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Report No. : |
349475 |
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Report Date : |
20.11.2015 |
IDENTIFICATION DETAILS
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Name : |
ENVIRA-NORTH SYSTEMS LTD |
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Registered Office : |
92 Railway Street, Seaforth, Ontario N0K 1W0 |
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Country : |
Canada |
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Date of Incorporation : |
03.02.2003 |
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Legal Form : |
Corporation – Profit LLC |
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Line of Business : |
Designs, manufactures and sells an innovative commercial ventilation
systems |
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No. of Employee : |
40 |
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 – March 31, 2015
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Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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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, and electric power, and a top source of US uranium imports. 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 despite the recent drop in oil prices. 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 and is the world’s fifth-largest oil producer.
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Source
: CIA |
Company name: ENVIRA-NORTH SYSTEMS LTD
Address: 92 Railway
Street, Seaforth, Ontario N0K 1W0 - Canada
Telephone: +1
519-527-2198
Fax: +1 519-527-2560
Website: www.enviranorth.com
Corporate ID#: ON-002022054
State: Ontario
Judicial form: Corporation – Profit
LLC
Date incorporated: February
3, 2003
Stock: --
Value: --
Name of manager: Daniel LAMBERT
Business:
Envira-North Systems Ltd. designs,
manufactures and sells an innovative commercial ventilation systems on the
market today.
Envira-North Systems is Canada's largest supplier of industrial/commercial big ceiling
(destratification) fans and claim 75% of the Canadian market for
industrial/commercial destratification and ventilation fans.
Applications include hangars, warehouses,
hockey rinks, shopping malls, distribution centres, office buildings, dairy farms,
or any other facility with high ceilings.
Staff: 40
Operations & branches:
At the headquarters, we
find a factory, warehouse and office, owned.
Shareholders:
This is a private Company.
Management:
Daniel LAMBERT is the President, Director and CEO.
(no antecedents available)
As far as we know, he is involved in:
SUN-NORTH SYSTEMS LTD
92 Railway Street, Seaforth, Ontario N0K 1W0 - Canada
In Canada, privately held corporations
are not required to publish any financials.
On a direct call, a sales
assistant controlled the present report but deferred any financials.
We sent a fax but no answer
received.
Sales declared for year
2014 is in the range of CAD 4,000,000=
The business is said to be
profitable.
Banks: Scotia Bank
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None