MIRA
INFORM REPORT
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Report Date : |
24.09.2007 |
IDENTIFICATION DETAILS
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Name : |
Govind Jain
e.K. |
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Registered Office : |
Mainzer
Str. 57-59, 55743 Idar-Oberstein |
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Country : |
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Date of Incorporation : |
15.02.1980 |
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Com. Reg. No.: |
HRA 11356 |
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Legal Form : |
Sole
Proprietorship |
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Line of Business : |
Wholesale
Trade in Watches, Precious Metall Goods and Jewelry |
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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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
Govind Jain e.K.
Mainzer Str. 57-59
55743 Idar-Oberstein
Telephone: 06781/42727
Telefax: 06781/41727
E-Mail: govindjain@web.de
CONCLUSION
Business relations are permissible.
LEGAL FORM
Sole proprietorship
Date of foundation
15.02.1980
Registered on
15.02.1980
Register of companies
Local court 55543 BAD KREUZNACH
Under
HRA 11356
Proprietor
Govind Narain Jain
Langwiesenstraße 14
55743 Idar-Oberstein
born 02.07.1951
Marital status: married
BUSINESS HISTORY
25.11.1981
Govind Jain oHG
Mainzer Str.34
55743 Idar-Oberstein
General Partnership
21.01.1998
Govind Jain
Mainzer Str. 34
55743 Idar-Oberstein
Sole proprietorship
BUSINESS ACTIVITIES
51474
WHOLESALE TRADE IN WATCHES, PRECIOUS METALL GOODS AND JEWELRY
FINANCIAL INFORMATION
Payment experience: within
agreed terms
REAL ESTATE
Type of ownership: Tenant
Address Mainzer Str. 57-59
55743 Idar-Oberstein
Land register documents were not available.
BANKERS
COMMERZBANK, IDAR-OBERSTEIN
Sort. code: 56240050, Account No: 1691799
FIGURES
Financial year: 01.01.
- 31.12.
Turnover:
2006 EUR 5.500.000,00
Equipment: EUR 70.000,00
Total number of vehicles: 2
- Cars (owned):
2
Employees:
8
The aforementioned business figures may partly be estimated information based on average values in the line of business.
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%)