MIRA INFORM REPORT

 

 

Report Date :

23.04.2013

 

IDENTIFICATION DETAILS

 

Name :

ADM INTERNATIONAL SÀRL

 

 

Registered Office :

La Pièce 3 A One Business Center 1180 Rolle/VD

 

 

Country :

Switzerland

 

 

Date of Incorporation :

02.11.2007

 

 

Com. Reg. No.:

550.1.052.134-9 / 888792

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesale of grain, unmanufactured tobacco, seeds and animal feeds

 

 

No. of Employees :

180

 

 

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

(31.03.2011)

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


Company name and address

 

ADM International Sàrl

 

Operating address:

La Pièce 3

A One Business Center

1180 Rolle/VD

Switzerland/CH

 

Telephone:                    021 7028000

Fax:                             021 7028888

 

Web site:                      http://www.adm.com

E-mail:                         info@adm.com

 

VAT-No.:                      CHE113903886

 

 

Profile

 

Established:                  2007

Line of Business:           Consumer goods wholesale

Industry Division:           Wholesale trade

Industry-code (NACE):   4621       Wholesale of grain, unmanufactured tobacco, seeds and animal feeds

                                    4622       Wholesale of flowers and plants

                                    4637       Wholesale of coffee, tea, cocoa and spices

                                    4639       Non-specialised wholesale of food, beverages and tobacco

Import/Export:               Import, Export

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                     Company

Figures:                        approximately

Employees:                  180

Sales:                          CHF 200-400 Mio

 

 

Activity

 

The business activities includes trading in crops as rapeseed, sunflower, palm and soy as well as cocoa powders, cocoa butters, cocoa liquors and chocolates.

 

 

Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:                550.1.052.134-9 / 888792

Legal form:                    Limited Liability Company

Registration:                 02.11.2007

Legal status:                 active

Responsible Register:    Registre du commerce du canton de Vaud

History:                        Date of Statutes: 19.10.2007

                                    Date of Statutes: 01.10.2008

                                    Date of Statutes: 25.03.2008

                                    Date of Statutes: 06.12.2007

                                    Date of Incorporation Statutes: 11.10.2007

 

Entry          Deleted      Name

02.11.2007                    ADM International Sàrl

02.11.2007                    ADM International GmbH (Name translated)

02.11.2007                    ADM International Ltd liab. Co (Name translated)

 

Entry          Deleted      Legal domicile

10.12.2007                    Rolle, Switzerland

02.11.2007  10.12.2007  Lausanne, Switzerland

 

Entry          Deleted      Address

07.11.2012                    La Pièce 3, A One Business Center, 1180 Rolle/VD, Switzerland/CH

30.10.2012  07.11.2012  Z.A. La Pièce 3, A One Business Center, 1180 Rolle/VD, Switzerland/CH

10.12.2007  30.10.2012  Route de l'Etraz, Zone artisanale Vers La Pièce, 1180 Rolle/VD, Switzerland/CH

02.11.2007  10.12.2007  c/o Lenz & Staehelin, Place Saint-François 2, 1000 Lausanne/VD, Switzerland/CH

 

Entry          Deleted      Capital

09.10.2008                    LLC Capital CHF 1'000'000, paidup CHF 1'000'000

 

Entry          Deleted      Capital Structure

09.10.2008                    10'000 Participation shares of CHF 100.--

 

Entry          Deleted      Activity (original Language)

02.11.2007                    Commerce de produits agricoles notamment graines oléagineuses, cacao, blé, maïs, et de dérivés de produits agricoles, notamment les biocarburants.

 

Entry          Deleted      Remarks (original Language)

07.11.2012                    Rectification: L'inscription n° 15196 du 30.10.2012 (FOSC du 02.11.2012, p. 0/6916042) est rectifiée en ce sens que l'adresse exacte est: La Pičce 3, A One Business Center, 1180 Rolle.

