MIRA INFORM REPORT

 

 

Report Date :

07.09.2007

 

IDENTIFICATION DETAILS

 

Name :

Würth Industrie Service GmbH & Co. KG

 

 

Registered Office :

Drillberg, 97980 Bad Mergentheim

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2006

 

 

Date of Incorporation :

1999

 

 

Com. Reg. No.:

HRA 590503

 

 

Legal Form :

Limited partnership with private limited Company as General Partner

 

 

Line of Business :

Retail Sale of Iron, Metal and Plastic Good, n.e.c.

 

 

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 250.000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


name & address

 

Würth Industrie Service GmbH & Co. KG

Drillberg

97980 Bad Mergentheim

Telephone:        07931/91-0

Telefax:             07931/91-1000

Homepage:        www.wuerth-industrie.com

E-Mail:              info@wuerth-industrie.com

 

 

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

 

1999

 

 

Registered on

 

02.03.1999

 

 

Register of companies

 

Local court 70190 STUTTGART 1

 

 

Under

 

HRA 590503

 

 

Total cap. Contribution

 

EUR         22.500.000,00

 

 

General Partner

 

Würth Industrie Service Verwaltungs-GmbH

Drillberg

97980 Bad Mergentheim

Legal form: Private limited company

Share capital:     EUR             25.000,00

Reg. Data:  02.03.1999

HRB 590633

70190 STUTTGART 1

 

 

Shareholder

 

Adolf Würth Stiftung

Reinhold-Würth-Str. 12-16

74653 Künzelsau

Legal form: Private law foundation

Share:             EUR             25.000,00

 

 

Manager

 

Rolf Bauer

Panoramastr. 26

74638 Waldenburg

born 25.12.1943

Occupation: Businessman

Marital status: married

 

 

Manager

 

Wolfgang Rampmaier

Fasanenstr. 39

71665 Vaihingen

born 15.11.1952

Occupation: Businessman

Marital status: married

 

 

Manager

 

Rainer Bürkert

Diebacher Weg 12

74653 Ingelfingen

born 18.04.1966

 

 

 

 

 

Proxy

 

Ralf Lagerbauer

97980 Bad Mergentheim

authorized to jointly represent the company

born 21.03.1969

 

 

Limited Partner

 

Adolf Würth GmbH & Co. KG

Reinhold-Würth-Str. 12-17

74653 Künzelsau

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

Total cap. contribution: EUR  115.000.000,00

Share:                          EUR     22.500.000,00

Reg. Data:  26.08.1963

HRA 590261

70190 STUTTGART 1

Turnover:          EUR        900.000.000,00

Employees:    4.651

 

 

BUSINESS HISTORY

 

02.03.1999  

Würth Industrie Service GmbH & Co. KG

Reinhold-Würth-Str. 12 - 16

74653 Künzelsau

Ltd partnership with priv. ltd. Company as General partner

 

31.08.2001

Würth Industrie Service GmbH & Co. KG

Drillberg

97980 Bad Mergentheim

Ltd partnership with priv. ltd. Company as General partner

 

26.03.2003

Würth Industrie Service GmbH & Co. KG

Drillberg, Industriepark Würth

97980 Bad Mergentheim

Ltd partnership with priv. ltd. Company as General partner

 

 

BUSINESS ACTIVITIES

 

52461

RETAIL SALE OF IRON, METAL AND PLASTIC GOOD, N.E.C.

 

 

 

 

BRANCHES AND FACTORIES

 

Branch:

Würth Industrie Service GmbH & Co. KG

Gutenbergring 53

22848 Norderstedt

 

 

FINANCIAL INFORMATION

 

Payment experience:  takes advantage of cash discount

 

 

REAL ESTATE

 

Type of ownership:         proprietor

Share:                           100,00 %

Address                        Drillberg, Industriepark Würth

                                    97980 Bad Mergentheim

 

Private real estate

Name                            Würth Industrie Service Verwaltungs-GmbH

Type of ownership:         Tenant

Address                        Drillberg

                                    97980 Bad Mergentheim

 

Land register documents were not available.

 

 

BANKERS

 

KREISSPARKASSE MERGENTHEIM -ALT-, BAD MERGENTHEIM

Sort. code: 62351060, Account No: 1188

 

DEUTSCHE BANK, HEILBRONN, NECKAR

Sort. code: 62070081, Account No: 154468

 

 

FIGURES

 

Financial year:                           01.01. - 31.12.

Turnover:                                   2005     EUR        120.000.000,00

                                                2006     EUR        140.000.000,00

Total cap. contribution:                           EUR          22.500.000,00

Value of stocks:                                     EUR          16.000.000,00

Equipment:                                            EUR          16.500.000,00

Ac/ts receivable:                                    EUR          10.000.000,00

Liabilities:                                              EUR            5.000.000,00

Employees:                               600

Branch number:                         52461

 

 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