MIRA INFORM REPORT

 

 

Report Date :           

24.11.2011

 

IDENTIFICATION DETAILS

 

Correct Name :

PAUL REINHART AG

 

 

Registered Office :

Technikumstrasse 82, P.O. Box 2259, 8401 Winterthur

 

 

Country :

Switzerland

 

 

Date of Incorporation :

24.12.1953

 

 

Com. Reg. No.:

020.3.921.310-9 / 144961

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

Cotton Merchant.

 

 

No. of Employees :

65 Persons

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Good

 

 

Payment Behaviour :

No Complaints

 

 

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-credit

 

D

 


Company name

 

Paul Reinhart AG

 

 

Operating address

 

Technikumstrasse 82

P.O. Box 2259

8401 Winterthur

Switzerland/CH

Telephone:                    052 2648181

Fax:                             052 2120055

Web site:                      http://www.reinhart.com

E-mail:                         mail@reinhart.ch

VAT-No.:                      CHE102607231

 

 

Profile

 

Established:                  1953

Line of Business:           Consumer goods wholesale

Industry Division:           Wholesale trade

Industry-code (NACE):     4676     Wholesale of other intermediate products

Import/Export:               Import, Export

Export sales:                97.0%

Banks:                         unknown

Organisation level:         Ultimate Parent

 

 

Operational Figures

 

Coverage:                     Company

Figures:                        approximately

Employees:                  65

 

 

Activity

 

The Company is a worldwide cotton merchant.

 

 


Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:                020.3.921.310-9 / 144961

Legal form:                    Company limited by shares

Registration:                 24.12.1953

Legal status:                 active

Responsible Register:    Handelsregister des Kantons Zürich

Auditor:                        PricewaterhouseCoopers AG, Winterthur

History:                        Date of Statutes: 28.03.1968

                                    Date of Statutes: 28.05.1993

                                    Date of Statutes: 26.06.1991

 

Entry            Deleted   Name

active                           Paul Reinhart AG

active                           Paul Reinhart Ltd (Name translated)

active                           Paul Reinhart SA (Name translated)

 

Entry            Deleted   Legal domicile

active                           Winterthur, Switzerland

 

Entry            Deleted   Address

active                           Technikumstrasse 82, 8400 Winterthur/ZH, Switzerland/CH

 

Entry            Deleted   Capital

10.07.1991                    Share Capital CHF 1'000'000, paidup CHF 1'000'000

 

Entry            Deleted   Capital Structure

10.07.1991                    10'000 Registered shares of CHF 100.--

 

Entry            Deleted   Activity (original Language)

10.07.1991                    Handel mit Rohbaumwolle in eigenem oder fremdem Namen sowie für eigene oder fremde Rechnung und Vermittlung von Handelsgeschäften aller Art; kann sich im Bereiche ihres Zweckes an anderen Unternehmungen beteiligen sowie Liegenschaften erwerben und verkaufen.

 

Entry            Deleted   Remarks (original Language)

active                           Publishing authority: SHAB.

14.10.2008                    Merger: Übernahme der Aktiven und Passiven der Cobatra AG, in Winterthur (CH-020.3.905.615-1), gemäss Fusionsvertrag vom 25.09.2008 und Bilanz per 30.06.2008. Aktiven von CHF 164'216.00 und Passiven (Fremdkapital) von CHF 946.00 gehen auf die übernehmende Gesellschaft über. Da die übernehmende Gesellschaft sämtliche Aktien der übertragenden Gesellschaft hält, findet weder eine Kapitalerhöhung noch eine Aktienzuteilung statt.

14.10.2008                    Merger: Übernahme der Aktiven und Passiven der Afcodi AG, in Winterthur (CH-020.3.900.398-4), gemäss Fusionsvertrag vom 25.09.2008 und Bilanz per 30.06.2008. Aktiven von CHF 98'491.00 und Passiven (Fremdkapital) von CHF 147.00 gehen auf die übernehmende Gesellschaft über. Da die übernehmende Gesellschaft sämtliche Aktien der übertragenden Gesellschaft hält, findet weder eine Kapitalerhöhung noch eine Aktienzuteilung statt.

