MIRA INFORM REPORT

 

 

Report No. :

490090

Report Date :

06.02.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

GROUPE BOYZ INC.

 

 

Registered Office :

9394 boul. du Golf Montréal (Québec) H1J3A1

 

 

Country :

Canada

 

 

Date of Incorporation :

1998

 

 

Legal Form :

Joint stock company or company

 

 

Line of Business :

Subject is dedicated to the manufacturing of girls and childrens outerwear.

 

 

No. of Employees :

50

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

A

 

Credit Rating

Explanation

Rating Comments

A

Acceptable Risk

Business dealings permissible with moderate risk of default

 

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

 

Country Name

Previous Rating

(30.06.2017)

Current Rating

(30.09.2017)

Canada

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 

 

CANADA - ECONOMIC OVERVIEW

 

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. Canada has a large oil and natural gas sector with the majority of crude oil production derived from oil sands in the western provinces, especially Alberta. Canada now ranks third in the world in proved oil reserves behind Venezuela and Saudi Arabia and is the world’s sixth-largest oil producer.

The 1989 Canada-US Free Trade Agreement and the 1994 North American Free Trade Agreement (which includes Mexico) dramatically increased trade and economic integration between the US and Canada. Canada and the US enjoy the world’s most comprehensive and highly balanced bilateral trade and investment relationship, with merchandise trade of $544 billion in 2016, services trade of over $80 billion, and two-way investment stocks of nearly $700 billion. Over three-fourths of Canada’s exports are destined for the US each year. Canada is the largest foreign supplier of energy to the US, including oil, natural gas, and electric power, and a top source of US uranium imports.

Given its abundant natural resources, highly skilled labor force, and modern capital stock, Canada enjoyed solid economic growth from 1993 through 2007. The global economic crisis of 2007-08 moved the Canadian economy into sharp recession by late 2008, and Ottawa posted its first fiscal deficit in 2009 after 12 years of surplus. Canada's major banks 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. Since the fall in world oil prices in 2014, Canada has achieved modest economic growth.

 

Source : CIA

 

STATUTORY INFORMATION      

 

Legal Name:

GROUPE BOYZ INC.

Trade Name:

BOYZ

ID:

1170603808   

Date Created:

1998

Date Incorporated:

29/12/2014

Legal Address:

9394 boul. du Golf
Montréal (Québec) H1J3A1
Canada

Operative Address:

9404 Boul Du Golf

Anjou, QC, H1J 3A1

Canada

Telephone:

514-858-6160

Fax:

514-858-5166

Legal Form:

Société par actions ou compagnie

Email:

NA

Registered in:

QUEBEC

Website:

www.boyzco.com

Contact:

Dessureault Yanick

Staff:

50

Industry:

NAICS 1: Women’s, Girls’, and Infants’ Cut and Sew Apparel Manufacturing

NAICS 2: Men’s and Boys’ Cut and Sew Apparel Manufacturing

SIC 1: Girl's And Children's Outerwear, Nec

SIC 2: Men's And Boys' Sportswear And Athletic Clothing

 

 

Banks

Royal Bank of Canada

 

The company does not disclose its banking details

 

 

HISTORY

 

 

The company was established in 1998

 

 

PRINCIPAL ACTIVITY

 

 

The Company's is dedicated to the manufacturing of girls and childrens outerwear.

Products/Services description:

Outerwear for babys, adolescent, enfant,  adulte, woman and men

Brands:

BADBONES (TM)   2014-12-29   
BE LIVE (TM)   2014-12-29   
BE-LIVE (TM)   2014-12-29  
BELIVE FREE (TM)   2014-12-29   
BE-LIVE SPORTSWEAR (TM)   2014-12-29  
BLUE ICON (TM)   2014-12-29  
BOXERS BOYZ   2014-12-29  
BOYZ (TM)   2014-12-29   
CÉSAR & ROSALIE (TM)   2014-12-29   
COLLINI (TM)   2014-12-29  
COLTECH (TM)   2014-12-29   
DOS AMIGOS (TM)   2014-12-29  
DOS XTREME (TM)   2014-12-29  
DRIDUX (TM)   2014-12-29  
ÉGLANTINE & CAPUCINE (TM)   2014-12-29   
JUPA (TM)   2014-12-29  
JUPA SPORTS (TM)   2014-12-29   
PERFORMANCE OUTFITTERS (TM)   2014-12-29   
ROUPILLON (TM)   2014-12-29  
SATIN DOLLS (TM)   2014-12-29  
SONTINA (TM)   2014-12-29  
TOPHER (TM)   2014-12-29   
XMTN (TM)   2014-12-29

Sales are:

Wholeslae

Clients:

Particulars

Suppliers:

HAINING SINOLINE EXP. & IMP. CO.

China

 

Synergetic Asia Corp. Ltd.

