MIRA INFORM REPORT
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Report Date : |
16.07.2011 |
IDENTIFICATION DETAILS
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Name : |
VOLCAFE Ltd |
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Registered Office : |
Gertrudstrasse 1, P.O. Box 2514, 8401 Winterthur |
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Country : |
Switzerland |
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Date of Incorporation : |
29.06.2004 |
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Com. Reg. No.: |
020.3.027.880-1 / 761783 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
International Transit Trade and Commission Business |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
CHF 80'000 |
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Status : |
Moderate |
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Payment
Behaviour : |
No Complaints |
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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 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company Name
VOLCAFE Ltd
Operating address
Gertrudstrasse 1
P.O. Box 2514
8401 Winterthur
Switzerland/CH
Telephone: 052
2649494
Fax: 052
2649400
Web
site: http://www.volcafe.com
E-mail: volcafe@volcafe.ch
VAT-No.: CHE-111.738.369
Profile
Established: 2004
Line
of Business: Trade brokers
Industry
Division: Wholesale trade
Industry-code (NACE): 4617 Agents involved in the sale of food,
beverages and tobacco
4611 Agents involved in the sale of agricultural
raw materials, live animals, textile raw materials and semi-finished goods
Import/Export: Import, Export
Banks: unknown
Operational Figures
Coverage: Company
Figures: approximately
Employees: 1-9
Activity
The business activities includes the international transit trade and
commission business, principally with goods of food, especially coffee.
Real Estate
Information on property ownership was not available.
Company Register
Company
No: 020.3.027.880-1 /
761783
Legal
form: Company limited
by shares
Registration: 29.06.2004
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Zürich
Auditor: Ernst & Young AG,
Zürich
History: Date of Statutes:
17.04.2008
Date of
Statutes: 28.10.2004
Date of
Statutes: 26.10.2004
Date of
Incorporation Statutes: 22.06.2004
Entry Deleted Name
21.04.2008 VOLCAFE
Ltd
21.04.2008 VOLCAFE
SA (Name translated)
21.04.2008 VOLCAFE
AG (Name translated)
29.06.2004 21.04.2008 VOLCAFE International Ltd
29.06.2004 21.04.2008 VOLCAFE International SA (Name translated)
29.06.2004 21.04.2008 VOLCAFE International AG (Name translated)
Entry Deleted Legal domicile
29.06.2004 Winterthur,
Switzerland
Entry Deleted Address
29.06.2004 Gertrudstrasse
1, 8400 Winterthur/ZH, Switzerland/CH
Entry Deleted Capital
21.04.2008 Share
Capital CHF 41'000'000, paidup CHF 41'000'000
28.10.2004 21.04.2008 Share Capital CHF 33'000'000, paidup CHF
33'000'000
29.06.2004 28.10.2004 Share Capital CHF 3'000'000, paidup CHF
3'000'000
Entry Deleted Capital Structure
21.04.2008 41'000
Registered shares of CHF 1'000.--
28.10.2004 21.04.2008 33'000 Registered shares of CHF 1'000.--
29.06.2004 28.10.2004 3'000 Registered shares of CHF 1'000.--
Entry Deleted Activity (original Language)
29.06.2004 Die
Gesellschaft bezweckt die Durchführung von Import-, Export-, Transithandels- und
Kommissionsgeschäften mit Waren aller Art, vornehmlich mit Kaffee, in der
Schweiz sowie im Ausland. Die Gesellschaft kann Zweigniederlassungen und
Tochtergesellschaften im In- und Ausland errichten und sich an anderen
Unternehmen im In- und Ausland beteiligen. Die Gesellschaft kann Grundstücke
und Immaterialgüterrechte im In- und Ausland erwerben, halten, verwalten,
verwerten und veräussern. Die Gesellschaft kann alle kommerziellen,
finanziellen und anderen Tätigkeiten ausüben, die geeignet erscheinen, den
Zweck der Gesellschaft zu fördern, oder die mit diesem zusammenhängen.
Entry Deleted Remarks (original Language)
21.04.2008 Capital:
Ordentliche Erhöhung des Aktienkapitals.
21.04.2008 Merger:
Übernahme der Aktiven und Passiven der VOLCAFE Switzerland Ltd, in Winterthur
(CH-020.3.024.453-9), gemäss Fusionsvertrag vom 17.04.2008 und Bilanz per
31.10.2007. Aktiven von CHF 124'069'873.16 und Passiven (Fremdkapital) von CHF
110'323'700.46 gehen auf die übernehmende Gesellschaft über. Die Aktionärin der
übertragenden Gesellschaft erhält 8'000 Aktien zu CHF 1'000.00. Das
Aktienkapital wird infolge Fusion um CHF 8'000'000.00 erhöht.
28.10.2004 Contribution
in kind/Asset takeover: Die Gesellschaft übernimmt bei der Kapitalerhöhung vom
28.10.2004 gemäss Sacheinlagevertrag vom 28.10.2004 9 Forderungen, wofür 22'500
voll liberierte Namenaktien zu CHF 1'000.-- ausgegeben werden.
28.10.2004 Contribution
in kind/Asset takeover: Die Gesellschaft übernimmt bei der Kapitalerhöhung vom
26.10.2004 gemäss Sacheinlagevertrag vom 26.10.2004 18 Forderungen, wofür 7'500
voll liberierte Namenaktien zu CHF 1'000.-- ausgegeben werden.
29.06.2004 Publishing
authority: SHAB.
29.06.2004 Shares:
Die Übertragbarkeit der Namenaktien ist nach Massgabe der Statuten
beschränkt.
