MIRA INFORM REPORT

Report Date :

16.06.2011

IDENTIFICATION DETAILS

Name :	BGH SA

Registered Office :	viale Giuseppe Cattori 3, 6902 Paradiso

Country :	Switzerland

Date of Incorporation :	27.05.2005

Com. Reg. No.:	514.3.029.187-4 / 793100

Legal Form :	Company limited by shares

Line of Business :	Trade in sanitary supplies and cleaning products.

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Maximum Credit Limit :	CHF 9'000
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 31^st, 2011

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

Switzerland

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Company name

Bottom of Form

BGH SA

Operating address

viale Giuseppe Cattori 3

6902 Paradiso

Switzerland/CH

Telephone: 091 9803751

VAT-No.: CHE-112.376.441

Profile

Established: 2005

Line of Business: Consumer goods wholesale

Industry Division: Wholesale trade

Industry-code (NACE): 4644 Wholesale of china and glassware and cleaning materials

Import/Export: Import

Banks: unknown

Operational Figures

Coverage: Company

Employees: 1-9

Activity

The business activities includes trade in sanitary supplies and cleaning products.

Real Estate

Information on property ownership was not available.

Company Register

Company No: 514.3.029.187-4 / 793100

Legal form: Company limited by shares

Registration: 27.05.2005

Legal status: active

Responsible Register: Registro di commercio del Cantone Ticino

Auditor: Interfida SA, Chiasso

History: Date of Statutes: 04.10.2005

Date of Incorporation Statutes: 25.05.2005

Entry Deleted Name

27.05.2005 BGH SA

Entry Deleted Legal domicile

11.10.2005 Paradiso, Switzerland

27.05.2005 11.10.2005 Lugano, Switzerland

Entry Deleted Address

11.10.2005 Via Cattori 3, 6902 Paradiso/TI, Switzerland/CH

27.05.2005 11.10.2005 Via Serafino Balestra 27, 6900 Lugano/TI, Switzerland/CH

Entry Deleted Capital

11.10.2005 Share Capital CHF 100'000, paidup CHF 100'000

27.05.2005 11.10.2005 Share Capital CHF 100'000, paidup CHF 50'000

Entry Deleted Capital Structure

27.05.2005 100 Bearer shares of CHF 1'000.--

Entry Deleted Activity (original Language)

27.05.2005 La commercializzazione e la distribuzione di beni mobili di ogni genere, in particolare di oggetti in ceramica e porcellana, nonché la consulenza e la prestazione di servizi in genere in ordine alle suddette attività, l'intermediazione commerciale risp. l'assunzione di rappresentanze e l'assunzione di mandati quale agente. La società potrà acquistare, vendere, ricevere in uso e concedere in uso tecnologie, know-how tecnico, brevetti industriali, marchi, licenze e diritti di proprietà industriale in genere. La società potrà acquistare, gravare, gestire, amministrare e vendere beni immobili, nonché partecipare a società e imprese immobiliari. Beni immobili in Svizzera o partecipazioni a società e imprese immobiliari con beni immobili in Svizzera possono tuttavia essere acquisiti (senza procedura di assoggettamento LAFE) solo a condizione che gli immobili siano destinati all'esercizio di un'attività economica giusta l'art. 2 cpv. 2 lett. a) LAFE.

Entry Deleted Remarks (original Language)

27.05.2005 Publishing authority: FUSC.

27.05.2005 Reports: Le comunicazioni e convocazioni della società agli azionisti, se noti, avvengono mediante lettera raccomandata.

Official Administration

Title Name

Executive Director Bernd Georg Hofmann, Origin: Germany, Address: Paradiso/TI, Switzerland, single signature, Appointment: 11.10.2005

Executive board

Title Name

Chief Executive Officer Bernd Georg Hofmann

Owner/-s

No. of Owner/-s: 1

Owner: The company is privately owned.

Class: 100%

Name: Bernd Georg Hofmann

City/Country: Paradiso, Switzerland/CH

Interest: 100.00% voting right, 100.00% capital interest

Investments

It is believed that the company has no investments.

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 9'000

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.68
UK Pound	1	Rs.73.05
Euro	1	Rs.64.29

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%)

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