MIRA INFORM REPORT
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Report Date : |
20.10.2011 |
IDENTIFICATION DETAILS
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Name : |
NOVAMETAL SA |
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Registered Office : |
Via Mulino, 6862 Rancate |
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Country : |
Switzerland |
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Date of Incorporation : |
15.04.1983 |
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Com. Reg. No.: |
524.3.006.949-0 / 128205 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Manufacture of stainless steel, high alloy wire and aluminium alloy
wire. Manufacture of BS 300 spools copper coated or plastic coated |
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 200'000 |
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Status : |
Satisfactory |
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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 – September 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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
Novametal SA
Operating address
Via Mulino
6862 Rancate
Switzerland/CH
Telephone: 091
6408383
Fax: 091
6408302
Web
site: http://www.novametal.com
E-mail: info@novametal.com
VAT-No.: CHE-105.936.317
Profile
Established: 1982
Line
of Business: Metal/steel
Industry
Division: Manufacturing
Industry-code (NACE): 2433 Cold forming or folding
2432 Cold rolling of narrow strip
2431 Cold drawing of bars
Import/Export: Import, Export
Quality
certification: ISO 9002 (since 1992)
ISO 9001
(since 2000)
Banks: unknown
Organisation
level: Ultimate Parent
Operational Figures
Coverage: Company
Figures: approximately
Employees: 210
Sales: CHF 80'000'000.--
Activity
Manufacture of stainless steel, high alloy wire and aluminium alloy
wire. Manufacture of BS 300 spools copper coated or plastic coated.
Real Estate
Information on property ownership was not available.
Company Register
Company No: 524.3.006.949-0
/ 128205
Legal
form: Company limited
by shares
Registration: 15.04.1983
Legal
status: active
Responsible
Register: Registro di commercio del
Cantone Ticino
Auditor: Ernst & Young AG,
Lugano
History: Date of Statutes:
09.12.1992
Date of
Statutes: 22.05.1987
Date of
Statutes: 13.04.1983
Date of
Statutes: 02.04.1980
Date of
Incorporation Statutes: 14.07.1978
Entry Deleted Name
active Novametal
SA
Entry Deleted Legal domicile
06.04.2009 Mendrisio,
Switzerland
06.04.2009 Rancate, Switzerland
01.01.1983 Lugano, Switzerland
Entry Deleted Address
active 6862
Rancate, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 4'000'000, paidup CHF 4'000'000
Entry Deleted Capital Structure
active 4'000
Bearer shares of CHF 1'000.--
Entry Deleted Activity (original Language)
active Produzione
e commercio anche per rappresentanza e commissione di prodotti in acciaio
inossidabile e metallici in genere, plastici, affini e similari. La società può
partecipare ad aziende nazionali ed estere similari e procedere a tutte le
operazioni, anche immobiliari, idonee a conseguire lo scopo sociale o che hanno
un rapporto diretto con il suo oggetto.
Entry Deleted Remarks (original Language)
active Publishing
authority: FUSC.
active Capital:
Aumento capitale sociale mediante compensazione di crediti.
21.05.2003 Merger:
La società ha assunto, sulla base del contratto di fusione del 08.05.2003, la
Novatekna SA, in Stabio (FUSC no. 111 del 12.06.2002 p.12), giusta l'art. 748
CO. Bilancio di fusione: 31.12.2002. Attivo: CHF 1'716'035.-- Passivo: CHF
1'570'428. Attivo netto: CHF 145'607.-- La fusione avviene senza alcuna
controprestazione inquanto la società è già detentrice dell'intero pacchetto
azionario della società assorbita.
Official Administration
Title Name
President Giuseppe Marzorati, Origin: Novazzano, Switzerland,
Address: Novazzano/TI, Switzerland, single signature
Executive
Director Roberto Marzorati, Origin: Novazzano, Switzerland,
Address: Novazzano/TI, Switzerland, single signature
Executive
Director Lucio Rusca, Origin: Locarno, Switzerland, Address:
Agno/TI, Switzerland, single signature
Executive
Director Franco Spinelli, Origin: Savosa, Switzerland,
Address: Lugano/TI, Switzerland, single signature
Executive
Director Angelo Jelmini, Origin: Tenero-Contra, Switzerland,
Address: Pregassona/TI, Switzerland, joint signature of two
Management
Title Name
General
Director Dott.
Eugenio Marzorati, Origin: Novazzano, Switzerland, Address: Novazzano/TI,
Switzerland, single signature
Director Andrea Scatola, Origin: Italy, Address: Olgiate
Comasco, Italy, single signature
Member
with procuration Pierluigi
Feltre, Origin: Italy, Address: Cernobbio, Italy, joint power of attorney of
two, eingeschränkte Zeichnungsberechtigung
Executive board
Title Name
Chief
Executive Officer Andrea Scatola
Owner/-s
Owner: The company is in
family ownership.
Class: 50-99%
Name: Fam. Marzorati
City/Country: Novazzano, Switzerland/CH
Investments
Class: 100%
Name: Novametal do Brasil
Ltda
City/Country: Pindamonhagaba, Brazil/BR
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: Stainless Bars SA
City/Country: Rancate, Switzerland/CH
Interest: 100.00% voting right,
100.00% capital interest
Class: 50-99%
Name: Ferriere di Stabio SA
City/Country: Stabio, Switzerland/CH
Interest: 0.00% capital interest
Class: 50-99%
Name: EZM Biennaform AG
City/Country: Biel/Bienne, Switzerland/CH
Interest: 51.00% voting right,
51.00% capital interest
Legal Actions
Control date Year No. Amount CHF Status
15.05.2008 2008 0
15.05.2008 2007 0
15.05.2008 2006 0
15.05.2008 2005 0
15.05.2008 2004 0
15.05.2008 2003 0
15.05.2008 2002 0
15.05.2008 2001 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 200'000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.18 |
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UK Pound |
1 |
Rs.77.49 |
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Euro |
1 |
Rs.67.96 |
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.