MIRA INFORM REPORT

 

 

Report Date :           

19.09.2011

 

IDENTIFICATION DETAILS

 

Name :

MICAVAC AG

 

 

Registered Office :

Jupiterstrasse 25, 8032 Zürich

 

 

Country :

Switzerland

 

 

Date of Incorporation :

04.08.2005

 

 

Com. Reg. No.:

Company limited by shares

 

 

Legal Form :

020.4.031.529-9 / 799751

 

 

Line of Business :

Development, Manufacture and Sale of machinery and equipment in the field of vacuum technology

 

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 15'000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually Correct 

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Switzerland

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 Bottom of Form

Company name

 

MICAVAC AG

 

 

Operating address

 

Jupiterstrasse 25

8032 Zürich

Switzerland/CH

Telephone:                    043 4998536

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

E-mail:                         info@micavac.com

VAT-No.:                      CHE112470703

 

 

Profile

 

Established:                  2005

Line of Business:           Machinery

Industry Division:           Manufacturing

Industry-code (NACE):     2829     Manufacture of other general-purpose machinery n.e.c.

Import/Export:               Import, Export

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                     Company

Figures:                        approximately

Employees:                  10-19

 

 

Activity

 

The business activities includes the development, manufacture and sale of machinery and equipment in the field of vacuum technology. The machineries are manufactured in Germany.

 

 

Real Estate

 

Information on property ownership was not available.

 

Company Register

 

Company No:                020.4.031.529-9 / 799751

Legal form:                    Company limited by shares

Registration:                 04.08.2005

Legal status:                 active

Responsible Register:    Handelsregister des Kantons Zürich

History:                        Date of Statutes: 04.11.2010

                                    Date of Statutes: 20.12.2005

                                    Date of Incorporation Statutes: 27.07.2005

 

Entry            Deleted   Name

21.12.2005                    MICAVAC AG

21.12.2005                    MICAVAC LTD (Name translated)

21.12.2005                    MICAVAC SA (Name translated)

04.08.2005    21.12.2005  MICAVAC GmbH

 

Entry            Deleted   Legal domicile

04.08.2005                    Zürich, Switzerland

 

Entry            Deleted   Address

04.08.2005                    Jupiterstrasse 25, 8032 Zürich/ZH, Switzerland/CH

 

Entry            Deleted   Capital

24.11.2010                    Share Capital CHF 110'000, paidup CHF 110'000

21.12.2005    24.11.2010  Share Capital CHF 100'000, paidup CHF 100'000

 

Entry            Deleted   Capital Structure

24.11.2010                    110 Registered shares of CHF 1'000.--

21.12.2005    24.11.2010  100 Registered shares of CHF 1'000.--

 

Entry            Deleted   Activity (original Language)

21.12.2005                    Zweck der Gesellschaft ist die Entwicklung, Herstellung und der Vertrieb von technischen Geräten und Anlagen für Industrie und Gewerbe im In- und Ausland sowie das Prozess-Engineering, die Diagnostik und Beratung im Besonderen im Bereich der verfahrenstechnischen Anlagen; wie auch die Erbringung von Service-, Unterhalts- und Revisionsleistungen für technische Geräte und Anlagen im In- und Ausland. Kauf und Verkauf, Registrierung, Verwertung und Betreuung von Immaterialgüterrechten aller Art. Planung, Realisierung und Verwertung von Franchise-Lösungen im In- und Ausland. Finanzierung oder Mitfinanzierung von Projekten, welche sich aus den vorerwähnten Aktivitäten der Gesellschaft ergeben können. Sie kann im übrigen alle Rechtsgeschäfte tätigen, welche geeignet sind, zur Entwicklung der Gesellschaft beizutragen und in direkter oder indirekter Beziehung zum Gesellschaftszweck stehen. Die Gesellschaft kann im In- und Ausland Zweigniederlassungen und Betriebsstätten errichten, sowie Grundstücke erwerben und veräussern. Sie kann sich an gleichen oder ähnlichen Unternehmen beteiligen oder solche erwerben.

                    21.12.2005  Die Gesellschaft bezweckt Service und Unterhalt von technischen Geräten und Anlagen; Engineering; Revisionen; Diagnostik und Empfehlungen; Erstellen von technischen Geräten und Anlagen. Die Gesellschaft kann Zweigniederlassungen und Tochtergesellschaften im In- und Ausland errichten und sich an anderen Unternehmen im In- und Ausland beteiligen sowie alle Geschäfte tätigen, die direkt oder indirekt mit ihrem Zweck in Zusammenhang stehen. Die Gesellschaft kann im In- und Ausland Grundeigentum erwerben, belasten, veräussern und verwalten. Sie kann auch Finanzierungen für eigene oder fremde Rechnung vornehmen sowie Garantien und Bürgschaften für Tochtergesellschaften und Dritte eingehen. Patente und Lizenzen aller Art erwerben, verwalten und veräussern.

 

Entry            Deleted   Remarks (original Language)

24.11.2010                    Capital: Ordentliche Erhöhung des Aktienkapitals.

24.11.2010                    Audit: Gemäss Erklärung vom 04.11.2010 wurde auf die eingeschränkte Revision verzichtet.

24.11.2010                    Reports: Mitteilungen an die Aktionäre erfolgen per Brief oder E-Mail an die im Aktienbuch verzeichneten Adressen.

21.12.2005                    Shares: Die Übertragbarkeit der Namenaktien ist nach Massgabe der Statuten beschränkt.

21.12.2005                    Change of Corporate Form: Die Gesellschaft mit beschränkter Haftung hat das Stammkapital von CHF 80'000.-- auf CHF 100'000.-- erhöht und wird gemäss Umwandlungsplan vom 20.12.2005 und Bilanz per 31.10.2005 mit Aktiven von CHF 136'473.70 und Passiven (Fremdkapital) von CHF 30'089.85 in eine Aktiengesellschaft umgewandelt. Die Gesellschafter erhalten für ihre bisherigen Stammanteile 100 Aktien zu CHF 1'000.--.

04.08.2005                    Publishing authority: SHAB.

 

 

Official Administration

 

Title                                           Name

President                                    Peter Keller, Origin: Zürich, Switzerland, Address: 8000 Zürich, Switzerland, single signature

Vice-President                            Steen Nielsen, Origin: Stallikon, Switzerland, Address: 8143 Stallikon, Switzerland, single signature

Executive Director                       Hansjörg Ketterer, Origin: Winterthur, Switzerland, Address: 8423 Embrach, Switzerland, single signature

Executive Director                       Paul Gmeiner, Origin: Full-Reuenthal, Switzerland, Address: 8966 Oberwil-Lieli, Switzerland, single signature

 

 

Management

 

Title                                           Name

Member with signing authority      Rolf Altemeier, Origin: Germany, Address: Dettighofen, Germany, single signature

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Paul Gmeiner

Chief Sales Officer                       Peter Keller

Chief Business Segment Officer    Steen Nielsen

Chief Business Segment Officer    Rolf Altemeier

 

 

Owner/-s

 

Owner:                            The company is privately owned.

 

 

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.47.47

UK Pound

1

Rs.74.96

Euro

1

Rs.65.79

 

 

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.