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MIRA INFORM REPORT
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Report No. : |
501355 |
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Report Date : |
07.04.2018 |
IDENTIFICATION DETAILS
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Name : |
HEBERLEIN
AG |
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Registered Office : |
Bleikenstrasse
11 9630 Wattwil/SG |
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Country : |
Switzerland |
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Date of Incorporation : |
1835 |
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Com. Reg. No.: |
320.3.000.852-3 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
·
Manufacture of
machinery for textile, apparel and leather ·
Manufacture of other
special-purpose machinery n.e.c. |
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No. of Employees : |
85 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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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 Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
SWITZERLAND - ECONOMIC OVERVIEW
A small, landlocked kingdom, Swaziland is bordered in the north, west and south by the Republic of South Africa and by Mozambique in the east. Swaziland depends on South Africa for a majority of its exports and imports. Swaziland's currency is pegged to the South African rand, effectively relinquishing Swaziland's monetary policy to South Africa. The government is dependent on customs duties from the Southern African Customs Union (SACU) for almost half of its revenue. Swaziland is a lower middle income country. As of 2017, more than one-quarter of the adult population was infected by HIV/AIDS; Swaziland has the world’s highest HIV prevalence rate.
The manufacturing sector diversified in the 1980s and 1990s, but manufacturing has grown little in the last decade. Sugar and soft drink concentrate are the largest foreign exchange earners, although a drought in 2015-16 decreased sugar production and exports. Overgrazing, soil depletion, drought, and floods are persistent problems. 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 28% unemployment rate, Swaziland's need to increase the number and size of small and medium enterprises and to attract foreign direct investment is acute. On 1 January 2015, Swaziland lost its eligibility for benefits under the US African Growth and Opportunity Act, after failing to meet benchmarks relating to workers’ rights.
Swaziland’s national development strategy, which expires in 2022, prioritizes increases in infrastructure, agriculture production, and economic diversification, while aiming to reduce poverty and government spending. Swaziland’s revenue from SACU receipts are likely to continue to decline as South Africa pushes for a new distribution scheme, making it harder for the government to maintain fiscal balance without introducing new sources of revenue.
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Source
: CIA |
Company
name and address
Heberlein
AG
Operating
address:
Bleikenstrasse
11
9630 Wattwil/SG
Switzerland/CH
Telephone : +41 719874444
Fax : +41 719874445
Web site : http://www.heberlein.com
E-mail : info@heberlein.com
WIN Worldbox No. : CH0000068558
VAT-No. : CHE-102.693.087 MWST
UID-No. : CHE102693087
Profile
Established : 1835
History: 1835 : Established from Georg Phillip Heberlein
Line of Business : Machinery
Industry Division : Manufacturing
Industry-code (NACE) : 2894 Manufacture
of machinery for textile, apparel and leather production
2899 Manufacture of other special-purpose
machinery n.e.c.
Import/Export : Export
Quality certification : ISO 9001:2000 (since 1995)
ISO
13485 (since 2010)
Banks : UBS AG, CH-9620 Lichtensteig, IBAN:
CH75 0024 4244 5741 7001N, Swift Code (BIC) : UBSWCHZH80A
Operational Figures
Coverage : Company
Figures : estimated
Financial year : 2017
Employees : 85
Sales : CHF 32,000,000.--
Activity
The company develops,
produces and sells air interlacing and air texturing jets for synthetic
continuous filament yarns. Products:
- Air jets:
Air migration jets (FibreJet Migra, PolyJet-2 Migra), Air interlacing jets
(BCF-Jet, FibreJet-SP, FibreJet-TG, PolyJet-BCF TopAir, PolyJet-SP-2), Air
interlacing jets (PolyJet-TG Top Air, PolyJet-TG-2, SlideJet-DT15-5,
SlideJet-FT15-2, SlideJet-HFP15-2, SwissJet), Detorque jets (DetorqueJet-3),
Air texturing jets (ATYJet-RC, HemaJet-EO52, HemaJet-LB04, Jet cores all
ceramics, Jet cores ceramic/steel, TexJet-ATY).
- Aspirators:
Lufan-3.
- Splicers:
AirSplicer-17-2, AirSplicer-40-2, AirSplicer-70-2.
- Splice-/
cutting units: DripDetector.
- Aspirating-/
cutting units: CuttingHead I100, LufanStat-Cut I100.
Services: lead
a textile technical center with various modern filament processing textile
machinery, a textile laboratory for examination and testing of filament yarns.
Supervision by team of experienced yarn technologists and process engineers.
Advising clients in textile engineering, process engineering and economic
issues as well as in the application and the end use of filament yarns. Trials
with customers in the fields of air jet texturing yarns, false-twist texturing,
air turbulence, Air Covering and splicing and implementation of technical
textile studies and tests on internally produced and advances to customers
yarns.
Operations and Branches
At the address, Bleikenstrasse 11, 9630 Wattwil,
Switzerland, we find office of the company.
Real Estate
Real Estate: The
company does not appear to own any property.
