MIRA INFORM REPORT

 

 

Report Date :

19.12.2007

 

IDENTIFICATION DETAILS

 

Name :

Probat-Werke von Gimborn Maschinenfabrik GmbH

 

 

Registered Office :

Reeser Str. 94, 46446 Emmerich

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2006

 

 

Date of Incorporation :

1985

 

 

Com. Reg. No.:

HRB 7547

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of Machines for Non-Specified Use N.E.C.

Wholesale of other machines (excl. agricultural machines)

 

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

 

Probat-Werke von Gimborn Maschinenfabrik GmbH

Reeser Str. 94

46446 Emmerich

Telephone:        02822/9120

Telefax:             02822/912444

Homepage:        www.probat.de

E-Mail:              info@probat.com

 

 

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

 

1985

 

 

Shareholders' agreement

 

18.09.1985

 

 

Registered on

 

20.01.2005

 

 

Commercial Register

 

Local court 47533 KLEVE

 

 

Under

 

HRB 7547

 

 

Share capital

 

EUR          6.000.000,00

 

 

Shareholder

 

Probat Werke von Gimborn GmbH & Co KG

Reeser Str. 94

Post Box: 10 07 52

46446 Emmerich

Legal form: Ltd partnership with priv. ltd. Company as General partner

Total cap. contribution: EUR    5.000.000,00

Share:             EUR          6.000.000,00

Reg. Data:  31.01.1939

HRA 1065

47533 KLEVE

Control and profit transfer agreement

 

 

Manager

 

Günther Simon

Diestelstr. 15e

22397 Hamburg

Occupation: graduate engineer

Marital status: married

 

 

Manager

 

Wim Abbing

Kornfeldstr. 15

46446 Emmerich

having sole power of representation

born 08.02.1967

Occupation: Businessman

Marital status: married

spouse      Tina von Gimborn-Abbing

née: von Gimborn

 

 

Manager

 

Stephan Lange

In den Galleien 26

47533 Kleve

born 06.08.1961

Occupation: Businessman

 

 

Proxy

 

Thomas Koziorowski

45468 Mülheim

authorized to jointly represent the company

born 10.04.1964

 

 

Proxy

 

Klaus van Genabith

Voßstr. 26

47574 Goch

authorized to jointly represent the company

Marital status: married

 

 

Proxy

 

Thomas Hubl

Empeler Str. 64c

46459 Rees

authorized to jointly represent the company

born 10.05.1966

Occupation: Businessman

 

 

Further functions/participations of

Stephan Lange (Manager)

 

Manager:

van Gülpen Maschinenbau GmbH

Reeser Str. 94

46446 Emmerich

Legal form: Private limited company

Share capital:     EUR             46.016,27

Reg. Data:  06.11.1906

HRB 3477

47533 KLEVE

 

Manager:

Maschinenfabrik Ferd. Gothot Gesellschaft

mit beschränkter Haftung

Reeser Str. 70

46446 Emmerich

Legal form: Private limited company

Share capital:     EUR            202.471,58

Reg. Data:  15.07.1980

HRB 2814

47533 KLEVE

 

 

Manager:

Songwa Estates GmbH

Reeser Str. 94

46446 Emmerich

Legal form: Private limited company

Share capital:     EUR             30.000,00

Reg. Data:  06.07.2007

HRB 8684

47533 KLEVE

 

 

Further functions/participations of Wim

Abbing (Manager)

 

Manager:

van Gülpen Maschinenbau GmbH

Reeser Str. 94

46446 Emmerich

Legal form: Private limited company

Share capital:     EUR             46.016,27

Reg. Data:  06.11.1906

HRB 3477

47533 KLEVE

 

Manager:

Kirsch & Mausser Gesellschaft mit

beschränkter Haftung

Reeser Str. 85

46446 Emmerich

Legal form: Private limited company

Share capital:     EUR             25.564,59

Reg. Data:  10.12.1963

HRB 3486

47533 KLEVE

 

Manager:

Alb. von Tarnogrocki GmbH

Reeser Str. 94

46446 Emmerich

Legal form: Private limited company dormant

Share capital:     EUR             60.000,00

Reg. Data:  02.09.1994

HRB 3066

47533 KLEVE

 

 

BUSINESS HISTORY

 

07.10.1985

Hermann Bauermeister Maschinenfabrik G.m.b.H.

Oststr. 40

22844 Norderstedt

Private limited company

 

06.10.1997

Bauermeister Verfahrenstechnik GmbH

Oststr. 40

22844 Norderstedt

Private limited company

 

20.01.2005

Bauermeister Verfahrenstechnik GmbH

Reeser Str. 94

46446 Emmerich

Private limited company

 

21.01.2005

Probat-Werke von Gimborn Maschinenfabrik GmbH

Reeser Str. 94

46446 Emmerich

Private limited company

 

 

BUSINESS ACTIVITIES

 

29240

MANUFACTURE OF MACHINES FOR NON-SPECIFIED USE N.E.C.

 

51872

Wholesale of other machines (excl. agricultural machines)

 

 

BRANCHES AND FACTORIES

 

Branch:

Probat-Werke von Gimborn Maschinenfabrik

GmbH Zweigniederlassung Norderstedt

Oststr. 40

22844 Norderstedt

Comm. reg. listing: 02.06.2005

 

 

PARTICIPATION

 

Shareholder:

BAUERMEISTER Zerkleinerungstechnik GmbH

Oststr. 40

22844 Norderstedt

Legal form: Private limited company

Share capital:     EUR             25.000,00

Share:             EUR             25.000,00

Reg. Data:  18.12.2003

HRB 5203 NO

24114 KIEL

Turnover:          EUR         10.000.000,00

Employees:                                50

 

 

Shareholder:

Songwa Estates GmbH

Reeser Str. 94

46446 Emmerich

Legal form: Private limited company

Share capital:     EUR             30.000,00

Share:             EUR             10.000,00

Reg. Data:  06.07.2007

HRB 8684

47533 KLEVE

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Reeser Str. 94

                                    46446 Emmerich

 

Land register documents were not available.

 

 

BANKERS

 

DEUTSCHE BANK, DUISBURG

Sort. code: 35070030

 

DEUTSCHE BANK, ERKRATH

Sort. code: 30070010

 

COMMERZBANK, ESSEN, RUHR

Sort. code: 36040039

 

DRESDNER BANK, DÜSSELDORF

Sort. code: 30080000, Account No: 0786311100

 

DEUTSCHE BANK, HAMBURG

Sort. code: 20070000, Account No: 6288005

 

COMMERZBANK, NORDERSTEDT

Sort. code: 20040000, Account No: 4020301

 

POSTBANK (GIRO), HAMBURG

Sort. code: 20010020, Account No: 571820

 

FIGURES

 

Financial year:               01.01. - 31.12.

Turnover:                       2005     EUR         59.900.000,00

                                    2006     EUR         57.600.000,00

Profit:                            2005     EUR           1.400.000,00

                                    2006     EUR           2.400.000,00

Share capital:                            EUR           6.000.000,00

Value of stocks:                        EUR           9.000.000,00

Equipment:                                EUR              820.000,00

Ac/ts receivable:                       EUR           7.800.000,00

Liabilities:                                  EUR           1.600.000,00

Real estate of the firm:                           EUR              500.000,00

Employees:                               390

Control and profit transfer agreement with:

Probat Werke von Gimborn GmbH & Co KG

46446 Emmerich

 

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.

 

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