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Report Date : |
17.04.2014 |
IDENTIFICATION DETAILS
|
Name : |
LOUIS DREYFUS COMMODITIES METALS SUISSE SA |
|
|
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Registered Office : |
Route de l'Aéroport 29, Case postale 236, 1215 Genève 15/GE |
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Country : |
Switzerland |
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Date of Incorporation : |
19.04.2006 |
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Com. Reg. No.: |
660.0.969.006-8 / 834982 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Distribution of non-ferrous metals, raw materials, copper, zinc, lead concentrates
and precious metals. |
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|
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No. of Employees : |
75 |
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 |
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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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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 |
LOUIS DREYFUS COMMODITIES
METALS SUISSE SA
Operating
address:
Route de
l'Aéroport 29
Case postale 236
1215 Genève 15/GE
Switzerland/CH
Telephone: 022
7992700
Fax: 022
5927468
Web
site: http://www.ldcom.com
E-mail: info@ldcom.com
VAT-No.: CHE112890100
Established: 2006
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
Figures: estimated
Employees: 75
The business activities includes the
distribution of non-ferrous metals, raw materials, copper, zinc, lead
concentrates and precious metals.
Real
Estate: The company does
not appear to own any property.
Company
No: 660.0.969.006-8 / 834982
Legal
form: Company limited by
shares
Registration: 19.04.2006
Legal
status: active
Responsible
Register: Registre du commerce du canton
de Genève
History: Date of Statutes:
23.12.2008
Date of
Statutes: 19.09.2007
Date of
Statutes: 23.10.2006
Date of
Statutes: 14.07.2006
Date of
Statutes: 15.06.2006
Date of
Incorporation Statutes: 13.04.2006
Entry Deleted Name
20.06.2006 Louis
Dreyfus Commodities Metals Suisse SA
19.04.2006 20.06.2006 SHAPUR SA
Entry Deleted Legal domicile
19.07.2006 Le
Grand-Saconnex, Switzerland
19.04.2006 19.07.2006 Genève, Switzerland
Entry Deleted Address
19.07.2006 Route
de l'Aéroport 29, 1218 Le Grand-Saconnex, Switzerland/CH
19.04.2006 19.07.2006 c/o Pfyffer & Associés, Rue
François-Bellot 6, Geneve, Switzerland/CH
Entry Deleted Capital
13.01.2009 Share
Capital CHF 6,565,000, paidup CHF 6,565,000
Entry Deleted Capital Structure
13.01.2009 65,650
Registered shares of CHF 100.--
Entry Deleted Activity (original Language)
20.06.2006 Négoce
international de métaux, sous toutes formes, notamment de minerais, concentrés
et tous autres dérivés en provenance et à destination de tous pays; prise ou
gestion de participations dans toute autre entreprise en Suisse et à l'étranger,
à l'exclusion d'opérations prohibées par la LFAIE.
20.06.2006 International
metal trading, in all forms, including ores, concentrates and other derivative
from and to all countries, investment or management of investments in any other
business in Switzerland and abroad, with the exception of transactions
prohibited by the FL
Entry Deleted Remarks (original Language)
19.12.2013 Note:
The identification under number CH-660-0969006-8 is replaced by the
CHE-112890100 business identification number (IDE / UID).
19.12.2013 Note:
L'identification sous le numéro CH-660-0969006-8 est remplacée par le numéro
d'identification des entreprises (IDE/UID) CHE-112.890.100.
13.01.2009 Reports:
Communication to shareholders registered letter or fax.
13.01.2009 Reports:
Communication aux actionnaires: lettre recommandée ou télécopie.
19.04.2006 Publishing
authority: SHAB Swiss Gazette
19.04.2006 Publishing
authority: Feuille Officielle Suisse du Commerce.
13.11.2006 13.01.2009 Reports: Communication aux actionnaires: pli
recommandé ou citation remise contre récépissé.
Title Name
President Jean-Marc
Foucher, Origin: France, Residential address: Genève, Switzerland, single signature,
Registered since: 22.07.2011
Vice-President Federico Cerisoli,
Origin: Argentina, Residential address: Presidente Derqui, Argentina, single
signature, Registered since: 10.09.2013
Director Paul
Akroyd, Origin: United Kingdom, Residential address: Genève, Switzerland,
single signature, Registered since: 10.09.2013
Director Hal
Didner, Origin: United States of America, Residential address: Troinex,
Switzerland, single signature, Registered since: 18.03.2010
Title Name
Member
with procuration Nadine Le
Pommellec, Origin: France, Residential address: Genève, Switzerland, joint
power of attorney of two, Registered since: 31.08.2012
Member
with procuration Thomas
Sebastian Mackay, Origin: United Kingdom, Residential address: Genève, Switzerland,
joint power of attorney of two, Registered since: 18.05.2011
Member
with procuration Dragoslav
Sekularac, Origin: United Kingdom, Residential address: Genève, Switzerland,
joint power of attorney of two, Registered since: 31.08.2012
Title Name
Auditor Deloitte
SA, Residential address: Meyrin, Switzerland, Id: CH-660-0778984-7, Registered
since: 05.05.2009
Name: Louis Dreyfus Holding
B.V.
City/Country: Amsterdam, Netherlands/NL
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Type: indirect, Group-Level
1
Name: Louis Dreyfus Holding
B.V.
City/Country: Amsterdam, Netherlands/NL
Interest: 100,00% voting right,
100,00% capital interest
It is believed that the company has no
investments.
Balance sheet publication:
The subject company does not publish balance
sheet or turnover figures.
Control date Year No. Amount CHF Status
16.12.2013 2013 1 6,657,885.-- Opposition filed
16.12.2013 2012 0
16.12.2013 2011 0
16.12.2013 2010 0
16.12.2013 2009 0
Official bankruptcy reports:
No bankruptcy publications available on the
subject.
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.
Payment experiences from collection cases:
No payment experiences from legal collection
cases are available.
Mode of payment / Business conduct:
There are no complaints about the mode of
payment and the business conduct.
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: Payments are made with
arranged conditions.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.23 |
|
|
1 |
Rs.100.79 |
|
Euro |
1 |
Rs.83.29 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
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|
Report Prepared
by : |
NNA |
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.