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MIRA INFORM REPORT
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Report No. : |
501658 |
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Report Date : |
04.04.2018 |
IDENTIFICATION DETAILS
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Name : |
MODE ALIVE TRADING COMPANY LIMITED |
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Registered Office : |
34 Frederick Street, Port of Spain |
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Country : |
Trinidad and Tobago |
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Date of Incorporation : |
08.08.1997 |
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Legal Form : |
Limited company |
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Line of Business : |
Subject provides home decor goods |
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No. of Employees : |
35 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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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.
STATUTORY
INFORMATION
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Legal Name: |
MODE ALIVE TRADING COMPANY LIMITED |
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Trade
Names: |
Mode Alive Trading |
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ID: |
#102515 |
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Date Created: |
1997 |
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Date Incorporated: |
1997-08-08 |
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Legal Address: |
34 Frederick Street, Port of Spain Trinidad and Tobago |
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Operative Address: |
34 Frederick Street, Port of Spain Trinidad and Tobago |
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Telephone: |
+1 868 627-5483 |
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Fax: |
+1 868 627-5483 |
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Legal Form: |
LIMITED COMPANY |
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Email: |
morissa@modealive.com |
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Registered in: |
TRINIDAD AND TOBAGO |
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Website: |
www.modealive.com |
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Contact: |
Gary Aboud – Chief Executive Officer |
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Staff: |
35 |
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Activity: |
NAICS 1: Women's Clothing Stores SIC 1: Women's Clothing Stores |
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Banks: |
The company does not disclose its
banking details. |
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History: |
The company was founded in 1997. |
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PRINCIPAL
ACTIVITY
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Mode Alive Trading provides home decor
goods. |
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Products/Services description: |
The company offers Curtains, mats,
runners, wooden beds, kitchen accessories, bathroom mats, bamboo mats,
candles and picture frames. |
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Brands: |
The company does not have any brands of
its own. |
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Sales are: |
Retail |
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Clients: |
Private Customers |
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Suppliers: |
Coco Fibre Tex Dee Dee International Barotex Vietnam Export-Import Joint
Stock Company Calle Pintado Diego Emerito |
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Operations area: |
National |
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The company
imports from |
INDIA VIETNAM ECUADOR |
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The company exports to |
No export found. |
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The subject employs |
35 employees |
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Payments: |
No Complaints |
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LOCATION
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Headquarters : |
34 Frederick Street, Port of Spain Trinidad and Tobago |
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Comments on Address: |
- |
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Branches: |
Old Southern Main Road Curepe, Trinidad and Tobago |
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Related Companies: |
No related companies were found. |
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GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
The company does not disclose
information on shareholders. We were not able to confirm major holders. |
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Management: |
Gary Aboud – Chief Executive Officer |
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FINANCIAL
INFORMATION
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The company
does not make its financial statements public. Despite our
long search, we were not able to confirm financial figures for the subject. |
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LEGAL
FILINGS
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CASES |
No records found. |
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OFAC Sanctions List Search |
The company is not listed in the OFAC
list. |
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SUMMARY
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Founded in 1997, Mode Alive Trading
Company Limited is a mid-sized organization in the women's clothing stores
industry located in Port-Of-Spain, Trinidad & Tobago. It has approximately 35 full-time
employees. The company operates nationally, mainly
importing from India, Vietnam and Ecuador. It is ACTIVE in business with no
negative records. |
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RISK
INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
No Complaints |
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CASH FLOW |
Normal |
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STATUS |
Active |
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INTERVIEW
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NAME |
Candice |
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POSITION |
Assistant |
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COMMENTS |
She confirmed name, address, activity,
management and experience in the market. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 65.02 |
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1 |
INR 91.46 |
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Euro |
1 |
INR 80.09 |
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TTD |
1 |
INR 9.66 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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VAR |
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Report Prepared
by : |
TRU |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.