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Report No. : |
325626 |
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Report Date : |
10.06.2015 |
IDENTIFICATION DETAILS
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Name : |
SAPHIR PRODUCT SA |
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Registered Office : |
Rue de Genève 84, Case Postale 71, 1000 Lausanne 16/VD, Switzerland/CH |
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Country : |
Switzerland
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Date of Incorporation : |
16.05.2011 |
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Com. Reg. No.: |
550.1.092.029-7 |
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Legal Form : |
Company Limited By Shares |
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Line of Business : |
Sale and trading of glass products, particularly sapphire crystals for
watches, sapphire windows for jewellery, watch and mechanical industry. |
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No. of Employees : |
1-9 |
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 responded to 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 hurt Switzerland's long history of bank secrecy.
|
Source
: CIA |
SAPHIR PRODUCT SA
Rue de Genève 84
Case Postale 71
1000 Lausanne 16/VD
Switzerland/CH
Telephone: 021 6232701
Fax: 021 6232726
Web site: http://www.dalloz-dil.fr
E-mail: admin@saphirproduct.com
WIN Worldbox No.: CH0009019773
VAT-No.: CHE-181.956.612 MWST
UID-No.: CHE181956612
Established: 2011
Line of Business: Consumer
goods wholesale
Industry Division: Wholesale
trade
Industry-code (NACE): 4644 Wholesale of china and glassware and
cleaning materials
4648 Wholesale of watches and jewellery
Import/Export: Import, Export
Banks: Crédit Suisse (CS), 1200
Genève
Crédit Suisse (CS),
1000 Lausanne
UBS SA, 1000 Lausanne
Coverage: Company
Financial year: 2015
Employees: 1-9
Sales: CHF 10-20 Mio
The business includes the sale and trading of glass products,
particularly sapphire crystals for watches, sapphire windows for jewellery,
watch and mechanical industry.
Information on property ownership was not available.
Company No: 550.1.092.029-7
UID-No.: CHE181956612
Legal form: Company
limited by shares
Registration: 16.05.2011
Legal status: active
Responsible Register: Registre du
commerce du canton de Vaud
History: Date
of Incorporation Statutes: 21.04.2011
Entry Deleted Name
16.05.2011 Saphir
Product SA
Entry Deleted Legal domicile
16.05.2011 Lausanne,
Switzerland
Entry Deleted Address
16.05.2011 Rue
de Genève 84, 1004 Lausanne/VD, Switzerland/CH
Entry Deleted Capital
16.05.2011 Share
Capital CHF 100,000, paidup CHF 100,000
Entry Deleted Capital Structure
16.05.2011 100
Bearer shares of CHF 1,000.--
Title Name
Director Philippe Dalloz
Citizen: Genève,
Switzerland
Residential address: Grand-Saconnex/GE,
Switzerland
Born: 15.11.1955
single signature
Registered since:
19.05.2011
Title Name
Auditor Audit Transjurane SA
Residential address:
Delémont, Switzerland
Id: CH-670-3002594-8
Title Name
Chief Executive Officer Philippe
Dalloz
Name: Dalloz Industrie Lapidaire
SAS
City/Country: Septmoncel,
France/FR
No. of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Type: direct, Group-Level 1
Name: Dalloz Industrie Lapidaire
SAS
City/Country: Septmoncel,
France/FR
Interest: 100,00% voting
right, 100,00% capital interest (since 16.05.2011)
Name: SAPHIR PRODUCT SERVICES SA
City/Country: Lausanne/VD,
Switzerland/CH
It is believed that the company has no investments.
Balance sheet publication:
The subject company does not publish balance sheet or turnover figures.
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 difficult to assess.
Payment experiences: There are no
objections regarding the payment of financial obligations.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.63.94 |
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|
1 |
Rs.98.27 |
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Euro |
1 |
Rs.72.37 |
INFORMATION DETAILS
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Analysis Done by
: |
RAS |
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Report Prepared
by : |
TPT |
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 |
-- |
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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.