MIRA INFORM REPORT

 

 

Report Date :

15.06.2007

 

IDENTIFICATION DETAILS

 

Name :

Kühme Armaturen GmbH

 

 

Registered Office :

Am Vorort 14, 44894 Bochum, Post Box 70 03 59

 

 

Country :

Germany

 

 

Date of Incorporation :

1980

 

 

Com. Reg. No.:

HRB 2044

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of Machines for Non-Specified Use N.E.C.

 

 

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 50.000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


name & address

 

Kühme Armaturen GmbH

Am Vorort 14

44894 Bochum

Post Box:  70 03 59

Telephone:        0234/29802-0

Telefax:             0234/29802-10

Homepage:        www.kuehme.de

E-Mail:              info@kuehme.de

 

 

VAT no.

 

DE124082558

 

 

CONCLUSION

 

The maximum credit is EUR 50.000,00.

 

Business relations are permissible.

 

 

LEGAL FORM

 

Private limited company

 

 

Date of foundation

 

1980

 

 

Shareholders' agreement

 

17.11.1980

 

 

Registered on

 

05.05.1981

 

 

Commercial Register

 

Local court 44787 BOCHUM

 

 

Under

 

HRB 2044

 

 

Share capital

 

EUR            511.291,88

 

 

Shareholder

 

Ernst Kühme GmbH & Co. KG

Am Vorort 14

Post Box: 70 03 59

44894 Bochum

Legal form: Ltd partnership with priv. ltd. Company as General partner

Total cap. contribution:   EUR      357.904,32

Share:                           EUR      306.775,13

Reg. Data:  01.01.1967

HRA 1807

44787 BOCHUM

 

 

Shareholder

 

Klaus Reusch

Nordknapp 11

45527 Hattingen

born 09.08.1939

Share:             EUR            173.839,24

 

 

Shareholder

 

Werner Kühme

Ostermannstr. 33

44789 Bochum

born 10.11.1938

Share:             EUR             30.677,51

 

 

Manager

 

Klaus Reusch

Nordknapp 11

45527 Hattingen

having sole power of representation

born 09.08.1939

Occupation: Fully qualified engineer

Marital status: married

Children:       2

 

 

Proxy

 

Peter Reusch

44789 Bochum

having sole power of representation

born 09.08.1966

Occupation: Businessman

 

 

Further functions/participations of

Klaus Reusch (Manager)

 

Limited Partner:

Ernst Kühme GmbH & Co. KG

Am Vorort 14

Post Box: 70 03 59

44894 Bochum

Legal form: Ltd partnership with priv. ltd.

Company as General partner

Total cap. contribution: EUR      357.904,32

Share:             EUR            178.952,16

Reg. Data:  01.01.1967

HRA 1807

44787 BOCHUM

 

Shareholder :

Reusch Verwaltungs-GmbH

Am Vorort 14

44894 Bochum

Legal form: Private limited company

Share capital:     EUR             25.564,59

Share:                EUR             12.782,30

Reg. Data:  19.02.1997

HRB 5747

44787 BOCHUM

 

Manager:

whb Energietechnik Gesellschaft mit

beschränkter Haftung

Am Vorort 14

44894 Bochum

Legal form: Private limited company

Share capital:     EUR            500.000,00

Reg. Data:  13.09.1989

HRB 3652

44787 BOCHUM

 

Manager:

Reusch Verwaltungs-GmbH

Am Vorort 14

44894 Bochum

Legal form: Private limited company

Share capital:     EUR             25.564,59

Reg. Data:  19.02.1997

HRB 5747

44787 BOCHUM

 

Manager:

Klaus Reusch Beteiligungsgesellschaft mbH

Am Vorort 14

44894 Bochum

Legal form: Private limited company

Share capital:     EUR             76.150,00

Reg. Data:  23.01.2001

HRB 6935

44787 BOCHUM

 

Liquidator:

Wise Trade und Beteiligungs- gesellschaft

mit beschränkter Haftung

Lohbergstr. 6

44789 Bochum

Legal form: Private limited company in liquidation

Share capital:     EUR             25.564,59

Reg. Data:  29.03.1995

HRB 5233

44787 BOCHUM

 

 

BUSINESS HISTORY

 

17.11.1980

Kühme Gesellschaft mit beschränkter Haftung

Am Vorort 14

44894 Bochum

Private limited company

 

 

BUSINESS ACTIVITIES

 

29240

MANUFACTURE OF MACHINES FOR NON-SPECIFIED USE N.E.C.

 

 

PARTICIPATION

 

Member:

European Valve Alliance EWIV

Emil-Siepmann-Str. 28

59581 Warstein

Legal form: European community of Economic interests

Reg. Data:  28.03.2003

HRA 5029

59821 ARNSBERG

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Am Vorort 14

                                    44894 Bochum

 

Land register documents were not available.

 

 

BANKERS

 

NATIONAL-BANK BOCHUM, BOCHUM

Sort. code: 36020030, Account No: 6 304 494

 

 

FIGURES

 

Financial year:               01.01. - 31.12.

Turnover:                       2005     EUR          8.000.000,00

                                    2006     EUR          8.500.000,00

Share capital:                            EUR             511.291,88

Value of stocks:                        EUR          1.250.000,00

Equipment:                                EUR             500.000,00

Ac/ts receivable:                       EUR          1.500.000,00

Liabilities:                                  EUR          1.000.000,00

Employees:                               75

Branch number:             29240

 

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