MIRA INFORM REPORT

 

 

Report Date :

16.01.2008

 

IDENTIFICATION DETAILS

 

Name :

WELLYOU GMBH & CO KG

 

 

Registered Office :

WELLYOU GmbH & Co. KG Bornstr. 1 20146 Hamburg

 

 

Country :

Germany

 

 

Date of Incorporation :

28.12.1999

 

 

Legal Form :

Limited Partnership with Private Limited Company as General Partner.

 

 

Line of Business :

Manufacture of Other Outerwear

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Small Company

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear


name and address of the company

 

WELLYOU GmbH & Co. KG

Bornstr. 1

20146 Hamburg

Telephone: 040/45060860

Telefax:   040/45060861

Homepage:  www.wellyou.de

E-Mail:    info@wellyou.de

 

 

 SOLVENCY RATING

 

2,6

 

 

 CONCLUSION

 

The maximum credit is EUR 10.000,00.

 Business relations are permissible.

 

 

 LEGAL FORM

 

Ltd partnership with priv. ltd. Company as General partner

 

 

 Date of foundation

 

 1999

 

 

 Begin of Business activities

 

28.12.1999

 

 

Registered on

 

 14.02.2000

 

 

Register ofcompanies

 

Local court 20355 HAMBURG 36

under:               HRA 94147

 

 

Total cap. Contribution

 

  EUR             30.000,00

 

 

General Partner

 

WELLYOU Verwaltungs-GmbH

Altonaer Poststr. 9a

22767 Hamburg

Legal form: Private limited company

Share capital:     EUR             25.500,00

Reg. Data:  25.11.1999

HRB 73480

20355 HAMBURG 36

 

 

Manager

 

Christian Strohecker

75172 Pforzheim

having sole power of representation

born 23.09.1964

 

 

Limited Partner

 

Carl Christian Strohecker

Ruhrstr. 61

22761 Hamburg

born 23.09.1964

Share:             EUR             30.000,00

 

 

BUSINESS HISTORY

 

Beginning of business activities:28.12.1999

28.12.1999           WELLYOU.de GmbH & Co. KG

Bornstr. 1

20146 Hamburg

Ltd partnership with priv. ltd. Company as

General partner

 

 

BUSINESS ACTIVITIES

 

1822

 MANUFACTURE OF OTHER OUTERWEAR

 5142

 WHOLESALE OF CLOTHING AND FOOTWEAR

 

 

 FINANCIAL INFORMATION

 

Solvency rating:      2,6

Payment experience:  within periods customary in this trade

 

 

REAL ESTATE

 

Type of ownership:   Tenant

 Address              Bornstr. 1

                          20146 Hamburg

 

 Land register documents were not available.

 

 

BANKERS

 

The bank connection could not be obtained.

 

 

 FIGURES

 

Financial year:      01.01. - 31.12.

 Total cap. contribution:                EUR             30.000,00

 Employees:                                                      1


 

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