MIRA INFORM REPORT

 

 

 

Report Date :

05.07.2008

 

IDENTIFICATION DETAILS

 

Name :

UNICOR GMBH

 

 

Registered Office :

Industriestr. 56, 97437 Haßfurt, Post Box:  16 55

 

 

Country :

Germany

 

 

Date of Incorporation :

03.08.1984

 

 

Com. Reg. No.:

HRB 1212

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of Other General-Purpose Machinery

 

 

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 250.000,00.

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

 

name & address

 

UNICOR GmbH

Industriestr. 56

97437 Haßfurt

Post Box:  16 55

Telephone: 09521/956-0

Telefax:   09521/956-195

Homepage:  www.unicor.com

E-Mail:    sales@unicor.com

 

 

 

VAT no.           

 

DE811285740

 

 

Tax ID number   

 

249/117/30045

 

 

SOLVENCY RATING   

 

1,5

 

 

CONCLUSION

 

 The maximum credit is EUR 250.000,00.

 Business relations are permissible.

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

03.08.1984

 

 

 

Shareholders' agreement               

 

03.08.1984

 

 

Registered on      

 

30.08.1984

 

 

Commercial Register

 

Local court 96047 BAMBERG

 under:               HRB 1212

 

 

Share capital                   

 

EUR          1.022.600,00

 

 

Shareholder

 

Unicor Beteiligungs GmbH

Industriestr. 56

97437 Haßfurt

Legal form: Private limited company

Share capital:     EUR          1.000.000,00

Share:             EUR          1.022.600,00

Reg. Data:  05.10.2005

HRB 5382

96047 BAMBERG

Control and profit transfer agreement

 

 

Manager

 

Klaus Kaufmann

Desselbachstr. 2

97437 Haßfurt

authorized to jointly represent the company

born 27.02.1957

Occupation: graduate engineer

Marital status: married

 

 

 

Proxy

 

Ralf Mittermüller

97440 Werneck

authorized to jointly represent the company

born 19.07.1964

 

Proxy:

Gerhard Häfner

96185 Schönbrunn

authorized to jointly represent the company

born 12.09.1956

 

Proxy:

Hubert Koßner

97523 Schwanfeld

authorized to jointly represent the company

born 19.08.1961

 

 

Further functions/participations of Klaus Kaufmann (Manager)

 

Shareholder:

Unicor Beteiligungs GmbH

Industriestr. 56

97437 Haßfurt

Legal form: Private limited company

Share capital:     EUR          1.000.000,00

Share:             EUR            120.000,00

Reg. Data:  05.10.2005

HRB 5382

96047 BAMBERG

 

Manager:

Unicor Beteiligungs GmbH

Industriestr. 56

97437 Haßfurt

Legal form: Private limited company

Share capital:     EUR          1.000.000,00

Reg. Data:  05.10.2005

HRB 5382

96047 BAMBERG

 

 

BUSINESS HISTORY

 

30.11.2004           UNICOR GmbH Rahn Plastmaschinen

                      Industriestr. 56

                      97437 Haßfurt

                      Private limited company

BUSINESS ACTIVITIES

 

28290

 Manufacture of other general-purpose machinery

 

 

FINANCIAL INFORMATION

 

 Solvency rating:      1,5

 Payment experience:  takes advantage of cash discount

 Trend of business:   constant

 Order position:      good

 Earning position:    good

 

 

REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Industriestr. 56

                      97437 Haßfurt

 

 Land register documents were not available.

 

 

BANKERS

 

 DEUTSCHE BANK, SCHWEINFURT

 Sort. code: 79070016, Account No: 84 69 59 5

 SPARKASSE OSTUNTERFRANKEN, HAßFURT

 Sort. code: 79351730, Account No: 62 21

 BAYER HYPOVEREINSBANK EX VEREINS UND WESTBANK, HAMBURG

 Sort. code: 20030000, Account No: 603196569

 

 

FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:                      2006                 EUR         20.580.000,00

                                    2007                 EUR         24.000.000,00

 Share capital:                                       EUR          1.022.600,00

 Value of stocks:                                                EUR          3.500.000,00

 Equipment:                                           EUR          1.300.000,00

 Employees:                                                                  140

 - Salaried employees:                                                                  60

Control and profit transfer agreement with:

                      Unicor Beteiligungs GmbH

                      97437 Haßfurt

 

 Approximate figures are given.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.43.12

UK Pound

1

Rs.85.08

Euro

1

Rs.67.41

 

 

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