29.06.2004 Reports:
Mitteilungen der Gesellschaft erfolgen schriftlich an die im Aktienbuch
eingetragenen Adressen der Aktionäre und Nutzniesser. Sofern das Gesetz nicht
zwingend etwas anderes bestimmt, kann der Verwaltungsrat Mitteilungen auch
durch einmalige Publikation im SHAB vornehmen.
Official Administration
Title Name
President Jankees Van
der Wild, Origin: Netherlands, Address: 8000 Zürich/ZH, Switzerland, joint
signature of two, Appointment: 22.06.2009
Executive
Director Fernando
Barzuna Caamaño, Origin: Costa Rica, Address: 8400 Winterthur/ZH, Switzerland,
joint signature of two, Appointment: 29.07.2009
Executive
Director Peter
Moser, Origin: Arni BE, Switzerland, Address: Küssnacht/SZ, Switzerland, joint
signature of two
Executive
Director Reto
Schiller, Origin: Winterthur, Switzerland, Address: 8400 Winterthur/ZH,
Switzerland, joint signature of two
Executive
Director Mark
Furniss, Origin: United Kingdom, Address: Schlatt/ZH, Switzerland, joint
signature of two
Management
Title Name
Director Peter
Moser, Origin: Arni BE, Switzerland, Address: Küssnacht/SZ, Switzerland, joint
signature of two
Member
with signing authority Marzia Poda,
Origin: Italy, Address: Weinfelden, Switzerland, joint signature of two
Member
with signing authority Kristy
MacGregor, Origin: United Kingdom, Address: 8800 Thalwil/ZH, Switzerland, joint
signature of two, Appointment: 28.01.2011
Member
with signing authority Urs Stuker,
Origin: Eriswil, Switzerland, Address: 4132 Muttenz/BL, Switzerland, joint
signature of two, Appointment: 29.07.2010
Member
with signing authority Marcel
Kistler, Origin: Hasle bei Burgdorf, Switzerland, Address: Hettlingen,
Switzerland, joint signature of two
Member
with signing authority Emil Streule,
Origin: Appenzell, Switzerland, Address: Dättlikon, Switzerland, joint
signature of two
Member
with signing authority Romina
Morandini, Origin: Italy, Address: 8400 Winterthur/ZH, Switzerland, joint
signature of two, Appointment: 28.01.2011
Member
with signing authority Michael
Fritschi, Origin: Winterthur, Switzerland, Address: 8400 Winterthur/ZH,
Switzerland, joint signature of two, Appointment: 29.07.2010
Member
with signing authority Bianca
Solorzano Manica, Origin: Mexico, Address: 8400 Winterthur/ZH, Switzerland,
joint signature of two, Appointment: 29.07.2010
Member
with procuration Enrico
Virago, Origin: Mörschwil, Switzerland, Address: Henggart, Switzerland, joint
power of attorney of two
Member
with procuration Heinrich
Volkart, Origin: Altikon, Switzerland, Address: Altikon, Switzerland, joint
power of attorney of two
Member
with procuration Bruno Suri,
Origin: Utzenstorf, Switzerland, Address: Kloten/ZH, Switzerland, joint power
of attorney of two
Executive board
Title Name
Chief
Executive Officer Peter
Moser
Ultimate Parent Company
Name: ED & F Man
Holdings Limited
City/Country: London, United Kingdom/GB
Owner/-s
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Name: VOLCAFE Holding Ltd
City/Country: Winterthur, Switzerland/CH
Interest: 100.00% voting right,
100.00% capital interest (since 2004)
Sisters
Name: Café Capris SA
City/Country: San José, Costa Rica/CR
Name: Carcafé Ltda
City/Country: Bogota, Colombia/CO
Name: Cofi-Com Trading Pty
Limited
City/Country: Sydney, Australia/AU
Name: Empresas Narino Ltda
City/Country: Pasto, Colombia/CO
Name: Gollücke & Rothfos
GmbH
City/Country: Bremen, Germany/DE
Name: Kyagalanyi Coffee Ltd
City/Country: Kampala, Uganda/UG
Name: Merino Ltda
City/Country: Bogota, Colombia/CO
Name: Mexico Becafisa SA
City/Country: Veracruz, Mexico/MX
Name: Molinos de Honduras SA
City/Country: San Pedro Sula, Honduras/HN
Name: PNG Coffee Exports Ltd
City/Country: Goroka, Papua New Guinea/PG
Name: Prodelsur SA
City/Country: Lima, Peru/PE
Name: PT Volkopi Indonesia
City/Country: Bandar Lampung, Indonesia/ID
Name: Taylor Winch Ltd
City/Country: Moshi, Tanzania/TZ
Name: Taylor Winch Ltd
City/Country: Nairobi, Kenya/KE
Name: Volcafé Ltd
City/Country: Osaka, Japan/JP
Name: Volcafé Ltd
City/Country: Ho Chi Minh City, Vietnam/VN
Name: Volcafé Ltd
City/Country: Addis Ababa, Ethiopia/ET
Name: Volcafé Ltda
City/Country: Santos, Brazil/BR
Name: Volcafé SA
City/Country: San José, Costa Rica/CR
Name: Volcafe Specialty
Coffee Llc
City/Country: Petaluma, United States of
America/US
Name: Volcafé USA Inc
City/Country: Somerset, United States of
America/US
Name: Waelti-Schoenfeld SA
City/Country: Guatemala City, Guatemala/GT
Investments
It is believed that the company has no investments.
Legal Actions
Control date Year No. Amount CHF Status
04.12.2008 2008 0
04.12.2008 2007 0
04.12.2008 2006 0
04.12.2008 2005 0
04.12.2008 2004 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: Financial obligations are
met as appropriate.
Maximum
Credit: CHF 80'000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.53 |
|
UK Pound |
1 |
Rs.71.91 |
|
Euro |
1 |
Rs.62.98 |
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 |
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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.