Hong Kong

 

XIAMEN YANGYITEX GARMENT CO., LTD.

China

Operations area:

National

The company imports from

China

The company exports to

No export records

The subject employs

50 employees

Payments:

No Complaints

 

 

LOCATION

 

Headquarters :

9404 Boul Du Golf

Anjou, QC, H1J 3A1

Canada

Branches:

The company has no branches

Related Companies:

NA

Competitors

Swim & Fitness Shop, The
Brimz Group Inc
Vtements De Sport Nexen Inc

 

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

 

Listed at the stock exchange:

NO

Capital:

NA

Shareholders:

The company is a subsidiary of:

Corporation A.U.B. Inc.
9394 boul. du Golf Montréal (Québec)
H1J3A1 Canada

Management:

Dessureault Yanick

Vice-president

Address 1101-2815 av. of the Cosmodome Laval (Quebec) H7T0K5 Canada

 

Croteau Danika

President

Address 963 Nelligan Street Repentigny, Quebec J5Y2V3 Canada

 

Labrecque Denis

Administrator

Address 3145 Talbot Street Trois-Rivières, Quebec G8Y2J3 Canada

 

Glenisson Chantal

Administrator

Address 2941 de l'Écu Street Montreal, Quebec H4R3N2 Canada

 

Croteau Isabelle

Administrator

Address 171 De Musset Street Saint-Jean-sur-Richelieu, Quebec J2W1S6 Canada

 

Robert Jonathan

Secretary Treasurer

Address 1 Place de Ronchamp Lorraine, Quebec J6Z3K5 Canada

 

Emery Frederic

Administrator

Address 1580 René-Gagnier Street Trois-Rivières (Quebec) G9C0A5 Canada

 

 

FINANCIAL INFORMATION

 

The company does not public its financial statements. Thw following information has been provided by our private sources:

 

 

USD 2016

 

Revenue

9 968 000

Cash Flow

Normal

 

 

 

 

LEGAL FILINGS

 

 

 

Lawsuits

Nada Fashion Designs Inc v Groupe Boyz Inc, 2011 TMOB 155 (CanLII) — 2011-09-02

Trade-marks Opposition Board — Canada (Federal)

trade-mark — ground of opposition — application for registration — wares — mark

 

 

Ordinary merger QUÉBEC : Act Corporations (RLRQ, C. S-31.1) 2015-01-01 INVESTISSEMENTS CARRIER-SAUVÉ INC.
9394 boul. du Golf Montréal (Québec) H1J3A1 Canada 1170529722

1170603808
GROUPE BOYZ INC.
9394 boul. du Golf Montréal (Québec) H1J3A1 Canada 1147430905

 

 

Trademarks

BOYZ II MEN
Serial Number85346821
Registration Number4313723
Word MarkBOYZ II MEN
Status700 - Registered
Status Date2013-04-02
Filing Date2011-06-15
Registration Number4313723
Registration Date2013-04-02
Mark Drawing5000 - Illustration: Drawing with word(s)/letter(s)/number(s) in Stylized form Typeset
Published for Opposition Date2012-06-05
Attorney NameLori S. Kozak
Law Office Assigned Location CodeM50
Employee NameKHAN, ASMAT A

BOYZ II MEN
Musical sound recordings; CDs and DVDs featuring music and musical performances; downloadable musical sound recordings
Owned by: MSM Music Group, inc.
Serial Number: 85346821

 

 

 

SUMMARY

 

 

Founded in 1998, Groupe Boyz Inc is a mid-sized company in the children and infants outerwear wholesale manufacturers industry located in Montreal, Canada.

 

It has 50 full-time employees and generates an $9.9 million in annual revenue.


The company serves children, baby, adults. It also operates in the national area, importing products from China.


Groupe Boyz Inc  is a subsidiary of Corporation A.U.B. Inc.

 

The company is ACTIVE without negative records.

 

RISK INFORMATION

 

 

 

DEBTS

Controlled

PAYMENTS

No Complaints

CASH FLOW

Normal

STATUS

ACTIVE

 

 

INTERVIEW

 

NAME

Kim  

POSITION

Sales

COMMENTS

The person contacted confirmed address, name, experience, activity, imports and estimated sales.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 64.03

UK Pound

1

INR 90.40

Euro

1

INR 79.73

CAD

1

INR 51.27

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

NIS

 

 

Report Prepared by :

TRU

 

 

RATING EXPLANATIONS

 

Credit Rating

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

A+

Low Risk

Business dealings permissible with low risk of default

A

Acceptable Risk

Business dealings permissible with moderate risk of default

B

Medium Risk

Business dealings permissible on a regular monitoring basis

C

Medium High Risk

Business dealings permissible preferably on secured basis

D

High Risk

Business dealing not recommended or on secured terms only

NB

New Business

No recommendation can be done due to business in infancy stage

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)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.