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MIRA INFORM REPORT
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Report No. : |
483707 |
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Report Date : |
09.01.2018 |
IDENTIFICATION DETAILS
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Name : |
ROLEX
SA |
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Registered Office : |
Rue François-Dussaud 3-5-7, 1227 Les Acacias/GE, Switzerland/CH |
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Country : |
Switzerland |
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Financials (as on) : |
31.12.2016 |
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Date of Incorporation : |
1905 |
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Com. Reg. No.: |
660.0.012.920-4 |
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Legal Form : |
Company
Limited by Shares |
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Line of Business : |
The company
engages in manufacture, processing and distribution of ROLEX watches as well
as its components and accessories. The company is the largest single luxury
watch brand, producing about 2,000 watches per day. |
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No. of Employees : |
10,000-19,999 |
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++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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Status : |
Excellent |
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Payment Behaviour : |
Regular |
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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 (30.06.2017) |
Current Rating (30.09.2017) |
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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 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 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 ongoing economic instability in Russia and other eastern
European economies continue to pose a significant risk to the Swiss economy,
driving 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 2011-16.
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, and is openly considering the possibility of
imposing taxes on bank deposits held by foreigners.
|
Source
: CIA |
Company
name
ROLEX SA
Operating address
Rue
François-Dussaud 3-5-7 Postal
address:
1227 Les
Acacias/GE P.O.
Box 1755
Switzerland/CH 1211 Genève
26/GE
Switzerland/CH
Telephone: +41 223022200
Fax: +41 223002255
Web site: http://www.rolex.com
WIN
Worldbox No.: CH0000029246
VAT-No.: CHE-116.269.181 TVA
UID-No.: CHE105962823
Profile
Established: 1905
History: 1905: Established
from Hans Wilsdorf
Line of
Business: Watch technology,
Consumer goods wholesale, Personal services
Industry
Division: Manufacturing,
Wholesale trade, Services
Industry-code
(NACE): 2652 Manufacture of watches and clocks
4648 Wholesale of watches and jewellery
9525 Repair of watches, clocks and jewellery
Import/Export: Export
Banks: unknown
Organisation
level: Ultimate Parent
Operational Figures
Coverage: Group
Employees: 10,000-19,999
Sales: CHF 4-6 Bil
Activity
The company
engages in manufacture, processing and distribution of ROLEX watches as well as
its components and accessories. The company is the largest single luxury watch
brand, producing about 2,000 watches per day.
Operations
and Branches:
At the
address, rue François-Dussaud 3-5-7, 1227 Les Acacias, Switzerland, we find the
company's head office.
Real Estate
Real
Estate: It is understood that the
company owns certain property.
Company Register
Company No: 660.0.012.920-4
UID-No.: CHE105962823
Legal form: Company Limited by Shares
Registration: 17.02.1920
Legal status: active
Responsible
Register: Registre du commerce du canton
de Genève
History: Date of Statutes: 07.09.1981
Date of Statutes: 15.04.2002
Date of Statutes: 25.06.1997
Entry Deleted Name
18.04.2002 ROLEX SA
28.07.1997 Montres Rolex SA
28.07.1997 Rolex Uhren AG (Name translated)
28.07.1997 Rolex
Watch Co Ltd (Name translated)
