MIRA INFORM REPORT

 

 

Report Date :

03.05.2007

 

IDENTIFICATION DETAILS

 

Name :

Mayer & Cie GmbH & Co. KG

 

 

Registered Office :

Emil-Mayer-Str. 10, 72461 Albstadt, Post Box 20 15 80

 

 

Country :

Germany

 

 

Date of Incorporation :

1905

 

 

Com. Reg. No.:

HRA 400260

 

 

Legal Form :

Limited partnership with private limited Company as General partner

 

 

Line of Business :

Manufacture of Machinery for Textile, Apparel and Leather Production

 

 

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 250.000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


name & address

 

Mayer & Cie GmbH & Co. KG

Emil-Mayer-Str. 10

72461 Albstadt

Post Box:  20 15 80

Telephone: 07432/700-0

Telefax:      07432/700-315

Homepage: www.mayercie.de

E-Mail: info@mayercie.de

 

 

VAT no.

 

DE144843258

 

 

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

 

1905

 

 

Registered on

 

19.12.1972

 

 

Register of companies

 

Local court 70190 STUTTGART 1

 

 

Under

 

HRA 400260

 

 

Total cap. Contribution

 

EUR         23.400.000,00

 

 

General Partner

 

Mayer Verwaltungs-Gesellschaft mit

beschränkter Haftung

Emil-Mayer-Str. 10

72461 Albstadt

Legal form: Private limited company

Share capital:     EUR             60.000,00

Reg. Data:  15.11.1972

HRB 400116

70190 STUTTGART 1

 

 

Shareholder

 

Peter Mayer

Friedenstr. 18

72336 Balingen

born 11.10.1938

Share:             EUR             30.000,00

 

 

Shareholder

 

Rainer Mayer

Alexander-von-Humboldt-Str.

23

72458 Albstadt

born 18.08.1947

Share:             EUR             30.000,00

 

 

Manager

 

Rainer Mayer

Alexander-von-Humboldt-Str.

23

72458 Albstadt

born 18.08.1947

Occupation: Fully qualified merchant

Marital status: married

 

 

 

 

 

Manager

 

Karl-Heinz Dommes

72361 Hausen

born 22.10.1950

 

 

Manager

 

Marcus Mayer

72336 Balingen

born 05.01.1973

 

 

Proxy

 

Reiner Plankenhorn

72475 Bitz

born 06.05.1965

 

 

Proxy

 

Rainer Müller

72379 Hechingen

born 22.01.1962

 

 

Limited Partner

 

Sibylle Mauthe-Mayer

Leimenstr. 16

72461 Albstadt

born: Mayer

born 15.08.1951

Share:             EUR          6.720.000,00

 

 

Limited Partner

 

Rainer Mayer

Alexander-von-Humboldt-Str.

23

72458 Albstadt

born 18.08.1947

Share:             EUR          4.056.000,00

 

 

Limited Partner

 

Peter Mayer jun.

72336 Balingen

Share:             EUR          3.900.000,00

 

 

Limited Partner

 

Marcus Mayer jun.

72336 Balingen

Share:             EUR          3.900.000,00

 

 

Limited Partner

 

Benjamin Mayer

72458 Albstadt

Share:             EUR          1.872.000,00

 

 

Limited Partner

 

Sebastian Mayer

72458 Albstadt

Share:             EUR          1.872.000,00

 

 

Limited Partner

 

Oliver Maute

Eisbachstr. 13

72459 Albstadt

born 20.05.1963

Share:             EUR            540.000,00

 

 

Limited Partner

 

Jan-Christian Mauthe

72458 Albstadt

Share:             EUR            540.000,00

 

 

BUSINESS ACTIVITIES

 

29540

MANUFACTURE OF MACHINERY FOR TEXTILE, APPAREL AND LEATHER PRODUCTION

 

 

PARTICIPATION

 

Limited Partner:

Hans Rüster GmbH & Co. KG Platinenfabrik

Jahnstr. 17

73326 Deggingen

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

Total cap. contribution: EUR    4.039.205,86

Share:                          EUR     4.039.205,86

Reg. Data:  09.08.1951

HRA 540524

89073 ULM

Turnover:          EUR         14.966.000,00

Employees:                               188

 

Limited Partner:

