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Report No. : |
357329 |
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Report Date : |
30.12.2015 |
IDENTIFICATION DETAILS
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Name : |
TEX-PRO WESTERN LTD |
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Registered Office : |
828 Powell Street, Vancouver, British Columbia V6A 1H8 |
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Country : |
Canada |
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Date of Incorporation : |
23.02.1967 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
Subject is manufacturer, importer, wholesaler and distributor of
wholesale linen and related products to healthcare and hospitality industries.
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No. of Employee : |
35 |
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
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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.
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Source
: CIA |
Your order on: TEXPRO WESTERN LTD
The correct name is:
Company name: TEX-PRO WESTERN LTD
Address: 828 Powell Street, Vancouver, British Columbia
V6A 1H8
Canada
Telephone: +1
604-254-9551
Fax: +1 604-254-2550
Website: www.texpro.net
Corporate ID#: BC-0000073077
State: British Columbia
Judicial form: Corporation – Profit
Date incorporated: 02-23-1967
Stock: --
Value: --
Name of manager: Douglas
KEMP
Business:
The Company is manufacturer, importer, wholesaler and distributor of
wholesale linen and related products to healthcare and hospitality industries.
Exports to the U.S.
Suppliers include:
FAZA TEXTILE MILLS LTD
L A2 B BLCK 21 FEDERAL B AREA KRACHI PKISTAN
Staff: 35
Operations & branches:
At the headquarters, we
find a factory, warehouse and office, owned.
Shareholders:
This is a KEMP family owned
and managed company.
Management:
Douglas KEMP is the President, Director and CEO.
Glenda KEMP is Director.
As far as we know, they are involved in other corporations, including:
ARCHIBALD HOLGINGS LTD.
828 Powell Street, Vancouver, British Columbia V6A 1H8 - Canada
In Canada, privately held
corporations are not required to publish any financials.
On a direct call, a
Secretary controlled the present report but deferred any financials.
We sent a fax but no answer
received.
However, sales estimate for
year 2014 is in the range of CAD 6,000,000=
The business is profitable.
Banks: Scotia Bank
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None