28.07.1997 18.04.2002 Montres Rolex SA
Entry Deleted Legal
domicile
active Genève, Switzerland
Entry Deleted Address
06.06.1996 Rue François-Dussaud 3-5-7,
1200 Genève/GE, Switzerland/CH
06.06.1996 Rue François-Dussaud 5, 1200 Genève/GE, Switzerland/CH
Entry Deleted Capital
28.07.1997 Share Capital CHF 3,000,000,
paid up CHF 3,000,000
Entry Deleted Capital
Structure
28.07.1997 6,000 Registered shares with
restricted transferability of CHF 500.--
Official Administration
Title Name
President Gros, Bertrand
Citizen: Lancy, Switzerland
Residential address: Cologny,
Switzerland
joint signature of two
Vice-President Brünschwig , Nicolas
Citizen: Genève, Switzerland
Residential address: Vandoeuvres,
Switzerland
joint signature of two
Registered since: 18.01.2016
Director Berner , Christian
Citizen: Zurich, Switzerland
Residential address: Zurich, Switzerland
joint signature of two
Registered since: 19.09.2016
Director Marini, Gian Riccardo
Citizen: Italy
Residential address: Milan, Italy
joint signature of two
Registered since: 18.01.2016
Director Riboud , Franck
Citizen: France
Residential address: Paris, France
joint signature of two
Registered since: 08.12.2010
Director Treves , Daniel
Citizen: Coppet, Switzerland
Residential address: 1296 Coppet/VD,
Switzerland
joint signature of two
Registered since: 08.09.2009
Director Turrettini, Henri
Citizen: Genève, Switzerland
Residential address: Vandoeuvres,
Switzerland
joint signature of two
Registered since: 05.09.2006
Management
Title Name
General
Director Dufour , Jean-Frédéric
Citizen: Genève, Switzerland
Residential address: Collonge-Bellerive,
Switzerland
joint signature of two
Registered since: 11.06.2015
Director Baur, Jacques
Citizen: Sarmenstorf, Switzerland
Residential address: 1272
Genolier/VD, Switzerland
joint signature of two
Director Boetsch, Arnaud
Citizen: Herzogenbuchsee,
Switzerland
Residential address: 1253
Vandoeuvres/GE, Switzerland
joint signature of two
Registered since: 14.04.2005
Director Decosterd, Carole
Citizen: Pully, Switzerland
Residential address: Pully,
Switzerland
joint signature of two
Registered since: 29.03.2001
Director Gurtler, Philippe
Citizen: Vernier, Switzerland
Residential address: Onex,
Switzerland
joint signature of two
Registered since: 19.09.2014
Director Jochaud du Plessix, Hubert
Citizen: Mies, Switzerland
Residential address: 1295 Mies/VD, Switzerland
joint signature of two
Director Notari, Stefano
Citizen: Italy
Residential address: Genève,
Switzerland
joint signature of two
Registered since: 30.10.2015
Director O'Rourke, Gérard
Citizen: Genève, Switzerland
Residential address: 1293
Bellevue/GE, Switzerland
joint signature of two
Registered since: 08.02.1999
Director Rolli, Rafael
Citizen: Uetendorf, Switzerland
Residential address: 1295 Tannay/VD,
Switzerland
joint signature of two
Registered since: 22.04.2010
Director Thomson, Catherine
Citizen: France
Residential address: Lancy,
Switzerland
joint signature of two
Registered since: 29.03.2001
Deputy
Director Bentele, Philippe
Citizen: Saint-Gall, Switzerland
Residential address: Lancy, Switzerland
joint signature of two
Registered since: 12.11.2002
Deputy
Director Calvani, Maria
Citizen: Cologny, Switzerland
Residential address: 1223
Cologny/GE, Switzerland
joint signature of two
Registered since: 29.03.2001
Deputy
Director De Pesters, Charles-Antoine
Citizen: Netherlands
Residential address: Cologny,
Switzerland
joint signature of two
Registered since: 29.03.2001
Deputy
Director Delanney, Laurent
Citizen: France
Residential address: Genève,
Switzerland
joint signature of two
Registered since: 30.10.2015
Deputy
Director DuPasquier, Yann
Citizen: Fleurier, Switzerland
Residential address: 1227 Carouge
/GE, Switzerland
joint signature of two
Registered since: 29.03.2001
Deputy
Director Fenner, Eric
Citizen: Brüttelen, Switzerland
Residential address: Bonne, France
joint signature of two
Deputy
Director Irvin, Rebecca
Citizen: Elgg, Switzerland
Residential address:
Chêne-Bourgeries, Switzerland
joint signature of two
Registered since: 12.02.1998
Deputy
