MIRA INFORM REPORT

 

 

Report Date :

12.02.2007

 

IDENTIFICATION DETAILS

 

Name :

SCHUHMACHER GMBH

 

 

Registered Office :

Bruchstücker 3 76661 Philippsburg

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2005

 

 

Date of Incorporation :

31.05.2000

 

 

Com. Reg. No.:

HRB 250705

 

 

Legal Form :

Private limited company

 

 

Line of Business :

Wholesale Trade in Non-Ferrous Metals and Semi-Finished Products

 

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 35.500,00

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 


Company Name & Address

 

Schuhmacher GmbH

Bruchstücker 3

76661 Philippsburg

Telephone                     : 07256/92390

Telefax                          : 07256/92392

Homepage                     : www.schuhmacher-seb.de

E-Mail                           : info@schuhmacher-seb.de

 

 

CONCLUSION

 

The maximum credit is   EUR 35.500,00.

Business relations are permissible.

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

1976

 

 

Shareholders' agreement

 

20.02.1995

 

 

Registered on

 

31.05.2000

 

 

Commercial Register

 

Local court 68159 MANNHEIM

 

 

Under

 

HRB 250705

 

 

Share capital

 

EUR            400.000,00

 

We still have investigations at the competent Local court yet to come. We will supply a supplement report as soon as possible.

 

 

Shareholder

 

Wolfgang Schuhmacher

Rotkreuzstr. 15

68753 Waghäusel

born 19.11.1946

Share:                           EUR             92.500,00

 

 

Shareholder

 

Marco Schuhmacher

Sachsenallee 6

68753 Waghäusel

born 14.03.1976

Share:                           EUR             50.000,00

 

 

Shareholder

 

Michael Schuhmacher

Friedrich-Ebert-Str. 39

68753 Waghäusel

born 15.06.1973

Share:                           EUR              7.500,00

 

 

Manager

 

Michael Schuhmacher

Lindenallee 26

68753 Waghäusel

having sole power of representation

born 21.03.1963

Marital status: single

 

 

Manager

 

Marco Schuhmacher

Sachsenallee 6

68753 Waghäusel

having sole power of representation

born 14.03.1976

Occupation: Specialist in wholesale and

foreign trade

 

 

BUSINESS HISTORY

 

1976                            Gerda Schuhmacher Klemmleistenvertrieb

Rotkreuzstr. 15

68753 Waghäusel

Unregistered commercial enterprise

 

29.03.1995                    Schuhmacher Gmbh

Sperberstr. 8

68753 Waghäusel

Private limited company

 

22.07.1998                    Schuhmacher Gmbh

Rheinfeldstr. 67

67354 Römerberg

Private limited company

 

31.05.2000                    Schuhmacher GmbH

Bruchstücker 3

76661 Philippsburg

Private limited company

 

 

BUSINESS ACTIVITIES

 

51523

WHOLESALE TRADE IN NON-FERROUS METALS AND SEMI-FINISHED PRODUCTS

 

 

FINANCIAL INFORMATION

 

Solvency rating:                         2,0

Payment experience:                 within agreed terms

Trend of business:                      constant

Order position:                           satisfactory

 

 

REAL ESTATE

 

Type of ownership                      :Tenant

Address                                    :Bruchstücker 3 76661 Philippsburg

 

Private real estate

Name                                        :Michael Schuhmacher

Type of ownership                      : Tenant

Address                                    :Lindenallee 26 68753 Waghäusel

 

Land register documents were not available.

 

 

BANKERS

 

SPARKASSE KARLSRUHE, PHILIPPSBURG, BADEN

Sort. code: 66351642

 

VOLKSBANK SPEYER-NEUSTADT-HOCKENHEIM, SPEYER

Sort. code: 54790000

 

 

FIGURES

 

 Financial year:                           01.01.2005 - 31.12.2005

 Turnover             2003               EUR          2.100.000,00

                      2004               EUR          2.100.000,00

                      2005               EUR          2.100.000,00

 Expected turnover:   2006               EUR          2.200.000,00

 Share capital                           EUR            400.000,00

 Value of stocks:                        EUR            205.000,00

 Equipment:                              EUR            153.000,00

 Ac/ts receivable:                       EUR            205.000,00

 Liabilities:                            EUR            102.000,00

 Employees:                                                      2

 Branch number:       51523

 

 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