MIRA INFORM REPORT

 

 

Report Date :

04.10.2007

 

IDENTIFICATION DETAILS

 

Name :

Weber & Schaer GmbH & Co. KG

 

 

Registered Office :

Ferdinandstr. 29, 20095 Hamburg, Post Box 106503

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2006

 

 

Date of Incorporation :

1844

 

 

Com. Reg. No.:

HRA 7589

 

 

Legal Form :

Limited partnership with private limited Company as General partner

 

 

Line of Business :

Wholesale of Other Household Goods

Wholesale Trade in Crude Oil and Fats for Technical Purposes and Rubber

 

 

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

 

Weber & Schaer GmbH & Co. KG

Ferdinandstr. 29

20095 Hamburg

Post Box:  106503

Telephone:        040/309020

Telefax:             040/30902298

Homepage:        www.weber-schaer.com

E-Mail:              info@weber-schaer.com

 

 

VAT no.

 

DE118900849

 

 

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

 

1844

 

 

Registered on

 

31.12.1892

 

 

Register of companies

 

Local court 20355 HAMBURG 36

 

 

Under

 

HRA 7589

 

 

Total cap. Contribution

 

EUR          5.010.660,44

 

 

General Partner

 

Weber Beteiligungs GmbH

Ferdinandstr. 29

20095 Hamburg

Legal form: Private limited company

Share capital:     EUR             51.129,19

Reg. Data:  01.01.1984

HRB 33124

20355 HAMBURG 36

 

 

Shareholder

 

Eduard Weber

Reichskanzlerstr. 21

22609 Hamburg

born 18.03.1921

Share:             EUR             30.677,51

 

 

Shareholder

 

René Marc Weber

20095 Hamburg

born 31.10.1963

Share:             EUR             20.451,68

 

 

Manager

 

Eduard Weber

Reichskanzlerstr. 21

22609 Hamburg

born 18.03.1921

Occupation: Businessman

Marital status: married

 

 

Manager

 

René Marc Weber

20095 Hamburg

having sole power of representation

born 31.10.1963

Occupation: Businessman

 

 

Manager

 

Thomas Braun

Schwarzer Weg 6 b

22955 Hoisdorf

having sole power of representation

born 18.07.1957

Occupation: Businessman

Marital status: married

 

 

Limited Partner

 

Bernhard Georg Eduard Weber

20095 Hamburg

Share:             EUR          2.760.976,16

 

 

Limited Partner

 

René Marc Weber

20095 Hamburg

born 31.10.1963

Share:             EUR            939.498,83

 

 

Limited Partner

 

Brigitte Weber

20095 Hamburg

born: Vogt

Share:             EUR            798.893,56

 

 

Limited Partner

 

Hildegard Burdorf

20095 Hamburg

born: Weber

Share:             EUR            255.645,94

 

 

Limited Partner

 

Gertrud Werdermann

20095 Hamburg

born: Weber

Share:             EUR            255.645,94

 

Proxy

 

Dirk Hartmann

22869 Schenefeld

having sole power of representation

born 18.05.1962

 

 

Proxy

 

Torsten Annen

22927 Großhansdorf

having sole power of representation

born 15.05.1964

 

 

Proxy

 

Christian Reuscher

29574 Ebstorf

having sole power of representation

born 17.12.1968

 

 

Proxy

 

Heinz Heinrich Sahlmann

Bramfelder Drift 19

22175 Hamburg

having sole power of representation

born 30.11.1929

 

 

Proxy

 

Jens-Heinrich Andrews

25335 Elmshorn

having sole power of representation

 

 

Proxy

 

Wolfgang Wenzel

20095 Hamburg

having sole power of representation

 

 

Proxy

 

Bernd Regent

25462 Rellingen

having sole power of representation

 

 

BUSINESS HISTORY

 

1844

Weber & Schaer

Ferdinandstr. 29

20095 Hamburg

Limited partnership

 

01.01.1923

Weber & Schaer

Ferdinandstr. 29

20095 Hamburg

General Partnership

 

18.01.1966

Weber & Schaer

Ferdinandstr. 29

20095 Hamburg

Limited partnership

 

09.08.1972

Weber & Schaer

Ferdinandstr. 29

20095 Hamburg

General Partnership

 

02.05.1975

Weber & Schaer

Ferdinandstr. 29

20095 Hamburg

Limited partnership

 

30.10.1996

Weber & Schaer GmbH & Co.

Ferdinandstr. 29

20095 Hamburg

Ltd partnership with priv. ltd. Company as General partner

 

 

BUSINESS ACTIVITIES

 

5147

WHOLESALE OF OTHER HOUSEHOLD GOODS

 

51553

WHOLESALE TRADE IN CRUDE OIL AND FATS FOR TECHNICAL PURPOSES AND RUBBER

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Ferdinandstr. 29

                                    20095 Hamburg

 

Land register documents were not available.

 

 

BANKERS

 

BAYER HYPOVEREINSBANK EX VEREINS UND WESTBANK, HAMBURG

Sort. code: 20030000, Account No: 409656

 

BERENBERG, JOH. - GOSSLER & CO, HAMBURG

Sort. code: 20120000

 

 

FIGURES

 

Financial year:               01.01. - 31.12.

Turnover:                       2005     EUR          82.000.000,00

                                    2006    EUR        160.000.000,00

Total cap. contribution:               EUR            5.010.660,44

Employees:                               52

Branch number:             5147 / 51553

 

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.

 

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