MIRA INFORM REPORT

 

 

Report No. :

344838

Report Date :

12.10.2015

 

IDENTIFICATION DETAILS

 

Name :

IKEA SUPPLY AG

 

 

Registered Office :

Grüssenweg 15, 4133 Pratteln/BL

 

 

Country :

Switzerland

 

 

Date of Incorporation :

21.08.1990

 

 

Com. Reg. No.:

280.3.914.640-7

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :
  • Wholesale of furniture, carpets and lighting equipment
  • Wholesale of other office machinery and equipment
  • Wholesale of office furniture

 

 

No. of Employee :

180

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

No complaints

 

 

Litigation :

Exist

 

 

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

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

Company name

 

IKEA SUPPLY AG

 

 

Address

 

Grüssenweg 15

4133 Pratteln/BL

Switzerland/CH

 

Telephone:                      058 8535600

Fax:                               058 8535601

Web site:                        http://www.ikea.com/ch

WIN Worldbox No.:         CH0000069786

VAT-No.:                        CHE-116.267.532 MWST

UID-No.:                         CHE106816182

 

 

Profile

 

Established:                   1990

Line of Business:            Consumer goods wholesale

Industry Division:            Wholesale trade

Industry-code (NACE):     4647       Wholesale of furniture, carpets and lighting equipment

                                    4666       Wholesale of other office machinery and equipment

                                    4665       Wholesale of office furniture

Import/Export:                Import, Export

Banks:                            unknown

 

 

Operational Figures

 

Coverage:                       Company

Figures:                          estimated

Financial year:                 2015

Employees:                    180

 

 

Activity

 

The business activities are the retail sale of furniture and other household and office furnishings. The company is the central purchasing unit for the international Group.

 

 

Real Estate

 

Real Estate:                    The company does not appear to own any property.

 

 

Company Register

 

Company No:                 280.3.914.640-7

UID-No.:                         CHE106816182

Legal form:                     Company limited by shares

Registration:                   21.08.1990

Legal status:                   active

Responsible Register:     Handelsregister des Kantons Basel-Landschaft

History:                          Date of Statutes: 01.12.1992

                                    Date of Statutes: 18.07.2013

                                    Date of Statutes: 12.06.2008

                                    Date of Statutes: 22.08.2006

                                    Date of Statutes: 22.02.2006

                                    Date of Statutes: 26.05.1998

                                    Date of Statutes: 28.02.1995

 

Entry            Deleted      Name

28.02.2006                      IKEA Supply AG

                  removed     Ikea (Eastern Europe) AG

                  01.03.1995  Ikea (East Central Europe) AG

01.03.1995    28.02.2006  Ikea Trading und Design AG

 

Entry            Deleted      Legal domicile

16.06.2008                      Pratteln, Switzerland

                  16.06.2008  Gelterkinden, Switzerland

 

Entry            Deleted      Address

16.06.2008                      Grüssenweg 15, 4133 Pratteln/BL, Switzerland/CH

                  31.10.1995  Allmend 3, 4460 Gelterkinden/BL, Switzerland/CH

31.10.1995    16.06.2008  Eiweg 10, 4460 Gelterkinden/BL, Switzerland/CH

 

Entry            Deleted      Capital

23.08.2006                      Share Capital CHF 5,750,000, paidup CHF 5,750,000

 

Entry            Deleted      Capital Structure

19.07.2013                      575 Registered shares of CHF 10,000.--

23.08.2006    19.07.2013  575 Bearer shares of CHF 10,000.--

 

Entry            Deleted      Branches

                  removed     route de la Gare , 1165 Allaman/VD, Switzerland/CH

 

 

Official Administration

 

Title                                             Name

 

President                                      Alistair Davidson

                                                  Citizen: Bourg-en-Lavaux, Switzerland

                                                  Residential address: Wassenaar, Netherlands

                                                  joint signature of two

                                                  Registered since: 13.12.2012

Director                                        Jesper Mattias Brodin

                                                  Citizen: Sweden

                                                  Residential address: Helsingborg , Sweden

                                                  joint signature of two

                                                  Registered since: 22.12.2011

Director                                        Krister Mattsson

                                                  Citizen: Sweden

                                                  Residential address: Wassenaar, Netherlands

                                                  joint signature of two

                                                  Registered since: 19.03.2013

 

