MIRA
INFORM REPORT
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Report Date : |
30.12.2008 |
IDENTIFICATION DETAILS
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Name : |
RADIO FREQUENCY SYSTEMS GESELLSCHAFT MIT |
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Registered Office : |
Beschränkter
Haftung, Kabelkamp 20 30179 |
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Country : |
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Year of Establishment : |
1990 |
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Com. Reg. No.: |
HRB 52392 |
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Legal Form : |
Private
Limited Company |
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Line of Business : |
Manufacture
of Electric Installation Supplies Wholesale
of Electrical Household Appliances and Radio And Television Goods |
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
Radio Frequency Systems Gesellschaft mit
beschränkter Haftung
Kabelkamp 20
30179
Telephone: 0511/6762731
Telefax: 0511/6763750
Homepage: www.rfs.de
E-Mail:
rfseurope@rfsworld.com
CONCLUSION
The maximum credit is EUR 250.000,00.
Business relations are permissible.
LEGAL FORM
Private
limited company
Date of foundation
1990
Shareholders' agreement
17.12.1990
Registered on
23.05.1991
Commercial Register
Local
court 30175
under: HRB 52392
Share capital
EUR 10.225.850,00
Shareholder
Alcatel Cables and Components
Beteiligungsgesellschaft mbH
Lorenzstr. 10
70435
Legal form: Private limited company
dissolved
Share capital: EUR 511.300,00
Share: EUR 10.225.850,00
Reg. Data: 13.03.1996
HRB 17698
70190
Control and profit transfer agreement
Manager
Mark Davies
38100 Braunschweig
having sole power of representation
born 19.09.1957
Proxy
Christian Sperling
Holzhof 4
31867 Lauenau
authorized to jointly represent the company
born 29.01.1964
Proxy:
Martin Greiner
30966 Hemmingen
having sole power of representation
born 01.01.1964
BUSINESS HISTORY
23.05.1991 RFS
Gesellschaft mit be-
schränkter Haftung
Kabelkamp 20
30179
Private limited company
BUSINESS ACTIVITIES
27330
Manufacture of electric installation supplies
4643
Wholesale of electrical household appliances
and radio and
television goods
46693
Wholesale of other equipment and accessories
for machinery and
technical supplies
96090
Other service activities n. e. c.
PARTICIPATION
Shareholder:
Logistics Warehousing
Systems GmbH
Kabelkamp 20
30179
Legal form: Private
limited company
Share capital: EUR 25.000,00
Share: EUR 10.000,00
Reg. Data: 09.01.2006
HRB 200311
30175
FINANCIAL INFORMATION
Payment
experience: cash discount/within agreed
terms
REAL ESTATE
Type of
ownership: Tenant
Address Kabelkamp 20
30179
Land register documents were not available.
BANKERS
DRESDNER BANK,
Sort. code: 25080020
DEUTSCHE BANK,
Sort. code: 25070070
COMMERZBANK,
Sort. code: 25040066
NORDDEUTSCHE LANDESBANK GIROZENTRALE,
Sort. code: 25050000
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2006 EUR 179.114.000,00
2007
EUR 175.000.000,00
Share capital: EUR 10.225.850,00
Employees:
362
- Salaried employees: 172
- Workers:
190
Control
and profit transfer agreement with:
Alcatel Cables and
Components
Beteiligungsgesellschaft
mbH
70435
The aforementioned business figures may partly
be estimated
information based on average values in the line of business.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.48.50 |
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1 |
Rs.70.02 |
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Euro |
1 |
Rs.67.95 |
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%)