|
Report No. : |
312765 |
|
Report Date : |
19.03.2015 |
IDENTIFICATION DETAILS
|
Name : |
EMPIREWAYS INC. |
|
|
|
|
Registered Office : |
201 Millway Avenue, Ste 12, Concord, Ontario L4K 5K8 |
|
|
|
|
Country : |
Canada |
|
|
|
|
Date of Incorporation : |
04.04.1997 |
|
|
|
|
Legal Form : |
Corporation – Profit |
|
|
|
|
Line of Business : |
Engaged as Importer and wholesaler
of textiles [NOTE: We tried to confirm / obtain the detailed activity but the same is not available from any sources.] |
|
|
|
|
No of Employees : |
02 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
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) |
|
Canada |
a1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
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: EMPIREWAYS INC.
Reg. office: 201 Millway Avenue, Ste 12, Concord,
Ontario L4K 5K8
Canada
Telephone: +1
905-593-2610 (not in service)
Mailing address: 180 Oakdale Road, North York, Ontario
M3N 2S5 - Canada
Telephone: +1
416-740-2330 (disconnected)
Fax: ----
Website: www.empireways.com (not in service)
Corporate ID#: 1231614
State: Ontario
Judicial form: Corporation – Profit
Date incorporated: 04-04-1997
Name of manager: Hussain
ABID
Business:
Engaged as Importer and wholesaler
of textiles.
Foreign suppliers
include:
YUNUS TEXTILE MILLS LIMITED
H-23/1 LANDHI INDUSTRIAL AREA KARACHI-75120, PAKISTAN
Staff: 2
Operations & branches:
The company was not found
that business at both locations.
Unknown also at:
361 Applewood Crescent
Concord, Ontario L4K
Shareholders:
This is an ABID family
owned and managed company.
Management:
Hussain ABID is the President and Director.
Sahida ABID is Director and Officer.
As far as we know, they are not involved in other local corporations.
In Canada, privately held
corporations are not required to publish any financials.
No financials available.
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None