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Report Date : |
28.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
ADM INTERNATIONAL SĀRL |
|
|
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Registered Office : |
La Pičce 3 A |
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|
|
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Country : |
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|
|
Financials (as on) : |
30.06.2012 |
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|
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Date of Incorporation : |
02.11.2007 |
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Com. Reg. No.: |
550.1.052.134-9 / 888792 |
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|
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Trading in crops as rapeseed, sunflower, palm and soy as well as cocoa
powders, cocoa butters, cocoa liquors and chocolates |
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|
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No. of Employees |
180 |
RATING & COMMENTS
|
MIRAs 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 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate 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 |
ADM INTERNATIONAL
SĀRL
La Pičce 3
A One Business
Center
1180 Rolle/VD
Switzerland/CH
Telephone: 021
7028000
Fax: 021
7028888
Web
site: http://www.adm.com
E-mail: info@adm.com
WIN
Worldbox No.: CH0007672358
VAT-No.: CHE113903886
Established: 2007
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code (NACE): 4621 Wholesale of grain, unmanufactured
tobacco, seeds and animal feeds
4622 Wholesale of flowers and plants
4637 Wholesale of coffee, tea, cocoa and
spices
4639 Non-specialised wholesale of food,
beverages and tobacco
Import/Export: Import, Export
Banks: unknown
Coverage: Company
Figures: approximately
Employees: 180
The business activities includes trading in
crops as rapeseed, sunflower, palm and soy as well as cocoa powders, cocoa
butters, cocoa liquors and chocolates.
Through its new division ADMIntermare, the
company will maintain a strong global network presence with services provided
by support teams based in Hamburg, as well as in Singapore, São Paulo, Decatur,
and Stamford, Connecticut.
Information on property ownership was not
available.
Company
No: 550.1.052.134-9 /
888792
Legal
form: Limited Liability
Company
Registration: 02.11.2007
Legal
status: active
Responsible
Register: Registre du commerce du
canton de Vaud
History: Date of Statutes:
02.10.2013
Date of
Statutes: 01.10.2008
Date of
Statutes: 25.03.2008
Date of
Statutes: 06.12.2007
Date of
Statutes: 19.10.2007
Date of
Incorporation Statutes: 11.10.2007
Entry Deleted Name
02.11.2007 ADM
International Sārl
02.11.2007 ADM
International GmbH (Name translated)
02.11.2007 ADM
International Ltd liab. Co (Name translated)
Entry Deleted Legal domicile
10.12.2007 Rolle,
Switzerland
02.11.2007 10.12.2007 Lausanne, Switzerland
Entry Deleted Address
07.11.2012 La Pičce
3, A One Business Center, 1180 Rolle/VD, Switzerland/CH
30.10.2012 07.11.2012 Z.A. La Pičce 3, A One Business Center, 1180
Rolle/VD, Switzerland/CH
10.12.2007 30.10.2012 Route de l'Etraz, Zone artisanale Vers La
Pičce, A-One Business Center, 1180 Rolle/VD, Switzerland/CH
02.11.2007 10.12.2007 c/o Lenz & Staehelin, Place Saint-Franįois
2, 1000 Lausanne/VD, Switzerland/CH
Entry Deleted Capital
09.10.2008 LLC
Capital CHF 1,000,000, paidup CHF 1,000,000
Entry Deleted Capital Structure
09.10.2008 10,000
Participation shares of CHF 100.--
Title Name
President
of the direction Joseph
Taets, Origin: United States of America, Residential address:
Crans-prčs-Céligny, Switzerland, single signature, Registered since: 17.12.2013
General
Manager Orla
Muldoon, Origin: Ireland, Residential address: Aubonne, Switzerland, single
signature, Registered since: 12.03.2014
General
Manager Robert
Nisser Jr, Origin: United States of America, Residential address: Mies,
Switzerland, single signature, Registered since: 11.02.2014
Member
with procuration Daniela
Bastian , Origin: Germany, Residential address: 1180 Rolle/VD, Switzerland,
single power of attorney, Registered since: 19.08.2010
Member
with procuration Kevin
Brassington, Origin: Canada, Residential address: Prangins, Switzerland, single
power of attorney, Registered since: 11.09.2013
Member
with procuration John
Grossmann, Origin: Zurich, Switzerland, Residential address: Genčve ,
Switzerland, single power of attorney, Registered since: 17.12.2013
Member
with procuration Duane
Jeffrey Holz, Origin: United States of America, Residential address: Givrins,
Switzerland, single power of attorney, Registered since: 22.03.2012
Member
with procuration Hendrik
Antonie Kant, Origin: Netherlands, Residential address: Saint-Oyens ,
Switzerland, single power of attorney, Registered since: 24.12.2008
Member
with procuration Burkhard
Oesting, Origin: Germany, Residential address: Morges, Switzerland, single
power of attorney, Registered since: 31.01.2008
Member
with procuration Kai-Uwe
Ostheim, Origin: Germany, Residential address: Commugny , Switzerland, single
power of attorney, Registered since: 28.04.2008
Member
with procuration Mike
Queally, Origin: United States of America, Residential address: Givrins/VD, Switzerland,
single power of attorney, Registered since: 24.12.2008
Member
with procuration Jarrod Ruiz,
Origin: United States of America, Residential address: Mont-sur-Rolle,
Switzerland, single power of attorney, Registered since: 31.01.2008
Member
with procuration Maria van
Acht, Origin: Netherlands, Residential address: Aubonne, Switzerland, joint
power of attorney of two, Registered since: 08.07.2014
Member
with procuration Scott
Walker, Origin: United States of America, Residential address: Founex/VD,
Switzerland, single power of attorney, Registered since: 03.07.2009
Title Name
Auditor Ernst
& Young AG, Residential address: Zurich, Switzerland, Id: CH-020-9001069-0,
Registered since: 10.11.2008
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 30.06.2012 30.06.2011 30.06.2010 30.06.2009
Number of months: 12 12 12 12
Currency: mil.
