MIRA INFORM REPORT

 

 

Report Date :

31.03.2007

 

IDENTIFICATION DETAILS

 

Name :

Robert Brachfeld

 

 

Registered Office :

Darmstädter Landstr. 186, 60598 Frankfurt

 

 

Country :

Germany

 

 

Date of Incorporation :

24.09.1979

 

 

Legal Form :

Unregistered Commercial Enterprise

 

 

Line of Business :

Processing of Precious Stones, Gems and Pearls

Wholesale Trade in Watches, Precious Metal Goods and Jewelry

 

 

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

 

Maximum Credit Limit :

EUR 50.000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually correct

 

 

Litigation :

Clear

 

 


name & address

 

Robert Brachfeld

Darmstädter Landstr. 186

60598 Frankfurt

Telephone         : 069/6860660

Telefax              : 069/791200999

Homepage         : www.brachfeld.de

E-Mail               : info@brachfeld.de

 

 

CONCLUSION

 

The maximum credit is EUR 50.000,00.

 

Business relations are permissible.

 

 

LEGAL FORM 

 

Unregistered commercial enterprise

 

 

Date of foundation

 

24.09.1979

 

 

Proprietor

 

Robert Brachfeld

Max-Beckmann-Str. 25

60599 Frankfurt

born 31.08.1952

Occupation: Fully qualified merchant

Marital status: single

 

 

BUSINESS ACTIVITIES

 

36221

PROCESSING OF PRECIOUS STONES, GEMS UND PEARLS

 

51474

WHOLESALE TRADE IN WATCHES, PRECIOUS METALL GOODS AND JEWELRY

 

 

 

 

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

Trend of business:          constant

Order position:               satisfactory

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Darmstädter Landstr. 186

                                    60598 Frankfurt

 

Private real estate

 

Name                            Robert Brachfeld

Type of ownership:         unknown

Address                        Max-Beckmann-Str. 25

                                    60599 Frankfurt

 

Land register documents were not available.

 

 

BANKERS

 

FRANKFURTER SPARKASSE, FRANKFURT AM MAIN

Sort. code: 50050201

 

 

FIGURES

 

Financial year:               01.01. - 31.12.

Turnover:                       2006               EUR          3.000.000,00

Employees:                    9

Branch number:             36221 / 51474

 

The aforementioned business figures may partly be estimated information based on average values in the line of business.


 

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

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

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 and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

 

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