MIRA
INFORM REPORT
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Report Date : |
25.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
PROGRESS REISEN GMBH |
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Registered Office : |
Karlsplatz 4 80335 München |
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Country : |
Germany |
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Date of Incorporation : |
06.06.1980 |
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Com. Reg. No.: |
HRB 62589 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Travel Agencies |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
EUR 26.000,00. |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name & address
Progress Reisen GmbH
Karlsplatz 4
80335 München
Telephone: 089/598107
Telefax: 089/598100
SOLVENCY RATING
2,3
CONCLUSION
A Credit for the amount of EUR 8.436,32 permissible.
The maximum credit is EUR 26.000,00.
Business relations are permissible.
LEGAL FORM
Private limited company
Shareholders' agree-ment
07.02.1980
Registered on
06.06.1980
Commercial Register
Local court 80797 MÜNCHEN
under: HRB
62589
Share capital
EUR 51.129,18
Shareholder
Ahuva Ungar
Kellerstr. 14
81667 München
born: Steiner
born 21.08.1930
Share: EUR 25.564,59
Shareholder:
Rita Kozak
80335 München
Share: EUR 25.564,59
Manager
Itzhak Ungar
Kellerstr. 14
81667 München
born 10.06.1925
Occupation: Qualified employee in the
tourist branch
Marital status: married
spouse Ahuva Ungar
née: Steiner
born on 21.08.1930
BUSINESS HISTORY
06.06.1980
Reisebüro Progress GmbH
80335 München
Private limited company
03.09.1987
Progress Reisen GmbH
80335 München
Private limited company
BUSINESS ACTIVITIES
63301
TRAVEL AGENCIES
FINANCIAL INFORMATION
olvency rating: 2,3
Payment experience:
without complaints
REAL ESTATE
Type of ownership: Tenant
Address
Karlsplatz 4
80335 München
Land register documents were not available.
BANKERS
SEB, MÜNCHEN
Sort. code: 70010111, Account No: 1410380000
POSTBANK (GIRO), MÜNCHEN
Sort. code: 70010080, Account No: 46415-801
FIGURES
Financial year: 01.01.
- 31.12.
Turnover:
2006 EUR 3.068.000,00
Share capital:
EUR 51.129,18
Equipment: EUR 50.000,00
Employees: 7
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%)