MIRA INFORM REPORT

 

 

Report Date :

29.01.2008

 

IDENTIFICATION DETAILS

 

Name :

JUFICO GMBH

 

 

Registered Office :

Geisäckerweg 12 72160 Horb

 

 

Country :

Germany

 

 

Date of Incorporation :

2005

 

 

Com. Reg. No.:

HRB 440802

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesale Trade In Food

 

 

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

 

Maximum Credit Limit :

EUR 7.000,00.

 

 

Status :

Small Company

 

 

Payment Behaviour :

Regular

 


 

name & address

 

Jufico GmbH

Geisäckerweg 12

72160 Horb

Telephone: 07451/5506-0

Homepage:  www.jufico.com

E-Mail:    meine-fruchtbar@jufico.com

 

 

SOLVENCY RATING

 

 2,4

 

 

CONCLUSION

 

The maximum credit is EUR 7.000,00.

Business relations are permissible.

 

 

LEGAL FORM

 

 Private limited company

 

 

Date of foundation

 

2005

 

 

Shareholders' agree-ment

 

 19.08.2005

 

 

Registered on

 

22.08.2005

 

 

Commercial Register

 

Local court 70190 STUTTGART 1

under:               HRB 440802

 

Share capital

 

 EUR            125.000,00

 

 

Shareholder

 

Albrecht Jud

72202 Nagold

born 28.10.1969

Share:             EUR             42.300,00

 

 

Shareholder

 

Gordon Findlay

82131 Gauting

born 18.05.1971

Share:             EUR             42.300,00

 

 

Shareholder

 

Matthias Rauter

72160 Horb

born 29.04.1969

Share:             EUR             32.900,00

 

 

Shareholder

 

Mark David Edworthy

GB Pettistree

born 21.10.1969

Share:             EUR              2.500,00

 

 

Shareholder

 

John O`Brien

GB Dorking

born 31.03.1964

Share:             EUR              1.250,00

 

 

Shareholder

 

Colin Ware

17 Byfeld Gardens

GB London

born 25.09.1966

Share:             EUR              1.250,00

 

 

Shareholder

 

Kevin Lindsay Findlay

GB Edingburgh

born 21.03.1967

Share:             EUR              1.250,00

 

 

Shareholder

 

Achim Schneider

72160 Horb

born 03.03.1970

Share:             EUR              1.250,00

 

 

Manager

Matthias Rauter

72160 Horb

having sole power of representation

born 29.04.1969

 

 

Manager

 

Albrecht Jud

72202 Nagold

having sole power of representation

born 28.10.1969

 

 

Manager

 

Gordon Findlay

82131 Gauting

having sole power of representation

born 18.05.1971

 

 

BUSINESS HISTORY

 

 

 

BUSINESS ACTIVITIES

 

51383

WHOLESALE TRADE IN FOOD, N.E.C.

52275

Other specialized retail sale of foodstuffs (excl. health food)

 

 

FINANCIAL INFORMATION

 

Solvency rating:      2,4

Payment experience:  within agreed terms

Trend of business:   constant

Order position:      satisfactory

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Geisäckerweg 12

72160 Horb

 

Land register documents were not available.

 

 

BANKERS

 

VOLKSBANK HORB, HORB AM NECKAR

Sort. code: 64191700

 

 

FIGURES

Financial year:      01.01. - 31.12.

Turnover:                       2006                 EUR            500.000,00

2007                 EUR            650.000,00

Expected turnover:         2008                 EUR            700.000,00

Share capital:                                        EUR            125.000,00

Value of stocks:                                     EUR             10.000,00

Equipment:                                            EUR             20.000,00

Ac/ts receivable:                                    EUR             40.000,00

Liabilities:                                              EUR             30.000,00

Total number of vehicles:                                                        3

Employees:                                                                                3

 

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