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Report No. : |
308240 |
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Report Date : |
20.02.2015 |
IDENTIFICATION DETAILS
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Name : |
LIBERO COMMODITIES
SA |
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Registered Office : |
Place du Molard 4, 1204 Genève/GE |
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Country : |
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Date of Incorporation : |
07.11.2008 |
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Com. Reg. No.: |
660.7.486.008-7 / 926439 |
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Legal Form : |
Company Limited By Shares |
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Line of Business : |
·
Engaged in origination,
trading, Risk Management and Direct
Sourcing of Agricultural Commodities. Wholesaler
of Grain, Unmanufactured Tobacco, Seeds and Animal Feeds Wholesaler
of Other Food, including Fish, Crustaceans and Molluscs |
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No of Employees : |
As on 2014 10 (Estimated) |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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) |
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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 |
LIBERO COMMODITIES SA
Place du Molard 4
1204 Genève/GE
Switzerland/CH
Telephone: 022 3678050
Fax: 022
3678090
Web
site: http://www.liberocommodities.com
E-mail: contact@liberocom.com
VAT-No.: CHE-114.580.633 MWST
UID-No.: CHE114580633
Established: 2008
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code (NACE): 4621 Wholesale of grain, unmanufactured tobacco,
seeds and animal feeds
4638 Wholesale of other food, including fish,
crustaceans and molluscs
Import/Export: Agency
Banks: unknown
Coverage: Company
Figures: estimated
Financial
year: 2014
Employees: 10
Sales: CHF 10-20 Mio
Engaged in origination, trading, Risk Management and Direct Sourcing of Agricultural
Commodities.
Subject main
products lines are cotton-lint, cotton-seed, soya beans and corn.
The company is not listed in the World Compliance database.
Real Estate: The
company owns no property.
Company
No: 660.7.486.008-7 /
926439
Legal
form: Company limited
by shares
Registration: 07.11.2008
Legal
status: active
Responsible
Register: Registre du commerce du
canton de Genève
History: Date of Statutes:
12.03.2010
Date of
Statutes: 14.01.2009
Date of
Incorporation Statutes: 31.10.2008
Entry Deleted Name
07.11.2008 LIBERO
COMMODITIES SA
Entry Deleted Legal domicile
07.11.2008 Genève,
Switzerland
Entry Deleted Address
31.03.2011 place
du Molard 4, 1204 Genève, Switzerland/CH
02.06.2010 31.03.2011 rue de Villereuse 22, 1207 Genève/GE,
Switzerland/CH
18.01.2010 02.06.2010 c/o L&S Trust Services SA, Route de Chêne
30A, 1208 Genève/GE, Switzerland/CH
07.11.2008 18.01.2010 Rue du Rhône 59, 1204 Genève, Switzerland/CH
Entry Deleted Capital
23.01.2009 Share
Capital CHF 100,000, paidup CHF 100,000
07.11.2008 23.01.2009 Share Capital CHF 100,000, paidup CHF 50,000
Entry Deleted Capital Structure
17.03.2010 100
Registered shares with restricted transferability of CHF 1,000.--
23.01.2009 17.03.2010 100 Bearer shares of CHF 1,000.--
07.11.2008 23.01.2009 100 Bearer shares of CHF 1,000.--
Title Name
Director Adrian
Moguel y Anza
Citizen:
Mexico
Residential
address: Genève, Switzerland
joint
signature of two
Registered
since: 01.12.2009
Title Name
Director Oliver
Boujol
Citizen:
Grand-Saconnex, Switzerland
Residential
address: Nyon, Switzerland
joint
signature of two
Registered
since: 03.07.2013
Director Damase
Büchi
Citizen:
Winterthur, Switzerland
Residential
address: Freienbach, Switzerland
joint
signature of two
Registered
since: 05.02.2013
Member
with procuration Nicolas
Dogon
Citizen:
France
Residential
address: Divonne-les-Bains, France
joint
power of attorney of two
Registered
since: 14.07.2014
Title Name
Auditor PricewaterhouseCoopers
SA
Residential
address: Genève, Switzerland
Id:
CH-660-1784998-4
Registered
since: 27.05.2010
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Type: direct
Name: Libero Commodities
Holdings B.V.
City/Country: Schiphol, Netherlands/NL
Interest: 100,00% voting right,
100,00% capital interest
It is believed that the company has no investments.
Balance sheet publication:
The subject company does not publish balance sheet or turnover figures.
Control date Year No. Amount CHF Status
13.01.2012 2012 0
13.01.2012 2011 0
13.01.2012 2010 0
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.
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:
Unknown
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: Unknown
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.25 |
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UK Pound |
1 |
Rs.95.57 |
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Euro |
1 |
Rs.71.01 |
INFORMATION DETAILS
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Analysis Done by
: |
KAR |
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Report Prepared
by : |
MNL |
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.