MIRA INFORM REPORT

 

 

Report Date :

15th February, 2007

 

IDENTIFICATION DETAILS

 

Name :

LUIF GESELLSCHAFT M.B.H.

 

 

Registered Office :

Osterleitengasse  7a, A-1190 Wien

 

 

Country :

Austria

 

 

Financials (as on) :

31.12.2005

 

 

Date of Incorporation :

14.03.1988

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesale of textiles.

 

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  28.000,00

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 

Basic company information

 

Company name:

Luif Gesellschaft m.b.H.

Status:

active company

Locations:

Osterleitengasse  7a, A-1190 Wien

Phone:

(1) 3691774

Fax:

(1) 3691775

E-mail:

office@americalatina.at

Internet:

http://www.americalatina.at

Activities:

Önace 514100 100% Wholesale of textiles

 

General Assessment:

Very low risk

Rating of this company is better than industry average.

 

Recommendation

We recommends to establish a business and credit relationship, and to benefit from arising business opportunities.

 

Detail Assessment:

Merchandise is mainly imported. Domestic obligations are settled within net agreements.

 

Financial situation is good.

 

Maximum credit EUR  28.000,00

 

 

Additional company information

 

Year of incorporation:

1988

 

Type of company:

wholesale

 

Legal form:

limited liability company since 1988-02-11

 

Firmenbuchnummer:

FN 113838 i Wien 1988-03-14

 

Activities:

 

 

Trade names:

America Latina

 

VAT number:

ATU 14332300

 

number - Austrian National Bank:

654132

 

 

Import 

Country 

 

 

 

Import

Guatemala

 

2007

 

Import

Mexico

 

2007

 

Import

Peru

 

2007

 

Import

Asia

 

2007

 

 

 

Financial data

 

total turnover (total sales)

2006

EUR  1.100.000,00

(estimated)

total employees

2007

3

(approx.)

 

Extraxt from the Companies' House

 

firm (style):

    1      Luif Gesellschaft m.b.H.

legal form:

    1      Gesellschaft mit beschränkter Haftung

registered office:

    1      politischer Gemeinde Wien

business adress:

    1      Osterleiteng. 7a
           1190 Wien

capital:

    1      ATS 500.000

reference date annual accounts:

    1      31. Dezember

annual accounts:

   10      zum 31.12.2005 eingereicht am 03.05.2006

power of representation:

    1      Die Generalversammlung bestimmt, wenn mehrere Geschäfts-
           führer bestellt sind, deren Vertretungsbefugnis.
    1   Gesellschaftsvertrag  vom 11.02.1988                                001

managing director:

         A   Mag Irmgard Luif-Kretschy, geb. 14.06.1952
    1        vertritt seit 14.03.1988 selbständig
         B   Mag Georg Luif, geb. 04.11.1949
    1        vertritt seit 14.03.1988 selbständig

shareholder:

         A   Mag Irmgard Luif-Kretschy, geb. 14.06.1952
   11        ......................  ATS 450.000
   11        .................................................  ATS 450.000
         B   Mag Georg Luif, geb. 04.11.1949
   11        .......................  ATS 50.000
   11        ..................................................  ATS 50.000
                        -------------------------------------------------------
                 Summen:             ATS 500.000                ATS 500.000

general table:

 Handelsgericht Wien
   1 Ersterfassung abgeschlossen am 23.08.1994  Geschäftsfall 909 Fr  2499/94 i
       Ersterfassung gem. Art. XXIII Abs. 4 FBG
   2 eingetragen am 19.11.1998                  Geschäftsfall  74 Fr  8545/98 x
       Antrag auf Änderung  eingelangt am 22.09.1998
   3 eingetragen am 08.10.1999                  Geschäftsfall  74 Fr 12048/99 g
       Einreichung Jahresabschluss  eingelangt am 17.09.1999
   4 eingetragen am 30.03.2000                  Geschäftsfall  74 Fr  3524/00 y
       Einreichung Jahresabschluss  eingelangt am 27.03.2000
   5 eingetragen am 05.04.2001                  Geschäftsfall  74 Fr  4259/01 m
       Einreichung Jahresabschluss  eingelangt am 29.03.2001
   6 eingetragen am 19.03.2002                  Geschäftsfall  74 Fr  2426/02 a
       Einreichung Jahresabschluss  eingelangt am 11.03.2002
   7 eingetragen am 27.02.2003                  Geschäftsfall  74 Fr  1579/03 p
       Einreichung Jahresabschluss  eingelangt am 25.02.2003
   8 eingetragen am 16.03.2004                  Geschäftsfall  74 Fr  2081/04 k
       Einreichung Jahresabschluss  eingelangt am 09.03.2004
   9 eingetragen am 03.05.2005
       Einreichung Jahresabschluss  eingelangt am 25.04.2005
  10 eingetragen am 10.05.2006                  Geschäftsfall  74 Fr  3741/06 w
       Einreichung Jahresabschluss  eingelangt am 03.05.2006
  11 eingetragen am 09.01.2007                  Geschäftsfall  74 Fr   114/07 w
       Antrag auf Änderung  eingelangt am 29.12.2006