 

Management

 

Title                                             Name

 

Director                                        Markus Baumgartner

                                                  Citizen: Langnau im Emmental, Switzerland

                                                  Residential address: Lampenberg, Switzerland

                                                  Born: 1958

                                                  joint signature of two

Director                                        Henrik Elm

                                                  Citizen: Sweden

                                                  Residential address: Bottmingen, Switzerland

                                                  joint signature of two

                                                  Registered since: 13.12.2012

Director                                      Michael Nielsen

                                                  Citizen: Denmark

                                                  Residential address: Oberwil/BL, Switzerland

                                                  joint signature of two

Member with signing authority        Daniel Schwarzenbach

                                                  Citizen: Thalwil, Switzerland

                                                  Residential address: Oberentfelden, Switzerland

                                                  joint signature of two

Member with procuration                Ulf Patrick Elofsson

                                                  Citizen: Sweden

                                                  Residential address: Pratteln, Switzerland

                                                  joint power of attorney of two

                                                  Registered since: 22.12.2011

Member with procuration                Benno Hasler

                                                  Citizen: Gelterkinden, Wegenstetten, Switzerland

                                                  Residential address: Gelterkinden, Switzerland

                                                  joint power of attorney of two

Member with procuration                Magnus Holmquist

                                                  Citizen: Sweden

                                                  Residential address: 4104 Oberwil /BL, Switzerland

                                                  joint power of attorney of two

                                                  Registered since: 20.11.2009

Member with procuration                Sven Skadinn

                                                  Citizen: Zürich, Uznach, Switzerland

                                                  Residential address: Fribourg/FR, Switzerland

                                                  joint power of attorney of two

 

 

External Positions

 

Title                                             Name

Auditor                                         Ernst & Young AG

                                                  Residential address: Zürich, Switzerland

 

 

Executive board

 

Title                                             Name

Chief Executive Officer                  Markus Baumgartner

 

 

Ultimate Parent Company

 

Name:                            Stichting INGKA Foundation

City/Country:                   Leiden, Netherlands/NL

 

Direct owner/-s

 

No. of owner/-s:              1

Owner:                            The company is foreign owned.

 

Class:                             100%

Name:                            Skandia AG

City/Country:                   Pratteln/BL, Switzerland/CH

Interest:                          100,00% voting right, 100,00% capital interest

 

 

Sisters

 

Name:                            IKEA AG

City/Country:                   Spreitenbach/AG, Switzerland/CH

 

Name:                            IKEA Handels AG

City/Country:                   Pratteln/BL, Switzerland/CH

 

Name:                            Ikea Lager + Service AG

City/Country:                   Itingen/BL, Switzerland/CH

 

 

Investments

 

It is believed that the company has no investments.

 

 

Financials

 

Balance sheet publication:        

The subject company does not publish balance sheet or turnover figures.

 

 

Legal Actions

 

Control date         Year                       No.             Amount CHF     Status

 

06.08.2013            2013                           1                   43,884.--      Opposition filed

31.12.2012            2012                           0                                      Legal actions

31.12.2011            2011                           2              3,084,608.--      Opposition filed

31.12.2010            2010                           0                                      Legal actions

31.12.2009            2009                           0                                      Legal actions

31.12.2008            2008                           0                                      Legal actions

31.12.2007            2007                           0                                      Legal actions

31.12.2006            2006                           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.

 

 

Sanctions List

 

The company is not listed in the WorldCompliance database.

 

 

Remarks

 

Note: The VAT number - CHE-116.267.532 MWST - is the Group VAT number.

 

 

Credit Information

 

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 good.

 

Payment experiences:     Payment habits are considered good.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.64.78

UK Pound

1

Rs.99.54

Euro

1

Rs.73.08

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

ASH

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

--

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.