Company Register
Company No: 320.3.000.852-3
UID-No.: CHE102693087
Legal form: Company
limited by shares
Registration: 14.01.1950
Legal status: active
Responsible Register: Handelsregister
des Kantons St. Gallen
History: Date of
Statutes: 06.01.1983
Date
of Incorporation Statutes: 07.01.1950
Date
of Statutes: 14.06.2016
Date
of Statutes: 09.02.2016
Date
of Statutes: 09.07.2013
Date
of Statutes: 28.04.2009
Date
of Statutes: 27.07.2007
Date
of Statutes: 18.05.2006
Date
of Statutes: 05.12.2003
Date
of Statutes: 17.06.1997
Entry Deleted Name
12.02.2016 Heberlein AG
12.02.2016 Heberlein SA
(Name translated)
12.02.2016 Heberlein Inc.
(Name translated)
20.06.1997 Heberlein Machine Works Ltd.
removed Apag Apparatebau AG
removed Apag Apparatebau AG Goldach
20.06.1997 Heberlein Maschinenfabrik AG
16.07.2013 12.02.2016 Saurer Components AG
16.07.2013 12.02.2016 Saurer Components SA (Name translated)
16.07.2013 12.02.2016 Saurer Components Inc. (Name translated)
09.08.2007 16.07.2013 Oerlikon Heberlein Temco Wattwil AG
09.08.2007 16.07.2013 Oerlikon Heberlein Temco Wattwil Inc. (Name
translated)
11.12.2003 09.08.2007 Heberlein Fiber Technology Inc. (Name
translated)
20.06.1997 09.08.2007 Heberlein Fasertechnologie AG
20.06.1997 09.08.2007 Heberlein Fibertechnology, Inc. (Name
translated)
Entry Deleted Legal domicile
active Wattwil,
Switzerland
Entry Deleted Address
active Bleikenstrasse
11, 9630 Wattwil/SG, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 1,000,000, paid up CHF 1,000,000
Entry Deleted Capital Structure
active 1,000
Registered shares of CHF 1,000.--
Entry Deleted Remarks
27.04.2006 Merger: As per
merger agreement date 24.04.2006 did subject matter merge with and absorb
Electrotex AG based, Wattwil (CH-160.3.001.242-9).
20.12.1999 Merger:
As per merger agreement date 14.12.1999 did subject matter merge with and
absorb HT-Immobilien AG based, Wattwil.
Official Administration
Title Name
President Pan,
Xueping
Citizen:
China
Residential
address: Changzhou , China
joint
signature of two
Registered
since: 13.07.2016
Director Guan,
Ye
Citizen:
China
Residential
address: Stuttgart, Germany
joint
signature of two
Registered
since: 13.07.2016
Director Woon,
Clement
Citizen:
Singapore
Residential
address: Heerbrugg (Au)/SG, Switzerland
joint
signature of two
Registered
since: 13.07.2016
Management
Title Name
General Manager Wang,
Yuniang
Citizen:
Austria
Residential
address: Bülach, Switzerland
joint
signature of two
Registered
since: 15.11.2017
Member of the management Haefeli, Roman
Citizen:
Mümliswil-Ramiswil, Switzerland
Residential
address: Uerikon (Stäfa), Switzerland
joint
signature of two
Registered
since: 11.10.2013
Member of the management Koch, Andreas
Citizen:
Appenzell, Switzerland
Residential
address: Sirnach, Switzerland
joint
signature of two
Registered
since: 13.07.2016
External Positions
Title Name
Auditor PricewaterhouseCoopers
AG,
Residential
address: St. Gallen, Switzerland
Id:
CHE-364.598.872
Registered
since: 09.12.2013
Ultimate Parent Company
Name : Jiangsu Jinsheng Industry Co., Ltd.
City/Country : Jintan City/Jiangsu Province,
China/CN
Direct owner/-s
No. of owner/-s : 1
Owner : The company is domestic owned.
Name : Jiangsu Jinsheng Industry Co., Ltd.
City/Country : Jintan City/Jiangsu Province,
China/CN
Investments
It is believed that the company has no investments.
Financials
Balance sheet publication:
The subject company does not publish financial
figures.
Legal Actions
Control date Year No. Amount
CHF Status
23.12.2013 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
31.12.2009 2009 0 Legal
actions
No legal actions determined.
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
We did not
find the company included on the various international sanctions lists, such as
the OFAC (Office of Foreign Assets Control), the BIS (Bureau of Industry and
Security), the European Union Restrictive measures (sanctions) list, the Export
Control Organisation (ECO) of the UK, the Australian Department of Foreign
Affairs and Trade.
Payment experiences
No Complaints
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
considered to be good.
Payment experiences: No
Complaints
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 64.98 |
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1 |
INR 90.95 |
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Euro |
1 |
INR 79.51 |
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CHF |
1 |
INR 67.68 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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NIS |
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Report Prepared
by : |
DNS |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
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Company
background and operations size
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Promoters
/ Management background
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Payment
record
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Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.