MIRA INFORM REPORT
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Report No. :
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510573
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Report Date :
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25.05.2018
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Name :
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CADEX ELECTRONICS INC.
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Registered Office :
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885 West Georgia Street, 19th, Vancouver, British Columbia, V6C 3H4
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Country :
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Canada
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Financials (as on) :
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2016 [Summarized]
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Date of Incorporation :
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22.01.1985
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Legal Form :
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Corporation
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Line of Business :
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Subject designs and manufactures battery charging and analyzing
equipment, sensing and measuring devices, and digital power electronics.
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No. of Employees :
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74
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RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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Credit Rating
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Explanation
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Rating Comments
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A
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Acceptable Risk
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Business dealings permissible with
moderate risk of default
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Status :
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Good
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Payment Behaviour :
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Regular
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Litigation :
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Clear
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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
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Previous
Rating
(30.09.2017)
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Current Rating
(31.12.2017)
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Canada
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A1
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A1
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Risk Category
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ECGC
Classification
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Insignificant
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A1
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Low Risk
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A2
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Moderately Low Risk
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B1
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Moderate Risk
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B2
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Moderately High Risk
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C1
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High Risk
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C2
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Very High Risk
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D
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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.
Location
Facts
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Government
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Federal
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Currency
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CAD
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EconomicRisk
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NIL
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Statutory
Information
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Legal Name
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CADEX ELECTRONICS INC.
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Trade Name
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CADEX ELECTRONICS / CADEX
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ID
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ID
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ID Details
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CA1836561
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Creation Date
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1985
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Incorporation Date
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1985-01-22
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Legal Address
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885 West Georgia Street, 19th, Vancouver, British Columbia, V6C 3H4,
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Operative Address
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22000 Fraserwood Way Richmond, BC, Canada V6W 1J6
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Telephone
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Tel: +1 604 231-7777 Toll Free: 1-800 565-5228
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Fax
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+1 604 231-7755
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Legal Form
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Corporation
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E-Mail
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info@cadex.com / service@cadex.com
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Registered In
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CANADA
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Website
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www.cadex.com
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Contact
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Isidor Buchmann, Founder and Chief Executive Officer
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Staff
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74 employees
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Activity
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Electronic Test & Measurement Instruments Manufacturing
Electrical Products Manufacturing
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Banks
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Name of Bank
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Reported Amount
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There are not informed banks
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Description
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The company does not make its banking data public.
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History
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History
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Cadex Electronics Inc. was established in 1985 by Isidor Buchmann
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Key Developments
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In its early days, the company operated under the name Buchmann
Enterprises Inc. and all activities were conducted in a small room of the
founder's residence. In 1985, after the registered trademark for the name
Cadex was granted, the company changed the corporate name to Cadex
Electronics Inc. Cadex is derived from "CADmium-EXerciser."
Cadex Electronics Inc. Appoints Charles Creighton as Director of Sales and
Marketing, Line Products
Dec 1 16
Cadex Electronics Inc. appointed Charles Creighton as Director of Sales and
Marketing, Line Products. At a Cadex, Charles leads the global sales,
marketing and product management teams for Cadex Line Products.
Cadex Electronics Inc. Will Unveil an Innovative New Technology to
Rapid-Test Smartphone Batteries
Aug 25 16
Cadex Electronics Inc. will unveil an innovative new technology to
rapid-test smartphone batteries at the CTIA Super Mobility 2016 in Las
Vegas. Built into the C5100-B storefront battery analyzer, QuickSort 4
(QS4) no longer requires model specific data as QS3 did. In addition, the
capacity range of the patent pending QS4 has been expanded to service
single cell Li-ion batteries of up to 4,000mAh. The 4-minute test provides
clear results of 'Good' or 'Bad' and is compatible with Apple and Samsung
smartphone batteries. PC-BatteryStore software offers an extension to
battery service by storing customer information, recording anomalies and
printing service reports. The company can export test results, make notes
and compare with existing data.
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Parent Company
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NA
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Principal
Activity
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General Description
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Cadex Electronics Inc. designs and manufactures battery charging and
analyzing equipment, sensing and measuring devices, and digital power
electronics.