09.10.2008                    Reports: Communications aux associés: par lettre, téléfax ou email.

02.11.2007                    Publishing authority: Feuille officielle suisse du commerce.

Official Administration

 

Title                                           Name

President                                    Brent Fenton, Origin: Canada, Residential address: 1295 Tannay/VD, Switzerland, single signature, Registered since: 23.10.2009

 

 

Management

 

Title                                           Name

General Manager                         Klaus-Peter Hopp, Origin: Germany, Residential address: 1066 Epalinges/VD, Switzerland, single signature, Registered since: 02.11.2007

Member with procuration              Daniela Bastian , Origin: Germany, Residential address: 1180 Rolle/VD, Switzerland, single power of attorney, Registered since: 19.08.2010

Member with procuration              Patrick Heijbroek, Origin: Netherlands, Residential address: Cessy, France, single power of attorney, Registered since: 22.05.2009

Member with procuration              Kristina Hermanson, Origin: United States of America, Residential address: Lausanne, Switzerland, single power of attorney, Registered since: 22.05.2009

Member with procuration              Duane Jeffrey Holz, Origin: United States of America, Residential address: Givrins, Switzerland, joint power of attorney of two, Registered since: 22.03.2012

Member with procuration              Christopher Horry , Origin: United Kingdom, Residential address: 1173 Féchy /VD, Switzerland, single power of attorney, Registered since: 19.08.2010

Member with procuration              Hendrik Antonie Kant, Origin: United Kingdom, Residential address: Gilly, Switzerland, single power of attorney, Registered since: 24.12.2008

Member with procuration              Martin Kropp, Origin: Germany, Residential address: Duillier, Switzerland, single power of attorney, Registered since: 31.01.2008

Member with procuration              Burkhard Oesting, Origin: Germany, Residential address: Nyon, Switzerland, single power of attorney, Registered since: 31.01.2008

Member with procuration              Kai-Uwe Ostheim, Origin: Germany, Residential address: 1196 Gland/VD, Switzerland, single power of attorney, Registered since: 28.04.2008

Member with procuration              Mike Queally, Origin: United States of America, Residential address: Givrins/VD, Switzerland, single power of attorney, Registered since: 24.12.2008

Member with procuration              Jarrod Ruiz, Origin: United States of America, Residential address: Mont-sur-Rolle, Switzerland, single power of attorney, Registered since: 31.01.2008

Member with procuration              Leona Tout, Origin: New Zealand, Residential address: 1200 Genève/GE, Switzerland, single power of attorney, Registered since: 28.04.2008

Member with procuration              Scott Walker, Origin: United States of America, Residential address: Founex/VD, Switzerland, single power of attorney, Registered since: 03.07.2009

 

 


External Positions

 

Title                                           Name

Auditor                                        Ernst & Young AG, Residential address: Zurich, Switzerland, Id: CH-020-9001069-0

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Klaus-Peter Hopp

 

 

Ultimate Parent Company

 

Name:                          Archer Daniels Midland Co.

City/Country:                 Decatur/Illinois, United States of America/US

 

 

Owner/-s

 

No. of Owner/-s:            1

Owner:                         The company is foreign owned.

 

Class:                          100%

Name:                          Archer Daniels Midland Europe B.V.

City/Country:                 Koog aan de Zaan, Netherlands/NL

Capital share:                CHF 1'000'000.--

Interest:                        100.00% voting right, 100.00% capital interest

 

 

Investments

 

Class:                          100%

Name:                          Campa Süd GmbH & Co. KG

City/Country:                 Straubing, Germany/DE

Interest:                        100.00% voting right, 100.00% capital interest (since 2008)

 

Class:                          50%

Name:                          AWF Global Sàrl

City/Country:                 Rolle/VD, Switzerland/CH

Interest:                        50.00% voting right, 50.00% capital interest (since 03.07.2012)

 

Class:                          50%

Name:                          OLENEX Sàrl

City/Country:                 Rolle/VD, Switzerland/CH

Interest:                        50.00% voting right, 50.00% capital interest (since 05.07.2012)

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

18.07.2012          2012                           0

18.07.2012          2011                           0

18.07.2012          2010                           0

18.07.2012          2009                           0

18.07.2012          2008                           0

31.12.2007          2007                           0

31.12.2006          2006                           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.

 

 

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 good.

 

Payment experiences:   Payment habits are considered good.

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.16

UK Pound

1

Rs.82.15

Euro

1

Rs.70.70

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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.