MIRA INFORM REPORT
|
Report Date : |
22.02.2011 |
IDENTIFICATION DETAILS
|
Name : |
SELECT CHEMIE AG |
|
|
|
|
Registered Office : |
Etzelstrasse 42, Postfach 772, 8038 Zürich |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Date of Incorporation : |
06.03.1969 |
|
|
|
|
Com. Reg. No.: |
020.3.923.607-4 / 167672 |
|
|
|
|
Legal Form : |
Company Limited By Shares. |
|
|
|
|
Line of Business : |
Consumer Goods Wholesale. |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
|
|
|
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 – June 30, 2010
|
Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
|
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
SELECT CHEMIE AG
Company
address
Etzelstrasse 42
Postfach 772
8038 Zürich
Switzerland/CH
Telephone: 044
4879611
Fax: 044
4879690
Web site: http://www.selectchemie.ch
E-mail: info@selectchemie.ch
VAT-No
CHE-107.842.851
Profile
Established: 1969
Line of Business: Consumer goods wholesale
Industry Division: Wholesale trade
Industry-code (NACE): 4675 Wholesale of chemical products
Import/Export: Export
Export sales: 60.0%
Quality certification: ISO 9002 (since 1994)
ISO
9001:2000 (since 2003)
Banks: UBS Ltd
CS
Credit Suisse
Organisation level: Ultimate Parent
Operational
Figures
Coverage: Group
Figures: approximately
Employees: 120
Sales: CHF 180'000'000.--
Activity
The business activities includes sales of
pharmaceutical raw materials, active ingredients, fine chemicals, cosmetic and
chemical raw materials, additives for food and animal milk. Brand: Select
chemistry.
Real
Estate
Information on property ownership was not
available.
Company
Register
Company No: 020.3.923.607-4 / 167672
Legal form: Company limited by shares
Registration: 06.03.1969
Legal status: active
Responsible Register: Handelsregister des Kantons Zürich
Auditor: PricewaterhouseCoopers
AG, Zürich
History: Date of Statutes:
17.07.1985
Date
of Statutes: 06.07.2004
Date
of Statutes: 11.12.1995
Entry Deleted Name
active Selectchemie
AG
Entry Deleted Legal domicile
active Zürich,
Switzerland
Entry Deleted Address
active Etzelstrasse
42, 8038 Zürich/ZH, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 1'500'000, paidup CHF 1'500'000
Entry Deleted Capital Structure
06.08.2004 1'500
Registered shares of CHF 1'000.--
Entry Deleted Activity (original Language)
10.01.1996 Herstellung und
Handel mit Chemikalien; kann sich an anderen Gesellschaften beteiligen sowie
Grundeigentum erwerben, belasten und verkaufen.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
10.01.1996 Shares: Die
Übertragbarkeit der Namenaktien ist nach Massgabe der Statuten beschränkt.
10.01.1996 Reports: Die
Mitteilungen der Gesellschaft erfolgen durch Veröffentlichung im
Publikationsorgan oder, sofern die Namen und Adressen sämtlicher Aktionäre
bekannt sind und das Gesetz nicht zwingend etwas anderes vorschreibt, durch
eingeschriebenen Brief.
05.10.1992 Merger: Uebernimmt
auf dem Wege der Fusion die Seleparekh AG, in Zürich. Aktiven und Passiven der
Seleparekh AG gehen gemäss Fusionsvertrag vom 26.08.1992 und Fusionsbilanz per 31.12.1991
im Sinne von Art. 748 OR auf die Selectchemie AG über, die bereits sämtliche
Aktien der übernommenen Gesellschaft besitzt. Dabei erlöschen diese Aktien und
das Aktienkapital der übernehmenden Gesellschaft bleibt unverändert.
Official
Administration
Title Name
President Dr.
