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Report Date : |
22.11.2014 |
IDENTIFICATION DETAILS
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Name : |
AMERELLA OF CANADA LTD. |
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Registered Office : |
5703 Rue Ferrier, |
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Country : |
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Date of Incorporation : |
01.07.1991 |
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Legal Form : |
Federal Corporation – Profit |
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Line of Business : |
The Company is importer and wholesaler of clothing. |
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No of Employees : |
180 |
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
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
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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 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.
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Source
: CIA |
AMERELLA CANADA LTEE (in French)
AMERELLA OF CANADA LTD. (in English)
5703 Rue Ferrier, Mont Royal, Quebec H4P 1N3 – Canada
Telephone: +1 514-683-9511
Fax: +1 514-583-1192
Website: www.amerella.com
Corporate ID#: 7900929
State: Federal
Judicial form: Federal Corporation – Profit
Date incorporated: July
1, 2011
Date founded: July
1, 1991
Stock: -
Value: -
Name of
manager: Carlos SCHUSTER
History:
Business issued
from the merger of:
- AMERELLA
CANADA LTEE
(Federal ID# 7880081)
- GROUPE DE VETEMENTS REDSTONE INC.
(Federal ID# 2904951)
Business:
The Company is importer and wholesaler of clothing.
Brands include WILSON, WEST COAST CONNECTION, IB EXCHANGE,
ISPO…
Foreign
suppliers include:
ZHEJIANG ZEC IMPORT AND EXPORT CO. LTD
10 F ZHEJIANG ECONOMIC COOPERATION ZEC BUILDING 208 CHAOWANG
RD HANGZHOU CHINA
Staff: 180
At the
headquarters, we find a large warehouse and office, owned.
The Company
maintains a branch located:
7000 Pine Valley Drive, Suite 200
Woodbridge, Ontario L4L 4Y8 – Canada
Tel: (905)
850-3555
Fax: (905) 850-3560
Shareholders:
1st shareholder: (+50%)
89718 CANADA LTEE
5703 Rue Ferrier, Mont Royal, Quebec H4P 1N3
Management:
Carlos SCHUSTER, President
Leonard OSTEN, Isaac SCHUSTER, Jaime MERBAUL, Vice President
Albert SCHUSTER, Secretary and Treasurer
As far as we know, they are involved in the parent company.
Subsidiaries
And
partnership: None
In Canada, privately
held corporations are not required to publish any financials.
On a direct
call, a sales assistant controlled the present report.
Sales declared
for year 2013 is in the range of CAD 35,000,000=
The business is
said to be profitable.
Scotia Bank
…
Legal filings & complaints:
As of today date, there is no legal filing pending with the
Courts.
Secured debts summary:
None