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Service/Product Description
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PRODUCTS
Battery Maintenance Systems
C5100B Battery Analyzer
C7000 Series Battery Analyzers
C8000 Battery Testing System
Custom Battery Packs
Custom Products and Design
Spectro™ Rapid-testers
Universal Conditioning Chargers
APPLICATIONS
APPLICATIONS
Advanced Battery Testing
Automotive
Cellular
Healthcare
Military
Professional Mobile Radio
Scanners
Service Centers
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Sales
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Wholesale and Retail
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Operations Area
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National and International
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Imports From
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No import records
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Export To
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Worldwide
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Employees
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74 employees
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Payments With Suppliers
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Regular
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BRANDS
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Brand
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Comments
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Spectro
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NA
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CLIENTS
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Name of Client
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Country
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Comments
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RYDER.C/O RICH LONG TRANSPORTATION
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USA
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NA
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Encontracksa De Cv
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MEXICO
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NA
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SNAP ON SUN DE MEXICO SA DE CV
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MEXICO
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NA
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Aekia Sa
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ECUADOR
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NA
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Iq Electronics Peru Sac
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PERU
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NA
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Comments
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It serves various industries, including wireless communications,
sensing and measuring devices, mobile computing, medical, and
transportation. Cadex Electronics offers its products through distributors
and representatives in the United States, Canada, North America,
Asia/Oceania, the Middle East, South America, Europe, and Africa.
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SUPPLIERS
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Supplier Name
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Country
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Comments
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There are not infomed suppliers
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Comments
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NA
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Location
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Headquarters
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22000 Fraserwood Way Richmond, BC, Canada V6W 1J6
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Branches
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No branches found
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Group
Structure and Subdiary Companies
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Listed at the stock exchange
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NO
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Capital
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NA
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Shareholders (%)
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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 Isidor Buchmann.
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Management
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Isidor Buchmann, Founder and Chief Executive Officer
Markus Pauli, Chief Operating Officer
Tina Shoa Ph.D., Head of Research
Bruce Adams, OEM Sales Executive
Brad Audette, Director of OEM Accounts & Business Development
Paul Buchmann, Board Member
Heidi Estrada, Board Member
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Subsidiary Companies
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NA
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Related Companies
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NA
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Financial
Information
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General Description
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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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Year/Currency
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2016 USD
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Sales
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9,970,000
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Money Flow
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Normal
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Import Fob Dollar
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Year
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Amount
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There are not Import Fob Dollar informed
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Export Fob Dollar
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Year
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Amount
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There are not Export Fob Dollar informed
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Legal
Filings
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Lawsuits
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No records found
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Trademarks
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CADEX -
Trademark Details
Status: 800 - Registered And Renewed
Image for trademark with serial number 73379886
Serial Number73379886
Registration Number1304753
Word Mark CADEX
Status800 - Registered And Renewed
Status Date2015-05-29
Filing Date1982-08-13
Registration Number1304753
Registration Date1984-11-13
Mark Drawing1000 - Typeset: Word(s)/letter(s)/number(s) Typeset
Published for Opposition Date1984-09-04
Attorney Name R. Gwen Peterson
Law Office Assigned Location Code530
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Patents Registered
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METHODS AND
APPARATUS FOR BATTERY TESTING
Publication number: 20130093428
Abstract: Methods and apparatus for testing electrical storage batteries
monitor magnetic susceptibility of components of the storage batteries. In
some embodiments, magnetic susceptibility of a plate in a lead-acid battery
is determined to provide an indication of the state of charge of the
battery.
Type: Application
Filed: December 4, 2012
Publication date: April 18, 2013
Applicant: CADEX ELECTRONICS INC.
Inventor: CADEX ELECTRONICS INC.
METHODS AND APPARATUS FOR BATTERY TESTING
Publication number: 20110074432
Abstract: Methods and apparatus for testing electrical storage batteries
monitor magnetic susceptibility of components of the storage batteries. In
some embodiments, magnetic susceptibility of a plate in a lead-acid battery
is determined to provide an indication of the state of charge of the
battery.
Type: Application
Filed: June 5, 2009
Publication date: March 31, 2011
Applicant: CADEX ELECTRONICS INC.
