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Report No. : |
339306 |
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Report Date : |
03.09.2015 |
IDENTIFICATION DETAILS
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Name : |
WHITEWATER WEST INDUSTRIES LTD. |
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Registered Office : |
6700 Mc Millan Way, Richmond, British Columbia V6W 1J7 |
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Country : |
Canada |
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Date of Incorporation : |
1980 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
· Designs, manufactures, and builds waterpark attractions. It offers waterslides, interactives, waves and rivers, and flowriders. · The company also provides prime plays, such as hopkins rides, family entertainment centers, family adventure parks, park attractions, and playgrounds. |
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No. of Employee : |
200 |
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 : |
Slow but correct |
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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, 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: WHITEWATER WEST INDUSTRIES LTD.
Address: 6700 Mc Millan Way, Richmond,
British Columbia V6W 1J7
Canada
Telephone: +1
604-273-1068
Fax: +1 604-273-4518
Website: www.whitewaterwest.com
Corporate ID#: BC-0000398274
State: British Columbia
Judicial form: Corporation – Profit
Date incorporated: 12-17-1990
Date founded: 1980
Stock: -
Value: -
Name of manager: Geoffrey
CHUTTER
Business:
Whitewater West Industries Ltd. designs, manufactures, and builds
waterpark attractions.
It offers waterslides, interactives, waves and rivers, and flowriders.
The company also provides prime plays, such as hopkins rides, family
entertainment centers, family adventure parks, park attractions, and
playgrounds.
In addition, it offers park planning, engineering, manufacturing,
project management, and after sales and services.
The company serves waterparks, parks and recreation facilities, resorts,
amusement parks, and cruise ships.
Whitewater West Industries Ltd. was founded in 1980 and is based in
Richmond, Canada.
The company maintains additional offices in California, Colorado,
Florida, Ohio, Virginia, Australia, China, Egypt, France, Korea, New Zealand,
Russia, Spain, Thailand, the United Arab Emirates, and the United Kingdom.
In 2041, the Company exported 90% of its production.
Suppliers include:
Ningbo Zhong Lian Steel Structure Co., Ltd.
5th Floor, No. 438,
Zhu Jiang Nan Road, Beilun, Ningbo, Zhejiang, China 315800
Staff: 200
Operations & branches:
At the headquarters, we
find a large factory, warehouse and office, owned.
Shareholders:
This is a private Company.
Management:
Geoffrey CHUTTLER is the President, Director and CEO
Maxwell DICKOFF is Controller.
Subsidiaries
And partnership:
Hopkins Rides LLC
4239 SW High Meadows Avenue
Palm City, FL 34990 - USA
In Canada, privately held corporations are not required to publish any
financials.
On a direct call, a financial assistant controlled the present report
but deferred any financials.
We sent a fax but no answer received.
However, sales estimate for year 2014 is in the range of CAD 40,000,000=
(same as 2013).
The business is profitable.
Banks: Scotia Bank
Royal Bank of Canada
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts
summary:
None