MIRA
INFORM REPORT
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Report Date : |
14.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
Buderus
Edelstahl GmbH |
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Registered Office : |
Buderusstr.
25, 35576 Wetzlar |
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Country : |
Germany |
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Date of Incorporation : |
1920 |
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Com. Reg. No.: |
HRB 5241 |
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Legal Form : |
Private
Limited Company |
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Line of Business : |
Manufacture
of Basic Iron and Steel and of Ferro-Alloys (Ecsc) Casting of
Iron Forging, Pressing,
Stamping and Roll Forming of Metal, Powder Metallurgy Wholesale
trade in Iron, Steel and Iron and Steel Semi-Finished Products |
RATING &
COMMENTS
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MIRA’s Rating : |
Aa |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
EUR 250.000 |
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Status : |
Good |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
name & address
Buderus Edelstahl GmbH
Buderusstr. 25
35576 Wetzlar
Telephone: 06441-374-0
Telefax: 06441-374-882
Homepage: www.buderus-edelstahl.de
E-Mail: info@edelstahl-buderus.de
VAT no.
DE811164498
CONCLUSION
The maximum credit is EUR 250.000,00.
Business relations are permissible.
LEGAL FORM
Private limited company
Date of foundation
1920
Registered on
23.03.2006
Commercial Register
Local court 35578 WETZLAR
Under
HRB 5241
Share capital
EUR 18.700.000,00
Shareholder
Böhler Uddeholm Aktiengesellschaft
Modecenterstr. 14/A/3
A 1030 Wien
Legal form: Other legal form
Share: EUR 18.700.000,00
Manager
Jens Mohr
35444 Biebertal
Manager
Karl-Peter Johann
35614 Aßlar
born 10.08.1956
Marital status: married
Proxy
Bernhard Pauly
35781 Weilburg
authorized to jointly represent the company
born 18.07.1947
Proxy
Michael Hammer
35606 Solms
authorized to jointly represent the company
born 08.05.1962
Proxy
Holger Kison
63067 Offenbach
authorized to jointly represent the company
born 23.06.1972
BUSINESS HISTORY
17.06.1920
Edelstahlwerke Buderus AG
Buderusstr. 25
35576 Wetzlar
Public limited company
23.03.2006
Buderus Edelstahl GmbH
Buderusstr. 25
35576 Wetzlar
Private limited company
BUSINESS ACTIVITIES
2710
MANUFACTURE OF BASIC IRON AND STEEL AND OF FERRO-ALLOYS (ECSC)
2751
CASTING OF IRON
2840
FORGING, PRESSING, STAMPING AND ROLL FORMING OF METAL, POWDER
METALLURGY
51522
WHOLESALE TRADE IN IRON, STEEL AND IRON AND STEEL SEMI-FINISHED
PRODUCTS
FINANCIAL INFORMATION
Payment experience: in top
condition
REAL ESTATE
Type of ownership: proprietor
Address Buderusstr.
25
35576 Wetzlar
Private real estate
Name Karl-Peter Johann
Type of ownership: proprietor
Address Kreuztaler Str. 115
57258 Freudenberg
Land register documents were not available.
BANKERS
DRESDNER BANK, GIEßEN, LAHN
Sort. code: 51380040
COMMERZBANK, WETZLAR
Sort. code: 51540037
POSTBANK, FRANKFURT AM MAIN
Sort. code: 50010060
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2005 EUR
260.352.000,00
2006 EUR 396.000.000,00
Expected turnover: 2007 EUR 430.000.000,00
Share capital: EUR 18.700.000,00
Real estate of the firm: EUR 11.858.000,00
Employees: 836
- Part-time employees: 11
- Trainees:
40
Branch number: 2710 / 2751 / 2840 / 51522
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 |
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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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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%)