MIRA
INFORM REPORT
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Report Date : |
11.09.2007 |
IDENTIFICATION DETAILS
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Name : |
Bugatti Shoes GmbH |
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Registered Office : |
Chamerstrasse 44, 6331
Huenenberg/ZG |
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Country : |
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Date of Incorporation : |
23-10-2003 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Wholesale trading with shoes - predominantly for men - and
fashion accessories in the mid-price category. |
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 5.000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Detail
assessment: |
payments: |
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There are no complaints about the mode of payment and
business conduct. |
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Individual
credit limit*: |
EUR 5.000,-- |
Name
Bugatti Shoes
GmbH
Legal domicile
Chamerstrasse
44
6331
Huenenberg/ZG
Switzerland
Telephone: 041
7636050
Fax: 041
7636055
CREDIT ADVICE
Requested
credit: Maximum credit
Credit opinion
: Interviewed parties are of the opinion that a maximum credit of EUR 5.000 can
be accepted.
This credit
advice is based on information available at the time of conducting the
research, being the above indicated date.
All amounts in
this report are given in Swiss Francs (CHF) unless otherwise stated.
GENERAL COMPANY DATA
OFFICIAL DATA:
Legal
form: Limited liability company
Registration: 23-10-2003
First
Publication: 29-10-2003
Last
Publication: 03-07-2007
Original
capital: 20.000
Paid up: 20.000
Direct Parent
com.: astromueller ag, 6340 Baar/ZG,
Switzerland/CH.
Company
Management: Tim-Thorsten Mueller
Registered
domicile 03-07-2007, 6331
Huenenberg/ZG
Previous,
6340 Baar/ZG
ACTIVITY:
Line of
business: Trade in shoes
Sector:
Wholesale
Activity:
The scope of
business encompasses the wholesale trading with shoes - predominantly for men -
and fashion accessories in the mid-price category.
The customer base
includes resellers (shoe stores).
Marks,
Represent.: Bugatti
In Germany
Bugatti maintains a store room for deliveries in Europe.
Trading
area: Foreign/Abroad
Import/Export:
The company is active in Import and Export.
Import: India, Romania, Portugal, Asia
EMPLOYEES:
Number of
employees: 10
PAYMENT AND FINANCIAL
DATA
PAYMENT
EXPERIENCES:
Legal actions
: Information only available against proof of interest.
There are no
complaints about the mode of payment and business conduct.
There is a
lack of comprehensive experience as regards the payment conduct. Large-scale
financial transactions should therefore preferably be safeguarded by
appropriate sureties or capital guarantees.
FINANCIAL
DATA:
Financial
position: The financial affairs are
considered to be in order.
Financial
Statements: The company does not disclose detailed financial statements.
Third parties
are however not permitted any detailed insight into the financial affairs.
Key figures
(in CHF 1.000):
31.12.2006
Sales 20'000.0
Banker(-s): Credit
Suisse (CS), 6300 Zug
Premises: The
premises at the above mentioned address are rented.
Fiscal
taxation: No information is available due
to the local tax authority regulation.
COMPANY AND PERSON
RELATIONS
COMPANY
CONNECTIONS:
Direct Parent
com.: astromueller ag, 6340 Baar/ZG,
Switzerland/CH.
PARTNER:
astormueller
ag, in Baar/ZG/Switzerland,
Partner,
without signing authority.
Capital share:
CHF 19'000.--.
Tim-Torsten
Mueller, from Germany, in Cham/ZG/Switzerland,
Partner,
General Manager, sole signature.
Capital share:
CHF 1'000.--.
MANAGEMENT:
Adelheid
Birrer-Frey, from Ebikon, in Baar/ZG/Switzerland,
Authorised
signatory, sole signature.
PERSONNEL
INFORMATION:
There are no
detrimental reports on the senior executives' business conduct.
FURTHER
MANDATES:
Tim-Thorsten
Mueller:
- TM Sports
GmbH, Huenenberg
- Titom Invest
GmbH, Huenenberg
- astromueller
ag, Huenenberg
- focus shoe
trading gmbh, Huenenberg
COMMENTS:
There is no
registration under the name of this company listed in the telephone directory.
The
communication numbers at the header address correspond to the parent company
astromueller ag.
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%)