MIRA INFORM REPORT

 

 

 

Report Date :

31st January, 2007

 

IDENTIFICATION DETAILS

 

Name :

ROLF EHLERS GMBH

 

 

Registered Office :

Bauerweg 30 25335 Elmshorn

 

 

Country :

Germany

 

 

Date of Incorporation :

20.04.1993

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Non-specialized wholesale of raw materials, semi-finished and finished goods

 

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 100.000,00.

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


 

 

Company name & address

 

Rolf Ehlers GmbH

Bauerweg 30

25335 Elmshorn

Telephone: 040/53940707

 

 

 CONCLUSION

 

 The maximum credit is EUR 100.000,00.

 Business relations are permissible.

 

 

LEGAL FORM

 

Private limited company

 

 

Date of foundation

 

20.04.1993

 

 

Begin of Business activities

 

20.04.1993

 

 

Shareholders' agreement               

 

20.04.1993

 

 

Registered on     

 

20.08.1993

 

 

Commercial Register

 

Local court 25421 PINNEBERG

under:               HRB 1280 EL

 

 

Share capital                         

 

EUR             32.000,00

 

 

Shareholder

 

Rolf Ehlers

Nibelungenring 12

25337 Elmshorn

born 21.10.1932

Share:                                       EUR             32.000,00

 

 

Manager

 

Michael Sager

21079 Hamburg

having sole power of representation

born 27.10.1957

Occupation        : Businessman

Marital status    : unknown

 

 

BUSINESS HISTORY

 

Beginning of business activities:20.04.1993

 

 

BUSINESS ACTIVITIES

 

51901

Non-specialized wholesale of raw materials, semi-finished and

finished goods

 

 

PARTICIPATION

 

General Partner:

 

Rolf Ehlers GmbH & Co.

Kommanditgesellschaft

Bauerweg 30

25335 Elmshorn

Legal form         : Ltd partnership with priv. ltd.

Company as General partner

dissolved

Total cap. contribution:                           EUR        5.112,92

Reg. Data          :  20.08.1993

HRA 1119

25335 ELMSHORN

 

 

FINANCIAL INFORMATION

 

Solvency rating:      2,2

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership          : Tenant

Address                        :Nibelungenring 12

 25337 Elmshorn

 

Land register documents were not available.

 

 

BANKERS

 

SPARKASSE ELMSHORN, ELMSHORN

Sort. code: 22150000

DEUTSCHE BANK PRIVAT UND GESCHÄFTSKUNDEN, ELMSHORN

Sort. code: 20070024

 

 

FIGURES

 

Financial year:                                                                                                   01.01.2005         -     31.12.2005

Turnover                                                            2004                             EUR                   10.000.000,00

2005                             EUR                    10.000.000,00

Share capital                                                                                         EUR                           32.000,00

Value of stocks:                                                                                     EUR                         500.000,00

Equipment:                                                                                            EUR                           25.000,00

Employees:                                                                                                                                         3

Branch number:                                                                                                                           51901

 


 

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

 

 

 

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