MIRA INFORM REPORT

 

 

Report Date :

13th June, 2006.

 

IDENTIFICATION DETAILS

 

Name :

BIESTERFELD SPEZIAL CHEMIE GMBH

 

 

Registered Office :

Ferdinandstr. 41, 20095 Hamburg

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2005

 

 

Date of Incorporation :

25.03.1998

 

 

Legal Form :

Private limited company

 

 

Line of Business :

Wholesale Trade In Chemical Technical Products

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


 

 

 

 

 

Company name & address

 

Biesterfeld Spezialchemie GmbH

Ferdinandstr. 41

20095 Hamburg

Telephone         : 040/320080

Telefax              : 040/32008443

Homepage         : www.spezialchemie.de

E-Mail               : spezialchemie@biestefeld.com

 

 

 VAT no.           :DE 196 930 661

 Tax ID numbe   :25/313/00748

 

 

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

 

05.03.1998

 

 

Shareholders' agreement

 

05.03.1998

 

 

Registered on      

 

25.03.1998

 

 

Commercial Register

 

Local court 20355 HAMBURG 36

 

 

under

 

HRB 66970

 

Share capitaL

 

EUR          1.525.000,00

 

 

Shareholder

 

Biesterfeld AG

Ferdinandstr. 41

Post Box: 100 744

20095 Hamburg

Legal form         : Public limited company

Share capital     :EUR          2.600.000,00

Share                EUR          1.525.000,00

Reg. Data          :29.04.2004

HRB 90396

20355 HAMBURG 36

Turnover            :EUR         57.204.000,00

Employees        : 84

Control and profit transfer agreement

 

 

Manager

 

Jürgen Krohn

22927 Großhansdorf

authorized to jointly represent the company

Occupation: Businessman

 

 

Manager

 

Wilfried Dannheiser

Walter-Gropius-Weg 3g

22844 Norderstedt

authorized to jointly represent the company

born 28.05.1947

 

Further functions/participations of Wilfried Dannheiser (Manager)

 

 

Manager

Biesterfeld Chemiehandel Verwaltungs GmbH

Ferdinandstr. 41

20095 Hamburg

Legal form         : Private limited company

Share capital     :EUR             25.564,59

Reg. Data          :  25.03.1998

HRB 66976

20355 HAMBURG 36

 

 

Proxy

 

Biesterfeld AG

Ferdinandstr. 41

Post Box           :100 744

20095 Hamburg

Legal form         :Public limited company

Share capital     : EUR          2.600.000,00

Reg. Data          :29.04.2004

HRB 90396

20355 HAMBURG 36

 

 

Proxy

 

Biesterfeld Scheibler Linssen GmbH & Co. KG

Anckelmannsplatz 1

Post Box           : 10 07 44

20537 Hamburg

Legal form         : Ltd partnership with priv. ltd.

Company as General partner

Total cap. contribution: EUR    8.691.961,97

Reg. Data          :  19.08.1998

HRA 92022

20355 HAMBURG 36

 

 

Proxy

 

Biesterfeld Chemiedistribution Verwaltungs

GmbH

Ferdinandstr. 41

20095 Hamburg

Legal form         : Private limited company

Share capital     : EUR             50.000,00

Reg. Data          : 12.12.2002

HRB 85769

20355 HAMBURG 36

 

 

Proxy

 

Biesterfeld Plastic GmbH

Ferdinandstr. 41

Post Box           : 100 744

20095 Hamburg

Legal form         : Private limited company

Share capital     : EUR          5.115.000,00

Reg. Data          :  06.12.1988

HRB 41045

20355 HAMBURG 36

 

 

BUSINESS HISTORY

 

25.03.1998           PROVISTA Zweihundertzweiund- dreißigste

   Verwaltungs- gesellschaft mbH

   Bergstr. 7

   20095 Hamburg

   Private limited company

 

01.12.1998           Biesterfeld Spezialchemie GmbH

   Ferdinandstr. 41

   20095 Hamburg

   Private limited company

 

 

BUSINESS ACTIVITIES

 

51554

 WHOLESALE TRADE IN CHEMICAL TECHNICAL PRODUCTS

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership          :Tenant

Address                        :Ferdinandstr. 41

 20095 Hamburg

 

 

Private real estate

 

Name                            :Wilfried Dannheiser

Type of ownership          : unknown

Address                        :Walter-Gropius-Weg 3g

22844 Norderstedt

 

 Land register documents were not available.

 

 

 BANKERS

 

 DEUTSCHE BANK, HAMBURG

 Sort. code: 20070000, Account No: 460127406

 

 

 FIGURES

 

Financial year:                                                                01.01.2005 -       31.12.2005

Turnover                                                2003                   EUR                56.000.000,00

2004                   EUR                92.556.000,00

2005                   EUR              125.000.000,00

Share capital                                                                  EUR                   1.525.000,00

Value of stocks:                                                               EUR                    5.700.000,00

Equipment:                                                                      EUR                        25.000,00

Total number of vehicles:                                                                                         12

- Cars (leased):                                                                                                        12

Employees:                                                                                                                   104

                                                                                                          

 Branch number:   51554

 

 Control and profit transfer agreement with:

 

                      Biesterfeld AG

                      20095 Hamburg

 

 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

 

 

 

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