MIRA INFORM REPORT

 

 

 

Report Date :

06.08.2008

 

IDENTIFICATION DETAILS

 

Name :

WIRO PRÄZISIONS-WERKZEUGBAU GMBH & CO. KG

 

 

Registered Office :

Sabmicker Hammer 41 57462 Olpe

 

 

Country :

Germany

 

 

Date of Incorporation :

04.09.2003

 

 

Com. Reg. No.:

HRA 7669

 

 

Legal Form :

Limited Partnership with Private Limited Company as General Partner

 

 

Line of Business :

Manufacture of Other Tools

 

 

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 170.000,00.

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

name & address

 

WIRO Präzisions-Werkzeugbau GmbH & Co. KG

Saßmicker Hammer 41

57462 Olpe

Telephone: 02761/3003

Telefax:   02761/3005

E-Mail:    info@wiro.com

 

 

 

VAT no.         

 

 DE813770822

 

 

Tax ID number   

 

338/5862/2368

 

 

SOLVENCY RATING  

 

1,9

 

 

CONCLUSION

 

The maximum credit is EUR 170.000,00.

 Business relations are permissible.

 

 

LEGAL FORM          

 

Ltd partnership with priv. ltd. Company as General partner

 

 

Registered on    

 

04.09.2003

 


 

Register of   companies    

 

Local court 57072 SIEGEN

 under:               HRA 7669

 

 

Total cap. contribution               

 

EUR             51.129,19

 

 

General Partner

 

Christa Rohlje

57462 Olpe

without power of representation

born: Milde

born 05.03.1938

 

General Partner:

WIRO Geschäftsführungs GmbH

Saßmicker Hammer 41

57462 Olpe

Legal form: Private limited company

Share capital:     EUR             25.000,00

Reg. Data:  27.08.2003

HRB 7548

57072 SIEGEN

Employees:      1

 

 

Shareholder

 

Reiner Rohlje

Saßmicker Hammer 41

57462 Olpe

born 11.04.1960

Share:          EUR             15.000,00

 

Shareholder:

Wilfried Rohlje

Hardtweg 16

57462 Olpe

born 17.03.1933

Share:            EUR             10.000,00

 


 

Manager

 

Reiner Rohlje

Saßmicker Hammer 41

57462 Olpe

having sole power of representation

born 11.04.1960

Occupation: Master toolmaker

Marital status: married

Children:       3

 

 

Limited Partner

 

Reiner Rohlje

Saßmicker Hammer 41

57462 Olpe

born 11.04.1960

Share:             EUR             30.677,51

 

Limited Partner:

Wilfried Rohlje

Hardtweg 16

57462 Olpe

born 17.03.1933

Share:             EUR             20.451,68

 

 

BUSINESS HISTORY

 

 04.07.1979           Wilfried Rohlje KG

                      Saßmicker Hammer 41

                      57462 Olpe

                      Limited partnership

 26.03.1985           WIRO Präzisions-Werkzeugbau GmbH

                      Saßmicker Hammer 41

                      57462 Olpe

                      Private limited company

 04.09.2003           WIRO Präzisions-Werkzeugbau GmbH & Co. KG

                      Saßmicker Hammer 41

                      57462 Olpe

                      Ltd partnership with priv. ltd. Company as

                      General partner

 


 

BUSINESS ACTIVITIES

 

 25735

 Manufacture of other tools

 

 

FINANCIAL INFORMATION

 

 Solvency rating:      1,9

 Payment experience:  cash discount/within agreed terms

 

 

REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Saßmicker Hammer 41

                            57462 Olpe

 

 Land register documents were not available.

 

 

BANKERS

 

 DRESDNER BANK, OLPE, BIGGESEE

 Sort. code: 46080010

 DEUTSCHE BANK, OLPE, BIGGESEE

 Sort. code: 46070090

 VOLKSBANK OLPE, OLPE, BIGGESEE

 Sort. code: 46260023

 

 

FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:                      2006                 EUR          8.700.000,00

                                    2007                 EUR          8.500.000,00

 Total cap. contribution:                          EUR             51.129,19

 Value of stocks:                                                EUR            300.000,00

 Ac/ts receivable:                                               EUR            750.000,00

 Liabilities:                                             EUR            300.000,00

 Employees:                                                                              38

 Branch number:       25735


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.42.00

UK Pound

1

Rs.82.14

Euro

1

Rs.65.09

 

 

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