MIRA INFORM REPORT

 

 

Report Date :

30.12.2008

 

IDENTIFICATION DETAILS

 

Name :

OCULUS OPTIKGERÄTE GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG

 

 

Registered Office :

Münchholzhäuser Str. 29 35582 Wetzlar

 

 

Country :

Germany

 

 

Date of Incorporation :

09.07.1951

 

 

Com. Reg. No.:

HRB 23

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of Optical Instruments and Photographic Equipment

 

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Maximum Credit Limit :

EUR 250.000,00.

 

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

name & address

 

Oculus Optikgeräte Gesellschaft mit

beschränkter Haftung

Münchholzhäuser Str. 29

35582 Wetzlar

Telephone: 0641/20050

Telefax:   0641/2005-155

Homepage:  www.oculus.de

E-Mail:    Info@oculus.de

 

 

VAT no.       

 

DE112625210

 

 

CONCLUSION

 

 The maximum credit is EUR 250.000,00.

 Business relations are permissible.

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

1951

 

 

Registered on

 

09.07.1951

 

 

Commercial Register

 

Local court 35578 WETZLAR

under:               HRB 23

 


Share capital

 

EUR            770.000,00

 

 

Shareholder

 

Rainer Kirchhübel

Freiherr-vom-Stein-Str. 18

35614 Aßlar

born 12.06.1953

Share:             EUR            585.970,00

 

Shareholder:

Clemens Ulrich Michael Mager

Nelkenstr. 3

35418 Buseck

Share:             EUR            184.030,00

 

 

Manager

 

Rainer Kirchhübel

Freiherr-vom-Stein-Str. 18

35614 Aßlar

born 12.06.1953

Occupation: Businessman

Marital status: married

 

 

Further functions/participations of Rainer Kirchhübel (Manager)

 

Shareholder:

Mentis Beratungsgesellschaft für

medizinische Einrich- tungen mbH

Hungener Str. 11

35410 Hungen

Legal form: Private limited company

dissolved

Share capital:     EUR             25.564,60

Share:             EUR              6.391,15

Reg. Data:  23.11.1995

HRB 4803

61169 FRIEDBERG

 

Liquidator:

Mentis Beratungsgesellschaft für

medizinische Einrich- tungen mbH

Hungener Str. 11

35410 Hungen

Legal form: Private limited company

dissolved

Share capital:     EUR             25.564,60

Reg. Data:  23.11.1995

HRB 4803

61169 FRIEDBERG

 

 

BUSINESS ACTIVITIES

 

 26700

 Manufacture of optical instruments and photographic equipment

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:   proprietor

 Share:                100,00 %

 Address              Münchholzhäuser Str. 29

                      35582 Wetzlar

 Value at selling price:                 EUR          5.624.000,00

 

 Private real estate

 Name                 Rainer Kirchhübel

 Type of ownership:   proprietor

 Address              Freiherr-vom-Stein-Str. 18

                      35614 Aßlar

 

 Land register documents were not available.

 

 

BANKERS

 

COMMERZBANK, WETZLAR

 Sort. code: 51540037

 SPARKASSE WETZLAR, WETZLAR

 Sort. code: 51550035

 


 

FIGURES

 

Financial year:      01.01. - 31.12.

 Turnover:                      2006                 EUR         22.348.000,00

                                    2007                 EUR         22.348.000,00

 Share capital:                                       EUR            770.000,00

 Value of stocks:                                                EUR          3.400.000,00

 Equipment:                                           EUR            900.000,00

 Total number of vehicles:                                               12

 - Cars (leased):                                                             12

 Employees:                                                                  151

 

 The aforementioned business figures may partly be estimated

 information based on average values in the line of business.

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.48.50

UK Pound

1

Rs.70.02

Euro

1

Rs.67.95

 

 

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