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Report No. : |
320344 |
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Report Date : |
02.05.2015 |
IDENTIFICATION DETAILS
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Name : |
INDUSTRIAL EQUIPMENT SERVICES |
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Registered Office : |
4307 Whitehorn Drive N.E., Calgary, Alberta T1Y 5R3 |
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Country : |
Canada |
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Date of Incorporation : |
24.01.2006 |
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Legal Form : |
Not Available |
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Line of Business : |
The Company exports
petroleum equipment. |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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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 – December 31, 2014
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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 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. 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: INDUSTRIAL EQUIPMENT SERVICES
Address: 4307 Whitehorn Drive N.E., Calgary,
Alberta T1Y 5R3 – Canada
Telephone: +
1 403-569-8411
Fax: -
Website: -
Corporate ID#: TN12180428
State: Alberta
Judicial form: Trade Name
Date incorporated: 01-24-2006
Stock: -
Value: -
Name of manager: Hussain
AKHTAR
Business:
The Company exports petroleum equipment.
A major customer is:
OIL & GAS DEVELOPMENT CO LTD
PLOT NO.21 WEST WHARF ROAD, KARACHI, PAKISTAN
Staff: None
Operations & branches:
The Company is unknown at
above address.
Shareholders:
Hussain AKHTAR
172 Saddlecrest Gdns NE
Calgary, Alberta T3J 0C3
Ph: +1 403-569-8411
Management:
Hussain AKHTAR
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 nobody answered.
We sent a mail and will let
you know if we receive an answer.
Banks: N/A
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts
summary:
None