MIRA
INFORM REPORT
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Report Date : |
09.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
LUWA AIR ENGINEERING AG |
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Registered Office : |
Wilstrasse 11 8610 Uster / ZH |
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Country : |
Switzerland |
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Date of Incorporation : |
20-12-2004 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Air Treatment And Air Distribution Systems. |
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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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Overall
assessment: |
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Business connections are
permissible |
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Detail
assessment: |
Payments: |
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Regular |
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Individual
credit limit*: |
EUR 100.000,-- |
*KSV individual credit
limit is to be understood as the highest possible engagement for a supplier
delivering goods or rendering
services on open terms with an average respite of 60 days.
Name
Luwa Air Engineering AG
Line of Business
Lueftungs- und Klimaanlagen
Legal domicile
Wilstrasse 11 8610 Uster/ZH Switzerland
Telephone :
044 9435555
Fax :
044 9435556
Homepage :
www.luwa.com
E-Mail :
info@luwa.com
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: 20-12-2004
First Publication: 24-12-2004
Last Publication: 06-11-2007
Created by: The company
was newly established.
Share capital: 950.000
Paid up: 950.000
Divided into: 950.000
Registered shares of 1
History: 950.000 Capital increase
100.000 Capital by
incorporation
Shareholders:
Direct Parent com.: Zellweger
Luwa AG, 8610 Uster/ZH, Switzerland/CH
with a share of 100.
Company Management: Thomas Trauttmansdorff
Registered name 07-08-2007 Luwa
Air Engineering AG
Previous
Luwa Textile Air Engineering AG
Registered translations of the Company
name:
English
Luwa Air Engineering Ltd
French Luwa
Air Engineering SA
ACTIVITY:
Line of business: Air treatment and air distribution
systems.
Sector: Manufacture
Activity:
The company is engaged in the conception and
the maintenance of air treatment and air distribution systems for the textile
industry.
In the production place in Muri elements
for the above systems are being produced.
Locations: Location of branches: Muri.
In Muri is located the production place of
Luwa Air Engineering AG. This subsidiary is registered in the Swiss Trade
Register.
Trading area: Foreign/Abroad
Import/Export: *** ERROR FT08B ***
EMPLOYEES:
Number of employees: 87
The entire Group employs around 300 employees.
PAYMENT AND FINANCIAL DATA
PAYMENT EXPERIENCES:
Legal actions: Information only available against proof of interest with a
valid signature.
There are no complaints about the mode of
payment and business conduct.
Since the company mainly has furnishers
abroad, it was not possible to verifiy the mode of payment.
Luwa Air Engineering AG, Uster
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): Various major banks local branches
Auditors: BDO Visura, Zuerich
Premises: The premises at the above mentioned address are
rented.
COMPANY
AND PERSON RELATIONS
COMPANY CONNECTIONS:
Direct Parent com.: Zellweger Luwa AG, 8610 Uster/ZH,
Switzerland/ CH with a share of 100.
According to the information made
available to us, Zellweger Luwa AG is being controlled by Hesta AG in Zug.
It was not possible to verify the share
holders proportionality.
The requested company has daughter
companies in India, Singapore and China, which are active in the same field.
BOARD OF DIRECTORS:
Raimund Koenig, from Germany, in
Gruenwald/Germany,
President, collective signature.
Benno Vonarburg, from Langnau b. Reiden,
Hitzkirch, in Erlenbach/ZH/Switzerland,
Vice President, collective signature.
Dr. Wolfgang Zuercher, from Menzingen, in
Zug/ZG/Switzerland,
Member, collective signature.
MANAGEMENT:
Thomas Trauttmansdorff, from Austria, in
Muenchen/Germany,
Director,
collective signature.
Walter A. Bollier, from Adliswil, Zuerich, in
Adliswil/ZH/Switzerland,
Authorised
signatory, collective signature.
Luwa Air Engineering AG, Uster
Peter Fallegger, from Hasle LU, in
Uster/ZH/Switzerland,
Authorised signatory, collective
signature.
Roman Faeh, from Amden, in Hittnau/ZH/Switzerland,
Authorised signatory, collective
signature.
Markus Hilpert, from Zuerich, in
Kloten/ZH/Switzerland,
Authorised signatory, collective
signature.
Riet Schlegel, from Scuol, in
Staefa/ZH/Switzerland,
Authorised signatory, collective
signature.
Markus Schraner, from Zuerich, Sulz AG, in
Buenzen/AG/Switzerland,
Authorised signatory, collective
signature.
Martin Weber, from Zuerich, in
Gossau/ZH/Switzerland,
Authorised signatory, collective
signature.
PERSONNEL INFORMATION:
Raimond Koenig lives in Gruenwald
(Germany). We have no more detailed information on his behalf.
Benno Vonarburg was born on 01.11.1954 and
lives at the address Sandfelsenstrasse 7 in 8703 Erlenbach.
Dr. Wolfgang Zuercher was born 1965 and
lives at the address Zugerbergstrasse 21 in 6300 Zug. He is member of the Board of 15 companies.
There are no detrimental reports on the company
executives' business conduct.
FURTHER MANDATES:
Benno Vonarburg:
- Luwa AG, Uster
- Otto Wild AG, Muri
- Zellweger Luwa AG, Uster
- Hema Management AG, Kuesnacht
- Zellweger Luwar Betriebs AG, Uster
Dr. Wolfgang Zuercher:
- AG fuer Liegenschaften und Hypotheken, Zug
- GRUEEZI Invest AG, Zug
- Lupus Holding AG, Zug
- Originize Holding AG, Zug
- Varel AG, Basel
etc.
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. |
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%)