Director Jacquemyns, Yvan
Citizen: Menzingen, Switzerland
Residential address: Genève,
Switzerland
joint signature of two
Registered since: 28.04.2006
Deputy
Director Paschoud, François
Citizen: Lutry, Switzerland
Residential address: 1174 Montherod /VD,
Switzerland
joint signature of two
Registered since: 26.03.2003
Deputy
Director Reuse, Xavier
Citizen: Saxon, Switzerland
Residential address: Coppet,
Switzerland
joint signature of two
Registered since: 23.03.2004
Vice-Director Aeschlimann , Joël
Citizen: La Heutte, Switzerland
Residential address: Plan-les-Ouates
, Switzerland
joint signature of two
Registered since: 19.06.2009
Vice-Director Alpiger , Robert
Citizen: Alt St.Johann, Switzerland
Residential address: 1278 La
Rippe/VD, Switzerland
joint signature of two
Registered since: 08.09.2009
Vice-Director Arpino, Ludiwine
Citizen: France
Residential address: Echenevex,
France
joint signature of two
Registered since: 28.04.2006
Vice-Director Bauder , François
Citizen: Biel/Bienne, Switzerland
Residential address: Founex,
Switzerland
joint signature of two
Registered since: 25.03.2015
Vice-Director Bezençon, Christian
Citizen: Eclagnens, Switzerland
Residential address: 1092
Belmont-sur-Lausanne/VD, Switzerland
joint signature of two
Registered since: 05.04.2007
Vice-Director Bianchin , Damien
Citizen: Brenets, Switzerland
Residential address: Morges,
Switzerland
joint signature of two
Registered since: 25.03.2015
Vice-Director Boex, Joël
Citizen: France
Residential address: Arenthon,
France
joint signature of two
Registered since: 12.11.2002
Vice-Director Bonard, Jean-Marc
Citizen: Romainmôtier-Envy,
Switzerland
Residential address: Lausanne,
Switzerland
joint signature of two
Registered since: 08.09.2009
Vice-Director Bourban , Philippe
Citizen: Nendaz, Switzerland
Residential address: Basse-Nenadz,
Switzerland
joint signature of two
Registered since: 28.04.2006
Vice-Director Braun, Xavier
Citizen: France
Residential address: Marcellaz, France
joint signature of two
Registered since: 30.09.2011
Vice-Director Buffet, Stéphane
Citizen: Oberehrendingen,
Switzerland
Residential address: 1242 Satigny
/GE, Switzerland
joint signature of two
Registered since: 12.11.2002
Vice-Director Carrera, José
Citizen: Gränichen, Switzerland
Residential address: Bernex,
Switzerland
joint signature of two
Registered since: 12.11.2002
Vice-Director Chevailler, Virginie
Citizen: Saint-Sulpice (NE),
Switzerland
Residential address: Lausanne, Switzerland
joint signature of two
Registered since: 19.06.2009
Vice-Director Currat, Christophe
Citizen: Fribourg, Switzerland
Residential address:
Collonges-sous-Salève, France
joint signature of two
Registered since: 22.04.1998
Vice-Director Davoli , Marius
Citizen: Orsières, Switzerland
Residential address: Geneve,
Switzerland
joint signature of two
Registered since: 12.11.2002
Vice-Director de Pesters, Charles-Antoine
Citizen: Netherlands
Residential address: 1223 Cologny
/GE, Switzerland
joint signature of two
Registered since: 29.03.2001
Vice-Director Delay , Thierry
Citizen: Provence, Switzerland
Residential address: Vaumarcus,
Switzerland
joint signature of two
Registered since: 23.03.2004
Vice-Director Dubach , Roland
Citizen: La
Tour-de-Peilz, Switzerland
Residential address: Viuz-en-Sallaz, France
joint signature of two
Registered since: 23.03.2004
Vice-Director Dupas , Emmanuel
Citizen: France
Residential address: Chapelle
(Glâne), Switzerland
joint signature of two
Registered since: 19.06.2009
Vice-Director Ecuyer , Jean-Luc
Citizen: Envy, Switzerland
Residential address: Avusy,
Switzerland
joint signature of two
Registered since: 05.04.2007
Vice-Director Falletti, Benoît
Citizen: Hohenrain, Switzerland
Residential address: Lisbonne,
Portugal
joint signature of two
Registered since: 29.03.2001
Vice-Director Henry , Emmanuel
Citizen: Vullierens, Switzerland
Residential address: Genève,
Switzerland
joint signature of two
Registered since: 25.03.2015
Vice-Director Heyworth, Jérôme
Citizen: France
Residential address: Lancy,
Switzerland
joint signature of two
