MIRA INFORM
REPORT
|
Report Date : |
31.01.2011 |
IDENTIFICATION DETAILS
|
Correct Name : |
ICC Handels AG |
|
|
|
|
Registered Office : |
Chamerstrasse 12c, Postfach 6304 Zug |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
19.03.1960 |
|
|
|
|
Com. Reg. No.: |
170.3.002.067-1 / 85412 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
|
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 100'000 |
|
Status : |
Satisfactory |
|
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 – June 30, 2010
|
Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name
ICC Handels AG
Operating address
Chamerstrasse 12c
Postfach
6304 Zug
Switzerland/CH
Telephone: 041 7118044
Fax: 041 7102243
Web site: http://www.iccchem.com
E-mail: switzerland@iccchem.com
VAT-No.: 212490
Profile
Established: 1960
Line of Business: Commercial services, Consumer goods wholesale
Industry Division: Services, Wholesale trade
Industry-code (NACE): 8299 Other business support service activities n.e.c.
4676 Wholesale of other intermediate products
4675 Wholesale of chemical products
Import/Export: Import, Export
Banks: unknown
Operational Figures
Coverage: Company
Employees: 4
Activity
The business activities includes the sale of plastics, raw materials and chemicals, and services as a European headquarters in the areas of administration and finance.
Real Estate
Information on property ownership was not available.
Company Register
Company No: 170.3.002.067-1 / 85412
Legal form: Company limited by shares
Registration: 19.03.1960
Legal status: active
Responsible Register: Handelsregister des Kantons Zug
Auditor: Grant Thornton AG, Zürich
History: Date of Statutes: 30.11.2009
Entry Deleted Name
active ICC
Handels AG
active ICC
Trading Limited (Name translated)
Entry Deleted Legal domicile
active
Entry Deleted Address
active Chamerstrasse
12c, 6300 Zug/ZG, 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)
20.08.1997 Handel
mit Kunststoffen, Rohmaterialien und Chemikalien, Beteiligung an ähnlichen
Unternehmen sowie Verwaltung von Vermögenswerten aller Art für eigene und
fremde Rechnung; kann Patente, Handelsmarken sowie technische und industrielle
Kenntnisse erwerben, verwalten und übertragen
20.08.1997 Handel mit Kunststoffen, Rohmaterialien und
Chemikalien; Errichtung von Zweigniederlassungen; Beteiligung in irgendwelcher
Form an ähnlichen Unternehmungen; Verwaltung von Vermögenswerten aller Art
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
active Merger:
Übernahme der Aktiven und der Passiven der "Chemotrade AG", in Zug,
gemäss Bilanz per 31.03.1969 und Fusionsvertrag vom 10.05.1967 nach Massgabe
von Art. 748 OR. Da die übernehmende Gesellschaft Eigentümerin sämtlicher
Aktien der übernommenen Gesellschaft war, fand keine Kapitalerhöhung statt
active Merger:
Übernahme der Aktiven und Passiven der "ICC Handels AG", in Zug,
gemäss Bilanz per 31.12.1962 und Fusionsvertrag vom 25.10.1963 nach Massgabe
von Art. 748 OR. Da die übernehmende Gesellschaft Eigentümerin sämtlicher
Aktien der übernommenen Gesellschaft war, fand keine Kapitalerhöhung statt
10.12.2009 Reports:
Die Mitteilungen an die Aktionäre erfolgen durch Publikation im SHAB oder,
sofern die Namen und Adressen sämtlicher Aktionäre bekannt sind in
schriftlicher Form (einschliesslich Telefax oder E-Mail).
Official Administration
Title Name
President John
J. Farber, Origin:
Vice-President Dr.
Markus Berni, Origin: Vals,
Chief Executive Naveen
Chandra, Origin:
Chief Executive James
R. Muller, Origin:
Management
Title Name
Director William
R. Brunger, Origin:
Member with signing authority Eva Turi-Nagy, Origin:
Member
with procuration Beate
Michel, Origin: Kerns,
Executive board
Title Name
Chief Executive Officer Dr. Markus Berni
Ultimate Parent Company
Name: ICC Industries Inc
City/Country:
Owner/-s
No. of Owner/-s: 1
Owner: The company is foreign owned.
Class: 100%
Name: ICC Industries Inc
City/Country:
Interest: 100.00% voting right, 100.00% capital interest
Investments
Class: 100%
Name: ICC Chemicals (
City/Country:
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: ICC (
City/Country: Wanchai, Hong Kong/HK
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: ICC Industries B.V.
City/Country:
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: ICC Italia S.r.l.
City/Country:
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: ICC-Chemol Kft.
City/Country:
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: Interlube S.L.
City/Country:
Interest: 100.00% voting right,
100.00% capital interest
Legal Actions
Control date Year No. Amount CHF Status
23.02.2007 2007 0
23.02.2007 2006 0
23.02.2007 2005 0
23.02.2007 2004 0
23.02.2007 2003 0
23.02.2007 2002 0
23.02.2007 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 100'000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.74 |
|
|
1 |
Rs.72.73 |
|
Euro |
1 |
Rs.62.73 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.