MIRA INFORM REPORT

 

 

Report Date :

30-07-2007

 

IDENTIFICATION DETAILS

 

Name :

OERLION TEXTILE GMBH & CO. KG

 

 

Registered Office :

Landgrafenstr. 45 41069 Mönchengladbach, Post Box 10 04 31

 

 

Country :

Germany

 

 

Date of Incorporation :

31.08.1944

 

 

Com. Reg. No.:

HRA 314

 

 

Legal Form :

Limited Partnership with private Limited Company as General Partner.

 

 

Line of Business :

Wholesale of Textile, Sewing and Knitting Machines.

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Aaa

 

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

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

Name And Address

 

Oerlikon Textile GmbH & Co. KG

Landgrafenstr. 45

41069 Mönchengladbach

Post Box:  10 04 31

Telephone: 02161/280

Telefax:   02161/283029

Homepage:  http://www.saurer.com

 

 

CONCLUSION

 

Business relations are permissible.

 

The company is considered solvent for credits within its scope of business.

 

 

LEGAL FORM          

 

Ltd partnership with priv. ltd. Company as General partner

 

 

Date of foundation

 

1903

 

 

Registered on     

 

31.08.1944

 

 

Register of Companies

 

Local court 41061 MÖNCHENGLADBACH

 

 

under             

 

HRA 314

 

 

Total cap. contribution:              

 

EUR         41.000.000,00

 

 

 

General Partner

 

Oerlikon Textile Verwaltungs GmbH

Landgrafenstr. 45

41069 Mönchengladbach

 

                      

Legal form

 

Private limited company

Share capital:     EUR            250.000,00

Reg. Data:  04.07.2003

HRB 7260

41061 MÖNCHENGLADBACH

 

Shareholder:

 

Saurer Beteiligungs AG

Blumenberger Str. 143-145

Post Box: 10 0435

41061 Mönchengladbach

Legal form:                    Public limited company

Share capital:                EUR            250.000,00

Share:                           EUR            250.000,00

Reg. Data:                     13.03.1990

HRB 3745

41061 MÖNCHENGLADBACH

 

 

Manager

 

Dr. Tarik Vardag

61250 Usingen

born 24.09.1958

 

Manager:

 

Dr. Dirk Burger

Nikolaus-Lauxen-Str. 10

50259 Pulheim

authorized to jointly represent the company

born 09.11.1960

Occupation: Businessman

Marital status: married

spouse      Monika Burger

 

Manager:

 

John Cundill

51503 Rösrath

authorized to jointly represent the company

Occupation: Fully qualified economic

Engineer

 

Manager

 

Martin Stillger

42899 Remscheid

authorized to jointly represent the company

born 22.11.1963

Occupation: Businessman

 

Manager

 

Dr. Carsten Voigtländer

24601 Ruhwinkel

authorized to jointly represent the company

born 14.09.1963

Occupation: Engineer

 

 

Manager:

 

Stefan Kroß

41747 Viersen

authorized to jointly represent the company

born 08.11.1955

Occupation: graduate engineer

 

 

Manager

 

Gerard Küsters

52538 Selfkant

authorized to jointly represent the company

born 12.06.1963

 

 

Manager

 

Jan Röttgering

41844 Wegberg

authorized to jointly represent the company

born 29.01.1966

Occupation: graduate engineer

 

 

 

Proxy

                     

Claus Kirchenwitz

Würen 44a

24539 Neumünster

authorized to jointly represent the company

born 09.07.1947

Occupation: Fully qualified merchant

Marital status: married

 

 

Proxy

 

Patent-Assessor Arndt Georg Hamann

41239 Mönchengladbach

authorized to jointly represent the company

born 08.05.1951

Occupation: graduate engineer

 

 

Proxy

                     

Heinz Wilhelm Kamp

41844 Wegberg

authorized to jointly represent the company

born 06.10.1960

Occupation: Businessman

 

 

Proxy:

 

Dipl.-Ingenieur Klaus Karrasch

51427 Bergisch Gladbach

authorized to jointly represent the company

born 27.09.1959

Occupation: Businessman

 

 

Proxy

                     

Leen Osterloh

93491 Stamsried

authorized to jointly represent the company

born 03.03.1975 Proxy:

                    

Wolfgang Schubert

47877 Willich

authorized to jointly represent the company

born 18.06.1964

 

Limited Partner:

                     

W. Reiners Verwaltungs-GmbH

Blumenberger Str. 143-145

41061 Mönchengladbach

 

