MIRA INFORM REPORT

 

 

Report Date :           

05.04.2011

 

IDENTIFICATION DETAILS

 

Name :

MONTANSTAHL SA

 

 

Registered Office :

Via Gerrette 4, Casella postale 26, 6855 Stabio

 

 

Country :

Switzerland

 

 

Date of Incorporation :

09.08.1984

 

 

Com. Reg. No.:

524.3.007.382-9 / 121815

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

Production of hot, cold rolled, cold drawn and laser beam welded special sections in steel

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Maximum Credit Limit :

CHF 300'000

Status :

Satisfactory

Payment Behaviour :

Regular

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

 


 

COMPANY NAME

 

Montanstahl SA

 

 

Operating address

 

Via Gerrette 4

Casella postale 26

6855 Stabio

Switzerland/CH

Telephone:                    091 6416800

Fax:                             091 6416804

Web site:                      http://www.montanstahl.com

E-mail:                         info@montanstahl.com

VAT-No.:                      CHE-108.125.574

 

 

Profile

 

Established:                  1983

Line of Business:           Metal/steel

Industry Division:           Manufacturing

Industry-code (NACE):     2599     Manufacture of other fabricated metal products n.e.c.

Import/Export:               Import, Export

Quality certification:       ISO 9001:2000 (since 2005)

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                     Company

Figures:                        approximately

Financial year:              2009

Employees:                  200

Sales:                          CHF 100'000'000.--

 

 

Activity

 

The company is active in Production of hot, cold rolled, cold drawn and laser beam welded special sections in steel. Products: equal leg angles, unequal leg, angles, tapered channels, non-tapered channels, I beams, H beams, tees, zees, cold drawn flats, key steel, half rounds, half ovals.

 

 

Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:                524.3.007.382-9 / 121815

Legal form:                    Company limited by shares

Registration:                 09.08.1984

Legal status:                 active

Responsible Register:    Registro di commercio del Cantone Ticino

Auditor:                        Refiscon SA, Lugano

History:                        Date of Incorporation Statutes: 22.03.1983

                                    Date of Statutes: 18.06.1996

                                    Date of Statutes: 24.05.1988

                                    Date of Statutes: 08.08.1984

 

Entry            Deleted   Name

active                           Montanstahl SA

 

Entry            Deleted   Legal domicile

06.08.1996                    Stabio, Switzerland

                    06.08.1996  Lugano, Switzerland

 

Entry            Deleted   Address

active                           6855 Stabio/TI, Switzerland/CH

 

Entry            Deleted   Capital

active                           Share Capital CHF 1'000'000, paidup CHF 1'000'000

 

Entry            Deleted   Capital Structure

active                           1'000 Bearer shares of CHF 1'000.--

 

Entry            Deleted   Activity (original Language)

25.05.1988                    La produzione, vendita e commercializzazione di profilati in acciaio e prodotti similari, nonché di impianti industriali per il trattamento e la lavorazione di metalli.

 

Entry            Deleted   Remarks (original Language)

active                           Publishing authority: FUSC.

27.04.2004                    Merger: La società ha assunto, sulla base del contratto di fusione del 19.04.2004, la "Société Immobilière Rossella SA", in Chiasso (FUSC no. 62 del 01.04.2003 p.15), giusta l'art. 748 CO. Bilancio di fusione: 31.12.2003. Attivo: CHF 542'542,75. Passivo: CHF 535'542,75. Attivo netto CHF 7'000.-- La fusione avviene senza alcuna controprestazione in quanto la società è già detentrice dell'intero pacchetto azionario della società assorbita.

19.06.1996                    Note: Gli statuti sono pure stati modificati su altri punti non soggeti a pubblicazione, nuovo diritto.

Official Administration

 

Title                                             Name

President                                    Wolfgang Stumm, Origin: Germany, Address: 6900 Lugano/TI, Switzerland, joint signature of two

Executive Director                       Michael Stumm, Origin: Germany, Address: 6948 Porza/TI, Switzerland, joint signature of two

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Wolfgang Stumm (w.stumm@montanstahl.com)

Chief Marketing & Sales Officer    Michael Stumm (m.stumm@montanstahl.com)

 

 

Owner/-s

 

No. of Owner/-s:            2

Owner:                         The company is in family ownership.

 

Class:                          unknown

Name:                          Wolfgang Stumm

City/Country:                 Lugano, Switzerland/CH

 

Class:                          unknown

Name:                          Michael Stumm

City/Country:                 Porza, Switzerland/CH

Interest:                        0.00% capital interest

 

 

Investments

 

It is believed that the company has no investments.

 

 

Remarks

Debt collection case:

MAY 2002: CHF 1'080.--, cancelled by the Creditor.

 

 


Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

29.03.2011          2011                           0

03.08.2009          2009                           0

03.08.2009          2008                           0

03.08.2009          2007                           0

03.08.2009          2006                           0

03.08.2009          2005                           0

15.04.2005          2004                           0

15.04.2005          2003                           0

15.04.2005          2002                           1                         81'697.-- Paid legal actions

15.04.2005          2001                           0

15.04.2005          2000                           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 in order.

 

Payment experiences:   Payment habits are considered good.

 

Maximum Credit:           CHF 300'000

 

 




 

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

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

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