MIRA INFORM REPORT

 

 

Report Date :

06.06.2014

 

IDENTIFICATION DETAILS

 

Name :

DENTELLA CHP

 

 

Registered Office :

Via Stefano Franscini 35 6500 Bellinzona/TI Switzerland/CH

 

 

Country :

Switzerland

 

 

Date of Incorporation :

26.06.2013

 

 

Com. Reg. No.:

501.1.016.334-1 / 1144907

 

 

Legal Form :

Sole proprietorship

 

 

Line of Business :

Subject is a Swiss base engineering company, mostly focused in Industrial installations. The company offers its services to several industrial sectors, mostly being focused on process and plant upgrading for metallurgical plants (ferrous/non ferrous metals), oil and gas processing plants, chemical complex

 

 

No. of Employees

02

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

 

--

NB

New Business

--

 

Status :

New Business

Payment Behaviour :

Unknown

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

 

 

 


Company name

 

DENTELLA CHP

 

 

Operating address:

 

Via Stefano Franscini 35

6500 Bellinzona/TI

Switzerland/CH

 

Telephone:                   079 1535234

 

Web site:                      http://www.dchp.ch

E-mail:                         info@dchp.ch

 

WIN Worldbox No.:       CH0009869655

VAT-No.:                      CHE203402614

 

 

Profile

 

Established:                 2013

Line of Business:          Engineering/Architecture

Industry Division:          Services

Industry-code (NACE):  7112       Engineering activities and related technical consultancy

Banks:                          unknown

 

 

Operational Figures

 

Coverage:                    Company

Employees:                  2

Sales:                          CHF 0-1 Mio

 

 

Activity

 

The company is a Swiss base engineering company, mostly focused in Industrial installations. The company offers its services to several industrial sectors, mostly being focused on process and plant upgrading for metallurgical plants (ferrous/non ferrous metals), oil and gas processing plants, chemical complex.

 

 

Real Estate

 

Information on property ownership was not available.

 

Company Register

 

Company No:               501.1.016.334-1 / 1144907

Legal form:                   Sole proprietorship/trader

Registration:                 26.06.2013

Legal status:                 active

Responsible Register:   Registro di commercio del Cantone Ticino (since 26.06.2013)

 

Entry          Deleted      Name

26.06.2013                    Dentella CHP

 

Entry          Deleted      Legal domicile

26.06.2013                    Bellinzona, Switzerland

 

Entry          Deleted      Address

26.06.2013                    via Stefano Franscini 35, 6500 Bellinzona/TI, Switzerland/CH

 

Entry          Deleted      Activity (original Language)

26.06.2013                    Progettazione di siatemi avanzati di combustione industriale, bruciatori e impianti. Realizzazioni di impianti con fornitura chiavi in mano, inclusive attività di avviamento presso Cliente. Analisi di fattibilità di revamping e ottimizzazione di impianti esistenti, volte a migliorarne le performances produttive o a ridurne l'inquinamento.

 

 

Official Administration

 

Title                                           Name

Owner                                         Francesco Dentella, Origin: Italy, Residential address: Bellinzona, Switzerland, single signature, Registered since: 26.06.2013

 

Owner/-s

 

No. of Owner/-s:           1

Owner:                         The company is privately owned.

 

 

Investments

 

It is believed that the company has no investments.

 


 

Legal Actions

 

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.

 

 

Credit Information

 

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 difficult to assess.

 

Payment experiences:   There are no objections regarding the payment of financial obligations.

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.59.30

UK Pound

1

Rs.99.34

Euro

1

Rs.80.70

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

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%)

 

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