MIPL-Logo

3decades

 

MIRA INFORM REPORT

 

 

Report No. :

487090

Report Date :

19.01.2018

 

IDENTIFICATION DETAILS

 

Name :

BERTRAMS CHEMIEANLAGEN AG

 

 

Registered Office :

Eptingerstrasse 41 4132 Muttenz/BL

 

 

Country :

Switzerland

 

 

Date of Incorporation :

18.10.1999

 

 

Com. Reg. No.:

280.3.002.802-4

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

Subject engaged in development and realization of plants for the chlor-alkali industry to concentrate and/or solidify alkalis; H2SO4 recycling systems for the reconcentration, purification and recovery of sulfuricacid; wet oxidation units for the treatment of wastewaters that are not readily biodegradable.

 

 

No. of Employees :

80

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

A

 

Credit Rating

Explanation

Rating Comments

A

Acceptable Risk

Business dealings permissible with moderate risk of default

 

Status :

Satisfactory

 

 

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

 

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 60% of its exports and for more than 90% of its 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 49% of revenue; income tax accounts for 27% and a valued added tax for 19% of revenues. Swaziland is 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. 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.

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 soft drink concentrate are the largest foreign exchange earners. 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.

The IMF forecasted that Swaziland’s economy will grow at a slower pace in 2017 because of a region-wide drought, which is likely to hurt Swaziland’s revenue from sugar exports and other agricultural products; tourism and transport sectors will also decline. Overgrazing, soil depletion, drought, and floods are persistent problems. Swaziland’s revenue from SACU receipts also are projected to decline in 2017, making it harder for the government to maintain fiscal balance.

 

 

Source : CIA

 


Company name and address

 

BERTRAMS CHEMIEANLAGEN AG

 

Operating Address:

Eptingerstrasse 41

4132 Muttenz/BL

Switzerland/CH

 

Telephone:                   +41 614675353

Fax:                             +41 614675354

 

Web site:                      http://www.bertrams.ch

E-mail:                         info@bertrams.ch

 

WIN Worldbox No.:       CH0003751201

VAT-No.:                      CHE-105.258.492 MWST

UID-No.:                       CHE105258492

 

 

Profile

 

Established:                 1999

Line of Business:          Engineering/Architecture, Machinery

Industry Division:          Services, Manufacturing

Industry-code (NACE):  7112       Engineering activities and related technical consultancy

                                    2829       Manufacture of other general-purpose machinery n.e.c.

Import/Export:              Export

Quality certification:      ISO 9001:2008

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                    Company

Figures:                        Estimated

Financial Year:              2017

Employees:                  80

Sales:                          CHF 80-100 Mio

 

 


Activity

 

The business activities includes the development and realization of plants for the chlor-alkali industry to concentrate and/or solidify alkalis; H2SO4 recycling systems for the reconcentration, purification and recovery of sulfuricacid; wet oxidation units for the treatment of wastewaters that are not readily biodegradable.

 

The company has sales offices in India and China, as well as numerous state agencies around the world.

 

Operations and Branches:

At the address, Eptingerstrasse 41, 4132 Muttenz, Switzerland, we find office of the company.

 

 

Real Estate

 

Real Estate:                  It is understood that the company owns certain property.

 

 

Company Register

 

Company No:               280.3.002.802-4

UID-No.:                       CHE105258492

Legal form:                   Company limited by shares

Registration:                 18.10.1999

Legal status:                 active

Responsible Register:   Handelsregister des Kantons Basel-Landschaft

History:                        Date of Statutes: 12.05.2015

                                    Date of Statutes: 15.03.2002

                                    Date of Statutes: 20.03.2000

                                    Date of Statutes: 03.01.2000

                                    Date of Incorporation Statutes: 14.10.1999

 

Entry          Deleted      Name

18.10.1999                    Bertrams Chemieanlagen AG

18.10.1999                    Bertrams Chemical Plants Ltd (Name translated)

 

Entry          Deleted      Legal domicile

18.10.1999                    Muttenz, Switzerland

 

Entry          Deleted      Address

18.10.1999                    Eptingerstrasse 41, 4132 Muttenz/BL, Switzerland/CH

 

