MIRA INFORM REPORT
|
Report Date : |
05.07.2011 |
IDENTIFICATION DETAILS
|
Name : |
KEYTRADE AG |
|
|
|
|
Registered Office : |
Zürcherstrasse 68, 8800 Thalwil |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
23.05.1997 |
|
|
|
|
Com. Reg. No.: |
130.0.008.867-2 / 399954 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
Global Trade in raw materials, especially chemical fertilizers |
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 1'000'000 |
|
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
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
Keytrade AG
Operating address
Zürcherstrasse 68
8800 Thalwil
Switzerland/CH
Telephone: 044
7878080
Fax: 044
7878095
Web
site: http://www.keytrade.ch
E-mail: kt-trading@keytrade.ch
VAT-No.: CHE-108.610.705
Profile
Established: 1997
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code (NACE): 4675 Wholesale of chemical products
Import/Export: Import, Export
Banks: unknown
Organisation
level: Ultimate Parent
Operational Figures
Coverage: Group
Employees: 50-79
Sales: CHF 800 Mio - 1 Bil
Activity
The business includes the global trade in raw materials, especially
chemical fertilizers (Nitrogen, Phosphates & Complex Fertilizers and
Potash), including transport, storage and all related activities.
Real Estate
Information on property ownership was not available.
Company Register
Company
No: 130.0.008.867-2 /
399954
Legal
form: Company limited
by shares
Registration: 23.05.1997
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Zürich (since 31.08.2005)
Auditor: PricewaterhouseCoopers
AG, Zürich
History: Date of Incorporation
Statutes: 02.05.1997
Date of
Statutes: 08.10.2007
Date of
Statutes: 10.05.2006
Date of
Statutes: 13.01.2006
Date of
Statutes: 26.08.2005
Entry Deleted Name
active Keytrade
AG
active Keytrade
SA (Name translated)
active Keytrade
Ltd (Name translated)
Entry Deleted Legal domicile
31.08.2005 Thalwil,
Switzerland
31.08.2005 Freienbach, Switzerland
Entry Deleted Address
31.08.2005 Zürcherstrasse
68, 8800 Thalwil/ZH, Switzerland/CH
Entry Deleted Capital
10.10.2007 Participation
Capital CHF 1'000'000, paidup CHF 1'000'000
15.05.2006 Share
Capital CHF 6'000'000, paidup CHF 6'000'000
Entry Deleted Capital Structure
10.10.2007 10'000
Registered participation certificates of CHF 100.--
15.05.2006 60'000
Registered shares of CHF 100.--
Entry Deleted Activity (original Language)
10.10.2007 Zweck
der Gesellschaft ist der weltweite Handel mit Rohstoffen, insbesondere mit
chemischen Düngemitteln, inklusive Transport, Lagerung und alle damit
zusammenhängenden Aktivitäten. Die Gesellschaft kann sich an anderen
Unternehmungen beteiligen sowie Grundstücke erwerben, verwerten, verwalten und
veräussern, Tochtergesellschaften und Zweigniederlassungen im In- und Ausland
errichten und ausserdem alle Rechtshandlungen vornehmen, die der Zweck der
Gesellschaft mit sich bringen kann, insbesondere auch Garantien und
Sicherheiten zugunsten von nahestehenden Gesellschaften gewähren.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
10.10.2007 Participation
certificates: Die Vorzugspartizipationsscheine gewähren Vorrechte bezüglich
Dividende und Liquidationserlös gemäss Statuten.
10.10.2007 Shares:
Die Übertragbarkeit der Namenaktien und der Namenpartizipationsscheine ist nach
Massgabe der Statuten beschränkt.
10.10.2007 Reports:
Mitteilungen an die Aktionäre erfolgen schriftlich an die im Aktienbuch
eingetragenen Adressen.
Official Administration
Title Name
President Stephen R.
Wilson, Origin: United States of America, Address: Deerfield /IL, United States
of America, joint signature of two
Vice-President
& Chief Executive Melih Keyman,
Origin: Rüschlikon, Switzerland, Address: 8803 Rüschlikon/ZH, Switzerland,
joint signature of two
Executive
Director Christoph
Heiz, Origin: Oetwil an der Limmat, Menziken, Switzerland, Address: 8000
Zürich/ZH, Switzerland, joint signature of two
Executive
Director Lynn F.
White, Origin: United States of America, Address: Deerfield, United States of
America, joint signature of two, Appointment: 01.02.2011
Executive
Director Thomas van
Berkel, Origin: Netherlands, Address: Wollerau, Switzerland, joint signature of
two
Executive
Director Peter B.
