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Report No. : |
344964 |
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Report Date : |
19.10.2015 |
IDENTIFICATION DETAILS
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Name : |
LÄSER HANDELS AG |
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Registered Office : |
Birgistrasse 7, Postfach 304, 8304 Wallisellen/ZH, Switzerland/CH |
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Country : |
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Date of Incorporation : |
1961 |
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Com. Reg. No.: |
020.3.915.614-3 |
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Legal Form : |
Company Limited By Shares |
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Line of Business : |
The business includes the import and trading of leather goods (wallets,
writing cases). As well as promotional items of all kinds. |
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No. of Employees : |
3 |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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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
Surrounded by South Africa, except for a short border with
Mozambique, Swaziland depends heavily on South Africa for more than 90% of its
imports and for 60% of its exports. Swaziland's currency is pegged to the South
African rand, effectively relinquishing Swaziland's monetary policy to South
Africa. The government is heavily dependent on customs duties from the Southern
African Customs Union, and worker remittances from South Africa supplement
domestically earned income. Swaziland’s GDP per capita makes it a lower middle
income country, but its income distribution is highly skewed, with an estimated
20% of the population controlling 80% of the nation’s wealth. Subsistence
agriculture employs approximately 70% of the population. The manufacturing
sector diversified in the 1980s and 1990s, but manufacturing has grown little
in the last decade. Sugar and wood pulp had been major foreign exchange earners
until the wood pulp producer closed in January 2010, and sugar is now the main
export earner. Mining has declined in importance in recent years. Coal, gold,
diamond, and quarry stone mines are small-scale, and the only iron ore mine
closed in 2014. With an estimated 40% unemployment rate, Swaziland's need to
increase the number and size of small and medium enterprises and to attract
foreign direct investment is acute. Overgrazing, soil depletion, drought, and
floods are persistant problems. On 1 January 2015, Swaziland lost its
eligibility for benefits under the African Growth and Opportunity Act (AGOA),
threatening the remaining 12,000 jobs in the textile and apparel sector, after
3,000 jobs were lost since the 2014 announcement of the loss of AGOA. As of
2013 more than one-quarter of the adult population was infected by HIV/AIDS;
Swaziland has the world’s highest HIV prevalence rate.
|
Source
: CIA |
LÄSER HANDELS AG
Birgistrasse 7
Postfach 304
8304 Wallisellen/ZH
Switzerland/CH
Telephone: 044 8301393
Fax: 044 8303271
Web site: http://www.werbeartikel-laeser.ch
E-mail: office@werbeartikel-laeser.ch
WIN Worldbox No.: CH0000224938
VAT-No.: CHE-105.750.296
MWST
UID-No.: CHE105750296
Established: 1961
History: 1981: Limited Company
1961: Established from Edwin Läser
Line of Business: Consumer
goods wholesale
Industry Division: Wholesale
trade
Industry-code (NACE): 4649 Wholesale of other household goods
Import/Export: Import
Banks: CS
Credit Suisse
Migros
Bank
PostFinance
Coverage: Company
Figures: approximately
Financial year: 2015
Employees: 3
Sales: CHF 790,000.--
The business includes the import and trading of leather goods (wallets,
writing cases, etc.). As well as promotional items of all kinds.
The main import regions are: Far East, the EU countries.
Logistics Partners (warehouse and shipping): TPA PANATLANTIC AG, EGLISAU
Real Estate: The company owns
no property.
Company No: 020.3.915.614-3
UID-No.: CHE105750296
Legal form: Company
limited by shares
Registration: 10.02.1981
Legal status: active
Responsible Register: Handelsregister
des Kantons Zürich
History: Date
of Incorporation Statutes: 23.01.1981
Date
of Statutes: 05.03.2009
Date
of Statutes: 23.05.2000
Entry Deleted Name
14.06.2000 Läser
Handels AG
14.06.2000 Läser-Lederwaren
AG
Entry Deleted Legal domicile
active Wallisellen,
Switzerland
Entry Deleted Address
active Birgistrasse
7, 8304 Wallisellen, Switzerland/CH
Entry Deleted Capital
active Share Capital
CHF 200,000, paidup CHF 200,000
Entry Deleted Capital Structure
active 200 Bearer
shares of CHF 1,000.--
Title Name
President Ulrich Läser
Citizen: Zürich,
Gontenschwil, Switzerland
Residential address:
8304 Wallisellen, Switzerland
Born: 1967
single signature
Director Elisabeth Mühlebach
Citizen: Tegerfelden,
Engelberg, Switzerland
Residential address:
5306 Tegerfelden, Switzerland
single signature
Registered since:
06.05.2008
Title Name
Chief Executive Officer, Chief Purchase Officer Ulrich Läser (ul@werbeartikel-laeser.ch)
No. of owner/-s: 1
Owner: The company is privately
owned.
Class: 100%
Name: Ulrich Läser
City/Country: 8304
Wallisellen/ZH, Switzerland/CH
Interest: 100,00% voting
right, 100,00% capital interest
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
06.11.2009 2009 0
31.12.2008 2008 0 Legal
actions
31.12.2007 2007 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 World Compliance 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
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.64.97 |
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1 |
Rs.100.55 |
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Euro |
1 |
Rs.73.99 |
INFORMATION DETAILS
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Analysis Done by
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KIN |
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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.