MIRA
INFORM REPORT
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Report Date : |
15.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
CHEMGO ORGANICA AG |
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Registered Office : |
Postfach,
4003 Basel/BS |
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Country : |
Switzerland |
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Date of Incorporation : |
13-10-1978 |
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Legal Form : |
Joint Stock
Company |
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Line of Business : |
Trade in
Fine Chemicals |
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
20.000 |
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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 20.000,-- |
Name
Chemgo
Organica AG (Chemische Rohstoffe)
Legal domicile
Leonhardsgraben
36
4051 Basel/BS
Business address
Postfach
4003
Basel/BS
Switzerland
Telephone: 061
2649564
Fax: 061
2649575
Homepage: www.chemgo.ch
E-Mail: info@chemgo.ch
All amounts in
this report are given in Swiss Francs (CHF) unless otherwise stated.
GENERAL COMPANY DATA
OFFICIAL DATA:
Legal
form: Joint stock company
First
Publication: 13-10-1978
Last
Publication: 04-01-2008
Year founded: 1976
Share
capital: 600.000
Paid up: 600.000
Divided
into: 1.200 Registered shares of 500
The transfer of registered shares is
restricted by
regulations contained in Statutes.
History: 26-06-1996 600.000 Capital increase
100.000 Previous capital
Shareholders
----
Company Management
Christian
Leemann
ACTIVITY
Line of
business: Trade in fine chemicals
Sector: Wholesale
Activity:
The company is
involved in the trading of pharmaceutical substances and intermediate products
as well as organic fine grade chemicals.
Chemgo
Organica AG has various foreign representations.
Trading area
Switzerland,
International
Import/Export
The company is
active in Import and Export.
Export: 10% of total turnover EEC
countries
Import: 90% of total purchases
America, EEC countries, Asia
EMPLOYEES
Number of
employees: 9
Full time:
7
Part time:
2
PAYMENT AND FINANCIAL
DATA
PAYMENT EXPERIENCES:
Legal
actions: Information only
available against proof of interest.
There are no
complaints about the mode of payment and business conduct.
Since the
company purchases almost all of its goods from outside Switzerland, there is a
lack of comprehensive experience as regards the payment conduct. Large-scale
financial transactions should therefore preferably be safeguarded by appropriate
securities or capital guarantees.
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)
Bank CIAL
(Schweiz) AG, Basel
Auditors
Stephan
Revisions AG, Muttenz
Premises
The premises
at the above mentioned address are rented.
Real estate property
No real estate
is owned.
Fiscal taxation
No information
is available due to the local tax authority regulation.
COMPANY AND PERSON
RELATIONS
COMPANY CONNECTIONS:
Shareholder(s):
Peter F. Straus, London.
S + D Group, London, United Kingdom/GB.
Peter F. Straus
is also CEO of the English S + D Group. This group has office in 15 countries
worldwide. More detailed information to this group are not available.
Investments
No investments
apparent.
BOARD OF DIRECTORS
John David
Goldsmith, from Basel, in
Pfaeffikon/SZ/Switzerland,
President,
sole signature.
Christian
Leemann, from Basel, in
Basel/BS/Switzerland,
Managing
Director, collective signature.
Dr.
Jean-Claude Bouillie, from France, in
Vincennes/France,
Member.
Dr. George Matthewson
Clarke, from United Kingdom,
in
Bottmingen/BL/Switzerland,
Member.
Peter F.
Straus, from United Kingdom, in
London/United
Kingdom,
Member, sole
signature.
MANAGEMENT
Thomas
Asprion, from Wahlen bei Laufen, in
Wahlen/BL/Switzerland,
Vice Director,
collective signature.
Liliane
Karrer, from Alt. St. Johann, Roeschenz, in
Laufen/BL/Switzerland,
Vice Director,
collective signature.
Doris
Elisabeth gen. Lisa Ihegboro-Rupp, from
Sargans, in
Allschwil/BL/Switzerland,
Authorised
signatory, collective signing
authority.
PERSONNEL INFORMATION:
The
aforementioned persons enjoy a good reputation in business affairs.
FURTHER
MANDATES:
John David
Goldsmith:
- Anne
Frank-Fonds, Basel
- Societe
Immobiliere Montauroux SA Bale, Basel
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%)