MIRA INFORM REPORT

 

 

Report Date :

02.04.2011

 

IDENTIFICATION DETAILS

 

Name :

LEVI'S FOOTWEAR & ACCESSORIES (SWITZERLAND) SA

 

 

Registered Office :

Via alla Campagna 6934 Bioggio

 

 

Country :

Switzerland

 

 

Date of Incorporation :

21.02.1996

 

 

Com. Reg. No.:

660.0.321.996-0 / 371468

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

Wholesale of clothing and footwear

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

CHF 15'000

 

 

Status :

Moderate

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – December 31, 2010

 

Country Name

Previous Rating

(30.09.2010)

Current Rating

(31.12.2010)

Switzerland

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Name and address

 

Levi's Footwear & Accessories (Switzerland) SA

 

Operating address:

Via alla Campagna

6934 Bioggio

Switzerland/CH

 

Telephone:                    091 6115171

Fax:                             091 6001855

 

WIN Worldbox No.:        CH0002910504

VAT-No.:                      CHE-103.429.067

 

 

Profile

 

Established:                  1996

Line of Business:           Consumer goods wholesale

Industry Division:           Wholesale trade

Industry-code (NACE):   4642       Wholesale of clothing and footwear

Import/Export:               Import

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                     Company

Figures:                        approximately

Employees:                  6

 

 

Activity

 

The business activities includes trading in shoes, clothing and accessories.

 

 

Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:                660.0.321.996-0 / 371468

Legal form:                    Company limited by shares

Registration:                 21.02.1996

Legal status:                 active

Responsible Register:    Registro di commercio del Cantone Ticino (since 18.12.2000)

Auditor:                        PricewaterhouseCoopers SA (CH-514.9.014.248-1), Lugano

History:                        Date of Statutes: 18.12.2000

                                    Date of Statutes: 12.04.1999

                                    Date of Statutes: 20.04.1998

                                    Date of Incorporation Statutes: 16.02.1996

                                    Date of Statutes: 30.09.2009

                                    Date of Statutes: 06.07.2009

                                    Date of Statutes: 01.10.2007

                                    Date of Statutes: 28.01.2005

 

Entry          Deleted      Name

07.10.2009                    Levi's Footwear & Accessories (Switzerland) SA

                  07.10.2009  The DC Company (Switzerland) SA

 

Entry          Deleted      Legal domicile

18.12.2000                    Bioggio, Switzerland

 

Entry          Deleted      Address

18.12.2000                    Via alla Campagna, Centro Nord-Sud, 6934 Bioggio/TI, Switzerland/CH

 

Entry          Deleted      Capital

07.10.2009                    Share Capital CHF 250'000, paidup CHF 250'000

                  07.10.2009  Share Capital CHF 5'000'000, paidup CHF 5'000'000

 

Entry          Deleted      Capital Structure

07.10.2009                    250 Registered shares of CHF 1'000.--

                  07.10.2009  5'000 Registered shares of CHF 1'000.--

 

Entry          Deleted      Activity (original Language)

active                           Operazioni di compra-vendita, attività di marketing in Svizzera con marchio proprio o con licenza per marchio, in modo particolare nel campo dell'industria di vestiario, della calzatura, dell'abbigliamento e degli accessori.

 

Entry          Deleted      Remarks (original Language)

active                           Publishing authority: FUSC.

07.10.2009                    Capital: Riduzione del capitale azionario ai sensi dell'art. 732 CO da CHF 5'000'000.-- a CHF 250'000.--, mediante annullamento e rimborso agli azionisti di 4'750 azioni nominative da CHF 1'000.--. Le formalità previste dall'art. 734 CO sono state constatate con atto pubblico del 30.09.2009.

 

Official Administration

 

Title                                           Name

President                                    Stefano di Martino, Origin: Italy, Address: Basiglio, Italy, single signature

Executive Director                        Arne Fensky, Origin: Germany, Address: Würenlingen/AG, Switzerland, single signature, Appointment: 07.10.2009

Executive Director                        Roberto Carnabuci, Origin: Italy, Address: Malgrate, Italy, single signature

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Stefano di Martino

 

 

Owner/-s

 

Owner:                         The company is privately owned.

 

 

Investments

 

It is believed that the company has no investments.

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

16.07.2009          2009                           0

22.11.2005          2005                           0

22.11.2005          2004                           0

22.11.2005          2003                           0

22.11.2005          2002                           0

22.11.2005          2001                           0

 

An updated legal action check is only available against proof of interest. e.g. a copy of an enquiry letter, and order or invoice relating to the subject company.

 

 

Credit Information

 

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.

 

Financial Situation:        The financial situation is considered to be in order.

 

Payment experiences:   There are no objections regarding the payment of financial obligations.

 

Maximum Credit:           CHF 15'000.--

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.65

UK Pound

1

Rs.71.93

Euro

1

Rs.63.24

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

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%)

 

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.