MIRA INFORM REPORT

 

 

Report Date :

20.10.2007

 

IDENTIFICATION DETAILS

 

Name :

ChemSynergy Aktiengesellschaft

 

 

Registered Office :

Am Meerkamp 17, 40667 Meerbusch

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2006

 

 

Date of Incorporation :

31.03.2000

 

 

Com. Reg. No.:

HRB 10121

 

 

Legal Form :

Public Limited Company

 

 

Line of Business :

Wholesale Trade in Technical Chemicals and Crude Drugs

Manufacture of Other Organic Basic Chemicals

Wholesale of computers, peripheral equipment and software

 

 

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 15.000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

name & address

 

ChemSynergy Aktiengesellschaft

Am Meerkamp 17

40667 Meerbusch

Telephone:        02132/13980

Telefax:             02132/139898

Homepage:        www.chemsynergy.com

E-Mail:              info@chemsynergy.com

 

 

VAT no.

 

DE812945734

 

 

CONCLUSION

 

The maximum credit is EUR 15.000,00.

 

Business relations are permissible.

 

 

LEGAL FORM 

 

Public limited company

 

 

Date of foundation

 

31.03.2000

 

 

Registered on

 

21.06.2000

 

 

Commercial Register

 

Local court 41460 NEUSS

 

 

Under

 

HRB 10121

 

 

Share capital

 

EUR          1.259.200,00

 

 

Member of the Board of Directors

 

Dr. Frank Wieczorek

Birkenweg 9

40670 Meerbusch

having sole power of representation

born 26.01.1958

Occupation: Businessman

Marital status: married

 

 

President of the Supervisory Board

 

Christoph Schmitt

47809 Krefeld

 

 

Vice-president of the Supervisory Board

 

Hans Lothar Arthur Oder

44867 Bochum

 

 

Member of the Supervisory Board

 

Sigrid Wieczorek

44801 Bochum

 

 

Further functions/participations of

Frank Wieczorek (Member of the Board of Directors)

 

Shareholder:

Sitecore Deutschland GmbH

Am Meerkamp 17

40667 Meerbusch

Legal form: Private limited company

Share capital:     EUR             25.000,00

Share:                EUR             22.500,00

Reg. Data:  27.04.2005

HRB 13374

41460 NEUSS

 

BUSINESS ACTIVITIES

 

51552

WHOLESALE TRADE IN TECHNICAL CHEMICALS AND CRUDE DRUGS

 

2414

MANUFACTURE OF OTHER ORGANIC BASIC CHEMICALS

 

51840

Wholesale of computers, peripheral equipment and software

 

72223

Other software development

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Am Meerkamp 17

                                    40667 Meerbusch

 

Land register documents were not available.

 

 

BANKERS

 

HSBC TRINKAUS & BURKHARDT, DÜSSELDORF

Sort. code: 30030880

 

DEUTSCHE BANK PRIVAT UND GESCHÄFTSKUNDEN, MEERBUSCH

Sort. code: 30070024

 

 

FIGURES

 

Financial year:               01.01. - 31.12.

Turnover:                       2006    EUR             936.000,00

Share capital:                            EUR          1.259.200,00

Equipment:                                EUR               30.000,00

Employees:                   4

 

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