MIRA INFORM REPORT

 

 

Report Date :

31.07.2012

 

IDENTIFICATION DETAILS

 

Name :

NINGBO CHEMICALS GMBH

 

 

Registered Office :

c/o Künzle Treuhand AG, St. Gallerstrasse 117, 8645 Jona

 

 

Country :

Switzerland

 

 

Date of Incorporation :

21.01.2009

 

 

Com. Reg. No.:

320.4.064.645-6 / 933636

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

international trade in chemicals and oil products

 

 

No. of Employees :

01-09 Employees

 

 

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 :

Unknown

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, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

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

 

Ningbo Chemicals GmbH

 

 

Operating address

 

c/o Künzle Treuhand AG

St. Gallerstrasse 117

8645 Jona

Switzerland/CH

Telephone:                    055 2240000

Fax:                             055 2240001

VAT-No.:                      CHE114681949

 

 

Profile

 

Established:                  2009

Line of Business:           Trade brokers

Industry Division:           Wholesale trade

Industry-code (NACE):     4612     Agents involved in the sale of fuels, ores, metals and industrial chemicals

Import/Export:               Agency

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                     Company

Employees:                  1-9

 

 

Activity

 

The business activities includes the international trade in chemicals and oil products.

 

 

Real Estate

 

Information on property ownership was not available.

 

Company Register

 

Company No:                320.4.064.645-6 / 933636

Legal form:                    Limited Liability Company

Registration:                 21.01.2009

Legal status:                 active

Responsible Register:    Handelsregister des Kantons St. Gallen

History:                        Date of Incorporation Statutes: 09.01.2009

 

Entry            Deleted   Name

21.01.2009                    Ningbo Chemicals GmbH

 

Entry            Deleted   Legal domicile

21.01.2009                    Lichtensteig, Switzerland

 

Entry            Deleted   Address

21.01.2009                    Weierbodenstrasse 4, 9620 Lichtensteig/SG, Switzerland/CH

 

Entry            Deleted   Capital

21.01.2009                    LLC Capital CHF 20'000

 

Entry            Deleted   Capital Structure

21.01.2009                    20 Participation shares of CHF 1'000.--

 

Entry            Deleted   Activity (original Language)

21.01.2009                    Handel, insbesondere der internationale Handel, von und mit Ölprodukten und Chemikalien. Die Gesellschaft kann im In- und Ausland Zweigniederlassungen errichten, sich an anderen Unternehmungen im In- und Ausland beteiligen, gleichartige oder verwandte Unternehmungen erwerben oder errichten sowie Urheberrechte, Patente und Lizenzen aller Art erwerben, verwalten und veräussern.

 

Entry            Deleted   Remarks (original Language)

21.01.2009                    Publishing authority: SHAB.

21.01.2009                    Reports: Die Mitteilungen der Geschäftsführung an die Gesellschafter erfolgen schriftlich oder per E-Mail.

21.01.2009                    Audit: Gemäss Erklärung der Geschäftsführung vom 09.01.2009 untersteht die Gesellschaft keiner ordentlichen Revision und verzichtet auf eine eingeschränkte Revision.

 

 

Management

 

Title                                           Name

General Manager                         Peter Bietenharder, Origin: Hasle bei Burgdorf, Switzerland, Residential address: 8640 Rapperswil/SG, Switzerland, single signature, Registered since: 23.08.0201

 

 

Owner/-s

 

No. of Owner/-s:            1

Owner:                         The company is domestic owned.

 

Class:                          100%

Name:                          Künzle Treuhand AG

City/Country:                 Jona, Switzerland/CH

Capital share:                CHF 20'000.--

Interest:                        100.00% voting right, 100.00% capital interest

 

 

Sisters

 

Name:                          ABC Investments GmbH

City/Country:                 Lichtensteig, Switzerland/CH

 

 

Investments

 

It is believed that the company has no investments.

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

08.09.2009          2009                           0

08.09.2009          2008                           0

08.09.2009          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:   There are no objections regarding the payment of financial obligations.

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.44

UK Pound

1

Rs.87.12

Euro

1

Rs.68.15

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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%)

 

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.