MIRA INFORM REPORT
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Report Date : |
07.05.2011 |
IDENTIFICATION DETAILS
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Name : |
W. KÜNDIG & CIE AG |
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Registered Office : |
Stampfenbachstrasse 38, 8006 Zürich |
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Country : |
Switzerland |
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Date of Incorporation : |
07.09.1961 |
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Com. Reg. No.: |
020.3.915.379-4 / 332727 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
sales of food products such as dried goods,
deep-frozen goods and grains / legumes / oil seeds |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
CHF 500'000. |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Regular |
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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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
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
W. Kündig & Cie AG
Operating address
Stampfenbachstrasse 38
8006 Zürich
Switzerland/CH
Telephone: 044
3682525
Fax: 044
3682505
Web
site: http://www.kuendig.com
E-mail: info@kuendig.com
VAT-No.: CHE-102.206.323
Profile
Established: 1920
History: 1920: Established from Willy Kündig
Line
of Business: Financial services,
Consumer goods wholesale
Industry
Division: Services, Wholesale
trade
Industry-code (NACE): 6420 Activities of holding companies
4649 Wholesale of other household goods
4639 Non-specialised wholesale of food,
beverages and tobacco
Import/Export: Import, Export
Export
sales: 30.0%
Banks: ZKB Zürcher
Kantonalbank
UBS Ltd
Organisation
level: Ultimate Parent
Operational Figures
Coverage: Group
Figures: approximately
Employees: 150
Activity
The business activities includes sales of food products such as dried
goods, deep-frozen goods and grains / legumes / oil seeds, which are
manufactured within the group Kündig. In addition, the company also offers
packages such as cans, jars, folding boxes and blister wraps.
Real Estate
Information on property ownership was not available.
Company Register
Company
No: 020.3.915.379-4 /
332727
Legal
form: Company limited
by shares
Registration: 07.09.1961
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Zürich
Auditor: TBO Revisions AG
(CH-020.3.925.811-7), Zürich
History: Date of Statutes:
07.12.1982
Date of
Statutes: 21.06.2001
Date of
Statutes: 27.01.1994
Entry Deleted Name
29.06.2001 W.
Kündig & Cie AG
10.03.1994 W. Kündig & Cie AG
10.03.1994 29.06.2001 W. Kündig Holding AG
Entry Deleted Legal domicile
29.06.2001 Zürich,
Switzerland
10.03.1994 Zürich, Switzerland
10.03.1994 29.06.2001 Zollikon, Switzerland
Entry Deleted Address
29.06.2001 Stampfenbachstrasse
38, 8006 Zürich/ZH, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 1'500'000, paidup CHF 1'500'000
Entry Deleted Capital Structure
active 1'500
Registered shares of CHF 1'000.--
Entry Deleted Activity (original Language)
29.06.2001 Herstellung
und Vertrieb von Nahrungs- und Genussmitteln, insbesondere Tiefkühl- und
Trockenprodukte, Konserven sowie Getreide, Futtermitteln und Hülsenfrüchten;
kann sich an anderen Unternehmungen beteiligen sowie Grundstücke erwerben oder
weiterveräussern.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
active Merger:
Uebernahm auf dem Wege der Fusion die "G. Simona AG", in Küsnacht.
Aktiven und Passiven der "G. Simona AG" gehen gemäss Fusionsvertrag
vom 28.12.1989 und Fusionsbilanz per 30.9.1989 im Sinne von Art. 748 OR an die
W. Kündig & Cie AG über, die bereits sämtliche Aktien der übernommenen
Gesellschaft besitzt. Dabei erlöschen diese Aktien und das Grundkapital der
über-nehmenden Gesellschaft bleibt unverändert.
