|
Report No. : |
305610 |
|
Report Date : |
04.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
AGT CLIC FOODS INC |
|
|
|
|
Registered Office : |
2185 Avenue Francis-Hughes, Laval, Quebec H7S 1N5 |
|
|
|
|
Country : |
Canada |
|
|
|
|
Date of Incorporation : |
08.11.2013 |
|
|
|
|
Legal Form : |
Federal Corporation – Profit |
|
|
|
|
Line of Business : |
Subject is value-added processor, canner and exporter of quality food
products. |
|
|
|
|
No. of Employee : |
110 |
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.
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 |
AGT CLIC FOODS INC.
Address: 2185 Avenue Francis-Hughes, Laval, Quebec H7S
1N5 - Canada
Telephone: +1
450-669-2663
Fax: +1 450-667-6799
Website: www.agtclic.com
Corporate ID#: 8692190
State: Federal
Judicial form: Federal Corporation – Profit
Date incorporated: November
8, 2013
Stock: -
Value: -
Name of manager: Murad AL-KATIB
Business:
AGT CLIC FOODS INC. is a value-added processor, canner and exporter of
quality food products.
The Company offers a range of over 1,400 products, including pulses,
grains, rice, beverages, condiments, pasta, dairy products, dried fruit and
nuts, confectionery items, oils, vinegars, blossoms, frozen vegetables,
ready-to-eat meals, gourmet specialties and canned foods.
AGT CLIC products are available at grocery retailers across Canada and
in many parts of the United States.
Foreign suppliers
include:
EASTERN COMPANY FOR TRADE.
12 NADY EL MOALEMEEN STREET, ZAGAZI SHARKEA EG ISRAEL
BURAM GMBH
35 RHENANIASTR. BERLIN, BE 13599 GERMANY
Staff: 110
At the headquarters, we
find a warehouse and office.
The Company maintains branches located:
47 Racine Road, Unit #4,
Toronto, Ontario M9W 6B2
Tel: (416) 298 2366
Fax: (416) 298 3686
1127 Newmarket
Ottawa, Ontario K1B 4N4
Tel: (613) 749-5583
Fax: (613) 749-5124
ALLIANCE PULSE PROCESSORS INC.
2223 Place Russell
Regina, Saskatchewan S4V 2J4 – Canada
Which is a
subsidiary of:
AGT FOOD & INGREDIENTS INC.
Highway 1E
Regina, Saskatchewan S4N 7K9 – Canada
That business is listed with the Toronto Stock Exchange under symbol
AGT.
Sales 2013: CAD 1,139,000,000=
Murad AL-KATIB is the President, Director and CEO.
He serves as the Chief Executive Officer and President of Alliance Grain
Traders Inc.
Mr. Al-Katib is the Chief Executive Officer, Founder, President, and
Director at Alliance Pulse Processors Inc. Mr. Al-Katib served as Chairman of
the Board of Trustees of Alliance Grain Traders Inc., since January 2008 and
Trustee since August 1, 2007. In 2005, he was elected to Board of Directors of
the Canadian Special Crops Association ("CSCA") and Pulse Canada, the
national association for the pulses and specialty crops industry.
He served as the President of the CSCA and Vice Chair of Pulse Canada since
2006.
Also in 2006, he was appointed to the Advisory Board for Small and
Medium Enterprise for the Canadian Minister of International Trade, David
Emerson.
He has been a Director of Alliance Grain Traders Inc. since August 01,
2007. He served as a Trustee of Alliance Grain Traders Inc. since August 1,
2007.
In October 2004, Mr. Al-Katib was selected as the Prairie Regional
Winner of the Ernst and Young Emerging Entrepreneur of the year for 2004.
In May 2005, he was named one of Canada's Top 40 under 40 years old in
Canada by the Caldwell Partners and the Globe and Mail.
In 2006, Murad was awarded a Saskatchewan Centennial Medal as an
outstanding business leader by Saskatchewan's Lieutenant- Governor.
Mr. Al-Katib graduated from the University of Saskatchewan with a
Bachelor of Commerce with Distinction in Finance and finished his Master of
International Management with Distinction from the American Graduate School of
International Management (Thunderbird) in Arizona.
Gaetan BOURASSA is Secretary.
AGT CLIC FOODS USA INC
80 Newfield Ave Unit 3, Raritan Center, Edison, NJ 08837 – USA
Incorporated in New Jersey on January 2014
ID# 0101030688
Tel: (732) 225-2444
Fax: (732) 225-0655
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 2014 is in excess of CAD 10,000,000+
Scotia Bank
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Haut du formulaire
TRADE REFERENCES:
Date reported: December 2014
High credit: CAD 18,000
Now owing: 0
Past due: 0
Last purchase: November 2014
Line of business: Office supply
Paying status: On terms
Date reported: December 2014
High credit: CAD 150,000
Now owing: 0
Past due: 0
Last purchase: November 2014
Line of business: Payroll
Paying status: As agreed
Date reported: December 2014
High credit: CAD 800
Now owing: 0
Past due: 0
Last purchase: November 2014
Line of business: Telecommunications
Paying status: On terms
National Credit Bureaus
gave a satisfying credit rating.
According to our credit analysts, during the last 6 months, domestic
payments were made on terms.
Payments of imports are currently made on terms.
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.
Last report was filed on
01-28-2015.
The risk is low.
A business connection may
be conducted.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 61.74 |
|
|
1 |
Rs. 92.71 |
|
Euro |
1 |
Rs. 69.94 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
ASH |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
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.