MIRA INFORM REPORT

 

 

Report Date :

22.12.2008

 

IDENTIFICATION DETAILS

 

Name :

CONTEMPO GOODS TRADING CONNECTIONS GMBH

 

 

Registered Office :

Messenhäuser Str. 24, 63128 Dietzenbach

 

 

Country :

Germany

 

 

Date of Incorporation :

22.05.1997

 

 

Com. Reg. No.:

HRB 12075

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Non-specialized Wholesale Trade

Other Service Activities

 

 

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 100.000,00.

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

name & address

 

CONTEMPO Goods Trading Connections GmbH

Messenhäuser Str. 24

63128 Dietzenbach

Telephone: 06074/4007630

Telefax:   06074/40076340

Homepage:  www.contempo.de

E-Mail:    info@contempo.de

 

 

VAT no.            

 

DE187953433

 

 

CONCLUSION

 

The maximum credit is EUR 100.000,00.

 Business relations are permissible.

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

22.05.1997

 

 

Shareholders' agreement

 

22.05.1997

 

 

Registered on

 

27.09.2001

 

 

Commercial Registe

 

Local court 63065 OFFENBACH A.MAIN

 under:               HRB 12075

 

Share capital                        

 

EUR            500.000,00

 

 

Shareholder

 

Gudrun Roozen

Im Wiesenring 22

63150 Heusenstamm

born 28.09.1940

Share:             EUR            357.150,00

 

Shareholder:

Christoffer Roozen

Weiskircher Weg 7

63150 Heusenstamm

born 06.06.1971

Share:             EUR            142.850,00

 

 

Manager

 

Christoffer Roozen

Weiskircher Weg 7

63150 Heusenstamm

having sole power of representation

born 06.06.1971

Occupation: Businessman

 

 

BUSINESS HISTORY

 

 22.05.1997           CONTEMPO Goods Trading Connections GmbH

                      Berrenrather Str. 124

                      50354 Hürth

                      Private limited company

 

 

BUSINESS ACTIVITIES

 

 4690

 Non-specialized wholesale trade

 96090

 Other service activities n. e. c.

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:   Tenant

 Address              Messenhäuser Str. 24

                      63128 Dietzenbach

 

 Land register documents were not available.

 

 

BANKERS

 

 KREISSPARKASSE KÖLN, FRECHEN

 Sort. code: 37050299

 

 

 FIGURES

 

Financial year:      01.01. - 31.12.

 Share capital:                          EUR            500.000,00

 Value of stocks:                                    EUR          1.271.803,00

 Equipment:                              EUR             47.342,00

 Ac/ts receivable:                                   EUR          2.916.012,00

 Liabilities:                                 EUR          1.966.504,00

 Employees:                                                     89

 - Salaried employees:                                          18

 - Part-time employees:                                         71

 

 Approximate figures are given.

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.48.49

UK Pound

1

Rs.71.89

Euro

1

Rs.67.86

 

 

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