MIRA
INFORM REPORT
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Report Date : |
08.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
BASF
Catalysts Germany GmbH |
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Registered Office : |
Freundallee
23, 30173 Hannover |
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Country : |
Germany |
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Date of Incorporation : |
1959 |
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Com. Reg. No.: |
HRB 5350 |
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Legal Form : |
Private
Limited Company |
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Line of Business : |
Manufacture
of Other Chemical Products nec Manufacture
of Parts and Accessories for Motor Vehicles and Engines Wholesale Trade
in Motor Vehicle Parts and Accessories Wholesale
Trade in Chemical Technical Products |
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 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
BASF Catalysts
Germany GmbH
Freundallee 23
30173 Hannover
Telephone: 0511/2886-60
Telefax: 0511/2886-652
Homepage: www.engelhard.com
CONCLUSION
The maximum credit is EUR 250.000,00.
Business relations are permissible.
LEGAL FORM
Private limited company
Date of foundation
1959
Shareholders' agreement
25.08.1959
Registered on
16.10.1959
Commercial Register
Local court 30175 HANNOVER
Under
HRB 5350
Share capital
EUR 5.625.000,00
Shareholder
Engelhard
Holdings GmbH
Hans-Böckler-Allee 20
30173 Hannover
Legal form: Private limited company
dissolved
Share capital: EUR 25.564,59
Share: EUR 5.625.000,00
Reg. Data: 20.02.1992
HRB 52860
30175 HANNOVER
Control and profit transfer agreement
Manager
Eugene Kuijpers
NL GK Apeldoorn
born 09.04.1954
Nation.: Dutch
Proxy
Andreas Welzel
30823 Garbsen
having sole power of representation
born 29.07.1962
BUSINESS HISTORY
25.08.1959
Engelhard Kali-Chemie GmbH
Hans-Böckler-Allee 20
30173 Hannover
Private limited company
29.07.1992
Engelhard Technologies Ver- waltungs GmbH
30173 Hannover
Private limited company
15.01.1998
Engelhard Technologies GmbH
Freundallee 23
30173 Hannover
Private limited company
BUSINESS ACTIVITIES
24660
MANUFACTURE OF OTHER CHEMICAL PRODUCTS NEC
34300
MANUFACTURE OF PARTS AND ACCESSORIES FOR MOTOR VEHICLES AND
ENGINES
50302
WHOLESALE TRADE IN MOTOR VEHICLE PARTS AND ACCESSORIES
51554
WHOLESALE TRADE IN CHEMICAL TECHNICAL PRODUCTS
BRANCHES AND FACTORIES
Branch:
Engelhard
Technologies GmbH
Große Drakenburger Str. 133
31582 Nienburg
PARTICIPATION
Limited Partner:
BASF Catalysts Grundbesitz GmbH & Co. KG
67059 Ludwigshafen
Legal form: Ltd partnership with priv. ltd. Company as General
partner
Total cap. contribution: EUR
25.000,00
Share:
EUR 25.000,00
Reg. Data: 27.07.2006
HRA 60172
67061
LUDWIGSHAFEN
FINANCIAL INFORMATION
Payment experience: cash
discount/within agreed terms
REAL ESTATE
Type of
ownership: Tenant
Address Freundallee 23
30173 Hannover
Land register
documents were not available.
BANKERS
DEUTSCHE BANK,
HANNOVER
Sort. code: 25070070
COMMERZBANK, HANNOVER
Sort. code: 25040066
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2006 EUR 300.000.000,00
Share capital: EUR 5.625.000,00
Employees: 280
Branch number: 24660
/ 34300 / 50302 / 51554
Control and profit transfer agreement with:
Engelhard
Holdings GmbH
30173 Hannover
Approximate figures are given.
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%)