MIRA INFORM REPORT

 

 

 

Report Date :

04.12.2008

 

IDENTIFICATION DETAILS

 

Name :

VINK + CO. GMBH

 

 

Registered Office :

Eichenhöhe 24, 21255 Kakenstorf, Post Box:  1329

 

 

Country :

Germany

 

 

Year of Establishment:

1981

 

 

Com. Reg. No.:

HRA 1938

 

 

Legal Form :

Limited Partnership with Private Limited Company as General Partner

 

 

Line of Business :

Agents involved in the Sale of a Variety of Goods

Non-Specialized Wholesale of Raw Materials and Half-Finished and Finished Goods

 

 

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

 

Vink + Co. GmbH und Handelsgesellschaft und

Co KG

Eichenhöhe 24

21255 Kakenstorf

Post Box:  1329

Telephone: 04186/88800

Telefax:     04186/888010

Homepage:  www.vink-co.de

E-Mail:         vink@vink-co.de

 

 

VAT no.           

 

DE114963096

 

 

Tax ID number     

 

15/201/17709

 

 

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

 

1981

 

 

Registered on     

 

22.10.1991


 

Register of companies        

 

Local court 21255 TOSTEDT

under:               HRA 1938

 

 

Total cap. contribution              

 

EUR             76.693,78

 

 

General Partner

 

Vink & Co. GmbH

Eichenhöhe 24

21255 Kakenstorf

Legal form: Private limited company

Share capital:     EUR             26.000,00

Reg. Data:  10.10.1991

HRB 3374

21255 TOSTEDT

 

Shareholder

 

Cornelus Vink

Am Beek 13a

21255 Tostedt

born 19.02.1943

Share:             EUR             26.000,00

 

 

Manager

 

Agatha Arigje Vink

Am Beek 13 a

21255 Tostedt

having sole power of representation

born: de Mik

born 01.10.1949

Occupation: Businessman

Marital status: married

 


 

Limited Partner

Cornelus Vink

Am Beek 13a

21255 Tostedt

born 19.02.1943

Share:             EUR             76.693,78

 

 

BUSINESS HISTORY

 

 11.12.2002           Vink + Co. GmbH und Handelsgesellschaft und

                      Co KG

                      Am Beek 13

                      21255 Tostedt

                      Ltd partnership with priv. ltd. Company as

                      General partner

 

 

BUSINESS ACTIVITIES

 

 46190

 Agents involved in the sale of a variety of goods

 46901

 Non-specialized wholesale of raw materials and half-finished and

 finished goods

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

 REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Eichenhöhe 24

                      21255 Kakenstorf

 

 Private real estate

 Name                 Vink & Co. GmbH

 Type of ownership:   Tenant

 Address              Eichenhöhe 24

                      21255 Kakenstorf

 

 Land register documents were not available.

 

 

 


BANKERS

 

DEUTSCHE BANK, HAMBURG

 Sort. code: 20070000

 COMMERZBANK, HAMBURG

 Sort. code: 20040000

 BAYER HYPOVEREINSBANK EX VEREINS UND WESTBANK, HAMBURG

 Sort. code: 20030000

 

 

FIGURES

 

 Financial year:      01.07. - 30.06.

 Turnover:                      2005/2006                     EUR         47.667.277,00

                                    2006/2007                     EUR         61.893.436,00

 Total cap. contribution:                                      EUR             76.693,78

 Employees:                                                                              13

 

 Approximate figures are given.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.79

UK Pound

1

Rs.73.37

Euro

1

Rs.63.08

 

 

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