MIRA
INFORM REPORT
|
Report Date : |
29th
June 2006 |
IDENTIFICATION
DETAILS
|
Name : |
REPUBLIC
HOUSE AG |
|
|
|
|
Registered Office : |
c/o RTH AG Baarerstrasse
73 6300
Zug/ZG Switzerland |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Date of Incorporation : |
06-02-2000 |
|
|
|
|
Legal Form : |
Joint
stock company |
|
|
|
|
Line of Business : |
Engaged
in trading of commodities, especially metals. |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
|
Status : |
Undetermined |
|
|
|
|
Payment Behaviour : |
Unknown
|
|
|
|
|
Litigation : |
Clear |
|
Detail assessment: |
Payments: |
|
|
|
There
is a lack of experience available to control the payment habits and business
conduct of this domicile company. |
|
|
|
Individual credit limit*: |
EUR
0.-- |
Name
Republic
House AG
Line of Business
Rohstoffhandel
Legal domicile
c/o RTH AG
Baarerstrasse
73
6300
Zug/ZG
Switzerland
Telephone: 041
7275070
Fax: 041 7275080
CREDIT ADVICE
Credit opinion: Since this is a domicile company and
third parties are not permitted an insight into the financial situation of the
company, it is not possible to make a maximum credit recommendation. It is
recommended that the company be
requested to provide adequate proof of security.
This credit advice is based on
information available at the time of conducting the research, being the above
indicated date.
All amounts in this report are
given in Swiss Francs (CHF) unless otherwise stated.
GENERAL COMPANY DATA
OFFICIAL DATA:
Legal form: Joint
stock company
Registration: 06-02-2000
First Publication: 08-06-2000
Last Publication: 18-06-2004
Share capital: 100.000
Paid up: 100.000
Divided into: 100
Bearer shares of 1.000
Shareholders: Details
of the shareholders were not made available to us
ACTIVITY:
Line of business: Trade
in commodities
Sector: Domicile
company
Activity:
The company is involved in the
trading of commodities, especially metals.
Proper material business activities
can however not be determined by third parties.
EMPLOYEES:
Number of employees: There are no employees at the legal domicile
PAYMENT AND FINANCIAL DATA
PAYMENT EXPERIENCES:
Legal actions: Information only available against
proof of interest.
There is a lack of experience
available to control the payment habits and business conduct of this domicile
company.
Based on the mentioned
circumstances, financial transactions should preferably be safeguarded by
appropriate capital guarantees or securities.
FINANCIAL DATA:
Financial position:
Since this is a domicile company
third parties are not permitted an insight into the financial situation of the
company.
Financial Statements: The company does not disclose any financial
statements.
Banker(-s): Not
known
Auditors: Nussbaumer
& Partner AG, Zuerich
Premises: The
premises at the above mentioned address are rented.
Fiscal taxation: No
information is available due to the local tax authority regulation.
COMPANY AND PERSON RELATIONS
COMPANY CONNECTIONS:
Investments: No investments
apparent.
BOARD OF DIRECTORS:
Rachel Mueller-Meyer, from Zuerich,
in
Zuerich/ZH/Switzerland,
Sole Member, sole signature.
PERSONNEL INFORMATION:
Rachel Mueller, born in 1948, lives
at the Bellariastrasse 69 in Zurich. She is a commercial emloyee by profession
and married to Bernard, born on 06.05.1948, who, in earlier years, was
registered as sole board member with individual signature of the requested
company.
He calls himself a commercial
employee by profession. He previously was, inter alia, board member with
collective signature of the company Alsteel Group AG, also headquartered at the
Baarerstrasse 73 c/o RTH AG, in Zug. The latter was declared bankrupt on
10.10.2000.
There are no detrimental reports on
Mrs. Rachel Mueller's business conduct.
COMMENTS:
There is no registration under the
name of Republic House AG listed in any telephone directory. The above
captioned communication numbers correspond to the domicilee, RTH AG, Zug.
The domicilee however declines to
provide any insight into this company's internal affairs.
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No
caution needed for credit transaction. It has above average (strong)
capability for payment of interest and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are
regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry
similar weight in credit consideration. Capability to overcome financial
difficulties seems comparatively below average/normal. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of
interest and principal sums in default or expected to be in default upon
maturity |
Limited with full security |
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |