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MIRA INFORM REPORT
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Report No. : |
513830.2 |
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Report Date : |
26.06.2018 |
IDENTIFICATION DETAILS
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Name : |
DIGITAL SIGN TECHNOLOGIES INCORPORATED |
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Registered Office : |
3585 Laird Rd Unit 8, Mississauga, ON, L5L 5Z8 |
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Country : |
Canada |
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Financials (as on) : |
2016 (Summarized) |
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Date of Incorporation : |
10.01.2000 |
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Legal Form : |
Corporation |
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Line of Business : |
Subject is dedicated to the wholesale of Photographic Equipment and
Supplies. |
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No. of Employees : |
10 |
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.
ECGC Country Risk Classification List
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Country Name |
Previous Rating (31.12.2017) |
Current Rating (01.04.2018) |
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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 Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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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 seventh-largest oil producer.
TThe 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 bilateral trade and investment relationship, with
goods and services trade totaling more than $680 billion in 2017, and two-way
investment stocks of more than $800 billion. Over three-fourths of Canada’s
merchandise 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.
Canada’s economy posted strong growth in 2017 at 3%, but most analysts are
projecting Canada’s economic growth will drop back closer to 2% in 2018.
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Source
: CIA |
STATUTORY
INFORMATION
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Order: |
DIGITAL SIGN TECHNOLOGIES INC |
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Address in the order: |
3585 LAIRD RD. UNIT 8, MISSISSAUGA ONTARIO L5L 5Z8 |
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Legal Name: |
DIGITAL SIGN TECHNOLOGIES INCORPORATED |
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Trade Names: |
DIGITAL SIGN TECHNOLOGIES SOLVENT CARTRIDGES |
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ID: |
001395495 |
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Date Created: |
2000 |
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Date Incorporated: |
2000-01-10 |
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Legal Address: |
3585 Laird Rd Unit 8 Mississauga, ON, L5L 5Z8
Canada |
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Operative Address: |
3585 Laird Rd Unit 8 Mississauga, ON, L5L 5Z8
Canada |
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Telephone: |
+1-905-820-8833 |
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Fax: |
+1-905-820-8768 |
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Legal Form: |
CORPORATION |
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Email: |
support@solventcartridges.com |
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Registered in: |
CANADA |
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Website: |
www.digitalsigntech.net |
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Contact: |
Vladimir Galentovsky - President & Board Member |
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Staff: |
10 |
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Activity: |
SIC Code 5043, Photographic Equipment and Supplies NAICS Code 423410, Photographic Equipment and Supplies Merchant
Wholesalers |
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Banks: |
The company does not disclose its banking details. |
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History: |
The company was founded in 2000. |
PRINCIPAL
ACTIVITY
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Digital Sign Technologies Inc. is dedicated to the wholesale of
Photographic Equipment and Supplies. |
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Products/Services description: |
Products: - Print Head Doctor inkjet print head recovery machines. - Ink cartridges with solvent and UV inks for most wide-format
printers. - Ink bags with solvent and UV inks. - Inline ink degassers for inkjet printers. - Bulk ink systems based on bottles and ink bags. - ChipCharger systems for resetting chips for wide format printers: Services: - Free large-format printer service in the Greater Toronto Area. |
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Brands: |
MIMAKI SEIKO ROLAND HP MUTOH |
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Sales are: |
Wholesale |
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Clients: |
Innovar 3 D Sas Copyplotsa De Cv Expomedios Sa. |
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Suppliers: |
NA |
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Operations area: |
National and International |
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The company exports to |
COLOMBIA MEXICO ECUADOR |
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The subject employs |
10 employees |
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Payments: |
No Complaints |
LOCATION
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Headquarters : |
3585 Laird Rd Unit 8 Mississauga, ON, L5L 5Z8
Canada |
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Comments on Address: |
- |
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Branches: |
No other branches were found. |
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Related Companies: |
No related companies were found. |
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. The following information has been provided by private sources
and could not be confirmed: |
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Management: |
Vladimir Galentovsky - President & Board Member |
FINANCIAL
INFORMATION
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The company does not make
its financial statements public. The following information has been provided
by private sources: |
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USD 2016 |
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Revenue |
1.620.000 |
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Cash flow |
Normal |
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. |
SUMMARY
Founded in 2000, Digital Sign Technologies, Inc. is an organization in
the Photographic Equipment and Supplies Merchant Wholesalers Industry
headquartered in Ontario, Canada.
The company has 10 regular employees and generates an estimated $1.6
million USD in annual revenue.
It operates nationally and internationally,
mainly exporting to Mexico and Colombia. It is ACTIVE in business with no
negative records.
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 |
INTERVIEW
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NAME |
Marina |
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POSITION |
Secretary |
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COMMENTS |
She confirmed the name of the company, the address of the headquarters
and location, the date of creation of the company, the number of employees
and the name of the President. |
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 68.15 |
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1 |
INR 90.27 |
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Euro |
1 |
INR 79.35 |
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CAD |
1 |
INR 51.20 |
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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VIV |
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Report Prepared
by : |
SDA |
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
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Payment
record
·
Litigation
against the subject
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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.