MIRA
INFORM REPORT
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Report Date : |
14.06.2007 |
IDENTIFICATION DETAILS
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Name : |
Ernst Koch
GmbH & Co. KG |
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Registered Office : |
Sternstr.
9, 58675 Hemer, Post Box 5048 |
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Country : |
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Date of Incorporation : |
1952 |
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Com. Reg. No.: |
HRA 615 |
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Legal Form : |
Limited
partnership with private limited Company as General partner |
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Line of Business : |
Wire
Drawing Manufacture
of Machines for Non-Specified Use N.E.C. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
EUR 250.000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
Ernst Koch GmbH & Co. KG
Sternstr. 9
58675 Hemer
Post Box: 5048
Telephone: 02372/985500
Telefax: 02372/985167
Homepage: www.koch-ihmert.de
E-Mail: sales@koch-ihmert.de
VAT no.
DE125570753
Tax ID number
328/5740/0245
CONCLUSION
The maximum credit is EUR 250.000,00.
Business relations are permissible.
LEGAL FORM
Ltd partnership with priv. ltd. Company as General partner
Date of foundation
1952
Begin of Business activities
1952
Registered on
16.09.1952
Register of companies
Local court 58636 ISERLOHN
Under
HRA 615
Total cap. Contribution
EUR 5.200.000,00
General Partner
Koch Maschinen Gesellschaft mit
beschränkter Haftung
Sternstr. 9
58675 Hemer
Legal form: Private limited company
Share capital: EUR 26.000,00
Reg. Data: 24.06.1969
HRB 181
58636 ISERLOHN
Shareholder
WAFIOS Aktiengesellschaft
Silberburgstr. 5
Post Box: 2941
72764 Reutlingen
Legal form: Public limited company
Share capital: EUR 15.600.000,00
Share:
EUR 10.700,00
Reg. Data: 12.10.1998
HRB 353427
70190 STUTTGART 1
Employees: 750
Shareholder
Jochen Koch
Sternstr. 13
58675 Hemer
born 31.05.1961
Share: EUR 8.000,00
Shareholder
Morgan Construction Company
15. Belmont Street
USA - Worcester, Massachusetts
Legal form: Private limited company
Share: EUR 3.870,00
Shareholder
Gunther Koch
Kurze Str. 8
58675 Hemer
born 26.07.1965
Share: EUR 2.830,00
Shareholder
Albrecht Koch
Brinkstr. 8
58675 Hemer
born 12.09.1923
Share: EUR 300,00
Shareholder
Erna Koch
Kurze Str. 8
58675 Hemer
born: Schulte
born 09.03.1924
Share: EUR 300,00
Manager
Jochen Koch
Sternstr. 13
58675 Hemer
having sole power of representation
born 31.05.1961
Occupation: Businessman
Marital status: married
Manager
Thomas-Johannes Voß
58675 Hemer
authorized to jointly represent the company
born 27.05.1963
Occupation: Industrial manager
Proxy
Georg Floren
58636 Iserlohn
authorized to jointly represent the company
born 22.08.1962
Proxy
Klaus Fleck
58452 Witten
authorized to jointly represent the company
born 14.10.1963
Limited Partner
WAFIOS Aktiengesellschaft
Silberburgstr. 5
Post Box: 2941
72764 Reutlingen
Legal form: Public limited company
Share capital: EUR 15.600.000,00
Share:
EUR 2.340.000,00
Reg. Data: 12.10.1998
HRB 353427
70190 STUTTGART 1
Employees: 750
Limited Partner
Jochen Koch
Sternstr. 13
58675 Hemer
born 31.05.1961
Share: EUR 1.456.000,00
Limited Partner
Morgan Construction Company
15. Belmont Street
USA - Worcester, Massachusetts
Legal form: Private limited company
Share: EUR 780.000,00
Limited Partner
Gunther Koch
Kurze Str. 8
58675 Hemer
born 26.07.1965
Share: EUR 416.000,00
Limited Partner
Albrecht Koch
Brinkstr. 8
58675 Hemer
born 12.09.1923
Share: EUR 104.000,00
Limited Partner
Erna Koch
Kurze Str. 8
58675 Hemer
born: Schulte
born 09.03.1924
Share: EUR 104.000,00
BUSINESS HISTORY
Beginning of business activities:1952
BUSINESS ACTIVITIES
27340
WIRE DRAWING
29240
MANUFACTURE OF MACHINES FOR NON-SPECIFIED USE N.E.C.
FINANCIAL INFORMATION
Payment experience: cash
discount/within agreed terms
REAL ESTATE
Type of ownership: proprietor
Share: 100,00 %
Address Sternstr. 9
58675
Hemer
Type of real estate: factory
building
Size: 17.000,00 sq.m
Value at selling price: EUR
4.602.000,00
Encumbrances: EUR
1.023.000,00
Private real estate
Name Koch Maschinen Gesellschaft mit
beschränkter Haftung
Type of ownership: Tenant
Address Sternstr. 9
58675 Hemer
Land register documents were not available.
BANKERS
COMMERZBANK, ISERLOHN
Sort. code: 44540022
LRP LANDESBANK RHEINLAND-PFALZ -GIROZENTRALE-, KOBLENZ AM RHEIN
Sort. code: 55050000
BAYER HYPO- UND VEREINSBANK, DORTMUND
Sort. code: 44020090
VOLKSBANK ISERLOHN ZNDL DER MÄRKISCHEN BANK, ISERLOHN
Sort. code: 45060009
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2005 EUR
34.750.904,00
2006 EUR
42.757.836,00
Expected turnover: 2007 EUR
50.000.000,00
Profit: 2005 EUR
1.692.859,00
2006 EUR 470.677,00
Total cap. contribution: EUR
5.200.000,00
Equipment: EUR 223.898,00
Ac/ts receivable: EUR 7.476.739,00
Liabilities: EUR 5.578.864,00
Real estate of the firm: EUR
1.734.764,00
Total number of vehicles:
6
- Cars (owned): 6
Employees: 138
- Salaried employees: 67
- Workers: 60
- Part-time employees: 4
- Trainees: 7
Branch number: 27340 / 29240
Approximate figures are given.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average/normal. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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%)