MIRA
INFORM REPORT
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Report Date : |
27.06.2008 |
IDENTIFICATION
DETAILS
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Name : |
LANDMARK CHEMICALS S.A. |
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Registered Office : |
Case postale
1015, 1001 Lausanne/VD |
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Country : |
Switzerland |
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Date of Incorporation : |
02.11.1968 |
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Legal Form : |
Joint Stock
Company |
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Line of Business : |
Produits
Chimiques |
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
1.000.000 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Name
Landmark
chemicals SA
Line of Business
Produits
chimiques
Legal domicile
Place de la
Gare 10
1003
Lausanne/VD
Business address
Case postale
1015
1001
Lausanne/VD
Switzerland
Telephone: 021 3234733
Fax: 021 3231680
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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 1.000.000,-- |
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
Registration: 02-11-1968
First
Publication: 08-11-1968
Last
Publication: 28-05-1997
Share
capital: 50.000
Paid up: 50.000
Divided
into: 50 Bearer shares of 1.000
Shareholders: Information
about the shareholders was not
possible to determine.
Company Management
Carlos Roberto
Eberlein
ACTIVITY
Line of
business: Chemical products
Activity:
The company is
engaged in the area of petro chemicals and pharmaceutical products on an
international basis.
The principal
activities carried out in Switzerland are those of invoicing and accounting,
together with a number of administrative functions.
Trading area
Worldwide
EMPLOYEES
Number of
employees: 5
PAYMENT AND FINANCIAL DATA
PAYMENT EXPERIENCES:
Legal
actions: No legal actions,
distraints or loss certificates registered.
Report from
23-03-2004, in 1000 Lausanne.
A current check
of the legal actions requires a document of justification with a legitimate
signature.
The business
conduct is considered very good and the current liabilities are fulfilled on
time.
The rent is
paid promptly.
FINANCIAL DATA
Financial
position: The financial situation is considered good and in order.
Financial
Statements: The company provides no
financial statements.
The company
states that the sales are in excess of CHF 400,000,000.
Banker(-s)
UBS Ltd, 1200
Geneve
Banque Mees Piersen,
Amsterdam
Bank of
America, Amsterdam
Auditors
CFT Compagnie
Fiduciaire Temko Lausanne, Lausanne
Premises
The premises at the above mentioned address are rented. The annual rent amounts to CHF 70.000.
Manager :
Cogestim SA, Lausanne
Fiscal taxation
Year Income Net Worth
1995/1996 15.300 5.382.000
COMPANY AND PERSON RELATIONS
COMPANY CONNECTIONS:
Based on the
information available to us, the company is part of a reknown group outside
Switzerland. The name of the group is however not disclosed to third parties.
BOARD OF DIRECTORS
Roland
Lavanchy, from Savigny, Cully, in
St-Sulpice
VD/VD,
Sole Member,
sole signature.
MANAGEMENT
Carlos
Eberlein, from Winterthur, in Savigny/VD,
Authorised
signatory, collective signing
authority.
Bertrand
Weill, from Fontainemelon, in Le
Mont-sur-Lausanne/VD,
Authorised
signatory, collective signing
authority.
PERSONNEL INFORMATION
Roland Lavanchy
was born on 21 December, 1924. He is married and family father. He is resident
in a privately owned home in 1025 Saint-Sulpice, at chemin des Sauges 7 in
Saint Sulpice.
For many years
he was Chairman of the Board of Directors of Intermandat SA, a trust company,
based at the address Petit-Chene 38, Lausanne. He has reached retirement age.
His financial situation is solid.
Carlos
Eberlein lives in 1073 Molli-Margot, chemin de la Taille 8. He has a degree in
business administration.
Bertrand
Weill, born on 22 April 1953, is resident in 1052 Le Mont-sur-Lausanne, chemin
de la Valleyre 42.
He is a tax
expert by profession and member of of Board of Directors with collective
signature of Intermandat SA Societe Fiduciaire.
The top-level
members of the management enjoy a good reputation in business affairs.
FURTHER MANDATES:
Carlos Roberto
Eberlein:
- Dupertuis
Electronique SA, Lausanne
- El Carreton
Sarl, Lausanne
- Fondation
pour enfants abandonnes "Les Enfants de l'Esperance",
Lausanne
Bertrand Weill:
- FRANMIC
Sarl, Lausanne
- Fondation
Else et Evsey Rashba, Lausanne
- GREENWOOD
GROUP SA, Lausanne
- InnovAroma
SA, Geneve
- ORFA Audit
SA, Aigle
etc.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.42.79 |
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UK Pound |
1 |
Rs.85.04 |
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Euro |
1 |
Rs.67.34 |
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%)