MIRA INFORM REPORT

 

 

 

Report Date :

8th June 2006

 

IDENTIFICATION DETAILS

 

Name :

LANG SYSTEMTECHNIK GMBH

 

 

Registered Office :

Kinzelmannstr. 6, 88348 Bad Saulgau, Germany

 

 

Country :

Germany

 

 

Date of Incorporation :

2002

 

 

Com. Reg. No.:

HRB 806-S

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacturing of machinery for the production and use of mechanical power, excluding aircraft, vehicle and cycle eng.

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Small Company

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear


NAME & ADDRESS

 

Lang Systemtechnik GmbH

Kinzelmannstr. 6

88348 Bad Saulgau

Telephone: 07581 / 50920

 

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

2002

 

 

Shareholders’ agreement

 

12.04.2002

 

 

Registered on

 

09.11.2004

 

 

Commercial Register

 

Local court 88212 RAVENSBURG

Under:               HRB 806-S

 

 

Share capital

 

EUR            250.000,00

 

 

Shareholder

 

Ulrich Lang

88348 Bad Saulgau

born 12.11.1960

Share:             EUR            250.000,00

 

 

Manager

 

Ulrich Lang

88348 Bad Saulgau

Having sole power of representation born 12.11.1960

Occupation: mechanical engineer educated to degree level

 

 

 

Further functions/participations of Ulrich Lang (Manager)

Shareholder:

Finsterle Systemtechnik GmbH

Furth 1

88263 Horgenzell

Legal form: Private limited company in

liquidation

Share capital:    EUR             25.000,00

Share:               EUR             12.500,00

Reg. Data:  11.05.1999

HRB 2038

88212 RAVENSBURG


NAME

 

Lang Systemtechnik GmbH

 

 

ADDRESS

 

Kinzelmannstr. 6

88348 Bad Saulgau

Telephone: 07581 / 50920

 

 

CONCLUSION

 

The maximum credit is EUR 6.000,00.

 

Business relations are permissible.

 

 

LEGAL FORM

 

Private limited company

 

 

Date of foundation

 

 2002

 

 

Shareholders' agreement

 

12.04.2002

 

 

Registered on

 

09.11.2004

 

 

Commercial Register

 

Local court 88212 RAVENSBURG

 

 

Under

 

HRB 806-S

 

 

Share capital

 

EUR             25.000,00

 

 

Shareholder

 

Ulrich Lang

Schenkenstr. 38

88213 Ravensburg

born 12.11.1960

Share:             EUR             25.000,00

 

 

Manager

 

Ulrich Lang

Schenkenstr. 38

88213 Ravensburg

having sole power of representation

born 12.11.1960

Occupation: mechanical engineer educated to degree level

 

 

Further functions/participations of Ulrich Lang (Manager)

 

Shareholder

Finsterle Systemtechnik GmbH

Furth 1

88263 Horgenzell

Legal form: Private limited company in liquidation

Share capital:     EUR             25.000,00

Share:                EUR             12.500,00

Reg. Data:  11.05.1999

HRB 2038

88212 RAVENSBURG

 

 

BUSINESS HISTORY

 

02.07.2002

Lang Systemtechnik GmbH

 

Franz-Joachim-Beich-Str. 52

 

88213 Ravensburg

 

Private limited company

 

 

 

 

BUSINESS ACTIVITIES

 

291

MANU. OF MACHINERY FOR THE PROD AD USE OF MECH. POWER, EXC.AIRCRAFT, VEHICLE AD CYCLE ENG

 

 

FINANCIAL INFORMATION

 

Payment experience

within agreed terms

 

 

REAL ESTATE

 

Type of ownership

Tenant

Address

Kinzelmannstr. 6

 

88348 Bad Saulgau

 

Land register documents were not available.

 

 

BANKERS

 

POSTBANK, STUTTGART

Sort. code: 60010070

 

 

FIGURES

 

Financial year

01.01.2004 - 31.12.2004

Turnover

2003               EUR            435.000,00

 

2004               EUR            477.000,00

Share capital

                       EUR              25.000,00

Employees

3

Branch number

291

 

Approximate figures are given.

 


 

RATING EXPLANATIONS

 

 

RATING

STATUS

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

 

 

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