MIRA INFORM REPORT

 

 

Report Date :           

21.01.2012

 

IDENTIFICATION DETAILS

 

Name :

MARVESA AG

 

 

Registered Office :

Baarerstrasse 80, 6300 Zug

 

 

Country :

Switzerland

 

 

Date of Incorporation :

13.12.2002

 

 

Com. Reg. No.:

170.3.025.996-1 / 693574

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

The business activities includes the sale of plant and animal (fish) oils and proteins

 

 

No. of Employees :

05

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

CHF 8'000

Status :

Small Company 

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

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name

 

Marvesa AG

 

 

Operating address

 

Baarerstrasse 80

6300 Zug

Switzerland/CH

Telephone:                    041 7271990

Fax:                             041 7271991

E-mail:                         marvesa@marvesa.ch

VAT-No.:                      CHE109865550

 

 

Profile

 

Established:                  2002

Line of Business:           Consumer goods wholesale

Industry Division:           Wholesale trade

Industry-code (NACE):     4639     Non-specialised wholesale of food, beverages and tobacco

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                     Company

Employees:                  5

 

 

Activity

 

The business activities includes the sale of plant and animal (fish) oils and proteins.

 

 

Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:                170.3.025.996-1 / 693574

Legal form:                    Company limited by shares

Registration:                 13.12.2002

Legal status:                 active

Responsible Register:    Handelsregister des Kantons Zug

Auditor:                        Ernst & Young AG, Zug

History:                        Date of Incorporation Statutes: 02.12.2002

 

Entry            Deleted   Name

13.12.2002                    Marvesa AG

13.12.2002                    Marvesa Ltd (Name translated)

13.12.2002                    Marvesa SA (Name translated)

 

Entry            Deleted   Legal domicile

13.12.2002                    Zug, Switzerland

 

Entry            Deleted   Address

02.10.2008                    Baarerstrasse 80, 6300 Zug/ZG, Switzerland/CH

13.12.2002    02.10.2008  c/o A. Smit Trading AG, Hertizentrum 8, 6300 Zug/ZG, Switzerland/CH

 

Entry            Deleted   Capital

13.12.2002                    Share Capital CHF 100'000, paidup CHF 100'000

 

Entry            Deleted   Capital Structure

13.12.2002                    100 Registered shares of CHF 1'000.--

 

Entry            Deleted   Activity (original Language)

13.12.2002                    Einkauf, Verkauf, Transport und Vertrieb von pflanzlichen und tierischen (Fisch) Ölen und Proteinen; kann Tochtergesellschaften errichten, sich an anderen Unternehmen beteiligen sowie Grundstücke erwerben, halten und veräussern.

 

Entry            Deleted   Remarks (original Language)

13.12.2002                    Publishing authority: SHAB.

 

 

Official Administration

 

Title                                           Name

President                                    Frank ter Voorde, Origin: Netherlands, Address: 6330 Cham, Switzerland, born: 1956, single signature, Registered since: 24.07.2008

Executive Director                       Leona ter Voorde, Origin: Netherlands, Address: 6330 Cham, Switzerland, born: 1952, single signature, Registered since: 24.07.2008

 

 

Management

 

Title                                           Name

Member with signing authority      Pieter J.A. Franken, Origin: Netherlands, Address: Maasland , Netherlands, single signature, Registered since: 13.12.2002

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Frank ter Voorde

 

 

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 8'000

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.50.33

UK Pound

1

Rs.77.97

Euro

1

Rs.65.07

 

 

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.