|
Report Date : |
16.11.2012 |
IDENTIFICATION DETAILS
|
Name : |
MAX SCHILD AG |
|
|
|
|
Registered Office : |
Oberalpstrasse
78, 4054 Basel/BS |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
1946 |
|
|
|
|
Com. Reg. No.: |
270.3.004.680-0 / 162419 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees : |
24 |
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SWITZERLAND - ECONOMIC OVERVIEW
Switzerland is a peaceful, prosperous, and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies. The Swiss have brought their economic practices largely into conformity with the EU's, to enhance their international competitiveness, but some trade protectionism remains, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of all Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled export demand and put Switzerland in a recession. The Swiss National Bank (SNB) during this period effectively implemented a zero-interest rate policy to boost the economy as well as prevent appreciation of the franc, and Switzerland's economy recovered in 2010 with 2.7% growth. The sovereign debt crises currently unfolding in neighboring euro-zone countries pose a significant risk to Switzerland's financial stability and are driving up demand for the Swiss franc by investors seeking a safehaven currency. The independent SNB has upheld its zero-interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell to 2.1% in 2011. Switzerland has also come under increasing pressure from individual neighboring countries, the EU, the US, and international institutions to reform its banking secrecy laws. Consequently, the government agreed to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The government has renegotiated its double taxation agreements with numerous countries, including the US, to incorporate the OECD standard, and in 2011 it reached deals with Germany and the UK to resolve outstanding issues, particularly the possibility of imposing taxes on bank deposits held by foreigners. These steps will have a lasting impact on Switzerland's long history of bank secrecy.
|
Source
: CIA |
Company : MAX SCHILD AG
GivenAddress : EN GROSS AG. CH-4054, BASEL, SWITZERLAND
CityName :
Zip :
State :
Country : Switzerland
Operating
address:
Oberalpstrasse
78
4054
Basel/BS
Switzerland/CH
Telephone: 061 3079900
Fax: 061 3025252
Web site: http://www.maxschild.ch
E-mail: info@maxschild.ch
WIN
Worldbox No.: CH0000200688
VAT-No.: CHE107258586
Established: 1946
History: 1946: Established
from Max Schild
Line of
Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code
(NACE): 4649 Wholesale of other household goods
Import/Export: Import, Export
Banks: unknown
Coverage: Company
Figures: estimated
Employees: 24
Sales: CHF 8-10 Mio
The business activities includes the sale of leather goods. Products:
wallets, bags, briefcases, accessories.
Information on property ownership was not available.
Company No: 270.3.004.680-0 / 162419
Legal form: Company limited by shares
Registration: 12.06.1989
Legal status: active
Responsible
Register: Handelsregister des Kantons
Basel-Stadt
History: Date of Statutes:
27.02.2003
Date of
Incorporation Statutes: 27.04.1989
Entry Deleted Name
27.02.2003 Max
Schild AG
12.06.1989 27.02.2003 Max Schild Lederwaren en gros AG
Entry Deleted Legal domicile
12.06.1989 Basel,
Switzerland
Entry Deleted Address
12.06.1989 Oberalpstrasse
78, 4054 Basel/BS, Switzerland/CH
Entry Deleted Capital
12.06.1989 Share
Capital CHF 300'000, paidup CHF 300'000
Entry Deleted Capital Structure
12.06.1989 300
Registered shares of CHF 1'000.--
Entry Deleted Activity (original Language)
27.02.2003 Handel
mit Lederwaren sowie Entwicklung und Vermarktung von Logistiksystemen. Die
Gesellschaft kann Liegenschaften erwerben, halten und veräussern, sich an
anderen Unternehmen beteiligen oder mit solchen zusammenarbeiten sowie
gleichartige oder verwandte Unternehmen gründen.
Entry Deleted Remarks (original Language)
27.02.2003 Shares:
Vinkulierung: Die Übertragbarkeit der Namenaktien ist nach Massgabe der
Statuten beschränkt.
27.02.2003 Reports:
Mitteilungen an die Aktionäre: Eingeschriebene Briefe, falls Adressen
sämtlicher Aktionäre bekannt, sonst Publikation im SHAB.
20.11.1996 Board
of directors: Streichung der statutarisch festgesetzten Anzahl der
Verwaltungsratsmitglieder, da nicht zur Eintragung gehörend.
12.06.1989 Publishing
authority: SHAB.
Title Name
President Rudolf
Schild, Origin: Basel, Brienz BE, Switzerland, Residential address: Basel,
Switzerland, single signature
Director Beat Schild,
Origin: Basel, Switzerland, Residential address: 6312 Steinhausen, Switzerland,
single signature
Title Name
General Manager Beat Schild, Origin:
Basel, Switzerland, Residential address: 6312 Steinhausen, Switzerland, single
signature
Title Name
Auditor May
Treuhand AG, Residential address: Muttenz, Switzerland, Registered since:
23.09.2010
Title Name
Chief Executive
Officer Beat Schild
Owner: The company is in
family ownership.
Class: 100%
Name: MOON HandelsgmbH
City/Country: Rum, Austria/AT
Interest: 100.00% voting right,
100.00% capital interest
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 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.54.93 |
|
|
1 |
Rs.87.38 |
|
Euro |
1 |
Rs.69.93 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.