Arnold, Origin: Büron, Zug, Switzerland, Address: Baar/ZG, Switzerland, joint
signature of two
Management
Title Name
Director Serguei
Roudakov, Origin: Russia, Address: 8135 Langnau am Albis/ZH, Switzerland, joint
signature of two
Director David
Livesey, Origin: United Kingdom, Address: 8134 Adliswil/ZH, Switzerland, joint
signature of two
Director Errol
Brandt, Origin: Zürich, Switzerland, Address: 8800 Thalwil/ZH, Switzerland,
joint signature of two
Director Yang Bao
Heng, Origin: China, Address: Peking, China, joint signature of two
Director Andreas
Vaterlaus, Origin: Thalwil, Switzerland, Address: Rüschlikon, Switzerland,
joint signature of two
Vice-Director Emrah Basaran,
Origin: Turkey, Address: 8135 Langnau am Albis/ZH, Switzerland, joint signature
of two
Vice-Director Georges Bürgi,
Origin: Lyss, Switzerland, Address: 6403 Küssnacht/SZ, Switzerland, joint
signature of two
Vice-Director Juan Manuel
Gonzalez Navarro, Origin: Spain, Address: 8832 Wollerau/SZ, Switzerland, joint
signature of two, Appointment: 04.08.2010
Member
with procuration Paul Saxby,
Origin: United Kingdom, Address: Baar/ZG, Switzerland, joint power of attorney
of two
Member
with procuration Astrid
Günthard, Origin: Schönenberg, Switzerland, Address: 8824 Schönenberg/ZH,
Switzerland, joint power of attorney of two, Appointment: 22.07.2009
Executive board
Title Name
Chief
Executive Officer Melih Keyman
Deputy
Chief Executive Officer Serguei
Roudakov
Chief
Financial Officer Errol
Brandt
Chief
Production Officer Andreas
Vaterlaus
Chief
Business Segment Officer Yang Bao Heng
Chief
Business Segment Officer Emrah Basaran
Chief
Business Segment Officer Georges Bürgi
Chief
Business Segment Officer David Livesey
Financial Data Keytrade Group
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 31.12.2009 31.12.2008 31.12.2007 31.12.2006 31.12.2005
Number of months: 12 12 12 12 12
Currency: th.
CHF th. CHF th. CHF th. CHF th.
CHF
Operating revenue 826'000.0 2'355'000.0 1'227'000.0 855'000.0 948'000.0
Capital 6'000.0 6'000.0 6'000.0 6'000.0 6'000.0
Investments in
tangible fixed assets 500.0 600.0 900.0 1'100.0
Sales per Employee 12'906.0 43'611.0 25'041.0 17'812.0 18'960.0
Employees at year end 64 54 49 48 50
Employees inland 25 20 19 21
Employees abroad 29 29 29 29
Owner/-s
No.
of Owner/-s: 2
Class: 50%
Name: CF Industries
Holdings, Inc.
City/Country: Deerfield, United States of America/US
Interest: 50.00% voting right,
50.00% capital interest (since 2007)
Class: 50%
Name: Melih Keyman
City/Country: Rüschlikon, Switzerland/CH
Interest: 50.00% voting right,
50.00% capital interest
Investments
Class: 100%
Name: KEYTRADE AFRICA SA
City/Country: Thalwil, Switzerland/CH
Interest: 100.00% voting right,
100.00% capital interest (since 2007)
Class: 100%
Name: Keytrade Iberia S.L.
City/Country: Madrid, Spain/ES
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: Keytrade North America
Inc
City/Country: Tampa, United States of
America/US
Interest: 100.00% voting right,
100.00% capital interest (since 2000)
Class: 100%
Name: Keytrade (Poland) S.A.
City/Country: Thalwil, Switzerland/CH
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: Keytrade Polska Spzoo
City/Country: Szczecin, Poland/PL
Interest: 100.00% voting right,
100.00% capital interest (since 1999)
Class: 100%
Name: Keytrade SE Asia
Pacific Pte. Ltd.
City/Country: Singapore, Singapore/SG
Interest: 100.00% voting right,
100.00% capital interest
Legal Actions
Control date Year No. Amount CHF Status
04.02.2009 2009 0
04.02.2009 2008 0
04.02.2009 2007 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
Situation: The financial situation
is considered to be good.
Payment
experiences: Payments are made with
arranged conditions.
Maximum
Credit: CHF 1'000'000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.46 |
|
UK Pound |
1 |
Rs.71.53 |
|
Euro |
1 |
Rs.64.63 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.