Registered since: 14.04.2005
Vice-Director Joly, Alain
Citizen: France
Residential address:
Allonzier-la-Caille, France
joint signature of two
Registered since: 26.03.2003
Vice-Director Mandelbaum, Philip
Citizen: Pully, Switzerland
Residential address: Epalinges,
Switzerland
joint signature of two
Registered since: 08.02.1999
Vice-Director Marchand , Patrick
Citizen: Lausanne, Switzerland
Residential address: 1000
Lausanne/VD, Switzerland
joint signature of two
Registered since: 09.03.2011
Vice-Director Menasche, Jean-Christophe
Citizen: Vex, Switzerland
Residential address: Gilly,
Switzerland
joint signature of two
Registered since: 28.02.2014
Vice-Director Morganti , Massimiliano
Citizen: Onex, Switzerland
Residential address: Lancy,
Switzerland
joint signature of two
Registered since: 13.11.2006
Vice-Director O'Rourke, Catherine
Citizen: Walzenhausen, Switzerland
Residential address: 1293
Bellevue/GE, Switzerland
joint signature of two
Registered since: 12.02.1998
Vice-Director Ourny, Roland
Citizen: Bois, Switzerland
Residential address: Lancy,
Switzerland
joint signature of two
Registered since: 26.03.2003
Vice-Director Panetti , Silverio
Citizen: Cologny, Switzerland
Residential address: Genève,
Switzerland
joint signature of two
Registered since: 13.03.2017
Vice-Director Pasquier, Jean-Pierre
Citizen: Genève, Switzerland
Residential address: Onex,
Switzerland
joint signature of two
Registered since: 26.03.2003
Vice-Director Penet, Thierry
Citizen: France
Residential address: Annecy, France
joint signature of two
Registered since: 12.11.2002
Vice-Director Saleres, Christophe
Citizen: France
Residential address:
Saint-Jeoire-en-Faucigny, France
joint signature of two
Registered since: 22.04.2010
Vice-Director Schertenleib, Raymond
Citizen: Heimiswil, Switzerland
Residential address:
Menthon-St-Bernard, France
joint signature of two
Vice-Director Schirinzi, Vincent
Citizen: Genève, Switzerland
Residential address: Chéserex,
Switzerland
joint signature of two
Registered since: 05.04.2007
Vice-Director Schmidt , Marc
Citizen: Genève, Switzerland
Residential address: Nyon,
Switzerland
joint signature of two
Registered since: 13.03.2017
Vice-Director Strong Douchet, Kathryn
Citizen: United Kingdom
Residential address: Aubonne,
Switzerland
joint signature of two
Registered since: 19.06.2009
Vice-Director Thurler , Jann
Citizen: Jaun, Switzerland
Residential address: Chigny,
Switzerland
joint signature of two
Registered since: 19.06.2009
Vice-Director Valceschini , Sergio
Citizen: Yverdon-les-Bains,
Switzerland
Residential address: Begnins,
Switzerland
joint signature of two
Registered since: 12.11.2002
Vice-Director Yenny, Laurent
Citizen: Hauteville, Switzerland
Residential address: Genève,
Switzerland
joint signature of two
Registered since: 07.01.1997
Member with
procuration Suarez, Susana
Citizen: Genève, Switzerland
Residential address:
Collonge-Bellerive, Switzerland
joint power of attorney of two
Registered since: 21.03.2013
External Positions
Title Name
Auditor PricewaterhouseCoopers SA,
Residential address: Genève,
Switzerland
Registered since: 01.09.1999
Executive board
Title Name
Chief
Executive Officer Dufour , Jean-Frédéric
Direct owner/-s
No. of
owner/-s: 2
Owner: The company is domestic owned.
Class: 50-100%, directly held
Name: Fondation Hans Wilsdorf
City/Country: Carouge GE/GE, Switzerland/CH
Interest: 95,00% voting right, 95,00% capital
interest
Class: 0-9%, directly held
Name: Rolex Holding SA
City/Country: Les Acacias/GE, Switzerland/CH
Interest: 5,00% voting right, 5,00% capital
interest
Investments
Class: 100%, directly held
Name: DONIAR SA
City/Country: Biel/Bienne/BE, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Dynafer S.A.
City/Country: La Chaux-de-Fonds/NE, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: La Pierrette S.A.
City/Country: Le Brassus/VD, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Mamic Pero VL
City/Country: Zagreb, Croatia/HR
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Manufacture des Montres Rolex S.A.
