MIRA INFORM REPORT

 

 

Report Date :

17.04.2007

 

IDENTIFICATION DETAILS

 

Name :

Cronimet – Ferrolegierungen Handelsgesellschaft mbH

 

 

Registered Office :

Südbeckenstr. 22, 76189 Karlsruhe, Post Box 21 04 51

 

 

Country :

Germany

 

 

Date of Incorporation :

1980

 

 

Com. Reg. No.:

HRB 103096

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of Basic Iron and Steel and of Ferro-Alloys (Ecsc)

Wholesale of other Household Goods

Wholesale trade in Iron, Steel and Iron and Steel Semi-Finished Products

Retail Sale In Non-Specialized Stores, Except Food

 

 

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

 

 


name & address

 

Cronimet – Ferrolegierungen Handelsgesellschaft mbH

Südbeckenstr. 22

76189 Karlsruhe

Post Box:  21 04 51

Telephone:        0721/952250

Telefax:             0721/591086

Homepage:        www.cronimet.de

E-Mail:              mail@cronimet.de

 

 

VAT no.

 

DE143593172

 

 

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

 

1980

 

 

Shareholders' agreement

 

27.11.1980

 

 

Registered on

 

18.12.1980

 

 

Commercial Register

 

Local court 68159 MANNHEIM

 

 

Under

 

HRB 103096

 

 

Share capital

 

EUR          1.100.000,00

 

 

Shareholder

 

Günter Pilarsky

Carl-Hofer-Str. 12

76227 Karlsruhe

born 29.11.1937

Share:             EUR            786.500,00

 

 

Shareholder

 

Joachim Pilarsky

Amalienstr. 6

76133 Karlsruhe

born 04.03.1974

Share:             EUR            104.500,00

 

 

Shareholder

 

Elke Pilarsky

Klosestr. 30

76137 Karlsruhe

born: Pilarsky

born 23.02.1964

Share:             EUR            104.500,00

 

 

Shareholder

 

Jürgen Pilarsky

Elly-Heuss-Weg 13

76227 Karlsruhe

born 23.07.1960

Share:             EUR            104.500,00

 

 

Manager

 

Günter Pilarsky

Carl-Hofer-Str. 12

76227 Karlsruhe

having sole power of representation

born 29.11.1937

Occupation: Businessman

Marital status: married

 

 

Manager

 

Joachim Pilarsky

Amalienstr. 6

76133 Karlsruhe

having sole power of representation

born 04.03.1974

Occupation: Businessman

Marital status: married

 

 

Manager

 

Jürgen Pilarsky

Elly-Heuss-Weg 13

76227 Karlsruhe

born 23.07.1960

Occupation: Businessman

Marital status: married

 

 

Manager

 

Thomas Heil

Pommernstr. 40

76646 Bruchsal

having sole power of representation

born 28.03.1960

ccupation: Businessman

Marital status: married

 

 

Further functions/participations of

Günter Pilarsky (Manager)

 

Proprietor:

Günter Pilarsky

Weinbrennerstr. 3

76307 Karlsbad

Legal form: Unregistered commercial enterprise

Employees:        2

 

Shareholder:

CRONIMET Holding GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR          2.000.000,00

Share:                EUR          1.040.000,00

Reg. Data:  03.08.2005

HRB 110997

68159 MANNHEIM

 

Shareholder:

CRONIMET Legierungen Dortmund

Handelsgesellschaft mbH

Kipperstr. 11

44147 Dortmund

Legal form: Private limited company

Share capital:     EUR            520.000,00

Share:                EUR             312.000,00

Reg. Data:  03.01.2002

HRB 15137

44135 DORTMUND

Employees:         20

 

Shareholder:

CRONIMET NOBLE ALLOYS Handelsges. mbH

Vinckeweg 19

47119 Duisburg

Legal form: Private limited company

Share capital:     EUR            260.000,00

Share:                EUR            130.000,00

Reg. Data:  11.09.1998

HRB 7934

47051 DUISBURG 1

Turnover:          EUR          1.150.000,00

Employees:   5

 

Manager:

CRONIMET Holding GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR          2.000.000,00

Reg. Data:  03.08.2005

HRB 110997

68159 MANNHEIM

 

Manager:

CRONIMET Legierungen Dortmund

Handelsgesellschaft mbH

Kipperstr. 11

44147 Dortmund

Legal form: Private limited company

Share capital:     EUR            520.000,00

Reg. Data:  03.01.2002

HRB 15137

44135 DORTMUND

 

