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Report No. : |
328640 |
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Report Date : |
27.06.2015 |
IDENTIFICATION DETAILS
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Name : |
HAMILTON MEDICAL AG |
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Registered Office : |
Via Crusch 8, 7402 Bonaduz/GR |
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Country : |
Switzerland |
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Date of Incorporation : |
18.05.1983 |
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Com. Reg. No.: |
350.3.002.573-2 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Manufacture of irradiation, electromedical and electrotherapeutic
equipment |
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No. of Employees : |
80 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 – 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 |
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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 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 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 continues 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 of 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 during 2011-13. In recent years, Switzerland has
responded to increasing pressure from neighboring countries and trading
partners, including the EU, the US, and international institutions to reform
its banking secrecy laws. In response to that international pressure, the Swiss
government has agreed 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, while openly considering the possibility
of imposing taxes on bank deposits held by foreigners.
|
Source
: CIA |
Hamilton Medical
AG
Via Crusch 8
7402 Bonaduz/GR
Switzerland/CH
Telephone: 081
6606010
Fax: 081
6606020
Web
site: http://www.hamilton-medical.com
E-mail: info@hamilton-medical.com
WIN
Worldbox No.: CH0000198849
VAT-No.: CHE-108.075.924 MWST
UID-No.: CHE108075924
Established: 1983
Line
of Business: Medical technology
Industry
Division: Manufacturing
Industry-code (NACE): 2660 Manufacture of irradiation,
electromedical and electrotherapeutic equipment
Import/Export: Export
Quality
certification: ISO 9001:2008
ISO
13485:2012
Banks: unknown
Coverage: Company
Figures: estimated
Financial
year: 2015
Employees: 80
Sales: CHF 45,000,000.--
The company specializes in the design and
development of ventilation equipment for patients ranging from neonates to adults.
Innovative Intelligent Ventilation Solutions such as Adaptive Support
Ventilation.
Real
Estate: It is understood
that the company owns certain property.
Company
No: 350.3.002.573-2
UID-No.: CHE108075924
Legal
form: Company limited by
shares
Registration: 18.05.1983
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Graubünden
History: Date of Statutes:
27.11.1984
Date of
Incorporation Statutes: 18.05.1983
Date of
Statutes: 26.10.2010
Date of Statutes:
08.11.2007
Entry Deleted Name
29.11.1984 Hamilton
Medical AG
removed Hamilton Medical Engineering AG
Entry Deleted Legal domicile
09.11.2007 Bonaduz,
Switzerland
09.11.2007 Rhäzüns, Switzerland
removed Bonaduz, Switzerland
Entry Deleted Address
09.11.2007 Via
Crusch 8, 7402 Bonaduz, Switzerland/CH
09.11.2007 Via Nova 7, 7403 Rhäzüns/GR, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 50,000, paidup CHF 50,000
27.10.2010 Participation
Capital CHF 95,000, paidup CHF 95,000
Entry Deleted Capital Structure
active 500
Registered shares of CHF 100.--
27.10.2010 9,500
Registered participation certificates of CHF 10.--
Title Name
President Andreas
Wieland
Citizen:
Schiers, Switzerland
Residential
address: Balzers, Liechtenstein
single
signature
Registered
since: 03.05.2002
Director Robert
Charles Atkinson Hamilton
Citizen:
United States of America
Residential
address: Carson City , United States of
America
joint
signature of two
Registered
since: 20.05.2015
Title Name
Member
of the management Jens Hallek
Citizen:
Germany
Residential
address: Chur, Switzerland
joint
signature of two
Registered
since: 18.12.2014
Member
with signing authority Meinrad
Hofstetter
Citizen:
Kriens, Hitzkirch, Switzerland
Residential
address: 7012 Felsberg/GR, Switzerland
joint
signature of two
Registered
since: 01.04.2008
Member
with signing authority Roger Lang
Citizen:
Domat/Ems, Switzerland
Residential
address: Domat/Ems, Switzerland
joint
signature of two
Registered
since: 01.11.2002
Title Name
Auditor PricewaterhouseCoopers
AG
Residential
address: Chur, Switzerland
Id:
CHE-421.817.078
Registered
since: 08.10.2010
Name: Hamilton Company
City/Country: Reno/Nevada, United States of
America/US
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Type: indirect, Group-Level
1
Name: Hamilton Company
City/Country: Reno/Nevada, United States of
America/US
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Type: direct
Name: Hamilton Bonaduz AG
City/Country: Bonaduz/GR, Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest
Name: Hamilton Robotics
City/Country: Massy, France/FR
Name: Hamilton Robotics ApS
City/Country: Kobenhaven, Denmark/DK
Name: Hamilton Robotics GmbH
City/Country: Planegg/Bayern, Germany/DE
Name: Hamilton Robotics Ltd
City/Country: Birmingham/West Midlands, United
Kingdom/GB
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.
Debt collection case:
JAN 2014: CHF 53.00, booked up.
OCT 2013: CHF 745.00, booked up.
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 in order.
Payment
experiences: There are no objections
regarding the payment of financial obligations.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.60 |
|
|
1 |
Rs.100.09 |
|
Euro |
1 |
Rs.71.23 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
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Report Prepared
by : |
NIT |
RATING EXPLANATIONS
|
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.