MIRA INFORM
REPORT
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Report Date : |
05.03.2012 |
IDENTIFICATION DETAILS
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Correct Name : |
THE MACHINES YVONAND SA |
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Registered Office : |
Rue de l'Industrie 5, 1462 Yvonand |
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Country : |
Switzerland |
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Date of Incorporation : |
06.10.1986 |
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Com. Reg. No.: |
645.1.008.021-1 / 193252 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Subject build machines and
complete production lines for customers worldwide |
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No. of Employees
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55 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
CHF 80'000 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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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
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Switzerland |
a2 |
a2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
THE Machines Yvonand SA
Rue de l'Industrie 5
1462 Yvonand
Switzerland/CH
Telephone: 024
4235050
Fax: 024
4235051
Web site: http://www.the-machines.ch
E-mail: info@the-machines.ch
VAT-No.: CHE100739494
Established: 1986
Line of Business: Machinery, Electro technology
Industry Division: Manufacturing
Industry-code (NACE): 2899 Manufacture of
other special-purpose machinery n.e.c.
2611 Manufacture of electronic components
Import/Export: Export
Banks: unknown
Coverage: Company
Financial year: 2011
Employees: 55
Sales: CHF
28'000'000.--
The Company build machines and
complete production lines for customers worldwide. The Company has now-how and
excellent technical expertise in the following areas:
* Irrigation pipes
production lines with flat dripper
* Irrigation pipes
production lines with cylindrical drippers
* Drip Tape
irrigation pipes production lines
* Equipment for
multilayer pipes production (composite pipes)
* Precision forming
and welding of thin wall metal pipes
* Laser cutting and
welding of coated and uncoated metal tapes
Real Estate: The company owns no
property.
Company No: 645.1.008.021-1
/ 193252
Legal form: Company
limited by shares
Registration: 06.10.1986
Legal status: active
Responsible Register: Registre du commerce du canton de Vaud
Auditor: Eddy
Deuber Fiduciaire (CH-645-4097449-1), Cortaillod
History: Date
of Statutes: 20.11.2009
Date
of Statutes: 23.10.2009
Date
of Incorporation Statutes: 03.10.1986
Entry Deleted Name
07.12.2009 THE
Machines Yvonand SA
07.12.2009 THE Thomas Machines S.A.
Entry Deleted Legal domicile
04.11.2009 Yvonand,
Switzerland
04.11.2009 Val-de-Travers, Switzerland
Entry Deleted Address
04.11.2009 Rue
de l'Industrie 5, 1462 Yvonand/VD, Switzerland/CH
25.02.2009 rue de la Gare 2 bis, 2108 Couvet,
Switzerland/CH
25.02.2009 04.11.2009 Rue de la Gare, 2108 Couvet/NE, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 204'000, paidup CHF 204'000
Entry Deleted Capital Structure
active 2'040
Registered shares of CHF 100.--
Entry Deleted Activity (original Language)
active La
société a pour but la conception, le développement, la fabrication et la
commercialisation de produits dans le domaine de la mécanique, de
l'électronique, de la robotique et du traitement de l'eau, ainsi que la prodution
de circuits intégrés (pour but complet cf. statuts).
Entry Deleted Remarks (original Language)
active Publishing
authority: Feuille officielle suisse du commerce.
04.11.2009 Reports:
Communications aux actionnaires: par écrit ou par courriel, si les noms de tous
les actionnaires sont connus, ou à défaut, par insertion dans la Feuille
Officielle Suisse du Commerce.
Title Name
President Ajit
Jain, Origin: India, Address: Jalagon , India, single signature
Executive Director Ramanathan Swaminathan, Origin: India,
Address: Jalagon , India, single signature
Executive Director Eberhard Kertscher, Origin: Germany, Address:
Yvonand, Switzerland, single signature
Title Name
Director Wolfgang
Reith , Origin: Germany, Address: 1462 Yvonand/VD, Switzerland, joint signature
of two, Restricted signatory powers, Registered since: 17.11.2010
Member with signing authority Rémy Bruggmann , Origin: Bâle,
Switzerland, Address: Grandson, Switzerland, joint signature of two, Registered
since: 04.11.2009
Member with signing authority Eddy Bader , Origin: Langenbruck,
Switzerland, Address: Bôle, Switzerland, joint signature of two, Restricted
signatory powers, Registered since: 04.11.2009
Member Yves
Lanoir , Origin: Cornol, Switzerland, Address: Vaumarcus, Switzerland, joint
signature of two, Registered since: 04.11.2009
Title Name
Chief Executive Officer Wolfgang Reith
Name: Jain
Irrigation Systems Limited
City/Country: Jalgaon,
India/IN
Owner: The
company is foreign owned.
Class: 50-99%
Name: JISL
Systems SA
City/Country: Neuchâtel,
Switzerland/CH
Interest: 69.75%
voting right, 69.75% capital interest
Class: 50-99%
Name: Pro
Tool AG
City/Country: Wynau,
Switzerland/CH
Interest: 75.00%
voting right, 75.00% capital interest
Control date Year No. Amount CHF Status
08.03.2011 2011 0
08.03.2011 2010 0
08.03.2011 2009 0
08.03.2011 2008 0
08.03.2011 2007 0
21.10.2005 2005 1 7'500.-- Open legal actions
21.10.2005 2005 1 55'500.-- Opposition filed
21.10.2005 2004 1 4'500.-- Opposition filed
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.
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 in order.
Payment experiences: Financial obligations are met in an orderly manner.
Maximum Credit: CHF
80'000
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.35 |
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UK Pound |
1 |
Rs.78.68 |
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Euro |
1 |
Rs.65.63 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.