Manager:

ERG Edelstahl Recycling Gesellschaft mit

beschränkter Haftung

Limesstr. 20

Post Box: 10 04 29

63741 Aschaffenburg

Legal form: Private limited company

Share capital:     EUR            800.000,00

Reg. Data:  22.10.2002

HRB 8527

63739 ASCHAFFENBURG

 

Manager:

CRONILEG - Rohstoffhandels- gesellschaft mbH

Sympherstr. 96

47138 Duisburg

Legal form: Private limited company

Share capital:     EUR            300.000,00

Reg. Data:  17.03.1994

HRB 6355

47051 DUISBURG 1

 

Manager:

CRONIMET Mining GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR             50.000,00

Reg. Data:  22.12.2004

HRB 110804

68159 MANNHEIM

 

Manager:

Cronimet Alfa Ferrolegierungen Handels-GmbH

Rupert-Bodner-Str. 25

81245 München

Legal form: Private limited company

Share capital:     EUR          1.000.000,00

Reg. Data:  23.07.1997

HRB 117218

80797 MÜNCHEN

 

Manager:

CRONIMET NOBLE ALLOYS Handelsges. mbH

Vinckeweg 19

47119 Duisburg

Legal form: Private limited company

Share capital:     EUR            260.000,00

Reg. Data:  11.09.1998

HRB 7934

47051 DUISBURG 1

 

Manager:

Metallium Marketing GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR            100.000,00

Reg. Data:  19.01.2007

HRB 701610

68159 MANNHEIM

 

 

Further functions/participations of

Joachim Pilarsky (Manager)

 

Shareholder:

CRONIMET Holding GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR          2.000.000,00

Share:                EUR             130.000,00

Reg. Data:  03.08.2005

HRB 110997

68159 MANNHEIM

 

Shareholder:

CRONIMET Verwaltungs GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR            381.000,00

Share:                EUR            127.000,00

Reg. Data:  20.08.2001

HRB 109611

68159 MANNHEIM

Employees:       3

 

Manager:

CRONIMET Holding GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR          2.000.000,00

Reg. Data:  03.08.2005

HRB 110997

68159 MANNHEIM

 

Manager:

CRONIMET Verwaltungs GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR            381.000,00

Reg. Data:  20.08.2001

HRB 109611

68159 MANNHEIM

 

Manager:

Cronimet Services GmbH

Südbeckenstr. 22

Post Box: 210451

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR            500.000,00

Reg. Data:  30.07.2004

HRB 110686

68159 MANNHEIM

 

Manager:

ERG Edelstahl Recycling Gesellschaft mit

beschränkter Haftung

Limesstr. 20

Post Box: 10 04 29

63741 Aschaffenburg

Legal form: Private limited company

Share capital:     EUR            800.000,00

Reg. Data:  22.10.2002

HRB 8527

63739 ASCHAFFENBURG

 

 

Further functions/participations of

Jürgen Pilarsky (Manager)

 

Shareholder:

CRONIMET Holding GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR          2.000.000,00

Share:                EUR             130.000,00

Reg. Data:  03.08.2005

HRB 110997

68159 MANNHEIM

 

Shareholder:

CRONIMET Verwaltungs GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR            381.000,00

Share:                EUR            127.000,00

Reg. Data:  20.08.2001

HRB 109611

68159 MANNHEIM

Employees:     3

 

Manager:

CRONIMET Verwaltungs GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR            381.000,00

Reg. Data:  20.08.2001

HRB 109611

68159 MANNHEIM

Manager:

Cronimet Services GmbH

Südbeckenstr. 22

Post Box: 210451

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR            500.000,00

Reg. Data:  30.07.2004

HRB 110686

68159 MANNHEIM

 

Manager:

CRONIMET Mining GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR             50.000,00

Reg. Data:  22.12.2004

HRB 110804

68159 MANNHEIM

 

Manager:

CRONIMET NewCo GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR             25.000,00

Reg. Data:  02.03.2007

HRB 701844

68159 MANNHEIM

 

 

Further functions/participations of

Thomas Heil (Manager)

 

Manager:

CRONIMET Holding GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR          2.000.000,00

Reg. Data:  03.08.2005

HRB 110997

68159 MANNHEIM

 

Manager:

CRONIMET Mining GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR             50.000,00

Reg. Data:  22.12.2004

HRB 110804

68159 MANNHEIM

 

 

Manager:

CRONIMET NewCo GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR             25.000,00

