MIRA INFORM REPORT

 

 

Report Date :

31.07.2007

 

IDENTIFICATION DETAILS

 

Name :

Hohe-Modelle Maria Hohe GmbH & Co. KG

 

 

Registered Office :

Kleiner Johannes 21, 91257 Pegnitz, Post Box 13 67

 

 

Country :

Germany

 

 

Date of Incorporation :

04.11.1958

 

 

Com. Reg. No.:

HRA 1183

 

 

Legal Form :

Limited partnership with private limited Company as General partner

 

 

Line of Business :

Manufacture of Women's and Girl's outwear made of Woven Fabrics

Manufacture of Clothing Accessories nec

 

 

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

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


name & address

 

Hohe-Modelle Maria Hohe GmbH & Co. KG

Kleiner Johannes 21

91257 Pegnitz

Post Box:  13 67

Telephone:        09241/722-0

Telefax:             09241/722-101

Homepage:        www.hohe.de

E-Mail:              hohe@hohe.de

 

 

VAT no.

 

DE132348484

 

 

CONCLUSION

 

Business relations are permissible.

 

The company is considered solvent for credits within its scope of business.

 

 

LEGAL FORM 

 

Ltd partnership with priv. ltd. Company as General partner

 

 

Date of foundation

 

04.11.1958

 

 

Registered on

 

04.11.1958

 

 

Register of companies

 

Local court 95444 BAYREUTH

 

 

Under

 

HRA 1183

 

 

Total cap. Contribution

 

EUR            511.291,88

 

 

General Partner

 

Hohe Verwaltungsgesellschaft mit

beschränkter Haftung

Kleiner Johannes 21

91257 Pegnitz

Legal form: Private limited company

Share capital:     EUR             25.564,59

Reg. Data:  28.04.1971

HRB 200

95444 BAYREUTH

 

 

Shareholder

 

Gerd Hohe

Graserstr. 5

95448 Bayreuth

born 24.02.1945

Share:             EUR             25.564,59

 

 

Manager

 

Gerd Hohe

Graserstr. 5

95448 Bayreuth

born 24.02.1945

Occupation: Businessman

Marital status: married

Children:       2

 

 

Proxy

 

Maximilian Hohe

95445 Bayreuth

having sole power of representation

born 05.08.1980

 

 

Limited Partner

 

Gerd Hohe

Graserstr. 5

95448 Bayreuth

born 24.02.1945

Share:             EUR            511.291,88

 

 

Proxy

 

Maximilian Hohe

95445 Bayreuth

having sole power of representation

born 05.08.1980

 

 

Proxy

 

Markus Perl

Brunnenweg 1

90607 Rückersdorf

authorized to jointly represent the company

born 08.10.1964

 

 

Proxy

 

Brigitte Tiemann-Hohe

95444 Bayreuth

born: Tiemann

 

 

Proxy

 

Thomas Kast

Gutrunestr. 11

95445 Bayreuth

 

 

Proxy

 

Martin Winkler

Neuhofer Str. 3

95473 Creußen

 

 

BUSINESS ACTIVITIES

 

18222

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

 

18245

MANUFACTURE OF CLOTHING ACCESSORIES NEC

 

 

FINANCIAL INFORMATION

 

Payment experience:  within periods customary in this trade

 

 

REAL ESTATE

 

Type of ownership:         proprietor

Share:                           100,00 %

Address                        Kleiner Johannes 21

                                    91257 Pegnitz

Value at selling price:     EUR          5.700.000,00

 

Land register documents were not available.

 

 

BANKERS

 

BAYER HYPO- UND VEREINSBANK, BAYREUTH

Sort. code: 77320072

 

DEUTSCHE BANK, BAYREUTH

Sort. code: 76070012

 

DRESDNER BANK, BAYREUTH

Sort. code: 76080040

 

SPARKASSE BAYREUTH, PEGNITZ

Sort. code: 77350110

 

VOLKSBANK-RAIFFEISENBANK BAYREUTH, BAYREUTH

Sort. code: 77390000

 

 

FIGURES

 

Financial year:               01.01. - 31.12.

Turnover:                       2006     EUR         29.000.000,00

Total cap. contribution:                           EUR              511.291,88

Value of stocks:                        EUR           4.500.000,00

Ac/ts receivable:                       EUR           4.000.000,00

Liabilities:                                  EUR           3.500.000,00

- shortterm:                               EUR           1.000.000,00

- longterm:                                 EUR           2.500.000,00

Real estate of the firm:                           EUR           5.700.000,00

Employees:                               190

Branch number:             18222 / 18245

 

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

 

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

 

 

 

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