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MIRA
INFORM REPORT
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Report No. : |
509259 |
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Report Date : |
15.05.2018 |
IDENTIFICATION DETAILS
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Name : |
JEFO NUTRITION INC. |
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Formerly Known As : |
JEFO IMPORT EXPORT INC |
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Registered Office : |
5020 Avenue Jefo, Cp 325, Saint-Hyacinthe Québec J2s7b6 |
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Country : |
Canada |
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Financials (as on) : |
2016 |
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Date of Incorporation : |
16.08.1982 |
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Legal Form : |
Corporation |
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Line of Business : |
Subject provides ruminant, swine, poultry, aquaculture, equine, pet,
rabbit, and liquid products. The company also offers research, transshipment,
food storage, refrigerated storage, research, and transportation services. |
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No. of Employees : |
95 |
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 (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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Legal Name: |
JEFO NUTRITION INC. |
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Trade Names: |
JEFO NUTRITION INC. CHÂTEAU JEFO CONCEPTION GRAPHIQUE JEFO VIGNOBLE CHÂTEAU FONTAINE TERROIR ETCETERA |
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ID: |
1142856781 |
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Date Created: |
1982 |
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Date Incorporated: |
1982-08-16 |
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Legal Address: |
5020 AVENUE JEFO CP 325 SAINT-HYACINTHE Québec J2S7B6 Canada |
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Operative Address: |
5020 AVENUE JEFO CP 325 SAINT-HYACINTHE Québec J2S7B6 Canada |
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Telephone: |
(450) 799-2000 |
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Fax: |
450-778-1338 |
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Legal Form: |
CORPORATION |
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Email: |
info@jefo.ca |
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Registered in: |
CANADA |
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Website: |
www.jefo.ca |
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Contact: |
JEAN FONTAINE - President |
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Staff: |
95 |
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Activity: |
SIC Code 5191, Farm Supplies NAICS Code 424910, Farm Supplies Merchant Wholesalers |
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Banks |
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The company does not disclose its banking details. |
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History |
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The company was founded in 1982. JEFO Nutrition, Inc. was formerly
known as Jefo Import Export Inc. and changed its name in September 1994. It merged with TERROIR ETCETERA INC. in
2010. |
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Parent Company: |
The major holder of this company is: 5020, AVENUE JEFO, C.P. 325
SAINT-HYACINTHE (QUÉBEC) J2S7B6 |
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PRINCIPAL ACTIVITY |
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JEFO Nutrition, Inc. engages in the design, manufacturing,
warehousing, and JIT-distribution of animal nutrition specialty products. |
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Products/Services description: |
It provides ruminant, swine, poultry, aquaculture, equine, pet,
rabbit, and liquid products. The company also offers research, transshipment,
food storage, refrigerated storage, research, and transportation services. |
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Brands: |
JEFO Nutrition |
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Sales are: |
Wholesale |
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Clients: |
Safeeds Nutricao Animal Ltda Jefo De Mexico S.A. De C.V. Jefo Colombia Nutrition Sas. Alinat Peru Sac Ventas Avicolas Vetaves Cia Ltda. Eugene Bio,Korea |
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Suppliers: |
Zhejiang Guoguang Biochemistry Shandong Shouguang Juneng Group Golden Corn Co.,Ltd Natural Wax Sdn Bhd |
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Operations area: |
National and International |
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The company imports from |
CHINA MALAYSIA |
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The company exports to |
BRAZIL MEXICO COLOMBIA PERU ECUADOR KOREA |
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The subject employs |
95 employees |
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Payments: |
No complaints |
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LOCATION |
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Headquarters : |
5020 AVENUE JEFO CP 325 SAINT-HYACINTHE Québec J2S7B6 Canada |
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Comments on Address: |
- |
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Branches: |
No other branches were found. |
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Related Companies: |
Jefo de México, S.A. de C.V. Av. Peñuelas No. 5 – 32 Bis, Col. San Pedrito Peñuelas, Querétaro, Qro. México, C.P. 76148 Jefo Europe (France) 2 rue Claude Chappe, Espace Performance La Fleuriaye, BP 50 776, 44481 Carquefou Cédex, France Jefo Europe (Spain) Calle Francisco Giralte, 2 28008 Madrid España Jefo Australia PO Box 8146 Toowoomba Sth Qld 4350 Australia Jefo China Room 1301, Building 2 No.100 Nanjing Road Shinan District Qingdao China Jefo Colombia Calle 93 # 18-45 of 408 Bogotá |
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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 major holder of this company is: 5020, AVENUE JEFO, C.P. 325
SAINT-HYACINTHE (QUÉBEC) J2S7B6 |
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Management: |
JEAN FONTAINE - President GUY TALBOT – Vice President GILLES BEAUPRÉ – Secretary |
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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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Sales |
20.750.000 |
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Cash flow |
Normal |
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LEGAL FILINGS |
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PATENTS |
No records found. |
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GOVERNMENT CONTRACTS |
No records found. |
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CASES |
Jefo Nutrition inc. (Re), 2008 CanLII 67133 (QC RACJ) — 2008-11-25 Régie des alcools des courses et des jeux — Quebec Rouabah et Jefo Nutrition inc., 2018 QCCNESST 16 (CanLII) — 2018-01-31 Commission des normes, de l’équité, de la santé
et de la sécurité du travail — Quebec |
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TRADEMARKS |
JEFO vitamin, mineral, and amino acid supplements for animal food;
nutritional additives for livestock feed Owned by: JEFO NUTRITION INC. Serial Number: 74181950 POULTRYGROW 250 basic ingredients used in the manufacture of food for poultry; namely,
fermentation extract Owned by: JEFO NUTRITION INC. Serial Number: 74474303 XYLAFLOR Enzymes for use in the manufacture of animal feed Owned by: JEFO NUTRITION INC. Serial Number: 76297362 BE A HAPPY FARMER Providing an on-line downloadable software program in the nature of a
cost management calculator Owned by: JEFO NUTRITION INC. Serial Number: 85251075 |
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RENEWAL HISTORY |
Type of document Date of filing ANNUAL UPDATE DECLARATION 2017 2018-01-29 2016 ANNUAL UPDATE STATEMENT 2017-02-01 Current update statement 2016-04-14 2015 ANNUAL UPDATE STATEMENT 2016-01-30 2014 ANNUAL UPDATE STATEMENT 2015-01-28 2013 ANNUAL UPDATE STATEMENT 2013-12-23 2012 ANNUAL UPDATE STATEMENT 2013-01-31 2011 ANNUAL UPDATE STATEMENT 2011-08-18 Current update statement 2011-06-10 Statement and Information Return 2010 2010-12-24 Amending Declaration 2010-08-19 Amending Declaration 2010-08-11 |
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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 1982, Jefo Nutrition Inc. is an organization in the Farm
Supplies Merchant Wholesalers Industry headquartered in Quebec, Canada. The company has 95 regular employees and generates an estimated $20.7
million USD in annual revenue. It operates nationally and internationally, mainly importing from
China and Malaysia. 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 |
- |
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POSITION |
- |
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COMMENTS |
We called number (450) 799-2000 several times and received no answer. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 67.32 |
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1 |
INR 91.25 |
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Euro |
1 |
INR 80.51 |
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CAD |
1 |
INR 53.02 |
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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NIS |
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Report Prepared
by : |
SYL |
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
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Company
background and operations size
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Promoters
/ Management background
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Payment
record
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Litigation
against the subject
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Industry
scenario / competitor analysis
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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.