MIRA INFORM REPORT

 

 

Report Date :

05.06.2012

 

IDENTIFICATION DETAILS

 

Name :

PLASTRUB S.A.

 

 

Registered Office :

Chemin des Primevères 45, 1700 Fribourg

 

 

Country :

Switzerland

 

 

Date of Incorporation :

28.10.1983

 

 

Com. Reg. No.:

217.0.134.564-1 / 137520

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

import, export and sale of raw materials, semi-finished and finished products, metal products and plastic products

 

 

No. of Employees :

02

 

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

 

Plastrub S.A.

 

 

Operating address

 

Chemin des Primevères 45

1700 Fribourg

Switzerland/CH

Telephone:                    026 4248353

Fax:                             026 4248313

VAT-No.:                      CHE103350193

 

 

Profile

 

Established:                  1983

Line of Business:           Consumer goods wholesale

Industry Division:           Wholesale trade

Industry-code (NACE):     4674     Wholesale of hardware, plumbing and heating equipment and supplies

Import/Export:               Import, Export

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                     Company

Employees:                  2

 

 

Activity

 

The business activities includes the import, export and sale of raw materials, semi-finished and finished products, metal products and plastic products.

 

 

Real Estate

 

Information on property ownership was not available.

 

Company Register

 

Company No:                217.0.134.564-1 / 137520

Legal form:                    Company limited by shares

Registration:                 28.10.1983

Legal status:                 active

Responsible Register:    Handelsregister des Saane-Bezirkes (FR)

History:                        Date of Statutes: 25.09.1998

                                    Date of Statutes: 09.04.1986

                                    Date of Incorporation Statutes: 27.10.1983

 

Entry            Deleted   Name

active                           Plastrub SA

active                           Plastrub Ltd (Name translated)

active                           Plastrub AG (Name translated)

 

Entry            Deleted   Legal domicile

active                           Fribourg, Switzerland

 

Entry            Deleted   Address

active                           Chemin des Primevères 45, 1700 Fribourg/FR, Switzerland/CH

 

Entry            Deleted   Capital

active                           Share Capital CHF 200'000, paidup CHF 200'000

 

Entry            Deleted   Capital Structure

active                           200 Bearer shares of CHF 1'000.--

 

Entry            Deleted   Activity (original Language)

active                           Acheter, vendre, importer et exporter des matières premières, des produits semi-finis ou finis, notamment des matières plastiques et des produits à base de caoutchouc naturel ou synthétique.

 

Entry            Deleted   Remarks (original Language)

active                           Publishing authority: FOSC.

active                           Reports: Communication aux actionnaires: FOSC.

 

 

Official Administration

 

Title                                           Name

Executive Director                       Gaston Baudet, Origin: La Corbaz, Switzerland, Address: Fribourg, Switzerland, single signature

 

 

External Positions

 

Title                                           Name

Auditor                                       Fribourg Fidutrust Revision SA , Address: Fribourg, Switzerland, Registered since: 22.10.2010

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Gaston Baudet

 

 

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.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.52

UK Pound

1

Rs.85.29

Euro

1

Rs.68.86

 

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%)

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.