MIRA
INFORM REPORT
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Report Date : |
15.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
Schrauben -
Jäger AG |
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Registered Office : |
Industriestr.
15, 76189 Karlsruhe, Post Box 21 05 52 |
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Country : |
Germany |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
1956 |
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Com. Reg. No.: |
HRB 109736 |
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Legal Form : |
Public
Limited Company |
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Line of Business : |
Wholesale of
Hardware, Plumbing and Heating Equipment and Supplies Retail Sale
of Do-It-Yourself Material and Equipment |
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
Schrauben - Jäger AG
Industriestr. 15
76189 Karlsruhe
Post Box: 21 05 52
Telephone: 0721/570060
Telefax: 0721/5700611
Homepage: www.schrauben-jaeger.de
E-Mail: verkauf@schrauben.jaeger.de
VAT no.
DE811174979
CONCLUSION
The maximum credit is EUR 250.000,00.
Business relations are permissible.
LEGAL FORM
Public limited company
Date of foundation
1956
Registered on
07.12.2001
Commercial Register
Local court 68159 MANNHEIM
Under
HRB 109736
Share capital
EUR 1.000.000,00
President of the Board of Directors
Siegmar Weber
Untere Au 24
76646 Bruchsal
born 05.08.1955
Occupation: Businessman
Marital status: married
President of the Supervisory Board
Ernst Jäger
Max-Hildebrandt-Str. 9
76571 Gaggenau
born 17.08.1929
Occupation: Businessman
Marital status: married
Vice-president of the Supervisory Board
Heinz Peter Landhäußer
76287 Rheinstetten
born 26.02.1954
Occupation: Businessman
Marital status: single
Member of the Supervisory Board
Andrea Jäger
Hardenburgweg 14
76187 Karlsruhe
born 23.12.1961
Marital status: single
Proxy
Manfred Kässinger
76189 Karlsruhe
authorized to jointly represent the company
born 27.06.1961
Proxy
Wolfgang Gartner
Stephan-Lochner-Weg 6
76149 Karlsruhe
Occupation: Businessman
Marital status: married
Further functions/participations of
Siegmar Weber (President of the Board of Directors)
Manager:
Werkzeug-Jäger GmbH
Industriestr. 17
76189 Karlsruhe
Legal form: Private limited company
Share capital: EUR 281.210,54
Reg. Data: 27.08.1986
HRB 104507
68159 MANNHEIM
BUSINESS HISTORY
1956
Ernst Jäger Schrauben-Jäger
Industriestr. 15
76189 Karlsruhe
Unregistered commercial enterprise
18.02.1983
Schrauben-Jäger GmbH
Industriestr. 15
76189 Karlsruhe
Private limited company
26.09.2001
Schrauben - Jäger GmbH
Industriestr. 15
76189 Karlsruhe
Private limited company
30.01.2002
Schrauben - Jäger GmbH
Industriestr. 15
76189 Karlsruhe
Public limited company
BUSINESS ACTIVITIES
5154
WHOLESALE OF HARDWARE, PLUMBING AND HEATING EQUIPMENT AND SUPPLIES
52463
RETAIL SALE OF DO-IT-YOURSELF MATERIAL AND EQUIPMENT
BRANCHES AND FACTORIES
Branch:
Schrauben Jäger AG -Niederlassung-
Brehnaer Str. 20
06188 Landsberg
Branch:
Schrauben-Jäger GmbH Verkaufslager Süd
In der Teichmatt 1
79689 Maulburg
Branch:
Schrauben-Jäger GmbH Treffpunkt Technik
Sander Str. 7
77731 Willstätt
Branch:
Schrauben-Jäger AG
Max-Born-Str. 7
68519 Viernheim
Branch:
Schrauben- Jäger AG
Eseiterstr. 3
66557 Illingen
FINANCIAL INFORMATION
Payment experience: within agreed terms
Trend of business: positive
Order position: good
REAL ESTATE
Type of ownership: Tenant
Address Eseiterstr. 3
66557 Illingen
Type of ownership: Tenant
Address In der Teichmatt 1
79689 Maulburg
Type of ownership: Tenant
Address Industriestr. 15
76189 Karlsruhe
Type of ownership: Tenant
Address Sander Str. 7
77731 Willstätt
Type of ownership: Tenant
Address Brehnaer Str. 20
06188 Landsberg
Type of ownership: Tenant
Address Max-Born-Str. 7
68519 Viernheim
Land register documents were not available.
BANKERS
SPARKASSE KARLSRUHE, KARLSRUHE, BADEN
Sort. code: 66050101, Account No: 9190083
COMMERZBANK, KARLSRUHE, BADEN
Sort. code: 66040018, Account No: 222836900
POSTBANK, KARLSRUHE, BADEN
Sort. code: 66010075, Account No: 94364-756
VOLKSBANK ETTLINGEN, ETTLINGEN
Sort. code: 66091200, Account No: 866601
BAYER HYPO- UND VEREINSBANK, KARLSRUHE, BADEN
Sort. code: 66020286, Account No: 2046091
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2005 EUR 23.000.000,00
2006 EUR 23.000.000,00
Expected turnover: 2007 EUR
23.500.000,00
Share capital: EUR 1.000.000,00
Value of stocks: EUR 7.150.000,00
Equipment: EUR 2.450.000,00
Ac/ts receivable: EUR 2.300.000,00
Liabilities: EUR
500.000,00
Total number of vehicles:
67
- Lorries (owned): 34
- Cars (owned): 33
Employees: 200
- Salaried employees: 79
- Workers: 15
- Part-time employees: 93
- Freelance: 8
- Temporary workers: 5
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. |
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%)