|
Report Date : |
15.01.2014 |
IDENTIFICATION DETAILS
|
Name : |
HAMILTON MEDICAL AG |
|
|
|
|
Registered Office : |
Via Crusch 8, 7402 Bonaduz/GR |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Date of Incorporation : |
18.05.1983 |
|
|
|
|
Com. Reg. No.: |
350.3.002.573-2 / 76979 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
· manufacturer and distributor of medical devices and instruments, especially of ventilation equipment. Manufacturer of irradiation,
electromedical and electrotherapeutic equipment |
|
|
|
|
No. of Employees : |
70 |
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 – 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 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.
Source : CIA
Hamilton Medical AG
Via Crusch 8
7402 Bonaduz/GR
Switzerland/CH
Telephone: 081
6606010
Fax: 081
6606020
Web
site: http://www.hamilton-medical.com
E-mail: info@hamilton-medical.com
VAT-No.: CHE108075924
Established: 1983
Line
of Business: Medical technology
Industry
Division: Manufacturing
Industry-code (NACE): 2660 Manufacture of irradiation, electromedical
and electrotherapeutic equipment
Import/Export: Export
Quality
certification: ISO 9001:2008
ISO 13485:2003
Banks: unknown
Coverage: Company
Figures: estimated
Employees: 70
The business activities includes the manufacture and distribution of medical devices and instruments, especially of ventilation equipment.
Information on property ownership was not available.
Company
No: 350.3.002.573-2 / 76979
Legal
form: Company limited
by shares
Registration: 18.05.1983
Legal
status: active
Responsible
Register: Handelsregister des Kantons Graubünden
History: Date of Statutes:
27.11.1984
Date of
Incorporation Statutes: 18.05.1983
Date of
Statutes: 26.10.2010
Date of
Statutes: 08.11.2007
Entry Deleted Name
active Hamilton
Medical AG
removed Hamilton Medical Engineering AG
Entry Deleted Legal domicile
09.11.2007 Bonaduz,
Switzerland
09.11.2007 Rhäzüns, Switzerland
removed Bonaduz, Switzerland
Entry Deleted Address
09.11.2007 Via
Crusch 8, 7402 Bonaduz, Switzerland/CH
09.11.2007 Via Nova 7, 7403 Rhäzüns/GR, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 50,000, paidup CHF 50,000
27.10.2010 Participation
Capital CHF 95,000, paidup CHF 95,000
Entry Deleted Capital Structure
active 500
Registered shares of CHF 100.--
27.10.2010 9,500
Registered participation certificates of CHF 10.--
Entry Deleted Activity (original Language)
active Herstellung,
Verkauf, Import und Export von sowie Handel mit Geräten und Instrumenten für
die Medizinal-Technik und verwandte Gebiete, Verkauf, Verwaltung und Verwertung
von Patenten, Erfindungen und Fabrikationsverfahren, Gewährleistung von
technischen und anderweitigen Hilfsleistungen auf kommerzieller Basis,
insbesondere was die Herstellung und den Verkauf der verwandten Produkte
angeht.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
09.11.2007 Shares: Die Übertragbarkeit der Namenaktien ist nach
Massgabe der Statuten beschränkt.
09.11.2007 Reports: Die Mitteilungen an die Aktionäre erfolgen
durch eingeschriebenen Brief an die im Aktionärsregister enthaltene Adresse.
Title Name
Director Andreas
Wieland, Origin: Schiers, Switzerland, Residential address: Chur, Switzerland,
single signature, Registered since: 03.05.2002
Title Name
Member
with signing authority Meinrad
Hofstetter, Origin: Kriens, Hitzkirch, Switzerland, Residential address: 7012
Felsberg/GR, Switzerland, joint signature of two, Registered since: 01.04.2008
Member
with signing authority Roger Lang, Origin:
Domat/Ems, Switzerland, Residential address: Domat/Ems, Switzerland, joint
signature of two, Registered since: 01.11.2002
Title Name
Auditor PricewaterhouseCoopers
AG, Residential address: Chur, Switzerland, Id: CH-350.9.000.604-1, Registered
since: 08.10.2010
Name: Hamilton Company
City/Country: Reno/Nevada, United States of
America/US
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Type: indirect,
Group-Level 1
Name: Hamilton Company
City/Country: Reno/Nevada, United States of
America/US
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Type: direct
Name: Hamilton Bonaduz AG
City/Country: Bonaduz/GR, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Name: Hamilton Robotics
City/Country: Massy, France/FR
Name: Hamilton Robotics ApS
City/Country: Kobenhaven, Denmark/DK
Name: Hamilton Robotics GmbH
City/Country: Planegg/Bayern, Germany/DE
Name: Hamilton Robotics Ltd
City/Country: Birmingham/West Midlands,
United Kingdom/GB
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 in order.
Payment
experiences: There are no objections
regarding the payment of financial obligations.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.59 |
|
UK Pound |
1 |
Rs.101.09 |
|
Euro |
1 |
Rs.83.99 |
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.