|
Report Date : |
16.01.2014 |
IDENTIFICATION DETAILS
|
Name : |
MARCELS MASCHINEN AG |
|
|
|
|
Registered Office : |
Altmannsteinstrasse 37, 8181 Bulach, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
28.04.1950 |
|
|
|
|
Com. Reg. No.: |
020.3.916.481-8 / 112760 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
Consumer goods wholesale |
|
|
|
|
No of Employees : |
8 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
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 |
MARCELS MASCHINEN AG
Altmannsteinstrasse
37
8181
Höri-Bülach/ZH
Switzerland/CH
Telephone: 044
8723400
Fax: 044
8723403
Web
site: http://www.marcels-maschinen.ch
E-mail: info@marcels-maschinen.ch
WIN
Worldbox No.: CH0001114563
VAT-No.: CHE101972679
Established: 1950
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code (NACE): 4669 Wholesale of other machinery and
equipment
Import/Export: Export
Banks: unknown
Coverage: Company
Figures: approximately
Employees: 8
Sales: CHF 3,000,000.--
The business activities includes trading in
machine tool. bBrands: OKUMA, HAUSER, VDF BOEHRINGER KELLENBERGER, TECHNICA,
LID, WEILER, STUDER, MORI SEIKI, TSCHUDIN, SCHAUBLIN, MAZAK, FEHLMANN, etc. The
storage area comprises 7,000 m2.
Information on property ownership was not
available.
Company
No: 020.3.916.481-8 /
112760
Legal
form: Company limited
by shares
Registration: 28.04.1950
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Zürich
History: Date of Statutes:
24.01.1985
Entry Deleted Name
active Marcels
Maschinen AG
Entry Deleted Legal domicile
active Höri,
Switzerland
Entry Deleted Address
active Altmannsteinstrasse
37, 8181 Höri/ZH, 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 Kauf
und Verkauf von neuen und gebrauchten Maschinen, Apparaten, Werkzeugen und
verwandten Artikeln, Kauf und Verkauf von Patenten, Lizenzen, Handelsmarken und
Herstellungsverfahren der metallurgischen Industrie; usw.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
active Capital: CHF 150'000.-- sind durch Verrechnung
liberiert.
Title Name
Director Marco
Moritsch, Origin: Höri, Switzerland, Residential address: 8181 Höri, Switzerland,
single signature, Registered since: 22.04.1999
Title Name
Member
with procuration Elisabeth
Moritsch, Origin: Höri, Switzerland, Residential address: 8184 Bachenbülach,
Switzerland, joint power of attorney of two
Member
with procuration Veronika
Parer, Origin: Adelboden, Switzerland, Residential address: 8180 Bülach,
Switzerland, joint power of attorney of two, Registered since: 22.04.1999
Title Name
Auditor auditpoint
ag revisionsgesellschaft, Residential address: Dübendorf, Switzerland, Id:
CH-020.3.033.724-2, Registered since: 08.09.2011
No.
of Owner/-s: 1
Owner: The company is
privately owned.
Class: 100%
Type: direct
Name: Marco Moritsch
City/Country: Höri, Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest
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 considered to be in order.
Payment
experiences: Financial obligations are
met in an orderly manner.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 61.58 |
|
|
1 |
Rs. 101.09 |
|
Euro |
1 |
Rs. 83.99 |
INFORMATION DETAILS
|
Report Prepared
by : |
DPT |
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 |
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.