MIRA INFORM REPORT

 

 

Report Date :

10.03.2012

 

IDENTIFICATION DETAILS

 

Name :

POWERCOM SA

 

 

Registered Office :

Via Mulino 11, 6855 Stabio

 

 

Country :

Switzerland

 

 

Date of Incorporation :

1891

 

 

Com. Reg. No.:

524.9.008.516-8 / 434937

 

 

Legal Form :

Branch of foreign company

 

 

Line of Business :

Machinery, Electro technology

 

 

No. of Employees :

4

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

CHF 15'000.--

 

 

Status :

Small company  

 

 

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

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

 

Powercom SA, Lussemburgo, succursale di Stabio

 

 

Operating address

 

Via Mulino 11

6855 Stabio

Switzerland/CH

 

Telephone:                      091 6407020

Fax:                               091 6407024

 

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

E-mail:                            sales@powercom.ch

 

WIN Worldbox No.:          CH0003437177

VAT-No.:                         CHE104845385

 

 

Profile

 

Established:                    1891

Line of Business:             Machinery, Electro technology

Industry Division:             Manufacturing

Industry-code (NACE):     2813       Manufacture of other pumps and compressors

2712                               Manufacture of electricity distribution and control apparatus

Import/Export:                 Export

Export sales:                   98.0%

Quality certification:         ISO 9001:2000

Banks:                            unknown

 

 

Operational Figures

 

Coverage:                        Company

Employees:                     4

Sales:                             CHF 1-2 Mio

 

 

Activity

 

The business activities includes the manufacturing of hydraulic pumps, presses, clamps, cables, etc. for electricity distribution.

Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:                  524.9.008.516-8 / 434937

Legal form:                      Branch of foreign company

Registration:                    04.08.1998

Legal status:                   active

Responsible Register:      Registro di commercio del Cantone Ticino

 

Entry            Deleted      Name

04.08.1998                      Powercom SA, Lussemburgo, succursale di Stabio

 

Entry            Deleted      Legal domicile

04.08.1998                      Stabio, Switzerland

 

Entry            Deleted      Address

16.09.2009                      Via Mulino 11, 6855 Stabio/TI, Switzerland/CH

04.08.1998    16.09.2009  Via Lische 2, 6855 Stabio/TI, Switzerland/CH

 

Entry            Deleted      Remarks (original Language)

16.09.2009                      Headquarter capital: EUR 31'250.-- diviso in 1'250 azioni da Eur 25.--, interamente liberato.

30.10.2008                      Headquarter register number: B - 65218.

04.08.1998                      Headquarter: Lussemburgo (L).

04.08.1998                      Headquarter line of business: La produzione di attrezzature per la tesatura di linee elettriche.

04.08.1998                      Headquarter company: Powercom SA.

04.08.1998                      Headquarter legal form: Società anonima.

04.08.1998                      Headquarter register: Iscritta al Tribunale di e in Lussemburgo, registro di commercio e delle società il 15.07.1998, sezione B Nr. 65218.

 

 

Management

 

Title                                             Name

Branch Director                              Donato Cortesi, Origin: Poschiavo, Switzerland, Address: Aldesago , Switzerland, single signature

 

 

Executive board

 

Title                                             Name

Chief Executive Officer                    Donato Cortesi

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.

 

Maximum Credit:             CHF 15'000.--

 

 

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.50.01

UK Pound

1

Rs.79.00

Euro

1

Rs.66.17

 

 

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.