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MIRA
INFORM REPORT
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Report No. : |
503697 |
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Report Date : |
20.04.2018 |
IDENTIFICATION DETAILS
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Name : |
AMT AG |
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Registered Office : |
Badstrasse 34, 5312 Döttingen/AG |
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Country : |
Switzerland |
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Date of Incorporation : |
1975 |
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Com. Reg. No.: |
550.0.104.200-4 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
The company is a supplier of high-tech Thermal Spray turn-key systems, core components and spare parts. The customer base of the company covers the industrial segments Aerospace, Aero, IGT, Oil & Gas, Medical, Electronics, Pulp and Paper, Automotive and general industries. |
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No. of Employees : |
10-19 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
B |
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Credit Rating |
Explanation |
Rating Comments |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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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
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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
Switzerland, a country that espouses neutrality, is a 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 gain access to the Union’s Single Market and enhance the country’s international competitiveness. Some trade protectionism remains, however, 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 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 to 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 economic instability in Russia and other eastern European economies drove up demand for the Swiss franc by investors seeking a safe-haven currency. In January 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 from 2011 through 2017.
In recent years, Switzerland has responded to increasing pressure from neighboring countries and trading partners to reform its banking secrecy laws, by agreeing 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.
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Source : CIA |
COMPANY NAME
AMT AG
Operating address
Badstrasse 34
5312 Döttingen/AG
Switzerland/CH
Telephone: +41
562459019
+41
562459010
Fax: +41
562459011
Web site: http://www.amt-ag.com
VAT-No.: CHE-105.766.788
MWST
UID-No.: CHE105766788
Profile
Established: 1975
Line of Business: Metal/steel
Industry Division: Manufacturing
Industry-code (NACE): 2561 Treatment and
coating of metals
Import/Export: Export
Banks: unknown
Operational
Figures
Coverage: Company
Figures: estimated
Financial year: 2017
Employees: 10-19
Activity
The company is a
supplier of high-tech Thermal Spray turn-key systems, core components and spare
parts. The customer base of the company covers the industrial segments
Aerospace, Aero, IGT, Oil & Gas, Medical, Electronics, Pulp and Paper,
Automotive and general industries.
Operations and
Branches:
At the address,
Badstrasse 34, 5312 Döttingen, Switzerland, we find the company's office.
Associated companies:
KHW Beschichtungstechnik
Hamsterweg 10a
D-65307 Bad
Schwalbach
Germany
Beijing Huadexing
Science & Technology Co.,Ltd.
A2-1811 Changyuan
Tiandi, No. 18
Suzhou Jie Haidian
District
Beijing P.R. China
100080
James K. Weber
Consulting LLC
Thermal Spray
Coatings & Engineering Solutions
114 North Clinton
Ave
Bay Shore, NY 11706
USA
ООО «ЦЕНТР АВТОМАТИЗАЦИИ И РОБОТИЗАЦИИ»
450076, Россия, г. Уфа, ул. Свердлова, 72/2
Russia
NYK
Youn Kyung Noh
606-302, 99
Korea
Real
Estate
Real Estate: The
company does not appear to own any property.
Company
Register
Company No: 550.0.104.200-4
UID-No.: CHE105766788
Legal form: Company
limited by shares
Registration: 07.06.2001
Legal status: active
Responsible Register: Handelsregister des Kantons Aargau
History: Date
of Statutes: 31.05.2001
Date
of Incorporation Statutes: 17.05.1975
Entry Deleted Name
active AMT
AG
removed AMT SA
Entry Deleted Legal domicile
active Döttingen,
Switzerland
removed Founex, Switzerland
Entry Deleted Address
active Badstrasse
34, 5312 Döttingen, Switzerland/CH
removed c/o Jürg Merz, Chemin du Lac, 1297 Founex/VD,
Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 300,000, paid up CHF 300,000
Entry Deleted Capital Structure
active 2,400
Registered shares of CHF 125.--
Official
Administration
Title Name
Director Merk,
Philipp
Citizen:
Zollikon, Switzerland
Residential
address: Zollikon, Switzerland
joint
signature of two
Registered
since: 04.10.2013
Management
Title Name
Member with signing authority Herber, Ralph
Citizen:
Germany
Residential
address: Bad Säckingen, Germany
joint
signature of two
Member with signing authority Schwenk, Alexander
Citizen:
Germany
Residential
address: Sarmenstorf, Switzerland
joint
signature of two
Registered
since: 17.10.2016
External
Positions
Title Name
Auditor Fluri
+ Partner Treuhand AG,
Residential
address: Baden, Switzerland
Id:
CHE-107.125.212
Registered
since: 18.11.2015
Ultimate
Parent Company
Name: Investnet
Holding AG
City/Country: Herisau/AR,
Switzerland/CH
Direct
owner/-s
No. of owner/-s: 1
Owner: The
company is domestic owned.
Class: 100%,
directly held
Name: AMT
Solutions Holding AG
City/Country: Herisau/AR,
Switzerland/CH
Interest: 100,00%
voting right, 100,00% capital interest
Investments
Class: 100%,
directly held
Name: AMT
Pte. Ltd.
City/Country: Singapore,
Singapore/SG
Interest: 100,00%
voting right, 100,00% capital interest
Class: 40-49%,
directly held
Name: Sida
International Co. Ltd.
City/Country: Nakano-Ku,
Japan/JP
Interest: 40,00%
voting right, 40,00% capital interest
Financials
Balance sheet
publication:
The subject company
does not publish financial figures.
Legal
Actions
Control date Year No. Amount CHF Status
19.09.2016 2016 0 Legal
actions
31.12.2015 2015 0 Legal
actions
31.12.2014 2014 1 97,007.-- Paid 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
31.12.2009 2009 0 Legal
actions
31.12.2008 2008 0 Legal
actions
31.12.2007 2007 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.
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 difficult to assess.
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 65.68 |
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1 |
INR 93.98 |
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Euro |
1 |
INR 81.30 |
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CHF |
1 |
INR 67.95 |
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 : |
SYL |
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
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
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.