Legal form                     Private limited company

Share capital                 EUR        38.346.891,09

Share                            EUR         41.000.000,00

Reg. Data                      11.11.1977

                                   HRB 951

                                    41061 MÖNCHENGLADBACH

 

 

Proxy

 

Markus Beckmann

47798 Krefeld

authorized to jointly represent the company

born 11.12.1965

 

 

Proxy

                     

Georg Rennen

41334 Nettetal

authorized to jointly represent the company

born 10.12.1957

 

 

Proxy

Jürgen Meyer

52062 Aachen

authorized to jointly represent the company

born 16.09.1960

 

 

Proxy

                    

Karl-Heinz Sandholzer

87671 Ronsberg

authorized to jointly represent the company

born 12.10.1959

 

 

Proxy

                     

Dr. Tarik Vardag

61250 Usingen

authorized to jointly represent the company

born 24.09.1958

 

 

Proxy

                    

Henning Röttger

24568 Kaltenkirchen

authorized to jointly represent the company

born 08.02.1964

Occupation: Fully qualified chemist

 

 

Proxy

                     

Dorothee Benz

Stockhauser Str. 40

42929 Wermelskirchen

authorized to jointly represent the company

born 20.08.1960

Occupation: Businessman

Marital status: married

 

 

Proxy

                     

Matthias Schemken

24534 Neumünster

authorized to jointly represent the company

born 05.08.1963

 

 

Proxy

                    

Wolfram Flatow

47877 Willich

 

 

Proxy

                     

Helmut Spätgens

41849 Wassenberg

Occupation: Industrial scientist

 

 

Proxy

                    

Dieter Iven

41236 Mönchengladbach

born 09.02.1950

 

 

Proxy

                     

Ruth Plettscher

41236 Mönchengladbach

born 27.06.1960

 

 

Proxy

                    

Norbert Siebmanns

41236 Mönchengladbach

born 21.03.1949

Occupation: graduate engineer

 

 

Proxy

                    

Karl Josef Höhne

41844 Wegberg

born 10.10.1960

Occupation: Fully qualified economic

engineer

 

 

Proxy

                     

Hans Grecksch

41238 Mönchengladbach

born 04.03.1947

Occupation: graduate engineer

 

Proxy

                      

Andreas Riedel

41836 Hückelhoven

born 01.04.1964

 

Proxy

                    

Bert Schlömer

52525 Heinsberg

born 29.03.1961

 

Proxy

                     

Kaan Güclü

30926 Seelze

authorized to jointly represent the company

born 04.06.1973

 

Proxy

                      

Hans-Ulrich Hölk

24534 Neumünster

authorized to jointly represent the company

born 27.07.1967

Occupation: graduate engineer

 

 

Proxy

                     

Uwe Model

42853 Remscheid

authorized to jointly represent the company

born 18.05.1975

 

 

Proxy

                     

Ralf Müller

41069 Mönchengladbach

authorized to jointly represent the company

born 19.08.1968

 

 

Proxy

                     

Heinz Wilhelm Kamp

41844 Wegberg

authorized to jointly represent the company

born 06.10.1960

Occupation: Businessman

 

 

 Proxy

                     

Hans-Dieter Dyballa

52531 Übach-Palenberg

born 10.01.1955

 

 

BUSINESS HISTORY

 

31.08.1944         

W. Schlafhorst AG & Co.

Blumenberger Str. 143-145

41061 Mönchengladbach

Limited partnership with public limited

company as gen. part

 

31.07.2003          

Saurer GmbH & Co. KG

Landgrafenstr. 45

41069 Mönchengladbach

Ltd partnership with priv. ltd. Company as

General partner

 

BUSINESS ACTIVITIES

 

51830

Wholesale of textile, sewing and knitting machines

 

7487

Further business activities for companies and individuals n.e.c

 

 

BRANCHES AND FACTORIES

 

Branch:

Oerlikon Textile GmbH & Co. KG

Christianstr. 168-170

Post Box: 22 40

24536 Neumünster

 

Branch:

Oerlikon Textile GmbH & Co.KG

Hans-Zinser-Str. 1-3

73061 Ebersbach

 

Branch:

Oerlikon Textile GmbH & Co.KG

Carlstr. 60

52531 Übach-Palenberg

 

Branch:

Oerlikon Schlafhorst, Zweigniederlassung

der Oelikon Textile GmbH & Co.KG

Am Sandradl 18

92526 Oberviechtach

Comm. reg. listing: 31.08.1944

 

