MIRA
INFORM REPORT
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Report Date : |
1st June 2006 |
IDENTIFICATION
DETAILS
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Name : |
BECK ELECTRICAL INSULATION GMBH |
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Registered Office : |
Großmannstr. 105, 20539 Hamburg, Germany |
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Country : |
Germany |
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Date of Incorporation : |
14.10.1997 |
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Com. Reg. No.: |
HRB 66822 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacture of Insulated Wires and Cables. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
name
Beck Electrical Insulation GmbH
Großmannstr. 105
20539 Hamburg
Telephone: 040/789460
Telefax: 040/78946276
LEGAL FORM
Private limited company
Date of foundation
14.10.1997
Shareholders' agreement
14.10.1997
Registered on
10.03.1998
Commercial Register
Local court 20355 HAMBURG 36
under
HRB 66822
Share capital
EUR 5.000.000,00
Shareholder
ALTANA Electrical Insulation GmbH
Abelstr. 45
46483 Wesel
Legal form: Private limited company
Share capital: EUR 7.200.000,00
Share: EUR 5.000.000,00
Reg. Data: 15.12.1972
HRB 11575
47051 DUISBURG 1
Control and profit transfer agreement
Manager
Wolfgang Schütt
85354 Freising
authorized to jointly represent the company
born 22.12.1964
Occupation: Businessman
Manager
Dr. Ulrich Häring
41515 Grevenbroich
having sole power of representation
born 09.04.1954
Occupation: Businessman
Proxy
Rainer Stockhause
Küsterkamp 10
21483 Gülzow
Proxy
Dr. Heinz Schwab
32545 Bad Oeynhausen
authorized to jointly represent the company
born 16.11.1953
Proxy
Norbert Rudat
47051 Duisburg
authorized to jointly represent the company
born 31.10.1952
Proxy
Burkhard Gabius
Am Heesenhof 2
46509 Xanten
authorized to jointly represent the company
born 30.01.1950
Marital status: married
Proxy
Kai Neumann
20095 Hamburg
born 02.09.1962
Proxy
Klaus-Wilhelm Lienert
20539 Hamburg
Further functions/participations of Wolfgang Schütt (Manager)
Manager:
ALTANA Electrical Insulation GmbH
Abelstr. 45
46483 Wesel
Legal form: Private limited company
Share capital: EUR 7.200.000,00
Reg. Data: 15.12.1972
HRB 11575
47051 DUISBURG 1
NAME
Beck
Electrical Insulation GmbH
ADDRESS
Großmannstr.
105
20539
Hamburg
Telephone : 040/789460
Telefax : 040/78946276
CONCLUSION
Business
relations are permissible.
The
company is considered solvent for credits within its scope of business.
LEGAL FORM
Private
limited company
Date of foundation
14.10.1997
Shareholders' agreement
14.10.1997
Registered on
10.03.1998
Commercial Register
Local
court 20355 HAMBURG 36
Under
HRB 66822
Share capital
EUR 5.000.000,00
Shareholder
ALTANA
Electrical Insulation GmbH
Abelstr.
45
46483
Wesel
Legal
form: Private limited company
Share
capital: EUR 7.200.000,00
Share: EUR 5.000.000,00
Reg.
Data: 15.12.1972
HRB 11575
47051 DUISBURG
1
Turnover: EUR 291.000.000,00
Employees: 864
Control
and profit transfer agreement
Manager
Dr. Ulrich
Häring
41515
Grevenbroich
having
sole power of representation
born
09.04.1954
Occupation:
Businessman
Proxy
Norbert
Rudat
47051
Duisburg
authorized
to jointly represent the company
born
31.10.1952
BUSINESS HISTORY
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14.10.1997 |
Schenectady
International GmbH |
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Bethmannstr.
50-54 |
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60311
Frankfurt |
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Private
limited company |
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23.10.1998 |
Schenectady
Europe GmbH |
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Großmannstr.
105 |
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20539
Hamburg |
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Private
limited company |
BUSINESS ACTIVITIES
31300
MANUFACTURE
OF INSULATED WIRES AND CABLES
PARTICIPATION
Shareholder
Chemtec
Leuna Gesellschaft für Chemie und Technologie mbH
Am
Haupttor 4208
Post Box:
1111
06237
Leuna
Legal
form: Private limited company
Share
capital: EUR 255.645,94
Share: EUR 255.645,94
Reg.
Data: 21.12.1994
HRB 8825
06112
HALLE
Turnover: EUR 11.567.978,00
Employees: 78
FINANCIAL INFORMATION
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Payment
experience |
within
agreed terms |
REAL ESTATE
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Type
of ownership |
proprietor |
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Share |
100,00 % |
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Address |
Großmannstr.
105 |
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20539
Hamburg |
Land
register documents were not available.
BANKERS
DEUTSCHE BANK,
HAMBURG
Sort.
code: 20070000
FIGURES
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Financial
year |
01.01.2004
- 31.12.2004 |
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Turnover |
2002 EUR 25.000.000,00 |
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2003 EUR 25.000.000,00 |
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2004 EUR 28.000.000,00 |
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Expected
turnover |
2005 EUR 32.000.000,00 |
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Share
capital |
EUR 5.000.000,00 |
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Employees |
117 |
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Trainees |
2 |
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Branch
number |
31300 |
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Control
and profit transfer agreement with: |
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ALTANA
Electrical Insulation GmbH |
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46483
Wesel |
Approximate
figures are given.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No
caution needed for credit transaction. It has above average (strong)
capability for payment of interest and principal sums |
Large |
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56-70 |
A |
Financial & operational base are
regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of
interest and principal sums in default or expected to be in default upon
maturity |
Limited with full security |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |