MIRA
INFORM REPORT
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Report Date : |
22.07.2008 |
IDENTIFICATION
DETAILS
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Name : |
TRAMMOCHEM AG |
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Registered Office : |
Bahnhofstrasse 1, 8852
Altendorf/SZ |
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Country : |
Switzerland |
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Date of Incorporation : |
17.04.1979 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Trading of Chemical Raw Materials, especially Petrochemicals. |
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 15.000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Detail
assessment: |
Payments: |
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The financial affairs are considered to be in order. |
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Individual
credit limit*: |
EUR 15.000.-- |
Name
Trammochem AG
Line of Business
Rohstoffhandel
Legal domicile
Bahnhofstrasse 1
8852 Altendorf/SZ
Switzerland
Telephone: 055 4511444
Fax: 055 4511464
Homepage: www.trammochem.com
CREDIT ADVICE
Credit opinion: A maximum credit
of EUR 15.000 is considered in order.
This credit advice is based on information available at the time of
conducting the research, being 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
First Publication: 17-04-1979
Last Publication: 13-04-2006
Share capital: 250.000
Paid up: 250.000
Divided into: 250 Shares of 1.000
Shareholders:
Direct Parent com.: Transammonia
Inc., New York, America/US with a share of 100%.
Company Management: Paul F.
Brunner
ACTIVITY:
Line of business: Trade of
raw materials.
Sector: Wholesale
Activity:
The company is dedicated to the worldwide trading of chemical raw materials,
especially petrochemicals.
Trading area:
International
EMPLOYEES:
Number of employees: 9
Full time: 8
Part time: 1
The group is employing 350 to 400 persons.
PAYMENT AND FINANCIAL DATA
PAYMENT EXPERIENCES:
Legal actions: No legal
actions or distraints are registered.
Report from 10-06-2005, in 8853 Lachen.
0 0 0
No. Amount No. Amount No. Amount
Report from 04-03-2003, in 8852 Altendorf.
Report from 07-03-2001, in 8852 Altendorf.
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.
In view of the nature of the company's activity there is however a lack
of referential experience as regards the business and payment conduct.
For extensive financial transactions the company should therefore be
capable of providing appropriate guarantees or sureties.
FINANCIAL DATA:
Financial position: The
financial affairs are considered to be in order.
Financial Statements: The company does not disclose any financial
statements.
Third parties are however not permitted any insight into the financial
affairs. It is therefore very difficult to check the actual situation.
Banker(-s): UBS Ltd, 8000
Zuerich
Auditors: Deloitte AG, Zuerich
Premises: The premises at the above mentioned address are rented.
Real estate property: No real estate is owned.
COMPANY AND PERSON RELATIONS
COMPANY CONNECTIONS:
Direct Parent com.:
Transammonia Inc., New York, America/US with a share of 100%.
The parent company is the "head" of the Transammonia Group.
The latter employs world wider 350-400 people in more than twenty countries. In
2006 the group reportedly generated a turnover of US$ 5.7 billion.
Investments : No investments apparent.
BOARD OF DIRECTORS:
Paul F. Brunner, from United Kingdom, in Kilchberg/ZH/Switzerland,
President and Managing Director, sole signature.
Hans-Joerg
Oberli, from Lenzburg, Buelach, in Buelach/ZH/Switzerland,
Secretary, sole signature.
Jakob gen.
Jacques Aeberli-Hasler jun., from Maennedorf ZH, in Zollikon/ZH/Switzerland,
Member, collective signature.
Peter Baumann, from Linden BE, Zollikon ZH, in
Pfaeffikon/SZ/Switzerland,
Member, sole signature.
MANAGEMENT:
Ashok Kumar Kishore, from India, in Pfaeffikon/SZ/Switzerland,
Authorised signatory, sole signing authority.
PERSONNEL INFORMATION:
Paul F. Brunner is married to Christine and lives at the Alte
Landstrasse 128 in 8802 Kilchberg.
There are no derogatory reports on the company's business conduct.
FURTHER
MANDATES:
Paul F.
Brunner:
- Trammo
Trading AG, Altendorf
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.42.78 |
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UK Pound |
1 |
Rs.85.51 |
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Euro |
1 |
Rs.67.90 |
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%)