MIRA INFORM REPORT

 

 

Report Date :

14.07.2011

 

IDENTIFICATION DETAILS

 

Name :

TROPICAL BIO FOOD AG

 

 

Registered Office :

Bahnhofstrasse 9 6340 Baar Switzerland/CH

 

 

Country :

Switzerland

 

 

Date of Incorporation :

25.08.2006

 

 

Com. Reg. No.:

170.3.029.791-7 / 846286

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

Consumer goods wholesale

 

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 6'000

 

 

Status :

Small Company

 

 

Payment Behaviour :

Unknown

 

 

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

 

Name and address

 

Tropical Bio Food AG

 

Operating address:

Bahnhofstrasse 9

6340 Baar

Switzerland/CH

 

VAT-No.:                      CHE-113.075.120

 

 

Profile

 

Established:                  2006

Line of Business:           Consumer goods wholesale

Industry Division:           Wholesale trade

Industry-code (NACE):   4631       Wholesale of fruit and vegetables

Import/Export:               Import, Export

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                     Company

Employees:                  1-9

 

 

Activity

 

The business activities incldues the national and international trade in tropical fruits.

 

 

Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:                170.3.029.791-7 / 846286

Legal form:                    Company limited by shares

Registration:                 25.08.2006

Legal status:                 active

Responsible Register:    Handelsregister des Kantons Zug

History:                        Date of Statutes: 17.06.2009

                                    Date of Incorporation Statutes: 22.08.2006

 

Entry          Deleted      Name

25.08.2006                    Tropical Bio Food AG

 

Entry          Deleted      Legal domicile

25.08.2006                    Baar, Switzerland

 

Entry          Deleted      Address

25.09.2007                    Bahnhofstrasse 9, 6340 Baar/ZG, Switzerland/CH

11.06.2007  25.09.2007  Parkstrasse 45, 6340 Baar/ZG, Switzerland/CH

25.08.2006  11.06.2007  c/o Wengert Günter, Mühlegasse 12D, 6340 Baar/ZG, Switzerland/CH

 

Entry          Deleted      Capital

25.08.2006                    Share Capital CHF 100'000, paidup CHF 50'000

 

Entry          Deleted      Capital Structure

25.08.2006                    100 Bearer shares of CHF 1'000.--

 

Entry          Deleted      Activity (original Language)

25.08.2006                    Nationaler und internationaler Handel mit tropischen Früchten, deren Anbau und Weiterbehandlung nach biologischen Grundsätzen erfolgt; kann weitere Firmen gründen oder sich an solchen beteiligen, Patente, Lizenzen und andere immaterielle Güterrechte erwerben und verwerten, Beratungsaufträge für andere Unternehmen in der Lebensmittelbranche ausführen, Tochtergesellschaften errichten sowie Finanzierungen für eigene oder fremde Rechnung vornehmen.

 

Entry          Deleted      Remarks (original Language)

15.07.2009                    Reports: Die Mitteilungen an die Aktionäre erfolgen durch Publikation im SHAB.

15.07.2009                    Audit: Gemäss Erklärung des Verwaltungsrates vom 17.06.2009 untersteht die Gesellschaft keiner ordentlichen Revision und verzichtet auf eine eingeschränkte Revision.

25.08.2006                    Publishing authority: SHAB.

 

 

Official Administration

 

Title                                           Name

Executive Director                        Edgar Hoings, Origin: Germany, Address: Zug/ZG, Switzerland, single signature, Appointment: 05.10.2007

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Edgar Hoings

 

 

Owner/-s

 

Owner:                         The company is privately owned.

 

 

Investments

 

It is believed that the company has no investments.

 

 

Remarks

 

There is no telephone number registered for this company.

 

 

Legal Actions

 

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 difficult to assess.

 

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

 

Maximum Credit:           CHF 6'000.--

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.59

UK Pound

1

Rs.71.07

Euro

1

Rs.62.40

 

 

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%)

 

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.