MIRA INFORM REPORT

 

 

Report Date :           

08.11.2011

 

IDENTIFICATION DETAILS

 

Name :

SAPHIR PRODUCT SA

 

 

Registered Office :

Rue de Genève 84, Case Postale 71, 1000 Lausanne 16

 

 

Country :

Switzerland

 

 

Date of Incorporation :

16.05.2011

 

 

Com. Reg. No.:

550.1.092.029-7 / 1020129

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

sale and trading of glass products,

 

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 15'000

 

 

Status :

New 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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Switzerland

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-c88redit

 

D

 

Company name

 

Saphir Product SA

 

 

Operating address

 

Rue de Genève 84

Case Postale 71

1000 Lausanne 16

Switzerland/CH

Telephone:                    021 6232701

Fax:                             021 6232726

Web site:                      http://www.dalloz-dil.fr

VAT-No.:                      CHE181956612

 

 

Profile

 

Established:                  2011

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, Export

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                     Company

Employees:                  5

 

 

Activity

 

The business includes the sale and trading of glass products, particularly sapphire crystals for watches, sapphire windows for jewellery, watch and mechanical industry.

 

 

Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:                550.1.092.029-7 / 1020129

Legal form:                    Company limited by shares

Registration:                 16.05.2011

Legal status:                 active

Responsible Register:    Registre du commerce du canton de Vaud

Auditor:                        Audit Transjurane SA (CH-670-3002594-8), Delémont

History:                        Date of Incorporation Statutes: 21.04.2011

 

Entry            Deleted   Name

16.05.2011                    Saphir Product SA

 

Entry            Deleted   Legal domicile

16.05.2011                    Lausanne, Switzerland

 

Entry            Deleted   Address

16.05.2011                    Rue de Genève 84, 1004 Lausanne/VD, Switzerland/CH

 

Entry            Deleted   Capital

16.05.2011                    Share Capital CHF 100'000, paidup CHF 100'000

 

Entry            Deleted   Capital Structure

16.05.2011                    100 Bearer shares of CHF 1'000.--

 

Entry            Deleted   Activity (original Language)

16.05.2011                    L'achat, la vente et la représentation de diamants, pierres précieuses et fines, perles fines et de culture, et en général de toute marchandise manufacturée ou non se rapportant au commerce de la bijouterie-joaillerie et de l'horlogerie (pour but complet cf. statuts).

 

Entry            Deleted   Remarks (original Language)

16.05.2011                    Publishing authority: Feuille officielle suisse du commerce.

 

 

Official Administration

 

Title                                           Name

Executive Director                       Philippe Dalloz , Origin: Genève, Switzerland, Address: Grand-Saconnex/GE, Switzerland, born: 15.11.1955, single signature, Appointment: 19.05.2011

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Philippe Dalloz

 

 

Ultimate Parent Company

 

Name:                          Dalloz Industrie Lapidaire SAS

City/Country:                 Septmoncel, France/FR

 

 

Owner/-s

 

No. of Owner/-s:            1

Owner:                         The company is foreign owned.

 

Class:                          100%

Name:                          Dalloz Industrie Lapidaire SAS

City/Country:                 Septmoncel, France/FR

Interest:                        100.00% voting right, 100.00% capital interest (since 16.05.2011)

 

 

Sisters

 

Name:                          SAPHIR PRODUCT SERVICES SA

City/Country:                 Le Grand-Saconnex, Switzerland/CH

 

 

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 15'000

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.08

UK Pound

1

Rs.78.65

Euro

1

Rs.67.79

 

 

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.