Reg. Data:  02.03.2007

HRB 701844

68159 MANNHEIM

 

 

BUSINESS ACTIVITIES

 

2710

MANUFACTURE OF BASIC IRON AND STEEL AND OF FERRO-ALLOYS (ECSC)

 

5147

WHOLESALE OF OTHER HOUSEHOLD GOODS

 

51522

WHOLESALE TRADE IN IRON, STEEL AND IRON AND STEEL SEMI-FINISHED PRODUCTS

 

52121

RETAIL SALE IN NON-SPECIALIZED STORES, EXCEPT FOOD

 

 

BRANCHES AND FACTORIES

 

Branch:

CRONIMET Ferrolegierungen

Handelsgesellschaft mbH Niederlassung

Chemnitz

Annaberger Str. 282a

09125 Chemnitz

 

Branch:

CRONIMET - Ferrolegierungen -

Handelsgesellschaft mbH Niederlassung

Kirchheim/Neckar

Bahnhofstr. 1

74366 Kirchheim

 

 

PARTICIPATION

 

Shareholder:

ERG Edelstahl Recycling Gesellschaft mit

beschränkter Haftung

Limesstr. 20

Post Box: 10 04 29

63741 Aschaffenburg

Legal form: Private limited company

Share capital:     EUR            800.000,00

Share:                EUR             800.000,00

Reg. Data:  22.10.2002

HRB 8527

63739 ASCHAFFENBURG

Turnover:          EUR         71.100.000,00

Employees:         25

 

Shareholder:

Cronimet Alfa Ferrolegierungen Handels-GmbH

Rupert-Bodner-Str. 25

81245 München

Legal form: Private limited company

Share capital:     EUR          1.000.000,00

Share:                EUR             520.000,00

Reg. Data:  23.07.1997

HRB 117218

80797 MÜNCHEN

Turnover:          EUR          3.410.000,00

Employees:         20

 

Shareholder:

Cronimet Services GmbH

Südbeckenstr. 22

Post Box: 210451

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR            500.000,00

Share:                EUR             300.000,00

Reg. Data:  30.07.2004

HRB 110686

68159 MANNHEIM

 

Shareholder:

CRONILEG - Rohstoffhandels- gesellschaft mbH

Sympherstr. 96

47138 Duisburg

Legal form: Private limited company

Share capital:     EUR            300.000,00

Share:                EUR             153.000,00

Reg. Data:  17.03.1994

HRB 6355

47051 DUISBURG 1

Employees:         8

 

Shareholder:

Metallium Marketing GmbH

Südbeckenstr. 22

76189 Karlsruhe

Legal form: Private limited company

Share capital:     EUR            100.000,00

Share:                EUR              55.000,00

Reg. Data:  19.01.2007

HRB 701610

68159 MANNHEIM

Employees:        15

 

 

FINANCIAL INFORMATION

 

Payment experience:     cash discount/within agreed terms

Trend of business:          positive

Order position:               good

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Südbeckenstr. 22

                                    76189 Karlsruhe

 

Type of ownership:         Tenant

Address                        Annaberger Str. 282a

                                    09125 Chemnitz

 

Type of ownership:         Tenant

Address                        Bahnhofstr. 1

                                    74366 Kirchheim

 

Private real estate

 

Name                            Günter Pilarsky

Type of ownership:         proprietor

Share:                           100,00 %

Address                        Carl-Hofer-Str. 12

                                    76227 Karlsruhe

Value at selling price:     EUR            526.600,00

 

Land register documents were not available.

 

 

BANKERS

 

DEUTSCHE BANK, KARLSRUHE, BADEN

Sort. code: 66070004, Account No: 0570010

 

COMMERZBANK, KARLSRUHE, BADEN

Sort. code: 66040018

 

BAYER HYPO- UND VEREINSBANK, KARLSRUHE, BADEN

Sort. code: 66020286

 

 

FIGURES

 

Financial year:                           01.01. - 31.12.

Turnover:                                   2005     EUR        250.550.000,00

                                                2006     EUR        265.000.000,00

Share capital:                                        EUR            1.100.000,00

Value of stocks:                                     EUR          17.385.000,00

Equipment:                                            EUR            4.450.000,00

Ac/ts receivable:                                    EUR         46.000.000,00

Liabilities:                                              EUR         61.860.000,00

Total number of vehicles:           10

Employees:                                 175

Branch number:                         2710 / 5147 / 51522 / 52121

 

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

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