Branch:

Oelikon Textile GmbH & Co. KG

Leverkuser Str. 65

42897 Remscheid

 

Branch:

Oerlikon Saurer, Zweigniederlassung der

Oerlikon Textile GmbH & Co.KG

Weeserweg 60

47804 Krefeld

Comm. reg. listing: 16.12.2003

 

 Branch:

 

Zinser Zweigniederlassung der Oerlikon GmbH

& Co. KG

Hans-Zinser-Str. 1-3

73061 Ebersbach

Comm. reg. listing: 13.01.2004

 

Branch:

 

Oerlikon Schlafhorst Zweigniederlassung der

Oerlikon Textile GmbH & Co.KG

Blumenberger Str. 143-145

41061 Mönchengladbach

Comm. reg. listing: 15.08.2003

 

 Branch:

 

Oerlikon Saurer Zweigniederlassung der

Oerlikon Textile GmbH & Co.KG

Leonhardstr. 19

87437 Kempten

Comm. reg. listing: 19.12.2003

 

Branch:

 

Barmag, Zweigniederlassung der Oerlikon

Textile GmbH & Co. KG

Leverkuser Str. 65

42897 Remscheid

Comm. reg. listing: 03.02.2004

 

 Branch:

 

Oerlikon Barmag, Zweigniederlassung der

Oerlikon Textile GmbH & Co. KG

Zwickauer Str. 247

09116 Chemnitz

 

 

PARTICIPATION

 

Limited Partner:

Barmag Liegenschaften GmbH & Co. KG

Leverkuser Str. 65

42897 Remscheid

Legal form: Ltd partnership with priv. ltd.

Company as General partner

Total cap. contribution:               EUR    5.000.000,00

Share:                                       EUR          5.000.000,00

Reg. Data:                                 03.02.2003

HRA 18612

42103 WUPPERTAL

 

Limited Partner:

Parsys Produktionstechnik GmbH & Co. KG

Blumenberger Str. 143-145

41061 Mönchengladbach

Legal form: Ltd partnership with priv. ltd.

Company as General partner  dissolved

Total cap. contribution:               EUR       25.564,59

Share:                                       EUR             25.564,59

Reg. Data:                                 10.02.2003

HRA 3884

41061 MÖNCHENGLADBACH

 

 

Shareholder

                     

TESYS GmbH

Blumenberger Str. 143-145

41061 Mönchengladbach

Legal form: Private limited company

Share capital:                            EUR          1.000.300,00

Share:                                       EUR          1.000.000,00

Reg. Data:                                 17.01.2000

HRB 6279

41061 MÖNCHENGLADBACH

 

 

Shareholder

                     

Saurer IP GmbH

Leverkuser Str. 65

42897 Remscheid

Legal form: Private limited company

Share capital:                            EUR            250.000,00

Share:                                       EUR            249.900,00

Reg. Data:                                 08.11.2004

HRB 18791

42103 WUPPERTAL

Profit transfer agreement

 

 

Shareholder

                     

Prime Machinery GmbH

41061 Mönchengladbach

Legal form: Private limited company

Share capital:                            EUR             51.129,19

Share:                                       EUR             51.129,19

Reg. Data:                                 30.05.1994

HRB 4819

41061 MÖNCHENGLADBACH

Control and profit transfer agreement

 

 

Shareholder

 

Accotex-TEXParts GmbH

Maria-Merian-Str. 8

70736 Fellbach

Legal form: Private limited company

Share capital:                            EUR             51.400,00

Share:                                       EUR             51.400,00

Reg. Data:                                 26.01.2007

HRB 722008

0190 STUTTGART 1

Turnover:                                   EUR         54.000.000,00

Employees:                                           120

Control and profit transfer agreement

 

 

Shareholder

                     

S & C Kasino GmbH Kantinenbetriebe und

Party- Service -aufgelöst-

Blumenberger Str. 143-145

41061 Mönchengladbach

Legal form: Private limited company in

liquidation

Share capital:                            EUR             51.129,19

Share:                                       EUR             26.075,89

Reg. Data:                                 25.05.1993

HRB 4585

41061 MÖNCHENGLADBACH

 

 

Shareholder

                    

