MIRA
INFORM REPORT
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Report Date : |
03.12.2008 |
IDENTIFICATION
DETAILS
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Name : |
BAY CITY TEXTILHANDELS GMBH & CO. KG |
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Registered Office : |
An'n Slagboom 7 22848 Norderstedt |
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Country : |
Germany |
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Year of Establishment : |
1975 |
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Com. Reg. No.: |
HRA 1912 NO |
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Legal Form : |
Limited Partnership with Private Limited Company as General
Partner |
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Line of Business : |
Wholesaler of Clothing |
RATING &
COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
EUR 250.000,00. |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
Bay City Textilhandels GmbH & Co. KG
An'n Slagboom 7
22848 Norderstedt
Telephone: 040/53413300
Telefax: 040/53413301
Homepage: www.bay-city.de
E-Mail:
baycity@fashioncenter.net
VAT no.
DE134375803
Tax ID number
11 266 66004
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
1975
Registered on
02.01.1985
Register of companies
Local court 24114 KIEL
under: HRA
1912 NO
Total cap. contribution
EUR 1.942.909,15
General Partner
Beteiligungsgesellschaft Bay City
Textilhandels GmbH
An' n Slagboom
22848 Norderstedt
Legal form: Private limited company
Share capital: EUR 25.564,59
Reg. Data: 02.08.1985
HRB 2067 NO
24114 KIEL
Shareholder
Jan-Peter Schmidt
20095 Hamburg
born 11.03.1971
Share: EUR 25.564,59
Manager
Jan-Peter Schmidt
20095 Hamburg
born 11.03.1971
Occupation: Businessman
Limited Partner
Jan-Peter Schmidt
20095 Hamburg
born 11.03.1971
Share: EUR 1.942.909,15
BUSINESS HISTORY
26.03.1997 Bay City Textilhandels GmbH &
Co. KG
Gutenbergring 69d
22848
Norderstedt
Ltd
partnership with priv. ltd. Company as
General partner
30.04.2002 Bay City Textilhandels GmbH &
Co. KG
An' n
Slagboom 7
22848
Norderstedt
Ltd partnership
with priv. ltd. Company as
General partner
BUSINESS ACTIVITIES
46421
Wholesale of clothing
BRANCHES AND FACTORIES
Branch:
Bay
City Textilhandels GmbH & Co. KG
Feldstr. 11
24568
Kaltenkirchen
Branch:
Bay
City Textilhandels GmbH &
Siemensstr. 38
48565
Steinfurt
Branch:
Bay
City Textilhandels GmbH & Co. KG
Poppenbütteler Bogen
22399
Hamburg
FINANCIAL INFORMATION
Payment experience: within
agreed terms
REAL ESTATE
Type of ownership: Tenant
Address An' n Slagboom 7
22848
Norderstedt
Land register documents
were not available.
BANKERS
BERENBERG, JOH. - GOSSLER
& CO, HAMBURG
Sort. code: 20120000,
Account No: 6086003
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2006 EUR 20.000.000,00
2007 EUR 20.000.000,00
Total cap.
contribution: EUR 1.942.909,15
Value of stocks: EUR 2.000.000,00
Equipment: EUR 600.000,00
Total number of
vehicles:
10
- Cars (owned):
10
Employees:
35
Approximate figures are given.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.90 |
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UK Pound |
1 |
Rs.74.30 |
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Euro |
1 |
Rs.63.42 |
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%)