MIRA
INFORM REPORT
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Report Date : |
04.11.2008 |
IDENTIFICATION
DETAILS
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Name : |
SAPHIR
PRODUCT SA |
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Formerly Known as : |
DIAMOND
DISTRIBUTION SJ |
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Registered Office : |
C/o Philippe Dalloz Chemin du
Pommier 32 1218 Le Grand-Saconnex/GE |
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Country : |
Switzerland |
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Date of Incorporation : |
11.01.1979 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Subject is a
member of the French-based Dalloz Group, acts as a commercial link for the
company Ets Dalloz Industrie Lapidaire and is responsible for the Sale of
Sapphire Crystals in Switzerland as well as the Export Business. |
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 : |
No Complaints |
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Litigation : |
Clear |
Name of the company
Saphir Product
SA
Line of Business
Pierres
synthetiques
Legal domicile
c/o Philippe
Dalloz
Chemin du
Pommier 32
1218 Le
Grand-Saconnex/GE
Switzerland
Homepage: www.saphirproduct.ch
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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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No complaints |
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: 11-01-1979
First
Publication: 29-01-1979
Last
Publication: 17-03-2005
Share
capital: 50.000
Paid up: 50.000
Divided
into: 50 Bearer shares of 1.000
Shareholders: Shareholders are the
family Dalloz.
Company Management: Philippe
Dalloz
M. Champagne
Registered name 21-07-1999 Saphir Product SA
Previous
Diamond Distribution SJ.
ESTABLISHMENT DETAILS
Office: Rue de Geneve 84, 1004 Lausanne
Telephone: 021 6232701, Fax: 021 6232726
ACTIVITY
Activity:
Saphir Product
SA is a member of the French-based Dalloz Group, acts as a commercial link for
the company Ets Dalloz Industrie Lapidaire, founded in 1960, and is responsible
for the sale of sapphire crystals in Switzerland as well as the export
business.
The company
has a subsidiary branch at the rue de Geneve 84 in Lausanne, which was
registered in the commercial register on 3 August 1999.
EMPLOYEES
Number of
employees: 1
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.
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)
Credit Suisse
(CS), 1200 Geneve
Credit Suisse
(CS), 1000 Lausanne
UBS Ltd, 1000
Lausanne
Auditors
Fehlmann &
Associes SA, Geneve
Premises
The premises
at the above mentioned address are rented.
The building at
rue de Geneve 84 in Geneva is owned by the company Durafourg SA.
COMPANY AND PERSON RELATIONS
COMPANY CONNECTIONS:
Associated
companies: Durafourg SA, Lausanne/VD
Dalloz
Freres, France/FR
Durafourg SA
was registered in the commercial register on 10 July 1989
and operates
with a full-liberalized share capital of CHF 4,100,000.
Purpose:
trading and manufacturing of synthetic stones, etc.
Dalloz Freres
in the French Jura region conducts its activity in the
same field of
business as Durafourg SA.
The latter
employs more than 200 people.
BOARD OF DIRECTORS:
Philippe
Dalloz, from Geneve, in Le
Grand-Saconnex/GE/Switzerland,
Sole Member,
sole signature.
PERSONNEL INFORMATION:
Philippe Dalloz,
born on 15 November 1955, lives in 1218 Le
Grand-Saconnex,
at chemin du Pommier 32.
He is sole
member of the Board of Directors with individual signature of
the following
companies:
- Durafourg
SA, Lausanne
- Les Fils de
John Perret, societe anonyme, les Ponts-de-Martel
- Novo Cristal
SA, la Chaux-de-Fonds
- Philippe
Dalloz Investissements SA, Delemont
- Remy
Montavon SA, Boecourt
- Tavon
Holding SA, Boecourt
He is also a
Board member with collective signature of the following
companies:
- Bastina
Holding SA, Delemont
- TechnoCut
SA, Bassecourt
- Technopoli
SA, Bonfol
- VV SA,
Delemont
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.47.67 |
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UK Pound |
1 |
Rs.75.47 |
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Euro |
1 |
Rs.61.19 |
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%)