MIRA INFORM REPORT

Report Date :

08.06.2012

IDENTIFICATION DETAILS

Name :	VOS-TEXTIL GMBH
Registered Office :	Aeschstrasse 22, 8127 Forch
Country :	Switzerland
Date of Incorporation :	21.02.2000
Com. Reg. No.:	020.4.021.352-9 / 509903
Legal Form :	Limited Liability Company
Line of Business :	Subject sells second-hand machines for the manufacture of textiles
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

Status :	Moderate
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 – March 31^st, 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

VOS-Textil GmbH

Operating address

Aeschstrasse 22

8127 Forch

Switzerland/CH

Telephone: 044 3810707

Fax: 044 4228146

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

E-mail: info@vos.ch

VAT-No.: CHE105422716

Profile

Established: 2000

Line of Business: Industrial goods wholesale

Industry Division: Wholesale trade

Industry-code (NACE): 4664 Wholesale of machinery for the textile industry and of sewing and knitting machines

Import/Export: Import, Export

Banks: unknown

Operational Figures

Coverage: Company

Figures: estimated

Employees: 5

Sales: CHF 1-2 Mio

Activity

The company sells second-hand machines for the manufacture of textiles.

Real Estate

Information on property ownership was not available.

Company Register

Company No: 020.4.021.352-9 / 509903

Legal form: Limited Liability Company

Registration: 21.02.2000

Legal status: active

Responsible Register: Handelsregister des Kantons Zürich

History: Date of Statutes: 29.06.2009

Date of Statutes: 16.05.2006

Date of Incorporation Statutes: 01.02.2000

Entry Deleted Name

21.02.2000 VOS-Textil GmbH

Entry Deleted Legal domicile

31.05.2006 Uster, Switzerland

21.02.2000 31.05.2006 Zürich, Switzerland

Entry Deleted Address

31.05.2006 Strickstrasse 1, 8610 Uster/ZH, Switzerland/CH

31.05.2006 Minervastrasse 149, 8032 Zürich/ZH, Switzerland/CH

Entry Deleted Capital

21.02.2000 LLC Capital CHF 20'000

Entry Deleted Activity (original Language)

05.02.2010 Die Gesellschaft bezweckt An- und Verkauf von Textilmaschinen und Zubehör sowie Im- und Export von Waren aller Art. Die Gesellschaft kann im In- und Ausland Zweigniederlassungen errichten, sich an anderen Unternehmen beteiligen sowie andere Unternehmen erwerben oder erworbene Unternehmen verkaufen. Sie kann Liegenschaften und Wertschriften erwerben, verwalten und verkaufen. Sie kann alle kommerziellen und finanziellen Transaktionen durchführen, die der Verwirklichung ihres Zwecks förderlich sein könnten. Sie kann Darlehen aufnehmen und gewähren, Garantien und andere Sicherheiten stellen, Immaterialgüterrechte erwerben, verwalten und verwerten.

21.02.2000 05.02.2010 An- und Verkauf von Textilmaschinen und Zubehör sowie Im- und Export von Waren aller Art; kann sich an anderen Unternehmungen beteiligen sowie Wertschriften und Liegenschaften erwerben, belasten, verwalten und veräussern.

Entry Deleted Remarks (original Language)

05.02.2010 Reports: Die Mitteilungen der Geschäftsführung an die Gesellschafter erfolgen schriftlich oder per E-Mail.

05.02.2010 Obligations: Nebenleistungspflichten, Vorhand-, Vorkaufs- oder Kaufsrechte gemäss näherer Umschreibung in den Statuten.

05.02.2010 Audit: Gemäss Erklärung vom 15.06.2009 wurde auf die eingeschränkte Revision verzichtet.

21.02.2000 Publishing authority: SHAB.

Official Administration

Title Name

General Partner Werner Schüpbach, Origin: Oberthal, Switzerland, Address: 8703 Erlenbach/ZH, Switzerland, Capital share: CHF 11'000, single signature, Registered since: 21.02.2000

General Partner Peter Schüpbach, Origin: Oberthal, Switzerland, Address: Maur, Switzerland, Capital share: CHF 9'000, single signature, Registered since: 21.02.2000

Management

Title Name

General Manager Werner Schüpbach, Origin: Oberthal, Switzerland, Address: 8703 Erlenbach/ZH, Switzerland, single signature, Registered since: 21.02.2000

Chairman of the management Peter Schüpbach, Origin: Oberthal, Switzerland, Address: Maur, Switzerland, single signature, Registered since: 21.02.2000

Executive board

Title Name

Chief Executive Officer Peter Schüpbach

Owner/-s

No. of Owner/-s: 2

Owner: The company is in family ownership.

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.55.15
UK Pound	1	Rs.85.22
Euro	1	Rs.69.24

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.