MIRA INFORM REPORT
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Report Date : |
20.05.2013 |
IDENTIFICATION DETAILS
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Name : |
INTAMEX SA |
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Registered Office : |
Avenue de Cour 74, 1007 Lausanne/VD |
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Country : |
Switzerland |
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Date of Incorporation : |
23.12.1996 |
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Com. Reg. No.: |
550.0.122.662-4 / 390664 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Subject trades worldwide with metal goods for the automotive industry,
construction industry and other retailers |
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No. of Employees : |
10 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 – March 31st 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
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Switzerland |
A1 |
A1 |
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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 |
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
3.0% 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
safe-haven 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 1.9% in 2011 and 0.8%
in 2012. 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 is
considering 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.
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Source : CIA |
Intamex SA
Avenue de Cour 74
1007 Lausanne/VD
Switzerland/CH
Telephone: 021
6140500
Fax: 021
6140519
Web
site: http://www.intamex.com
E-mail: intamex@intamex.com
VAT-No.: CHE108554490
Established: 1996
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code (NACE): 4672 Wholesale of metals and metal ores
Import/Export: Import, Export
Banks: unknown
Coverage: Company
Employees: 10
The company trades worldwide with metal goods for the automotive
industry, construction industry and other retailers.
Information on property ownership was not available.
Company
No: 550.0.122.662-4 / 390664
Legal
form: Company limited by
shares
Registration: 23.12.1996
Legal
status: active
Responsible
Register: Registre du commerce du canton
de Vaud
History: Date of Statutes:
19.12.1997
Date of
Incorporation Statutes: 19.12.1996
Date of
Statutes: 08.12.2003
Date of
Statutes: 25.01.2001
Entry Deleted Name
active Intamex
SA
Entry Deleted Legal domicile
31.01.2001 Lausanne,
Switzerland
31.01.2001 Tolochenaz, Switzerland
Entry Deleted Address
31.01.2001 Avenue
de Cour 74, 1000 Lausanne/VD, Switzerland/CH
31.01.2001 En Prélionne, 1131 Tolochenaz/VD,
Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 200'000, paidup CHF 200'000
Entry Deleted Capital Structure
active 200
Registered shares of CHF 1'000.--
Entry Deleted Activity (original Language)
active Commerce
de matières premières, en particulier les métaux.
Entry Deleted Remarks (original Language)
active Publishing
authority: Feuille officielle suisse du commerce
Title Name
President Loris Artioli
, Origin: Italy, Residential address: Lutry, Switzerland, joint signature of
two, Registered since: 20.10.2004
Company
Secretary Jean-Marc
Allet , Origin: Loèche-les-Bains, Switzerland, Residential address: Aubonne,
Switzerland, joint signature of two, Registered since: 20.10.2004
Title Name
Director Maria-Tereza
Allet , Origin: Loèche-les-Bains, Switzerland, Residential address: Aubonne,
Switzerland, joint signature of two
Director Anarbegum
Artioli, Origin: Italy, Residential address: Lutry, Switzerland, joint
signature of two
Member
with signing authority Per Grydbeck ,
Origin: Suède, Switzerland, Residential address: Lutry, Switzerland, joint
signature of two
Title Name
Auditor MOORE
STEPHENS REFIDAR SA, Residential address: Lausanne, Switzerland, Id:
CH-550-1045154-1, Registered since: 15.05.2012
Title Name
Chief
Executive Officer Anarbegum
Artioli
Owner: The
company is privately owned.
It is believed that the company has no investments.
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.55.04 |
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UK Pound |
1 |
Rs.83.61 |
|
Euro |
1 |
Rs.70.68 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.