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Report No. : |
336455 |
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Report Date : |
17.08.2015 |
IDENTIFICATION DETAILS
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Name : |
PRAMPTEX AGARWAL TEXTILES INC. |
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Registered Office : |
C/o Rajiv Agarwal, 38 Corner Ridge Road, Aurora, Ontario L4G 6L |
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Country : |
Canada |
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Date of Incorporation : |
09.09.2003 |
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Legal Form : |
Federal Corporation – Profit |
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Line of Business : |
The Company is mainly trader in textiles. |
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No. of Employees : |
2 |
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 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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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, and electric power, and
a top source of US uranium imports. 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 early intervention by the Bank
of Canada and the financial sector's tradition of conservative lending
practices and strong capitalization. Canada achieved marginal growth in 2010-14
and plans to balance the budget by 2015 despite the recent drop in oil prices.
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 and
is the world’s fifth-largest oil producer.
|
Source
: CIA |
Company name: PRAMPTEX AGARWAL TEXTILES INC.
Address: C/o Rajiv AGARWAL
38
Corner Ridge Road, Aurora, Ontario L4G 6L2 - Canada
Telephone: +1
905-791-4293
Fax: -
Website: -
Corporate ID#: 4189493
State: Federal
Judicial form: Federal Corporation – Profit
Date incorporated: 09-09-2003
Stock: -
Value: -
Name of manager: Mamta
AGARWAL
Business:
The Company is mainly trader in textiles.
Foreign suppliers
include:
AARTEXX EXIMS PVT. LTD.
189 CEDAR CREST, NIRVANA COUNTRY, SECTOR-50 HARYANA GURGAON 122018 INDIA
Staff: 2
Operations & branches:
At the headquarters, we
find a private home.
Shareholders:
- Mamta AGARWAL
- Rajiv AGARWAL
Management:
Mamta AGARWAL, President
and Director
Rajiv AGARWAL, Secretary
and Treasurer
As far as we know, they are involved in other corporations, including:
8361142 CANADA INC.
38 Corner Ridge Road, Aurora, Ontario L4G 6L2 - Canada
Federal Corporation incorporated on 11-28-2012
ID# 8361142
In Canada, privately held
corporations are not required to publish any financials.
On a direct call, nobody was
available to answer our questions.
We sent a mail but no
answer received at this time.
However, sales estimate for
year 2014 is in the range of CAD 500,000=
Banks: Scotia Bank
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts
summary:
None