MIRA INFORM REPORT

 

 

Report Date :

12.01.2007

 

IDENTIFICATION DETAILS

 

Name :

Trützschler GmbH & Co.

 

 

Registered Office :

Duvenstr. 82-92, 41199 Mönchengladbach

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2006

 

 

Date of Incorporation :

1888

 

 

Com. Reg. No.:

HRA 8800

 

 

Legal Form :

Limited Partnership with Private Limited Company as General partner

 

 

Line of Business :

Manufacture of Machinery for Textile, Apparel and Leather Production

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Maximum Credit Limit :

EUR 150.000

 

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear


name

 

Trützschler GmbH & Co.

 

 

address

 

Kommanditgesellschaft

(Textilmaschinenfabrik)

Duvenstr. 82-92

41199 Mönchengladbach

Telephone         : 02166/6070

Telefax              : 02166/607405

Homepage         : www.truetzschler.de

E-Mail               : info@truetzschler.de

 

 

CONCLUSION

 

The maximum credit is EUR 150.000,00.

 

Business relations are permissible.

 

 

LEGAL FORM   

 

Ltd partnership with priv. ltd. Company as General partner

 

 

Date of foundation

 

1888

 

 

Registered on

 

09.01.1973

 

 

Register of companies

 

Local court 41061 MÖNCHENGLADBACH

 

 

 

 

 

Under

 

HRA 8800

 

 

Total cap. Contribution

 

EUR         20.790.000,00

 

 

General Partner

 

Trützschler Maschinen- Gesellschaft mit

beschränkter Haftung

Duvenstr. 82-92

41199 Mönchengladbach

Legal form: Private limited company

Share capital:     EUR             50.000,00

Reg. Data:  30.07.1962

HRB 2015

41061 MÖNCHENGLADBACH

 

 

Shareholder

 

Hermann Trützschler

Schmölderstr. 203

41239 Mönchengladbach

born 12.11.1924

Share:             EUR             12.750,00

 

 

Shareholder

 

Heinrich Trützschler

Schmölderstr. 92

41239 Mönchengladbach

born 28.02.1957

Share:             EUR             11.600,00

 

 

Shareholder

 

Edda Schürenkrämer

41239 Mönchengladbach

born: Trützschler

Share:             EUR              9.800,00

 

 

Shareholder

 

Cornelia Holzner

Bandelhöhe 22

32756 Detmold

born: Trützschler

Share:             EUR              6.700,00

 

 

Shareholder

 

Gisela Krönig

85635 Höhenkirchen-Siegertsbrunn

born: Trützschler

Share:             EUR              6.700,00

 

 

Shareholder

 

Dr.-Ing. Michael Schürenkrämer

Schmölderstr. 253

41239 Mönchengladbach

born 17.11.1954

Share:             EUR              2.450,00

 

 

Manager

 

Heinrich Trützschler

Schmölderstr. 92

41239 Mönchengladbach

born 28.02.1957

Occupation: Businessman

Marital status: married

spouse      Anne Trützschler

born on 1950

 

 

Manager

 

Dr.-Ing. Michael Schürenkrämer

Schmölderstr. 253

41239 Mönchengladbach

born 17.11.1954

Occupation: Businessman

 

 

Limited Partner

 

Hermann Trützschler

Schmölderstr. 203

41239 Mönchengladbach

born 12.11.1924

Share:             EUR          5.301.450,00

 

 

Limited Partner

 

Heinrich Trützschler

Schmölderstr. 92

41239 Mönchengladbach

born 28.02.1957

Share:             EUR          4.823.280,00

 

 

Limited Partner

 

Edda Schürenkrämer

41239 Mönchengladbach

born: Trützschler

Share:             EUR          4.074.840,00

 

 

Limited Partner

 

Cornelia Holzner

Bandelhöhe 22

32756 Detmold

born: Trützschler

Share:             EUR          2.785.860,00

 

 

Limited Partner

 

Gisela Trützschler

Von-Velsen-Str. 23

41239 Mönchengladbach

Share:             EUR          2.785.860,00

 

 

Limited Partner

 

Dr.-Ing. Michael Schürenkrämer

Schmölderstr. 253

41239 Mönchengladbach

born 17.11.1954

Share:             EUR          1.018.710,00

 

 

BUSINESS ACTIVITIES

 

29540

MANUFACTURE OF MACHINERY FOR TEXTILE, APPAREL AND LEATHER PRODUCTION

 

 

PARTICIPATION

 

Shareholder:

Güsken Textilmaschinenfabrik GmbH

Duvenstr. 82-92

41199 Mönchengladbach

Legal form: Private limited company

Share capital:     EUR             26.000,00

Share:                EUR             26.000,00

Reg. Data:  02.02.2000

HRB 6298

41061 MÖNCHENGLADBACH

Control and profit transfer agreement

 

 

FINANCIAL INFORMATION

 

Payment experience

within agreed terms

 

 

REAL ESTATE

 

Type of ownership:         proprietor

Share:                           100,00 %

Address                        Duvenstr. 82-92

                                    41199 Mönchengladbach

Size:                             103.000,00 sq.m

Value at selling price:    EUR          6.700.000,00

 

Land register documents were not available.

 

 

BANKERS

 

WGZ BANK, DÜSSELDORF

Sort. code: 30060010

WESTLB DÜSSELDORF, DÜSSELDORF

Sort. code: 30050000

DRESDNER BANK, MÖNCHENGLADBACH

Sort. code: 31080015

DEUTSCHE BANK, MÖNCHENGLADBACH

Sort. code: 31070001

COMMERZBANK, MÖNCHENGLADBACH

Sort. code: 31040015

HSBC TRINKAUS & BURKHARDT, DÜSSELDORF

Sort. code: 30030880

 

 

FIGURES

 

Financial year

01.01.2006 - 31.12.2006

Turnover

2004               EUR        188.600.000,00

 

2005               EUR        165.000.000,00

 

2006               EUR        140.000.000,00

Total cap. Contribution

                       EUR          20.790.000,00

Value of stocks

                       EUR          51.500.000,00

Equipment

                       EUR            1.700.000,00

Ac/ts receivable

                       EUR          11.900.000,00

Liabilities

                       EUR          17.700.000,00

Real estate of the firm

                       EUR            6.700.000,00

Employees

750

Branch number

29540

 

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