MIRA
INFORM REPORT
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Report Date : |
24.11.2008 |
IDENTIFICATION DETAILS
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Name : |
HEPPENSTALL TECHNOLOGY AG |
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Registered Office : |
Gewerbestrasse 5 6330
Cham/ZG |
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Country : |
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Date of Incorporation : |
17.03.2006 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Material Handling Systems |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
EUR
10.000 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Name
of the company
Heppenstall Technology AG
Line
of Business
Foerderanlagen
Legal
domicile
Gewerbestrasse 5
6330 Cham/ZG
Telephone: 041 7498000
Fax: 041 7498001
Homepage: www.heppenstall.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 |
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individual
credit limit*: |
EUR 10.000,-- |
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: 17-03-2006
First Publication: 23-03-2006
Last Publication: 23-03-2006
History:
The company was originally formed in 1889 by Sam Heppenstall in
Share capital: 250.000
Paid up: 250.000
Divided into: 250 Special
registered shares of 1.000
Direct Parent com.: Heppenstall Holding AG, 6330 Cham/ZG,
Switzerland/CH.
Company Management: Beat Stocker
ACTIVITY
Line of business: Material
handling systems
Sector: Wholesale
Activity:
The scope of business encompasses the development and international
distribution of transport and material handling systems and equipment for the
steel and aluminium industries.
Trading area: Worldwide, International
EMPLOYEES
Number of employees: 10
PAYMENT
AND FINANCIAL DATA
PAYMENT EXPERIENCES:
Legal actions: Information
only available against proof of interest.
The payment terms are not always met on time, the business conduct is
not opposed.
Large-scale financial transactions should preferably be safeguarded by
appropriate capital guarantees or securities.
FINANCIAL DATA:
Financial position: The
financial situation of the company is considered satisfactory.
Financial Statements: The company does not disclose any financial
statements.
Third parties are not permitted any insight into the financial affairs.
It is therefore difficult to make a proper assessment of the actual situation.
Banker(-s)
Credit Suisse (CS), 6300 Zug
Auditors
Treuhand von Fluee AG, Zug
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:
Direct Parent com.: Heppenstall
Holding AG, 6330 Cham/ZG, Switzerland/CH.
BOARD OF DIRECTORS:
Beat Stocker,
from Gunzwil, in
Sins/AG/Switzerland,
Sole Member, sole signature.
PERSONNEL
INFORMATION
Beat Stocker is married to Florencia Stocker Ricci, born in 1971, and
lives at Blumenweg 8 in 5643 Sins.
There are no detrimental reports on his business conduct.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.50.09 |
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1 |
Rs.74.90 |
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Euro |
1 |
Rs.63.40 |
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%)