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Report No. : |
309374 |
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Report Date : |
02.03.2015 |
IDENTIFICATION DETAILS
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Name : |
GOGI INC. |
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Registered Office : |
1625 Chabane Ouest, Ste 480, Montreal, Quebec H4N 2S7 |
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Country : |
Canada |
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Date of Incorporation : |
07.06.2011 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
The Company is importer and wholesaler of
family clothing. |
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No. of Employee : |
1 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 – September 30, 2014
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Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
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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 |
Company name: GOGI
INC.
Address: 1625
Chabane Ouest, Ste 480, Montreal, Quebec H4N 2S7 – Canada
Telephone: +1
514 560 6116
Fax: +1
514 858 6118
Website: www.gogiinc.com
Corporate ID#: 1167433391
State: Quebec
Judicial form: Corporation
– Profit
Date incorporated: June 7, 2011
Stock: -
Value: -
Name of manager: Tayyab Ijaz SHEIKH
Business:
The Company is importer and wholesaler of
family clothing.
No name of foreign suppliers available.
Staff: 1
Operations & branches:
At the headquarters, we find the corporate office.
Shareholders:
Tayyab Ijaz SHEIKH is the owner.
He lives
370 Rue Legendre Ouest, Montreal, Quebec H2C 1H7
Management:
Tayyab Ijaz SHEIKH is the President, Director and CEO.
(no antecedents available)
As far as we know, he is not involved in
other local corporations.
Subsidiaries
And partnership: None
In Canada, privately held corporations are not required to publish any
financials.
We called but no answer.
We sent a fax and an email but no answer received.
No financials available.
Banks: n/a
Legal
filings & complaints:
As of today date, there is no legal filing
pending with the Courts.
Secured debts summary: None
Haut du formulaire
No trade reference available.
No domestic credit history.
Other comments:
The Company is in good standing.
This means that all local and federal taxes were paid on due date.
Last report was filed on 07-16-2014.
Our opinion:
Due to the lack of information, we are unable to estimate a risk.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.61.79 |
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1 |
Rs.95.42 |
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Euro |
1 |
Rs.69.29 |
INFORMATION DETAILS
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Analysis Done by
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DIV |
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Report Prepared
by : |
SDA |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome
financial difficulties seems comparatively below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
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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.