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Report No. : |
322542 |
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Report Date : |
21.05.2015 |
IDENTIFICATION DETAILS
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Name : |
QUADRA COMMODITIES SA |
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Registered Office : |
Rte de Florissant 81, 1206 Genčve/GE |
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Country : |
Switzerland |
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Date of Incorporation : |
27.07.2010 |
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Com. Reg. No.: |
660.1.795.010-5 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Consumer goods wholesale, Financial services |
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No of Employees : |
25 |
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 – 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 Risk |
A2 |
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Moderate Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderate High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
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 |
Quadra Commodities SA
Rte de Florissant
81
1206 Genčve/GE
Switzerland/CH
Telephone: 022
3090111
Fax: 022
3090110
Web
site: http://www.quadra.com
E-mail: info@quadra.com
WIN
Worldbox No.: CH0008709714
VAT-No.: CHE-115.865.535 MWST
UID-No.: CHE115865535
Established: 2010
Line
of Business: Consumer goods
wholesale, Financial services
Industry
Division: Wholesale trade,
Services
Industry-code (NACE): 4639 Non-specialised wholesale of food,
beverages and tobacco
6499 Other financial service activities,
except insurance and pension funding n.e.c.
Import/Export: Agency
Banks: unknown
Coverage: Company
Figures: approximately
Financial
year: 2015
Employees: 25
Quadra is an independent agricultural
trading and logistics organisation. The core business is the physical
origination, handling, transportation and financing of grains, oilseeds,
vegetable oils and sugar.
Real
Estate: The company does
not appear to own any property.
Company
No: 660.1.795.010-5
UID-No.: CHE115865535
Legal
form: Company limited by
shares
Registration: 27.07.2010
Legal
status: active
Responsible
Register: Registre du commerce du canton
de Genčve
History: Date of Statutes:
13.09.2012
Date of
Statutes: 29.08.2011
Date of
Statutes: 24.08.2010
Date of
Incorporation Statutes: 08.07.2010
Entry Deleted Name
27.07.2010 Quadra
Commodities SA
Entry Deleted Legal domicile
09.10.2012 Genčve,
Switzerland
01.09.2011 09.10.2012 Chęne-Bougeries, Switzerland
27.07.2010 01.09.2011 Genčve, Switzerland
Entry Deleted Address
09.10.2012 Route
de Florissant 81, 1206 Genčve/GE, Switzerland/CH
01.09.2011 09.10.2012 Chemin de la Bessonnette 7, 1224
Chęne-Bougeries/GE, Switzerland/CH
27.07.2010 01.09.2011 c/o Berney Conseil SA, Rue du Nant 8, 1207
Genčve/GE, Switzerland/CH
Entry Deleted Capital
31.08.2010 Share
Capital CHF 1,558,000, paidup CHF 1,558,000
27.07.2010 31.08.2010 Share Capital CHF 100,000, paidup CHF 50,000
Entry Deleted Capital Structure
31.08.2010 1,558,000
Registered shares of CHF 1.--
27.07.2010 31.08.2010 100,000 Registered shares of CHF 1.--
Title Name
President Sebastian
Barrack
Citizen:
Australia
Residential
address: Londres, United Kingdom
joint
signature of two
Registered
since: 07.09.2010
Director Marc
Gilléron
Citizen:
Chęne-Bourg, Switzerland
Residential
address: Veyrier, Switzerland
joint
signature of two
Registered
since: 06.06.2012
Director William E.
Krueger
Citizen:
United States of America
Residential
address: Briar, United States of America
joint
signature of two
Registered
since: 07.09.2010
Director Paul
O'Neill
Citizen:
United Kingdom
Residential
address: 1200 Genčve/GE, Switzerland
joint
signature of two
Registered
since: 07.09.2010
Director Piero
Ravano
Citizen:
Italy
Residential
address: Genčve/GE, Switzerland
joint
signature of two
Registered
since: 06.06.2012
Title Name
Director Paul
O'Neill
Citizen:
United Kingdom
Residential
address: 1200 Genčve/GE, Switzerland
joint
signature of two
Registered
since: 07.09.2010
Director Robert
Petritsch
Citizen:
Austria
Residential
address: 1200 Genčve/GE, Switzerland
joint
signature of two
Registered
since: 07.09.2010
Director Piero
Ravano
Citizen:
Italy
Residential
address: Genčve/GE, Switzerland
joint
signature of two
Registered
since: 06.06.2012
Member
with procuration Kai Ingwersen
Citizen:
Germany
Residential
address: Genčve/GE, Switzerland
joint
power of attorney of two
Registered
since: 06.06.2012
Title Name
Auditor KPMG SA
Residential
address: Genčve, Switzerland
Id:
CH-660-0466992-4
Registered
since: 26.04.2013
Title Name
Chief
Executive Officer Piero
Ravano
Chief
Financial Officer Robert
Petritsch
Chief
Marketing Officer Paul
O'Neill
Chief
Human Resources Officer, Chief Information Officer Kai Ingwersen
Name: LANSING TRADE GROUP
LLC
City/Country: Okemos, United States of
America/US
Owner: The company is foreign
owned.
Class: 50-100%
Type: direct, Group-Level 1
Name: LANSING TRADE GROUP
LLC
City/Country: Okemos, United States of
America/US
Interest: 0,00% capital interest
Class: 10-19%
Type: direct, Group-Level 1
Name: MACQUARIE GROUP
LIMITED
City/Country: SYDNEY, Australia/AU
Name: LANSING TRADE GROUP
INTERNATIONAL Sŕrl
City/Country: Genčve/GE, Switzerland/CH
Class: 100%
Name: Quadra Commodities
Eastern Europe SA
City/Country: Genčve/GE, Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest (since 13.10.2011)
Class: 100%
Name: Quadra Commodities Pte
Ltd
City/Country: Singapore, Singapore/SG
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Name: Quadra Commodities Pty
Ltd
City/Country: Melbourne/Victoria, Australia/AU
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
23.01.2014 2014 0 Legal actions
31.12.2013 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
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: Payment habits are
considered good.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 63.86 |
|
|
1 |
Rs. 98.88 |
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Euro |
1 |
Rs. 70.73 |
INFORMATION DETAILS
|
Analysis Done by
: |
RSM |
|
|
|
|
Report Prepared
by : |
DPT |
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome
financial difficulties seems comparatively below average. |
Small |
|
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 |
|
<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.