MIRA INFORM REPORT

 

 

 

Report Date :

29.04.2008

 

IDENTIFICATION DETAILS

 

Name :

FACKELMANN GMBH + CO. KG

 

 

Registered Office :

Werner-von-Siemens-Str. 6, 91217 Hersbruck

 

 

Country :

Germany

 

 

Date of Incorporation :

1919

 

 

Com. Reg. No.:

HRA 8619

 

 

Legal Form :

Limited partnership with private limited Company as General partner

 

 

Line of Business :

Manufacture of Wooden Goods Nec

Manufacture of Plastic 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

 

Maximum Credit Limit :

EUR 250.000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

name & address

 

Fackelmann GmbH + Co. KG

Werner-von-Siemens-Str. 6

91217 Hersbruck

Telephone:        09151/811-0

Telefax:             09151/811294

Homepage:        www.fackelmann.de

E-Mail:              reinhard.wild@fackelmann.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

 

1919

 

 

Registered on

 

10.02.1983

 

 

Register of companies

 

Local court 90402 NÜRNBERG

 

 

Under

 

HRA 8619

 

 

Total cap. Contribution

 

EUR            766.937,82

 

 

General Partner

 

Fackelmann Verwaltungs-GmbH

Werner-von-Siemens-Str. 6

91217 Hersbruck

Legal form: Private limited company

Share capital:     EUR             25.564,59

Reg. Data:  17.12.1982

HRB 5878

90402 NÜRNBERG

 

 

Shareholder

 

Sebastian Fackelmann

Hans-Sachs-Ring 11

91217 Hersbruck

born 15.01.1928

deceased on: 2003

Share:             EUR             25.564,59

 

 

Manager

 

Heinrich Hofmann

91217 Hersbruck

having sole power of representation

born 30.10.1953

 

 

Proxy

 

Reinhard Wild

91217 Hersbruck

authorized to jointly represent the company

born 31.10.1947

 

 

Proxy

 

Thomas Sperber

91238 Engelthal

authorized to jointly represent the company

born 28.08.1966

 

 

General Partner

 

Alexander Fackelmann

Schmalzbergstr. 12

90607 Rückersdorf

born 25.07.1956

Occupation: Fully qualified merchant

Marital status: unknown

 

 

Limited Partner

 

Norbert Fackelmann

Hans-Sachs-Ring 11

91217 Hersbruck

born 06.07.1958

Share:             EUR            766.937,82

 

 

Proxy

 

Reinhard Wild

91217 Hersbruck

authorized to jointly represent the company

born 31.10.1947

 

 

Proxy

 

Thomas Sperber

91238 Engelthal

born 28.08.1966

 

 

Proxy

 

Horst Bär

91224 Pommelsbrunn

born 01.10.1964

 

 

Further functions/participations of

Alexander Fackelmann (General Partner)

 

General Partner:

Alexander Fackelmann und Norbert Fackelmann

Werner-von-Siemens-Str. 6

91217 Hersbruck

Legal form: Partnership under the Civil Code

 

Limited Partner:

GAM Patisserie GmbH & Co. KG

Werner-von-Siemens-Str. 2

91217 Hersbruck

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

Total cap. contribution: EUR    2.000.000,00

Share:             EUR          1.000.000,00

Reg. Data:  29.04.2003

HRA 13106

90402 NÜRNBERG

Turnover:          EUR         20.000.000,00

Employees:       160

 

Limited Partner:

Gebr. Fackelmann Immobilien GmbH & Co. KG

Werner-von-Siemens-Str. 6

91217 Hersbruck

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

Total cap. contribution: EUR    1.000.000,00

Share:             EUR            500.000,00

Reg. Data:  29.04.2003

HRA 13107

90402 NÜRNBERG

 

Limited Partner:

Habsberger Golfanlagen GmbH & Co. KG

Zum Golfplatz 1

92355 Velburg

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

Total cap. contribution: EUR    6.865.112,00

Share:             EUR            125.000,00

Reg. Data:  22.04.1999

HRA 11692

90402 NÜRNBERG

 

Limited Partner:

Fackelmann Dienstleistungen GmbH & Co. KG

Werner-von-Siemens-Str. 6

91217 Hersbruck

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

Total cap. contribution: EUR       25.564,59

Share:             EUR             12.782,30

Reg. Data:  29.07.1987

HRA 9372

90402 NÜRNBERG

Employees:       730

 

Shareholder:

Fackelmann Heimarbeit Verwaltungs-

Gesellschaft mbH

Nürnberger Str. 55

91217 Hersbruck

Legal form: Private limited company

Share capital:     EUR             25.564,59

Share:             EUR             25.564,59

Reg. Data:  24.03.1987

HRB 7816

90402 NÜRNBERG

 

Shareholder:

Jura Golf Park GmbH

Zum Golfplatz 1

OT Unterwiesenacker

92355 Velburg

Legal form: Private limited company

Share capital:     EUR            689.000,00

Share:             EUR             12.500,00

Reg. Data:  06.04.2001

HRB 18133

90402 NÜRNBERG

Employees:       30

 

Shareholder:

GAM Patisserie Verwaltungs-GmbH

Werner-von-Siemens-Str. 6

91217 Hersbruck

Legal form: Private limited company

Share capital:     EUR             25.000,00

Share:             EUR             12.500,00

Reg. Data:  29.04.2003

HRB 20057

90402 NÜRNBERG

 

Shareholder:

Gebr. Fackelmann Immobilien Verwaltungs GmbH

Werner-von-Siemens-Str. 2

91217 Hersbruck

Legal form: Private limited company

Share capital:     EUR             25.000,00

Share:             EUR             12.500,00

Reg. Data:  29.04.2003

HRB 20058

90402 NÜRNBERG

 

Shareholder:

