MIRA INFORM REPORT

 

 

Report Date :

31st January, 2007

 

IDENTIFICATION DETAILS

 

Name :

WALTER KAMES MASCHINEN

 

 

Registered Office :

Vertriebsgesellschaft MbH, Dillenburger Weg 34, 40229 Düsseldorf.

 

 

Country :

Germany

 

 

Financials (as on) :

31/12/2005

 

 

Date of Incorporation :

19.11.1985

 

 

Com. Reg. No.:

HRB 20370

 

 

Legal Form :

Private limited company

 

 

Line of Business :

Wholesalers of other 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

 

Walter Kames Maschinen-

Vertriebsgesellschaft mbH

Dillenburger Weg 34

40229 Düsseldorf

Telephone: 0211/215066

Telefax:   0211/215067

Homepage:  www.walter-kames.com

 

 

CONCLUSION

 

The maximum credit is EUR 60.000,00.

Business relations are permissible.

 

 

LEGAL FORM

 

Private limited company

 

 

Date of foundation

 

1985

 

 

Shareholders' agreement

 

25.10.1985

 

 

Registered on

 

19.11.1985

 

 

Commercial Register

 

Local court 40213 DÜSSELDORF

 

 

Under

 

HRB 20370

Share capital

 

EUR            102.258,38

 

 

Shareholder

 

Walter Kames

Mozartstr. 24

42781 Haan

born 24.03.1928

Share: EUR 102.258,38

 

 

Manager

 

Walter Kames

Mozartstr. 24

42781 Haan

having sole power of representation

born 24.03.1928

Occupation: Businessman

Marital status: married

 

 

Manager

 

Ralf Jürgen Cichy

42799 Leichlingen

having sole power of representation

Occupation: Businessman

 

 

BUSINESS ACTIVITIES

 

51872

Wholesale of other machines (excl. agricultural machines)

 

 

BRANCHES AND FACTORIES

 

Branch:

Walter Kames Werkzeugmaschi- nenvertriebs

GmbH

Ledebourstr. 73a

12623 Berlin

Legal form: Legally dependent establishment

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Dillenburger Weg 34

40229 Düsseldorf

 

Private real estate

Name                            Walter Kames

Type of ownership:         unknown

Address                        Mozartstr. 24

42781 Haan

 

Land register documents were not available.

 

 

BANKERS

 

DEUTSCHE BANK, DÜSSELDORF

Sort. code: 30070010

KREISSPARKASSE DÜSSELDORF, DÜSSELDORF

Sort. code: 30150200

 

 

FIGURES

 

Financial year:                           01.01.2005 - 31.12.2005

Turnover             2005               EUR          4.800.000,00

Share capital                           EUR            102.258,38

Equipment:                              EUR             80.000,00

Total number of vehicles:                                       2

Employees:                                                     19

 

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

 

 

 

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