MIRA
INFORM REPORT
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Report Date : |
9th
November, 2006 |
IDENTIFICATION
DETAILS
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Name : |
FLABOFORM
NOLTE GMBH |
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Registered Office : |
Industriestr. 5 68753 Waghäusel |
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Country : |
Germany |
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Date of Incorporation : |
29.03.1995 |
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Legal Form : |
Private
limited company |
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Line of Business : |
Wholesale Trade In Iron, Steel
And Iron And Steel Semi-Finished Products |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 : |
Regular
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Litigation : |
Clear |
Company name & Address
Flaboform-Nolte-GmbH
Industriestr. 5
68753 Waghäusel
Telephone : 07254/92710
Telefax : 07254/927150
Homepage : www.flaboform.de
E-Mail : f.nolte@flaboform.de
VAT no.
DE144284529
CONCLUSION
The maximum credit is EUR
200.000,00.
Business relations are permissible.
LEGAL FORM
Private limited company
Date of foundation
1984
Shareholders' agreement
05.06.1984
Registered on
29.03.1995
Commercial Registe
Local court 68159 MANNHEIM
under
HRB 250551
Share capital
EUR 1.600.000,00
Shareholder
Peter Baumbach
Alsheimer Weg 31
67575 Eich
born 23.05.1943
Share: EUR 1.120.000,00
Shareholder
Friedhelm Nolte
Lilienstr. 14
68753 Waghäusel
born 26.10.1933
Share: EUR 400.000,00
Shareholder
Alfred Kupferschmied
68804 Altlußheim
Share: EUR 80.000,00
Manager
Alfed Georg Kupferschmid
68766 Hockenheim
having sole power of representation
born 21.01.1944
Proxy
Matthias Imhof
74889 Sinsheim
having sole power of representation
born 01.12.1969
Proxy
Ralf Merkle
76351 Linkenheim-Hochstetten
having sole power of representation
born 26.08.1952
BUSINESS HISTORY
05.06.1984 Flaboform-Nolte-GmbH
Altwingertweg 13
68766 Hockenheim
Private limited company
29.03.1995 Flaboform-Nolte-GmbH
Industriestr. 5
68753 Waghäusel
Private limited company
BUSINESS ACTIVITIES
51522
WHOLESALE TRADE IN IRON, STEEL AND
IRON AND STEEL SEMI-FINISHED
PRODUCTS
BRANCHES AND FACTORIES
Branch:
Flaboform-Nolte-GmbH
Dübener Str. 137
04509 Delitzsch
Legal form: Legally dependent
establishment
FINANCIAL INFORMATION
Payment experience : takes advantage of cash discount
Trend of business : positive
Order position : good
REAL ESTATE
Type of ownership :Tenant
Address : Dübener Str. 143 04509 Delitzsch
Type of ownership :
Tenant
Address : Industriestr. 5 68753 Waghäusel
Land register documents were not
available.
BANKERS
VOLKSBANK BRUHRAIN-KRAICH-HARDT,
PHILIPPSBURG, BADEN
Sort. code: 66391600
SPARKASSE HOCKENHEIM, HOCKENHEIM
Sort. code: 67051203
FIGURES
Financial year: 01.01.2005 - 31.12.2005
Turnover 2003 EUR 8.500.000,00
2004 EUR 10.000.000,00
2005 EUR 10.000.000,00
Expected turnover: 2006 EUR 12.000.000,00
Share capital EUR 1.600.000,00
Value of stocks: EUR 600.000,00
Equipment: EUR 150.000,00
Ac/ts receivable: EUR 800.000,00
Liabilities: EUR 600.000,00
Total number of vehicles: 6
- Lorries (owned): 3
- Cars (owned): 3
Employees: 45
- Salaried employees: 28
- Workers: 17
Branch number: 51522
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 |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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