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Report No. : |
303339 |
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Report Date : |
23.01.2015 |
IDENTIFICATION DETAILS
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Name : |
RC TRITEC AG |
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Registered Office : |
Speicherstrasse 60a, Postfach 147, 9053 Teufen/AR |
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Country : |
Switzerland |
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Date of Incorporation : |
24.09.1993 |
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Com. Reg. No.: |
300.3.012.565-7 / 324623 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Manufacture of other chemical products n.e.c. |
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No. of Employee : |
13 |
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 : |
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
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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.
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Source
: CIA |
RC
Tritec AG
Speicherstrasse
60a
Postfach 147
9053 Teufen/AR
Switzerland/CH
Telephone: 071
3357373
Fax: 071
3357374
Web
site: http://www.rctritec.ch
E-mail: sales@rctritec.com
WIN
Worldbox No.: CH0002550415
VAT-No.: CHE107519663
Established: 1993
Line
of Business: Chemicals
Industry
Division: Manufacturing
Industry-code (NACE): 2059 Manufacture of other chemical products
n.e.c.
Import/Export: Export
Quality
certification: ISO 3157
ISO 4168
ISO/DIS
17514
Banks: unknown
Coverage: Company
Figures: estimated
Financial
year: 2015
Employees: 13
Sales: CHF 7,000,000.--
The business comprises the development,
manufacture and distribution of phosphorescent pigments of fluorescent colors
for night vision. Areas of application of the products are in watches: dials,
pointer, Bezzels. For instruments: scales, dials, markers, indicators. At
scales: engravings and screen printing, aviation equipment and markings,
jewelry, security and emergency boards, signs, markings and others.
Information on property ownership was not
available.
Company
No: 300.3.012.565-7 / 324623
Legal
form: Company limited by
shares
Registration: 24.09.1993
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Appenzell A. Rh.
History: Date of Statutes:
08.08.2008
Date of
Incorporation Statutes: 10.09.1993
Entry Deleted Name
11.08.2008 RC
Tritec AG
24.09.1993 11.08.2008 RC-Tritec AG
Entry Deleted Legal domicile
24.09.1993 Teufen
(AR), Switzerland
Entry Deleted Address
26.08.2010 Speicherstrasse
60a, 9053 Teufen/AR, Switzerland/CH
24.09.1993 26.08.2010 Scheibe, 9053 Teufen AR, Switzerland/CH
Entry Deleted Capital
24.09.1993 Share
Capital CHF 100,000, paidup CHF 100,000
Entry Deleted Capital Structure
24.09.1993 100
Registered shares of CHF 1,000.--
Title Name
President Albert
Zeller-Mannhart
Citizen:
Müllheim, Switzerland
Residential
address: 9053 Teufen /AR, Switzerland
single
signature
Registered
since: 24.09.1993
Director Herbert Wettstein
Citizen:
Remetschwil, Switzerland
Residential
address: 9000 St. Gallen, Switzerland
single
signature
Registered
since: 24.09.1993
Title Name
Auditor KS
Treuhand AG
Residential
address: Altstätten, Switzerland
Id:
CHE-107.285.896
Registered
since: 24.09.1993
Owner: The company is
privately owned.
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
15.12.2014 2014 0
31.12.2013 2013 0
31.12.2012 2012 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:
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 difficult to assess.
Payment
experiences: Payment habits are
considered good.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.69 |
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|
1 |
Rs.93.32 |
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Euro |
1 |
Rs.71.48 |
INFORMATION DETAILS
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Analysis Done by
: |
RSM |
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Report Prepared
by : |
DPT |
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.