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Report Date : |
02.04.2014 |
IDENTIFICATION DETAILS
|
Name : |
MECHEM S.A. |
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Registered Office : |
Avenue des Boveresses 52 1010 Lausanne/VD Switzerland/CH |
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Country : |
Switzerland |
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Date of Incorporation : |
07.09.1993 |
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Com. Reg. No.: |
550.0.088.556-5 / 323824 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Subject is active in marketing of non metals and chemicals. They have worldwide
activity marketing of primary aluminum ingots, extrusion billets and semi
finished products in aluminum. |
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No. of Employees : |
07 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 : |
No complaints |
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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 – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
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 began to recover in 2010. 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 below 2% per year during 2011-13. 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
|
Source
: CIA |
MECHEM S.A.
Avenue des
Boveresses 52 Liaison
office Istanbul:
1010 Lausanne/VD Kanyon
E-17
Switzerland/CH Buyukdere
Cad. No: 185
34394
Levent
Istanbul
Turkey/TR
Telephone: 021
6510880 +90
850 2007010
Fax: 021
6510888 +90 850
2007019
Web
site: http://www.mechem.ch
E-mail: mechem@mechem.ch
WIN
Worldbox No.: CH0000369593
VAT-No.: CHE102150556
Established: 1993
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code (NACE): 4690 Non-specialised wholesale trade
Import/Export: Import, Export
Banks: unknown
Organisation
level: Ultimate Parent
Coverage: Company
Figures: approximately
Employees: 7
The company is active in marketing of non metals
and chemicals. They have worldwide activity marketing of primary aluminum
ingots, extrusion billets and semi finished products in aluminum.
Information on property ownership was not
available.
Company
No: 550.0.088.556-5 / 323824
Legal
form: Company limited by
shares
Registration: 07.09.1993
Legal
status: active
Responsible
Register: Registre du commerce du canton
de Vaud
History: Date of Statutes:
09.02.1996
Date of
Incorporation Statutes: 26.08.1993
Date of Statutes:
29.10.2002
Entry Deleted Name
active Mechem
SA
Entry Deleted Legal domicile
active Lausanne,
Switzerland
Entry Deleted Address
active Avenue
des Boveresses 52, 1010 Lausanne, Switzerland/CH
04.11.2002 Avenue des Boveresses 50, 1000 Lausanne/VD,
Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 500,000, paidup CHF 500,000
Entry Deleted Capital Structure
active 500
Bearer shares of CHF 1,000.--
Entry Deleted Activity (original Language)
active commerce,
représentation, activité comme intermédiaire et toute autre opération dans le
domaine des matières premières, produits semi-finis ou finis de toute nature.
Entry Deleted Remarks (original Language)
active Publishing
authority: Feuille officielle suisse du commerce.
19.12.2013 Note:
L'identification sous le numéro CH-550-0088556-5 est remplacée par le numéro
d'identification des entreprises (IDE/UID) CHE-102.150.556.
Title Name
President Chantal Jucker,
Origin: Pully, Switzerland, Residential address: Lausanne, Switzerland, single
signature
Director Sabri
Karabagli, Origin: Turkey, Residential address: Wassenaar, Netherlands, single
signature, Registered since: 29.11.2004
Title Name
Auditor Ofisa SA,
Residential address: Lausanne, Switzerland, Id: CH-550-0067334-5
Owner: The company is
privately owned.
Class: unknown
Type: direct
Name: Chantal Jucker
City/Country: Lausanne, Switzerland/CH
Class: unknown
Type: direct
Name: Sabri Karabagli
City/Country: Wassenaar, Netherlands/NL
It is believed that the company has no
investments.
Control date Year No. Amount CHF Status
17.04.2014 2010 0
17.04.2014 2009 0
17.03.2014 2014 0
17.03.2014 2013 0
17.03.2014 2012 0
17.03.2014 2011 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: Payments are made with
arranged conditions.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.10 |
|
|
1 |
Rs.99.85 |
|
Euro |
1 |
Rs.82.58 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIS |
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.