USD mil. USD mil. USD mil. USD
Intangible fixed
assets 603.0 602.0 523.0 532.0
Tangible fixed
assets 9,812.0 9,500.0 8,712.0 7,950.0
Financial fixed
assets 3,650.0 3,906.0 3,477.0 3,085.0
other fixed assets 534.0 681.0 702.0 610.0
Fixed assets 14,599.0 14,689.0 13,414.0 12,177.0
Stocks 12,192.0 12,055.0 7,871.0 7,782.0
Trade accounts
receivable 9,816.0 6,122.0
Liquid assets 1,291.0 615.0 1,046.0 1,055.0
Securities 4,135.0 2,731.0
other trade
accounts 883.0 624.0
Other current
assets 5,633.0 4,401.0
Current assets 26,954.0 27,504.0 18,394.0 19,408.0
Total assets 41,553.0 42,193.0 31,808.0 31,585.0
Capital 6,636.0 5,151.0
Other shareholders
funds 12,172.0 9,458.0
Total shareholders
equity 18,169.0 18,808.0 14,609.0 13,499.0
Minority interests 0.0 30.0 22.0 0.0
long term debt
(financial debts) 5,464.0 8,266.0 6,830.0 6,650.0
Provisions 0.0 0.0
Other non current
liabilities 3,294.0 1,871.0 1,514.0 2,551.0
Non current
liabilities 8,758.0 10,137.0 8,344.0 9,201.0
short term debt
(financial debts) 2,053.0 718.0
Trade accounts
payable 7,550.0 5,538.0
Accruals 3,615.0 2,577.0
other current
liabilities 3,615.0 2,577.0
Current
liabilities 14,626.0 13,218.0 8,833.0 8,885.0
Shareh. equity,
min. interests + liabilities 41,553.0 42,193.0 31,808.0 31,585.0
Sales 80,676.0 61,682.0
Net sales 89,038.0 80,676.0 61,682.0 69,207.0
Other operating
revenue 130.0
Operating revenue 80,806.0 61,682.0
Cost of goods sold 76,376.0 57,839.0
Gross profit 4,430.0 3,843.0
Other operating
expenses 1,611.0 1,523.0
Operating result 1,683.0 2,819.0 2,320.0 2,783.0
Interest revenues 136.0 126.0
other financial
revenues 542.0 561.0
Financial income 678.0 687.0
Interest expenses 482.0 422.0
Financial expenses 482.0 422.0
Financial result 196.0 265.0
Result before
extraordinary items 3,015.0 2,585.0
Extraordinary Result 0.0 0.0
Result before
taxes 3,015.0 2,585.0
Taxes 997.0 666.0
Result before
minority interests 2,018.0 1,919.0
minority interests -18.0 -11.0
Result for the
financial year 375.0 2,036.0 1,930.0 1,707.0
Depreciation 877.0 912.0
Cash flow 2,895.0 2,831.0
Cash flow from
operating activities -2,340.0 2,684.0
Investments in
tangible fixed assets 1,247.0 1,607.0
Cash flow from
investing activities -1,675.0 -1,665.0
Cash flow from
financing activities 3,584.0 -1,028.0
Change in liquidity -431.0 -9.0
Liquidity at
beginning of the year 1,046.0 1,055.0
Liquidity at end
ot the year 615.0 1,046.0
Research and
Development 60.0 56.0
Added value 4,374.0 3,919.0
Working Capital 14,321.0 8,455.0
Sales per Employee 2.6
Gross cost land
and buildings 4,718.0 4,285.0
Gross cost other
tangible fixed assets 17,010.0 15,719.0
Gross cost total 21,728.0 20,004.0
Employees at year end 30,700
Name: Archer Daniels Midland
Co.
City/Country: Decatur/Illinois, United States
of America/US
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Type: indirect,
Group-Level 1
Name: Archer Daniels Midland
Co.
City/Country: Decatur/Illinois, United States
of America/US
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Type: direct
Name: Archer Daniels Midland
Europe B.V.
City/Country: Koog aan de Zaan,
Netherlands/NL
Capital
share: CHF 1,000,000.--
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Name: ADM Schokinag
Management GmbH
City/Country: Mannheim/Baden-Württemberg,
Germany/DE
Interest: 100,00% voting right,
100,00% capital interest
Class: 50%
Name: AWF Global Sārl
City/Country: Rolle/VD, Switzerland/CH
Interest: 50,00% voting right,
50,00% capital interest (since 03.07.2012)
Class: 50%
Name: OLENEX Sārl
City/Country: Rolle/VD, Switzerland/CH
Interest: 50,00% voting right,
50,00% capital interest (since 05.07.2012)
Control date Year No. Amount CHF Status
08.01.2014 2014 0
08.01.2014 2013 0
08.01.2014 2012 0
08.01.2014 2011 0
08.01.2014 2010 0
08.01.2014 2009 0
22.07.2013 2008 0
31.12.2007 2007 0
31.12.2006 2006 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.
Debt Collection Case:
DEC 2011: CHF 334.00, paid.
01.01.2014: ADM and Toepfer have combined
their ocean freight groups to establish one global entity, called ADMIntermare.
ADMIntermare, a division of ADM
International Sārl
A One Business Center
La Pičce 3
1180 Rolle
Tel. 021 7028000
Fax
021 7028042
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: Payment habits are
considered good.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.14 |
|
|
1 |
Rs.102.22 |
|
Euro |
1 |
Rs.81.02 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
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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 |
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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 |
|
|
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 SCs 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.