MIRA INFORM REPORT

 

 

Report No. :

335129

Report Date :

10.08.2015

 

IDENTIFICATION DETAILS

 

Name :

ALL4-PCB (SCHWEIZ) AG

 

 

Registered Office :

Ringstrasse 39, 4106 Therwil/BL

 

 

Country :

Switzerland

 

 

Year of Establishment :

1970

 

 

Com. Reg. No.:

280.3.005.293-8

 

 

Legal Form :

Company Limited by Shares

 

 

Line of Business :

Manufacturing of liquid contactless process and surface coating equipment supplier (spray, printing, curtain coating) for flexible and rigid flat substrates in the Photo Voltaik / Solar and electronics industry.

 

 

No. of Employees :

10

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

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 – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

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 Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled demand for Swiss exports and put Switzerland into a recession. During this period, the Swiss National Bank (SNB) implemented a zero-interest rate policy to boost the economy, as well as to prevent appreciation of the franc, and Switzerland's economy began to recover in 2010.

 

The sovereign debt crises unfolding in neighboring euro-zone countries, however, coupled with ongoing economic instability in Russia and other eastern European economies continue to pose a significant risk to the Swiss economy, driving up demand for the Swiss franc by investors seeking a safe-haven currency. In January 2015, the SNB abandoned the Swiss franc’s peg to the Euro, roiling global currency markets and making active SNB intervention a necessary hallmark of present-day Swiss monetary policy. 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 from 2011-14.

 

In recent years, Switzerland has responded to increasing pressure from neighboring countries and trading partners to reform its banking secrecy laws, by agreeing to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The Swiss government has also renegotiated its double taxation agreements with numerous countries, including the US, to incorporate OECD standards, and is openly considering the possibility of imposing taxes on bank deposits held by foreigners.

 

Source : CIA

 

 

Company Name and Address

 

ALL4-PCB (SCHWEIZ) AG

 

Operating address:

Ringstrasse 39

4106 Therwil/BL

Switzerland/CH

 

Telephone:                   061 7269511

Fax:                             061 7269528

 

Web site:                      http://www.all4-pcb.com

E-mail:                         info@all4-pcb.com

 

WIN Worldbox No.:       CH0005422069

VAT-No.:                      CHE-109.483.332 MWST

UID-No.:                       CHE109483332

 

 

Profile

 

Established:                 1970

History:                        2002:      Limited company

                                    1970:      Established from Kaspar Kuster

Line of Business:          Machinery

Industry Division:          Manufacturing

Industry-code (NACE):  2841       Manufacture of metal forming machinery

                                    2899       Manufacture of other special-purpose machinery n.e.c.

Import/Export:              Export

Banks:                         Credit Suisse, CH-Basel

                                    Commerzbank, DE-Lörrach

 

 

Operational Figures

 

Coverage:                    Company

Figures:                        estimated

Financial year:              2015

Employees:                  10

Sales:                          CHF 3,700,000.--

 

 


Activity

 

The business activities includes manufacturing of liquid contactless process and surface coating equipment supplier (spray, printing, curtain coating) for flexible and rigid flat substrates in the Photo Voltaik / Solar and electronics industry.

 

Agency:

- GSI Giuseppe Santagati, D-91154 Rot

- JO-TECH S.r.l., I-16121  Genova

- CHIMIE TECH SERVICES (CTS), F-92762 ANTONY CEDEX

- all4-GP (Australia), Trinity Beach QLD 4879/Australia

- Leo Caprara, Sao Paulo, SP

- all4-PCB (North America) Inc., Glendale, CA 91204-2912 USA

- all4-GP (North America) Inc., Glendale, CA 91204-2912 USA

 

 

Real Estate

 

Real Estate:                  The company owns no property.