Entry          Deleted      Capital

22.03.2000                    Share Capital CHF 1,250,000, paidup CHF 1,250,000

 

Entry          Deleted      Capital Structure

22.03.2000                    1,250 Registered shares of CHF 1,000.—

 

 

Official Administration

 

Title                                           Name

Director                                      Goth, Axel

                                                  Citizen: Germany

                                                  Residential address: Lörrach , Germany

                                                  joint signature of two

                                                  Registered since: 05.01.2000

Director                                      Guttmann, Alain

                                                  Citizen: Lausanne, Switzerland

                                                  Residential address: Vufflens-le-Château, Switzerland

                                                  joint signature of two

                                                  Registered since: 23.07.2015

Director                                      Herzog, Andreas

                                                  Citizen: Winterthur, Switzerland

                                                  Residential address: Uetikon am See, Switzerland

                                                  joint signature of two

                                                  Registered since: 23.07.2015

Director                                      Matthys, Herbert

                                                  Citizen: Zürich, Switzerland

                                                  Residential address: Riehen, Switzerland

                                                  joint signature of two

                                                  Registered since: 05.07.2016

Director                                      Wirth, Dr. Victor

                                                  Citizen: Unterstammheim, Switzerland

                                                  Residential address: 4103 Bottmingen, Switzerland

                                                  joint signature of two

                                                  Registered since: 22.03.2000

 

 

Management

 

Title                                           Name

Member with signing authority      Hostettler, Max

                                                  Citizen: Guggisberg, Switzerland

                                                  Residential address: 4654 Lostorf, Switzerland

                                                  joint signature of two

                                                  Registered since: 18.04.2006

Member with signing authority      Neuschütz, Dieter

                                                  Citizen: Oberuzwil, Switzerland

                                                  Residential address: Muttenz, Switzerland

                                                  joint signature of two

                                                  Registered since: 08.06.2017

Member with signing authority      Stäger, Marlise

                                                  Citizen: Lauterbrunnen, Switzerland

                                                  Residential address: Flüelen, Switzerland

                                                  joint signature of two

                                                  Registered since: 27.11.2008

Member with signing authority      Teil, Valérie

                                                  Citizen: France

                                                  Residential address: Mulhouse , Switzerland

                                                  joint signature of two

                                                  Registered since: 10.12.2015

 

 

External Positions

 

Title                                           Name

Auditor                                       KPMG AG,

                                                  Residential address: Basel, Switzerland

                                                  Id: CHE-154.017.048

                                                  Registered since: 27.09.2016

 

 

Executive board

 

Title                                           Name

Chief Executive Officer               Goth, Axel (axel.goth@bertrams.ch)

Chief Technical Officer                Hostettler, Max (max.hostettler@bertrams.ch)

Chief Human Resources Officer, Chief Administration Officer    Stäger, Marlise (marlise.staeger@bertrams.ch)

 

 

Ultimate Parent Company

 

Name:                          BCA Holding AG

City/Country:                Muttenz/BL, Switzerland/CH

 

 

Direct owner/-s

 

No. of owner/-s:            1

Owner:                         The company is domestic owned.

 

Class:                          100%, directly held

Name:                          BCA Holding AG

City/Country:                Muttenz/BL, Switzerland/CH

Interest:                        100,00% voting right, 100,00% capital interest (since 23.12.1999)

 

Investments

 

Class:                          100%, directly held

Name:                          Bertrams Chemical Plants (China) Co., Ltd.

City/Country:                Beijing/Chaoyang District, China/CN

Interest:                        100,00% voting right, 100,00% capital interest

 

 

Financials

 

Balance sheet publication:                

The subject company does not publish balance sheet or turnover figures.

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

11.02.2016          2016                           0                                      Legal actions

31.12.2015          2015                           0                                      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                           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

31.12.2006          2006                           0                                      Legal actions

31.12.2005          2005                           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.

 

 

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 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.

 

 

Credit Information

 

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 63.84

UK Pound

1

INR 88.28

Euro

1

INR 77.88

CHF

1

INR 66.61

 

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)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.