|
|
|
MIRA INFORM REPORT
|
Report No. : |
483022 |
|
Report Date : |
11.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
ICI SUISSE SA |
|
|
|
|
Registered Office : |
Chamerstrasse
30 6300 Zug/ZG /CH |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Date of Incorporation : |
06.02.2009 |
|
|
|
|
Com. Reg. No.: |
170.3.033.129-7 |
|
|
|
|
Legal Form : |
Company
limited by shares |
|
|
|
|
Line of Business : |
The Subject
engages in the trade with raw materials needed for the Steel Industry, such as
Carbon products, Anthracite, Steam Coal and Coke. |
|
|
|
|
No. of Employees : |
1-9 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
B |
|
Credit Rating |
Explanation |
Rating Comments |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but Correct |
|
|
|
|
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
|
Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
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 and address
ICI Suisse SA
Operating
address:
Chamerstrasse 30
6300 Zug/ZG
Switzerland/CH
Web site: http://www.ici-suisse.com
E-mail: info@ici-suisse.com
WIN Worldbox No.: CH0008156294
VAT-No.: CHE-114.709.536 MWST
UID-No.: CHE114709536
Profile
Established: 2009
Line of Business: Consumer goods wholesale
Industry Division: Wholesale trade
Industry-code (NACE): 4671 Wholesale
of solid, liquid and gaseous fuels and related products
Import/Export: Import, Export
Banks: unknown
Operational Figures
Coverage: Company
Figures: estimated
Financial year: 2017
Employees: 1-9
Sales: CHF 4-6 Mio
Activity
The
company engages in the trade with raw materials needed for the Steel Industry,
such as Carbon products, Anthracite, Steam Coal and Coke. The company exports
Ukrainian Anthracite to European Countries, The Middle East and neighboring CIS
Countries.
Operations
and Branches:
At the
address, Chamerstrasse 30, 6300 Zug, Switzerland, we find office of the
company.
Ukrainian
representative office:
office
11, Business Centre “Europa Plaza”
33
Tarasa Shevchenka blvd
01032,
Kiev, Ukraine
tel.:
+380 444955461
fax:
+380 444955460
e-mail:
info@ici-suisse.com
Real Estate
Real Estate: The property at the operating address is rented.
Company Register
Company No: 170.3.033.129-7
UID-No.: CHE114709536
Legal form: Company limited by shares
Registration: 06.02.2009
Legal status: active
Responsible Register: Handelsregister des Kantons Zug
History: Date of Statutes: 20.12.2011
Date
of Incorporation Statutes: 02.02.2009
Entry Deleted Name
06.02.2009 ICI Suisse SA
06.02.2009 ICI Schweiz AG (Name translated)
06.02.2009 ICI Switzerland Inc. (Name translated)
Entry Deleted Legal domicile
06.02.2009 Zug, Switzerland
Entry Deleted Address
23.01.2017 Chamerstrasse
30, 6300 Zug/ZG, Switzerland/CH
17.07.2015 23.01.2017 Grienbachstrasse 36, 6300 Zug/ZG,
Switzerland/CH
31.10.2011 17.07.2015 Rigistrasse 10, 6300 Zug/ZG, Switzerland/CH
22.02.2011 31.10.2011 Fadenstrasse 8, 6300 Zug/ZG, Switzerland/CH
06.02.2009 22.02.2011 c/o Risk-Consult
AG, Poststrasse 22, 6300 Zug/ZG, Switzerland/CH
Entry Deleted Capital
05.01.2012 Share Capital CHF 500,000, paid up CHF 500,000
06.02.2009 05.01.2012 Share Capital CHF
200,000, paid up CHF 200,000
Entry Deleted Capital Structure
05.01.2012 5,000 Registered shares with restricted transferability
of CHF 100.--
06.02.2009 05.01.2012 2,000 Registered
shares with restricted transferability of CHF 100.--
Official Administration
Title Name
Director Kieffer, Dr. Jana
Citizen:
Bern, Switzerland
Residential
address: Herrliberg, Switzerland
single
signature
Registered
since: 31.10.2011
External Positions
Title Name
Auditor Helios Treuhand AG,
Residential
address: Liestal, Switzerland
Id:
CH-280.3.917.213-7
Registered
since: 06.02.2009
Direct owner/-s
Under Swiss
Company Law, limited companies (AG, SA, LTD.) are not required to file
information on shareholders of a company.
The
webpage of the company states "ICI SUISSE is a part of ICI Group, founded
in 1998 as a privately owned international carbon and steel raw material
trader. The Group annually sells around 500’000 tons of steel raw materials,
300’000 tons of carbon materials and sizeable volumes of slag and metals"
more information on the shareholders are not available.
Investments
It is
believed that the company has no investments.
Financials
Balance
sheet publication:
The
subject company does not publish financial figures.
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
Payment
experiences are considered to be in order.
Remarks
- There
is no telephone number registered for this company.
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: Slow but Correct
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.83 |
|
|
1 |
INR 86.28 |
|
Euro |
1 |
INR 76.13 |
|
CHF |
1 |
INR 65.01 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRI |
|
|
|
|
Report Prepared
by : |
TRU |
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.