MIRA INFORM REPORT
|
Report Date : |
25.10.2011 |
IDENTIFICATION DETAILS
|
Name : |
ANDREW AG |
|
|
|
|
Registered Office : |
Talstrasse 80, 8001 Zürich |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Date of Incorporation : |
07.08.1984 |
|
|
|
|
Com. Reg. No.: |
020.3.901.367-8 / 6841 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
trade in equipment for communications systems |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
CHF 40'000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
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
Andrew AG
Operating address
Talstrasse 80
8001 Zürich
Switzerland/CH
Telephone: 044
8637373
Fax: 044
8637380
Web
site: http://www.andrew.com
E-mail: andrew.ch@andrew.com
VAT-No.: CHE106945879
Profile
Established: 1984
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code (NACE): 4669 Wholesale of other machinery and equipment
Import/Export: Import, Export
Banks: CS Credit Suisse
Operational Figures
Coverage: Company
Figures: estimated
Employees: 35
Sales: CHF 20-40 Mio
Activity
The company intends to trade in equipment for communications systems.
Real Estate
Information on property ownership was not available.
Company Register
Company
No: 020.3.901.367-8 / 6841
Legal
form: Company limited
by shares
Registration: 07.08.1984
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Zürich
Auditor: Ernst & Young AG
(CH-020.9.001.069-0), Zürich
History: Date of Incorporation
Statutes: 30.09.1985
Date of
Statutes: 04.02.2011
Date of
Statutes: 04.01.2011
Date of Statutes:
02.08.1995
Entry Deleted Name
active Andrew
AG
Entry Deleted Legal domicile
09.02.2011 Zürich,
Switzerland
09.02.2011 Bachenbülach, Switzerland
Entry Deleted Address
09.02.2011 Talstrasse
80, 8001 Zürich/ZH, Switzerland/CH
09.02.2011 Bächliwis 2B, 8184 Bachenbülach,
Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 17'200'000, paidup CHF 17'200'000
Entry Deleted Capital Structure
active 1'000
Registered shares of CHF 17'200.--
Entry Deleted Activity (original Language)
18.01.2011 Die
Gesellschaft bezweckt den Handel mit Ausrüstungen für Kommunikationssysteme;
Patente, Handelsmarken und technische und industrielle Kenntnisse zu erwerben,
zu verwalten, zu verwerten und zu übertragen; technische und administrative
Beratungsdienste zu leisten; sich an anderen Industrie- und Handelsunternehmen
zu beteiligen, im In- und Ausland Zweigniederlassungen zu errichten und
Tochtergesellschaften zu gründen und alle mit dem vorgenannten Zwecken
unmittelbar oder mittelbar zusammenhängenden Geschäfte zu tätigen. Die
Gesellschaft kann Finanzierungsgeschäfte tätigen, Dritten sowie den direkten
und indirekten Aktionären der Gesellschaft und Gruppengesellschaften Darlehen
gewähren und für deren Verbindlichkeiten gegenüber Dritten Sicherheiten aller
Art bestellen, einschliesslich Pfänder, Sicherungsübereignungen und Garantien,
auch wenn diese Darlehen oder Sicherheiten im ausschliesslichen Interesse ihrer
direkten oder indirekten Aktionären oder anderer Gruppengesellschaften liegen
und unentgeltlich gewährt werden.
18.01.2011 Bezweckt, Handel mit Ausrüstungen für
Kommunikationssysteme, Patente, Handelsmarken und technische und industrielle
Kenntnisse zu erwerben, verwalten, verwerten und zu übertragen, technische und
administrative Beratungsdienste zu leisten, sich an anderen Industrie- und
Handelsunternehmen zu beteiligen.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
active Financial
data: CHF 17'100'000.-- durch Verrechnung liberiert.
14.08.1995 Shares:
Die Übertragbarkeit der Namenaktien ist nach Massgabe der Statuten beschränkt.
14.08.1995 Reports:
Mitteilungen der Gesellschaft erfolgen schriftlich an die im Aktienbuch
eingetragenen Adressen der Aktionäre und Nutzniesser. Sofern das Gesetz nicht zwingend
etwas anderes bestimmt, kann der Verwaltungsrat Mitteilungen auch durch
einmalige Publikation im SHAB vornehmen.
Official Administration
Title Name
President Mark A.
Olson, Origin: United States of America, Address: Orland Park, United States of
America, single signature
Chief
Executive Raymond
Tilmant, Origin: Belgium, Address: Saint Vaast, Belgium, single signature,
Appointment: 16.11.2009
Management
Title Name
Director Michael D.
Coppin, Origin: United States of America, Address: Denver , United States of
America, single signature, Appointment: 16.11.2009
Director Markus
Kalt, Origin: Böttstein, Switzerland, Address: 5315 Böttstein/AG, Switzerland,
single signature, Appointment: 16.11.2009
Member
with signing authority Philip Martin
Armstrong Jr., Origin: United States of America, Address: Hickory /NC, United
States of America, single signature, Appointment: 09.02.2011
Member
with signing authority Jearld L.
Leonhardt, Origin: United States of America, Address: Newton /NC, United States
of America, single signature, Appointment: 09.02.2011
Member
with signing authority Barry Dale
Graham, Origin: United States of America, Address: Conover /NC, United States
of America, single signature, Appointment: 09.02.2011
Member
with signing authority Frank B. Wyatt
ll, Origin: United States of America, Address: Hickory /NC, United States of
America, single signature, Appointment: 18.01.2011
Ultimate Parent Company
Name: Andrew Corporation
City/Country: Hickory, United States of
America/US
Owner/-s
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Name: Andrew Corporation
City/Country: Hickory, United States of
America/US
Interest: 100.00% voting right,
100.00% capital interest
Sisters
Name: Andrew
Kommunikationssysteme AG
City/Country: Balsthal, Switzerland/CH
Investments
It is believed that the company has no investments.
Legal Actions
Control date Year No. Amount CHF Status
16.02.2009 2009 0
16.02.2009 2008 0
16.02.2009 2007 0
16.02.2009 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 in an orderly manner.
Maximum
Credit: CHF 40'000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.87 |
|
UK Pound |
1 |
Rs.79.73 |
|
Euro |
1 |
Rs.69.52 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.