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Report Date : |
22.11.2014 |
IDENTIFICATION DETAILS
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Name : |
NEW GLOBE TRDAING INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
15.09.2005 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
Subject sells granite and marble tomb stones and monuments. |
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No of Employees : |
3 |
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 – June 1, 2014
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Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
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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 |
As a high-tech industrial
society in the trillion-dollar class,
|
Source
: CIA |
Your order on: NEWGLOBE TRDAING INC.
The correct name is: NEW GLOBE
TRDAING INC.
Company name: NEW
GLOBE TRDAING INC.
Address: 825 McPherson Road, Oaville, Ontario
L6L 6S9 - Canada
Telephone: +1
905-887-2862
Fax: -
Email: newglobegraniteinc@yahoo.ca
Corporate ID#: 001664373
State:
Judicial form: Corporation – Profit
Date incorporated: 09-15-2005
Stock: -
Value: -
Name of manager: Maggie
WU
Business:
The Company sells granite and marble tomb stones and monuments.
Foreign suppliers include:
11F,
Staff: 3
Operations & branches:
At the headquarters, we
find a showroom and office, on lease.
Shareholders:
Ms. Maggie WU is a major
shareholder.
Management:
Ms. Maggie WU is the
President, Director and CEO.
As far as we know, she is not involved in other local corporations.
Subsidiaries
And partnership: None
In
On a direct call, Maggie WU
controlled the present report but deferred any financials.
We sent an email but no
answer received.
However, sales estimate for
year 2013 is in the range of CAD 800,000=
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
Trade references:
Date reported: October 2014
High credit: CAD 5,000
Now owing: 0
Past due: 0
Last purchase: September 2014
Line of business: Payroll
Paying status: As agreed
Date reported: October 2014
High credit: CAD 200
Now owing: 0
Past due: 0
Last purchase: September 2014
Line of business: Telecommunications
Paying status: On terms
Domestic credit history:
National Credit Bureaus
gave a satisfying credit rating.
According to our credit analysts, during the last 6 months, domestic
payments were made on due date.
International credit history:
Payments of imports are currently made on terms.
Other comments:
The Company maintains a
regular business.
The Company is in good
standing.
This means that all local
and federal taxes were paid on due date.
The risk is low.
Our opinion:
A business connection may
be conducted.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.61.85 |
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1 |
Rs.97.01 |
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Euro |
1 |
Rs.77.62 |
INFORMATION DETAILS
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Analysis Done by
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KAR |
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Report Prepared
by : |
SMN |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors and their relative weights (as
indicated through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.