MIRA INFORM REPORT

 

 

Report Date :           

26.07.2012

 

IDENTIFICATION DETAILS

 

Name :

ALLSEEDS SWITZERLAND SA

 

 

Registered Office :

Route de Jussy 29, 1226 Thônex

 

 

Country :

Switzerland

 

 

Date of Incorporation :

03.02.2004

 

 

Com. Reg. No.:

660.0.242.004-9 / 735902

 

           

Legal Form :

Company limited by shares

 

 

Line of Business :

Trade brokers

 

 

No. of Employees :

07

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

No Complaint

 

 

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

C1

C1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

Company name

 

Allseeds Switzerland SA

 

 

Operating address

 

Operating address:

Route de Jussy 29

1226 Thônex

Switzerland/CH

Telephone:        022 8608350

Fax:                  022 3483054

Web site:          http://www.allseeds.com

E-mail:              info@allseeds.com

VAT-No.:           CHE110514399

 

 

Profile

 

Established:                  2004

Line of Business:           Trade brokers

Industry Division:            Wholesale trade

Industry-code (NACE):    4611     Agents involved in the sale of agricultural raw materials, live animals, textile raw materials and semi-finished goods

Import/Export:                Agency

Banks:                          unknown

 

 

Operational Figures

 

Coverage:          Company

Employees:       7

 

 

Activity

 

The activities includes the international trade in raw materials, particularly with sunflower oil. The company markets some 350 000 tonnes of sunflower oil per year.

 

 

 

Real Estate

 

Real Estate:      The company owns no property.

 

 

Company Register

 

Company No:                660.0.242.004-9 / 735902

Legal form:                    Company limited by shares

Registration:                  03.02.2004

Legal status:                 active

Responsible Register:    Registre du commerce du canton de Genève

History:                         Date of Statutes: 16.11.2011

                                    Date of Statutes: 16.09.2010

                                    Date of Statutes: 17.06.2010

                                    Date of Statutes: 10.11.2006

                                    Date of Incorporation Statutes: 16.01.2004

 

Entry                Deleted            Name

25.06.2010                                Allseeds Switzerland SA

03.02.2004        25.06.2010        Allseeds Holding SA

 

Entry                Deleted            Legal domicile

03.02.2004                                Thônex, Switzerland

 

Entry                Deleted            Address

25.06.2010                                Route de Jussy 29, 1226 Thônex/GE, Switzerland/CH

16.11.2006        25.06.2010        c/o ALLSEEDS MANAGEMENT SA, Route de Jussy 29, 1226 Thônex/GE,

Switzerland/CH

03.02.2004        16.11.2006        c/o ALLSEEDS TRADE SA, route de Jussy 29, 1226 Thônex/GE,

Switzerland/CH

 

Entry                Deleted            Capital

20.09.2010                                Share Capital CHF 1'500'000, paidup CHF 1'500'000

03.02.2004        20.09.2010        Share Capital CHF 250'000, paidup CHF 250'000

 

Entry                Deleted            Capital Structure

20.09.2010                                1'500 Registered shares of CHF 1'000.--

03.02.2004        20.09.2010        250 Bearer shares of CHF 1'000.--

 

Entry                Deleted            Activity (original Language)

18.11.2011                                Toutes activités dans le domaine du négoce, ainsi qu'achat, vente, administration et gestion de participations dans toute société ou entreprise, à l'exclusion des opérations soumises à la LFAIE (cf. statuts pour but complet).

25.06.2010        18.11.2011        Toutes activités dans le domaine du négoce, ainsi qu'achat, vente, administration

et gestion de participations dans toute société ou entreprise, à l'exclusion des opérations soumises à la LFAIE (cf. statuts pour but complet).

03.02.2004        25.06.2010        Achat, vente, administration et gestion de participations dans toutes sociétés ou

entreprise de toute nature, à l'exclusion des opérations soumises à la LFAIE.

 

Entry                Deleted            Remarks (original Language)

20.09.2010                                Reports: Communication aux actionnaires: lettre recommandée ou fax.

25.06.2010                                Merger: Reprise des actifs et passifs de ALLSEEDS TRADE SA, à Thônex (CH-660-1532998-5), selon contrat de fusion du 17.06.2010 et bilan au 31.03.2010, présentant des actifs de CHF 275'127, des passifs envers les tiers de CHF 20'476, soit un actif net de CHF 254'651. La société reprenante détenant l'ensemble des actions de la société transférante, la fusion ne donne pas lieu à une augmentation du capital, ni à une attribution d'actions. Fusion: reprise des actifs et passifs de ALLSEEDS MANAGEMENT SA, à Thônex (CH-660-0853004-8), selon contrat de fusion du 17.06.2010 et bilan au 31.03.2010, présentant des actifs de CHF 1'583'932, des passifs envers les tiers de CHF 951'718, soit un actif net de CHF 632'214. La société reprenante détenant l'ensemble des actions de la société transférante, la fusion ne donne pas lieu à une augmentation du capital, ni à une attribution d'actions.

03.02.2004                                Publishing authority: Feuille Officielle Suisse du Commerce.

03.02.2004        20.09.2010        Reports: Communication aux actionnaires: Feuille Officielle Suisse du

Commerce ou lettre recommandée s'ils sont tous connus.

 

 

Official Administration

 

Title                             Name

President                      René Freiburghaus, Origin: Peseux, Switzerland, Residential address: Lancy, Switzerland, single signature, Registered since: 25.06.2010

Executive Director          Raymond Bourrecoud, Origin: Apples, Switzerland, Residential address: 1226 Thônex/GE, Switzerland, born: 08.02.1937, single signature, Registered since: 03.02.2004

Executive Director          Antonius Huls, Origin: Pays-Bas, Switzerland, Residential address: Amsterdam, Netherlands, single signature, Registered since: 22.07.2010

 

 

Management

 

Title                                         Name

Member with signing authority     Cornelis Vrins, Origin: Pays-Bas, Switzerland, Residential address: Chêne-Bourg, Switzerland, single signature, Registered since: 22.03.2004

 

 

External Positions

 

Title                                         Name

Auditor                                      KPMG SA, Residential address: Genève/GE, Switzerland, Registered since: 23.04.2007

 

 

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.

 

Remarks

The Allseeds Group has 2 other offices:

 

Kiev Office:

19, G.Skovorody street

Podil Plaza

Kiev, 04070, Ukraine

Phone: +380 44 495 49 19

Fax: +380 44 495 49 18

info-kiev@allseeds.com

 

Cairo office:

Building 218, Street 53 off Choueifat Road

5th Community

New Cairo, Cairo Egypt

Phone: +20 2 261 84 245

Phone: +20 2 29 29 94 92

Fax: +20 2 35 36 58 51

info@allseedsme.com

 

Financial Situation:        The financial situation is considered to be in order.

 

Payment experiences:    There are no objections regarding the payment of financial obligations.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.56.02

UK Pound

1

Rs.86.89

Euro

1

Rs.67.84

 

 

INFORMATION DETAILS

 

Report Prepared by :

SDA

 

 

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.