Inventor: Joern A. Tinnemeyer
Methods and apparatus for battery testing
Patent number: 9851408
Abstract: Methods and apparatus for testing electrical storage batteries
monitor magnetic susceptibility of components of the storage batteries. In
some embodiments, magnetic susceptibility of a plate in a lead-acid battery
is determined to provide an indication of the state of charge of the
battery.
Type: Grant
Filed: December 4, 2012
Date of Patent: December 26, 2017
Assignee: CADEX Electronics Inc.
Inventor: Joern A. Tinnemeyer
Method and apparatus for battery testing
Patent number: 7019542
Abstract: A method for testing electrochemical cells applies to a portion
of a cycle of a low-frequency excitation waveform to a cell under test
while maintaining an amplitude of the excitation waveform below a threshold
value. In some cases a quarter cycle of the excitation waveform is used.
Phase an amplitude of a response to the excitation waveform may be
determined by applying formulae based on geometry.
Type: Grant
Filed: April 6, 2004
Date of Patent: March 28, 2006
Assignee: Cadex Electronics Inc.
Inventor: Joern A. Tinnemeyer
Multiple model systems and methods for testing electrochemical systems
Patent number: 6778913
Abstract: A method for testing an electrochemical system includes obtaining
complex impedance data for the electrochemical system at multiple
frequencies; fitting the complex impedance data to two or more models of
the system to obtain a set of fitted parameters; and deriving a value for a
characteristic of the electrochemical system based upon parameters of the
set of fitted parameters. The electrochemical system may be an
electrochemical battery. The characteristic may be a state of health, state
of charge, or other characteristic of a battery.
Type: Grant
Filed: April 29, 2002
Date of Patent: August 17, 2004
Assignee: Cadex Electronics Inc.
Inventor: Joern Tinnemeyer
Pulse-discharge battery testing methods and apparatus
Patent number: 7622929
Abstract: A method for evaluating the conditions a battery comprises
applying a discharge pulse to the battery and monitoring a response of the
battery to the discharge pulse. In some embodiments a measure of battery
condition is based at least in part on at least one of first and second
parameters. The first parameter is related to the decrease in battery
voltage after the onset of the discharge pulse. The second parameter is
related to the recovery of the battery voltage after the discharge pulse.
The first and/or second parameters may be supplied as inputs to an
evaluation system such as a neural network, a fuzzy logic inference engine
or the like.
Type: Grant
Filed: July 25, 2006
Date of Patent: November 24, 2009
Assignee: CADEX Electronics Inc.
Inventors: Joern Tinnemeyer, Zoe Carlin
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Renewals
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No records found
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Summary
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Summary
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Founded in 1985, Cadex Electronics Inc. designs and manufactures
battery charging and analyzing equipment, sensing and measuring devices,
and digital power electronics.
The company has approximately 74 full-time employees and generates
an estimated USD 9.97 million in annual revenue.
It exports worldwide, operating within national and international
markets.
This has been an ACTIVE company incorporated in CANADA.
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Risk
Information
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Debts
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Controlled
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Payments
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Regular
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Cash Flow
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Normal
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State
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ACTIVE
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Interview
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First Name
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Kisha
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Position
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Reception
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Comments
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The person contacted could not provide information about the company
through the phone, howeverm she provided this telephone number for checking
the legal information about the company: 2503877848
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Currency
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Unit
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Indian Rupees
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US Dollar
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1
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INR 68.39
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UK Pound
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1
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INR 91.44
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Euro
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1
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INR 80.14
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CAD
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1
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INR 52.92
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Note :
Above are approximate rates obtained from sources believed to be correct
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Analysis Done by
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DIV
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Report Prepared
by :
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TPT
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Credit Rating
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Explanation
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Rating Comments
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A++
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Minimum Risk
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Business dealings permissible with minimum
risk of default
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A+
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Low Risk
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Business dealings permissible with low risk
of default
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A
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Acceptable Risk
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Business dealings permissible with
moderate risk of default
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B
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Medium Risk
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Business dealings permissible on a regular
monitoring basis
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C
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Medium High Risk
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Business dealings permissible preferably on
secured basis
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D
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High Risk
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Business dealing not recommended or on
secured terms only
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NB
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New Business
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No recommendation can be done due to
business in infancy stage
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NT
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No Trace
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No recommendation can be done as the business
is not traceable
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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:
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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.
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