MIRA
INFORM REPORT
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Report Date : |
11.10.2007 |
IDENTIFICATION DETAILS
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Name : |
PENPET
Petrochemical Trading GmbH |
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Registered Office : |
Sieker
Landstr. 126, 22143 |
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Country : |
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Financials (as on) : |
31.12.2005 |
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Date of Incorporation : |
22.05.1992 |
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Com. Reg. No.: |
HRB 51530 |
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Legal Form : |
Private
Limited Company |
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Line of Business : |
Agents
involved in the Sale of Technical Chemicals, Crude Drugs, Rubber and
Fertilizers |
RATING & COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
EUR 250.000 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
PENPET Petrochemical Trading GmbH
Sieker Landstr. 126
22143 Hamburg
Telephone: 040/675799-0
Telefax: 040/675799-99
Homepage: www.penpet.de
E-Mail: penpet@penpet.de
VAT no.
DE811331151
CONCLUSION
The maximum credit is EUR 250.000,00.
Business relations are permissible.
LEGAL FORM
Private limited company
Date of foundation
22.05.1992
Shareholders' agreement
22.05.1992
Registered on
19.11.1992
Commercial Register
Local court 20355 HAMBURG 36
Under
HRB 51530
Share capital
EUR 250.000,00
Shareholder
Geerd Fritz Heinz Meister
Von-Suppe-Str. 19b
22145 Hamburg
born 23.11.1949
Share: EUR 90.000,00
Shareholder
Regina Dorothea Elfride Meister
Von-Suppe-Str. 19b
22145 Hamburg
born: Kohl
born 21.02.1951
Share: EUR 90.000,00
Shareholder
Christoph Meister
Von-Suppe-Str. 19
22145 Hamburg
born 07.06.1971
Share: EUR 35.000,00
Shareholder
Tim Meister
Kottwitzstr. 59
20253 Hamburg
born 17.06.1974
Share: EUR 35.000,00
Manager
Geerd Fritz Heinz Meister
Von-Suppe-Str. 19b
22145 Hamburg
having sole power of representation
born 23.11.1949
Occupation: Businessman
Marital status: married
Further functions/participations of
Geerd Fritz Heinz Meister (Manager)
Limited Partner:
Penpet Biotechnologies Ltd. & Co. KG
Zum Prinzendamm 1
39638 Jävenitz
Legal form: Ltd partnership with priv. ltd. Company as General
partner
Share: GBP 30,00
Reg. Data: 23.03.2006
HRA 1168
39576 STENDAL
BUSINESS HISTORY
19.11.1992
Penta International (Deutschland) GmbH
Meiendorfer Mühlenweg 31
22393 Hamburg
Private limited company
01.06.1997
PENPET Petrochemical Trading GmbH
Meiendorfer Mühlenweg 31
22393 Hamburg
Private limited company
BUSINESS ACTIVITIES
51123
AGENTS INVOLVED IN THE SALE OF TECHNICAL CHEMICALS, CRUDE DRUGS,
RUBBER AND FERTILIZERS
FINANCIAL INFORMATION
Payment experience: within
agreed terms
REAL ESTATE
Type of ownership: Tenant
Address Sieker Landstr. 126
22143 Hamburg
Private real estate
Name Geerd Fritz Heinz Meister
Type of ownership: proprietor
Share: 100,00 %
Address Von-Suppe-Str. 19 b
22145 Hamburg
Land register documents were not available.
BANKERS
DEUTSCHE BANK, HAMBURG
Sort. code: 20070000, Account No: 7676778
COMMERZBANK, HAMBURG
Sort. code: 20040000, Account No: 4715165
HAMBURGER SPARKASSE, HAMBURG
Sort. code: 20050550, Account No: 1280121136
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2005 EUR 30.000.000,00
Share capital: EUR 250.000,00
Value of stocks: EUR
1.500.000,00
Ac/ts receivable: EUR
2.200.000,00
Liabilities: EUR 2.200.000,00
Total number of vehicles:
3
- Cars (owned):
2
- Cars (leased): 1
Employees: 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%)