|
Report No. : |
335523 |
|
Report Date : |
11.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
WERNER MATHIS AG |
|
|
|
|
Registered Office : |
Rütisbergstrasse 3 8156 Oberhasli/ZH |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Date of Incorporation : |
10.06.1969 |
|
|
|
|
Com. Reg. No.: |
020.3.916.373-0 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
Manufacture and sale of laboratory equipment for the textile industry,
and general equipment manufacture. |
|
|
|
|
No. of Employee : |
60 |
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 |
WERNER MATHIS AG
Operating
address:
Rütisbergstrasse 3
8156 Oberhasli/ZH
Switzerland/CH
Telephone: 044
8525050
Fax: 044
8506707
Web
site: http://www.mathisag.com
E-mail: info@mathisag.com
WIN
Worldbox No.: CH0000234606
VAT-No.: CHE-106.958.876 MWST
UID-No.: CHE106958876
Established: 1968
History: 1968: Established from Werner Mathis
Line
of Business: Machinery
Industry
Division: Manufacturing
Industry-code (NACE): 2894 Manufacture of machinery for textile,
apparel and leather production
Import/Export: Export
Export
sales: 95,0%
Banks: CS Credit Suisse
UBS Ltd
ZKB Zürcher
Kantonalbank
Organisation
level: Ultimate Parent
Coverage: Company
Financial
year: 2015
Employees: 60
Sales: CHF 17,000,000.--
The business activities includes the
manufacture and sale of laboratory equipment for the textile industry, and
general equipment manufacture.
Real
Estate: The company owns
buildings.
Company
No: 020.3.916.373-0
UID-No.: CHE106958876
Legal
form: Company limited by
shares
Registration: 10.06.1969
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Zürich
History: Date of Incorporation
Statutes: 30.04.1969
Date of
Statutes: 07.12.2006
Date of Statutes:
28.10.1996
Entry Deleted Name
active Werner
Mathis AG
Entry Deleted Legal domicile
active Niederhasli,
Switzerland
Entry Deleted Address
06.12.1996 Rütisbergstrasse
3, 8156 Oberhasli/ZH, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 90,000, paidup CHF 90,000
Entry Deleted Capital Structure
16.01.2007 9,000
Registered shares of CHF 10.--
Entry Deleted Activity
06.12.1996 Manufacture
and distribution of laboratory equipment for the textile industry as well as
manufacture of general equipment; may participate in other companies as well as
acquire, manage, and sell property.
Entry Deleted Remarks
active Publishing
authority: SHAB Swiss Gazette
06.12.1996 Shares:
The transfer of registered shares is restricted in accordance with the
statutes.
06.12.1996 Reports:
Communications by the Company to the shareholders are communicated by letter to
the registered in the share register addresses.
Title Name
President Werner
Mathis
Citizen:
Wolfenschiessen, Switzerland
Residential
address: Niederhasli, Switzerland
single
signature
Director Robert
Görtz
Citizen:
Langwies, Switzerland
Residential
address: Neerach, Switzerland
single
signature
Director Erwin
Schärer
Citizen:
Obersteckholz, Switzerland
Residential
address: Dällikon, Switzerland
single
signature
Title Name
General
Manager Beat
Mathis
Citizen:
Wolfenschiessen, Switzerland
Residential
address: Hochfelden, Switzerland
single
signature
Member
with signing authority Albert Manser
Citizen:
Appenzell, Switzerland
Residential
address: Winterthur/ZH, Switzerland
single
signature
Member
with procuration Clemens
Diesch
Citizen:
Germany
Residential
address: Niederhasli, Switzerland
joint
power of attorney of two
Registered
since: 14.12.2012
Member
with procuration Irene Mathis
Citizen:
Wolfenschiessen, Switzerland
Residential
address: Niederhasli, Switzerland
joint
power of attorney of two
Title Name
Auditor Vescofida
Wirtschaftsprüfungs GmbH
Residential
address: Niederhasli, Switzerland
Id:
CH-020.4.019.102-2
Title Name
Chief
Executive Officer Beat
Mathis
Owner: The company is
privately owned.
Class: 100%
Name: Aparelhos de laboratorio
Mathis Ltda
City/Country: Cotia, Brazil/BR
Interest: 100,00% voting right,
100,00% capital interest (since 1982)
Class: 100%
Name: Mathis India Pvt. Ltd
City/Country: THANE/Maharashtra, India/IN
Interest: 100,00% voting right,
100,00% capital interest (since 2004)
Class: 100%
Name: Werner Mathis USA Inc
City/Country: Concord, United States of
America/US
Interest: 100,00% voting right,
100,00% capital interest
Balance sheet publication:
The subject company does not publish balance
sheet or turnover figures.
Control date Year No. Amount CHF Status
14.01.2013 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
31.12.2007 2007 0 Legal
actions
31.12.2006 2006 0 Legal
actions
31.12.2005 2005 0 Legal
actions
31.12.2004 2004 0 Legal
actions
31.12.2003 2003 0 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.
The company is not listed in the
WorldCompliance database.
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.
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
appears to be good.
Payment
experiences: There are no objections
regarding the payment of financial obligations.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.76 |
|
|
1 |
Rs.98.76 |
|
Euro |
1 |
Rs.69.88 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ANK |
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.