MIRA INFORM REPORT

 

 

Report Date :

25th January, 2007

 

IDENTIFICATION DETAILS

 

Name :

OPTIMAGS - DR. ZIMMERMANN GMBH

 

 

Registered Office :

Gerwigstr. 69, 76131 Karlsruhe

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2006

 

 

Date of Incorporation :

24.04.1998

 

 

Com. Reg. No.:

HRB 108166

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of Electric Measuring, Control, Navigation etc.Instruments and Equipment

 

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 7.000,00.

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 


Company Name & Address

 

OPTIMAGS - DR. ZIMMERMANN GMBH

Gerwigstr. 69

76131 Karlsruhe

Telephone         : 0721/3528518

Telefax              : 0721/3528528

Homepage         : www.optimags.de

E-Mail               : info@optimags.de

 

 

VAT no.

 

DE193399370

 

 

CONCLUSION

 

The maximum credit is EUR 7.000,00.

Business relations are permissible.

 

 

LEGAL FORM

 

Private limited company

 

 

Date of foundation

 

1998

 

 

Shareholders' agreement

 

02.04.1998

 

 

Registered on

 

24.04.1998

 

 

 

Commercial Register

 

Local court 68159 MANNHEIM

 

 

under

 

HRB 108166

 

 

Share capital

 

EUR             25.564,59

 

 

Shareholder

 

Dr. Clifton Zimmermann

Insterburger Str. 4 b

76139 Karlsruhe

Share                : EUR             25.564,59

 

 

Manager

 

Dr. Clifton Zimmermann

Insterburger Str. 4 b

76139 Karlsruhe

having sole power of representation

Occupation        : Fully qualified engineer

 

 

BUSINESS HISTORY

 

24.04.1998                    Optimags - Dr. Zimmermann GmbH

            Rintheimer Str. 8a

76131 Karlsruhe

Private limited company

01.08.2000                    Optimags-Dr. Zimmermann GmbH

Essenweinstr. 8a

76131 Karlsruhe

Private limited company

01.08.2004                    Optimags - Dr. Zimmermann GmbH

Gerwigstr. 69

76131 Karlsruhe

Private limited company

 

BUSINESS ACTIVITIES

 

33201

MANUFACTURE OF ELECTRIC MEASURING, CONTROL, NAVIGATION ETC.INSTRUMENTS AND EQUIPMENT

 

 

FINANCIAL INFORMATION

 

Payment experience      : within agreed terms

Trend of business           : constant

Order position                : satisfactory

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Gerwigstr. 69 76131 Karlsruhe

 

Land register documents were not available.

 

 

BANKERS

 

SPARKASSE KARLSRUHE, KARLSRUHE, BADEN

Sort. code: 66050101

 

VOLKSBANK KARLSRUHE, KARLSRUHE, BADEN

Sort. code: 66190000

 

 

 FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:            2005               EUR            525.000,00

                      2006               EUR            540.000,00

 Share capital:                          EUR             25.564,59

 Equipment:                              EUR             26.000,00

 Ac/ts receivable:                       EUR             36.000,00

 Liabilities:                            EUR             36.000,00

 Employees:                                                      5

 - Salaried employees:                                           3

 - Freelance:                                                    2

 Branch number:       33201

 

 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