IVGD GmbH & Co. KG

Bachwiesenstr. 6

74676 Niedernhall

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

Total cap. contribution: EUR    1.650.000,00

Share:                          EUR     1.650.000,00

Reg. Data:  07.01.1932

HRA 590204

70190 STUTTGART 1

Employees:                               125

 

Shareholder:

Mayer Recond GmbH

Blütenweg 8

Post Box: 2

72351 Geislingen

Legal form: Private limited company

Share capital:     EUR            800.000,00

Share:                EUR             800.000,00

Reg. Data:  19.05.1988

HRB 410539

70190 STUTTGART 1

Turnover:          EUR          3.300.000,00

Employees:                                13

Profit transfer agreement

 

Shareholder:

MAYER BRAIDTECH GMBH

Tailfinger Str. 24

72459 Albstadt

Legal form: Private limited company

Share capital:     EUR            100.000,00

Share:                EUR             100.000,00

Reg. Data:  18.08.2004

HRB 401377

70190 STUTTGART 1

Employees:                                 4

 

Shareholder:

EL Holding GmbH

Emil-Mayer-Str. 10

72461 Albstadt

Legal form: Private limited company

Share capital:     EUR             60.000,00

Share:                EUR             60.000,00

Reg. Data:  23.11.1995

HRB 401002

70190 STUTTGART 1

 

Shareholder

Merz Maschinenfabrik GmbH

Haigerlocher Str. 44

72379 Hechingen

Legal form: Private limited company

Share capital:     EUR            100.000,00

Share:                EUR              60.000,00

Reg. Data:  15.06.2000

HRB 420846

70190 STUTTGART 1

Turnover:          EUR          8.600.000,00

Employees:                                74

 

Shareholder:

Verwaltungsgesellschaft Hans Rüster mit

beschränkter Haftung

Jahnstr. 17

73326 Deggingen

Legal form: Private limited company

Share capital:     EUR             51.129,19

Share:                EUR             51.129,19

Reg. Data:  28.12.1967

HRB 540139

89073 ULM

 

Shareholder:

Mayer & Cie. Service- und Leasing GmbH

Emil-Mayer-Str. 10

72461 Albstadt

Legal form: Private limited company

Share capital:     EUR             50.000,00

Share:                EUR             50.000,00

Reg. Data:  11.01.1990

HRB 400731

70190 STUTTGART 1

Employees:                                16

 

Shareholder:

IVGD-Beteiligungs-GmbH

Max-Planck-Str. 19

74677 Dörzbach

Legal form: Private limited company

Share capital:     EUR             25.600,00

Share:                EUR             25.600,00

Reg. Data:  12.12.1972

HRB 590141

70190 STUTTGART 1

 

 

Shareholder:

MATEX Mayer Textilmaschinen Vertriebs GmbH

Emil-Mayer-Str. 10

72461 Albstadt

Legal form: Private limited company

Share capital:     EUR             25.000,00

Share:                EUR             25.000,00

Reg. Data:  09.10.2001

HRB 401269

70190 STUTTGART 1

Turnover:          EUR          1.900.000,00

Employees:                                 2

 

 

FINANCIAL INFORMATION

 

Payment experience:  within periods customary in this trade

 

 

REAL ESTATE

 

Type of ownership:         proprietor

Share:                           100,00 %

Address                        Emil-Mayer-Str. 10

                                    72461 Albstadt

           

Land register documents were not available.

 

 

BANKERS

 

SPARKASSE ZOLLERNALB, BALINGEN

Sort. code: 65351260

DEUTSCHE BANK, ALBSTADT, WÜRTT

Sort. code: 65370075

DRESDNER BANK, ALBSTADT, WÜRTT

Sort. code: 65380003

COMMERZBANK, ALBSTADT, WÜRTT

Sort. code: 65340004

VOLKSBANK TAILFINGEN, ALBSTADT, WÜRTT

Sort. code: 65392030

 

 

FIGURES

 

Financial year:               01.01. - 31.12.

Turnover:                       2005     EUR          96.700.840,00

                                    2006     EUR        100.000.000,00

Total cap. contribution:               EUR          23.400.000,00

Value of stocks:                        EUR          24.000.000,00

Equipment:                                EUR            2.400.000,00

Ac/ts receivable:                       EUR          34.900.000,00

Liabilities:                                  EUR            7.700.000,00

Real estate of the firm:                           EUR         11.790.000,00

Employees:                               500

- Salaried employees:    160

- Trainees:                                 40

Branch number:             29540

 

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