MIRA INFORM REPORT
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Report Date : |
28.09.2011 |
IDENTIFICATION DETAILS
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Name : |
BUSS CHEMTECH AG |
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Registered Office : |
Hohenrainstrasse 12 a, 4133 Pratteln 1 |
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Country : |
Switzerland |
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Date of Incorporation : |
22.12.1997 |
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Com. Reg. No.: |
280.3.000.893-5 / 455753 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Development, Manufacture and Distribution of chemical plants |
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 250'000 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Usually Correct |
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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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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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
Buss ChemTech AG
Operating address
Hohenrainstrasse 12 a
4133 Pratteln 1
Switzerland/CH
Telephone: 061
8256462
Fax: 061
8256737
Web
site: http://www.buss-ct.com
E-mail: info@buss-ct.com
VAT-No.: CHE108710531
Profile
Established: 1997
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code (NACE): 4669 Wholesale of other machinery and equipment
Import/Export: Export
Export
sales: 95.0%
Quality
certification: ISO 9001:2000
Banks: UBS Ltd
Operational Figures
Coverage: Company
Figures: approximately
Employees: 67
Sales: CHF 40'000'000.--
Activity
The business activities includes the development, manufacture and distribution
of chemical plants. The company specializes in the area of process engineering
of sophisticated chemical plants.
Real Estate
Information on property ownership was not available.
Company Register
Company
No: 280.3.000.893-5 /
455753
Legal
form: Company limited
by shares
Registration: 22.12.1997
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Basel-Landschaft
Auditor: unico thun ag, Thun
History: Date of Incorporation
Statutes: 27.11.1997
Date of
Statutes: 31.03.2006
Date of
Statutes: 27.03.2003
Date of
Statutes: 13.12.2001
Date of
Statutes: 08.04.1999
Date of
Statutes: 20.05.1998
Entry Deleted Name
03.04.2006 Buss
ChemTech AG
27.05.1998 Buss CPS Chemical Process Systems AG
18.12.2001 03.04.2006 Davy Process Technology (Switzerland) AG
29.04.1999 18.12.2001 Kvaerner Process Technology (Switzerland) AG
27.05.1998 29.04.1999 Kvaerner Buss CPS AG
Entry Deleted Legal domicile
active Pratteln,
Switzerland
Entry Deleted Address
24.08.2010 Hohenrainstrasse
12a, 4133 Pratteln/BL, Switzerland/CH
24.08.2010 Hohenrainstrasse 10, 4133 Pratteln/BL,
Switzerland/CH
Entry Deleted Capital
31.03.2003 Share
Capital CHF 4'000'000, paidup CHF 4'000'000
Entry Deleted Capital Structure
31.03.2003 4'000
Registered shares of CHF 1'000.--
Entry Deleted Activity (original Language)
18.12.2001 Insbesondere
in der Schweiz Entwicklung und Verkauf von Verfahren und Technologie auf dem
Gebiet der chemischen und thermischen Verfahrenstechnik sowie Planung, Projektierung,
Ausführung sowie Betrieb und Verkauf von Apparaten, Maschinen,
Funktionseinheiten und Anlagen in diesem Bereich. Die Gesellschaft kann
Grundstücke erwerben, belasten und veräussern sowie sich an anderen Unternehmen
beteiligen.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
active Shares:
Die Übertragbarkeit der Namenaktien ist nach Massgabe der Statuten beschränkt.
active Reports:
Die Mitteilungen der Gesellschaft an die Aktionäre erfolgen brieflich.
Official Administration
Title Name
President Urs
Santschi, Origin: Thun, Sigriswil, Switzerland, Address: Pfeffingen,
Switzerland, joint signature of two
Chief
Executive Marcel
Widmer, Origin: Zürich, Switzerland, Address: Magden, Switzerland, joint
signature of two
Executive
Director René
Nussbaum, Origin: Wattenwil, Switzerland, Address: Wichtrach, Switzerland,
joint signature of two
Management
Title Name
Member
with signing authority Norbert Drefs,
Origin: Germany, Address: Buggingen, Germany, joint signature of two
Member
with signing authority Cornelia
Hiller, Origin: Germany, Address: Wehr , Germany, joint signature of two
Executive board
Title Name
Chief
Executive Officer Marcel
Widmer (marcel.widmer@buss-ct.com)
Chief
Financial Officer Cornelia
Hiller (cornelia.lademann@buss-ct.com)
Chief
Technical Officer Norbert
Drefs (norbert.drefs@buss-ct.com)
Ultimate Parent Company
Name: BCT Holding AG
City/Country: Pratteln, Switzerland/CH
Owner/-s
No.
of Owner/-s: 1
Owner: The company is domestic
owned.
Class: 100%
Name: BCT Holding AG
City/Country: Pratteln, Switzerland/CH
Interest: 100.00% voting right,
100.00% capital interest
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 in order.
Payment
experiences: There are no objections
regarding the payment of financial obligations.
Maximum
Credit: CHF 250'000
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.18 |
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UK Pound |
1 |
Rs.76.65 |
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Euro |
1 |
Rs.66.63 |
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.