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Report No. : |
307758 |
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Report Date : |
19.02.2015 |
IDENTIFICATION DETAILS
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Name : |
NEW CENTURY PRODUCE INC. |
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Registered Office : |
3785 Schubert Rd RR 4, Armstrong, British Columbia V0E 1B4 |
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Country : |
Canada |
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Date of Incorporation : |
24.10.2002 |
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Legal Form : |
Corporation – Profit |
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LINE OF BUSINESS : |
SUBJECT
IS A PROVIDER OF FRUITS AND VEGETABLES RETAIL PRODUCTS AND SERVICES. |
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No. of Employees : |
6 |
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
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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.
|
Source
: CIA |
Company name: NEW CENTURY PRODUCE INC.
Address: 3785 Schubert Rd RR 4,
Armstrong, British Columbia V0E 1B4
Canada
Mailing address: PO Box
123, Armstrong, British Columbia V0E 1B4 - Canada
Telephone: +1
250-546-0499
Fax: +1 250-546-2880
Website: www.newcenturyproduce.com
Corporate ID#: BC-0000656980
State: British Columbia
Judicial form: Corporation – Profit
Date incorporated: 10-24-2002
Stock: -
Value: -
Name of manager: Dennis
KONTOS
Business:
New Century Produce Inc. is a provider of fruits and vegetables retail products
and services in Armstrong, British Columbia.
Foreign suppliers
include:
TROPICALFRUIT EXPORT S.A.
AV. DL ROTARISMO S/N Y MIGUEL ASPIACARBO. GUAYAQUIL - ECUADOR
SAPTHSATHI ORGANIC AGRICULTURE PROJECT
414, ONAM PLAZA, OLD PALASIA, A B ROAD, OLD PALASIA, INDORE, MADHYA
PRADESH 452001, INDIA
Staff: 6
Operations & branches:
At the headquarters, we
find a warehouse and office.
Shareholders:
This is a private company.
Management:
Dennis KONTOS is the
President, CEO and Secretary.
Patricia McDONALD is
Treasurer.
As far as we know, they are not involved in other local corporations.
Subsidiaries and
partnership:
None
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 the range of CAD 1,000,000=
The business is said to be profitable.
Banks: CIBC
2550 Pleasant Valley
Blvd, Armstrong, British Columbia V0E 1B0
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts
summary:
None