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Report Date : |
18.06.2014 |
IDENTIFICATION DETAILS
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Name : |
LIBERO COMMODITIES SA |
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Registered Office : |
Place du Molard 4, 1204 Genève/GE |
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Country : |
Switzerland |
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Date of Incorporation : |
07.11.2008 |
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Com. Reg. No.: |
660.7.486.008-7 / 926439 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Agents involved in the sale of agricultural
raw materials, live animals, textile raw materials and semi-finished goods |
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No. of Employees : |
1-9 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately 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 |
LIBERO COMMODITIES
SA
Operating
address:
Place du Molard 4
1204 Genève/GE
Switzerland/CH
Telephone: 022
3678050
Fax: 022
3678090
Web
site: http://www.liberocommodities.com
E-mail: contact@liberocom.com
VAT-No.: CHE114580633
Established: 2008
Line
of Business: Trade brokers
Industry
Division: Wholesale trade
Industry-code (NACE): 4611 Agents involved in the sale of
agricultural raw materials, live animals, textile raw materials and
semi-finished goods
Import/Export: Agency
Banks: unknown
Coverage: Company
Employees: 1-9
The company is an agricultural commodity
trading company owned to a large extent by Brazilian farmers. Their
shareholders plant and harvest over 5 million hectares of land across the
Brazilian Cerrado region (Brazil’s savannah). The companys' principal
activities are origination, trading, risk management and direct sourcing of
agricultural commodities, their primary products are cotton-lint, cotton-seed,
soya beans and corn.
Information on property ownership was not
available.
Company
No: 660.7.486.008-7 / 926439
Legal
form: Company limited by
shares
Registration: 07.11.2008
Legal
status: active
Responsible
Register: Registre du commerce du canton
de Genève
History: Date of Statutes:
12.03.2010
Date of
Statutes: 14.01.2009
Date of
Incorporation Statutes: 31.10.2008
Entry Deleted Name
07.11.2008 LIBERO
COMMODITIES SA
Entry Deleted Legal domicile
07.11.2008 Genève,
Switzerland
Entry Deleted Address
31.03.2011 place
du Molard 4, 1204 Genève, Switzerland/CH
02.06.2010 31.03.2011 rue de Villereuse 22, 1207 Genève/GE,
Switzerland/CH
18.01.2010 02.06.2010 c/o L&S Trust Services SA, Route de Chêne
30A, 1208 Genève/GE, Switzerland/CH
07.11.2008 18.01.2010 Rue du Rhône 59, 1204 Genève, Switzerland/CH
Entry Deleted Capital
17.03.2010 Share
Capital CHF 100,000, paidup CHF 100,000
23.01.2009 17.03.2010 Share Capital CHF 100,000, paidup CHF 100,000
07.11.2008 23.01.2009 Share Capital CHF 100,000, paidup CHF 50,000
Entry Deleted Capital Structure
17.03.2010 100
Registered shares with restricted transferability of CHF 1,000.--
23.01.2009 17.03.2010 100 Bearer shares of CHF 1,000.--
07.11.2008 23.01.2009 100 Bearer shares of CHF 1,000.--
Entry Deleted Activity (original Language)
07.11.2008 Commerce
et négoce international de matières premières, notamment de produits agricoles,
marchandises, produits finis ou semi-finis, transport maritime, et opérations
financières y afférentes (cf. statuts pour but complet).
Entry Deleted Remarks (original Language)
19.12.2013 Note:
L'identification sous le numéro CH-660-7486008-7 est remplacée par le numéro
d'identification des entreprises (IDE/UID) CHE-114.580.633.
17.03.2010 Reports:
Communication aux actionnaires: lettre recommandée ou fax.
07.11.2008 Publishing
authority: Feuille Officielle Suisse du Commerce.
07.11.2008 17.03.2010 Reports: Communication aux actionnaires:
Feuille Officielle Suisse du Commerce ou lettre recommandée s'ils sont tous
connus.
Title Name
President Adrian
Moguel y Anza, Origin: Mexico, Residential address: Genève, Switzerland, joint signature
of two, Registered since: 01.12.2009
Director Damase
Büchi, Origin: Winterthur, Switzerland, Residential address: Freienbach,
Switzerland, joint signature of two, Registered since: 05.02.2013
Director Armando
Moguel y Anza, Origin: Mexico, Residential address: Genève, Switzerland, joint
signature of two, Registered since: 05.02.2013
Title Name
Director Oliver
Boujol, Origin: Grand-Saconnex, Switzerland, Residential address: Nyon,
Switzerland, joint signature of two, Registered since: 03.07.2013
Title Name
Auditor PricewaterhouseCoopers
SA, Residential address: Genève, Switzerland, Id: CH-660-1784998-4, Registered
since: 27.05.2010
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Type: direct
Name: Libero Commodities
Holdings B.V.
City/Country: Schiphol, Netherlands/NL
Interest: 100,00% voting right,
100,00% capital interest
It is believed that the company has no
investments.
Control date Year No. Amount CHF Status
13.01.2012 2012 0
13.01.2012 2011 0
13.01.2012 2010 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.
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.60.37 |
|
|
1 |
Rs.102.48 |
|
Euro |
1 |
Rs.81.87 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NNA |
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.