MIRA INFORM REPORT

Report No. :	509683
Report Date :	19.05.2018

IDENTIFICATION DETAILS

Name :	EVEREST WHOLESALE
Registered Office :	65 Bittern Street Ancaster, Ontario Canada, L9g 4v5
Country :	Canada
Financials (as on) :	2016 (Summarized)
Year of Establishment :	1992
Legal Form :	Corporation
Line of Business :	Subject is engaged in game, toy and gift manufacturer & distributor.
No. of Employees :	60

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd 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 (30.09.2017)	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	EVEREST WHOLESALE
Trade Name	EVEREST WHOLESALE / EVEREST / EVEREST TOYS
ID	ID
ID Details	151276904
Creation Date	1992
Incorporation Date	2005-11-21
Legal Address	65 BITTERN STREET ANCASTER, ONTARIO CANADA, L9G 4V5
Operative Address	1430 Cormorant Rd Ancaster, ON, L9G 4V5 Canada
Telephone	905-304-9155
Fax	905-304-9154
Legal Form	BUSINESS NAME - CORPORATION
E-Mail	sales@everesttoys.com / doug@everesttoys.com
Registered In	ONTARIO, CANADA
Website	www.everestwholesale.com
Contact	Douglas Putman, President
Staff	60 employees
Activity	Toy and gift manufacturer & distributor

Banks
Name of Bank	Reported Amount
There are not informed banks
Description	The company does not make its banking data public.

History
History	The company was founded in 1992.
Key Developments	In 2015, for TriBond's 25th Anniversary, Tim Walsh entered into business with Everest Toys in Ancaster, Ontario, Canada. Together the game was revamped to have a more party game type of feel.
Parent Company	NA

Principal Activity

General Description

Everest is a game, toy and gift manufacturer & distributor.

Service/Product Description

ADULT GAMES
ATLAS GAMES
ALDERAC GAMES
BREAKING GAMES
BROTHERWISE GAMES
GAMER GAMES
HASBRO - GAMES
KINDERPERFECT
MATTEL - GAMES
MYSTERY PARTY NIGHT
RIO GRANDE GAMES
UNIVERSITY GAMES - ADULT GAMES
TOYS FOR ADULTS (NO NOT THAT KIND OF TOYS)
NECA
PHATMOJO
THINK GEEK
TOY VAULT
CREATIVE TOYS
3D PUZZLES
HASBRO - PLAY DOH
KAHOOTZ
EVEREST EXCLUSIVES
ANOMIA PRESS
CRAZY FORTS
DONKEY IT'S A KICK!
KINGS CRIBBAGE
LITTLE CODR
TRIBOND
FAMILY GAMES & PUZZLES
BANANAGRAMS
BLUE ORANGE GAMES
CHH
DUTCH BLITZ
HASBRO - GAMES
MATTEL - GAMES
PACK-O-GAME
PLAY NINE
POKEMON TRADING CARD GAME
SAY IT DON'T SPRAY IT!
THE CANADIAN GROUP
UNIVERSITY GAMES - KIDS/FAMILY
USAOPOLY
US PLAYING CARDS
WINNING SOLUTIONS
OTHER AMAZING PRODUCTS
CHESSEX
CLICTIME
DRAGON SHIELDS
KIDS BATTERY
KOPLOW GAMES
LIL DINER
PEZ CANDY
SUNSTACHES
THE LOKUMAL GROUP
ZIPFY
TOYS
BASIC FUN
BLADEZ TOYZ
DUNCAN YO-YO
FEISTY PETS
HASBRO - NERF
HASBRO - TOYS (BOYS)
HASBRO - TOYS (GIRLS)
HASBRO - TOYS (PRESCHOOL)
JAKKS PACIFIC
JAZWARES
JUST PLAY
MAGIC TIME INTERNATIONAL LTD
MAGIC TRACKS
MATTEL - TOYS (PRESCHOOL)
MATTEL - MEGA BRANDS
MATTEL TOYS - FOR BOYS
MATTEL TOYS - FOR GIRLS
MATTEL - THOMAS
MGA ENTERTAINMENT
POP-IT -UP BY FUN 2 GIVE
POONICORN (PLUSH)
PUMPONATOR
SHIBAJUKU DOLLS
TECH4KIDS
TEKNO ROBOTICS
TOMY

