MIRA INFORM REPORT

 

 

Report Date :

22.10.2007

 

IDENTIFICATION DETAILS

 

Name :

Gerhard Haas KG

 

 

Registered Office :

Heinrich-Fahr-Str. 17-19, 78333 Stockach

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2006

 

 

Date of Incorporation :

1900

 

 

Com. Reg. No.:

HRA 590083

 

 

Legal Form :

Limited Partnership

 

 

Line of Business :

Manufacture of Brooms and Brushes

Wholesale Trade in Furniture, Decorative Goods and Floor Coverings

Retail Sale of Cosmetic and Toilet Articles, except Drugstores

Retail Sale of Wood, Cork and Wickerwork Goods

 

 

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 231.000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


name & address

 

Gerhard Haas KG

Heinrich-Fahr-Str. 17-19

78333 Stockach

Telephone:        07771/93610

Telefax:             07771/936190

 

 

CONCLUSION

 

The maximum credit is EUR 231.000,00.

 

Business relations are permissible.

 

 

LEGAL FORM

 

Limited partnership

 

 

Date of foundation

 

1900

 

 

Registered on

 

30.12.1952

 

 

Register of companies

 

Local court 79098 FREIBURG

 

 

Under

 

HRA 590083

 

 

Total cap. Contribution

 

EUR                511,29

 

 

General Partner

 

Dieter Haas

Gässleweg 10

78333 Stockach

born 15.04.1950

Occupation: Businessman

Marital status: married

 

 

General Partner

 

Arnold Haas

Gässleweg 10

78333 Stockach

born 18.09.1959

Occupation: Businessman

Marital status: single

 

 

General Partner

 

Florentin Haas

Gässleweg 8a

78333 Stockach

born 06.03.1954

Occupation: Businessman

 

 

Limited Partner

 

Günther Schmid

Dauchinger Str. 17

78056 Villingen-Schwenningen

Share:             EUR                511,29

 

 

Further functions/participations of

Dieter Haas (General Partner)

 

Limited Partner:

Haas Grundstücksverwaltungs- GmbH & Co. KG

Heinrich-Fahr-Str. 17-19

78333 Stockach

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

Total cap. contribution: EUR       30.000,00

Share:   EUR             10.000,00

Reg. Data:  10.11.2003

HRA 590270

79098 FREIBURG

Employees:   1

 

Shareholder:

METAPLAST-GmbH Metall- und

Plastikverarbeitung

Heinrich-Fahr-Str. 17-19

78333 Stockach

Legal form: Private limited company

Share capital:     EUR             61.355,04

Share:   EUR             15.338,76

Reg. Data:  11.02.1987

HRB 590148

79098 FREIBURG

Employees:    4

 

Shareholder:

Haas Verwaltungs-GmbH

Heinrich-Fahr-Str. 17-19

78333 Stockach

Legal form: Private limited company

Share capital:     EUR             27.000,00

Share:    EUR              9.000,00

Reg. Data:  13.11.2003

HRB 590467

79098 FREIBURG

 

 

Further functions/participations of

Arnold Haas (General Partner)

 

Limited Partner:

Haas Grundstücksverwaltungs- GmbH & Co. KG

Heinrich-Fahr-Str. 17-19

78333 Stockach

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

Total cap. contribution: EUR       30.000,00

Share:  EUR             10.000,00

Reg. Data:  10.11.2003

HRA 590270

79098 FREIBURG

Employees:  1

 

Shareholder:

METAPLAST-GmbH Metall- und

Plastikverarbeitung

Heinrich-Fahr-Str. 17-19

78333 Stockach

Legal form: Private limited company

Share capital:     EUR             61.355,04

Share:  EUR             15.338,76

Reg. Data:  11.02.1987

HRB 590148

79098 FREIBURG

Employees:    4

 

Shareholder:

Haas Verwaltungs-GmbH

Heinrich-Fahr-Str. 17-19

78333 Stockach

Legal form: Private limited company

Share capital:     EUR             27.000,00

Share:  EUR              9.000,00

Reg. Data:  13.11.2003

HRB 590467

79098 FREIBURG

 

Manager:

Haas Verwaltungs-GmbH

Heinrich-Fahr-Str. 17-19

78333 Stockach

Legal form: Private limited company

Share capital:     EUR             27.000,00

Reg. Data:  13.11.2003

HRB 590467

79098 FREIBURG

 

 

Further functions/participations of

Florentin Haas (General Partner)

 

Limited Partner:

Haas Grundstücksverwaltungs- GmbH & Co. KG

Heinrich-Fahr-Str. 17-19

78333 Stockach

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

Total cap. contribution: EUR       30.000,00

Share:   EUR             10.000,00

Reg. Data:  10.11.2003

HRA 590270

79098 FREIBURG

Employees:     1

 

Shareholder:

METAPLAST-GmbH Metall- und

Plastikverarbeitung

Heinrich-Fahr-Str. 17-19

78333 Stockach

Legal form: Private limited company

Share capital:     EUR             61.355,04

Share:   EUR             15.338,76

Reg. Data:  11.02.1987

HRB 590148

79098 FREIBURG

Employees:   4

 

Shareholder:

Haas Verwaltungs-GmbH

Heinrich-Fahr-Str. 17-19

78333 Stockach

Legal form: Private limited company

Share capital:     EUR             27.000,00

Share: EUR              9.000,00

Reg. Data:  13.11.2003

HRB 590467

79098 FREIBURG

 

 

BUSINESS HISTORY

 

30.12.1952

Gerhard Haas KG

Bonndorfer Str. 8 - 10

78333 Stockach

Limited partnership

 

 

BUSINESS ACTIVITIES

 

36620

MANUFACTURE OF BROOMS AND BRUSHES

 

51476

WHOLESALE TRADE IN FURNITURE, DECORATIVE GOODS AND FLOOR COVERINGS

 

52331

RETAIL SALE OF COSMETIC AND TOILET ARTICLES, EXCEPT DRUGSTORES

 

52446

RETAIL SALE OF WOOD, CORK AND WICKERWORK GOODS

 

 

PARTICIPATION

 

Shareholder:

Maier Haushaltspflege GmbH

Wehrer Str. 3

79682 Todtmoos

Legal form: Private limited company

Share capital:     EUR             85.000,00

Share:    EUR             41.650,00

Reg. Data:  27.12.1994

HRB 650128

79098 FREIBURG

Turnover: EUR          8.600.000,00

Employees:   45

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:   Tenant

Address           Heinrich-Fahr-Str. 17-19

                        78333 Stockach

 

Land register documents were not available.

 

 

BANKERS

 

VOLKSBANK ÜBERLINGEN NDL, STOCKACH, BADEN

Sort. code: 69061800

 

VOLKSBANK, VILLINGEN-SCHWENNINGEN

Sort. code: 69490000

 

 

FIGURES

 

Financial year:               01.01. - 31.12.

Turnover:                       2006    EUR         13.575.000,00

Total cap. contribution:                           EUR                     511,29

Employees:                   100

 

The aforementioned business figures may partly be estimated information based on average values in the line of business.


 

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