MIRA
INFORM REPORT
|
Report Date : |
31.07.2008 |
IDENTIFICATION
DETAILS
|
Name : |
GIORGIO PASSIGATTI GMBH |
|
|
|
|
Registered Office : |
Baumgartenstr. 16, 89231 Neu-Ulm, Post Box: 18 80 |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
01.10.1950 |
|
|
|
|
Com. Reg. No.: |
HRB 6809 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacture
of other Wearing Apparel and Accessories 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 250.000,00. |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
Name & address
Giorgio Passigatti GmbH
Baumgartenstr. 16
89231 Neu-Ulm
Post Box: 18 80
Telephone: 0731/985770
Telefax: 0731/9857777
Homepage:
www.passigatti.com
E-Mail: info@passigatti.com
VAT no.
DE130815726
Tax ID number
151/257/20096
SOLVENCY RATING
1,2
CONCLUSION
The maximum credit is EUR 250.000,00.
Business relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 01.10.1950
Shareholders' agree-
ment: 27.11.1979
Registered on: 19.02.1980
Commercial Register: Local
court 87700 MEMMINGEN
under: HRB 6809
Share capital:
EUR 200.000,00
Shareholder
Alexander Passigatti
Baumgartenstr. 3
89231 Neu-Ulm
born 21.11.1970
Share: EUR 200.000,00
Manager
Alexander Passigatti
Baumgartenstr. 3
89231 Neu-Ulm
having sole power of representation
born 21.11.1970
Marital status: married
Further functions/participations of Alexander Passigatti (Manager)
Manager:
Passigatti Mode GmbH
Baumgartenstr. 3
89231 Neu-Ulm
Legal form: Private limited company
Share capital: EUR 25.564,59
Reg. Data: 30.12.1998
HRB 10467
87700 MEMMINGEN
BUSINESS HISTORY
01.10.1950
Giorgio Passigatti
89233 Neu-Ulm
Unregistered commercial enterprise
04.1953 Giorgio Passigatti
89073 Ulm
Unregistered commercial enterprise
01.01.1964 Giorgio Passigatti
Baumgartenstr. 3
89231 Neu-Ulm
Unregistered commercial enterprise
19.02.1980 Giorgio Passigatti GmbH
Baumgartenstr. 3
89231 Neu-Ulm
Private limited company
BUSINESS ACTIVITIES
14190
Manufacture of other wearing apparel and accessories n.e.c.
46421
Wholesale of clothing
FINANCIAL INFORMATION
Solvency rating: 1,2
Payment experience: cash
discount/within agreed terms
Trend of business:
positive
Order position: good
Earning position: good
Market position: Market
leader
REAL ESTATE
Type of ownership: Tenant
Address Baumgartenstr. 16
89231 Neu-Ulm
Private real estate
Name Alexander Passigatti
Type of ownership: proprietor
Share: 100,00 %
Address Baumgartenstr.
16
89231 Neu-Ulm
Value at selling
price: EUR 3.068.000,00
Land register documents were not available.
BANKERS
DRESDNER BANK, ULM, DONAU
Sort. code: 63080015
BAYERISCHE LANDESBANK, MÜNCHEN
Sort. code: 70050000
COMMERZBANK, ULM, DONAU
Sort. code: 63040053
SPARKASSE NEU-ULM-ILLERTISSEN, NEU-ULM
Sort. code: 73050000
DEUTSCHE BANK, NEU-ULM
Sort. code: 63070088
FIGURES
Financial
year: 01.01. - 31.12.
Turnover:
2006 EUR 17.500.000,00
Share capital: EUR 200.000,00
Value of stocks: EUR
649.642,00
Equipment: EUR 419.170,00
Ac/ts receivable: EUR
3.029.731,00
Liabilities: EUR 1.937.393,00
Real estate of the firm: EUR 4.857.000,00
Total number of vehicles: 6
-
Lorries (leased): 1
-
Cars (owned): 2
-
Cars (leased): 3
Employees: 96
-
Salaried employees: 40
-
Trainees: 1
-
Freelance: 55
Approximate figures are given.
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 42.49 |
|
UK Pound |
1 |
Rs. 84.21 |
|
Euro |
1 |
Rs. 66.33 |
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%)