Sales

Wholesale and Retail

Operations Area

National and International

Imports From

Hong Kong and China

Export To

Worldwide

Employees

60 employees

Payments With Suppliers

No Complaints

Brands
Brand	Comments
HASBRO	NA
POKEMON	NA
MATTEL	NA
CHH	NA
KAHOOTZ	NA
ANOMIA	NA
BANANAGRAMS	NA
JUST PLAY	NA

Clients
Name of Client	Country	Comments
GLOBAL DISCOVERY	USA	NA
Bbuy Enterprise Co., Ltd.	TAIWAN	NA

Comments

The company serves customers in the U.S., Canada and worldwide.

The company does not sell to the public. It distributes to retailers only.

Suppliers
Supplier Name	Country	Comments
FUN2 GIVE LTD. (HK)	HONG KONG	NA
The World Paper Products & Toys Mfy Ltd.	HONG KONG	NA
Just Play (hk) Ltd	CHINA	NA

Comments

NA

Location
Headquarters	1430 Cormorant Rd Ancaster, ON, L9G 4V5 Canada
Branches	The company has several offices in Canada

Group Structure and Subdiary Companies
Listed at the stock exchange	NO
Capital	NA
Shareholders (%)	This is a private company. The company does not disclose information on shareholders. The following information has been obtained through private sources and could not be confirmed: Major holder is Douglas Putman
Management	Douglas Putman, President and Board Member Robert Putman, Person Authorizing the Registration of the company. Mary Van Santvoorat, Officer Michael Canton, Supervisor Jennifer Putman, Human Resources Steve Cole, Sales Jason Books, Direct Traffic Management Edelyn Alvarez, Warehouse Agnes Cooke, Accounts Steff Bishop, Advisor Tracy Judson, Sales Trish McFarlane, Administrative Assistant
Subsidiary Companies	NA
Related Companies	Everest Wholesale Distributors Inc USA Sunrise Records Ltd. Canada The Granite Restaurant Canada Makin Waves Marine Canada 1322297 ONTARIO INC CORPORATE NUMBER: 1322297 LEGAL ADDRESS: 65 BITTERN STREET NO. 1 ANCASTER, ONTARIO CANADA, L9G 4V5

Financial Information
General Description	The company does not make its financial statements public. The following information has been provided by private sources:
Year/Currency	2016 USD
Sales	1,257,600
Money Flow	Normal
Financial Figures	NA
Import Fob Dollar There are not Import Fob Dollar informed
Export Fob Dollar There are not Export Fob Dollar informed

Legal Filings
Lawsuits	No records found
Trademarks	This Company’s logo is a registered trademark of this Company in Canada and other countries. The brand names and specific services of this Company featured on the company`s web site are trade marked.
Patents Registered	No records found
Renewals	No records found

Summary

Summary

Founded in 1992, Everest is a game, toy and gift manufacturer & distributor. It has approximately 60 full-time employees and generates an estimated USD 1.2 million in annual revenue. The company serves customers in the U.S., Canada and worldwide. The company does not sell to the public. It distributes to retailers only. It mainly imports from Hong Kong and China, operating within national and international markets. This is an ACTIVE company incorporated in CANADA.

Risk Information
Debts	Controlled
Payments	No Complaints
Cash Flow	Normal
State	ACTIVE

Interview
First Name	NA
Position	Operator
Comments	The person contacted confirmed trade name, telephone, address, website, email and principal activity. However, he refused to provide further information through the phone. He did not tell us his name.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 67.95
UK Pound	1	INR 91.87
Euro	1	INR 80.27
CAD	1	INR 52.68

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

INFORMATION DETAILS

Analysis Done by :	NIY
Report Prepared by :	DNS

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.