MIRA INFORM REPORT

 

 

Report Date :

17.07.2007

 

IDENTIFICATION DETAILS

 

Name :

Orsay GmbH

 

 

Registered Office :

Tannenstr. 20, 77731 Willstätt

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2005

 

 

Date of Incorporation :

29.09.1975

 

 

Com. Reg. No.:

HRB 370336

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of Men's And Boy's Outerwear Made Of Woven Fabrics

Manufacture of Women's And Girl's Outwear Made Of Woven Fabrics

Manufacture of Machinery For Textile, Apparel And Leather Production

Wholesale of Clothing And Footwear

 

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

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


name

 

Orsay GmbH

 

 

address

 

Tannenstr. 20

77731 Willstätt

Telephone: 07854/963-0

Telefax:   07854/963909

Homepage:  www.orsay.com

 

 

VAT no.

 

DE142255374

 

 

CONCLUSION

 

The maximum credit is EUR 250.000,00.

 

Business relations are permissible.

 

 

LEGAL FORM 

 

Private limited company

 

 

Date of foundation

 

29.09.1975

 

 

Shareholders' agreement

 

29.09.1975

 

 

Registered on

 

17.11.1975

 

 

Commercial Register

 

Local court 79098 FREIBURG

 

 

Under

 

HRB 370336

 

 

Share capital

 

EUR          1.329.358,89

 

 

Shareholder

 

MHV Handel Maatschappij B.V.

NL Amsterdam

Legal form: Other legal form

Share:             EUR          1.191.529,94

 

 

Shareholder

 

ORSINVEST AG

Frankenweg 48

77767 Appenweier

Legal form: Public limited company

Share capital:     EUR          4.968.000,00

Share:             EUR            132.935,89

Reg. Data:  16.04.1996

HRB 471680

79098 FREIBURG

 

 

Shareholder

 

Societe Civil Obepar S.C.

69 Allee de la Bergerie

F 59420 Mouvaux

Legal form: Other legal form

Share:             EUR              4.893,06

 

 

Manager

 

Ernst Fey

Gottlieb-Fecht-Str. 1

77694 Kehl

born 05.07.1926

Occupation: Businessman

Marital status: single

 

 

Manager

 

Jean-Marc Willer

F - Erstein

having sole power of representation

born 25.01.1958

Nation.: French

 

 

Proxy

 

Carl Martin Forssell

F Strasbourg

having sole power of representation

born 06.12.1961

Nation.: French

 

 

BUSINESS ACTIVITIES

 

18221

MANUFACTURE OF MEN'S AND BOY'S OUTERWEAR MADE OF WOVEN FABRICS

 

18222

MANUFACTURE OF WOMEN'S AND GIRL'S OUTWEAR MADE OF WOVEN FABRICS

 

29540

MANUFACTURE OF MACHINERY FOR TEXTILE, APPAREL AND LEATHER PRODUCTION

 

5142

WHOLESALE OF CLOTHING AND FOOTWEAR

 

 

BRANCHES AND FACTORIES

 

Branch:

Orsay GmbH

Schulstr. 9 Königstr. 17

70173 Stuttgart

Legal form: Legally dependent establishment

 

Branch:

Orsay GmbH

Ludwigstr. 2 Einkaufscenter '

Atrium '

96052 Bamberg

Legal form: Legally dependent establishment

Branch:

Orsay GmbH

Im Lossenfeld 12

77731 Willstätt

Legal form: Legally dependent establishment

 

 

FINANCIAL INFORMATION

 

Payment experience      :  within agreed terms

Trend of business           :  constant

Order position                :  satisfactory

 

 

REAL ESTATE

 

Type of ownership

Tenant

Address

Tannenstr. 20

 

77731 Willstätt

 

Land register documents were not available.

 

 

BANKERS

 

DEUTSCHE BANK, OFFENBURG

Sort. code: 66470035

 

DRESDNER BANK, FREIBURG IM BREISGAU

Sort. code: 68080030

 

 

FIGURES

 

Financial year

01.01.2005 - 31.12.2005

Turnover

2005               EUR        600.000.000,00

Expected turnover

2006               EUR        600.000.000,00

Share capital

EUR          1.329.358,89

Employees

4.000

Branch number

18221 / 18222 / 29540 / 5142

 

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