|
|
|
MIRA INFORM REPORT
|
Report No. : |
510994 |
|
Report Date : |
26.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
4364546 CANADA INC. |
|
|
|
|
Registered Office : |
117 AV. Gun, Pointe-Claire (Québec) H9R3X2 |
|
|
|
|
Country : |
Canada |
|
|
|
|
Financials (as on) : |
2016 [Summarized] |
|
|
|
|
Date of Incorporation : |
08.05.2006 |
|
|
|
|
Legal Form : |
Société Par Actions Ou Compagnie |
|
|
|
|
Line of Business : |
Subject develops disruption technology for improvised explosive
devices and unexploded ordnance. |
|
|
|
|
No. of Employees : |
9 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
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: |
4364546 CANADA INC. |
|
Trade Names: |
CANADIAN TECHNOLOGY SYSTEMS CTS MARQUE DE COMMERCE LANCE MARQUE DE COMMERCE SYSTÈMES DE TECHNOLOGIE CANADIENS |
|
ID: |
1163731129 |
|
Date Created: |
2006 |
|
Date Incorporated: |
2006-05-08 |
|
Legal Address: |
117 AV. Gun Pointe-Claire (Québec) H9R3X2 Canada |
|
Operative Address: |
117 av. Gun Pointe-Claire (Québec) H9R3X2 Canada |
|
Telephone: |
(514) 630-0700 |
|
Fax: |
- |
|
Legal Form: |
Société Par Actions Ou Compagnie |
|
Email: |
cts@ctsystems.ca |
|
Registered in: |
CANADA |
|
Website: |
www.ctsystems.ca |
|
Contact: |
Tanase Marin – President |
|
Staff: |
9 |
|
Activity: |
NAICS code 334519 - Other Measuring and Controlling Device Manufacturing |
|
|
|
|
Banks: |
The company does not disclose its banking details. |
|
|
|
|
History: |
The company was founded in 2006. |
|
|
|
PRINCIPAL
ACTIVITY
|
|
|
|
Canadian Technology Systems develops disruption technology for improvised
explosive devices and unexploded ordnance. |
|
Products/Services description: |
The company offers Lance Disrupters, Twin Lance Disrupters, Baldric
Backpacks and Accessories. |
|
Brands: |
CTS |
|
Sales are: |
Wholesale |
|
Clients: |
Private Companies |
|
Suppliers: |
NA |
|
Operations area: |
National |
|
The subject employs |
9 employees |
|
Payments: |
No Complaints |
|
|
|
LOCATION
|
|
|
Headquarters : |
117 av. Gun Pointe-Claire (Québec) H9R3X2 Canada |
|
Comments on Address: |
- |
|
Branches: |
185, CAMILE VILLE SAINT-PIERRE (QUÉBEC) H8R1G7, CANADA |
|
Related Companies: |
No related companies were found. |
|
|
|
GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
|
|
|
Listed at the stock exchange: |
NO |
|
Capital: |
NA |
|
Shareholders: |
The major holders of this company are: MARIN, TANASE 592 av. Westluke Côte-Saint-Luc (Québec) H4X1P7 Canada RASCHELLA, MICHAEL 222, DU FORT-REMY MONTRÉAL (QUÉBEC) H8R4C6 |
|
Management: |
Tanase Marin – President Michael Raschella – Vice President |
|
|
|
FINANCIAL
INFORMATION
|
|
|
|
The company does not make its financial
statements public. The following information has been provided by private
sources: |
|
|
|
|
USD 2016 |
|
|
Sales |
890.000 |
|
Cash flow |
Normal |
|
|
|
LEGAL
FILINGS
|
|
|
|
|
|
PATENTS |
No records found. |
|
|
|
|
CASES |
No records found. |
|
|
|
|
RENEWAL HISTORY |
Type of document Date of filing 2017 ANNUAL UPDATE DECLARATION 2017-11-01 2016 ANNUAL UPDATE DECLARATION 2016-07-19 Current update statement 2016-01-05 Current update statement 2015-09-08 2015 ANNUAL UPDATE STATEMENT 2015-08-25 2014 ANNUAL UPDATE STATEMENT 2014-09-24 2013 ANNUAL UPDATE STATEMENT 2013-07-02 2012 ANNUAL UPDATE DECLARATION 2012-09-26 2011 ANNUAL UPDATE STATEMENT 2011-10-03 Current Update Statement 2011-08-04 Amending Declaration 2010-12-14 |
|
|
|
|
OFAC Sanctions List Search |
The company is not listed in the OFAC list. |
|
|
|
SUMMARY
|
|
|
|
Founded in 2006, Canadian Technology Systems is an organization in the
Other Measuring and Controlling Device Manufacturing Industry headquartered
in Quebec, Canada. The company has 9 regular employees and generates an estimated
$890.000 USD in annual revenue. It operates nationally. It is ACTIVE in business with no negative
records. |
|
|
|
RISK
INFORMATION
|
|
|
DEBTS |
Controlled |
|
PAYMENTS |
No Complaints |
|
CASH FLOW |
Normal |
|
STATUS |
Active |
|
|
|
INTERVIEW
|
|
|
NAME |
Marya |
|
POSITION |
Accountant |
|
COMMENTS |
She confirmed the name of the company, the address of the headquarters
and location, the date of creation of the company, the number of employees
and the name of the President. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 68.26 |
|
|
1 |
INR 91.22 |
|
Euro |
1 |
INR 79.88 |
|
CAD |
1 |
INR 52.24 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
|
|
|
Report Prepared
by : |
TPT |
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.