MIRA
INFORM REPORT
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Report Date : |
28.05.2011 |
IDENTIFICATION DETAILS
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Name : |
GERALD METALS SA |
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Registered Office : |
Rue de la Gare 29, 1110 Morges |
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Country : |
Switzerland |
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Date of Incorporation : |
03.03.1976 |
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Com. Reg. No.: |
550.0.106.800-6 / 68359 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
trading in metal products |
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 50'000 |
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Status : |
Small Company |
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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
Gerald metals SA
Operating address
Rue de la Gare 29
1110 Morges
Switzerland/CH
Telephone: 021
8113300
Fax: 021
8113301
Web
site: https://www.gerald.com
VAT-No.: CHE-107.884.163
Profile
Established: 1976
Line
of Business: Trade brokers
Industry
Division: Wholesale trade
Industry-code (NACE): 4612 Agents involved in the sale of fuels, ores,
metals and industrial chemicals
Import/Export: Agency
Banks: UBS Ltd
CS Credit
Suisse
Chase
Manhatten Bank Genève
Operational Figures
Coverage: Company
Figures: approximately
Employees: 19
Activity
The business activities includes trading in metal products.
Real Estate
Information on property ownership was not available.
Company Register
Company
No: 550.0.106.800-6 / 68359
Legal
form: Company limited
by shares
Registration: 03.03.1976
Legal
status: active
Responsible
Register: Registre du commerce du
canton de Vaud
Auditor: Deloitte SA, Lausanne
History: Date of Statutes:
03.11.1995
Date of
Incorporation Statutes: 27.02.1976
Date of
Statutes: 17.03.2011
Date of
Statutes: 11.03.2003
Entry Deleted Name
21.03.2011 Gerald
metals SA
21.03.2011 Gerald metals S.A.
Entry Deleted Legal domicile
13.03.2003 Morges,
Switzerland
13.03.2003 Renens (VD), Switzerland
Entry Deleted Address
13.03.2003 Rue
de la Gare 29, 1110 Morges/VD, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 250'000, paidup CHF 250'000
Entry Deleted Capital Structure
active 250
Registered shares with restricted transferability of CHF 1'000.--
Entry Deleted Activity (original Language)
active Commerce
de matières premières, en particulier de minerais et métaux.
Entry Deleted Remarks (original Language)
active Publishing
authority: Feuille officielle suisse du commerce.
Official Administration
Title Name
President Lloyd
Lander, Origin: United States of America, Address: Greenwich, United States of
America, joint signature of two
Executive
Director Jean
Baudois, Origin: Morens, France, Address: Lonay, Switzerland, joint signature
of two
Executive
Director Nicolas C.
Ulmer, Origin: Steckborn, Switzerland, Address: Founex, Switzerland, joint
signature of two
Management
Title Name
Member
with procuration Craig Dean,
Origin: United States of America, Address: Fairfield, United States of America,
joint power of attorney of two, Appointment: 19.05.2011
Member
with procuration Lucienne
Pittet, Origin: Villars-le-Terroir, Switzerland, Address: Crissier,
Switzerland, joint power of attorney of two, Appointment: 19.05.2011
Ultimate Parent Company
Name: Gerald metals Inc.
City/Country: Stamford, United States of
America/US
Owner/-s
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Name: Gerald metals Inc.
City/Country: Stamford, United States of
America/US
Interest: 100.00% voting right,
100.00% capital interest
Investments
It is believed that the company has no investments.
Legal Actions
Control date Year No. Amount CHF Status
04.01.2011 2011 0
04.01.2011 2010 0
04.01.2011 2009 0
04.01.2011 2008 0
04.01.2011 2007 0
04.01.2011 2006 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
paid promptly.
Maximum
Credit: CHF 50'000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.21 |
|
UK Pound |
1 |
Rs.74.31 |
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Euro |
1 |
Rs.64.40 |
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 |
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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.