City/Country: Biel/Bienne/BE, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Relogios Rolex Ltda
City/Country: Sao Paulo, Brazil/BR
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Rolex Argentina SAI
City/Country: Buenos Aires, Argentina/AR
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: ROLEX AUSTRALIA PTY LTD
City/Country: Melbourne/Victoria, Australia/AU
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, indirectly held
Name: Rolex (Beijing) Limited
City/Country: Beijing, China/CN
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Rolex Benelux SA
City/Country: Bruxelles 1, Belgium/BE
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Rolex Canada Ltd
City/Country: Toronto/Ontario, Canada/CA
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, indirectly held
Name: Rolex Centre Ltd
City/Country: Taipei, Taiwan/TW
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: ROLEX CENTRE PHIL. LIMITED
City/Country: MAKATI CITY, Philippines/PH
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: ROLEX DE MEXICO SA DE CV
City/Country: MIGUEL HIDALGO, Mexico/MX
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Rolex de Venezuela CA
City/Country: Caracas, Venezuela/VE
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Rolex Deutschland GmbH
City/Country: Köln, Germany/DE
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Rolex Espana SA
City/Country: Madrid, Spain/ES
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Rolex France SA
City/Country: Paris, France/FR
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, indirectly held
Name: Rolex (Guangzhou) Limited
City/Country: Guangzhou, China/CN
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Rolex Hellas SA
City/Country: Athens, Greece/GR
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: ROLEX (HONGKONG) LIMITED
City/Country: Central, Hong Kong/HK
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Rolex Italia SpA
City/Country: Milano, Italy/IT
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Rolex (Japan) Limited
City/Country: Tokyo, Japan/JP
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Rolex Korea Ltd
City/Country: Seoul, South Korea/KR
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Rolex (Portugal) Relogios Lda
City/Country: Lissabon, Portugal/PT
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Rolex S.A.B. (Thailand) Ltd
City/Country: Bangkok, Thailand/TH
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, indirectly held
Name: Rolex (Shanghai) Limited
City/Country: Shanghai, China/CN
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Rolex Singapore Private Ltd
City/Country: Singapore, Singapore/SG
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: ROLEX WATCH COMPANY PRIVATE LIMITED
City/Country: Mumbai/Maharashtra, India/IN
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Rolex Watch Company (South Africa) Pty Ltd
City/Country: Sandton, South Africa/ZA
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Rolex Watch USA Inc
City/Country: New York, United States of America/US
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Swiss Service Kft
City/Country: Budapest, Hungary/HU
Interest: 100,00% voting right, 100,00% capital
interest
Class: 100%, directly held
Name: The Rolex Watch Company Limited
City/Country: London, United Kingdom/GB
Interest: 100,00% voting right, 100,00%
capital interest
Class: 50%, directly held
Name: Rolex Promotions SA
City/Country: Les Acacias/GE, Switzerland/CH
Interest: 50,00% voting right, 50,00% capital
interest
Class: 0-9%, directly held
Name: CSEM Centre Suisse d'Electronique et de
Microtechnique SA - Recherche et Développement
City/Country: Neuchâtel/NE, Switzerland/CH
Interest: 6,00% voting right, 6,00% capital
interest
Sisters
Name: Rolex Holding SA
City/Country: Les Acacias/GE, Switzerland/CH
Financial Data ROLEX SA
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 31.12.2016 31.12.2015 31.12.2014 31.12.2013 31.12.2012
Number of months: 12 12 12 12 12
Currency: mil.
CHF mil. CHF mil. CHF mil. CHF mil.
CHF
Remarks: about about about about
Operating revenue 4,900.0 4,950.0 4,800.0 4,600.0 5,000.0
Capital 3.0 3.0 3.0 3.0 3.0
Employees at
year end 10,000 10,000 9,800 9,600 7,500
Legal Actions
Control date Year No. Amount CHF Status
02.10.2015 2015 1 456.-- Legal actions
31.12.2014 2014 0 Legal
actions
31.12.2013 2013 0 Legal
actions
31.12.2012 2012 0 Legal
actions
31.12.2011 2011 1 521,279.-- 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
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
There are
irregularities on record.
Debt collection
case:
DEC 2017:
CHF 1'554.00, in process.
FEB 2013:
CHF 1'882.00, in process.
NOV 2012:
CHF 178.00, paid.
Remarks
- The VAT
number - CHE-116.269.181 MWST - is the Group VAT number.
Credit Information
Financial
Situation: The financial situation
is good.
Payment
experiences: Financial obligations are
paid promptly.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.35 |
|
|
1 |
INR 85.89 |
|
Euro |
1 |
INR 76.15 |
|
CHF |
1 |
INR 64.94 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIS |
|
|
|
|
Report Prepared
by : |
TPT |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with moderate
risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on secured
terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
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.