MIRA INFORM REPORT

 

 

Report Date :

14th February, 2007

 

IDENTIFICATION DETAILS

 

Name :

F. LINSTER & CO. GMBH

 

 

Registered Office :

Zeppelinstr. 16-18, 84544 Aschau

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2005

 

 

Date of Incorporation :

16.04.1985

 

 

Com. Reg. No.:

HRB 4235

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesale Trade in iron, steel and iron and steel 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 250.000,00

 

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


Company Name & Address

 

F. Linster & Co. GmbH

Zeppelinstr. 16-18

84544 Aschau

Telephone         : 08638-956-0

Telefax              : 08638-2131

Homepage         : www.linster.de

E-Mail               : Thomas@linster.de

 

 

VAT no.

 

DE811239091

 

 

Tax ID number

 

141/167/50806

 

 

CONCLUSION

 

The maximum credit is EUR 250.000,00.

Business relations are permissible.

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

1952

 

 

Shareholders' agreement             

 

 09.01.1985

 

 

 

Registered on

 

16.04.1985

 

 

Commercial Register

 

Local court 83278 TRAUNSTEIN

 

 

Under

 

HRB 4235

 

Share capital

 

EUR            613.550,26

 

 

Shareholder

 

Thomas Linster

Lärchenstr. 23

84544 Aschau

born 14.03.1956

Share:             EUR            204.516,75

 

 

Shareholder

 

Alexander Linster

Lärchenstr. 1

84544 Aschau

born 29.09.1960

Share:             EUR            204.516,75

 

 

Shareholder

 

Gabriele Petri

84544 Aschau

Share:             EUR            204.516,75

 

 

Manager

 

Thomas Linster

Lärchenstr. 23

84544 Aschau

having sole power of representation

born 14.03.1956

Occupation: Businessman

Marital status: married

 

 

Manager

 

Alexander Linster

Lärchenstr. 1

84544 Aschau

having sole power of representation

born 29.09.1960

Occupation: Businessman

Marital status: married

 

 

Proxy

 

Franz Pfeiffer

84478 Waldkraiburg

born 25.06.1965

 

 

Proxy

 

Norbert Herden

84478 Waldkraiburg

born 12.12.1963

 

 

Further functions/participations of Thomas Linster (Manager)

 

Shareholder

 

LST Linster Stainless Trading GmbH

Im Hock 10-12

40721 Hilden

Legal form: Private limited company

Share capital     : EUR             75.000,00

Share                : EUR             25.000,00

Reg. Data:  19.10.2000

HRB 39675

40213 DÜSSELDORF

Employees:                                 4

 

Shareholder

 

SL Piping GmbH

Im Hock 10-12

40721 Hilden

Legal form: Private limited company

Share capital     : EUR            100.000,00

Share                : EUR             22.500,00

Reg. Data:  19.03.2004

HRB 50401

40213 DÜSSELDORF

Employees:                                 5

 

Manager

 

BOWA GmbH Apparate- und Behälterbau

Liebigstr. 2

84544 Aschau

Legal form: Private limited company

Share capital:     EUR            255.645,94

Reg. Data:  15.03.1948

HRB 79

83278 TRAUNSTEIN

 

 

Further functions/participations of Alexander Linster (Manager)

 

Shareholder

 

LST Linster Stainless Trading GmbH

Im Hock 10-12

40721 Hilden

Legal form: Private limited company

Share capital     : EUR             75.000,00

Share                : EUR             25.000,00

Reg. Data:  19.10.2000

HRB 39675

40213 DÜSSELDORF

Employees:                                 4

 

Shareholder

 

SL Piping GmbH

Im Hock 10-12

40721 Hilden

Legal form: Private limited company

Share capital     : EUR            100.000,00

Share                : EUR             22.500,00

Reg. Data:  19.03.2004

HRB 50401

40213 DÜSSELDORF

Employees:                                 5

 

Manager

 

BOWA GmbH Apparate- und Behälterbau

Liebigstr. 2

84544 Aschau

Legal form: Private limited company

Share capital:     EUR            255.645,94

Reg. Data:  15.03.1948

HRB 79

83278 TRAUNSTEIN

 

 

BUSINESS ACTIVITIES

 

51522

WHOLESALE TRADE IN IRON, STEEL AND IRON AND STEEL SEMI-FINISHED PRODUCTS

 

 

PARTICIPATION

 

Shareholder

 

BOWA GmbH Apparate- und Behälterbau

Liebigstr. 2

84544 Aschau

Legal form: Private limited company

Share capital     : EUR            255.645,94

Share                : EUR            240.307,18

Reg. Data:  15.03.1948

HRB 79

83278 TRAUNSTEIN

Turnover            : EUR          8.208.000,00

Employees:                                40

 

 

FINANCIAL INFORMATION

 

Payment experience:  without complaints

 

 

REAL ESTATE

 

Type of ownership:   Tenant

Address              Zeppelinstr. 16-18

84544 Aschau

 

Land register documents were not available.

 

 

BANKERS

 

KREISSPARKASSE MÜHLDORF, ASCHAU A. INN

Sort. code: 71151020

 

RAIFFBK WALDKRAIBURG-ASCHAU-HELDENSTEIN -ALT-, WALDKRAIBURG

Sort. code: 70169593

 

COMMERZBANK, WALDKRAIBURG

Sort. code: 71142041

 

 

FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:            2005               EUR         21.000.000,00

 Share capital:                          EUR            613.550,26

 Value of stocks:                        EUR          6.575.200,00

 Equipment:                              EUR            155.564,00

 Ac/ts receivable:                       EUR          3.125.444,00

 Liabilities:                            EUR          4.283.835,00

 Real estate of the firm:                EUR                  1,00

 Employees:                                                     40

 Branch number:       51522

 

 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