MIRA INFORM REPORT

 

 

Report Date :

20.03.2007

 

IDENTIFICATION DETAILS

 

Name :

Labtec Gesellschaft für technologische Forschung und Entwicklung mbH

 

 

Registered Office :

Raiffeisenstr. 3a, 40764 Langenfeld

 

 

Country :

Germany

 

 

Date of Incorporation :

05.02.1990

 

 

Com. Reg. No.:

HRB 45551

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Adult and Other Education 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 15.000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually correct

 

 

Litigation :

Clear

 

 


name & address

 

Labtec Gesellschaft für technologische Forschung und Entwicklung mbH

Raiffeisenstr. 3a

40764 Langenfeld

Telephone         : 02173/97350

Telefax              : 02173/973535

E-Mail               : info@labtec-pharma.com

 

 

CONCLUSION

 

The maximum credit is EUR 15.000,00.

 

Business relations are permissible.

 

 

LEGAL FORM

 

Private limited company

 

 

Date of foundation

 

05.02.1990

 

 

Shareholders' agreement

 

05.02.1990

 

 

Registered on

 

27.03.1990

 

 

Commercial Register

 

Local court 40213 DÜSSELDORF

 

 

Under

 

HRB 45551

 

 

Share capital

 

EUR             55.000,00

 

 

Shareholder

 

Dr. Günter Cordes

Karl-Huschens-Str. 15

42799 Leichlingen

born 14.06.1935

Share:             EUR             33.000,00

 

 

Shareholder

 

Alfred Peter Pielstein

57234 Wilnsdorf

Share:             EUR             22.000,00

 

 

Manager

 

Ingo Lehrke

51067 Köln

born 04.07.1968

 

 

Manager

 

Dr. Günter Cordes

Karl-Huschens-Str. 15

42799 Leichlingen

having sole power of representation

born 14.06.1935

Occupation: Pharmacist

Marital status: married

 

 

Manager

 

Peter Klaffenbach

40699 Erkrath

authorized to jointly represent the company

born 01.02.1964

Occupation: Businessman

 

 

BUSINESS HISTORY

 

05.02.1990

Labtec Gesellschaft für technologische

Forschung und Entwicklung mbH

Am Kieswerk 4

40789 Monheim

Private limited company

 

22.04.1994

Labtec Gesellschaft für technologische

Forschung und Entwicklung mbH

Raiffeisenstr. 3a

40764 Langenfeld

Private limited company

 

 

BUSINESS ACTIVITIES

 

8042

ADULT AND OTHER EDUCATION N.E.C

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Raiffeisenstr. 3a

                                    40764 Langenfeld

 

Private real estate

 

Name                            Günter Cordes

Type of ownership:         part owner

Share:                           50,00 %

Address                        Karl-Huschens-Str. 15

                                    42799 Leichlingen

 

Land register documents were not available.

 

 

BANKERS

 

BAYER HYPO- UND VEREINSBANK, DÜSSELDORF

Sort. code: 30220190

 

 

FIGURES

 

Financial year:               01.01. - 31.12.

Turnover:                       2006     EUR            800.000,00

Share capital:                            EUR              55.000,00

Employees:                               12

Branch number:             8042

 

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