MIRA
INFORM REPORT
|
Report Date : |
05.12.2008 |
IDENTIFICATION
DETAILS
|
Name : |
FERRARI
EXPEDITIONS SA |
|
|
|
|
Formerly Known as : |
FERRARI SPEDIZIONI INTERNAZIONALI SA |
|
|
|
|
Registered Office : |
Via Mulini
6934 Bioggio |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Date of Incorporation : |
09.06.1999 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Gold and Goods Transports |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
overall assessment:
|
|
|
|
Business connections are
permissible |
|
detail
assessment: |
payments: |
|
|
Regular |
Name of the company
Ferrari
Expeditions SA
Line of Business
Internationale
Transporte
Legal domicile
c/o zona industriale
via La
Campagna
6992
Bioggio/TI
Business address
via Mulini
6934 Bioggio
Switzerland
Telephone: 091 6101660
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: 09-06-1999
First
Publication: 15-06-1999
Last
Publication: 20-10-2008
Share
capital: 350.000
Paid up: 350.000
Divided
into: 35.000 Bearer shares of 10
History: 28-12-2001 350.000 Capital increase
100.000 Previous capital
Direct Parent com.: Ferrari SPA, Alessandria, Italy/IT.
Company Management: Corrado
Deiana
Registered name
01-03-2002 Ferrari Expeditions SA
Previous Ferrari Spedizioni
Internazionali SA
Registered domicile 03-05-2001,
Switzerland/CH
Previous,
Switzerland/CH
ACTIVITY
Line of
business: Gold and goods transports
Sector: Commercial and industrial
services
Activity:
The company is
dedicated to the transport of gold and goods.
Major clients
are GUCCI and BULGARI.
The company has
over 31 branch locations throughout the world.
Locations:
Location of branches: Geneve, Neuchatel, Manno.
The
Neuchatel-based branch is entered in the commercial register.
The branch
outlets are located at the following addresses:
- Via Cantonale,
6928 Manno
- Aeroport,
1215 Geneve 15
- Rue de
Monruz 34, 2000 Neuchatel
EMPLOYEES
Number of
employees: 30
The entire
group employs 500 people.
PAYMENT AND FINANCIAL DATA
PAYMENT EXPERIENCES:
Legal
actions: No legal actions, distraints
or loss certificates registered.
Report from
20-10-2004, in 6900 Lugano.
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.
Takeover from: Ferrari Neuchatel SA
2000 Neuchatel/NE
Type: Take over as a result of merger
Registered on: 28-12-2001
Contract date: 10-12-2001
Balance Sheet per: 31-12-2000
Assets: 2.149.524
Liabilities: 1.879.510
Take over price: 270.014
Takeover from: Ferrari Expedition SA
1218 Le Grand-Saconnex/GE
Type: Take over as a result of merger
Registered on: 28-12-2001
Contract date: 10-12-2001
Balance Sheet per: 31-12-2000
Assets: 1.731.284
Liabilities: 983.258
Take over price: 748.026
Banker(-s): Not
known
Auditors:
Fidea SA, Chiasso
Fiscal taxation: No information
is available due to the local tax authority regulation.
COMPANY AND PERSON RELATIONS
COMPANY CONNECTIONS:
Direct Parent com.: Ferrari
SPA, Alessandria, Italy/IT.
BOARD OF DIRECTORS:
Dr. Patrizia Ferrari
Soragni, from Chiasso,
Tremona, in
Besazio/TI/Switzerland,
President, sole
signature.
Ivana Bevilacqua, from
Italy, in
Morcote/TI/Switzerland,
Member, sole signature.
Corrado Deiana, from
Italy, in
Morcote/TI/Switzerland,
Member, Director, sole
signature.
PERSONNEL INFORMATION
Dr. Patrizia
Ferrari Soragni, born on 07-06-1964 is married to Marco
Soragni and
lives at Via Cabella in 6863 Besazio.
She features
on the Boards of more than 30 companies, in most of which
she is however
believed to merely represent the interests of the
beneficial
shareholders.
Mr Corrado
Deiana was born on 26 May 1976. He is resident in 6922
Morcote.
There are no
detrimental reports on the mentioned persons' business
conduct.
COMMENTS:
Regarding your
request on Rte des Jeunes 4 Bis/2, 1227 Les accacia
Geneva:
----------------------------------------------------------------
At such an
address in Geneva it is impossible for third parties to
determine any
business activities of Ferrari Expeditions SA. As has been
referred to in
this report, there exists a branch outlet in Geneva at
the following
address:
- Ferrari Expeditions
SA
Aeroport
1215 Geneve 15 Aeroport GE
Phone 022 798 82 60
Fax
022 791 06 50
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.69 |
|
UK Pound |
1 |
Rs.72.96 |
|
Euro |
1 |
Rs.63.46 |
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. |
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 |
|
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%)