MIRA INFORM REPORT

 

 

Report Date :

08.01.2008

 

IDENTIFICATION DETAILS

 

Name :

INCHEM Chemiehandel GmbH

 

 

Registered Office :

Ettore-Bugatti-Str. 551149 Köln

 

 

Country :

Germany

 

 

Date of Incorporation :

1994

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Sale Of Precision, Photographic And Optical 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

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear


 name and address of the company

 

INCHEM Chemiehandel GmbH

Ettore-Bugatti-Str. 5

51149 Köln

Telephone: 02203/10170-0

 

 

SOLVENCY RATING

 

 2,2

 

 

CONCLUSION

 

The maximum credit is EUR 246.500,00.

Business relations are permissible.

 

 

LEGAL FORM         

 

 Private limited company

 

 

Date of foundation

 

 1994

 

 

Shareholders' agree-ment         

 

05.08.1994

 

 

Registered on

 

 08.09.1994

 

 

Commercial Register

 

Local court 50939 KÖLN 41

under:               HRB 25287

 

 

 

Share capital

 

EUR             51.129,19

 

 

Shareholder

 

Klaus Peter Stolzenbach

Im Wiesengrund 23

51515 Kürten

born 21.08.1949

 

 

Share    

 

EUR             51.129,19

 

 

Manager

 

Klaus Peter Stolzenbach

Im Wiesengrund 23

51515 Kürten

having sole power of representation

born 21.08.1949

Occupation: Industrial manager

Marital status: married

 

Further functions/participations of Klaus Peter Stolzenbach

(Manager)

 

 

Manager

 

Perma-Chemie GmbH

Bonner Str. 46a

50389 Wesseling

Legal form: Private limited company

Share capita      l:     EUR             25.564,59

Reg. Data          :  03.03.1977

HRB 362

50321 BRÜHL

 

 

BUSINESS HISTORY

 

05.08.1994        INCHEM Chemiehandel GmbH

Niederkasseler Str. 9

51147 Köln

Private limited company

 

01.05.1995           INCHEM Chemiehandel GmbH

    Am Grott 7

    51147 Köln

               Private limited company

 

01.06.2004           INCHEM Chemiehandel GmbH

    Ettore-Bugatti-Str. 5

    51149 Köln

   Private limited company

 

 

BUSINESS ACTIVITIES

 

51181

AGENTS INVOLVED IN THE SALE OF PRECISION, PHOTOGRAPHIC AND

OPTICAL GOODS

 

 

FINANCIAL INFORMATION

 

Solvency rating:      2,2

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:   Tenant

Address              Ettore-Bugatti-Str. 5

51149 Köln

 

Private real estate

Name                        Klaus Peter Stolzenbach

Type of ownership:   unknown

Address                    Im Wiesengrund 23 51515 Kürten

 

Land register documents were not available.

 

 

BANKERS

 

SPARKASSE KÖLNBONN, KÖLN

Sort. code: 37050198

DRESDNER BANK, KÖLN

Sort. code: 37080040

COMMERZBANK, KÖLN

Sort. code: 37040044

SPARKASSE LEVERKUSEN, LEVERKUSEN

Sort. code: 37551440

 

 

 FIGURES

 

Financial year:      01.01. - 31.12.

 Turnover:            2006               EUR         14.500.000,00

                      2007               EUR         14.500.000,00

 Share capital:                          EUR             51.129,19

 Employees:                                                      7

 

 Approximate figures are given.


 

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