MIRA INFORM REPORT

 

 

Report Date :

30.08.2007

 

IDENTIFICATION DETAILS

 

Name :

Symrise GmbH & Co. KG

 

 

Registered Office :

Mühlenfeldstr. 1, 37603 Holzminden

 

 

Country :

Germany

 

 

Date of Incorporation :

02.01.1919

 

 

Com. Reg. No.:

HRA 110566

 

 

Legal Form :

Limited partnership with private limited Company as General partner

 

 

Line of Business :

Manufacture of other Chemicals Products n.e.c.

Wholesale of Chemical Products

 

 

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

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually correct

 

 

Litigation :

Clear

 

 


name & address

 

Symrise GmbH & Co. KG

Mühlenfeldstr. 1

37603 Holzminden

Telephone:        05531/900

Telefax:             05531/901649

Homepage:        www.symrise.com

E-Mail:              info@symrise.com

 

 

CONCLUSION

 

Business relations are permissible.

 

The company is considered solvent for credits within its scope of business.

 

 

LEGAL FORM          

 

Ltd partnership with priv. ltd. Company as General partner

 

 

Date of foundation

 

02.01.1919

 

 

Registered on

 

23.06.2003

 

 

Register of companies

 

Local court 31134 HILDESHEIM

 

 

Under

 

HRA 110566

 

 

Total cap. Contribution

 

EUR             25.125,00

 

 

General Partner

 

Symrise Verwaltungs GmbH

Dragocostr. 1

37603 Holzminden

Legal form: Private limited company

Share capital:     EUR             25.000,00

Reg. Data:  18.06.2003

HRB 101151 HOL

31061 ALFELD/LEINE

 

 

Manager

 

Dr. Gerold Linzbach

60308 Frankfurt

born 13.02.1956

 

 

Manager

 

Dr. Heinz-Jürgen Bertram

37603 Holzminden

having sole power of representation

born 18.09.1958

 

 

Limited Partner

 

Symrise AG

Mühlenfeldstr. 1

37603 Holzminden

Legal form: Public limited company

Share capital:     EUR        118.173.300,00

Share:                EUR                 25.000,00

Reg. Data:  11.11.2003

HRB 200436

31134 HILDESHEIM

 

 

Limited Partner

 

Forsythie Zweite GmbH & Co. KG

Mühlenfeldstr. 1

37603 Holzminden

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

Total cap. contribution: EUR        1.000,00

Share:                          EUR           125,00

Reg. Data:  10.05.2002

HRA 101326 HOL

31061 ALFELD/LEINE

 

 

Proxy

 

Rainer Klaus Grimm

82194 Gröbenzell

born 14.03.1952

Occupation: Businessman

 

 

Proxy

 

Dr. Klaus Stanzl

37603 Holzminden

authorized to jointly represent the company

born 17.01.1951

 

 

Proxy

 

Norbert Kalkert

37603 Holzminden

authorized to jointly represent the company

born 07.02.1951

 

 

Proxy

 

Karlheinz Klammt

37603 Holzminden

authorized to jointly represent the company

born 25.06.1945

 

 

Proxy

 

Dr. Edgar Endlein

29559 Wrestedt

authorized to jointly represent the company

born 14.12.1960

 

 

Proxy

 

Frank von Keutz

83022 Rosenheim

authorized to jointly represent the company

born 09.01.1962

Occupation: Businessman

 

 

Proxy

 

Heinrich Schaper

37603 Holzminden

authorized to jointly represent the company

born 06.06.1956

 

 

Proxy

 

Christoph Schamberger

37603 Holzminden

authorized to jointly represent the company

born 03.11.1963

 

 

Proxy

 

Markus Sattler

68159 Mannheim

authorized to jointly represent the company

born 15.11.1967

 

 

Proxy

 

Alexander Kleinke

37603 Holzminden

authorized to jointly represent the company

born 21.10.1967

 

 

Proxy

 

Wolf-Henning Berners

82152 Krailling

born 05.04.1964

 

 

Proxy

 

Thomas Henri Stottmeister

37627 Stadtoldendorf

authorized to jointly represent the company

born 27.10.1963

 

 

 

 

 

Proxy

 

Dr. Jens Uhlemann

37603 Holzminden

authorized to jointly represent the company

born 07.05.1964

 

 

Proxy

 

Dr. Ingo Natzel

44803 Bochum

authorized to jointly represent the company

born 16.01.1958

 

 

BUSINESS HISTORY

 

02.01.1919

DRAGOCO Gerberding & Co. Aktiengesellschaft

Dragocostr. 1

37603 Holzminden

Public limited company

 

14.07.2003

Symrise GmbH & Co. KG

Dragocostr. 1

37603 Holzminden

Ltd partnership with priv. ltd. Company as General partner

 

 

BUSINESS ACTIVITIES

 

36633

MANUFACTURE OF OTHER CHEMICALS PRODUCTS N.E.C.

 

5155

WHOLESALE OF CHEMICAL PRODUCTS

 

 

BRANCHES AND FACTORIES

 

Branch:

Symrise GmbH & Co. KG Werk Braunschweig

Hansestr. 33

38112 Braunschweig

Comm. reg. listing: 17.12.2003

 

Branch:

Symrise GmbH & Co. KG Werk Nördlingen

Anton-Jaumann-Industriepark 9

86720 Nördlingen

Comm. reg. listing: 09.01.2004

 

Branch:

Symrise GmbH & Co. KG

Dragocostr.

37603 Holzminden

 

 

PARTICIPATION

 

Shareholder:

Symotion GmbH

Mühlenfeldstr. 1

37603 Holzminden

Legal form: Private limited company

Share capital:     EUR             25.100,00

Share:                EUR             25.100,00

Reg. Data:  18.05.2006

HRB 200240

31134 HILDESHEIM

Turnover:           EUR  1.230.000.000,00

Employees:                             4.800

 

Shareholder:

Tesium GmbH

Mühlenfeldstr. 1

37603 Holzminden

Legal form: Private limited company

Share capital:     EUR             25.100,00

Share:                EUR             25.100,00

Reg. Data:  23.05.2006

HRB 200248

31134 HILDESHEIM

Turnover:          EUR         40.000.000,00

Employees:                               214

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Mühlenfeldstr. 1

                                    37603 Holzminden

 

Land register documents were not available.

 

 

 

 

 

BANKERS

 

BHF-BANK, FRANKFURT AM MAIN

Sort. code: 50020200

 

DEUTSCHE BANK, HOLZMINDEN

Sort. code: 25070086

 

COMMERZBANK, HOLZMINDEN

Sort. code: 27240004, Account No: 5712856

 

NORDDEUTSCHE LANDESBANK GIROZENTRALE, HOLZMINDEN

Sort. code: 25050000

 

POSTBANK, HANNOVER

Sort. code: 25010030

 

DRESDNER BANK, BERLIN

Sort. code: 12080000

 

 

FIGURES

 

Financial year:               01.01. - 31.12.

Turnover:                       2005      EUR      1.140.000.000,00

                                    2006      EUR      1.200.000.000,00

Total cap. contribution:                EUR                  25.125,00

Employees:                               4.800

Branch number:             36633 / 5155

 

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