|
Report Date : |
17.11.2012 |
IDENTIFICATION DETAILS
|
Name : |
ROLLOMATIC SA |
|
|
|
|
Registered Office : |
Rue des Prés-Bugnons,
2525 Le Landeron/NE |
|
|
|
|
Country : |
|
|
|
|
|
Year of Establishment : |
1953 |
|
|
|
|
Com. Reg. No.: |
645.1.009.467-2 / 508475 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
Subject is engaged in the
manufacture and sale of grinding machines for the tool industry inclusive
simulation software, measuring systems and technical support |
|
|
|
|
No. of Employees : |
180 employees |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
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) |
|
Switzerland |
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 |
Rollomatic SA
Rue des Prés-Bugnons
2525 Le Landeron/NE
Switzerland/CH
Telephone: 032
7521700
Fax: 032
7521717
Web site: http://www.rollomatic.ch
E-mail: info@rollomatic.ch
VAT-No.: CHE105403297
Established: 1953
History: 1953: Established from Francis Rollier
Line of Business: Consumer goods wholesale
Industry Division: Wholesale trade
Industry-code (NACE): 4669 Wholesale of other
machinery and equipment
Import/Export: Export
Export sales: 95.0%
Banks: UBS
Ltd
Coverage: Company
Figures: approximately
Employees: 180
The company is engaged in the
manufacture and sale of grinding machines for the tool industry inclusive
simulation software, measuring systems and technical support
Real Estate: The
company owns buildings.
Area: 17'000
m2
Company No: 645.1.009.467-2
/ 508475
Legal form: Company
limited by shares
Registration: 09.02.2000
Legal status: active
Responsible Register: Registre du commerce du canton de Neuchâtel
History: Date
of Statutes: 18.07.2001
Date
of Incorporation Statutes: 17.12.1999
Entry Deleted Name
09.02.2000 Rollomatic
SA
Entry Deleted Legal domicile
09.02.2000 Le
Landeron, Switzerland
Entry Deleted Address
06.05.2002 rue
des Prés Bugnons, 2525 Le Landeron/NE, Switzerland/CH
Entry Deleted Capital
13.08.2001 Share
Capital CHF 2'000'000, paidup CHF 2'000'000
Entry Deleted Capital Structure
13.08.2001 2'000'000
Registered shares of CHF 1.--
Entry Deleted Activity (original Language)
09.02.2000 Achat,
vente et représentation de machines et d'outillages; recherche et développement
de machines; achat, gérance et vente d'immeubles.
Entry Deleted Remarks (original Language)
09.02.2000 Publishing
authority: FOSC.
09.02.2000 Contribution
in kind/Asset takeover: Le secteur d'activité lié au commerce de machines et
d'outillages, la recherche et le développement de machines ainsi que l'achat,
la gérance et la vente d'immeubles, de la société "Rollomatic Holding
SA", à Neuchâtel (anciennement Rollomatic S.A., au Landeron), au sens de
l'article 181 CO, selon bilan au 01.01.1999, présentant des actifs pour
15'649'127.03 CHF et des passifs envers les tiers pour 12'226'677.95 CHF, soit
un actif net de 3'422'449.08 CHF, montant imputé sur le capital-actions à
concurrence de 2'000'000 CHF, soit en échange de 2'000 actions de 1'000 CHF;
l'apporteur restant créancier à concurrence de 1'422'449.08 CHF.
09.02.2000 Board
of directors: Un ou plusieurs membres.
09.02.2000 Reports:
Communication aux actionnaires: lettre recommandée.
Title Name
President, Director Michel Rollier, Origin: La Neuveville,
Switzerland, Residential address: Corcelles-Cormondrèche, Switzerland, single
signature, Registered since: 09.02.2000
Director François
Frôté, Origin: Miécourt, Switzerland, Residential address: La Neuveville,
Switzerland, joint signature of two, Registered since: 09.02.2000
Director Philippe
Uebelhart, Origin: Welschenrohr, Switzerland, Residential address: Neuchâtel,
Switzerland, joint signature of two, Registered since: 24.05.2004
Title Name
Director Philippe
Uebelhart, Origin: Welschenrohr, Switzerland, Residential address: Neuchâtel,
Switzerland, joint signature of two, Registered since: 24.05.2004
Member with procuration Maurice Charles Xavier Berdat, Origin: Courroux,
Switzerland, Residential address: 2022 Bevaix/NE, Switzerland, joint power of
attorney of two, Registered since: 11.02.2008
Title Name
Auditor PricewaterhouseCoopers
SA, Residential address: Neuchâtel, Switzerland, Registered since: 26.07.2000
Title Name
Chief Executive Officer Michel Rollier
Chief Financial Officer Maurice Charles Xavier Berdat
Name: Rollomatic
Holding SA
City/Country: Le
Landeron/NE, Switzerland/CH
No. of Owner/-s: 1
Owner: The
company is domestic owned.
Class: 100%
Name: Rollomatic
Holding SA
City/Country: Le
Landeron/NE, Switzerland/CH
Interest: 100.00%
voting right, 100.00% capital interest
It is believed that the
company has no investments.
Control date Year No. Amount CHF Status
12.03.2010 2010 0
12.03.2010 2009 0
12.03.2010 2008 0
12.03.2010 2007 0
01.06.2004 2004 0
01.06.2004 2003 0
01.06.2004 2002 0
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 as appropriate.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.99 |
|
UK Pound |
1 |
Rs.87.21 |
|
Euro |
1 |
Rs.70.22 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.