22.06.1993                    Shares: Die Übertragbarkeit der Namenaktien ist nach Massgabe der Statuten beschränkt.

22.06.1993                    Reports: Die Mitteilungen der Gesellschaft an die Aktionäre erfolgen durch Brief.

 

 

Official Administration

 

Title                                           Name

President                                    Jürg Reinhart, Origin: Winterthur, Switzerland, Address: Winterthur/ZH, Switzerland, joint signature of two

Executive Director                       Prof. Dr. Ernst A. Brugger, Origin: Gossau ZH, Switzerland, Address: 8753 Mollis, Switzerland, joint signature of two

Executive Director                       Matthias Reinhart, Origin: Winterthur, Switzerland, Address: 8700 Küsnacht ZH, Switzerland, joint signature of two

 

 

Management

 

Title                                           Name

Member of the management         Ezio Vitali, Origin: Winterthur, Switzerland, Address: 8400 Winterthur, Switzerland, joint signature of two

Member of the management         Rolf Stahel, Origin: Elgg, Switzerland, Address: 8404 Winterthur, Switzerland, joint signature of two

Member of the management         Jürg Reinhart, Origin: Winterthur, Switzerland, Address: Winterthur/ZH, Switzerland, joint signature of two

Member of the direction                Ulrich Curt Arbenz, Origin: Winterthur, Andelfingen, Switzerland, Switzerland, Address: 8000 Zürich, Switzerland, joint signature of two

Member of the direction                Zeki Sahin, Origin: Winterthur, Switzerland, Address: 8542 Wiesendangen, Switzerland, joint signature of two

Member of the direction                Stefan Brändli, Origin: Wald ZH, Switzerland, Address: 8400 Winterthur, Switzerland, joint signature of two

Member of the direction                Marco Bänninger, Origin: Rickenbach ZH, Switzerland, Address: 8352 Winterthur, Switzerland, joint signature of two, Registered since: 13.04.2011

Member of the direction                Daniele Ballestrin, Origin: Winterthur, Switzerland, Address: 8400 Winterthur, Switzerland, joint signature of two

Member of the direction                Raymond Neuschwander, Origin: Bärschwil, Switzerland, Address: 8303 Bassersdorf, Switzerland, joint signature of two

Member of the direction                Daniel Suter, Origin: Gränichen, Switzerland, Address: 8311 Brütten, Switzerland, joint signature of two, Registered since: 13.04.2011

Member of the direction                Jürg Stahel, Origin: Elgg, Switzerland, Address: 8542 Wiesendangen, Switzerland, joint signature of two

Member of the direction                Petra Bockhahn, Origin: Germany, Address: Büsingen, Germany, joint signature of two

Member of the direction                Danny Van Namen, Origin: Belgium, Address: 8400 Winterthur, Switzerland, joint signature of two

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Rolf Stahel

 

 

Owner/-s

 

Owner:                         The company is in family ownership.

Class:                          50-99%

Name:                          Jürg Reinhart

City/Country:                 Winterthur, Switzerland/CH

 

 

Investments

 

Class:                          100%

Name:                          Laferlins Ltda.

City/Country:                 Recife, Brazil/BR

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          Reinhart Ashgabat

City/Country:                 Ashgabat, Turkmenistan/TM

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          Reinhart Beijing

City/Country:                 Beijing, China/CN

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          Reinhart Egypt

City/Country:                 Alexandria, Egypt/EG

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          Reinhart FZE

City/Country:                 Dubai, United Arab Emirates/AE

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          Reinhart Hellas

City/Country:                 Athen, Greece/GR

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          Reinhart Riga

City/Country:                 Riga, Latvia/LV

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          Reinhart Shanghai

City/Country:                 Shanghai, China/CN

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          Reinhart Tashkent

City/Country:                 Tashkent, Uzbekistan/UZ

Interest:                        100.00% voting right, 100.00% capital interest

 

 

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.

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.52.10

UK Pound

1

Rs.81.30

Euro

1

Rs.70.07

 

 

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.