MIRA
INFORM REPORT
|
Report Date : |
4th
January, 2007 |
IDENTIFICATION
DETAILS
|
Name : |
FEEDCO
SA |
|
|
|
|
Registered Office : |
31,
boulevard Helvetique, 1207 Geneve GE, Switzerland |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Date of Incorporation : |
2003 |
|
|
|
|
Com. Reg. No.: |
CH-660.0.294.003-6 |
|
|
|
|
Legal Form : |
Joint
Stock Company |
|
|
|
|
Line of Business : |
1.
Wholesalers of Non Bulk Petroleum. 2.
Brokers & Dealers of Commodity Contracts. |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
|
Status : |
Small
Business |
|
|
|
|
Payment Behaviour : |
Usually
Correct |
|
|
|
|
Litigation : |
Clear |
NAME
FEEDCO
SA
ADDRESS
DOMIZILADRESSE
31,
boulevard Helvetique
1207
Geneve GE
Switzerland
IDENTIFICATION
|
LEGAL
SEAT |
1200
Geneve GE |
|
|
Switzerland |
|
|
|
|
PHONE |
022
737 41 41 |
|
FAX |
022
345 41 44 |
|
E-MAIL |
geneva@feedco.ch |
|
|
|
|
Registration
number |
CH-660.0.294.003-6 |
CURRENCY: Shown
in Swiss francs (CHF), unless otherwise stated
CREDIT
RECOMMENDATION: 10.000
The
analysis is based on various criteria which include :
-
Subject's financial strength is not significant.
-
The company's tax figures are not known or too old.
-
No information on the existence of a parent company.
- According to the information available, the company has no participations.
-
The company has less than 5 employees.
-
The company was founded less than 6 years ago and is still considered to be a
young business, or is not registered in the swiss trade register.
The credit recommendation for this business is:
10.000
OVERVIEW
|
YEAR
OF FOUNDATION |
2003 |
|
YEAR
OF INCORPORATION |
2003 |
|
LEGAL
TYPE |
Joint
stock company |
|
CAPITAL |
100.000 |
|
EMPLOYEES |
4 |
|
LINE
OF BUSINESS |
NON
BULK PETROLEUM WHOLESALERS |
|
SIC-CODE(S) |
5172 / 6221 |
MANAGEMENT
BOARD OF
DIRECTORS
-
Christian Barbey, of Chene-Bougeries, in Geneve
Sole member with sole signature, since
12.02.2003
SENIOR
MANAGEMENT
-
Kathryne Benenson, of United Kingdom, in Geneve
Authorized Agent with joint signatory, since
24.11.2003
-
Cherif Farah, of Le Grand-Saconnex, in Geneve
Authorized Agent with signing authority,
since 24.11.2003
-
Bernard Bloch, of Geneve, in Chene-Bourg
Authorized Agent with joint signatory, since
08.04.2004
MANAGEMENT
Management
is in the hands of:
-
Christian Barbey
CORPORATE STRUCTURE
Private
shareholders
Not disclosed.
COLLECTIONS
Any check for outstanding debt recovery action requires written proof of interest according to Article 8 of Swiss Bankruptcy Law.
On
presentation of proof of interest it was possible to check for debt recovery
action. At the date shown below, there was no legal action outstanding.
Search
as of: 12.05.2003 in: Genf
PAYMENT REFERENCES
MODE OF
PAYMENTS
Trade
payment is not the subject of complaint.
BANKERS
Unknown
FINANCIALS
NOMINAL
CAPITAL: 100.000, fully paid up
ISSUED
CAPITAL: 100.000
TYPE
OF SHARES: 100 bearer shares at
CHF 1'000.--
INCOME TAX
Due
to tax law exemptions within the Canton of Geneva no tax figures are available
for subject.
FINANCIAL FIGURES (COMPANY)
Financial
figures from the Balance Sheet and Profit and Loss Account are not announced
for this business.
AUDITORS
Fiduciaire
Verifid SA, Geneve
HISTORY
This
joint stock company was founded in February 2003 (date of statutes 17.1.03).
Registered
as a joint stock company since 12 February 2003.
ACTIVITY
LINE OF
BUSINESS
-
NON BULK PETROLEUM WHOLESALERS
-
COMMODITY CONTRACTS BROKERS & DEALERS
SIC-CODE(S): 5172 / 6221
ACTIVITY AS
DESCRIBED IN THE TRADE REGISTER
Intenational
trade in the field of petrol and its derivate products, including all kinds of
raw materials. Subject matter does not engage in any business in Switzerland.
MARKETING AREAS
-
IMPORT/EXPORT
-
EXPORT QUOTE IN % OF TURN OVER: 100 %
CLIENTELE
-
INDUSTRIE
EMPLOYEES: 4 ca.
REAL ESTATE
Real
estate does not appear to be owned by subject.
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 |
|
NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
|