MIRA
INFORM REPORT
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Report Date : |
25.10.2007 |
IDENTIFICATION DETAILS
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Name : |
Abel GmbH
& Co. KG |
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Registered Office : |
Abeltwiete
1, 21514 Büchen |
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Country : |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
1947 |
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Com. Reg. No.: |
HRA 355 SB |
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Legal Form : |
Limited
partnership with private limited Company as General partner |
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Line of Business : |
Manufacture of Pumps and Compressors Manufacture
of Machines for Non-Specified Use N.E.C. |
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
Abel GmbH & Co. KG
Abeltwiete 1
21514 Büchen
Telephone: 04155/8180
Telefax: 04155/818499
Homepage: www.abel.de
E-Mail: mail@abel.de
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
1947
Registered on
23.01.1991
Register of companies
Local court 23568 LÜBECK
Under
HRA 355 SB
Total cap. Contribution
EUR 3.067.751,29
General Partner
Abel Pumpen GmbH
Badstrasse 3-5
97922 Lauda-Königshofen
Legal form: Private limited company
Share capital: EUR 25.000,00
Reg. Data: 27.07.2000
HRB 560558
68159 MANNHEIM
Manager
Christian Behrens
22393 Hamburg
having sole power of representation
born 18.05.1961
Manager
Larry Christensen
USA Grason
having sole power of representation
born 19.02.1948
Nation.: American
Limited Partner
Abel Pumps, L.P. -Kommanditgesellschaft
nach dem Recht von Dalaware-
11359 Aurora Avenue
USA 50322 LOWA Des Moines
Legal form: Other legal form
Share: EUR 3.067.751,29
Proxy
Peter Kloßok
21514 Büchen
authorized to jointly represent the company
born 05.08.1953
Proxy
Christian Dietl
22844 Norderstedt
authorized to jointly represent the company
born 26.01.1968
BUSINESS HISTORY
23.01.1991
Abel GmbH & Co Handels u. Verwaltungsges.
Abel-Twiete 1
21514 Büchen
Ltd partnership with priv. ltd. Company as General partner
BUSINESS ACTIVITIES
29120
MANUFACTURE OF PUMPS AND COMPRESSORS
29240
MANUFACTURE OF MACHINES FOR NON-SPECIFIED USE N.E.C.
FINANCIAL INFORMATION
Payment experience: within
agreed terms
REAL ESTATE
Type of ownership: proprietor
Share: 100,00 %
Address Abeltwiete 1
21514 Büchen
Size: 31.556,00 sq.m
Land register documents were not available.
BANKERS
BAYER HYPO- UND VEREINSBANK, MÜNCHEN
Sort. code: 70020270
KREISSPARKASSE HERZOGTUM LAUENBURG, BÜCHEN, LAUENB
Sort. code: 23052750
DEUTSCHE BANK, HAMBURG
Sort. code: 20070000
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2006 EUR 15.000.000,00
Total cap. contribution: EUR 3.067.751,29
Real estate of the firm: EUR 971.000,00
Employees:
116
- Trainees:
9
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%)