ERMAFA Kunststofftechnik Chemnitz GmbH

Zwickauer Str. 247

09116 Chemnitz

Legal form: Private limited company

Share capital:                            EUR             50.000,00

Share:                                       EUR             50.000,00

Reg. Data:                                 06.04.1993

HRB 7741

09130 CHEMNITZ

Turnover:                                   EUR          7.800.000,00

Employees:                                45

 

 

Shareholder

                     

PARSYS Produktionstechnik GmbH

Blumenberger Str. 143-145

41061 Mönchengladbach

Legal form: Private limited company

dissolved

Share capital:                            EUR             25.564,59

Share:                                       EUR             25.564,59

Reg. Data:                                 05.12.1997

HRB 5718

41061 MÖNCHENGLADBACH

Control and profit transfer agreement

 

 

Shareholder

                    

Schlafhorst CUSTOMER SUPPORT GmbH

Blumenberger Str. 143-145

41061 Mönchengladbach

Legal form: Private limited company

Share capital:                            EUR             25.564,59

Share:                                       EUR             25.564,59

Reg. Data:                                 05.12.1997

HRB 5719

41061 MÖNCHENGLADBACH

Employees:                               10.021

 

 

Shareholder

                      

Schlafhorst AUTOCORO GmbH

Blumenberger Str. 143-145

41061 Mönchengladbach

Legal form: Private limited company

Share capital:                            EUR             25.564,59

Share:                                       EUR             25.564,59

Reg. Data:                                 05.12.1997

HRB 5720

41061 MÖNCHENGLADBACH

Control and profit transfer agreement

 

 

Shareholder

                     

Texparts GmbH

Maria-Merian-Str. 8

70736 Fellbach

Legal form: Private limited company

dissolved

Share capital:                            EUR             25.564,59

Share:                                       EUR             25.564,59

Reg. Data:                                 29.06.2000

HRB 264174

70190 STUTTGART 1

 

 

Shareholder

                     

TEMCO Components GmbH

Fuldaer Str. 19

97762 Hammelburg

Legal form: Private limited company

Share capital:                            EUR             25.000,00

Share:                                       EUR             25.000,00

Reg. Data:                                 16.02.2006

HRB 4900

97421 SCHWEINFURT

Turnover:                                   EUR         12.000.000,00

Employees:                                80

 

 

 

FINANCIAL INFORMATION

 

Payment experience:  in top condition

 

 

 

REAL ESTATE

 

Type of ownership:          proprietor

Address                         Blumenberger Str. 143-145

                                     41061 Mönchengladbach

 

Private real estate

 

Name                            Oerlikon Textile Verwaltungs GmbH

Type of ownership:         Tenant

Address                        Landgrafenstr. 45

                                    41069 Mönchengladbach

 

Land register documents were not available.

 

 

BANKERS

 

DEUTSCHE BANK, MÖNCHENGLADBACH

Sort. code: 31070001

 

COMMERZBANK, MÖNCHENGLADBACH

Sort. code: 31040015

 

HSBC TRINKAUS & BURKHARDT, DÜSSELDORF

Sort. code: 30030880

 

BUNDESBANK, MÖNCHENGLADBACH

Sort. code: 31000000

 

BAYER HYPO- UND VEREINSBANK, DÜSSELDORF

Sort. code: 30220190

 

 

FIGURES

 

Financial year:               01.01. - 31.12.

Turnover:                       2005                             EUR      1.569.786.000,00

Profit:                            2005                             EUR         55.000.000,00

Total cap. contribution:                                       EUR         41.000.000,00

Employees:                                                       10.021

Branch number:       51830 / 7487

 

 

Approximate figures are given.

 

 

Name And Address

                   

Oerlikon Textile GmbH & Co.KG

Carlstr. 60

52531 Übach-Palenberg

Telephone: 02161/28-0

Telefax:   02161/28-3029

Homepage:  www.saurer.com

 

 

LEGAL FORM

 

Legally dependent establishment

 

 

BUSINESS HISTORY

 

29.04.1998         

W. Schlafhorst AG & Co.

Carlstr. 60

52531 Übach-Palenberg

Legally dependent establishment

 

11.01.2007          

Saurer GmbH & Co. KG

Carlstr. 60

52531 Übach-Palenberg

Legally dependent establishment

 

14.06.2007          

Oerlikon Schlafhorst, Zweigniederlassung

der Oerlikon Textile GmbH & Co.KG

Carlstr. 60

52531 Übach-Palenberg

Legally dependent establishment

 

 

FIGURES

 

Financial year:      01.01. - 31.12.

The number of employees is not known.

 

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