MIRA INFORM REPORT

 

 

Report Date :

16.01.2012

 

IDENTIFICATION DETAILS

 

Name :

DUMAR SA

 

 

Registered Office :

Rue de la Filature 17 1227 Genève

 

 

Country :

Switzerland

 

 

Date of Incorporation :

05.02.1969

 

 

Com. Reg. No.:

660.0.042.969-5 / 349465

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

Trading in fibres, yarns, cloths, ready-made and dehydrated vegetables

 

 

No. of Employees :

5

 

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 70'000

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 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

 

Dumar SA

 

Operating address:

Rue de la Filature 17

1227 Genève

Switzerland/CH

 

Telephone:                    022 7020930

Fax:                             022 3466906

 

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

E-mail:                         info@dumar.ch

 

VAT-No.:                      CHE107902861

 

 

Profile

 

Established:                  1967

Line of Business:           Trade brokers

Industry Division:           Wholesale trade

Industry-code (NACE):   4619       Agents involved in the sale of a variety of goods

Import/Export:               Import, export agency

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                     Company

Figures:                        approximately

Employees:                  5

 

 

Activity

 

The business activities includes trading in fibres, yarns, cloths, ready-made and dehydrated vegetables from Middle-East, Europe and Far-East.

 

 

Real Estate

 

Information on property ownership was not available.

 

Company Register

 

Company No:                660.0.042.969-5 / 349465

Legal form:                    Company limited by shares

Registration:                 05.02.1969

Legal status:                 active

Responsible Register:    Registre du commerce du canton de Genève

Auditor:                        Fiduciaire Verifid SA , Genève

History:                        Date of Statutes: 21.10.2011

                                    Date of Statutes: 31.01.2006

                                    Date of Statutes: 12.11.1998

                                    Date of Statutes: 13.01.1995

 

Entry          Deleted      Name

active                           Dumar SA

                  removed      Switrade SA

 

Entry          Deleted      Legal domicile

03.02.2006                    Carouge (GE), Switzerland

                  03.02.2006  Genève, Switzerland

 

Entry          Deleted      Address

03.02.2006                    Rue de la Filature 17, 1227 Carouge/GE, Switzerland/CH

                  03.02.2006  rue Michel-Servet 14, c/Dumar SA, 1227 Carouge/GE, Switzerland/CH

 

Entry          Deleted      Capital

19.11.1998                    Share Capital CHF 400'000, paidup CHF 400'000

 

Entry          Deleted      Capital Structure

19.11.1998                    400 Bearer shares of CHF 1'000.--

 

Entry          Deleted      Activity (original Language)

active                           Toutes opérations commerciales, notamment achat, vente, représentation et courtage, portant sur des produits et marchandises de toute nature et de toute provenance, ainsi que toutes opérations financières.

 

Entry          Deleted      Remarks (original Language)

active                           Publishing authority: FOSC.

active                           Board of directors: 1 ou plusieurs membres.

27.10.2011                    Reports: Communication aux actionnaires: Feuille Officielle Suisse du Commerce ou lettre recommandée s'ils sont tous connus.

 

 

Official Administration

 

Title                                           Name

President                                    Giuseppe Colucci , Origin: Genève, Switzerland, Address: Plan-les-Ouates , Switzerland, single signature, Registered since: 21.02.1997

Executive Director                        Denis Reboli , Origin: Genève, Switzerland, Address: Veigy-Foncenex, France, single signature

 

 

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

16.02.2009          2009                           0

16.02.2009          2008                           0

16.02.2009          2007                           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 considered to be in order.

 

Payment experiences:   Financial obligations are met in an orderly manner.

 

Maximum Credit:           CHF 70'000.--

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.51.43

UK Pound

1

Rs.79.10

Euro

1

Rs.66.17

 

 

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.