MIRA INFORM REPORT

 

 

Report Date :

28.06.2012

 

IDENTIFICATION DETAILS

 

Name :

AMINI AFGHAN-TEPPICH AG

 

 

Registered Office :

Freilagerstrasse 47, Block 2 Parterre tor 11-13, Postfach, 8047 Zürich

 

 

Country :

Switzerland

 

 

Date of Incorporation :

22.12.1981

 

 

Com. Reg. No.:

020.3.900.393-7 / 6063

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

import, trading and selling of Afghan carpets and arts craft goods from Afghanistan

 

 

No. of Employees :

04

 

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

 

Amini Afghan-Teppich AG

 

 

Operating address

 

Freilagerstrasse 47

Block 2 Parterre tor 11-13

Postfach

8047 Zürich

Switzerland/CH

Telephone:                    044 4931719

Fax:                             044 4931949

E-mail:                         aamini@bluewin.ch

VAT-No.:                      CHE108018487

 

 

Profile

 

Established:                  1981

Line of Business:           Retail stores, Consumer goods wholesale

Industry Division:           Retail trade, Wholesale trade

Industry-code (NACE):     4753     Retail sale of carpets, rugs, wall and floor coverings in specialised stores

                                      4647     Wholesale of furniture, carpets and lighting equipment

Import/Export:               Import

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                     Company

Figures:                        approximately

Employees:                  4

Sales:                          CHF 1-2 Mio

 

 

Activity

 

The business activities includes the import, trading and selling of Afghan carpets and arts craft goods from Afghanistan.

 

 

Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:                020.3.900.393-7 / 6063

Legal form:                    Company limited by shares

Registration:                 22.12.1981

Legal status:                 active

Responsible Register:    Handelsregister des Kantons Zürich

History:                        Date of Statutes: 16.07.1987

                                    Date of Statutes: 29.06.2009

 

Entry            Deleted   Name

active                           Amini Afghan-Teppich AG

 

Entry            Deleted   Legal domicile

active                           Zürich, Switzerland

 

Entry            Deleted   Address

active                           Freilagerstrasse 47, 8047 Zürich/ZH, Switzerland/CH

 

Entry            Deleted   Capital

active                           Share Capital CHF 50'000, paidup CHF 50'000

 

Entry            Deleted   Capital Structure

active                           50 Bearer shares of CHF 1'000.--

 

Entry            Deleted   Activity (original Language)

active                           Import und Handel mit Afghan-Teppichen und mit kunsthandwerklichen Erzeugnissen aus Afghanistan, kann Liegenschaften erwerben, veräussern und verwalten.

 

Entry            Deleted   Remarks (original Language)

active                           Publishing authority: SHAB.

15.06.2010                    Reports: Mitteilungen an die Aktionäre erfolgen durch Publikation im SHAB.

 

 

Official Administration

 

Title                                           Name

Executive Director                       Aminullah Khawaja Amini, Origin: Bremgarten AG, Switzerland, Residential address: 5620 Bremgarten AG, Switzerland, single signature

 

 

External Positions

 

Title                                           Name

Auditor                                       Confisus Treuhand AG, Residential address: Dietikon, Switzerland, Registered since: 15.06.2010

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Aminullah Khawaja Amini

 

 

Owner/-s

 

No. of Owner/-s:            1

Owner:                         The company is privately owned.

 

Class:                          100%

Name:                          Aminullah Khawaja Amini

City/Country:                 Bremgarten, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest

 

 

Investments

 

It is believed that the company has no investments.

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

30.09.2010          2010                           0

30.09.2010          2009                           1                       200.--      Legal actions

30.09.2010          2008                           1                       125.--      Paid 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 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.57.22

UK Pound

1

Rs.89.42

Euro

1

Rs.71.46

 

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.