 

 

Comment on Legal Information

 

Real estate:

 

Registration number of real estate  112  Cadastral register  01508  Oberdöbling W PG: Wien      Status of  2007-01-17 

Part A - type of real estate  :

   (01508) Osterleitengasse 11 + 7a, Weilgasse 1-1b,
   7.638 m2 Gesamtfläche
 

Part B - ownership details  :

   1988 Luif Gesellschaft mbH,     83/6203 (Anteil 143)
 

Part C - registered charges  :

   lastenfrei
 

 

 

Private data

 

 

Surname

 

 

Date of birth

 

 

Address

 

 

Executive positions

 

Further executive positions (as registered in the companies' house)

Mag.  Georg Luif

1949-11-04 

1190 Wien Osterleitengasse 7A

manager,

partner

0

Mag.  Irmgard Luif-Kretschy

1952-06-14 

 

1190 Wien Osterleitengasse 7A

 

manager,

partner

 

0

 

 

 

Balance Sheet 

 

(absolute) all amounts in EUR 

 

 

2005-12-31 

Tangible assets

117.507,00

Sum tangible assets

117.507,00

Sum fixed assets

117.507,00

Stocks

350.049,00

Sum stock

350.049,00

Claims and other assets

269.756,00

Sum claims

269.756,00

Securities and shares

2.345,00

Sum securities and shares

2.345,00

Cash on hand, cheques and bank deposits

-9.396,00

Sum cash and bank

-9.396,00

Sum current assets

612.754,00

Deferred charges

985,00

Sum deferred charges

985,00

Assets

731.246,00

Subscribed/declared capital

36.336,00

Profit reserves

49.580,00

Balance sheet profit/balance sheet loss

304.637,00

Thereof profit/loss carried forward

265.000,00

Sum equity capital

390.553,00

Liabilities

340.692,00

Sum liabilities

340.692,00

Liabilities

731.245,00

Balance sheet sum

731.246,00

 

 

Key ratios

 

 

2005  

Equity capital share

  53,40

Fixed assets coverage

  332,36

 

 

Locations

 

Type

Locations

Description

 

 

E-mail 

operational 

Osterleitengasse  7a, A-1190 Wien

registered office, owned property 

 

 

 

operational 

Osterleitengasse  7a, A-1190 Wien

registered headquarters, owned property 

 

 

office@americalatina.at

former 

Döblinger Hauptstraße  69, A-1190 Wien

branch office 

 

 

 

 

 

 

 

related companies

 

Company name

 

Postal code

 

Stake in %

 

KSV-number

Companies House

 

Shares in this company are held by:

Mag. Irmgard Luif-Kretschy

 

Osterleitengasse  7A, A-1190 Wien

90 % 1994-08-23

 

900.077.390

 

 

Mag. Georg Luif

 

Osterleitengasse  7A, A-1190 Wien

10 % 1994-08-23

 

900.039.590

 

 

 

Affiliated companies and further participations:

Georg Luif

 

Osterleitengasse  7A, A-1190 Wien

 

 

805.435

 

FN 121206 w

 

Mag. Irmgard Luif-Kretschy

 

Mariahilferstraße  77-79, A-1070 Wien

 

 

1.107.850

 

 

 

 

Bankers

 

 

 

 

Banker

Bank sort code

Type of banking connection

Bank Austria Creditanstalt AG, 1011 Wien

 

11000

 

main bank connection

 

 

 

Historical development

 

Year of incorporation:

1988

Date of registration:

1988-03-14


 

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