|
Report Date : |
29.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
INTEGRAL PETROLEUM SA |
|
|
|
|
Registered Office : |
Rue de la Confédération 6 1204 Genève/GE |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
02.09.2008 |
|
|
|
|
Com. Reg. No.: |
660.6.932.008-2 / 920284 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
Wholesale of solid, liquid and gaseous
fuels and related products |
|
|
|
|
No. of Employees |
05 |
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
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 |
INTEGRAL PETROLEUM SA
Rue de la
Confédération 6 Branch:
1204 Genève/GE Rue
Micheli-du-Crest 4
Switzerland/CH 1205
Genève/GE
Switzerland/CH
Telephone: 022
3193464 022
3203507
Fax: 022
3193465
Web
site: http://www.integral-petroleum.ch
E-mail: info@integral-petroleum.ch
WIN
Worldbox No.: CH0007999871
VAT-No.: CHE114480291
Established: 2008
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code (NACE): 4671 Wholesale of solid, liquid and gaseous
fuels and related products
Import/Export: Import, Export
Banks: UBS Ltd
CS Credit
Suisse
Coverage: Company
Figures: approximately
Employees: 5
The company is an independent oil and
petroleum products trading company based in Geneva, Switzerland. The company
operates mainly in the regions of Caspian, Black and Mediterranean Seas, trades
and delivers petroleum products to Turkey, Bulgaria, Romania, Georgia, Italy,
Albania, Greece, Ukraine, Russia and others countries.
Main
products are:
- Fuel oil (Low sulfur and high sulfur)
- Base oil (SN-180 and SN-350)
- ULSD 10 ppm (EURO 5)
- ULSD 50 ppm (EURO 4)
- Gasoil 0.1
- Naphtha
- Jet (TS 1 and A1)
- Kerosene
- Gasoline Ron 80
- LPG
- Polypropylene
- Green petroleum coke
- Crude oil (Cheleken and Keimir blends)
Information on property ownership was not
available.
Company
No: 660.6.932.008-2 /
920284
Legal
form: Company limited
by shares
Registration: 02.09.2008
Legal
status: active
Responsible
Register: Registre du commerce du
canton de Genève
History: Date of Statutes:
20.12.2013
Date of
Statutes: 14.02.2013
Date of
Statutes: 03.10.2012
Date of
Incorporation Statutes: 29.08.2009
Entry Deleted Name
02.09.2008 Integral
Petroleum SA
Entry Deleted Legal domicile
02.09.2008 Genève,
Switzerland
Entry Deleted Address
11.09.2013 rue de
la Confédération 6, 1204 Genève/GE, Switzerland/CH
30.07.2012 11.09.2013 Rue de Saint-Léger 2, 1205 Genève/GE,
Switzerland/CH
09.03.2010 30.07.2012 Rue de la Confédération 6, 1204 Genève/GE,
Switzerland/CH
02.08.2008 09.03.2010 rampe de la Treille 5, c/o Cramer, Salamian,
avocats, 1204 Genève, Switzerland/CH
Entry Deleted Capital
02.01.2014 Share
Capital CHF 3,000,000, paidup CHF 3,000,000
15.02.2013 02.01.2014 Share Capital CHF 3,000,000, paidup CHF
2,028,000
05.10.2012 15.02.2013 Share Capital CHF 3,000,000, paidup CHF
1,199,910
02.09.2008 05.10.2012 Share Capital CHF 300,000, paidup CHF 300,000
Entry Deleted Capital Structure
02.01.2014 30,000
Registered shares with restricted transferability of CHF 100.--
15.02.2013 02.01.2014 30,000 Registered shares with restricted
transferability of CHF 100.--
05.10.2012 15.02.2013 30,000 Registered shares with restricted
transferability of CHF 100.--
02.09.2008 05.10.2012 3,000 Registered shares with restricted
transferability of CHF 100.--
Title Name
Director Kaspar
Bänziger, Origin: Lutzenberg, Switzerland, Residential address: Küsnacht/ZH,
Switzerland, without signature, Registered since: 16.04.2014
Director Afshin
Salamian, Origin: Genève, Switzerland, Residential address: Genève, Switzerland,
single signature, Registered since: 02.09.2008
Title Name
Director Murat
Seitnepesov, Origin: Russia, Residential address: Genève, Switzerland, single
signature, Registered since: 17.06.2009
Member
with procuration Azamat Agaev,
Origin: Russia, Residential address: Meinier, Switzerland, joint power of
attorney of two, Registered since: 05.09.2012
Member
with procuration Eldar
Guseynov, Origin: Russia, Residential address: Chêne-Bougeries, Switzerland,
joint power of attorney of two, Registered since: 12.09.2011
Member
with procuration Yulia Marano
, Origin: Genève, Switzerland, Residential address: Bellevue, Switzerland,
joint power of attorney of two, Registered since: 02.10.2012
Member
with procuration Richard
Roman, Origin: Slovenia, Residential address: Versoix, Switzerland, joint power
of attorney of two, Registered since: 02.10.2012
Title Name
Auditor INTEREXPERTS
SA, Residential address: Genève, Switzerland, Id: CH-660-1694006-5, Registered
since: 02.09.2008
Owner: The company is
privately owned.
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: There are no objections
regarding the payment of financial obligations.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.10 |
|
|
1 |
Rs.102.04 |
|
Euro |
1 |
Rs.80.74 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
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.