MIRA INFORM REPORT

 

 

 

 

Report Date :

09.09.2014

 

IDENTIFICATION DETAILS

 

Name :

CDI-SOCIETE COTONNIERE DE DISTRIBUTION SA

 

 

Registered Office :

Chemin de Contigny 5, Case Postale 111, 1000 Lausanne 3 Cour

 

 

Country :

Switzerland

 

 

Date of Incorporation :

08.03.1999

 

 

Com. Reg. No.:

550.0.097.052-5 / 455275

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

trading in cotton from Africa, South America, Central Asia and China

 

 

No. of Employees :

20

 

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 30th, 2012

 

Country Name

Previous Rating

(31.03.2011)

Current Rating

(30.06.2012)

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 2.7% 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 safehaven 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 2.1% in 2011. 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 in 2011 it reached deals with Germany and the UK to resolve outstanding issues, particularly 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

 

CDI-SOCIETE COTONNIERE DE DISTRIBUTION SA

 

 

Operating address

 

Chemin de Contigny 5

Case Postale 111

1000 Lausanne 3 Cour

Switzerland/CH

Telephone:                    021 6126565

Fax:                             021 6126566

Web site:                      http://www.cdi-cotton.com

E-mail:                         cdi@cdi-cotton.com

VAT-No.:                      CHE105071427

 

 

Profile

 

Established:                  1957

Line of Business:           Consumer goods wholesale

Industry Division:           Wholesale trade

Industry-code (NACE):     4676     Wholesale of other intermediate products

Import/Export:               Import, Export

Banks:                         CS Credit Suisse

 

 

Operational Figures

 

Coverage:                     Company

Figures:                        approximately

Employees:                  20

 

 

Activity

 

The business activities includes trading in cotton from Africa, South America, Central Asia and China.

 

 

Real Estate

 

Information on property ownership was not available.

 

Company Register

 

Company No:                550.0.097.052-5 / 455275

Legal form:                    Company limited by shares

Registration:                 08.03.1999

Legal status:                 active

Responsible Register:    Registre du commerce du canton de Vaud

History:                        Date of Statutes: 04.03.1999

                                    Date of Statutes: 31.03.1999

                                    Date of Statutes: 26.03.2009

                                    Date of Statutes: 02.07.2004

 

Entry            Deleted   Name

active                           CDI-SOCIETE COTONNIERE DE DISTRIBUTION SA

active                           CDI-COTTON DISTRIBUTORS INC. (Name translated)

                    removed    CDI SA

 

Entry            Deleted   Legal domicile

active                           Lausanne, Switzerland

 

Entry            Deleted   Address

active                           Chemin de Contigny 5, 1007 Lausanne/VD, Switzerland/CH

 

Entry            Deleted   Capital

active                           Share Capital CHF 500'000, paidup CHF 500'000

 

Entry            Deleted   Capital Structure

active                           500 Registered shares with restricted transferability of CHF 1'000.--

 

Entry            Deleted   Activity (original Language)

active                           Commerce de coton brut et ses dérivés et de marchandises diverses.

 

Entry            Deleted   Remarks (original Language)

active                           Publishing authority: Feuille officielle suisse du commerce.

 

 

Official Administration

 

Title                                           Name

President                                    Yves Christophel, Origin: France, Residential address: Lausanne, Switzerland, joint signature of two

Executive Director                       Laurent Peyre, Origin: France, Residential address: Genolier, Switzerland, joint signature of two

 

 

Management

 

Title                                           Name

Deputy Director                           Adrian Salzmann, Origin: Eggiwil, Switzerland, Residential address: Pully, Switzerland, joint signature of two

 

 

External Positions

 

Title                                           Name

Auditor                                       KPMG SA, Residential address: Lausanne, Switzerland

 

 

Owner/-s

 

Owner:                            The company is privately owned.

 

 

Investments

 

It is believed that the company has no investments.

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

15.04.2010          2010                           0

15.04.2010          2009                           0

15.04.2010          2008                           0

15.04.2010          2007                           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.

 

 

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 in order.

 

Payment experiences:   Financial obligations are met as appropriate.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.60.26

UK Pound

1

Rs.97.51

Euro

1

Rs.77.94

 

INFORMATION DETAILS

 

Report Prepared by :

NIS

 

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