MIRA INFORM REPORT

 

 

Report Date :

27.03.2007

 

IDENTIFICATION DETAILS

 

Name :

Graewe GmbH Maschinenbau

 

 

Registered Office :

Max-Planck-Str. 1, 79395 Neuenburg

 

 

Country :

Germany

 

 

Date of Incorporation :

1981

 

 

Com. Reg. No.:

HRB 300198

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Retail Sale of other Second-Hand Goods

Manufacture of other Special Purpose Machinery 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 90.000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


name & address

 

Graewe GmbH Maschinenbau

Max-Planck-Str. 1

79395 Neuenburg

Telephone         : 07631/7944-0

Telefax              : 07631/794422

Homepage         : www.graewe.com

E-Mail               : info@graewe.com

 

 

CONCLUSION

 

The maximum credit is EUR 90.000,00.

 

Business relations are permissible.

 

 

LEGAL FORM    

 

Private limited company

 

 

Date of foundation

 

1981

 

 

Shareholders' agreement

 

14.01.1981

 

 

Registered on

 

30.03.1981

 

 

Commercial Register

 

Local court 79098 FREIBURG

 

 

Under

 

HRB 300198

 

 

Share capital

 

EUR            220.000,00

 

 

Shareholder

 

Kurt Graewe

Ensisheimer Str. 26

79395 Neuenburg

born 23.07.1938

Share:             EUR            158.400,00

 

 

Shareholder

 

Michael Graewe

Fambergstr. 23

79418 Schliengen

Share:             EUR             30.800,00

 

 

Shareholder

 

Stefan Graewe

Basler Str. 10e

79418 Schliengen

Share:             EUR             30.800,00

 

 

Manager

 

Michael Graewe

Fambergstr. 23

79418 Schliengen

having sole power of representation

Occupation: Fully qualified engineer

Marital status: married

 

 

Manager

 

Stefan Graewe

Basler Str. 10e

79418 Schliengen

having sole power of representation

Occupation: Fully qualified engineer

Marital status: single

 

 

Proxy

 

Kurt Graewe

Ensisheimer Str. 26

79395 Neuenburg

having sole power of representation

born 23.07.1938

Occupation: Mechanical engineer

Marital status: married

 

 

Further functions/participations of

Michael Graewe (Manager)

 

Shareholder:

Next GmbH

Max-Planck-Str. 1

79395 Neuenburg

Legal form: Private limited company

Share capital:     EUR             30.677,51

Share:                EUR             10.225,84

Reg. Data:  20.04.1995

HRB 300490

79098 FREIBURG

Turnover:          EUR          1.620.000,00

Employees:                                 8

 

Manager:

Next GmbH

Max-Planck-Str. 1

79395 Neuenburg

Legal form: Private limited company

Share capital:     EUR             30.677,51

Reg. Data:  20.04.1995

HRB 300490

79098 FREIBURG

 

 

Further functions/participations of

Stefan Graewe (Manager)

 

Shareholder:

Next GmbH

Max-Planck-Str. 1

79395 Neuenburg

Legal form: Private limited company

Share capital:     EUR             30.677,51

Share:                EUR             10.225,84

Reg. Data:  20.04.1995

HRB 300490

79098 FREIBURG

Turnover:          EUR          1.620.000,00

Employees:                                 8

 

Manager:

Next GmbH

Max-Planck-Str. 1

79395 Neuenburg

Legal form: Private limited company

Share capital:     EUR             30.677,51

Reg. Data:  20.04.1995

HRB 300490

79098 FREIBURG

 

 

BUSINESS HISTORY

 

04.07.1995 

Kurt Graewe GmbH -Ingenieurbüro-

Sondermaschinen

Max-Planck-Str. 1

79395 Neuenburg

Private limited company

 

05.02.1997

Graewe GmbH -Ingenieurbüro-

Max-Planck-Str. 1

79395 Neuenburg

Private limited company

 

 

BUSINESS ACTIVITIES

 

52503

RETAIL SALE OF OTHER SECOND-HAND GOODS

 

74205

ENGINEERING ACTIVITIES FOR PROJECTS IN SPECIFIC TECHNICAL FIELDS

 

2956

MANUFACTURE OF OTHER SPECIAL PURPOSE MACHINERY N.E.C

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

Trend of business:          constant

Order position:               satisfactory

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Max-Planck-Str. 1

                         79395 Neuenburg

 

Land register documents were not available.

 

 

BANKERS

 

SPARKASSE MARKGRÄFLERLAND, MÜLLHEIM, BADEN

Sort. code: 68351865, Account No: 8017154

DEUTSCHE BANK, MÜLLHEIM, BADEN

Sort. code: 68070030, Account No: 1439900

VOLKSBANK MÜLLHEIM, MÜLLHEIM, BADEN

Sort. code: 68091900, Account No: 20075503

 

 

FIGURES

 

Financial year:                           01.01. - 31.12.

Turnover:                                   2005               EUR          4.800.000,00

                                                2006               EUR          5.300.000,00

Expected turnover:                     2007               EUR          5.450.000,00

Share capital:                                                  EUR            220.000,00

Value of stocks:                                               EUR          1.400.000,00

Total number of vehicles:            6

- Lorries (owned):                       2

- Cars (owned):                                      4

Employees:                                           55

- Part-time employees:                           4

Branch number:                         52503 / 74205 / 2956

 

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