 

 

Company Register

 

Company No:               280.3.005.293-8

UID-No.:                       CHE109483332

Legal form:                   Company limited by shares

Registration:                 21.02.2002

Legal status:                 active

Responsible Register:   Handelsregister des Kantons Basel-Landschaft

History:                        Date of Statutes: 27.06.2003

                                    Date of Statutes: 17.03.2003

                                    Date of Incorporation Statutes: 15.02.2002

 

Entry          Deleted      Name

21.02.2002                    all4-PCB (Schweiz) AG

21.02.2002                    all4-PCB (Switzerland) Ltd (Name translated)

21.02.2002                    all4-PCB (Suisse) SA (Name translated)

 

Entry          Deleted      Legal domicile

21.02.2002                    Therwil, Switzerland

 

Entry          Deleted      Address

11.07.2002                    Ringstrasse 39, 4106 Therwil, Switzerland/CH

21.02.2002  11.07.2002  Erlenstrasse 27, 4106 Therwil/BL, Switzerland/CH

 

Entry          Deleted      Capital

01.07.2003                    Share Capital CHF 640,000, paidup CHF 640,000

 

Entry          Deleted      Capital Structure

01.07.2003                    640 Registered shares of CHF 1,000.--

 

 

Official Administration

 

Title                                           Name

President                                    Torsten Reckert

                                                  Citizen: Germany

                                                  Residential address: Los Angeles / California, United States of America

                                                  single signature

                                                  Registered since: 03.03.2008

Director                                      Anton  Rüegge

                                                  Citizen: Frick, Switzerland

                                                  Residential address: 4123 Allschwil/BL, Switzerland

                                                  single signature

                                                  Registered since: 21.02.2002

 

 

External Positions

 

Title                                           Name

Auditor                                       Valiba Treuhand AG

                                                  Residential address: Basel, Switzerland

                                                  Id: CH-270.3.005.174-5

                                                  Registered since: 26.06.2002

 

 

Executive board

 

Title                                           Name

Chief Executive Officer               Anton  Rüegge (tony.rueegge@all4-PCB.com)

 

 

Ultimate Parent Company

 

Name:                          all4-Holding AG

City/Country:                Therwil/BL, Switzerland/CH

 

 

Owner/-s

 

No. of Owner/-s:           1

 

Class:                          100%

Type:                           direct, Group-Level 1

Name:                          all4-Holding AG

City/Country:                Therwil/BL, Switzerland/CH

Interest:                        100,00% voting right, 100,00% capital interest (since 2002)

 

 

Sisters

 

Name:                          ALL4-PCB ASIA LIMITED

City/Country:                Hong Kong, Hong Kong/HK

 

Name:                          all4-PCB (North America) Inc

City/Country:                Los Angeles, United States of America/US

 

 

Investments

 

It is believed that the company has no investments.

 

 

Financials

 

Balance sheet publication:     

The subject company does not publish balance sheet or turnover figures.

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

09.05.2014          2014                           0                                      Legal actions

31.12.2013          2013                           0                                      Legal actions

31.12.2012          2012                           0                                      Legal actions

31.12.2011          2011                           0                                      Legal actions

31.12.2010          2010                           0                                      Legal actions

31.12.2009          2009                           0                                      Legal actions

31.12.2008          2008                           0                                      Legal actions

13.10.2005          2005                           0                                      Legal actions

31.12.2004          2004                           0                                      Legal actions

31.12.2003          2003                           0                                      Legal actions

31.12.2002          2002                           1                   14,063.--      Legal actions

Official bankruptcy reports:

No bankruptcy publications available on the subject.

 

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.

 

 

Sanctions List

 

The company is not listed in the WorldCompliance database.

 

 

Payment experiences

 

Payment experiences from pre-legal collection cases:

No payment experiences from pre-legal collection cases are available.

 

Payment experiences from collection cases:

No payment experiences from legal collection cases are available.

 

Mode of payment / Business conduct:

There are no complaints about the mode of payment and the business conduct.

 

 

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 considered to be in order.

 

Payment experiences:   Payment habits are considered good.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.81

UK Pound

1

Rs.98.93

Euro

1

Rs.69.66

 

 

 

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

NIT

 

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.