Gebrüder Kössler & Ulbricht Verwaltungs-GmbH

Nordostpark 78

90411 Nürnberg

Legal form: Private limited company

Share capital:     EUR             37.950,00

Share:             EUR              3.800,00

Reg. Data:  13.08.1992

HRB 11194

90402 NÜRNBERG

 

Manager:

Fackelmann Heimarbeit Verwaltungs-Gesellschaft mbH

Nürnberger Str. 55

91217 Hersbruck

Legal form: Private limited company

Share capital:     EUR             25.564,59

Reg. Data:  24.03.1987

HRB 7816

90402 NÜRNBERG

 

Manager:

GAM Patisserie Verwaltungs-GmbH

Werner-von-Siemens-Str. 6

91217 Hersbruck

Legal form: Private limited company

Share capital:     EUR             25.000,00

Reg. Data:  29.04.2003

HRB 20057

90402 NÜRNBERG

 

Manager:

Gebr. Fackelmann Immobilien Verwaltungs GmbH

Werner-von-Siemens-Str. 2

91217 Hersbruck

Legal form: Private limited company

Share capital:     EUR             25.000,00

Reg. Data:  29.04.2003

HRB 20058

90402 NÜRNBERG

 

 

BUSINESS HISTORY

 

1919

Ludwig Fackelmann und Heinrich Fackelmann

Werner-von-Siemens-Str. 6

91217 Hersbruck

Partnership under the Civil Code

 

01.01.1983

Fackelmann GmbH + Co

Werner-von-Siemens-Str. 6

91217 Hersbruck

Ltd partnership with priv. ltd. Company as General partner

 

 

BUSINESS ACTIVITIES

 

20510

MANUFACTURE OF WOODEN GOODS NEC

 

252

MANUFACTURE OF PLASTIC PRODUCTS

 

 

BRANCHES AND FACTORIES

 

Branch:

Fackelmann GmbH + Co - Versand -

Nürnberger Str. 55

91217 Hersbruck

 

 

PARTICIPATION

 

Limited Partner:

SIEGER GmbH & Co.

Obere Dammstr. 18

42653 Solingen

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

insolvent

Total cap. contribution: EUR      146.000,00

Share:             EUR             73.000,00

Reg. Data:  09.04.1965

HRA 19819

42103 WUPPERTAL

Turnover:          EUR          3.700.000,00

Employees:      25

 

Limited Partner:

FAMÖ Grundbesitz GmbH & Co. KG

Obere Dammstr. 18

42653 Solingen

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

Total cap. contribution: EUR      100.000,00

Share:             EUR             50.000,00

Reg. Data:  31.01.2005

HRA 21580

42103 WUPPERTAL

 

Shareholder:

MENZ Stahlwaren GmbH

Otto-Keiner-Str. 23a

98554 Benshausen

Legal form: Private limited company

Share capital:     EUR            102.258,38

Share:             EUR             51.129,19

Reg. Data:  02.12.1992

HRB 300169

07745 JENA

Turnover:          EUR          4.238.000,00

Employees:      26

 

Shareholder:

SIEGER Beteiligungs-GmbH

Obere Dammstr. 18

42653 Solingen

Legal form: Private limited company

insolvent

Share capital:     EUR             26.000,00

Share:             EUR             13.000,00

Reg. Data:  24.02.1965

HRB 14777

42103 WUPPERTAL

 

Shareholder:

FAMÖ Beteiligungs-GmbH

Obere Dammstr. 18

42653 Solingen

Legal form: Private limited company

Share capital:     EUR             25.000,00

Share:             EUR             12.500,00

Reg. Data:  04.01.2005

HRB 18901

42103 WUPPERTAL

 

 

FINANCIAL INFORMATION

 

Payment experience:  cash discount/within agreed terms

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Werner-von-Siemens-Str. 6

                                    91217 Hersbruck

 

Type of ownership:         Tenant

Address                        Nürnberger Str. 55

                                    91217 Hersbruck

 

Private real estate

 

Name                                        Fackelmann Verwaltungs-GmbH

Type of ownership:         Tenant

Address                        Werner-von-Siemens-Str. 6

                                    91217 Hersbruck

 

Name                            Alexander Fackelmann

Type of ownership:         part owner

Share:                           50,00 %

Address                        Werner-von-Siemens-Str. 6

                                    91217 Hersbruck

 

Name                            Alexander Fackelmann

Type of ownership:         part owner

Share:                           50,00 %

Address                        Nürnberger Str. 55

                                    91217 Hersbruck

 

Name                            Alexander Fackelmann

Type of ownership:         unknown

Address                        Schmalzbergstr. 12

                                    90607 Rückersdorf

 

Land register documents were not available.

 

 

BANKERS

 

BAYER HYPO- UND VEREINSBANK, NÜRNBERG, MITTELFR

Sort. code: 76020070

 

COMMERZBANK, NÜRNBERG, MITTELFR

Sort. code: 76040061

 

SPARKASSE NÜRNBERG, HERSBRUCK

Sort. code: 76050101

 

POSTBANK, NÜRNBERG, MITTELFR

Sort. code: 76010085

 

 

FIGURES

 

Financial year:                           01.07. - 30.06.

Turnover:                                   2004/2005        EUR        122.790.000,00

                                                2005/2006        EUR        130.000.000,00

                                                2006/2007         EUR        135.000.000,00

Total cap. contribution:                                       EUR               766.937,82

Value of stocks:                                                 EUR          10.000.000,00

Equipment:                                                        EUR            7.500.000,00

Ac/ts receivable:                                                EUR          11.000.000,00

Liabilities:                                                          EUR            2.000.000,00

Total number of vehicles:            154

- Lorries (owned):                       4

- Cars (owned):                                      150

Employees:                                           460

 

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