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Report No. : |
308118 |
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Report Date : |
20.02.2015 |
IDENTIFICATION DETAILS
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Name : |
INDUKERN CHEMIE AG |
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Registered Office : |
Wiesenstrasse 33 Postfach 268 8952
Schlieren/ZH |
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Country : |
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Date of Incorporation : |
24.01.1986 |
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Com. Reg. No.: |
020.3.913.216-3 / 88817 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
· Wholesale of pharmaceutical goods · Wholesale of chemical products |
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No. of Employee : |
12 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No complaints |
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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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Switzerland |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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 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 |
INDUKERN CHEMIE AG
Operating
address:
Wiesenstrasse 33
Postfach 268
8952 Schlieren/ZH
Switzerland/CH
Telephone: 044
7385757
Fax: 044
7385790
Web
site: http://www.indukern.ch
E-mail: info@indukern.com
WIN
Worldbox No.: CH0000138375
VAT-No.: CHE-103.535.290 MWST
UID-No.: CHE103535290
Established: 1986
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code (NACE): 4646 Wholesale of pharmaceutical goods
4675 Wholesale of chemical products
Import/Export: Agency
Banks: unknown
Organisation
level: Ultimate Parent
Coverage: Company
Figures: approximately
Financial
year: 2015
Employees: 12
Sales: CHF 10-20 Mio
The business includes sales of rust Open to
the veterinary medicine, pharmacy, food supplements, food and feed industry and
related services. The company has subsidiaries in: IK GmbH (GER), IK Rus
(Russia), IK Istanbul (TR), gamma Pharm (CH) and warehouse locations in
Hamburg, Germany & Rotterdam, Netherlands.
Information on property ownership was not
available.
Company
No: 020.3.913.216-3 / 88817
Legal
form: Company limited
by shares
Registration: 24.01.1986
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Zürich
History: Date of Statutes:
30.03.1988
Date of
Statutes: 30.04.2003
Date of
Statutes: 10.09.1992
Entry Deleted Name
active Indukern
Chemie AG
Entry Deleted Legal domicile
active Schlieren,
Switzerland
Entry Deleted Address
23.06.2014 Wiesenstrasse 33, 8952 Schlieren/ZH,
Switzerland/CH
Entry Deleted Capital
16.10.1992 Share
Capital CHF 1,000,000, paidup CHF 1,000,000
Entry Deleted Capital Structure
16.10.1992 1,000
Registered shares of CHF 1,000.--
Title Name
President José Luis
Diaz-Varela
Citizen:
Spain
Residential
address: Barcelona, Spain
joint
signature of two
Director Daniel
Diaz-Varela
Citizen:
Spain
Residential
address: Barcelona, Spain
joint
signature of two
Director Romeo
Krebser
Citizen:
Oberembrach, Switzerland
Residential
address: 8424 Embrach/ZH, Switzerland
joint
signature of two
Director Eva
Maeder-Bertschinger
Citizen:
Zürich, Switzerland
Residential
address: Rüschlikon, Switzerland
joint
signature of two
Title Name
Director Romeo
Krebser
Citizen:
Oberembrach, Switzerland
Residential
address: 8424 Embrach/ZH, Switzerland
joint
signature of two
Member
with procuration Christoph
Allenbach
Citizen:
Zürich, Switzerland
Residential
address: 8001 Zürich/ZH, Switzerland
joint
power of attorney of two, Restricted signatory powers
Registered
since: 03.11.2009
Title Name
Auditor Deloitte
AG
Residential
address: Zürich, Switzerland
Id:
CHE-101.377.666
Registered
since: 14.11.2012
Title Name
Chief
Executive Officer Romeo
Krebser (krebser@indukern.com)
Chief
Financial Officer Christoph
Allenbach (allenbach@indukern.com)
Name: INDUKERN S.A.
City/Country: Barcelona, Spain/ES
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Type: direct, Group-Level
1
Name: INDUKERN S.A.
City/Country: Barcelona, Spain/ES
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Name: INDUKERN HONG KONG
LIMITED
City/Country: Wanchai/Hong Kong, Hong Kong/HK
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
05.03.2013 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
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 is considered to be good.
Payment experiences: Financial obligations are met as appropriate.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.25 |
|
|
1 |
Rs.95.57 |
|
Euro |
1 |
Rs.71.01 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
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Report Prepared
by : |
ANK |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.