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MIRA INFORM REPORT
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Report No. : |
494370 |
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Report Date : |
05.03.2018 |
IDENTIFICATION DETAILS
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Name : |
METROPOLIS GLOBAL CORP. |
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Registered Office : |
1202-20 Mississauga Valley Blvd., Mississauga ON L5A 3S1 |
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Country : |
Canada |
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Date of Incorporation : |
22.06.2016 |
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Legal Form : |
Non-distributing corporation with 50 or fewer shareholders |
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Line of Business : |
Metal Service Centers and Other Metal Merchant Wholesalers |
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No. of Employees : |
2 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
B |
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Credit Rating |
Explanation |
Rating Comments |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 (30.09.2017) |
Current Rating (31.12.2017) |
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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 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.
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Source
: CIA |
STATUTORY INFORMATION
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Order: |
Metropolis Global Corp |
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Address in the order: |
5953 Gant Crescent Mississauga Ontario L5V2T5 |
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Legal Name: |
METROPOLIS GLOBAL CORP. |
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Trade Names: |
Metropolis Global
Corp. |
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ID: |
9804587 (Corporation Number) 763100120RC0001 (Business Number) |
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Date Created: |
2016 |
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Date Incorporated: |
2016-06-22 |
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Legal Address: |
1202-20 Mississauga Valley Blvd. Mississauga ON L5A 3S1 Canada |
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Operative Address: |
1202-20 Mississauga Valley Blvd. Mississauga ON L5A 3S1 Canada |
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Telephone: |
NA |
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Fax: |
NA |
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Legal Form: |
Non-distributing corporation with 50 or fewer
shareholders |
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Email: |
- |
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Registered in: |
CANADA |
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Website: |
The company does not have a website. |
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Contact: |
Areeb Bajwa - Director |
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Staff: |
2 |
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Activity: |
NAICS Code 423510 Metal Service Centers and Other
Metal 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 2016. |
PRINCIPAL
ACTIVITY
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Metropolis
Global Corp. is dedicated to the wholesale of metals. |
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Products/Services description: |
The company offers stainless steel. |
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Brands: |
The company does not have any brands of its own. |
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Sales are: |
Wholesale |
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Clients: |
Retailers |
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Suppliers: |
Shenzhen Chunwang Environmental Pro Yangjiang Kimberi Trading Co., Ltd. |
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Operations area: |
National |
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The company imports from |
CHINA |
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The subject employs |
2 employees |
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Payments: |
Unknown |
LOCATION
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Headquarters : |
1202-20 Mississauga Valley Blvd. Mississauga ON L5A 3S1 Canada |
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Comments on Address: |
Metropolis Global Corp. is
headquartered in the address mentioned above. We have not found any
information on 5953 Gant Crescent Mississauga Ontario L5V2T5 as being related
to the company. |
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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. We were not able to confirm major holders |
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Management: |
Areeb Bajwa – Director Azka Mariam Bajwa - Director |
FINANCIAL
INFORMATION
The company does not make
its financial statements public.
Despite our long search, we were not able to confirm financial figures
for the subject.
LEGAL
FILINGS
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GOVERNMENT CONTRACTS |
No found. |
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CASES |
No found. |
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TRADEMARKS |
SENSIBLE NEEDS Automatic soap dispensers; Basins in the nature
of bowls; Bath brushes; Bottle openers, electric and non-electric; Bowls… Owned by: Metropolis Global Corp Serial Number: 87734196 |
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RENEWAL HISTORY |
Date Document
Type Document Description 2016-06-22 Incorporation 2016-00-00 Change
of registered office from , , |
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UCC |
No records found. |
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OFAC Sanctions List Search |
The company is not listed in the OFAC list. |
SUMMARY
Founded
in 2016, Metropolis Global Corp. is a company in the Metal Service Centers and
Other Metal Merchant Wholesalers Industry headquartered in Mississauga, ON,
Canada.
The
company has 2 regular employees. It operates nationally, mainly importing from
China. It is ACTIVE in business with no negative records.
The company shows
low commercial profile, not being listed with yellow pages or major credit
bureaus.
RISK INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
Unknown |
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CASH FLOW |
Normal |
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STATUS |
Active |
INTERVIEW
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NAME |
- |
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POSITION |
- |
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COMMENTS |
Due to the company`s low commercial profile, we
were not able to find a phone number. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 65.22 |
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1 |
INR 89.71 |
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Euro |
1 |
INR 79.50 |
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CAD |
1 |
INR 50.60 |
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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NIY |
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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
·
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.