|
Report No. : |
337908 |
|
Report Date : |
02.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
G. T. WHOLESALE LIMITED |
|
|
|
|
Registered Office : |
2480 Walkley Road, Ottawa, Ontario K1G 6A9 |
|
|
|
|
Country : |
Canada |
|
|
|
|
Date of Incorporation : |
07.31.2007 |
|
|
|
|
Legal Form : |
Corporation – Profit |
|
|
|
|
Line of Business : |
Subject is importer and wholesaler clothing |
|
|
|
|
No. of Employee : |
170 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No complaints |
|
|
|
|
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
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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, 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.
|
Source
: CIA |
G. T. WHOLESALE
LIMITED
2480 Walkley Road, Ottawa, Ontario K1G 6A9 - Canada
Telephone: +1
613-521-8222
Fax: +1 613-521-4474
Website: -
Corporate ID#: ON-001728089
State: Ontario
Judicial form: Corporation – Profit
Date incorporated: 07-31-2007
Stock: -
Value: -
Gordon REID
History:
A former G. T. WHOLESALE
LIMITED was incorporated in Ontario on June 10, 1981 under ID# 000483096, merged
into the new company.
Business:
The Company is importer and wholesaler clothing.
Suppliers include:
PLANET PICKLES PRIVAGE LTD
62/3, GOTTIGERE VILLAGE, BANNERGHAT BANGALORE-560 083, INDIA
ANQIU YOUYI GARMENTS CO., LTD.
CHANGJIAZHUANG VILLAGE, JIAGE SUBDESTRICT OFFICE ANQIU CITY, SHANGDONG,
CHINA
Staff: 170
Operations & branches:
At the headquarters, we
find the corporate office and warehouse.
This is a REID family owned
and managed company.
Gordon REID is the President, Director and CEO.
Doug REID is a Manager
As far as we know, they are involved in other corporations, including:
- GIANT TIGER STORES LIMITED
- TORA WALKLEY LIMITED
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.
Outside sources (bank) gave
estimate sales for year 2014 in excess of
CAD 10,000,000+
The business is said to be
profitable.
Banks: HSBC Bank
…
Legal filings & complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None