MIRA
INFORM REPORT
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Report Date : |
18.06.2007 |
IDENTIFICATION DETAILS
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Name : |
FEEDCO SA |
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Registered Office : |
Bd
Helvetique 31, 1207 Geneve/GE |
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Country : |
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Date of Incorporation : |
02-06-2003 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
It is
engaged in the international trade of oil products, especially raw materials
for lubricants. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
EUR 30000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
Detail assessment: |
Payments: |
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There
are no complaints about the mode of payment and business conduct. |
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Individual credit limit*: |
EUR 30.000.-- |
Name
FEEDCO SA
Line of Business
Commerce de petrole
Legal domicile
Bd Helvetique 31
1207 Geneve/GE
Telephone :
022 7374141
Fax :
022 3454144
E-Mail :
geneva@feedco.ch
CREDIT ADVICE
Requested credit: Maximum credit
Credit opinion : A maximum credit amount of EUR 30.000 can be taken into
consideration.
This credit advice is based on information
available at the time of conducting the research, 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: 02-06-2003
First Publication: 12-02-2003
Last Publication: 08-04-2004
Share capital: 100.000
Paid up: 100.000
Divided into: 100
Bearer shares of 1.000
Shareholders: Information
about the shareholders was not possible to determine.
Company Management: Chrstian Barbey
ACTIVITY:
Activity:
The subject does not have business activities
in
Export: Europe,
EMPLOYEES:
Number of employees: 4
PAYMENT AND FINANCIAL DATA
PAYMENT EXPERIENCES:
Legal actions: No legal actions, distraints or loss
certificates registered.
Report from 12-05-2003,
in 1200 Geneve.
A current check of the legal actions
requires a document of justification with a legitimate signature.
There are no complaints about the mode of
payment and business conduct.
FINANCIAL DATA:
Financial position: The financial affairs are considered to be
in order.
Financial Statements: The company does not
disclose any financial statements.
Banker(-s): Cantonal
Bank of
Credit Suisse (CS), 1200 Geneve
BNP Paribas (Suisse) SA, Geneve
Auditors:
Fiduciaire Verifid SA, Geneve
For the rental of the location at the header
address in Geneva Christian Barbey signed a contract on 1 January 2003. The
location comprises 3.5 rooms on the third floor, the monthly rent is CHF
2,600.-- + CHF 160.-- extra charges. The rent is paid on a regular basis.
Fiscal taxation : No information is available due to the local
tax authority regulation.
COMPANY AND PERSON RELATIONS
COMPANY CONNECTIONS:
BOARD OF DIRECTORS:
Christian Barbey, from Chene-Bougeries, in
Geneve/GE/Switzerland,
Sole Member, sole signature.
MANAGEMENT:
Kathryne Benenson, from
Authorised signatory, collective signing
authority.
Bernard Bloch, from Geneve, in Chene-Bourg/GE/Switzerland,
Authorised signatory, collective signing
authority.
Cherif Farah, from Le Grand-Saconnex, in Geneve/GE/Switzerland,
Authorised signatory, sole signing
authority.
PERSONNEL INFORMATION:
Christian Barbey was born on 27 February
1955. He lives at the address ch. de Chantefleur
53, 1234 Vessy.
In addition he is also administrator with collective signature of the
company "H Conseil SA, conseil en publicite", Thonex and partner with
collective signature, with a capital participation of CHF 4,000.--, of
Green Grass Productions Sarl, advisory services in sports and golf, Plan-les-Ouates.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems comparatively
below average/normal. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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 and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)