29.06.2001 Merger:
Die Gesellschaft übernimmt auf dem Wege der Fusion die W. Kündig & Cie AG,
in Zürich. Aktiven von CHF 16'175'809.99 und Passiven von CHF 15'107'437.46
gehen gemäss Fusionsvertrag vom 18.06.2001 und Fusionsbilanz per 01.01.2001
durch Universalsukzession auf die Gesellschaft über, die bereits sämtliche
Aktien der übernommenen Gesellschaft besitzt. Dabei erlöschen diese Aktien, und
das Aktienkapital der übernehmenden Gesellschaft bleibt unverändert.
10.03.1994 Shares:
Die Übertragbarkeit der Namenaktien ist nach Massgabe der Statuten beschränkt.
10.03.1994 Reports:
Mitteilungen an die Aktionäre erfolgen schriftlich oder, sofern das Gesetz
nicht zwingend etwas anderes vorschreibt, durch Veröffentlichung im SHAB.
Official Administration
Title Name
President Beat Willy
Kündig, Origin: Wila, Switzerland, Address: Küsnacht/ZH, Switzerland, joint
signature of two
Executive
Director Walter
Stürzinger, Origin: Zürich, Switzerland, Address: Erlenbach/ZH, Switzerland,
without signature
Executive
Director Dr. Helmut
Wolf, Origin: Germany, Address: Grafing bei München, Germany, joint signature
of two
Executive
Director Nicole
Jeanine Kündig, Origin: Wila, Switzerland, Address: Küsnacht/ZH, Switzerland,
joint signature of two
Management
Title Name
General
Manager Heinz
Wunderlin, Origin: Mumpf, Switzerland, Address: Würenlos/AG, Switzerland, joint
signature of two
Company
Secretary Nicole
Jeanine Kündig, Origin: Wila, Switzerland, Address: Küsnacht/ZH, Switzerland,
joint signature of two
Member
with signing authority Danielle
Cotting Hostettler, Origin: Ependes FR, Wahlern, Switzerland, Address:
Bolligen, Switzerland, joint signature of two
Member
with procuration Marc Remo
Kündig, Origin: Wila, Switzerland, Address: Küsnacht/ZH, Switzerland, joint
power of attorney of two, Appointment: 16.10.2009
Member
with procuration Rita Hayoz,
Origin: Düdingen, Bösingen, Switzerland, Address: Schmitten/FR, Switzerland,
joint power of attorney of two
Member
with procuration Thierry
Faden, Origin: Ohmstal, Switzerland, Address: Nürensdorf, Switzerland, joint
power of attorney of two
Member
with procuration Daniel
Bosson, Origin: Rue, Switzerland, Address: Zürich/ZH, Switzerland, joint power
of attorney of two
Member
with procuration Marcel
Berchtold, Origin: Zürich, Uster, Switzerland, Address: Illnau-Effretikon,
Switzerland, joint power of attorney of two
Member
with procuration Kurt Felder,
Origin: Escholzmatt, Switzerland, Address: Seuzach, Switzerland, joint power of
attorney of two, Appointment: 14.04.2011
Executive board
Title Name
Chief
Executive Officer Heinz
Wunderlin
Owner/-s
Owner: The
company is in family ownership.
Investments
Class: 100%
Name: Interoma AG
City/Country: Zürich, Switzerland/CH
Interest: 100.00% voting right,
100.00% capital interest (since 2010)
Class: 100%
Name: W. Kündig GmbH
City/Country: Hamburg, Germany/DE
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: W. Kündig Kft
City/Country: Piliscsaba, Hungary/HU
Interest: 100.00% voting right,
100.00% capital interest
Legal Actions
Control date Year No. Amount CHF Status
20.10.2010 2010 0
20.10.2010 2009 0
20.10.2010 2008 0
20.10.2010 2007 0
20.10.2010 2006 0
20.10.2010 2005 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: Payments are made with
arranged conditions.
Maximum
Credit: CHF 500'000.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.78 |
|
UK Pound |
1 |
Rs.73.43 |
|
Euro |
1 |
Rs.65.27 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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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.