Hans Rudolf Müller, Origin: Zufikon, Schaffhausen, Switzerland, Address:
Schaffhausen/SH, Switzerland, joint signature of two
Chief Executive Lukas
Peyer, Origin: Diessenhofen, Switzerland, Address: Herrliberg, Switzerland,
joint signature of two
Executive Director Dr.
Oliver P. Kühn, Origin: Luzern, Switzerland, Address: 6362 Stansstad/NW,
Switzerland, joint signature of two, Appointment: 02.11.2009
Executive Director Ignatius
Bamert, Origin: Tuggen, Switzerland, Address: Lachen, Switzerland, joint
signature of two
Executive Director Patrick
Döös, Origin: Fischbach, Switzerland, Address: 6045 Meggen/LU,
Switzerland,
joint signature of two, Appointment: 02.11.2009
Management
Title Name
Director Jürg
Berger, Origin: Tägerwilen, Switzerland, Address: Hedingen, Switzerland, joint
signature of two
Director Ignatius
Bamert, Origin: Tuggen, Switzerland, Address: Lachen, Switzerland, joint
signature of two
Vice-Director Peter
Kaufmann, Origin: Horw, Switzerland, Address: Oberrieden, Switzerland, joint power of attorney of two
Vice-Director Heinrich
Meier, Origin: Bachenbühlach, Switzerland, Address: Galgenen, Switzerland,
joint signature of two
Member with procuration Robert Fricker, Origin: Küsnacht ZH, Switzerland, Address:
Küsnacht/ZH, Switzerland, joint power of attorney of two
Member with procuration Kaspar Lüthi, Origin: Bolken, Switzerland, Address:
Dietikon/ZH, Switzerland, joint power of attorney of two
Member with procuration Lale Cöteli, Origin: Fällanden, Switzerland,
Address: Fällanden, Switzerland, joint power of attorney of two
Member with procuration Dr. Beat Oberholzer, Origin: Zürich, Switzerland,
Address: 8908 Hedingen/ZH, Switzerland, joint power of attorney of two,
Appointment: 24.03.2009
Member with procuration Jakob Wigger, Origin: Malters, Switzerland, Address:
Steinhausen, Switzerland, joint power of attorney of two
Member with procuration Pedro Manuel Lorca Bellorti, Origin: Spain, Address:
Kirchberg/SG, Switzerland, joint power of attorney of two
Member with procuration Urs Bernhard Löwenthal, Origin: Zürich, Switzerland,
Address: Berlingen, Switzerland, joint power of attorney of two
Member with procuration Marinus van Boven, Origin: Netherlands, Spain, Address:
Barcelona, Spain, joint power of attorney of two
Executive
board
Title Name
Chief Executive Officer Lukas Peyer
Chief Financial Officer Ignatius Bamert
Owner/-s
Owner: The company is
privately owned.
Class: unknown
Name: Hans Rudolf Müller
City/Country: Schaffhausen, Switzerland/CH
Class: unknown
Name: Lukas Peyer
City/Country: Herrliberg, Switzerland/CH
Investments
Class: 100%
Name: Selectchemie AG
Türkiye
City/Country: Istanbul, Turkey/TR
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: Selectchemie Argentina
SA
City/Country: Buenos Aires, Argentina/AR
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: Selectchemie (China)
Ltd
City/Country: Ningbo, China/CN
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: Selectchemie Franc
Sarl
City/Country: Paris, France/FR
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: Selectchemie
(Ireland) Ltd
City/Country: Dublin, Ireland/IE
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: Selectchemie Italia
Srl
City/Country: Milano, Italy/IT
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: Selectchemie Ltda
City/Country: Sao Paoulo, Brazil/BR
Interest: 100.00% voting right,
100.00% capital interest
Legal
Actions
Control date Year No. Amount CHF Status
06.09.2007 2007 0
06.09.2007 2006 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 400'000.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.11 |
|
UK Pound |
1 |
Rs.73.25 |
|
Euro |
1 |
Rs.61.70 |
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 Company |
---- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.