MIRA INFORM REPORT

 

 

Report Date :

25th January, 2007

 

IDENTIFICATION DETAILS

 

Name :

REINER BRACH GMBH & CO.

 

 

Registered Office :

Kommanditgesellschaft, Auf den Delben 35, 28237 Bremen

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2006

 

 

Date of Incorporation :

21.01.1986

 

 

Com. Reg. No.:

HRA 19495

 

 

Legal Form :

Limited Partnership with Private Limited Company

 

 

Line of Business :

Forging, Pressing, Stamping and Roll Forming of Metal, Powder Metallurgy

 

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 :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 


Company Name & Address

 

REINER BRACH GMBH & CO.

Kommanditgesellschaft

Auf den Delben 35

28237 Bremen

Telephone         : 0421/64362-0

Telefax              : 0421/64362-34

Homepage         : www.brach.de

E-Mail               : info@brach.de

 

 

VAT no.

 

DE114618387

 

 

Tax ID number

 

73/510/20002

 

 

CONCLUSION

 

The maximum credit is EUR 250.000,00.

Business relations are permissible.

 

 

LEGAL FORM         

 

Ltd partnership with priv. ltd. Company as General partner

Begin of

 

 

Business activities

 

04.10.1985

 

 

Registered on

 

21.01.1986

 

 

Register of  companies

    

Local court 28195 BREMEN

 

 

Under

 

HRA 19495

 

 

Total cap. Contribution

 

EUR          9.243.410,89

 

 

General Partner

 

Reiner Brach Verwaltungs- gesellschaft mbH

Auf den Delben 35

28237 Bremen

Legal form                     : Private limited company

Share capital                 : EUR             25.564,59

Reg. Data                      : 19.11.1985

HRB 10735

28195 BREMEN

 

 

Shareholder

 

Reiner Brach

Bergmannstr. 31

45470 Mülheim

born 20.10.1939

Share                : EUR             25.564,59

 

 

Manager

 

Stefan Brach

Von-Bock-Str. 49

45468 Mülheim

having sole power of representation

born 28.01.1971

Occupation        : Businessman

Marital status    : single

 

 

Limited Partner

 

Reiner Brach

Bergmannstr. 31

45470 Mülheim

born 20.10.1939

Share    : EUR          4.153.075,84

 

 

Limited Partner

 

Reny-Stahl AG

FL - Vaduz

Legal form         : Public limited company

Share                : EUR          4.067.751,29

 

 

Limited Partner

 

Arcelor Bremen GmbH

Auf den Delben 35

Post Box: 210220

28237 Bremen

Legal form: Private limited company

Share capital:                EUR        270.000.000,00

Share:                           EUR          1.022.583,76

Reg. Data:                     24.05.1994

HRB 15474

28195 BREMEN

Employees:                             3.781

 

 

BUSINESS HISTORY

 

Beginning of business activities:04.10.1985

 

 

BUSINESS ACTIVITIES

 

2840

FORGING, PRESSING, STAMPING AND ROLL FORMING OF METAL, POWDER METALLURGY

 

 

BRANCHES AND FACTORIES

 

Works:

Reiner Brach GmbH & Co. KG

Werkstr. 16 Gelände EKO

15890 Eisenhüttenstadt

Legal form: Legally dependent establishment

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership          :   leaseholder

Address                        Auf den Delben 35

28237 Bremen

 

Land register documents were not available.

 

 

BANKERS

 

SPARKASSE BREMEN, BREMEN

Sort. code: 29050101

 

DEUTSCHE BANK, BREMEN

Sort. code: 29070050, Account No: 200 23 01

 

BANKHAUS NEELMEYER, BREMEN

Sort. code: 29020000, Account No: 4 819

 

KBC BANK DEUTSCHLAND, BREMEN

Sort. code: 29020100, Account No: 666 662

 

 

 FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:            2005               EUR        140.000.000,00

                      2006               EUR        140.000.000,00

 Total cap. contribution:                EUR          9.243.410,89

 Value of stocks:                        EUR         15.000.000,00

 Equipment:                              EUR          5.800.000,00

 Ac/ts receivable:                       EUR         11.500.000,00

 Liabilities:                            EUR          6.486.667,00

 Real estate of the firm:                EUR          1.930.249,00

 Employees:                                                    230

 Branch number:       2840

 

 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