Dump, Comfort Zone, Ventilation & lighting |
|
|
|
|
No of Employees : |
06 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
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 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Canada |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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 high 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 merchandise exports each year. Canada
is the US's largest foreign supplier of energy, including oil, gas, uranium,
and electric power. Given its abundant 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 2010-13
and plans to balance the budget by 2015. In addition, the country's petroleum
sector is rapidly expanding, because Alberta's oil sands significantly boosted
Canada's proven oil reserves. Canada now ranks third in the world in proved oil
reserves behind Saudi Arabia and Venezuela.
|
Source
: CIA |
Company name: ARTEX
BARN SOLUTIONS LTD.
Head Office Mailing Address P.O. Box 4111, Sumas Way RPO, Abbotsford, BC, Canada V2S 8R1
Physical Address: 1356 Sumas Way, Abbotsford, British
Columbia V2S 8H2 –
Canada
Telephone: +1
604-870-1000
Fax: +1 604-870-1034 / 5
Website: www.artexbarnsolutions.com
Corporate ID#: BC-0000813440
State: British Columbia
Judicial form: Corporation – Profit
Date incorporated: January
11, 2008
Name of manager: John
de JONGE
Business:
Artex Barn Solutions is the inventor and manufacturer of the original
free stall “Comfort Zone”™.
Since 1975 Artex, along with its Business and University partners, have
studied cow comfort in the pasture to determine cow natural environment and
translated that into cow comfort in the barn environment.
As a result, Artex’s “Comfort Zone”™ products are designed to reduce
animal stress by providing a barn environment that is as close to the pasture
as possible.
Other products include self-locks, gates, calf
zone, aqua dump, comfort zone, Ventilation & lighting
Suppliers include:
EAST ROCK LIMITED
ROOM 1508, BUILDING C, FOCUS SQUARE NO.6 FU TONG DONG DA JIE,WANG JING,
BEIJING 100102 CHINA
Staff: 6
Operations & branches:
At the headquarters, we
find a small factory and office.
Shareholders:
John de JONGE is one
shareholder.
Management:
John de JONGE is the
President and CEO
Graduate in 1989 from Old College,
Alberta, with a Degree in Agricultural Mechanic.
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
accepted to answer our questions.
We sent a fax but no answer
received.
However, sales estimate for
year 2013 is in the range of CAD 1,000,000=
(same as 2012)
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