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Report No. : |
341855 |
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Report Date : |
21.09.2015 |
IDENTIFICATION DETAILS
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Name : |
ELMAU & ASSOCIATES TRADING CO. LTD |
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Registered Office : |
9850 Rue Meilleur, Montreal, Quebec H3L 3J4 |
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Country : |
Canada |
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Date of Incorporation : |
30.06.1981 |
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Legal Form : |
Federal Corporation – Profit |
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Line of Business : |
Importer and wholesaler of family clothing. |
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No. of Employee : |
50 |
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 |
COMPAGNIE DE
COMMERCE ELMAY & ASSOCIES LTEE (in French)
ELMAU & ASSOCIATES
TRADING CO. LTD. (in english)
Address: 9850 Rue Meilleur, Montreal, Quebec
H3L 3J4 - Canada
Telephone: +1 514-385-5568
Fax: +1 514-385-5570
Website: www.sogoshirts.com
Corporate ID#: 1168932
State: Federal
Judicial form: Federal Corporation –
Profit
Date incorporated: 06-30-1981
Stock: -
Value: -
Name of manager: Elie
SALEH
Business:
Elmau & Associates Trading Co. Ltd. is an experienced importer and
wholesaler of family clothing.
Elmau currently holds licenses for sports and entertainment properties such
as Disney, Canada Football League,
NHLPA, Team Canada, Universal Pictures, Dreamworks, Cartoon Networks, Major
League Soccer, Toc Toc Toc – Telefiction, 1,2,3..Geant among others.
The Company is also using the registered business names ACTIVUS SPORT,
ELMAU, and SOGO.
Foreign suppliers
include:
KEVIN INDUSTRIAL CO.,LTD
1F NO.44 LANE 97 SEC.1 XINSHENG S.ROAD., TAIPEI TAIWAN
Staff: 50
Operations & branches:
At the headquarters, we
find the corporate office.
Shareholders:
4423038 CANADA INC.
9850 Rue Meilleur, Montreal, Quebec H3L 3J4
Management:
Elie SALEH, President
Nathan SALEH, Vice President
Nathalie SALEH, Treasurer
Marguerite SALEH, Secretary
As far as we know, he is they are in the parent Company.
Subsidiaries
And partnership: None
In Canada, privately held
corporations are not required to publish any financials.
On a direct call, a
financial assistant controlled the present report.
Sales declared for year
2014 is in the range of CAD 12,000,000+
The business is profitable.
Banks: HSBC Bank
…
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary : None