MIRA INFORM REPORT

 

 

Report Date :

29.01.2008

 

IDENTIFICATION DETAILS

 

Name :

COFFY HANDELS-GESELLSCHAFT BREMEN M.B.H.

 

 

Registered Office :

Waterbergstr. 14 28237 Bremen

 

 

Country :

Germany

 

 

Date of Incorporation :

13.08.1985

 

 

Com. Reg. No.:

HRB 10627

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesale Trade in Coffee, Tea, Cocoa and Spices

 

 

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

 

Maximum Credit Limit :

EUR 88.500,00.

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear


name & address

 

Coffy Handels-Gesellschaft Bremen m.b.H.

Waterbergstr. 14

28237 Bremen

Telephone: 0421/64905-30

Telefax:   0421/64905-95

 

 

SOLVENCY RATING

 

2,0

 

 

CONCLUSION

 

The maximum credit is EUR 88.500,00.

Business relations are permissible.

 

 

LEGAL FORM

 

 Private limited company

 

 

Shareholders' agree-ment

 

18.07.1985

 

 

Registered on

 

13.08.1985

 

 

Commercial Register

 

Local court 28195 BREMEN

under:               HRB 10627

 

 

Share capital

 

 EUR          1.000.000,00

 

 

Shareholder

 

Hermsen Holding GmbH

Waterbergstr. 14

28237 Bremen

Legal form: Private limited company

Share capital:     EUR          1.600.000,00

Share:             EUR            950.000,00

Reg. Data:  07.12.1982

HRB 8288 HB

28195 BREMEN

 

 

Shareholder

 

Dieter Fuhrhop

Wehdener Str. 34

27619 Schiffdorf

born 25.07.1952

Share:             EUR             50.000,00

 

 

Manager

 

Manfred Hermsen

28195 Bremen

born 07.04.1935

Occupation: Businessman

Marital status: married

 

 

Manager

 

Dieter Fuhrhop

Wehdener Str. 34

27619 Schiffdorf

born 25.07.1952

Marital status: married

 

Further functions/participations of Manfred Hermsen (Manager) Limited Partner

 

Hermsen Holding GmbH & Co.

Waterbergstr. 14

28237 Bremen

Legal form: Ltd partnership with priv. ltd.

Company as General partner

dissolved

Total cap. contribution: EUR    1.533.875,64

Share:             EUR          1.533.875,64

Reg. Data:  17.11.1970

HRA 15372

28195 BREMEN

 

 

Limited Partner

 

Transcargo Hermsen, Biehusen GmbH & Co. KG

Waterbergstr. 14

28237 Bremen

Legal form: Ltd partnership with priv. ltd.

Company as General partner

Total cap. contribution: EUR       71.580,86

Share:             EUR             71.580,86

Reg. Data:  09.02.1960

HRA 11585

28195 BREMEN

 

 

Shareholder

 

Hermsen Holding GmbH

Waterbergstr. 14

28237 Bremen

Legal form: Private limited company

Share capital:     EUR          1.600.000,00

Share:             EUR            160.000,00

Reg. Data:  07.12.1982

HRB 8288 HB

28195 BREMEN

 

 

Shareholder

Beteiligungsgesellschaft Hermsen, Biehusen

mbH

Waterbergstr. 14

28237 Bremen

Legal form: Private limited company

Share capital:     EUR             25.564,59

Share:             EUR             25.564,59

Reg. Data:  04.07.1978

HRB 7145

28195 BREMEN

 

 

Shareholder

 

Reint Alberts GmbH

Waterbergstr. 14

28237 Bremen

Legal form: Private limited company

Share capital:     EUR             25.564,59

Share:             EUR             25.564,59

Reg. Data:  12.07.1983

HRB 9678

28195 BREMEN

Employees:                                 4

 

 

Manager

 

Hermsen Holding GmbH

Waterbergstr. 14

28237 Bremen

Legal form: Private limited company

Share capital:     EUR          1.600.000,00

Reg. Data:  07.12.1982

HRB 8288 HB

28195 BREMEN

 

 

Manager

 

Beteiligungsgesellschaft Hermsen, Biehusen

mbH

Waterbergstr. 14

28237 Bremen

Legal form: Private limited company

Share capital:     EUR             25.564,59

Reg. Data:  04.07.1978

HRB 7145

28195 BREMEN

 

 

Manager

 

Reint Alberts GmbH

Waterbergstr. 14

28237 Bremen

Legal form: Private limited company

Share capital:     EUR             25.564,59

Reg. Data:  12.07.1983

HRB 9678

28195 BREMEN

 

 

BUSINESS HISTORY

 

BUSINESS ACTIVITIES

51371

WHOLESALE TRADE IN COFFEE, TEA, COCOA AND SPICES

 

 

FINANCIAL INFORMATION

 

Solvency rating:      2,0

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:   Tenant

Address              Waterbergstr. 14

28237 Bremen

 

Land register documents were not available.

 

 

BANKERS

 

PLUMP, CARL F. - & CO, BREMEN

Sort. code: 29030400

 

 

FIGURES

 

Financial year:      01.01. - 31.12.

Turnover:            2006              EUR         5.200.000,00

 2007              EUR          5.200.000,00

Share capital:                           EUR          1.000.000,00

Employees:                                                            20

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