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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

498042

Report Date :

14.03.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

ACCUDIAM INC.

 

 

Registered Office :

55 Queen Street East, Suite 708, Toronto, ON M5C 1R6

 

 

Country :

Canada

 

 

Date of Incorporation :

1999

 

 

Legal Form :

Corporation

 

 

Line of Business :

Subject is a diamond wholesaler providing loose diamonds to Canadian jewellery trade.

 

 

No. of Employees :

6

 

 


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

(30.09.2017)

Current Rating

(31.12.2017)

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:

ACCUDIAM INC.

Trade Name:

ACCUDIAM

ID­­­:

ID will be provided asap/

Date Created:

1999

Date Incorporated:

1999

Legal Address:

55 Queen Street East,

Suite 708,

Toronto, ON M5C 1R6

Canada

Operative Address:

55 Queen Street East,

Suite 708,

Toronto, ON M5C 1R6

Canada

Telephone:

416-367-0070

Fax:

416-367-0071

Legal Form:

Corporation

Email:

accudiam@yahoo.ca

Registered in:

CANADA

Website:

www.accudiam.ca

Contact:

Ajay R Jariwala

Staff:

6

Activity:

Jewelry & Watch Manufacturing Industry

 

 

Banks:

 

Royal Bank of Canada

 

 

 

The company does not disclose its bank details.

History:

 

 

ACCUDIAM INC. was established in 1999.

 

 

PRINCIPAL ACTIVITY

 

 

Accudiam is a diamond wholesaler providing loose diamonds to Canadian jewellery trade.

Products/Services description:

Jewelry

Marquise

Pear

Oval

Emerald

Princess

Cushion

 

Tapered baguettes

Emeralds, Pears

Trillions

Brands:

Accudiam

Sales are:

Wholesale

Clients:

Companies, general clients

Suppliers:

NA

Operations area:

National

The company imports from

No import records

The company exports to

No export records

The subject employs

6 employees

Payments:

No Complaints

 

 

LOCATION

 

Headquarters :

55 Queen Street East,

Suite 708,

Toronto, ON M5C 1R6

Canada

Branches:

The company has no branches

Related Companies:

Accudiam (USA) Inc.

55W 47th Street,

Suite 1125,

New York, NY 10036

 

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

 

Listed at the stock exchange:

NO

Capital:

NA

Shareholders:

This is a private company. Major holder is Ajay R Jariwala.

Management:

Ajay R Jariwala, President

Kalpana Jariwala, Secretary-Treasurer & Board Member  

Frank D Mauro, Director

 

 

FINANCIAL INFORMATION

 

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

 

 

USD 2015

 

Revenue

14.391.000

Cash Flow

Normal

 

 

LEGAL FILINGS

 

 

 

CASES

No records found

 

 

SUMMARY

 

 

Founded in 1999, Accudiam Inc. is a small organization in the jewelers' material and lapidary work companies industry located in Toronto, Canada.

 

It has approximately 6 full-time employees and generates an estimated $ 14.391 million in annual revenue.

 

The company operates in the national area.

 

Accudiam Inc. is ACTIVE without negative records.

 

 

RISK INFORMATION

 

DEBTS

Controlled

PAYMENTS

No Complaints

CASH FLOW

Normal

STATUS

Active

 

 

INTERVIEW

 

NAME

NA

POSITION

Assistant

COMMENTS

He confirmed address, management, activity and experience.


 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 64.95

UK Pound

1

INR 90.23

Euro

1

INR 80.09

CAD

1

INR 50.14

 

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

 

 

INFORMATION DETAILS

 

Report Prepared by :

TPT

 

 

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.