MIRA INFORM REPORT

 

 

Report No. :

336614

Report Date :

19.08.2015

 

IDENTIFICATION DETAILS

 

Name :

PRIME CARBON GMBH

 

 

Registered Office :

Seestrasse 17, 6300 Zug/ZG, Switzerland/CH

 

 

Country :

Switzerland

 

 

Date of Incorporation :

27.09.2006

 

 

Com. Reg. No.:

170.3.029.879-6

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Trading in raw materials as well as the management of investments and implementation of financial and investment transactions on international level for the AMCI Group.

 

 

No. of Employees :

5

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

 

Status :

Moderate

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, 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

 

PRIME CARBON GMBH

 

 

Operating address

 

Seestrasse 17

6300 Zug/ZG

Switzerland/CH

 

Telephone:        041 7270870

Fax:                  041 7270871

 

Web site:          http://www.amcigroup.com

E-mail:              info@amcigroup.com

 

WIN Worldbox No.:       CH0007267028

VAT-No.:           CHE-113.185.228 MWST

UID-No.:           CHE113185228

 

 

Profile

 

Established:      2006

Line of Business:          Financial services, Consumer goods wholesale

Industry Division:          Services, Wholesale trade

Industry-code (NACE):   6612     Security and commodity contracts brokerage

                                    6499     Other financial service activities, except insurance and pension funding n.e.c.

                                    4676     Wholesale of other intermediate products

Banks:                          Unknown

 

 

Operational Figures

 

Coverage:         Company

Figures:            estimated

Financial year:   2015

Employees:      5

Sales:   CHF 1-2 Mio

 

 

Activity

 

The business activities include trading in raw materials as well as the management of investments and implementation of financial and investment transactions on international level for the AMCI Group.

 

The AMCI Group is a leading global resources company engaged in trade in energy and hardware, coal, minerals and metals.

 

 

Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:    170.3.029.879-6

UID-No.:           CHE113185228

Legal form:       Limited Liability Company

Registration:     27.09.2006

Legal status:     active

Responsible Register:   Handelsregister des Kantons Zug

History: Date of Statutes: 10.08.2012

            Date of Statutes: 31.05.2011

            Date of Statutes: 01.06.2010

            Date of Incorporation Statutes: 22.09.2006

 

Entry    Deleted Name

14.06.2011                    Prime Carbon GmbH

27.09.2006        14.06.2011        Prime Carbon AG

 

Entry    Deleted Legal domicile

16.08.2012                    Zug, Switzerland

14.06.2010        16.08.2012        Baar, Switzerland

27.09.2006        14.06.2010        Zug, Switzerland

 

Entry    Deleted Address

16.08.2012                    Seestrasse 17, 6300 Zug/ZG, Switzerland/CH

23.06.2010        16.08.2012        Bahnhof-Park 2, 6340 Baar/ZG, Switzerland/CH

14.06.2010        23.06.2010        Bahnhof-Park 2, 6341 Baar/ZG, Switzerland/CH

22.11.2007        14.06.2010        Seestrasse 17, 6300 Zug, Switzerland/CH

27.09.2006        22.11.2007        Bleichistrasse 8, 6300 Zug, Switzerland/CH

 

Entry    Deleted Capital

14.06.2011                    LLC Capital CHF 100,000

27.09.2006        14.06.2011        Share Capital CHF 100,000, paidup CHF 100,000

 

Entry    Deleted Capital Structure

14.06.2011                    100 Participation shares of CHF 1,000.--

27.09.2006        14.06.2011        100 Bearer shares of CHF 1,000.--

Management

 

Title      Name

General Manager           Charalampos Antoniou

            Citizen: Greece

            Residential address: Oberägeri, Switzerland

            single signature

            Registered since: 07.10.2013

General Manager           lic. iur. Iso Lenzlinger

            Citizen: Zug, Mosnang, Switzerland

            Residential address: 6317 Oberwil bei Zug, Switzerland

            Born: 1953

            single signature

            Registered since: 27.09.2006

Chairman of the management     Hans Jürgen Mende

            Citizen: Germany

            Residential address: Sydney , Australia

            single signature

            Registered since: 27.09.2006

Director            Ornella Bolz-Spinello

            Citizen: Italy

            Residential address: 5728 Gontenschwil, Switzerland

            single signature

            Registered since: 27.10.2009

Director            Thomas Bürger

            Citizen: Germany

            Residential address: Meerbusch , Germany

            single signature

            Registered since: 27.10.2009

 

 

External Positions

 

Title      Name

Auditor KPMG AG

            Residential address: Zug, Switzerland

            Id: CH-170.9.000.370-3

            Registered since: 09.04.2010

 

 

Executive board

 

Title      Name

Chief Executive Officer  Hans Jürgen Mende

Deputy Chief Executive Officer  Charalampos Antoniou

 

 

Ultimate Parent Company

 

Name:   AMCI Worldwide Limited

City/Country:     George Town/Grand Cayman, Cayman Islands/KY

 

 

Direct owner/-s

 

No. of owner/-s:            1

Owner:  The company is foreign owned.

 

Class:   100%

Name:   AMCI Euro-Holdings B.V.

City/Country:     Amsterdam, Netherlands/NL

Capital share:    CHF 100,000.--

Interest:            100,00% voting right, 100,00% capital interest (since 14.06.2011)

 

 

Sisters

 

Name:   AMCI Resources GmbH

City/Country:     Zug/ZG, Switzerland/CH

 

 

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

 

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 World Compliance 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.

 

 

Remarks

 

There is no own telephone number registered for this 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.65.22

UK Pound

1

Rs.102.23

Euro

1

Rs.72.39

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

TPT

 

               

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.