MIRA INFORM REPORT

 

 

Report Date :

30.11.2011

 

IDENTIFICATION DETAILS

 

Name :

KARL MUGGLI AG

 

 

Registered Office :

Mattstrasse 18 6052 Hergiswil

 

 

Country :

Switzerland

 

 

Date of Incorporation :

08.06.1977

 

 

Com. Reg. No.:

100.3.008.532-4 / 124395

 

 

Legal Form :

Company Limited by Shares

 

 

Line of Business :

Wholesale of grain, unmanufactured tobacco, seeds and animal feeds

 

 

No. of Employees :

14

 

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 40'000

Status :

Moderate

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 30, 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 and address

 

Karl Muggli AG

 

Operating address:

Mattstrasse 18

6052 Hergiswil

Switzerland/CH

 

Telephone:                    041 6191000

Fax:                             041 6120044

 

Web site:                      http://www.karlmuggli.ch

E-mail:                         info@karlmuggli.ch

 

VAT-No.:                      CHE107880627

 

 

Profile

 

Established:                  1977

Line of Business:           Consumer goods wholesale

Industry Division:           Wholesale trade

Industry-code (NACE):   4621       Wholesale of grain, unmanufactured tobacco, seeds and animal feeds

Import/Export:               Import

Quality certification:       ISO 9001:2000

                                    ISO 14001:2004

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                     Company

Employees:                  14

 

 

Activity

 

The business activities includes trading in cereals, animal feed and guiding principles.

 

 

Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:                100.3.008.532-4 / 124395

Legal form:                    Company limited by shares

Registration:                 08.06.1977

Legal status:                 active

Responsible Register:    Handelsregister des Kantons Nidwalden (since 20.11.2001)

Auditor:                        Küng Treuhand AG, Luzern (CH-100.3.006.900-5)

History:                        Date of Incorporation Statutes: 24.05.1977

                                    Date of Statutes: 11.03.2009

                                    Date of Statutes: 09.11.2001

 

Entry          Deleted      Name

active                           Karl Muggli AG

 

Entry          Deleted      Legal domicile

16.03.2009                    Hergiswil (NW), Switzerland

                  20.11.2001  Nebikon, Switzerland

20.11.2001  16.03.2009  Stansstad, Switzerland

 

Entry          Deleted      Address

16.03.2009                    Mattstrasse 18, 6052 Hergiswil/NW, Switzerland/CH

                  16.03.2009  Zielmatte 2, 6362 Stansstad/NW, Switzerland/CH

 

Entry          Deleted      Capital

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

 

Entry          Deleted      Capital Structure

active                           100 Registered shares of CHF 1'000.--

 

Entry          Deleted      Activity (original Language)

active                           Import von und Handel mit Getreide- und Futtermitteln, Lebensmittelrohstoffen sowie anderen landwirtschaftlichen Rohstoffen; kann sich an anderen Unternehmungen beteiligen.

 

Entry          Deleted      Remarks (original Language)

active                           Publishing authority: SHAB.

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

20.11.2001                    Reports: Alle Mitteilungen der Gesellschaft an die Aktionäre erfolgen rechtsgültig durch eingeschriebenen Brief an die letztgemeldete Adresse der Aktionäre.

 

 

Official Administration

 

Title                                           Name

President                                    Markus Schmid, Origin: Schüpfheim, Switzerland, Address: 6372 Ennetmoos, Switzerland, single signature

Executive Director                        Sonja Schmid, Origin: Escholzmatt, Switzerland, Address: 6372 Ennetmoos, Switzerland, single signature

 

 

Management

 

Title                                           Name

Member with procuration              Roland Dürring, Origin: Basel, Switzerland, Address: 3507 Biglen, Switzerland, joint power of attorney of two, Registered since: 13.12.2004

Member with procuration              Karl Muggli, Origin: Luzern, Meggen, Switzerland, Switzerland, Address: 6244 Nebikon, Switzerland, born: 1968, joint power of attorney of two

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Markus Schmid (markusschmid@karlmuggli.ch)

Chief Financial Officer                  Sonja Schmid (sonjaschmid@karlmuggli.ch)

 

 

Owner/-s

 

Owner:                         The company is privately owned.

 

 

Investments

 

It is believed that the company has no investments.

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

09.11.2009          2009                           0

09.11.2009          2008                           0

09.11.2009          2007                           0

09.11.2009          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 met as appropriate.

 

Maximum Credit:           CHF 40'000.--

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.51.93

UK Pound

1

Rs.80.62

Euro

1

Rs.69.36

 

 

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.